# Dunham Monthly Distribution Fund (DNMDX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dnmdx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2008-09-29 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, forwar... ## Key Facts | Metric | Value | |---|---| | Price | $28.35 | | Expense Ratio | 2.03% | | Assets Under Management | $318.1M | | NAV | $28.35 | | Holdings Count | — | | Distribution Yield (TTM) | 6.92% | | Annual Distribution (TTM) | $1.96 /share | | Distribution Frequency | Monthly | | 52-Week Range | $28.27 – $29.21 | | Beta | 0.08 | ## Latest Distribution - Amount: $0.1651 /share - Ex-date: 2026-09-30 - Pay date: 2026-10-01 ## Frequently Asked Questions ### 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 $318.1M 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. ### Does DNMDX pay a dividend? Dunham Monthly Distribution Fund (DNMDX) currently distributes little or no income. Trailing-twelve-month yield is 6.92%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DNMDX pay dividends? Dunham Monthly Distribution Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DNMDX's dividend yield? DNMDX's trailing-twelve-month yield is 6.92%, calculated from the sum of dividends over the past year divided by the current price. ### When is DNMDX's next ex-dividend date? The most recently announced ex-dividend date for DNMDX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will DNMDX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 2.03% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DNMDX charge its expense ratio? The expense ratio is deducted in tiny daily slices from DNMDX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DNMDX cost more than a fund like VOO? DNMDX is actively managed (current expense ratio 2.03%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether DNMDX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to DNMDX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as DNMDX (2.03%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/dnmdx - Distribution history: https://www.dividenddata.com/funds/dnmdx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dnmdx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dnmdx/expenses - Peer comparison: https://www.dividenddata.com/funds/dnmdx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.