Dunham Emerging Markets Stock Fund Class N (DNEMX)
| Fund Assets | 123.22M |
| Expense Ratio | 1.26% |
| Min. Investment | $100,000 |
| Turnover | 70.00% |
| Dividend (ttm) | 0.02 |
| Dividend Yield | 0.12% |
| Dividend Growth | -82.08% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 16.05 |
| YTD Return | 15.93% |
| 1-Year Return | 19.30% |
| 5-Year Return | 16.37% |
| 52-Week Low | 12.54 |
| 52-Week High | 16.05 |
| Beta (5Y) | 0.61 |
| Holdings | 98 |
| Inception Date | Dec 10, 2004 |
About DNEMX
Dunham Emerging Markets Stock Fund Class N is a mutual fund that focuses on providing investors with exposure to equity securities in emerging market economies. Its primary objective is to maximize capital appreciation by investing predominantly in stocks listed on foreign exchanges within regions experiencing rapid economic development and industrialization. The fund is managed by NS Partners Ltd., a London-based investment firm with extensive experience overseeing global institutional portfolios. Dunham Emerging Markets Stock Fund Class N emphasizes diversification across countries and industries, aiming to capture growth opportunities in dynamic markets such as Asia, Latin America, Eastern Europe, and Africa. At least 80% of its assets are typically allocated to emerging market equities under normal conditions, reflecting its commitment to this asset class. The fund pays dividends annually, with capital gains distributed in December if applicable. It maintains a total expense ratio of approximately 1.24%, which covers management, advisory, and other operational costs. Since its inception in 2004, the fund has provided access to regions that can offer higher growth potential and diversification benefits compared to developed markets, making it suitable for investors seeking participation in the long-term expansion of global emerging economies.
Performance
DNEMX had a total return of 19.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.80%.
Top 10 Holdings
38.13% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 10.80% |
| Tencent Holdings Limited | 0700 | 6.26% |
| Alibaba Group Holding Limited | BABAF | 4.11% |
| Max Healthcare Institute Limited | MAXHEALTH | 2.92% |
| First American Government Obligations Fund | FGXXX | 2.88% |
| Samsung Electronics Co., Ltd. | 005930 | 2.41% |
| Xiaomi Corporation | 1810 | 2.32% |
| SK hynix Inc. | 000660 | 2.26% |
| Bharti Airtel Limited | BHARTIARTL | 2.13% |
| Axis Bank Limited | AXISBANK | 2.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.0191 | Dec 30, 2024 |
| Dec 27, 2023 | $0.1066 | Dec 28, 2023 |
| Dec 28, 2022 | $0.029 | Dec 29, 2022 |
| Dec 29, 2021 | $1.5837 | Dec 30, 2021 |
| Dec 30, 2020 | $0.0279 | Dec 30, 2020 |
| Dec 27, 2019 | $0.1276 | Dec 27, 2019 |