DMFFX

About DMFFX

Destinations Municipal Fixed Income Fund Class I is an open-end municipal bond fund focused on generating current income that is exempt from regular federal income tax. The fund primarily invests in investment-grade municipal securities while allowing a measured allocation to lower-rated bonds to enhance income, providing diversification across states, sectors, and revenue sources within the municipal market. It employs a multi-manager structure, allocating assets to specialist sub-advisers that emphasize complementary approaches such as relative value in high yield municipals, high-quality intermediate exposure, and active duration and curve positioning within tax-exempt markets. The portfolio is broadly diversified, holding hundreds of municipal issues and maintaining an intermediate profile consistent with its category, with monthly distributions reflecting its income focus. This strategy serves investors seeking tax-advantaged income and exposure to the municipal bond market through an actively managed, institutional share class that consolidates distinct manager expertise under one vehicle.