Destinations Municipal Financials

Destinations Municipal Fund Summary

Destinations Municipal competes with Lord Abbett, Harbor Convertible, Invesco Convertible, Advent Claymore, and Lord Abbett. 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 .

Destinations Municipal Key Financial Ratios

Destinations Financial Ratios 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 one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about  363.47  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.

Along with financial statement analysis, the daily predictive indicators of Destinations Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Destinations Municipal Fixed. We use our internally-developed statistical techniques to arrive at the intrinsic value of Destinations Municipal Fixed based on widely used predictive technical indicators. In general, we focus on analyzing Destinations Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Destinations Municipal's daily price indicators and compare them against related drivers.

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.