Destinations Municipal Fixed Income Fund Class Z DMFZX
Strategy
The investment seeks current income that is exempt from federal income taxation. The fund will invest, under normal market conditions, at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in fixed income securities that pay interest that is exempt from regular federal income tax. It primarily invests in investment grade debt obligations, but may invest to a limited extent in obligations that are rated below-investment grade (commonly referred to as "junk bonds").
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Ticker
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Name
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Share Class Type
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Investment Status
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Morningstar Rating for Funds
Overall
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Medalist Rating
Overall
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Inception Date
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Total Net Assets for Share Class
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Adjusted Expense Ratio
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Fee Level
Distribution
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Minimum Initial Investment
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1-Year Net Flow
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DMFFX
| Destinations Municipal Fixed Income Fund Class I | Institutional | Open | $571.23M | 0.840% | High | $0 | −$32.70M | |||
DMFZX
| Destinations Municipal Fixed Income Fund Class Z | Institutional | Open | $38.37M | 0.690% | High | $0 | $331,566.26 |