Destinations Equity Income Fund
Overview
The Destinations Equity Income Fund seeks to provide a high level of current income with long-term capital appreciation, investing primarily in dividend-paying equity securities.
Employing a multi-manager approach, the Fund currently allocates assets among the following sub-advisers:
- Federated Equity Management Company of Pennsylvania is the sub-adviser of Federated Strategic Value Dividend which employs a bottom-up, fundamental approach with an emphasis on high-yielding, dividend growing stocks.
- Nuveen Asset Management, LLC is the sub-adviser of Nuveen Global Equity Income which seeks to provide high current income and long-term capital appreciation by investing in global equity and income-producing securities.
- Neuberger Berman Investment Advisors, LLC is the sub-adviser of Neuberger Berman Equity Income which employs an income-oriented approach that seeks to generate a current yield greater than the current yield of the S&P 500 Index with lower volatility.
I Share Fund performance as of 6/30/2022 | ||||||||||||||
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MTD | QTD | YTD | 1 Year | 3 Years | 5 Years | Since Inception | ||||||||
Destinations Equity Income Fund |
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FTSE All-World High Dividend Yield Index |
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Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by calling 1-877-771-7979.
*The Fund’s adviser, Brinker Capital Investments, LLC (“Brinker Capital” or the “Adviser”), has contractually agreed to waive a portion of its management fee as necessary to keep the Fund’s management fee from exceeding 0.39% more than the total amount of sub-advisory fees paid by the Adviser. This fee waiver and reimbursement agreement shall remain in effect until June 30, 2023 and may be amended or terminated only with the consent of the Board of Trustees.
FTSE All-World High Dividend Yield Index: A subset of the FTSE All-World Index that is comprised of companies with higher-than-average dividend yields, excluding real estate investment trusts.
An investment in the Destinations Equity Income Fund is subject to risk, including the possible loss of principal amount invested.
Derivatives, such as futures, involve risks different from, or possibly greater than, risks associated with investing directly in securities and other traditional investments. Specific risk issues include tax issues, increased potential for losses and/or costs to the Fund, and a potential reduction in gains to the Fund.
Foreign securities subject the Fund to the risks associated with investing in the particular country of an issuer, including the political, regulatory, economic, social, diplomatic and other conditions or events, as well as risks associated with less developed custody and settlement practices. Foreign securities may be more volatile and less liquid than securities of U.S. companies. Risks of foreign investment tend to be greater in emerging markets, which tend to be more likely to experience political turmoil or rapid change to market or economic conditions.
Mid-capitalization companies may be newer or less established than large-capitalization companies, and may have limited resources, products and markets, can be more volatile and may be less liquid.
Stocks of smaller companies may be subject to more abrupt or erratic market movements than stocks of larger, more established companies and typically are traded in lower volume, are less liquid.
Real estate investment trusts (REITs) are trusts that invest primarily in commercial real estate or real estate-related loans. Risks commonly associated with the direct ownership of real estate include fluctuations in the value of underlying properties, defaults by borrowers or tenants, changes in interest rates and risks related to general or local economic conditions.
Liquidity risk refers to the possibility that securities cannot be readily sold within seven days at approximately the price at which the Fund has valued them.
With securities lending risk, the Fund may lose money from securities lending if, for example, it is delayed in or prevented from selling the collateral after the loan is made or recovering the securities loaned or if it incurs losses on the reinvestment of cash collateral.
- Ticker: DGEFX
- CUSIP: 10964R400
- Benchmark: FTSE All-World High Dividend Yield Index
- Inception date: 03/20/2017
- Gross expense ratio: 1.04%
- Net expense ratio: 0.92%*
Daily NAV | Date: | 08/18/2022 |
NAV: $11.77 NAV change: $0.02 Total assets ($m): $502.0
Management team
- Amy L. Magnotta Head of Discretionary Portfolios
Amy L. Magnotta, CFA, is Head of Discretionary Portfolios at Brinker Capital with portfolio management responsibilities for the Destinations program. Ms. Magnotta joined Brinker Capital in 2006 as a senior analyst and has been portfolio manager for the Destinations program since 2007. Prior to joining Brinker Capital, Ms. Magnotta was an associate at Franklin Park Associates from 2004 to 2006 and an associate at BlackRock from 2001 to 2004. Ms. Magnotta has a B.S. in Finance from Lehigh University.
- Leigh A. Lowman Senior Portfolio Manager
Leigh A. Lowman, CFA is Senior Portfolio Manager at Brinker Capital with portfolio management responsibilities for the Destinations program. Prior to joining Brinker Capital in 2015, Ms. Lowman was an outreach analyst for The Investment Fund for Foundations (TIFF) and a senior associate for Mondrian Investment Partners. Ms. Lowman was previously at Brinker Capital from 2004 to 2010 as an investment associate and operations analyst. Ms. Lowman has a B.A. in Economics from Wittenberg University.
Performance
I Share Fund performance as of 6/30/2022 | ||||||||||||||||||||
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Annualized | ||||||||||||||||||||
MTD | QTD | YTD | 1 Year | 3 Years | 5 Years | Since Inception | Inception Date | Gross expense ratio | Net expense ratio* | |||||||||||
Destinations Equity Income Fund |
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FTSE All-World High Dividend Yield Index |
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Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by calling 1-877-771-7979.
*The Fund’s adviser, Brinker Capital Investments, LLC (“Brinker Capital” or the “Adviser”), has contractually agreed to waive a portion of its management fee as necessary to keep the Fund’s management fee from exceeding 0.39% more than the total amount of sub-advisory fees paid by the Adviser. This fee waiver and reimbursement agreement shall remain in effect until June 30, 2023 and may be amended or terminated only with the consent of the Board of Trustees.
FTSE All-World High Dividend Yield Index: A subset of the FTSE All-World Index that is comprised of companies with higher-than-average dividend yields, excluding real estate investment trusts.
Holdings
Security Description | Ticker Symbol | Security ID | Security Type Description | Quantity | Base Market Value | Percent TNA |
---|---|---|---|---|---|---|
BRAZIL REAL | CASHBRL | CURRENCY | .0100 | .00 | .00 | |
CANADIAN DOLLAR | CASHCAD | CURRENCY | 26,580.1500 | 20,755.20 | .00 | |
EURO | CASHEUR | CURRENCY | -52.4200 | -53.56 | -.00 | |
SWISS FRANC | CASHCHF | CURRENCY | -5.0200 | -5.27 | -.00 | |
NEW TAIWAN DOLLAR | CASHTWD | CURRENCY | 1,184,017.2000 | 39,431.75 | .01 | |
BRITISH POUNDS | CASHGBP | CURRENCY | .9200 | 1.12 | .00 | |
US DOLLARS | CASHUSD | CURRENCY | 17,983,641.8900 | 17,983,641.89 | 3.35 | |
BHP GROUP LTD /AUD/ | 6144690 | COMMON STOCK | 117,230.0000 | 3,223,828.03 | .60 | |
EVEREST RE GROUP LTD | RE | G3223R108 | COMMON STOCK | 10,501.0000 | 2,744,436.35 | .51 |
CAN IMPERIAL BK OF COMME /CAD/ | BCM | 136069101 | COMMON STOCK | 42,175.0000 | 2,133,367.04 | .40 |
ENBRIDGE INC /CAD/ | ENB | 2466149 | COMMON STOCK | 180,600.0000 | 8,110,183.11 | 1.51 |
TC ENERGY CORP /CAD/ | 87807B107 | COMMON STOCK | 84,501.0000 | 4,504,652.54 | .84 | |
BCE INC /CAD/ | B188TH2 | COMMON STOCK | 141,250.0000 | 7,136,122.28 | 1.33 | |
NUTRIEN LTD /CAD/ | BDRJLN0 | COMMON STOCK | 30,860.0000 | 2,641,528.29 | .49 | |
NUTRIEN LTD | NTR | 67077M108 | COMMON STOCK | 44,100.0000 | 3,777,606.00 | .70 |
TELUS CORP | TU | 87971M103 | COMMON STOCK | 54,800.0000 | 1,260,400.00 | .23 |
NORDEA BANK ABP /EUR/ | BFM0SV9 | COMMON STOCK | 480,478.0000 | 4,730,844.34 | .88 | |
CAPGEMINI SE /EUR/ | 4163437 | COMMON STOCK | 10,114.0000 | 1,929,592.90 | .36 | |
SANOFI /EUR/ | 5671735 | COMMON STOCK | 13,605.0000 | 1,353,404.54 | .25 | |
TOTALENERGIES SE /EUR/ | B15C557 | COMMON STOCK | 164,280.0000 | 8,377,970.12 | 1.56 | |
DEUTSCHE POST AG-REG /EUR/ | 4617859 | COMMON STOCK | 78,098.0000 | 3,107,360.55 | .58 | |
FRESENIUS MEDICAL CARE AG & CO /EUR/ | 5129074 | COMMON STOCK | 36,952.0000 | 1,365,090.54 | .25 | |
ALLIANZ SE REGISTERED /EUR/ | ALV | 5231485 | COMMON STOCK | 21,200.0000 | 3,843,688.42 | .72 |
MUENCHENER RUECKVER AG-R /EUR/ | MUV2 | 5294121 | COMMON STOCK | 8,675.0000 | 1,961,241.37 | .37 |
SIEMENS AG-REG /EUR/ | SIE | 5727973 | COMMON STOCK | 26,003.0000 | 2,886,439.56 | .54 |
DEUTSCHE BOERSE AG /EUR/ | DB1 | 7021963 | COMMON STOCK | 19,467.0000 | 3,392,480.76 | .63 |
MEDTRONIC PLC | MDT | BTN1Y11 | COMMON STOCK | 36,534.0000 | 3,380,125.68 | .63 |
EATON CORP PLC | ETN | G29183103 | COMMON STOCK | 30,081.0000 | 4,463,719.59 | .83 |
ENEL SPA /EUR/ | 7144569 | COMMON STOCK | 374,262.0000 | 1,890,668.64 | .35 | |
KAO CORP /JPY/ | 6483809 | COMMON STOCK | 59,710.0000 | 2,603,387.99 | .49 | |
MITSUI & CO LTD /JPY/ | 6597302 | COMMON STOCK | 101,570.0000 | 2,231,773.83 | .42 | |
NINTENDO CO LTD /JPY/ | 6639550 | COMMON STOCK | 6,145.0000 | 2,763,153.98 | .52 | |
AMCOR PLC | AMCR | BJ1F307 | COMMON STOCK | 275,600.0000 | 3,569,020.00 | .67 |
AIRBUS SE /EUR/ | 4012250 | COMMON STOCK | 26,679.0000 | 2,884,303.32 | .54 | |
NN GROUP NV /EUR/ | BNG8PQ9 | COMMON STOCK | 47,901.0000 | 2,245,009.99 | .42 | |
OVERSEA-CHINESE BANKING /SGD/ | B0F9V20 | COMMON STOCK | 269,611.0000 | 2,282,152.56 | .43 | |
SK TELECOM /KRW/ | 6224871 | COMMON STOCK | 53,984.0000 | 2,224,153.93 | .41 | |
SAMSUNG ELECTRONICS PRF /KRW/ | 005935 | 6773812 | COMMON STOCK | 45,877.0000 | 2,014,230.10 | .38 |
FERROVIAL SA /EUR/ | B038516 | COMMON STOCK | 56,100.0000 | 1,501,972.31 | .28 | |
ZURICH INSURANCE GROUP AG /CHF/ | 5983816 | COMMON STOCK | 7,248.0000 | 3,163,006.51 | .59 | |
CHUBB LTD | CB | H1467J104 | COMMON STOCK | 11,956.0000 | 2,255,379.84 | .42 |
MEDIATEK INC /TWD/ | 6372480 | COMMON STOCK | 74,000.0000 | 1,696,778.44 | .32 | |
BRITISH AMERICAN TOBACCO /GBP/ | 0287580 | COMMON STOCK | 207,795.0000 | 8,165,147.89 | 1.52 | |
ASTRAZENECA PLC /GBP/ | AZN | 0989529 | COMMON STOCK | 36,616.0000 | 4,812,183.99 | .90 |
UNILEVER PLC /GBP/ | B10RZP7 | COMMON STOCK | 82,975.0000 | 4,040,818.76 | .75 | |
NATIONAL GRID PLC /GBP/ | BDR05C0 | COMMON STOCK | 466,847.0000 | 6,443,246.89 | 1.20 | |
VODAFONE GROUP PLC /GBP/ | BH4HKS3 | COMMON STOCK | 4,803,843.0000 | 7,085,865.88 | 1.32 | |
SHELL PLC-NEW /GBP/ | BP6MXD8 | COMMON STOCK | 104,056.0000 | 2,779,780.11 | .52 | |
ASTRAZENECA PLC-SPONS ADR | AZN | 046353108 | COMMON STOCK | 67,050.0000 | 4,440,721.50 | .83 |
RIO TINTO PLC-SPON ADR | RIO | 767204100 | COMMON STOCK | 53,475.0000 | 3,263,579.25 | .61 |
AGCO CORP | AGCO | 001084102 | COMMON STOCK | 17,610.0000 | 1,918,081.20 | .36 |
AT&T INC | T | 00206R102 | COMMON STOCK | 322,534.0000 | 6,057,188.52 | 1.13 |
ABBVIE INC | ABBV | 00287Y109 | COMMON STOCK | 88,391.0000 | 12,684,992.41 | 2.37 |
ALEXANDRIA REAL ESTATE EQUIT | ARE | 015271109 | REIT - Real Estate Invesment Trust | 5,075.0000 | 841,333.50 | .16 |
AMEREN CORPORATION | AEE | 023608102 | COMMON STOCK | 29,750.0000 | 2,770,320.00 | .52 |
AMERICAN CAMPUS COMMUNITIES | ACC | 024835100 | REIT - Real Estate Invesment Trust | 31,750.0000 | 2,073,910.00 | .39 |
AMERICAN ELECTRIC POWER | AEP | 025537101 | COMMON STOCK | 26,455.0000 | 2,607,404.80 | .49 |
AMGEN INC | AMGN | 031162100 | COMMON STOCK | 21,490.0000 | 5,318,130.30 | .99 |
ELEVANCE HEALTH INC | ELV | 036752103 | COMMON STOCK | 8,898.0000 | 4,245,235.80 | .79 |
BEST BUY CO INC | BBY | 086516101 | COMMON STOCK | 8,525.0000 | 656,339.75 | .12 |
BOSTON PROPERTIES INC | BXP | 101121101 | REIT - Real Estate Invesment Trust | 19,017.0000 | 1,733,589.72 | .32 |
BRISTOL-MYERS SQUIBB CO | BMY | 110122108 | COMMON STOCK | 119,621.0000 | 8,825,637.38 | 1.65 |
BRIXMOR PROPERTY GROUP INC | BRX | 11120U105 | REIT - Real Estate Invesment Trust | 117,325.0000 | 2,719,593.50 | .51 |
BROADCOM INC | AVGO | 11135F101 | COMMON STOCK | 3,013.0000 | 1,613,401.24 | .30 |
BROADCOM INC SER A PREFERRED | AVGOP | 11135F200 | PREFERRED STOCK | 1,377.0000 | 2,310,330.60 | .43 |
CME GROUP INC | CME | 12572Q105 | COMMON STOCK | 19,650.0000 | 3,919,782.00 | .73 |
CVS HEALTH CORPORATION_ | CVS | 126650100 | COMMON STOCK | 42,175.0000 | 4,035,304.00 | .75 |
CAMDEN PROPERTY TRUST | CPT | 133131102 | REIT - Real Estate Invesment Trust | 7,400.0000 | 1,044,140.00 | .19 |
CARDINAL HEALTH INC | CAH | 14149Y108 | COMMON STOCK | 57,925.0000 | 3,450,013.00 | .64 |
CATERPILLAR INC | CAT | 149123101 | COMMON STOCK | 7,275.0000 | 1,442,268.75 | .27 |
CENTERPOINT ENERGY INC | CNP | 15189T107 | COMMON STOCK | 133,575.0000 | 4,232,991.75 | .79 |
CHANGE HEALTHCARE INC | CHNG | 15912K100 | COMMON STOCK | 69,050.0000 | 1,675,843.50 | .31 |
CHESAPEAKE ENERGY CORP | CHK | 165167735 | COMMON STOCK | 38,050.0000 | 3,583,168.50 | .67 |
CHEVRON CORP | CVX | 166764100 | COMMON STOCK | 53,436.0000 | 8,751,748.08 | 1.63 |
CISCO SYSTEMS INC | CSCO | 17275R102 | COMMON STOCK | 124,504.0000 | 5,648,746.48 | 1.05 |
CITIZENS FINANCIAL GROUP | CFG | 174610105 | COMMON STOCK | 38,825.0000 | 1,474,185.25 | .27 |
CLOROX COMPANY | CLX | 189054109 | COMMON STOCK | 26,150.0000 | 3,709,116.00 | .69 |
COCA-COLA CO/THE | KO | 191216100 | COMMON STOCK | 67,522.0000 | 4,332,886.74 | .81 |
COGENT COMMUNICATIONS HOLDIN | CCOI | 19239V302 | COMMON STOCK | 7,725.0000 | 492,932.25 | .09 |
COMCAST CORP-CLASS A | CMCSA | 20030N101 | COMMON STOCK | 50,975.0000 | 1,912,582.00 | .36 |
CONAGRA BRANDS INC | CAG | 205887102 | COMMON STOCK | 116,780.0000 | 3,995,043.80 | .74 |
CONOCOPHILLIPS | COP | 20825C104 | COMMON STOCK | 42,150.0000 | 4,106,674.50 | .77 |
CORNING INC | GLW | 219350105 | COMMON STOCK | 30,525.0000 | 1,122,099.00 | .21 |
CROWN CASTLE INTL CORP | CCI | 22822V101 | REIT - Real Estate Invesment Trust | 8,250.0000 | 1,490,445.00 | .28 |
DARDEN RESTAURANTS INC | DRI | 237194105 | COMMON STOCK | 18,750.0000 | 2,334,187.50 | .44 |
DOMINION ENERGY INC | D | 25746U109 | COMMON STOCK | 145,773.0000 | 11,950,470.54 | 2.23 |
DUKE REALTY CORP | DRE | 264411505 | REIT - Real Estate Invesment Trust | 7,100.0000 | 444,176.00 | .08 |
DUKE ENERGY CORP | DUK | 26441C204 | COMMON STOCK | 58,830.0000 | 6,467,181.90 | 1.21 |
DUPONT DE NEMOURS INC | DD | 26614N102 | COMMON STOCK | 48,203.0000 | 2,951,469.69 | .55 |
EMERSON ELECTRIC CO | EMR | 291011104 | COMMON STOCK | 29,557.0000 | 2,662,198.99 | .50 |
ENTERPRISE PRODUCTS PARTNERS | EPD | 293792107 | POOLED INVESTMENTS | 179,919.0000 | 4,809,234.87 | .90 |
EQUITY RESIDENTIAL | EQR | 29476L107 | REIT - Real Estate Invesment Trust | 7,925.0000 | 621,240.75 | .12 |
EXXON MOBIL CORP | XOM | 30231G102 | COMMON STOCK | 52,845.0000 | 5,122,265.85 | .96 |
FIFTH THIRD BANCORP | FITB | 316773100 | COMMON STOCK | 62,727.0000 | 2,140,245.24 | .40 |
GENERAL DYNAMICS CORP | GD | 369550108 | COMMON STOCK | 12,024.0000 | 2,725,480.08 | .51 |
GENERAL MILLS INC | GIS | 370334104 | COMMON STOCK | 30,365.0000 | 2,270,998.35 | .42 |
GENERAL MOTORS CO | GM | 37045V100 | COMMON STOCK | 49,053.0000 | 1,778,661.78 | .33 |
GILEAD SCIENCES INC | GILD | 375558103 | COMMON STOCK | 140,650.0000 | 8,403,837.50 | 1.57 |
HASBRO INC | HAS | 418056107 | COMMON STOCK | 17,500.0000 | 1,377,600.00 | .26 |
HOME DEPOT INC | HD | 437076102 | COMMON STOCK | 6,750.0000 | 2,031,345.00 | .38 |
HUMANA INC | HUM | 444859102 | COMMON STOCK | 6,925.0000 | 3,337,850.00 | .62 |
HUNTINGTON BANCSHARES INC | HBAN | 446150104 | COMMON STOCK | 410,965.0000 | 5,461,724.85 | 1.02 |
ISHARES CORE HIGH DIVIDEND E | HDV | 46429B663 | POOLED INVESTMENTS | 51,729.0000 | 5,373,608.52 | 1.00 |
JPMORGAN CHASE & CO | JPM | 46625H100 | COMMON STOCK | 39,767.0000 | 4,587,521.12 | .86 |
JPMORGAN EQUITY PREMIUM INCO | JEPI | 46641Q332 | POOLED INVESTMENTS | 254,290.0000 | 14,603,874.70 | 2.72 |
JOHNSON & JOHNSON | JNJ | 478160104 | COMMON STOCK | 31,870.0000 | 5,561,952.40 | 1.04 |
KELLOGG CO | K | 487836108 | COMMON STOCK | 40,625.0000 | 3,003,000.00 | .56 |
KEYCORP | KEY | 493267108 | COMMON STOCK | 199,925.0000 | 3,658,627.50 | .68 |
KIMBERLY-CLARK CORP | KMB | 494368103 | COMMON STOCK | 29,400.0000 | 3,874,626.00 | .72 |
LAS VEGAS SANDS CORP | LVS | 517834107 | COMMON STOCK | 58,073.0000 | 2,188,771.37 | .41 |
LEGGETT & PLATT INC | LEG | 524660107 | COMMON STOCK | 15,950.0000 | 632,258.00 | .12 |
MCDONALDS CORP | MCD | 580135101 | COMMON STOCK | 7,375.0000 | 1,942,353.75 | .36 |
MERCK & CO. INC. | MRK | 58933Y105 | COMMON STOCK | 106,260.0000 | 9,493,268.40 | 1.77 |
MICROSOFT CORP | MSFT | 594918104 | COMMON STOCK | 9,995.0000 | 2,805,996.30 | .52 |
MORGAN STANLEY | MS | 617446448 | COMMON STOCK | 8,400.0000 | 708,120.00 | .13 |
NATIONAL RETAIL PROPERTIES | NNN | 637417106 | REIT - Real Estate Invesment Trust | 55,187.0000 | 2,627,453.07 | .49 |
NEWMONT CORP | NEM | 651639106 | COMMON STOCK | 43,925.0000 | 1,988,924.00 | .37 |
NEXTERA ENERGY INC | NEE | 65339F101 | COMMON STOCK | 35,375.0000 | 2,988,833.75 | .56 |
NEXTERA ENERGY PARTNERS LP | NEP | 65341B106 | COMMON STOCK | 18,250.0000 | 1,510,005.00 | .28 |
NORTHERN TRUST CORP | NTRS | 665859104 | COMMON STOCK | 20,750.0000 | 2,070,435.00 | .39 |
OMEGA HEALTHCARE INVESTORS | OHI | 681936100 | REIT - Real Estate Invesment Trust | 98,070.0000 | 3,040,170.00 | .57 |
ORACLE CORP | ORCL | 68389X105 | COMMON STOCK | 33,216.0000 | 2,585,533.44 | .48 |
PNC FINANCIAL SERVICES GROUP | PNC | 693475105 | COMMON STOCK | 50,300.0000 | 8,346,782.00 | 1.56 |
PPL CORP | PPL | 69351T106 | COMMON STOCK | 141,125.0000 | 4,103,915.00 | .77 |
PAYCHEX INC | PAYX | 704326107 | COMMON STOCK | 23,200.0000 | 2,976,096.00 | .55 |
PEPSICO INC | PEP | 713448108 | COMMON STOCK | 13,850.0000 | 2,423,196.00 | .45 |
PFIZER INC | PFE | 717081103 | COMMON STOCK | 82,690.0000 | 4,176,671.90 | .78 |
PHILIP MORRIS INTERNATIONAL | PM | 718172109 | COMMON STOCK | 93,571.0000 | 9,090,422.65 | 1.69 |
PIONEER NATURAL RESOURCES CO | PXD | 723787107 | COMMON STOCK | 12,000.0000 | 2,843,400.00 | .53 |
PROCTER & GAMBLE CO/THE | PG | 742718109 | COMMON STOCK | 9,975.0000 | 1,385,627.25 | .26 |
PROLOGIS INC | PLD | 74340W103 | REIT - Real Estate Invesment Trust | 10,900.0000 | 1,444,904.00 | .27 |
PUBLIC SERVICE ENTERPRISE GP | PEG | 744573106 | COMMON STOCK | 66,382.0000 | 4,359,305.94 | .81 |
PULTE GROUP INC | PHM | 745867101 | COMMON STOCK | 39,831.0000 | 1,737,428.22 | .32 |
QUALCOMM INC | QCOM | 747525103 | COMMON STOCK | 19,225.0000 | 2,788,778.50 | .52 |
RAYTHEON TECHNOLOGIES CORP | RTX | 75513E101 | COMMON STOCK | 38,025.0000 | 3,544,310.25 | .66 |
SEMPRA | SRE | 816851109 | COMMON STOCK | 11,050.0000 | 1,832,090.00 | .34 |
SOUTHERN CO/THE | SO | 842587107 | COMMON STOCK | 88,110.0000 | 6,774,777.90 | 1.26 |
SOUTHERN COPPER CORP | SCCO | 84265V105 | COMMON STOCK | 33,975.0000 | 1,691,955.00 | .32 |
STORE CAPITAL CORP | STOR | 862121100 | REIT - Real Estate Invesment Trust | 97,175.0000 | 2,820,018.50 | .53 |
TERRENO REALTY CORP | TRNO | 88146M101 | REIT - Real Estate Invesment Trust | 13,950.0000 | 873,967.50 | .16 |
TEXAS INSTRUMENTS INC | TXN | 882508104 | COMMON STOCK | 17,875.0000 | 3,197,658.75 | .60 |
TRUIST FINANCIAL CORP | TFC | 89832Q109 | COMMON STOCK | 89,785.0000 | 4,531,448.95 | .84 |
US BANCORP | USB | 902973304 | COMMON STOCK | 70,023.0000 | 3,305,085.60 | .62 |
UNITED PARCEL SERVICE-CL B | UPS | 911312106 | COMMON STOCK | 13,150.0000 | 2,562,803.50 | .48 |
URBAN EDGE PROPERTIES | UE | 91704F104 | REIT - Real Estate Invesment Trust | 40,025.0000 | 657,610.75 | .12 |
VERIZON COMMUNICATIONS INC | VZ | 92343V104 | COMMON STOCK | 198,601.0000 | 9,173,380.19 | 1.71 |
VIATRIS INC | VTRS | 92556V106 | COMMON STOCK | 132,975.0000 | 1,288,527.75 | .24 |
VICI PROPERTIES INC | VICI | 925652109 | REIT - Real Estate Invesment Trust | 21,358.0000 | 730,230.02 | .14 |
VIRTU FINANCIAL INC-CLASS A | VIRT | 928254101 | COMMON STOCK | 70,550.0000 | 1,645,931.50 | .31 |
WEC ENERGY GROUP INC | 92939U106 | COMMON STOCK | 15,425.0000 | 1,601,269.25 | .30 | |
WALMART INC | WMT | 931142103 | COMMON STOCK | 24,380.0000 | 3,219,379.00 | .60 |
WALGREENS BOOTS ALLIANCE INC | WBA | 931427108 | COMMON STOCK | 109,085.0000 | 4,321,947.70 | .81 |
WATSCO INC | WSO | 942622200 | COMMON STOCK | 7,700.0000 | 2,109,415.00 | .39 |
WELLS FARGO & CO | WFC | 949746101 | COMMON STOCK | 78,155.0000 | 3,428,659.85 | .64 |
WILLIAMS COS INC | WMB | 969457100 | COMMON STOCK | 47,075.0000 | 1,604,786.75 | .30 |
P/O DARDEN RESTAUR AUG 90.000 | DRI220819P00090000 | 82I99CFT6 | OPTIONS | -60.0000 | -1,200.00 | -.00 |
GOLDMAN SACHS INT 16% 09/27/22 | 34NS5W | SHORT TERMS | 17,000.0000 | 593,225.97 | .11 |
As of 07/29/2022.
Distributions
Fund Name | Fund Cusip | Distribution Type | Amount per Share | Ex Date | Reinvest Date | Reinvest Price | |||
---|---|---|---|---|---|---|---|---|---|
Destinations Equity Income Fund | 10964R400 | Dividend | 0.103955 | 6/29/2022 | 6/29/2022 | $11.22 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.029050 | 3/30/2022 | 3/30/2022 | $12.39 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.123456 | 12/29/2021 | 12/29/2021 | $11.92 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.090652 | 9/29/2021 | 9/29/2021 | $11.26 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.093213 | 6/29/2021 | 6/29/2021 | $11.35 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.035286 | 3/30/2021 | 3/30/2021 | $10.95 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.092330 | 12/29/2020 | 12/29/2020 | $9.97 | |||
Destinations Equity Income Fund | 10964R400 | Short-Term Capital Gains | 0.062669 | 12/16/2020 | 12/16/2020 | $10.13 | |||
Destinations Equity Income Fund | 10964R400 | Long-Term Capital Gains | 0.077065 | 12/16/2020 | 12/16/2020 | $10.13 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.086128 | 9/29/2020 | 9/29/2020 | $9.14 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.091795 | 6/29/2020 | 6/29/2020 | $9.00 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.034898 | 3/30/2020 | 3/30/2020 | $8.31 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.129728 | 12/27/2019 | 12/27/2019 | $10.99 | |||
Destinations Equity Income Fund | 10964R400 | Short-Term Capital Gains | 0.043794 | 12/16/2019 | 12/16/2019 | $11.04 | |||
Destinations Equity Income Fund | 10964R400 | Long-Term Capital Gains | 0.045302 | 12/16/2019 | 12/16/2019 | $11.04 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.066392 | 9/26/2019 | 9/26/2019 | $10.50 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.089535 | 6/27/2019 | 6/27/2019 | $10.35 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.037394 | 3/28/2019 | 3/28/2019 | $10.27 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.080288 | 12/27/2018 | 12/27/2018 | $9.28 | |||
Destinations Equity Income Fund | 10964R400 | Short-Term Capital Gains | 0.182344 | 12/17/2018 | 12/17/2018 | $9.65 | |||
Destinations Equity Income Fund | 10964R400 | Long-Term Capital Gains | 0.182525 | 12/17/2018 | 12/17/2018 | $9.65 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.075074 | 9/27/2018 | 9/27/2018 | $10.50 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.099103 | 6/28/2018 | 6/28/2018 | $10.13 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.040482 | 3/28/2018 | 3/28/2018 | $9.95 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.073313 | 12/28/2017 | 12/28/2017 | $10.58 | |||
Destinations Equity Income Fund | 10964R400 | Short-Term Capital Gains | 0.035778 | 12/15/2017 | 12/15/2017 | $10.60 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.080647 | 9/28/2017 | 9/28/2017 | $10.22 | |||
Destinations Equity Income Fund | 10964R400 | Dividend | 0.105492 | 6/29/2017 | 6/29/2017 | $10.00 |
Fees and expenses
Type | Amount |
---|---|
Management Fees | 0.80% |
Distribution and Service (12b-1) Fees | None |
Other Expenses | 0.24% |
AFFE | None |
Total Annual Fund Operating Expenses | 1.04% |
Fee waivers and expense reimbursements | (0.12%) |
Total Annual Fund Operating Expenses Less Fee Waivers and Expense Reimbursements | 0.92%* |
*The Fund’s adviser, Brinker Capital Investments, LLC (“Brinker Capital” or the “Adviser”), has contractually agreed to waive a portion of its management fee as necessary to keep the Fund’s management fee from exceeding 0.39% more than the total amount of sub-advisory fees paid by the Adviser. This fee waiver and reimbursement agreement shall remain in effect until June 30, 2023 and may be amended or terminated only with the consent of the Board of Trustees.
Overview
The Destinations Equity Income Fund seeks to provide a high level of current income with long-term capital appreciation, investing primarily in dividend-paying equity securities.
Employing a multi-manager approach, the Fund currently allocates assets among the following sub-advisers:
- Federated Equity Management Company of Pennsylvania is the sub-adviser of Federated Strategic Value Dividend which employs a bottom-up, fundamental approach with an emphasis on high-yielding, dividend growing stocks.
- Nuveen Asset Management, LLC is the sub-adviser of Nuveen Global Equity Income which seeks to provide high current income and long-term capital appreciation by investing in global equity and income-producing securities.
- Neuberger Berman Investment Advisors, LLC is the sub-adviser of Neuberger Berman Equity Income which employs an income-oriented approach that seeks to generate a current yield greater than the current yield of the S&P 500 Index with lower volatility.
Z Share Fund performance as of 6/30/2022 | ||||||||||||||
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Annualized | ||||||||||||||
MTD | QTD | YTD | 1 Year | 3 Years | 5 Years | Since Inception | ||||||||
Destinations Equity Income Fund |
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FTSE All-World High Dividend Yield Index |
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Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by calling 1-877-771-7979.
*The Fund’s adviser, Brinker Capital Investments, LLC (“Brinker Capital” or the “Adviser”), has contractually agreed to waive a portion of its management fee as necessary to keep the Fund’s management fee from exceeding 0.39% more than the total amount of sub-advisory fees paid by the Adviser. This fee waiver and reimbursement agreement shall remain in effect until June 30, 2023 and may be amended or terminated only with the consent of the Board of Trustees.
FTSE All-World High Dividend Yield Index: A subset of the FTSE All-World Index that is comprised of companies with higher-than-average dividend yields, excluding real estate investment trusts.
An investment in the Destinations Equity Income Fund is subject to risk, including the possible loss of principal amount invested.
Derivatives, such as futures, involve risks different from, or possibly greater than, risks associated with investing directly in securities and other traditional investments. Specific risk issues include tax issues, increased potential for losses and/or costs to the Fund, and a potential reduction in gains to the Fund.
Foreign securities subject the Fund to the risks associated with investing in the particular country of an issuer, including the political, regulatory, economic, social, diplomatic and other conditions or events, as well as risks associated with less developed custody and settlement practices. Foreign securities may be more volatile and less liquid than securities of U.S. companies. Risks of foreign investment tend to be greater in emerging markets, which tend to be more likely to experience political turmoil or rapid change to market or economic conditions.
Mid-capitalization companies may be newer or less established than large-capitalization companies, and may have limited resources, products and markets, can be more volatile and may be less liquid.
Stocks of smaller companies may be subject to more abrupt or erratic market movements than stocks of larger, more established companies and typically are traded in lower volume, are less liquid.
Real estate investment trusts (REITs) are trusts that invest primarily in commercial real estate or real estate-related loans. Risks commonly associated with the direct ownership of real estate include fluctuations in the value of underlying properties, defaults by borrowers or tenants, changes in interest rates and risks related to general or local economic conditions.
Liquidity risk refers to the possibility that securities cannot be readily sold within seven days at approximately the price at which the Fund has valued them.
With securities lending risk, the Fund may lose money from securities lending if, for example, it is delayed in or prevented from selling the collateral after the loan is made or recovering the securities loaned or if it incurs losses on the reinvestment of cash collateral.
- Ticker: DGEZX
- CUSIP: 10964R830
- Benchmark: FTSE All-World High Dividend Yield Index
- Inception date: 07/16/2018
- Gross expense ratio: 0.89%
- Net expense ratio: 0.77%*
Daily NAV | Date: | 08/18/2022 |
NAV: $11.39 NAV change: $0.02 Total assets ($m): $44.7
Management team
- Amy L. Magnotta Head of Discretionary Portfolios
Amy L. Magnotta, CFA, is Head of Discretionary Portfolios at Brinker Capital with portfolio management responsibilities for the Destinations program. Ms. Magnotta joined Brinker Capital in 2006 as a senior analyst and has been portfolio manager for the Destinations program since 2007. Prior to joining Brinker Capital, Ms. Magnotta was an associate at Franklin Park Associates from 2004 to 2006 and an associate at BlackRock from 2001 to 2004. Ms. Magnotta has a B.S. in Finance from Lehigh University.
- Leigh A. Lowman Senior Portfolio Manager
Leigh A. Lowman, CFA is Senior Portfolio Manager at Brinker Capital with portfolio management responsibilities for the Destinations program. Prior to joining Brinker Capital in 2015, Ms. Lowman was an outreach analyst for The Investment Fund for Foundations (TIFF) and a senior associate for Mondrian Investment Partners. Ms. Lowman was previously at Brinker Capital from 2004 to 2010 as an investment associate and operations analyst. Ms. Lowman has a B.A. in Economics from Wittenberg University.
Performance
Z Share Fund performance as of 6/30/2022 | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Annualized | ||||||||||||||||||||
MTD | QTD | YTD | 1 Year | 3 Years | 5 Years | Since Inception | Inception Date | Gross expense ratio | Net expense ratio* | |||||||||||
Destinations Equity Income Fund |
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|
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| ||||||||||
FTSE All-World High Dividend Yield Index |
|
|
|
|
|
|
|
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by calling 1-877-771-7979.
*The Fund’s adviser, Brinker Capital Investments, LLC (“Brinker Capital” or the “Adviser”), has contractually agreed to waive a portion of its management fee as necessary to keep the Fund’s management fee from exceeding 0.39% more than the total amount of sub-advisory fees paid by the Adviser. This fee waiver and reimbursement agreement shall remain in effect until June 30, 2023 and may be amended or terminated only with the consent of the Board of Trustees.
FTSE All-World High Dividend Yield Index: A subset of the FTSE All-World Index that is comprised of companies with higher-than-average dividend yields, excluding real estate investment trusts.
Holdings
Security Description | Ticker Symbol | Security ID | Security Type Description | Quantity | Base Market Value | Percent TNA |
---|---|---|---|---|---|---|
BRAZIL REAL | CASHBRL | CURRENCY | .0100 | .00 | .00 | |
CANADIAN DOLLAR | CASHCAD | CURRENCY | 26,580.1500 | 20,755.20 | .00 | |
EURO | CASHEUR | CURRENCY | -52.4200 | -53.56 | -.00 | |
SWISS FRANC | CASHCHF | CURRENCY | -5.0200 | -5.27 | -.00 | |
NEW TAIWAN DOLLAR | CASHTWD | CURRENCY | 1,184,017.2000 | 39,431.75 | .01 | |
BRITISH POUNDS | CASHGBP | CURRENCY | .9200 | 1.12 | .00 | |
US DOLLARS | CASHUSD | CURRENCY | 17,983,641.8900 | 17,983,641.89 | 3.35 | |
BHP GROUP LTD /AUD/ | 6144690 | COMMON STOCK | 117,230.0000 | 3,223,828.03 | .60 | |
EVEREST RE GROUP LTD | RE | G3223R108 | COMMON STOCK | 10,501.0000 | 2,744,436.35 | .51 |
CAN IMPERIAL BK OF COMME /CAD/ | BCM | 136069101 | COMMON STOCK | 42,175.0000 | 2,133,367.04 | .40 |
ENBRIDGE INC /CAD/ | ENB | 2466149 | COMMON STOCK | 180,600.0000 | 8,110,183.11 | 1.51 |
TC ENERGY CORP /CAD/ | 87807B107 | COMMON STOCK | 84,501.0000 | 4,504,652.54 | .84 | |
BCE INC /CAD/ | B188TH2 | COMMON STOCK | 141,250.0000 | 7,136,122.28 | 1.33 | |
NUTRIEN LTD /CAD/ | BDRJLN0 | COMMON STOCK | 30,860.0000 | 2,641,528.29 | .49 | |
NUTRIEN LTD | NTR | 67077M108 | COMMON STOCK | 44,100.0000 | 3,777,606.00 | .70 |
TELUS CORP | TU | 87971M103 | COMMON STOCK | 54,800.0000 | 1,260,400.00 | .23 |
NORDEA BANK ABP /EUR/ | BFM0SV9 | COMMON STOCK | 480,478.0000 | 4,730,844.34 | .88 | |
CAPGEMINI SE /EUR/ | 4163437 | COMMON STOCK | 10,114.0000 | 1,929,592.90 | .36 | |
SANOFI /EUR/ | 5671735 | COMMON STOCK | 13,605.0000 | 1,353,404.54 | .25 | |
TOTALENERGIES SE /EUR/ | B15C557 | COMMON STOCK | 164,280.0000 | 8,377,970.12 | 1.56 | |
DEUTSCHE POST AG-REG /EUR/ | 4617859 | COMMON STOCK | 78,098.0000 | 3,107,360.55 | .58 | |
FRESENIUS MEDICAL CARE AG & CO /EUR/ | 5129074 | COMMON STOCK | 36,952.0000 | 1,365,090.54 | .25 | |
ALLIANZ SE REGISTERED /EUR/ | ALV | 5231485 | COMMON STOCK | 21,200.0000 | 3,843,688.42 | .72 |
MUENCHENER RUECKVER AG-R /EUR/ | MUV2 | 5294121 | COMMON STOCK | 8,675.0000 | 1,961,241.37 | .37 |
SIEMENS AG-REG /EUR/ | SIE | 5727973 | COMMON STOCK | 26,003.0000 | 2,886,439.56 | .54 |
DEUTSCHE BOERSE AG /EUR/ | DB1 | 7021963 | COMMON STOCK | 19,467.0000 | 3,392,480.76 | .63 |
MEDTRONIC PLC | MDT | BTN1Y11 | COMMON STOCK | 36,534.0000 | 3,380,125.68 | .63 |
EATON CORP PLC | ETN | G29183103 | COMMON STOCK | 30,081.0000 | 4,463,719.59 | .83 |
ENEL SPA /EUR/ | 7144569 | COMMON STOCK | 374,262.0000 | 1,890,668.64 | .35 | |
KAO CORP /JPY/ | 6483809 | COMMON STOCK | 59,710.0000 | 2,603,387.99 | .49 | |
MITSUI & CO LTD /JPY/ | 6597302 | COMMON STOCK | 101,570.0000 | 2,231,773.83 | .42 | |
NINTENDO CO LTD /JPY/ | 6639550 | COMMON STOCK | 6,145.0000 | 2,763,153.98 | .52 | |
AMCOR PLC | AMCR | BJ1F307 | COMMON STOCK | 275,600.0000 | 3,569,020.00 | .67 |
AIRBUS SE /EUR/ | 4012250 | COMMON STOCK | 26,679.0000 | 2,884,303.32 | .54 | |
NN GROUP NV /EUR/ | BNG8PQ9 | COMMON STOCK | 47,901.0000 | 2,245,009.99 | .42 | |
OVERSEA-CHINESE BANKING /SGD/ | B0F9V20 | COMMON STOCK | 269,611.0000 | 2,282,152.56 | .43 | |
SK TELECOM /KRW/ | 6224871 | COMMON STOCK | 53,984.0000 | 2,224,153.93 | .41 | |
SAMSUNG ELECTRONICS PRF /KRW/ | 005935 | 6773812 | COMMON STOCK | 45,877.0000 | 2,014,230.10 | .38 |
FERROVIAL SA /EUR/ | B038516 | COMMON STOCK | 56,100.0000 | 1,501,972.31 | .28 | |
ZURICH INSURANCE GROUP AG /CHF/ | 5983816 | COMMON STOCK | 7,248.0000 | 3,163,006.51 | .59 | |
CHUBB LTD | CB | H1467J104 | COMMON STOCK | 11,956.0000 | 2,255,379.84 | .42 |
MEDIATEK INC /TWD/ | 6372480 | COMMON STOCK | 74,000.0000 | 1,696,778.44 | .32 | |
BRITISH AMERICAN TOBACCO /GBP/ | 0287580 | COMMON STOCK | 207,795.0000 | 8,165,147.89 | 1.52 | |
ASTRAZENECA PLC /GBP/ | AZN | 0989529 | COMMON STOCK | 36,616.0000 | 4,812,183.99 | .90 |
UNILEVER PLC /GBP/ | B10RZP7 | COMMON STOCK | 82,975.0000 | 4,040,818.76 | .75 | |
NATIONAL GRID PLC /GBP/ | BDR05C0 | COMMON STOCK | 466,847.0000 | 6,443,246.89 | 1.20 | |
VODAFONE GROUP PLC /GBP/ | BH4HKS3 | COMMON STOCK | 4,803,843.0000 | 7,085,865.88 | 1.32 | |
SHELL PLC-NEW /GBP/ | BP6MXD8 | COMMON STOCK | 104,056.0000 | 2,779,780.11 | .52 | |
ASTRAZENECA PLC-SPONS ADR | AZN | 046353108 | COMMON STOCK | 67,050.0000 | 4,440,721.50 | .83 |
RIO TINTO PLC-SPON ADR | RIO | 767204100 | COMMON STOCK | 53,475.0000 | 3,263,579.25 | .61 |
AGCO CORP | AGCO | 001084102 | COMMON STOCK | 17,610.0000 | 1,918,081.20 | .36 |
AT&T INC | T | 00206R102 | COMMON STOCK | 322,534.0000 | 6,057,188.52 | 1.13 |
ABBVIE INC | ABBV | 00287Y109 | COMMON STOCK | 88,391.0000 | 12,684,992.41 | 2.37 |
ALEXANDRIA REAL ESTATE EQUIT | ARE | 015271109 | REIT - Real Estate Invesment Trust | 5,075.0000 | 841,333.50 | .16 |
AMEREN CORPORATION | AEE | 023608102 | COMMON STOCK | 29,750.0000 | 2,770,320.00 | .52 |
AMERICAN CAMPUS COMMUNITIES | ACC | 024835100 | REIT - Real Estate Invesment Trust | 31,750.0000 | 2,073,910.00 | .39 |
AMERICAN ELECTRIC POWER | AEP | 025537101 | COMMON STOCK | 26,455.0000 | 2,607,404.80 | .49 |
AMGEN INC | AMGN | 031162100 | COMMON STOCK | 21,490.0000 | 5,318,130.30 | .99 |
ELEVANCE HEALTH INC | ELV | 036752103 | COMMON STOCK | 8,898.0000 | 4,245,235.80 | .79 |
BEST BUY CO INC | BBY | 086516101 | COMMON STOCK | 8,525.0000 | 656,339.75 | .12 |
BOSTON PROPERTIES INC | BXP | 101121101 | REIT - Real Estate Invesment Trust | 19,017.0000 | 1,733,589.72 | .32 |
BRISTOL-MYERS SQUIBB CO | BMY | 110122108 | COMMON STOCK | 119,621.0000 | 8,825,637.38 | 1.65 |
BRIXMOR PROPERTY GROUP INC | BRX | 11120U105 | REIT - Real Estate Invesment Trust | 117,325.0000 | 2,719,593.50 | .51 |
BROADCOM INC | AVGO | 11135F101 | COMMON STOCK | 3,013.0000 | 1,613,401.24 | .30 |
BROADCOM INC SER A PREFERRED | AVGOP | 11135F200 | PREFERRED STOCK | 1,377.0000 | 2,310,330.60 | .43 |
CME GROUP INC | CME | 12572Q105 | COMMON STOCK | 19,650.0000 | 3,919,782.00 | .73 |
CVS HEALTH CORPORATION_ | CVS | 126650100 | COMMON STOCK | 42,175.0000 | 4,035,304.00 | .75 |
CAMDEN PROPERTY TRUST | CPT | 133131102 | REIT - Real Estate Invesment Trust | 7,400.0000 | 1,044,140.00 | .19 |
CARDINAL HEALTH INC | CAH | 14149Y108 | COMMON STOCK | 57,925.0000 | 3,450,013.00 | .64 |
CATERPILLAR INC | CAT | 149123101 | COMMON STOCK | 7,275.0000 | 1,442,268.75 | .27 |
CENTERPOINT ENERGY INC | CNP | 15189T107 | COMMON STOCK | 133,575.0000 | 4,232,991.75 | .79 |
CHANGE HEALTHCARE INC | CHNG | 15912K100 | COMMON STOCK | 69,050.0000 | 1,675,843.50 | .31 |
CHESAPEAKE ENERGY CORP | CHK | 165167735 | COMMON STOCK | 38,050.0000 | 3,583,168.50 | .67 |
CHEVRON CORP | CVX | 166764100 | COMMON STOCK | 53,436.0000 | 8,751,748.08 | 1.63 |
CISCO SYSTEMS INC | CSCO | 17275R102 | COMMON STOCK | 124,504.0000 | 5,648,746.48 | 1.05 |
CITIZENS FINANCIAL GROUP | CFG | 174610105 | COMMON STOCK | 38,825.0000 | 1,474,185.25 | .27 |
CLOROX COMPANY | CLX | 189054109 | COMMON STOCK | 26,150.0000 | 3,709,116.00 | .69 |
COCA-COLA CO/THE | KO | 191216100 | COMMON STOCK | 67,522.0000 | 4,332,886.74 | .81 |
COGENT COMMUNICATIONS HOLDIN | CCOI | 19239V302 | COMMON STOCK | 7,725.0000 | 492,932.25 | .09 |
COMCAST CORP-CLASS A | CMCSA | 20030N101 | COMMON STOCK | 50,975.0000 | 1,912,582.00 | .36 |
CONAGRA BRANDS INC | CAG | 205887102 | COMMON STOCK | 116,780.0000 | 3,995,043.80 | .74 |
CONOCOPHILLIPS | COP | 20825C104 | COMMON STOCK | 42,150.0000 | 4,106,674.50 | .77 |
CORNING INC | GLW | 219350105 | COMMON STOCK | 30,525.0000 | 1,122,099.00 | .21 |
CROWN CASTLE INTL CORP | CCI | 22822V101 | REIT - Real Estate Invesment Trust | 8,250.0000 | 1,490,445.00 | .28 |
DARDEN RESTAURANTS INC | DRI | 237194105 | COMMON STOCK | 18,750.0000 | 2,334,187.50 | .44 |
DOMINION ENERGY INC | D | 25746U109 | COMMON STOCK | 145,773.0000 | 11,950,470.54 | 2.23 |
DUKE REALTY CORP | DRE | 264411505 | REIT - Real Estate Invesment Trust | 7,100.0000 | 444,176.00 | .08 |
DUKE ENERGY CORP | DUK | 26441C204 | COMMON STOCK | 58,830.0000 | 6,467,181.90 | 1.21 |
DUPONT DE NEMOURS INC | DD | 26614N102 | COMMON STOCK | 48,203.0000 | 2,951,469.69 | .55 |
EMERSON ELECTRIC CO | EMR | 291011104 | COMMON STOCK | 29,557.0000 | 2,662,198.99 | .50 |
ENTERPRISE PRODUCTS PARTNERS | EPD | 293792107 | POOLED INVESTMENTS | 179,919.0000 | 4,809,234.87 | .90 |
EQUITY RESIDENTIAL | EQR | 29476L107 | REIT - Real Estate Invesment Trust | 7,925.0000 | 621,240.75 | .12 |
EXXON MOBIL CORP | XOM | 30231G102 | COMMON STOCK | 52,845.0000 | 5,122,265.85 | .96 |
FIFTH THIRD BANCORP | FITB | 316773100 | COMMON STOCK | 62,727.0000 | 2,140,245.24 | .40 |
GENERAL DYNAMICS CORP | GD | 369550108 | COMMON STOCK | 12,024.0000 | 2,725,480.08 | .51 |
GENERAL MILLS INC | GIS | 370334104 | COMMON STOCK | 30,365.0000 | 2,270,998.35 | .42 |
GENERAL MOTORS CO | GM | 37045V100 | COMMON STOCK | 49,053.0000 | 1,778,661.78 | .33 |
GILEAD SCIENCES INC | GILD | 375558103 | COMMON STOCK | 140,650.0000 | 8,403,837.50 | 1.57 |
HASBRO INC | HAS | 418056107 | COMMON STOCK | 17,500.0000 | 1,377,600.00 | .26 |
HOME DEPOT INC | HD | 437076102 | COMMON STOCK | 6,750.0000 | 2,031,345.00 | .38 |
HUMANA INC | HUM | 444859102 | COMMON STOCK | 6,925.0000 | 3,337,850.00 | .62 |
HUNTINGTON BANCSHARES INC | HBAN | 446150104 | COMMON STOCK | 410,965.0000 | 5,461,724.85 | 1.02 |
ISHARES CORE HIGH DIVIDEND E | HDV | 46429B663 | POOLED INVESTMENTS | 51,729.0000 | 5,373,608.52 | 1.00 |
JPMORGAN CHASE & CO | JPM | 46625H100 | COMMON STOCK | 39,767.0000 | 4,587,521.12 | .86 |
JPMORGAN EQUITY PREMIUM INCO | JEPI | 46641Q332 | POOLED INVESTMENTS | 254,290.0000 | 14,603,874.70 | 2.72 |
JOHNSON & JOHNSON | JNJ | 478160104 | COMMON STOCK | 31,870.0000 | 5,561,952.40 | 1.04 |
KELLOGG CO | K | 487836108 | COMMON STOCK | 40,625.0000 | 3,003,000.00 | .56 |
KEYCORP | KEY | 493267108 | COMMON STOCK | 199,925.0000 | 3,658,627.50 | .68 |
KIMBERLY-CLARK CORP | KMB | 494368103 | COMMON STOCK | 29,400.0000 | 3,874,626.00 | .72 |
LAS VEGAS SANDS CORP | LVS | 517834107 | COMMON STOCK | 58,073.0000 | 2,188,771.37 | .41 |
LEGGETT & PLATT INC | LEG | 524660107 | COMMON STOCK | 15,950.0000 | 632,258.00 | .12 |
MCDONALDS CORP | MCD | 580135101 | COMMON STOCK | 7,375.0000 | 1,942,353.75 | .36 |
MERCK & CO. INC. | MRK | 58933Y105 | COMMON STOCK | 106,260.0000 | 9,493,268.40 | 1.77 |
MICROSOFT CORP | MSFT | 594918104 | COMMON STOCK | 9,995.0000 | 2,805,996.30 | .52 |
MORGAN STANLEY | MS | 617446448 | COMMON STOCK | 8,400.0000 | 708,120.00 | .13 |
NATIONAL RETAIL PROPERTIES | NNN | 637417106 | REIT - Real Estate Invesment Trust | 55,187.0000 | 2,627,453.07 | .49 |
NEWMONT CORP | NEM | 651639106 | COMMON STOCK | 43,925.0000 | 1,988,924.00 | .37 |
NEXTERA ENERGY INC | NEE | 65339F101 | COMMON STOCK | 35,375.0000 | 2,988,833.75 | .56 |
NEXTERA ENERGY PARTNERS LP | NEP | 65341B106 | COMMON STOCK | 18,250.0000 | 1,510,005.00 | .28 |
NORTHERN TRUST CORP | NTRS | 665859104 | COMMON STOCK | 20,750.0000 | 2,070,435.00 | .39 |
OMEGA HEALTHCARE INVESTORS | OHI | 681936100 | REIT - Real Estate Invesment Trust | 98,070.0000 | 3,040,170.00 | .57 |
ORACLE CORP | ORCL | 68389X105 | COMMON STOCK | 33,216.0000 | 2,585,533.44 | .48 |
PNC FINANCIAL SERVICES GROUP | PNC | 693475105 | COMMON STOCK | 50,300.0000 | 8,346,782.00 | 1.56 |
PPL CORP | PPL | 69351T106 | COMMON STOCK | 141,125.0000 | 4,103,915.00 | .77 |
PAYCHEX INC | PAYX | 704326107 | COMMON STOCK | 23,200.0000 | 2,976,096.00 | .55 |
PEPSICO INC | PEP | 713448108 | COMMON STOCK | 13,850.0000 | 2,423,196.00 | .45 |
PFIZER INC | PFE | 717081103 | COMMON STOCK | 82,690.0000 | 4,176,671.90 | .78 |
PHILIP MORRIS INTERNATIONAL | PM | 718172109 | COMMON STOCK | 93,571.0000 | 9,090,422.65 | 1.69 |
PIONEER NATURAL RESOURCES CO | PXD | 723787107 | COMMON STOCK | 12,000.0000 | 2,843,400.00 | .53 |
PROCTER & GAMBLE CO/THE | PG | 742718109 | COMMON STOCK | 9,975.0000 | 1,385,627.25 | .26 |
PROLOGIS INC | PLD | 74340W103 | REIT - Real Estate Invesment Trust | 10,900.0000 | 1,444,904.00 | .27 |
PUBLIC SERVICE ENTERPRISE GP | PEG | 744573106 | COMMON STOCK | 66,382.0000 | 4,359,305.94 | .81 |
PULTE GROUP INC | PHM | 745867101 | COMMON STOCK | 39,831.0000 | 1,737,428.22 | .32 |
QUALCOMM INC | QCOM | 747525103 | COMMON STOCK | 19,225.0000 | 2,788,778.50 | .52 |
RAYTHEON TECHNOLOGIES CORP | RTX | 75513E101 | COMMON STOCK | 38,025.0000 | 3,544,310.25 | .66 |
SEMPRA | SRE | 816851109 | COMMON STOCK | 11,050.0000 | 1,832,090.00 | .34 |
SOUTHERN CO/THE | SO | 842587107 | COMMON STOCK | 88,110.0000 | 6,774,777.90 | 1.26 |
SOUTHERN COPPER CORP | SCCO | 84265V105 | COMMON STOCK | 33,975.0000 | 1,691,955.00 | .32 |
STORE CAPITAL CORP | STOR | 862121100 | REIT - Real Estate Invesment Trust | 97,175.0000 | 2,820,018.50 | .53 |
TERRENO REALTY CORP | TRNO | 88146M101 | REIT - Real Estate Invesment Trust | 13,950.0000 | 873,967.50 | .16 |
TEXAS INSTRUMENTS INC | TXN | 882508104 | COMMON STOCK | 17,875.0000 | 3,197,658.75 | .60 |
TRUIST FINANCIAL CORP | TFC | 89832Q109 | COMMON STOCK | 89,785.0000 | 4,531,448.95 | .84 |
US BANCORP | USB | 902973304 | COMMON STOCK | 70,023.0000 | 3,305,085.60 | .62 |
UNITED PARCEL SERVICE-CL B | UPS | 911312106 | COMMON STOCK | 13,150.0000 | 2,562,803.50 | .48 |
URBAN EDGE PROPERTIES | UE | 91704F104 | REIT - Real Estate Invesment Trust | 40,025.0000 | 657,610.75 | .12 |
VERIZON COMMUNICATIONS INC | VZ | 92343V104 | COMMON STOCK | 198,601.0000 | 9,173,380.19 | 1.71 |
VIATRIS INC | VTRS | 92556V106 | COMMON STOCK | 132,975.0000 | 1,288,527.75 | .24 |
VICI PROPERTIES INC | VICI | 925652109 | REIT - Real Estate Invesment Trust | 21,358.0000 | 730,230.02 | .14 |
VIRTU FINANCIAL INC-CLASS A | VIRT | 928254101 | COMMON STOCK | 70,550.0000 | 1,645,931.50 | .31 |
WEC ENERGY GROUP INC | 92939U106 | COMMON STOCK | 15,425.0000 | 1,601,269.25 | .30 | |
WALMART INC | WMT | 931142103 | COMMON STOCK | 24,380.0000 | 3,219,379.00 | .60 |
WALGREENS BOOTS ALLIANCE INC | WBA | 931427108 | COMMON STOCK | 109,085.0000 | 4,321,947.70 | .81 |
WATSCO INC | WSO | 942622200 | COMMON STOCK | 7,700.0000 | 2,109,415.00 | .39 |
WELLS FARGO & CO | WFC | 949746101 | COMMON STOCK | 78,155.0000 | 3,428,659.85 | .64 |
WILLIAMS COS INC | WMB | 969457100 | COMMON STOCK | 47,075.0000 | 1,604,786.75 | .30 |
P/O DARDEN RESTAUR AUG 90.000 | DRI220819P00090000 | 82I99CFT6 | OPTIONS | -60.0000 | -1,200.00 | -.00 |
GOLDMAN SACHS INT 16% 09/27/22 | 34NS5W | SHORT TERMS | 17,000.0000 | 593,225.97 | .11 |
As of 07/29/2022.
Distributions
Fund Name | Fund Cusip | Distribution Type | Amount per Share | Ex Date | Reinvest Date | Reinvest Price | |||
---|---|---|---|---|---|---|---|---|---|
Destinations Equity Income Fund | 10964R830 | Dividend | 0.108098 | 6/29/2022 | 6/29/2022 | $10.85 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.030582 | 3/30/2022 | 3/30/2022 | $11.99 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.132061 | 12/29/2021 | 12/29/2021 | $11.53 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.094990 | 9/29/2021 | 9/29/2021 | $10.90 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.097554 | 6/29/2021 | 6/29/2021 | $10.99 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.036659 | 3/30/2021 | 3/30/2021 | $10.60 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.096013 | 12/29/2020 | 12/29/2020 | $9.65 | |||
Destinations Equity Income Fund | 10964R830 | Short-Term Capital Gains | 0.062669 | 12/16/2020 | 12/16/2020 | $9.81 | |||
Destinations Equity Income Fund | 10964R830 | Long-Term Capital Gains | 0.077065 | 12/16/2020 | 12/16/2020 | $9.81 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.089740 | 9/29/2020 | 9/29/2020 | $8.86 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.095259 | 6/29/2020 | 6/29/2020 | $8.72 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.036017 | 3/30/2020 | 3/30/2020 | $8.06 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.133672 | 12/27/2019 | 12/27/2019 | $10.65 | |||
Destinations Equity Income Fund | 10964R830 | Short-Term Capital Gains | 0.043794 | 12/16/2019 | 12/16/2019 | $10.71 | |||
Destinations Equity Income Fund | 10964R830 | Long-Term Capital Gains | 0.045302 | 12/16/2019 | 12/16/2019 | $10.71 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.069737 | 9/26/2019 | 9/26/2019 | $10.18 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.093391 | 6/27/2019 | 6/27/2019 | $10.04 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.038702 | 3/28/2019 | 3/28/2019 | $9.96 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.083434 | 12/27/2018 | 12/27/2018 | $9.00 | |||
Destinations Equity Income Fund | 10964R830 | Short-Term Capital Gains | 0.182344 | 12/17/2018 | 12/17/2018 | $9.36 | |||
Destinations Equity Income Fund | 10964R830 | Long-Term Capital Gains | 0.182525 | 12/17/2018 | 12/17/2018 | $9.36 | |||
Destinations Equity Income Fund | 10964R830 | Dividend | 0.078994 | 9/27/2018 | 9/27/2018 | $10.20 |
Fees and expenses
Type | Amount |
---|---|
Management Fees | 0.80% |
Distribution and Service (12b-1) Fees | None |
Other Expenses | 0.09% |
AFFE | None |
Total Annual Fund Operating Expenses | 0.89% |
Fee waivers and expense reimbursements | (0.12%) |
Total Annual Fund Operating Expenses Less Fee Waivers and Expense Reimbursements | 0.77%* |
*The Fund’s adviser, Brinker Capital Investments, LLC (“Brinker Capital” or the “Adviser”), has contractually agreed to waive a portion of its management fee as necessary to keep the Fund’s management fee from exceeding 0.39% more than the total amount of sub-advisory fees paid by the Adviser. This fee waiver and reimbursement agreement shall remain in effect until June 30, 2023 and may be amended or terminated only with the consent of the Board of Trustees.

1-877-771-7979
Monday – Friday 8:30 am – 5:00 pm EST
Brinker Capital Destinations Funds
P.O. Box 2175
Milwaukee, WI 53201
Brinker Capital Destinations Funds
235 W. Galena Street
Milwaukee, WI 53212
Brinker Capital Investments LLC
1055 Westlakes Drive, Suite 250
Berwyn, PA 19312
www.brinkercapital.com
Foreside Fund Services, LLC
Three Canal Plaza, Suite 100
Portland, ME 04101
www.foreside.com
marketingmembers@brinkercapital.com
Mutual fund investing involves risk. The value of your investment in a Fund could go down. Multi-investment management styles may lead to overlapping securities transactions and higher transaction expenses compared to single investment management styles. Outcomes depend on the skill of the sub-advisers and adviser and the allocation of assets amongst them, as well as market fluctuations and industry/economic trends etc.
Before investing you should consider the Destinations Funds’ investment objectives, risks, charges and expenses carefully. The prospectus contains this and other information about the Funds. You may obtain a copy of the prospectus by calling 1-877-771-7979. The prospectus should be read carefully before investing.
Any tax or legal information provided is not an exhaustive interpretation of some of the current income tax regulations. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Funds nor any of their representatives may give legal or tax advice.
The Destinations Funds are distributed by Foreside Fund Services, LLC.