Dunham Floating Rate Bond Fund Class N (DNFRX)

Fund Assets	251.51M
Expense Ratio	1.09%
Min. Investment	$100,000
Turnover	45.00%
Dividend (ttm)	0.63
Dividend Yield	7.64%
Dividend Growth	-1.35%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.24
YTD Return	2.81%
1-Year Return	3.75%
5-Year Return	29.13%
52-Week Low	8.24
52-Week High	8.62
Beta (5Y)	0.33
Holdings	279
Inception Date	Nov 1, 2013

About DNFRX

Dunham Floating Rate Bond Fund Class N is a mutual fund focused on generating a high level of current income, with capital appreciation considered a secondary objective. It primarily invests in a diversified portfolio of floating-rate bank loans and floating-rate, below investment-grade securities. These instruments typically pay interest rates that adjust periodically, often linked to key benchmarks such as LIBOR or SOFR, which can make them less sensitive to interest rate changes than traditional fixed-rate bonds. The fund’s investment strategy places it within the bank loan category, emphasizing exposure to senior bank loans, which may present higher credit risks but often offer elevated yields in compensation. The fund's portfolio includes both corporate loans and securitized assets, and it is structured for institutional investors due to its higher minimum investment requirement. In the broader financial market, this fund plays a role in providing income-oriented investors access to the leveraged loan market, which can be attractive in fluctuating interest rate environments, while also incorporating the associated risks of credit and liquidity inherent to such securities.

• Fund Family: Dunham Funds
• Category: Bank Loan
• Performance Rating: Average
• Risk Rating: Above 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 3.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.61%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
DAFRX	Class A	1.34%
DCFRX	Class C	1.84%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0504	Oct 1, 2026
Aug 31, 2026	$0.0471	Sep 1, 2026
Jul 31, 2026	$0.0488	Aug 3, 2026
Jun 30, 2026	$0.0496	Jul 1, 2026
May 29, 2026	$0.048	Jun 1, 2026
Apr 30, 2026	$0.054	May 1, 2026

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:

Oct 16, 2026

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