Destinations Large Cap Equity Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Destinations Large Cap Equity Fund held 307 positions with $3.62B in net assets. Its ten largest holdings made up 37.4% of the fund. The DLCFX share class costs 0.85% a year. Over the 12 months to May 2026, DLCFX returned 21.9%, with dividends reinvested. In 2026 Q2 it added 17 new positions and exited 18.
Long term capital appreciation.
The fund allocates its assets among multiple sub-advisers, each responsible for investing their portion, and may also hold unaffiliated registered funds including ETFs. The fund invests at least 80% of assets in equity securities of large-capitalization companies, typically those in the Russell 1000 Index range, with the remainder in other equity-linked securities, convertibles, REITs, and derivatives. Because sub-advisers make independent security selections based on their own assessments, fund holdings and performance will reflect the divergent approaches and skill of each manager.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA CORP | 6.54% | $236.89M | 1.1M | $211.14 |
AAPLAPPLE INC | 5.74% | $207.63M | 665.3K | $312.06 |
MSFTMICROSOFT CORP | 4.41% | $159.54M | 354.3K | $450.24 |
AMZNAMAZON.COM INC | 4.32% | $156.40M | 577.9K | $270.64 |
GOOGLALPHABET INC-CL A | 3.54% | $128.29M | 337.3K | $380.34 |
AVGOBROADCOM INC | 3.12% | $113.09M | 253.1K | $446.77 |
VANGUARD MEGA CAP GROWTH ETF | 2.91% | $105.29M | 1.2M | $91.27 |
STE STR SPDR PT S&P 500 ETF | 2.51% | $90.71M | 1.0M | $89.05 |
2.39% | $86.46M | 136.7K | $632.51 | |
1.96% | $71.08M | 149.8K | $474.48 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
The 200 largest of 307 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.18% |
| Real assets | 1.01% |
| Cash & short-term | 0.83% |
| Derivatives | 0.06% |
Derivatives are shown at market value, not notional exposure.
By sector
- Information Technology
- 30.4%
- Financials
- 13.3%
- Communication Services
- 9.0%
- Health Care
- 9.0%
- 10 other sectors
- 38.3%
- Information Technology
- 30.4%
- Financials
- 13.3%
- Communication Services
- 9.0%
- Health Care
- 9.0%
- Industrials
- 8.8%
- Consumer Discretionary
- 8.2%
- Other
- 6.3%
- Consumer Staples
- 4.8%
- Materials
- 3.5%
- Energy
- 2.4%
- International
- 1.4%
- Utilities
- 1.2%
- Real Estate
- 1.0%
- Cash
- 0.8%
How it has done
DLCFX share class · total returns with dividends reinvested
Volatility over the last 12 months: 11.79%. Past returns are a record, not a forecast.
The 2 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.85% | +21.92% | +73.95% | +64.29% | -8.60% | |
| 0.70% | +22.13% | +74.70% | +65.65% | -8.50% |
These classes hold the same portfolio, so the 1.36pp spread over 5 years is the cost difference between them — roughly 0.27pp a year — not a difference in what they own.
Fees & fund details
Destinations Large Cap Equity Fund is an actively managed U.S. equity fund. 21% of DLCFX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 91% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.70% – 0.85%· DLCFX 0.85%
- Portfolio turnover
- 98.00% a year · as of 2026 Q2
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
17 new· the largest 8
18 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
This fund filed the credit-spread disclosure and reported no sensitivity — measured, and the answer is none.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | -0.00 | +0.00 | +0.00 | $0 | $0 |
| 1 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 5 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 10 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Duration contribution in years, summing to the fund's -0.00 yr.
This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
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