Destinations Global Fixed Fund Quote
| DGFFX Fund | USD 9.39 0.11 1.19% |
Performance0 of 100
| Odds Of DistressLess than 21
|
Destinations Global is trading at 9.39 as of the 31st of December 2024; that is 1.19 percent up since the beginning of the trading day. The fund's open price was 9.28. Destinations Global has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 5th of February 2024 and ending today, the 31st of December 2024. Click here to learn more.
The fund will invest at least 80 percent of its net assets in fixed income securities. It invests primarily in investment grade and non-investment grade debt, preferred stock, convertible bonds, bank loans, high yield bonds, municipal bonds and SPACs. More on Destinations Global Fixed
Destinations Mutual Fund Highlights
| Fund Concentration | Destinations Funds, Large Funds, World Bond Funds, World Bond, Destinations Funds, Large, World Bond (View all Sectors) |
| Update Date | 31st of December 2024 |
Destinations Global Fixed [DGFFX] is traded in USA and was established 31st of December 2024. Destinations Global is listed under Destinations Funds category by Fama And French industry classification. The fund is listed under World Bond category and is part of Destinations Funds family. This fund currently has accumulated 821.93 M in assets under management (AUM) with no minimum investment requirementsDestinations Global Fixed is currently producing year-to-date (YTD) return of 7.96% with the current yeild of 0.07%, while the total return for the last 3 years was 3.72%.
Check Destinations Global Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Destinations Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Destinations Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Destinations Global Fixed Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Destinations Global Fixed Mutual Fund Constituents
| HYG | iShares iBoxx High | Etf | High Yield Bond |
Destinations Global Fixed Risk Profiles
| Mean Deviation | 0.0574 | |||
| Standard Deviation | 0.111 | |||
| Variance | 0.0123 | |||
| Risk Adjusted Performance | (0.07) |
Destinations Global Against Markets
Other Information on Investing in Destinations Mutual Fund
Destinations Global financial ratios help investors to determine whether Destinations Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Destinations with respect to the benefits of owning Destinations Global security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |