Dunham Floating Rate Bond Fund Class N (DNFRX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.63
+0.01 (0.12%)
Jul 3, 2025, 4:00 PM EDT
0.00% (1Y)
| Fund Assets | 123.81M |
| Expense Ratio | 1.03% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 7.89% |
| Dividend Growth | -16.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 8.62 |
| YTD Return | 3.30% |
| 1-Year Return | 7.31% |
| 5-Year Return | 35.86% |
| 52-Week Low | 8.33 |
| 52-Week High | 8.74 |
| Beta (5Y) | n/a |
| Holdings | 266 |
| Inception Date | Nov 1, 2013 |
About DNFRX
The Fund's investment strategy focuses on Loan Participation with 1.0% total expense ratio. The minimum amount to invest in Dunham Funds: Dunham Floating Rate Bond Fund; Class N Shares is $100,000 on a standard taxable account. Dunham Funds: Dunham Floating Rate Bond Fund; Class N 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.
Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol DNFRX
Share Class Class N
Index Morningstar LSTA US Leveraged Loan TR USD
Performance
DNFRX had a total return of 7.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.60%.
Top 10 Holdings
21.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Government Portfolio | FIGXX | 11.11% |
| BLUEMOUNTAIN CLO XXXIII LTD 11.4136% | BLUEM.2021-33A E | 1.86% |
| Bain Cap Cr Clo 2021-7 FRN 10.77238% | BCC.2021-7A ER | 1.60% |
| Neptune Bidco Us Inc. Floating Rate Due 04/11/2029 | n/a | 1.39% |
| Bluemountain Clo XXXII Ltd. 10.8561% | BLUEM.2021-32A ER | 1.20% |
| Zayo Group Holdings Inc. Floating Rate Due 02/21/2027 | n/a | 1.04% |
| Wind River 2019-3 Clo Ltd / Llc 11.26771% | WINDR.2019-3A E2R | 0.93% |
| Milano Acquisition Corporation Floating Rate Due 08/17/2027 | n/a | 0.92% |
| Petco Health & Wellness Company Inc. Floating Rate Due 02/25/2028 | n/a | 0.82% |
| Bain Capital Credit Clo 2021-1 Ltd. 10.56947% | BCC.2021-1A ER | 0.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.049 | Jul 1, 2025 |
| May 30, 2025 | $0.0477 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0604 | May 1, 2025 |
| Mar 31, 2025 | $0.0494 | Apr 1, 2025 |
| Feb 28, 2025 | $0.0459 | Mar 3, 2025 |
| Jan 31, 2025 | $0.0472 | Feb 3, 2025 |