Dunham Monthly Distribution Fund (DAMDX)
The investment seeks to provide positive returns in rising and falling market environments. The sub-adviser seeks to achieve attractive absolute returns by utilizing an event driven strategy across a diversified set of equities while actively managing risk to preserve capital, minimize volatility, and maintain liquidity. The sub-adviser generally seeks to accomplish this objective by investing in equities (including common stock, initial public offerings (“IPOs”) and other new issues) and equity-related securities (including preferred stock, options, swaps, forwards and warrants) across a diversified range of industries.
Fund Info
| ISIN | US2654586468 |
|---|---|
| CUSIP | 265458646 |
| Issuer | Dunham |
| Inception Date | Jul 31, 2008 |
| Category | Event Driven |
| Min. Investment | $5,000 |
| Asset Class | Alternatives |
Expense Ratio
DAMDX has a high expense ratio of 2.38%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Dunham Monthly Distribution Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Dunham Monthly Distribution Fund had a return of -0.09% year-to-date (YTD) and 4.49% in the last 12 months. Over the past 10 years, Dunham Monthly Distribution Fund had an annualized return of 1.57%, while the S&P 500 had an annualized return of 10.41%, indicating that Dunham Monthly Distribution Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.09% | 6.17% |
| 1 month | -0.30% | -2.72% |
| 6 months | 3.01% | 17.29% |
| 1 year | 4.49% | 23.80% |
| 5 years (annualized) | 1.25% | 11.47% |
| 10 years (annualized) | 1.57% | 10.41% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.35% | -0.19% | 0.86% | -0.85% | ||||||||
| 2023 | -1.13% | 1.72% | 1.47% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DAMDX is 54, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Dunham Monthly Distribution Fund(DAMDX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Dunham Monthly Distribution Fund (DAMDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Dunham Monthly Distribution Fund granted a 9.19% dividend yield in the last twelve months. The annual payout for that period amounted to $2.50 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.50 | $2.47 | $1.58 | $1.07 | $1.16 | $1.81 | $1.76 | $1.51 | $1.25 | $1.54 | $1.36 | $1.82 |
Dividend yield | 9.19% | 8.78% | 5.35% | 3.47% | 3.64% | 5.47% | 5.28% | 4.27% | 3.55% | 4.39% | 3.62% | 4.85% |
Monthly Dividends
The table displays the monthly dividend distributions for Dunham Monthly Distribution Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.21 | $0.21 | $0.21 | $0.21 | ||||||||
| 2023 | $0.19 | $0.20 | $0.20 | $0.20 | $0.21 | $0.20 | $0.21 | $0.21 | $0.21 | $0.21 | $0.21 | $0.21 |
| 2022 | $0.09 | $0.09 | $0.09 | $0.09 | $0.11 | $0.12 | $0.14 | $0.14 | $0.17 | $0.16 | $0.18 | $0.19 |
| 2021 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 |
| 2020 | $0.14 | $0.13 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 |
| 2019 | $0.16 | $0.16 | $0.16 | $0.15 | $0.16 | $0.16 | $0.16 | $0.15 | $0.14 | $0.14 | $0.13 | $0.13 |
| 2018 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.15 | $0.15 | $0.15 | $0.15 | $0.16 | $0.15 | $0.16 |
| 2017 | $0.11 | $0.11 | $0.12 | $0.12 | $0.12 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.14 |
| 2016 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.11 | $0.10 | $0.10 | $0.11 | $0.11 | $0.10 | $0.11 |
| 2015 | $0.10 | $0.10 | $0.21 | $0.21 | $0.21 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.11 |
| 2014 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.11 | $0.11 | $0.11 | $0.11 | $0.10 | $0.10 | $0.21 |
| 2013 | $0.10 | $0.10 | $0.10 | $0.10 | $0.11 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.68 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Dunham Monthly Distribution 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 Monthly Distribution Fund was 14.92%, occurring on Nov 20, 2008. Recovery took 262 trading sessions.
The current Dunham Monthly Distribution Fund drawdown is 0.51%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.92% | Oct 2, 2008 | 36 | Nov 20, 2008 | 262 | Dec 7, 2009 | 298 |
| -9.82% | Jun 4, 2015 | 175 | Feb 11, 2016 | 266 | Mar 3, 2017 | 441 |
| -9.08% | May 11, 2011 | 62 | Aug 8, 2011 | 130 | Feb 13, 2012 | 192 |
| -8.43% | Jun 8, 2021 | 260 | Jun 16, 2022 | 374 | Dec 12, 2023 | 634 |
| -6.42% | Feb 24, 2020 | 18 | Mar 18, 2020 | 203 | Jan 6, 2021 | 221 |
Volatility
Volatility Chart
The current Dunham Monthly Distribution Fund volatility is 1.59%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.