PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
Dunham Floating Rate Bond Fund (DAFRX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Dunham Floating Rate Bond Fund (DAFRX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

The fund's sub-adviser seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of the fund's assets (defined as net assets plus borrowings for investment purposes) in bonds. It will invest up to 20% of total assets in fixed-rate corporate bonds of any maturity generally rated below investment-grade (BB and lower, or an equivalent rating) or are not rated by a nationally recognized statistical rating organization (NRSRO), also known as “high-yield” or “junk” loans.

Fund Info

ISIN

US2654584307

CUSIP

265458430

Issuer

Dunham Funds

Inception Date

Oct 31, 2013

Category

Bank Loan

Min. Investment

$5,000

Asset Class

Bond

Expense Ratio

DAFRX has a high expense ratio of 1.29%, indicating above-average management fees.

Share Price Chart

Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Dunham Floating Rate Bond Fund

Popular comparisons:
DAFRX vs. VOO
Popular comparisons:
DAFRX vs. VOO

Performance

Performance Chart

Loading data...

S&P 500

Returns By Period

Dunham Floating Rate Bond Fund (DAFRX) returned 1.85% year-to-date (YTD) and 6.78% over the past 12 months. Over the past 10 years, DAFRX returned 3.61% annually, underperforming the S&P 500 benchmark at 10.84%.

DAFRX

YTD

1.85%

1M

1.76%

6M

2.35%

1Y

6.78%

3Y*

7.99%

5Y*

6.08%

10Y*

3.61%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of DAFRX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.88%0.28%-0.95%-0.13%1.78%1.85%
20241.03%0.48%0.54%0.26%0.77%0.23%0.85%0.75%0.89%0.64%1.08%0.35%8.16%
20232.92%0.24%-0.39%1.18%-0.57%2.46%1.52%1.56%0.44%-0.42%1.41%2.07%13.06%
20220.18%-0.79%-0.02%-0.35%-2.58%-2.71%2.17%1.45%-2.83%1.39%1.46%0.21%-2.55%
20210.90%0.33%-0.09%0.50%0.45%0.37%-0.09%0.35%0.46%-0.07%-0.29%0.65%3.51%
20200.37%-1.58%-11.27%3.38%3.14%0.28%1.61%1.23%0.17%0.11%1.99%1.35%-0.07%
20192.46%1.40%-0.31%1.64%-0.48%0.05%0.70%-0.15%0.37%-0.51%0.43%1.40%7.18%
20180.74%0.01%-0.04%0.31%0.04%-0.17%0.81%0.32%0.58%-0.18%-1.07%-2.38%-1.06%
20170.35%0.46%-0.09%0.37%0.33%-0.21%0.72%-0.36%0.31%0.49%-0.07%0.38%2.71%
2016-0.31%0.01%1.96%1.45%0.50%-0.34%1.22%0.53%0.53%0.40%0.19%1.03%7.39%
20150.20%1.59%0.16%0.77%-0.03%-0.30%0.22%-0.66%-0.60%-0.10%-0.84%-0.69%-0.31%
20140.40%0.16%0.20%-0.09%0.42%0.44%-0.28%0.24%-0.93%0.46%0.15%-1.09%0.06%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 95, DAFRX is among the top 5% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of DAFRX is 9595
Overall Rank
The Sharpe Ratio Rank of DAFRX is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of DAFRX is 9595
Sortino Ratio Rank
The Omega Ratio Rank of DAFRX is 9898
Omega Ratio Rank
The Calmar Ratio Rank of DAFRX is 9292
Calmar Ratio Rank
The Martin Ratio Rank of DAFRX is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Dunham Floating Rate Bond Fund (DAFRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Dunham Floating Rate Bond Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 3.07
  • 5-Year: 2.65
  • 10-Year: 1.07
  • All Time: 1.06

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Dunham Floating Rate Bond Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Dunham Floating Rate Bond Fund provided a 8.10% dividend yield over the last twelve months, with an annual payout of $0.70 per share.

3.00%4.00%5.00%6.00%7.00%8.00%9.00%$0.00$0.20$0.40$0.60$0.8020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.70$0.75$0.78$0.49$0.29$0.30$0.41$0.40$0.32$0.32$0.30$0.31

Dividend yield

8.10%8.70%8.91%5.75%3.14%3.29%4.36%4.30%3.30%3.32%3.14%3.18%

Monthly Dividends

The table displays the monthly dividend distributions for Dunham Floating Rate Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.05$0.04$0.05$0.06$0.00$0.20
2024$0.06$0.07$0.06$0.06$0.07$0.06$0.07$0.07$0.06$0.06$0.05$0.07$0.75
2023$0.04$0.05$0.08$0.06$0.06$0.08$0.07$0.07$0.07$0.06$0.06$0.08$0.78
2022$0.03$0.03$0.03$0.03$0.03$0.04$0.03$0.04$0.05$0.05$0.05$0.09$0.49
2021$0.02$0.02$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.04$0.29
2020$0.04$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.04$0.30
2019$0.04$0.03$0.03$0.04$0.03$0.04$0.04$0.04$0.04$0.03$0.03$0.04$0.41
2018$0.02$0.02$0.03$0.03$0.03$0.03$0.04$0.04$0.04$0.03$0.03$0.05$0.40
2017$0.02$0.04$0.03$0.03$0.03$0.03$0.02$0.03$0.02$0.02$0.02$0.04$0.32
2016$0.02$0.02$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.04$0.32
2015$0.02$0.02$0.03$0.03$0.03$0.03$0.02$0.03$0.02$0.02$0.03$0.03$0.30
2014$0.02$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.03$0.03$0.04$0.03$0.31

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

Loading data...

Worst Drawdowns

The table below displays the maximum drawdowns of the Dunham Floating Rate Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Dunham Floating Rate Bond Fund was 19.42%, occurring on Mar 23, 2020. Recovery took 203 trading sessions.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.42%Jan 22, 202043Mar 23, 2020203Jan 11, 2021246
-7.08%Jan 24, 2022113Jul 6, 2022147Feb 3, 2023260
-3.99%May 28, 2015180Feb 11, 201665May 16, 2016245
-3.84%Oct 23, 201844Dec 26, 201867Apr 3, 2019111
-3.34%Feb 28, 202527Apr 7, 202524May 12, 202551
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading data...