Dunham Emerging Markets Stock Fund Class N (DNEMX)

Fund Assets	103.18M
Expense Ratio	1.21%
Min. Investment	$100,000
Turnover	107.00%
Dividend (ttm)	0.45
Dividend Yield	2.11%
Dividend Growth	2,247.12%
Payout Frequency	Annual
Ex-Dividend Date	Dec 29, 2025

Previous Close	21.53
YTD Return	22.63%
1-Year Return	36.68%
5-Year Return	30.85%
52-Week Low	15.95
52-Week High	23.96
Beta (5Y)	0.72
Holdings	85
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.

• Fund Family: Dunham Funds
• Category: Diversified Emerging Mkts
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: DNEMX
• Share Class: Class N
• Index: MSCI EM (Emerging Markets) NR USD

Performance

DNEMX had a total return of 36.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.15%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DAEMX	Class A	1.46%
DCEMX	Class C	2.21%

Top 10 Holdings

44.74% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	14.59%
Samsung Electronics Co., Ltd.	005930	8.12%
SK hynix Inc.	000660	4.19%
SK Square Co., Ltd.	402340	4.16%
MediaTek Inc.	2454	2.96%
Tencent Holdings Limited	0700	2.83%
ASE Technology Holding Co., Ltd.	3711	2.10%
Samsung C&T Corporation	028260	1.97%
Delta Electronics, Inc.	2308	1.91%
HDFC Bank Limited	HDB	1.90%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 29, 2025	$0.4483	Dec 30, 2025
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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