Dunham Floating Rate Bond Fund Class A (DAFRX)
| Fund Assets | 218.12M |
| Expense Ratio | 1.34% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 7.21% |
| Dividend Growth | -10.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 8.26 |
| YTD Return | -1.11% |
| 1-Year Return | 3.68% |
| 5-Year Return | 25.51% |
| 52-Week Low | 8.25 |
| 52-Week High | 8.69 |
| Beta (5Y) | 0.14 |
| Holdings | 279 |
| Inception Date | Nov 1, 2013 |
About DAFRX
The Fund's investment strategy focuses on Loan Participation with 1.25% total expense ratio. The minimum amount to invest in Dunham Funds: Dunham Floating Rate Bond Fund; Class A Shares is $5,000 on a standard taxable account. Dunham Funds: Dunham Floating Rate Bond Fund; Class A Shares seeks high level of current income, with capital appreciation as a secondary goal. It will normally invest at least 80% of its assets in bonds, defined by the Fund as floating rate loans and other floating rate debt securities. The loans in which the Fund will primarily invest are non-investment grade bank loans.
Performance
DAFRX had a total return of 3.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.20%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFRCX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class C | 1.77% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class Z | 0.67% |
| FFRIX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class I | 0.77% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class M | 1.02% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income Fund | 0.73% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0511 | Apr 1, 2026 |
| Feb 27, 2026 | $0.0584 | Mar 2, 2026 |
| Jan 30, 2026 | $0.0387 | Feb 2, 2026 |
| Dec 29, 2025 | $0.0701 | Dec 30, 2025 |
| Nov 28, 2025 | $0.0446 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0582 | Nov 3, 2025 |