About DNAVX
Dunham Dynamic Macro Fund Class N is a mutual fund specializing in tactical allocation, aiming to maximize total return through capital appreciation and dividend income, while prioritizing capital preservation during market downturns. The fund employs an active, macro-driven asset allocation strategy, dynamically adjusting exposure across a wide range of asset classes—including domestic and foreign equities, fixed income, commodities, real estate investment trusts (REITs), and currencies. Notably, the strategy includes both long and short positions, seeking to capture opportunities and manage risk in varying market conditions. The fund typically exhibits a modest bias toward sectors like technology, and maintains diversified holdings that may include U.S. and international ETFs, government securities, and currency contracts. With a minimum initial aggregate investment requirement and an expense ratio above the category average, it is targeted at institutional or high-net-worth investors. Its flexible, multi-asset approach positions it as a potential diversifier for portfolios seeking responsiveness to changing global economic environments.
Fund Family Dunham Funds
Category Tactical Allocation
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol DNAVX
Share Class Class N
Index Dow Jones Moderately Aggressive Index
DNAVX had a total return of 5.92% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.18%.
