Dunham Floating Rate Bond Fund Class N (DNFRX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.58
0.00 (0.00%)
Jun 5, 2025, 4:00 PM EDT
-1.27% (1Y)
| Fund Assets | 123.81M |
| Expense Ratio | 1.03% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 8.08% |
| Dividend Growth | -16.72% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 8.58 |
| YTD Return | 2.12% |
| 1-Year Return | 6.10% |
| 5-Year Return | 32.88% |
| 52-Week Low | 8.33 |
| 52-Week High | 8.74 |
| Beta (5Y) | n/a |
| Holdings | 254 |
| 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
Performance Rating Average
Risk Rating Average
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 6.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.52%.
Top 10 Holdings
17.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Government Portfolio | FIGXX | 6.66% |
| Bain Cap Cr Clo 2021-7 FRN 10.77238% | n/a | 1.71% |
| Neptune Bidco Us Inc. Floating Rate Due 04/11/2029 | n/a | 1.47% |
| Bluemountain Clo XXXII Ltd. 10.8561% | n/a | 1.31% |
| BLUEMOUNTAIN CLO XXXIII LTD 11.41353% | n/a | 1.21% |
| Zayo Group Holdings Inc. Floating Rate Due 02/21/2027 | n/a | 1.14% |
| Wind River 2019-3 Clo Ltd / Llc 11.26771% | n/a | 1.03% |
| Milano Acquisition Corporation Floating Rate Due 08/17/2027 | n/a | 1.00% |
| Bain Capital Credit Clo 2021-1 Ltd. 10.56947% | n/a | 0.88% |
| Nexus Buyer Llc Floating Rate Due 07/31/2031 | n/a | 0.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 27, 2024 | $0.0717 | Dec 30, 2024 |