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 12/31/2022

Annualized

MTD

QTD

YTD

1 Year

3 Years

5 Years

Since
Inception

Destinations Equity Income Fund

-2.59

13.45

-1.09

5.08

5.96

6.68

FTSE All-World High Dividend Yield Index

-1.62

15.35

-5.72

3.46

3.49

5.10

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.

Fund facts

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:

03/29/2023

NAV:
$11.13
NAV change:
$0.12
Total assets ($m):
$637.9

Quick links

Management team

Brian Storey CFA, Head of Discretionary Portfolios, Brinker Capital Investments
Brian Storey is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he has portfolio management responsibilities for Brinker Capital’s Destinations program. Brian is involved in all aspects of the investment process for these multi-asset class portfolio solutions, including asset allocation, portfolio construction, manager research, and due diligence.
Prior to joining Brinker Capital, Brian was a Senior Portfolio Manager at First Citizens Bank where he oversaw portfolio construction for the globally-diversified investment strategies utilized by the firm’s private wealth and institutional clients. Previously, he served in various leadership and operational roles during his five years as an officer in the U.S. Coast Guard.
Brian graduated from the United States Coast Guard Academy with a Bachelor of Science in management and earned his Master of Business Administration from Duke University’s Fuqua School of Business where he graduated as a Fuqua scholar. Brian is a CFA® charterholder and holds the FINRA Series 65 designation. He is a member of the CFA® Institute and the CFA® Society North Carolina.
Grant Engelbart CFA, CAIA, Senior Portfolio Manager, Brinker Capital Investments
Grant Engelbart is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he manages several ETF and mutual fund separate account strategies. He serves on several committees across Brinker Capital’s parent company, Orion Advisor Solutions. Grant first joined Orion in 2007 and returned to the company in 2009. He held several roles in trading and investment research before accepting the role of portfolio manager in 2013.
Prior to joining Brinker Capital Investments, Grant held positions at CLS Investments (which has since rebranded to Brinker Capital Investments), TD Ameritrade, and State Street Corporation. Grant received his Bachelor of Science in finance from the University of Nebraska at Lincoln. He is a CFA® charterholder, holds the Chartered Alternative Investment Analyst (CAIA) designation, and FINRA Series 65 license. He is a member of the CFA® Society of Nebraska and the CAIA Chicago chapter. In 2018, Grant was named one of the Top Ten Money Managers to Watch by Money Management Executive.
Michael Hadden CFA, Portfolio Manager, Brinker Capital Investments
Michael Hadden is a portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he co-manages a variety of ETF and mutual fund asset allocation strategies, spending considerable time researching the ETF universe while closely monitoring the security selection within portfolios. Previously, he served as an investment analyst and associate portfolio manager for CLS Investments.
Michael joined CLS in 2017. He graduated with honors and high distinction from the University of Nebraska at Lincoln with a Bachelor of Science degree in finance and accounting. He is a CFA® charterholder and holds the FINRA Series 65 license. Michael is a member of the CFA® Society of Nebraska.

Performance

I Share Fund performance as of 12/31/2022

Annualized

MTD

QTD

YTD

1 Year

3 Years

5 Years

Since
Inception

Inception
Date

Gross
expense
ratio

Net
expense
ratio*

Destinations Equity Income Fund

-2.59

13.45

-1.09

5.08

5.96

6.68

3/20/2017

1.04%

0.92%

FTSE All-World High Dividend Yield Index

-1.62

15.35

-5.72

3.46

3.49

5.10

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	.3800	.28	.00
EURO		CASHEUR	CURRENCY	52.2000	55.20	.00
SWISS FRANC		CASHCHF	CURRENCY	-5.0200	-5.33	-.00
NEW TAIWAN DOLLAR		CASHTWD	CURRENCY	.2000	.01	.00
BRITISH POUNDS		CASHGBP	CURRENCY	-3.3500	-4.03	-.00
US DOLLARS		CASHUSD	CURRENCY	8,736,243.8100	8,736,243.81	1.23
BHP GROUP LTD /AUD/		6144690	COMMON STOCK	163,515.0000	4,997,049.35	.70
EVEREST RE GROUP LTD	RE	G3223R108	COMMON STOCK	15,028.0000	5,770,301.16	.81
CAN IMPERIAL BK OF COMME /CAD/	BCM	136069101	COMMON STOCK	61,375.0000	2,806,639.55	.39
ENBRIDGE INC /CAD/	ENB	2466149	COMMON STOCK	205,775.0000	7,719,484.26	1.08
TC ENERGY CORP /CAD/		87807B107	COMMON STOCK	127,376.0000	5,069,649.75	.71
BCE INC /CAD/		B188TH2	COMMON STOCK	195,150.0000	8,633,766.08	1.21
NUTRIEN LTD /CAD/		BDRJLN0	COMMON STOCK	43,527.0000	3,391,440.87	.48
AGNICO EAGLE MINES LIMITED	AEM	008474108	COMMON STOCK	113,300.0000	5,215,199.00	.73
NUTRIEN LTD	NTR	67077M108	COMMON STOCK	42,525.0000	3,307,594.50	.46
TELUS CORP	TU	87971M103	COMMON STOCK	76,450.0000	1,519,826.00	.21
NORDEA BANK ABP /EUR/		BFM0SV9	COMMON STOCK	648,538.0000	8,208,563.95	1.15
CAPGEMINI SE /EUR/		4163437	COMMON STOCK	15,526.0000	2,916,176.64	.41
KERING /EUR/		5505072	COMMON STOCK	3,944.0000	2,306,850.59	.32
SANOFI /EUR/		5671735	COMMON STOCK	91,469.0000	8,564,077.08	1.20
TOTALENERGIES SE /EUR/		B15C557	COMMON STOCK	211,180.0000	13,061,516.15	1.83
DEUTSCHE POST AG-REG /EUR/		4617859	COMMON STOCK	119,695.0000	5,078,686.56	.71
E.ON SE /EUR/		4942904	COMMON STOCK	173,699.0000	1,898,130.42	.27
FRESENIUS MEDICAL CARE AG & CO /EUR/		5129074	COMMON STOCK	54,693.0000	2,135,049.85	.30
ALLIANZ SE REGISTERED /EUR/	ALV	5231485	COMMON STOCK	27,248.0000	6,400,574.87	.90
MUENCHENER RUECKVER AG-R /EUR/	MUV2	5294121	COMMON STOCK	12,650.0000	4,362,669.65	.61
SIEMENS AG-REG /EUR/	SIE	5727973	COMMON STOCK	29,158.0000	4,462,650.28	.63
DEUTSCHE BOERSE AG /EUR/	DB1	7021963	COMMON STOCK	36,956.0000	6,447,982.91	.91
CRH PLC-SPONSORED ADR	CRH	12626K203	COMMON STOCK	41,575.0000	1,966,913.25	.28
MEDTRONIC PLC	MDT	BTN1Y11	COMMON STOCK	94,194.0000	7,799,263.20	1.10
EATON CORP PLC	ETN	G29183103	COMMON STOCK	44,807.0000	7,838,088.51	1.10
ENEL SPA /EUR/		7144569	COMMON STOCK	566,023.0000	3,175,588.89	.45
SUMITOMO MITSUI TRUST HOLDINGS INC /JPY/		6431897	COMMON STOCK	103,800.0000	3,847,390.39	.54
KAO CORP /JPY/		6483809	COMMON STOCK	87,510.0000	3,272,330.40	.46
MITSUBISHI ELECTRIC CORP /JPY/		6597045	COMMON STOCK	346,200.0000	3,887,128.40	.55
MITSUI & CO LTD /JPY/		6597302	COMMON STOCK	133,370.0000	3,752,511.09	.53
AMCOR PLC	AMCR	BJ1F307	COMMON STOCK	450,150.0000	5,014,671.00	.70
AIRBUS SE /EUR/		4012250	COMMON STOCK	27,132.0000	3,555,526.51	.50
HEINEKEN NV /EUR/	HEIA	7792559	COMMON STOCK	48,266.0000	4,922,664.98	.69
ASR NEDERLAND NV /EUR/		BD9PNF2	COMMON STOCK	48,731.0000	2,218,252.35	.31
NN GROUP NV /EUR/		BNG8PQ9	COMMON STOCK	78,021.0000	3,157,357.18	.44
LYONDELLBASELL INDU-CL A	LYB	N53745100	COMMON STOCK	48,775.0000	4,681,912.25	.66
TELENOR ASA /NOK/	TEL	4732495	COMMON STOCK	227,735.0000	2,554,380.96	.36
OVERSEA-CHINESE BANKING /SGD/		B0F9V20	COMMON STOCK	446,356.0000	4,192,560.72	.59
SK TELECOM /KRW/		6224871	COMMON STOCK	83,580.0000	2,854,229.13	.40
SAMSUNG ELECTRONICS PRF /KRW/	005935	6773812	COMMON STOCK	78,916.0000	3,180,201.95	.45
FERROVIAL SA /EUR/		B038516	COMMON STOCK	116,025.0000	3,216,551.51	.45
ZURICH INSURANCE GROUP AG /CHF/		5983816	COMMON STOCK	13,522.0000	6,408,352.95	.90
ROCHE HOLDINGS LTD-SPONS ADR	RHHBY	771195104	COMMON STOCK	50,450.0000	1,818,722.50	.26
CHUBB LTD	CB	H1467J104	COMMON STOCK	15,829.0000	3,340,235.58	.47
MEDIATEK INC /TWD/		6372480	COMMON STOCK	128,000.0000	2,987,323.81	.42
BRITISH AMERICAN TOBACCO /GBP/		0287580	COMMON STOCK	264,420.0000	10,010,029.73	1.41
ASTRAZENECA PLC /GBP/	AZN	0989529	COMMON STOCK	44,493.0000	5,811,736.28	.82
UNILEVER PLC /GBP/		B10RZP7	COMMON STOCK	158,990.0000	7,916,726.23	1.11
NATIONAL GRID PLC /GBP/		BDR05C0	COMMON STOCK	566,889.0000	7,123,422.60	1.00
VODAFONE GROUP PLC /GBP/		BH4HKS3	COMMON STOCK	1,551,468.0000	1,860,746.42	.26
SHELL PLC-NEW /GBP/		BP6MXD8	COMMON STOCK	193,894.0000	5,885,707.02	.83
ASTRAZENECA PLC-SPONS ADR	AZN	046353108	COMMON STOCK	93,525.0000	6,095,959.50	.86
RIO TINTO PLC-SPON ADR	RIO	767204100	COMMON STOCK	48,200.0000	3,360,986.00	.47
AGCO CORP	AGCO	001084102	COMMON STOCK	31,110.0000	4,380,599.10	.62
AT&T INC	T	00206R102	COMMON STOCK	422,859.0000	7,996,263.69	1.12
ABBVIE INC	ABBV	00287Y109	COMMON STOCK	83,932.0000	12,917,134.80	1.81
ALEXANDRIA REAL ESTATE EQUIT	ARE	015271109	REIT - Real Estate Invesment Trust	7,075.0000	1,059,693.50	.15
AMEREN CORPORATION	AEE	023608102	COMMON STOCK	41,500.0000	3,432,465.00	.48
AMERICAN ELECTRIC POWER	AEP	025537101	COMMON STOCK	58,395.0000	5,137,008.15	.72
AMGEN INC	AMGN	031162100	COMMON STOCK	20,215.0000	4,683,006.90	.66
ANALOG DEVICES INC	ADI	032654105	COMMON STOCK	5,475.0000	1,004,498.25	.14
ELEVANCE HEALTH INC	ELV	036752103	COMMON STOCK	7,368.0000	3,460,528.56	.49
BAKER HUGHES CO	BKR	05722G100	COMMON STOCK	77,724.0000	2,378,354.40	.33
BEST BUY CO INC	BBY	086516101	COMMON STOCK	33,550.0000	2,788,340.50	.39
BRISTOL-MYERS SQUIBB CO	BMY	110122108	COMMON STOCK	101,248.0000	6,982,062.08	.98
BRIXMOR PROPERTY GROUP INC	BRX	11120U105	REIT - Real Estate Invesment Trust	163,650.0000	3,705,036.00	.52
BROADCOM INC	AVGO	11135F101	COMMON STOCK	13,623.0000	8,096,012.67	1.14
CME GROUP INC	CME	12572Q105	COMMON STOCK	5,625.0000	1,042,650.00	.15
CAMDEN PROPERTY TRUST	CPT	133131102	REIT - Real Estate Invesment Trust	19,850.0000	2,277,986.00	.32
CATERPILLAR INC	CAT	149123101	COMMON STOCK	7,275.0000	1,742,726.25	.24
CENTERPOINT ENERGY INC	CNP	15189T107	COMMON STOCK	183,675.0000	5,109,838.50	.72
CHESAPEAKE ENERGY CORP	CHK	165167735	COMMON STOCK	53,075.0000	4,288,990.75	.60
CHEVRON CORP	CVX	166764100	COMMON STOCK	51,648.0000	8,303,448.96	1.17
CISCO SYSTEMS INC	CSCO	17275R102	COMMON STOCK	227,676.0000	11,024,071.92	1.55
CITIZENS FINANCIAL GROUP	CFG	174610105	COMMON STOCK	54,150.0000	2,261,304.00	.32
CLOROX COMPANY	CLX	189054109	COMMON STOCK	40,300.0000	6,264,232.00	.88
COCA-COLA CO/THE	KO	191216100	COMMON STOCK	99,585.0000	5,926,303.35	.83
COMCAST CORP-CLASS A	CMCSA	20030N101	COMMON STOCK	91,047.0000	3,384,216.99	.48
CONAGRA BRANDS INC	CAG	205887102	COMMON STOCK	156,610.0000	5,702,170.10	.80
CONOCOPHILLIPS	COP	20825C104	COMMON STOCK	38,850.0000	4,015,147.50	.56
CORNING INC	GLW	219350105	COMMON STOCK	30,525.0000	1,036,323.75	.15
DARDEN RESTAURANTS INC	DRI	237194105	COMMON STOCK	37,800.0000	5,405,022.00	.76
DOMINION ENERGY INC	D	25746U109	COMMON STOCK	176,746.0000	9,830,612.52	1.38
DUKE ENERGY CORP	DUK	26441C204	COMMON STOCK	95,655.0000	9,016,440.30	1.27
DUPONT DE NEMOURS INC	DD	26614N102	COMMON STOCK	73,539.0000	5,370,553.17	.75
EOG RESOURCES INC	EOG	26875P101	COMMON STOCK	28,900.0000	3,266,278.00	.46
EMERSON ELECTRIC CO	EMR	291011104	COMMON STOCK	46,882.0000	3,877,610.22	.54
ENTERGY CORP	ETR	29364G103	COMMON STOCK	34,500.0000	3,549,015.00	.50
ENTERPRISE PRODUCTS PARTNERS	EPD	293792107	POOLED INVESTMENTS	213,465.0000	5,449,761.45	.77
EVERGY INC	EVRG	30034W106	COMMON STOCK	46,150.0000	2,714,081.50	.38
FIFTH THIRD BANCORP	FITB	316773100	COMMON STOCK	93,636.0000	3,398,986.80	.48
FREEPORT-MCMORAN INC	FCX	35671D857	COMMON STOCK	75,750.0000	3,103,477.50	.44
GENERAL DYNAMICS CORP	GD	369550108	COMMON STOCK	19,462.0000	4,435,584.42	.62
GENERAL MOTORS CO	GM	37045V100	COMMON STOCK	86,508.0000	3,351,319.92	.47
GILEAD SCIENCES INC	GILD	375558103	COMMON STOCK	88,400.0000	7,118,852.00	1.00
GOLDMAN SACHS GROUP INC	GS	38141G104	COMMON STOCK	8,300.0000	2,918,695.00	.41
HOME DEPOT INC	HD	437076102	COMMON STOCK	9,425.0000	2,794,889.50	.39
HUMANA INC	HUM	444859102	COMMON STOCK	13,849.0000	6,855,531.98	.96
HUNTINGTON BANCSHARES INC	HBAN	446150104	COMMON STOCK	492,140.0000	7,539,584.80	1.06
ISHARES CORE HIGH DIVIDEND E	HDV	46429B663	POOLED INVESTMENTS	51,729.0000	5,199,799.08	.73
JPMORGAN CHASE & CO	JPM	46625H100	COMMON STOCK	64,525.0000	9,249,658.75	1.30
JPMORGAN EQUITY PREMIUM INCO	JEPI	46641Q332	POOLED INVESTMENTS	7,847.0000	422,090.13	.06
JOHNSON & JOHNSON	JNJ	478160104	COMMON STOCK	39,162.0000	6,001,968.12	.84
KELLOGG CO	K	487836108	COMMON STOCK	59,325.0000	3,911,890.50	.55
KEURIG DR PEPPER INC	KDP	49271V100	COMMON STOCK	27,400.0000	946,670.00	.13
KEYCORP	KEY	493267108	COMMON STOCK	384,725.0000	7,036,620.25	.99
KIMBERLY-CLARK CORP	KMB	494368103	COMMON STOCK	54,075.0000	6,762,078.75	.95
LKQ CORP	LKQ	501889208	COMMON STOCK	67,700.0000	3,878,533.00	.54
LAS VEGAS SANDS CORP	LVS	517834107	COMMON STOCK	64,952.0000	3,732,791.44	.52
LOCKHEED MARTIN CORP	LMT	539830109	COMMON STOCK	4,750.0000	2,252,735.00	.32
MDU RESOURCES GROUP INC	MDU	552690109	COMMON STOCK	65,700.0000	2,092,545.00	.29
MCDONALDS CORP	MCD	580135101	COMMON STOCK	10,275.0000	2,711,675.25	.38
MERCK & CO. INC.	MRK	58933Y105	COMMON STOCK	65,075.0000	6,913,568.00	.97
MICROSOFT CORP	MSFT	594918104	COMMON STOCK	5,650.0000	1,409,223.00	.20
MORGAN STANLEY	MS	617446448	COMMON STOCK	22,625.0000	2,183,312.50	.31
NATIONAL RETAIL PROPERTIES	NNN	637417106	REIT - Real Estate Invesment Trust	60,337.0000	2,734,472.84	.38
NEXTERA ENERGY INC	NEE	65339F101	COMMON STOCK	49,350.0000	3,505,330.50	.49
NEXTERA ENERGY PARTNERS LP	NEP	65341B106	COMMON STOCK	25,450.0000	1,686,317.00	.24
ORACLE CORP	ORCL	68389X105	COMMON STOCK	61,589.0000	5,382,878.60	.76
PNC FINANCIAL SERVICES GROUP	PNC	693475105	COMMON STOCK	80,700.0000	12,744,144.00	1.79
PPL CORP	PPL	69351T106	COMMON STOCK	170,350.0000	4,611,374.50	.65
PAYCHEX INC	PAYX	704326107	COMMON STOCK	32,350.0000	3,571,440.00	.50
PEPSICO INC	PEP	713448108	COMMON STOCK	19,325.0000	3,353,467.25	.47
PFIZER INC	PFE	717081103	COMMON STOCK	161,765.0000	6,562,806.05	.92
PHILIP MORRIS INTERNATIONAL	PM	718172109	COMMON STOCK	123,571.0000	12,023,458.30	1.69
PIONEER NATURAL RESOURCES CO	PXD	723787107	COMMON STOCK	12,000.0000	2,404,920.00	.34
PROCTER & GAMBLE CO/THE	PG	742718109	COMMON STOCK	13,925.0000	1,915,523.00	.27
PROGRESSIVE CORP	PGR	743315103	COMMON STOCK	15,750.0000	2,260,440.00	.32
PROLOGIS INC	PLD	74340W103	REIT - Real Estate Invesment Trust	19,897.0000	2,455,289.80	.34
PUBLIC SERVICE ENTERPRISE GP	PEG	744573106	COMMON STOCK	107,055.0000	6,469,333.65	.91
QUALCOMM INC	QCOM	747525103	COMMON STOCK	25,100.0000	3,100,603.00	.44
RAYTHEON TECHNOLOGIES CORP	RTX	75513E101	COMMON STOCK	53,050.0000	5,203,674.50	.73
SEMPRA	SRE	816851109	COMMON STOCK	15,425.0000	2,313,133.00	.32
SOUTHERN CO/THE	SO	842587107	COMMON STOCK	112,085.0000	7,068,080.10	.99
TERRENO REALTY CORP	TRNO	88146M101	REIT - Real Estate Invesment Trust	28,800.0000	1,791,648.00	.25
TEXAS INSTRUMENTS INC	TXN	882508104	COMMON STOCK	21,725.0000	3,724,751.25	.52
TRUIST FINANCIAL CORP	TFC	89832Q109	COMMON STOCK	158,360.0000	7,435,002.00	1.04
US BANCORP	USB	902973304	COMMON STOCK	140,848.0000	6,722,675.04	.94
UNION PACIFIC CORP	UNP	907818108	COMMON STOCK	4,650.0000	963,852.00	.14
UNITED PARCEL SERVICE-CL B	UPS	911312106	COMMON STOCK	33,550.0000	6,122,539.50	.86
VERIZON COMMUNICATIONS INC	VZ	92343V104	COMMON STOCK	282,026.0000	10,945,429.06	1.54
VIATRIS INC	VTRS	92556V106	COMMON STOCK	255,675.0000	2,914,695.00	.41
VICI PROPERTIES INC	VICI	925652109	REIT - Real Estate Invesment Trust	29,783.0000	998,623.99	.14
VIRTU FINANCIAL INC-CLASS A	VIRT	928254101	COMMON STOCK	50,100.0000	920,838.00	.13
WEC ENERGY GROUP INC		92939U106	COMMON STOCK	21,525.0000	1,908,406.50	.27
WALMART INC	WMT	931142103	COMMON STOCK	35,264.0000	5,012,072.32	.70
WALGREENS BOOTS ALLIANCE INC	WBA	931427108	COMMON STOCK	138,785.0000	4,931,031.05	.69
WATSCO INC	WSO	942622200	COMMON STOCK	7,700.0000	2,346,267.00	.33
WELLS FARGO & CO	WFC	949746101	COMMON STOCK	214,900.0000	10,050,873.00	1.41
WILLIAMS COS INC	WMB	969457100	COMMON STOCK	180,450.0000	5,431,545.00	.76
P/O ANALOG DEVICES MAR 150.000	ADI230317P00150000	13399TY77	OPTIONS	-30.0000	-1,050.00	-.00
P/O EMERSON ELECTR MAR 75.000	EMR230317P00075000	13399URU1	OPTIONS	-60.0000	-1,200.00	-.00
P/O BECTON DICKIN MAR 220.000	BDX230317P00220000	17099AX81	OPTIONS	-25.0000	-2,625.00	-.00
P/O BECTON DICKIN MAR 210.000	BDX230317P00210000	17099AXG3	OPTIONS	-25.0000	-1,500.00	-.00
P/O TAIWAN SEMICON MAR 75.000	TSM230317P00075000	19099W663	OPTIONS	-80.0000	-1,040.00	-.00
P/O WHEATON PRECIO APR 35.000	WPM230421P00035000	1HI990V43	OPTIONS	-200.0000	-6,000.00	-.00
P/O SYSCO CORPORAT MAR 65.000	SYY230317P00065000	1IT99MZP0	OPTIONS	-100.0000	-1,000.00	-.00
JPMORGAN CHASE FI 10% 06/21/23		48133Q101	SHORT TERMS	38,345.0000	3,481,560.04	.49

As of 02/28/2023.

Distributions

Fund Name	Fund Cusip	Distribution Type	Amount per Share	Ex Date	Reinvest Date	Reinvest Price
Destinations Equity Income Fund	10964R400	Dividend	0.124381	12/29/2022	12/29/2022	$11.30
Destinations Equity Income Fund	10964R400	Long-Term Capital Gains	0.188059	12/15/2022	12/15/2022	$11.37
Destinations Equity Income Fund	10964R400	Dividend	0.082247	9/29/2022	9/29/2022	$10.31
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%*

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 12/31/2022

Annualized

MTD

QTD

YTD

1 Year

3 Years

5 Years

Since
Inception

Destinations Equity Income Fund

-2.59

13.45

-1.09

5.08

5.96

6.68

FTSE All-World High Dividend Yield Index

-1.62

15.35

-5.72

3.46

3.49

5.10

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.

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.

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.

Fund facts

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:

03/29/2023

NAV:
$10.75
NAV change:
$0.11
Total assets ($m):
$58.6

Quick links

Management team

Brian Storey CFA, Head of Discretionary Portfolios, Brinker Capital Investments
Brian Storey is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he has portfolio management responsibilities for Brinker Capital’s Destinations program. Brian is involved in all aspects of the investment process for these multi-asset class portfolio solutions, including asset allocation, portfolio construction, manager research, and due diligence.
Prior to joining Brinker Capital, Brian was a Senior Portfolio Manager at First Citizens Bank where he oversaw portfolio construction for the globally-diversified investment strategies utilized by the firm’s private wealth and institutional clients. Previously, he served in various leadership and operational roles during his five years as an officer in the U.S. Coast Guard.
Brian graduated from the United States Coast Guard Academy with a Bachelor of Science in management and earned his Master of Business Administration from Duke University’s Fuqua School of Business where he graduated as a Fuqua scholar. Brian is a CFA® charterholder and holds the FINRA Series 65 designation. He is a member of the CFA® Institute and the CFA® Society North Carolina.
Grant Engelbart CFA, CAIA, Senior Portfolio Manager, Brinker Capital Investments
Grant Engelbart is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he manages several ETF and mutual fund separate account strategies. He serves on several committees across Brinker Capital’s parent company, Orion Advisor Solutions. Grant first joined Orion in 2007 and returned to the company in 2009. He held several roles in trading and investment research before accepting the role of portfolio manager in 2013.
Prior to joining Brinker Capital Investments, Grant held positions at CLS Investments (which has since rebranded to Brinker Capital Investments), TD Ameritrade, and State Street Corporation. Grant received his Bachelor of Science in finance from the University of Nebraska at Lincoln. He is a CFA® charterholder, holds the Chartered Alternative Investment Analyst (CAIA) designation, and FINRA Series 65 license. He is a member of the CFA® Society of Nebraska and the CAIA Chicago chapter. In 2018, Grant was named one of the Top Ten Money Managers to Watch by Money Management Executive.
Michael Hadden CFA, Portfolio Manager, Brinker Capital Investments
Michael Hadden is a portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he co-manages a variety of ETF and mutual fund asset allocation strategies, spending considerable time researching the ETF universe while closely monitoring the security selection within portfolios. Previously, he served as an investment analyst and associate portfolio manager for CLS Investments.
Michael joined CLS in 2017. He graduated with honors and high distinction from the University of Nebraska at Lincoln with a Bachelor of Science degree in finance and accounting. He is a CFA® charterholder and holds the FINRA Series 65 license. Michael is a member of the CFA® Society of Nebraska.

Performance

Z Share Fund performance as of 12/31/2022

Annualized

MTD

QTD

YTD

1 Year

3 Years

5 Years

Since
Inception

Inception
Date

Gross
expense
ratio

Net
expense
ratio*

Destinations Equity Income Fund

-2.59

13.45

-1.09

5.08

5.96

6.68

3/20/2017

1.04%

0.92%

FTSE All-World High Dividend Yield Index

-1.62

15.35

-5.72

3.46

3.49

5.10

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	.3800	.28	.00
EURO		CASHEUR	CURRENCY	52.2000	55.20	.00
SWISS FRANC		CASHCHF	CURRENCY	-5.0200	-5.33	-.00
NEW TAIWAN DOLLAR		CASHTWD	CURRENCY	.2000	.01	.00
BRITISH POUNDS		CASHGBP	CURRENCY	-3.3500	-4.03	-.00
US DOLLARS		CASHUSD	CURRENCY	8,736,243.8100	8,736,243.81	1.23
BHP GROUP LTD /AUD/		6144690	COMMON STOCK	163,515.0000	4,997,049.35	.70
EVEREST RE GROUP LTD	RE	G3223R108	COMMON STOCK	15,028.0000	5,770,301.16	.81
CAN IMPERIAL BK OF COMME /CAD/	BCM	136069101	COMMON STOCK	61,375.0000	2,806,639.55	.39
ENBRIDGE INC /CAD/	ENB	2466149	COMMON STOCK	205,775.0000	7,719,484.26	1.08
TC ENERGY CORP /CAD/		87807B107	COMMON STOCK	127,376.0000	5,069,649.75	.71
BCE INC /CAD/		B188TH2	COMMON STOCK	195,150.0000	8,633,766.08	1.21
NUTRIEN LTD /CAD/		BDRJLN0	COMMON STOCK	43,527.0000	3,391,440.87	.48
AGNICO EAGLE MINES LIMITED	AEM	008474108	COMMON STOCK	113,300.0000	5,215,199.00	.73
NUTRIEN LTD	NTR	67077M108	COMMON STOCK	42,525.0000	3,307,594.50	.46
TELUS CORP	TU	87971M103	COMMON STOCK	76,450.0000	1,519,826.00	.21
NORDEA BANK ABP /EUR/		BFM0SV9	COMMON STOCK	648,538.0000	8,208,563.95	1.15
CAPGEMINI SE /EUR/		4163437	COMMON STOCK	15,526.0000	2,916,176.64	.41
KERING /EUR/		5505072	COMMON STOCK	3,944.0000	2,306,850.59	.32
SANOFI /EUR/		5671735	COMMON STOCK	91,469.0000	8,564,077.08	1.20
TOTALENERGIES SE /EUR/		B15C557	COMMON STOCK	211,180.0000	13,061,516.15	1.83
DEUTSCHE POST AG-REG /EUR/		4617859	COMMON STOCK	119,695.0000	5,078,686.56	.71
E.ON SE /EUR/		4942904	COMMON STOCK	173,699.0000	1,898,130.42	.27
FRESENIUS MEDICAL CARE AG & CO /EUR/		5129074	COMMON STOCK	54,693.0000	2,135,049.85	.30
ALLIANZ SE REGISTERED /EUR/	ALV	5231485	COMMON STOCK	27,248.0000	6,400,574.87	.90
MUENCHENER RUECKVER AG-R /EUR/	MUV2	5294121	COMMON STOCK	12,650.0000	4,362,669.65	.61
SIEMENS AG-REG /EUR/	SIE	5727973	COMMON STOCK	29,158.0000	4,462,650.28	.63
DEUTSCHE BOERSE AG /EUR/	DB1	7021963	COMMON STOCK	36,956.0000	6,447,982.91	.91
CRH PLC-SPONSORED ADR	CRH	12626K203	COMMON STOCK	41,575.0000	1,966,913.25	.28
MEDTRONIC PLC	MDT	BTN1Y11	COMMON STOCK	94,194.0000	7,799,263.20	1.10
EATON CORP PLC	ETN	G29183103	COMMON STOCK	44,807.0000	7,838,088.51	1.10
ENEL SPA /EUR/		7144569	COMMON STOCK	566,023.0000	3,175,588.89	.45
SUMITOMO MITSUI TRUST HOLDINGS INC /JPY/		6431897	COMMON STOCK	103,800.0000	3,847,390.39	.54
KAO CORP /JPY/		6483809	COMMON STOCK	87,510.0000	3,272,330.40	.46
MITSUBISHI ELECTRIC CORP /JPY/		6597045	COMMON STOCK	346,200.0000	3,887,128.40	.55
MITSUI & CO LTD /JPY/		6597302	COMMON STOCK	133,370.0000	3,752,511.09	.53
AMCOR PLC	AMCR	BJ1F307	COMMON STOCK	450,150.0000	5,014,671.00	.70
AIRBUS SE /EUR/		4012250	COMMON STOCK	27,132.0000	3,555,526.51	.50
HEINEKEN NV /EUR/	HEIA	7792559	COMMON STOCK	48,266.0000	4,922,664.98	.69
ASR NEDERLAND NV /EUR/		BD9PNF2	COMMON STOCK	48,731.0000	2,218,252.35	.31
NN GROUP NV /EUR/		BNG8PQ9	COMMON STOCK	78,021.0000	3,157,357.18	.44
LYONDELLBASELL INDU-CL A	LYB	N53745100	COMMON STOCK	48,775.0000	4,681,912.25	.66
TELENOR ASA /NOK/	TEL	4732495	COMMON STOCK	227,735.0000	2,554,380.96	.36
OVERSEA-CHINESE BANKING /SGD/		B0F9V20	COMMON STOCK	446,356.0000	4,192,560.72	.59
SK TELECOM /KRW/		6224871	COMMON STOCK	83,580.0000	2,854,229.13	.40
SAMSUNG ELECTRONICS PRF /KRW/	005935	6773812	COMMON STOCK	78,916.0000	3,180,201.95	.45
FERROVIAL SA /EUR/		B038516	COMMON STOCK	116,025.0000	3,216,551.51	.45
ZURICH INSURANCE GROUP AG /CHF/		5983816	COMMON STOCK	13,522.0000	6,408,352.95	.90
ROCHE HOLDINGS LTD-SPONS ADR	RHHBY	771195104	COMMON STOCK	50,450.0000	1,818,722.50	.26
CHUBB LTD	CB	H1467J104	COMMON STOCK	15,829.0000	3,340,235.58	.47
MEDIATEK INC /TWD/		6372480	COMMON STOCK	128,000.0000	2,987,323.81	.42
BRITISH AMERICAN TOBACCO /GBP/		0287580	COMMON STOCK	264,420.0000	10,010,029.73	1.41
ASTRAZENECA PLC /GBP/	AZN	0989529	COMMON STOCK	44,493.0000	5,811,736.28	.82
UNILEVER PLC /GBP/		B10RZP7	COMMON STOCK	158,990.0000	7,916,726.23	1.11
NATIONAL GRID PLC /GBP/		BDR05C0	COMMON STOCK	566,889.0000	7,123,422.60	1.00
VODAFONE GROUP PLC /GBP/		BH4HKS3	COMMON STOCK	1,551,468.0000	1,860,746.42	.26
SHELL PLC-NEW /GBP/		BP6MXD8	COMMON STOCK	193,894.0000	5,885,707.02	.83
ASTRAZENECA PLC-SPONS ADR	AZN	046353108	COMMON STOCK	93,525.0000	6,095,959.50	.86
RIO TINTO PLC-SPON ADR	RIO	767204100	COMMON STOCK	48,200.0000	3,360,986.00	.47
AGCO CORP	AGCO	001084102	COMMON STOCK	31,110.0000	4,380,599.10	.62
AT&T INC	T	00206R102	COMMON STOCK	422,859.0000	7,996,263.69	1.12
ABBVIE INC	ABBV	00287Y109	COMMON STOCK	83,932.0000	12,917,134.80	1.81
ALEXANDRIA REAL ESTATE EQUIT	ARE	015271109	REIT - Real Estate Invesment Trust	7,075.0000	1,059,693.50	.15
AMEREN CORPORATION	AEE	023608102	COMMON STOCK	41,500.0000	3,432,465.00	.48
AMERICAN ELECTRIC POWER	AEP	025537101	COMMON STOCK	58,395.0000	5,137,008.15	.72
AMGEN INC	AMGN	031162100	COMMON STOCK	20,215.0000	4,683,006.90	.66
ANALOG DEVICES INC	ADI	032654105	COMMON STOCK	5,475.0000	1,004,498.25	.14
ELEVANCE HEALTH INC	ELV	036752103	COMMON STOCK	7,368.0000	3,460,528.56	.49
BAKER HUGHES CO	BKR	05722G100	COMMON STOCK	77,724.0000	2,378,354.40	.33
BEST BUY CO INC	BBY	086516101	COMMON STOCK	33,550.0000	2,788,340.50	.39
BRISTOL-MYERS SQUIBB CO	BMY	110122108	COMMON STOCK	101,248.0000	6,982,062.08	.98
BRIXMOR PROPERTY GROUP INC	BRX	11120U105	REIT - Real Estate Invesment Trust	163,650.0000	3,705,036.00	.52
BROADCOM INC	AVGO	11135F101	COMMON STOCK	13,623.0000	8,096,012.67	1.14
CME GROUP INC	CME	12572Q105	COMMON STOCK	5,625.0000	1,042,650.00	.15
CAMDEN PROPERTY TRUST	CPT	133131102	REIT - Real Estate Invesment Trust	19,850.0000	2,277,986.00	.32
CATERPILLAR INC	CAT	149123101	COMMON STOCK	7,275.0000	1,742,726.25	.24
CENTERPOINT ENERGY INC	CNP	15189T107	COMMON STOCK	183,675.0000	5,109,838.50	.72
CHESAPEAKE ENERGY CORP	CHK	165167735	COMMON STOCK	53,075.0000	4,288,990.75	.60
CHEVRON CORP	CVX	166764100	COMMON STOCK	51,648.0000	8,303,448.96	1.17
CISCO SYSTEMS INC	CSCO	17275R102	COMMON STOCK	227,676.0000	11,024,071.92	1.55
CITIZENS FINANCIAL GROUP	CFG	174610105	COMMON STOCK	54,150.0000	2,261,304.00	.32
CLOROX COMPANY	CLX	189054109	COMMON STOCK	40,300.0000	6,264,232.00	.88
COCA-COLA CO/THE	KO	191216100	COMMON STOCK	99,585.0000	5,926,303.35	.83
COMCAST CORP-CLASS A	CMCSA	20030N101	COMMON STOCK	91,047.0000	3,384,216.99	.48
CONAGRA BRANDS INC	CAG	205887102	COMMON STOCK	156,610.0000	5,702,170.10	.80
CONOCOPHILLIPS	COP	20825C104	COMMON STOCK	38,850.0000	4,015,147.50	.56
CORNING INC	GLW	219350105	COMMON STOCK	30,525.0000	1,036,323.75	.15
DARDEN RESTAURANTS INC	DRI	237194105	COMMON STOCK	37,800.0000	5,405,022.00	.76
DOMINION ENERGY INC	D	25746U109	COMMON STOCK	176,746.0000	9,830,612.52	1.38
DUKE ENERGY CORP	DUK	26441C204	COMMON STOCK	95,655.0000	9,016,440.30	1.27
DUPONT DE NEMOURS INC	DD	26614N102	COMMON STOCK	73,539.0000	5,370,553.17	.75
EOG RESOURCES INC	EOG	26875P101	COMMON STOCK	28,900.0000	3,266,278.00	.46
EMERSON ELECTRIC CO	EMR	291011104	COMMON STOCK	46,882.0000	3,877,610.22	.54
ENTERGY CORP	ETR	29364G103	COMMON STOCK	34,500.0000	3,549,015.00	.50
ENTERPRISE PRODUCTS PARTNERS	EPD	293792107	POOLED INVESTMENTS	213,465.0000	5,449,761.45	.77
EVERGY INC	EVRG	30034W106	COMMON STOCK	46,150.0000	2,714,081.50	.38
FIFTH THIRD BANCORP	FITB	316773100	COMMON STOCK	93,636.0000	3,398,986.80	.48
FREEPORT-MCMORAN INC	FCX	35671D857	COMMON STOCK	75,750.0000	3,103,477.50	.44
GENERAL DYNAMICS CORP	GD	369550108	COMMON STOCK	19,462.0000	4,435,584.42	.62
GENERAL MOTORS CO	GM	37045V100	COMMON STOCK	86,508.0000	3,351,319.92	.47
GILEAD SCIENCES INC	GILD	375558103	COMMON STOCK	88,400.0000	7,118,852.00	1.00
GOLDMAN SACHS GROUP INC	GS	38141G104	COMMON STOCK	8,300.0000	2,918,695.00	.41
HOME DEPOT INC	HD	437076102	COMMON STOCK	9,425.0000	2,794,889.50	.39
HUMANA INC	HUM	444859102	COMMON STOCK	13,849.0000	6,855,531.98	.96
HUNTINGTON BANCSHARES INC	HBAN	446150104	COMMON STOCK	492,140.0000	7,539,584.80	1.06
ISHARES CORE HIGH DIVIDEND E	HDV	46429B663	POOLED INVESTMENTS	51,729.0000	5,199,799.08	.73
JPMORGAN CHASE & CO	JPM	46625H100	COMMON STOCK	64,525.0000	9,249,658.75	1.30
JPMORGAN EQUITY PREMIUM INCO	JEPI	46641Q332	POOLED INVESTMENTS	7,847.0000	422,090.13	.06
JOHNSON & JOHNSON	JNJ	478160104	COMMON STOCK	39,162.0000	6,001,968.12	.84
KELLOGG CO	K	487836108	COMMON STOCK	59,325.0000	3,911,890.50	.55
KEURIG DR PEPPER INC	KDP	49271V100	COMMON STOCK	27,400.0000	946,670.00	.13
KEYCORP	KEY	493267108	COMMON STOCK	384,725.0000	7,036,620.25	.99
KIMBERLY-CLARK CORP	KMB	494368103	COMMON STOCK	54,075.0000	6,762,078.75	.95
LKQ CORP	LKQ	501889208	COMMON STOCK	67,700.0000	3,878,533.00	.54
LAS VEGAS SANDS CORP	LVS	517834107	COMMON STOCK	64,952.0000	3,732,791.44	.52
LOCKHEED MARTIN CORP	LMT	539830109	COMMON STOCK	4,750.0000	2,252,735.00	.32
MDU RESOURCES GROUP INC	MDU	552690109	COMMON STOCK	65,700.0000	2,092,545.00	.29
MCDONALDS CORP	MCD	580135101	COMMON STOCK	10,275.0000	2,711,675.25	.38
MERCK & CO. INC.	MRK	58933Y105	COMMON STOCK	65,075.0000	6,913,568.00	.97
MICROSOFT CORP	MSFT	594918104	COMMON STOCK	5,650.0000	1,409,223.00	.20
MORGAN STANLEY	MS	617446448	COMMON STOCK	22,625.0000	2,183,312.50	.31
NATIONAL RETAIL PROPERTIES	NNN	637417106	REIT - Real Estate Invesment Trust	60,337.0000	2,734,472.84	.38
NEXTERA ENERGY INC	NEE	65339F101	COMMON STOCK	49,350.0000	3,505,330.50	.49
NEXTERA ENERGY PARTNERS LP	NEP	65341B106	COMMON STOCK	25,450.0000	1,686,317.00	.24
ORACLE CORP	ORCL	68389X105	COMMON STOCK	61,589.0000	5,382,878.60	.76
PNC FINANCIAL SERVICES GROUP	PNC	693475105	COMMON STOCK	80,700.0000	12,744,144.00	1.79
PPL CORP	PPL	69351T106	COMMON STOCK	170,350.0000	4,611,374.50	.65
PAYCHEX INC	PAYX	704326107	COMMON STOCK	32,350.0000	3,571,440.00	.50
PEPSICO INC	PEP	713448108	COMMON STOCK	19,325.0000	3,353,467.25	.47
PFIZER INC	PFE	717081103	COMMON STOCK	161,765.0000	6,562,806.05	.92
PHILIP MORRIS INTERNATIONAL	PM	718172109	COMMON STOCK	123,571.0000	12,023,458.30	1.69
PIONEER NATURAL RESOURCES CO	PXD	723787107	COMMON STOCK	12,000.0000	2,404,920.00	.34
PROCTER & GAMBLE CO/THE	PG	742718109	COMMON STOCK	13,925.0000	1,915,523.00	.27
PROGRESSIVE CORP	PGR	743315103	COMMON STOCK	15,750.0000	2,260,440.00	.32
PROLOGIS INC	PLD	74340W103	REIT - Real Estate Invesment Trust	19,897.0000	2,455,289.80	.34
PUBLIC SERVICE ENTERPRISE GP	PEG	744573106	COMMON STOCK	107,055.0000	6,469,333.65	.91
QUALCOMM INC	QCOM	747525103	COMMON STOCK	25,100.0000	3,100,603.00	.44
RAYTHEON TECHNOLOGIES CORP	RTX	75513E101	COMMON STOCK	53,050.0000	5,203,674.50	.73
SEMPRA	SRE	816851109	COMMON STOCK	15,425.0000	2,313,133.00	.32
SOUTHERN CO/THE	SO	842587107	COMMON STOCK	112,085.0000	7,068,080.10	.99
TERRENO REALTY CORP	TRNO	88146M101	REIT - Real Estate Invesment Trust	28,800.0000	1,791,648.00	.25
TEXAS INSTRUMENTS INC	TXN	882508104	COMMON STOCK	21,725.0000	3,724,751.25	.52
TRUIST FINANCIAL CORP	TFC	89832Q109	COMMON STOCK	158,360.0000	7,435,002.00	1.04
US BANCORP	USB	902973304	COMMON STOCK	140,848.0000	6,722,675.04	.94
UNION PACIFIC CORP	UNP	907818108	COMMON STOCK	4,650.0000	963,852.00	.14
UNITED PARCEL SERVICE-CL B	UPS	911312106	COMMON STOCK	33,550.0000	6,122,539.50	.86
VERIZON COMMUNICATIONS INC	VZ	92343V104	COMMON STOCK	282,026.0000	10,945,429.06	1.54
VIATRIS INC	VTRS	92556V106	COMMON STOCK	255,675.0000	2,914,695.00	.41
VICI PROPERTIES INC	VICI	925652109	REIT - Real Estate Invesment Trust	29,783.0000	998,623.99	.14
VIRTU FINANCIAL INC-CLASS A	VIRT	928254101	COMMON STOCK	50,100.0000	920,838.00	.13
WEC ENERGY GROUP INC		92939U106	COMMON STOCK	21,525.0000	1,908,406.50	.27
WALMART INC	WMT	931142103	COMMON STOCK	35,264.0000	5,012,072.32	.70
WALGREENS BOOTS ALLIANCE INC	WBA	931427108	COMMON STOCK	138,785.0000	4,931,031.05	.69
WATSCO INC	WSO	942622200	COMMON STOCK	7,700.0000	2,346,267.00	.33
WELLS FARGO & CO	WFC	949746101	COMMON STOCK	214,900.0000	10,050,873.00	1.41
WILLIAMS COS INC	WMB	969457100	COMMON STOCK	180,450.0000	5,431,545.00	.76
P/O ANALOG DEVICES MAR 150.000	ADI230317P00150000	13399TY77	OPTIONS	-30.0000	-1,050.00	-.00
P/O EMERSON ELECTR MAR 75.000	EMR230317P00075000	13399URU1	OPTIONS	-60.0000	-1,200.00	-.00
P/O BECTON DICKIN MAR 220.000	BDX230317P00220000	17099AX81	OPTIONS	-25.0000	-2,625.00	-.00
P/O BECTON DICKIN MAR 210.000	BDX230317P00210000	17099AXG3	OPTIONS	-25.0000	-1,500.00	-.00
P/O TAIWAN SEMICON MAR 75.000	TSM230317P00075000	19099W663	OPTIONS	-80.0000	-1,040.00	-.00
P/O WHEATON PRECIO APR 35.000	WPM230421P00035000	1HI990V43	OPTIONS	-200.0000	-6,000.00	-.00
P/O SYSCO CORPORAT MAR 65.000	SYY230317P00065000	1IT99MZP0	OPTIONS	-100.0000	-1,000.00	-.00
JPMORGAN CHASE FI 10% 06/21/23		48133Q101	SHORT TERMS	38,345.0000	3,481,560.04	.49

As of 02/28/2023.

Distributions

Fund Name	Fund Cusip	Distribution Type	Amount per Share	Ex Date	Reinvest Date	Reinvest Price
Destinations Equity Income Fund	10964R830	Dividend	0.127987	12/29/2022	12/29/2022	$10.91
Destinations Equity Income Fund	10964R830	Long-Term Capital Gains	0.188059	12/15/2022	12/15/2022	$10.99
Destinations Equity Income Fund	10964R830	Dividend	0.086539	9/29/2022	9/29/2022	$9.97
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%*

Contact

Individual Investor Contact Information
1-877-771-7979
Monday – Friday 8:30 am – 5:00 pm EST

Or write to the Funds at:
Brinker Capital Destinations Funds
P.O. Box 2175
Milwaukee, WI 53201

Overnight/Certified Mail:
Brinker Capital Destinations Funds
235 W. Galena Street
Milwaukee, WI 53212

Investment Adviser
Brinker Capital Investments LLC
1055 Westlakes Drive, Suite 250
Berwyn, PA 19312
www.brinkercapital.com

Distributor
Foreside Fund Services, LLC
Three Canal Plaza, Suite 100
Portland, ME 04101
www.foreside.com

Media Relations
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.