Dunham Long/Short Credit Fund Class A (DAAIX)
| Fund Assets | 320.82M |
| Expense Ratio | 1.16% |
| Min. Investment | $5,000 |
| Turnover | 234.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.79% |
| Dividend Growth | -8.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 8.67 |
| YTD Return | 0.18% |
| 1-Year Return | 2.54% |
| 5-Year Return | 8.80% |
| 52-Week Low | 8.67 |
| 52-Week High | 8.81 |
| Beta (5Y) | 0.01 |
| Holdings | 81 |
| Inception Date | Jan 3, 2007 |
About DAAIX
Dunham Long/Short Credit Fund Class A is an actively managed mutual fund focused on corporate credit with a mandate to pursue total return through both current income and capital appreciation across market cycles. The strategy invests primarily in bonds of U.S. issuers and employs a long/short approach in credit, allowing the portfolio to take long positions in securities deemed undervalued and short positions in those viewed as overvalued to manage risk and seek return in varying environments. The fund may allocate to lower-rated, high-yield bonds and privately issued or Rule 144A securities, introducing higher credit and liquidity risks alongside the potential for enhanced income. Its design emphasizes flexibility across credit quality, sectors, and maturities, with awareness of duration and turnover considerations that can affect price volatility and trading costs. By blending directional and relative-value credit positioning, Dunham Long/Short Credit Fund Class A aims to provide a differentiated fixed income profile that can complement traditional bond holdings within a diversified portfolio, particularly when credit spreads or interest-rate dynamics shift.
Performance
DAAIX had a total return of 2.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.60%.
Top 10 Holdings
70.23% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | B.0 04.09.26 | 14.18% |
| United States Treasury Bills 0% | B.0 06.11.26 | 14.18% |
| United States Treasury Bills 0% | B.0 05.05.26 | 14.03% |
| United States Treasury Bills 0% | B.0 02.12.26 | 13.80% |
| Cash | n/a | 3.95% |
| United States Treasury Notes 3.625% | T.3.625 12.31.30 | 2.35% |
| United States Treasury Bonds 4.75% | T.4.75 08.15.55 | 2.34% |
| First American Government Obligations Fund | FGXXX | 1.93% |
| United States Treasury Notes 4% | T.4 11.15.35 | 1.84% |
| Vistra Operations Co LLC 4.3% | VST.4.3 10.15.28 144A | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.029 | Apr 1, 2026 |
| Feb 27, 2026 | $0.0251 | Mar 2, 2026 |
| Jan 30, 2026 | $0.0309 | Feb 2, 2026 |
| Dec 29, 2025 | $0.0288 | Dec 30, 2025 |
| Nov 28, 2025 | $0.0233 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0325 | Nov 3, 2025 |