Dunham Monthly Distribution Fund

Frequently Asked Questions About DNMDX

What does DNMDX invest in?

The sub-adviser aims to achieve strong, standalone returns through an event-driven investment approach, spread across a varied portfolio of equities. A core principle of this strategy is the proactive management of risk, focusing on safeguarding invested capital, minimizing market fluctuations, and ensuring sufficient liquidity. This objective is typically met by allocating funds to a broad spectrum of equity instruments, including common stock, initial public offerings (IPOs), and other newly issued securities, as well as equity-linked assets such as preferred stock, options, swaps, forwards, and warrants, all diversified across numerous industrial sectors.

What is the expense ratio of DNMDX?

Dunham Monthly Distribution Fund (DNMDX) charges an expense ratio of 2.03%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DNMDX?

Dunham Monthly Distribution Fund (DNMDX) manages $308.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DNMDX actively managed or an index fund?

DNMDX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DNMDX's is 2.03%) in exchange for the discretion to over- or under-weight positions.

When was DNMDX launched?

Dunham Monthly Distribution Fund (DNMDX) launched in September 2008 and is managed by the fund issuer.

How has DNMDX performed?

DNMDX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.