Destinations Municipal Financial Statements From 2010 to 2024
DMFFX Fund | USD 9.74 0.01 0.10% |
Check Destinations Municipal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Destinations Municipal's main balance sheet or income statement drivers, such as , as well as many indicators such as . Destinations financial statements analysis is a perfect complement when working with Destinations Municipal Valuation or Volatility modules.
Destinations |
Destinations Municipal Fixed Mutual Fund Three Year Return Analysis
Destinations Municipal's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Destinations Municipal Three Year Return | 0.37 % |
Most of Destinations Municipal's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Destinations Municipal Fixed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Competition |
Based on the latest financial disclosure, Destinations Municipal Fixed has a Three Year Return of 0.3682%. This is much higher than that of the Destinations Funds family and significantly higher than that of the Muni National Interm category. The three year return for all United States funds is notably lower than that of the firm.
Destinations Municipal Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Destinations Municipal's current stock value. Our valuation model uses many indicators to compare Destinations Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Destinations Municipal competition to find correlations between indicators driving Destinations Municipal's intrinsic value. More Info.Destinations Municipal Fixed is rated # 5 fund in annual yield among similar funds. It also is rated # 5 fund in year to date return among similar funds creating about 4,816 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Destinations Municipal's earnings, one of the primary drivers of an investment's value.About Destinations Municipal Financial Statements
Destinations Municipal investors use historical fundamental indicators, such as Destinations Municipal's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Destinations Municipal. Please read more on our technical analysis and fundamental analysis pages.
The fund will invest, under normal market conditions, at least 80 percent of its net assets in fixed income securities that pay interest that is exempt from regular federal income tax. It primarily invests in investment grade debt obligations, but may invest to a limited extent in obligations that are rated below-investment grade .
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Destinations Mutual Fund
Destinations Municipal 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 Municipal security.
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