About DNMDX
The Dunham Monthly Distribution Fund is a mutual fund designed to deliver regular income through twelve monthly distributions each year. Its primary function is to provide positive returns in both rising and falling market conditions by employing a diverse set of absolute-return strategies. These strategies include short selling, option writing, merger arbitrage, and positions across a broad spectrum of event-driven opportunities, such as corporate actions, restructurings, and atypical market events. The fund invests in a diversified array of equity and credit securities, with a notable allocation to sectors like industrials, telecommunications, information technology, health care, consumer staples, and materials. A significant portion of assets may also be held in cash to mitigate risk and support tactical positioning. By focusing on event-driven strategies, the Dunham Monthly Distribution Fund seeks to generate returns that are less correlated with traditional equity or bond markets, making it a potential diversifier within a broader portfolio. The fund’s monthly payout structure is particularly suited to investors seeking steady cash flow from their investments.
Fund Family Dunham Funds
Category Event Driven
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol DNMDX
Share Class Class N
Index Index is not available on Lipper Database
DNMDX had a total return of 4.60% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.33%.
