Dunham Monthly Distribution Fund (DAMDX) belongs to the Event Driven category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with DAMDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DAMDX
DAMDX charges 2.38% annually. There are 15 mutual funds in the Event Driven category with lower expense ratios, going as low as 0.79%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli ABC Fund | 0.79% | — | May 1993 | DAMDX vs GABCX | |
| Gabelli Enterprise Mergers and Acquisitions Fund | 1.01% | — | Feb 2001 | DAMDX vs EMAYX | |
| BlackRock Event Driven Equity Fund | 1.16% | — | Dec 2007 | DAMDX vs BILPX | |
| The Merger Fund Class I | 1.32% | — | Aug 2013 | DAMDX vs MERIX | |
| The Arbitrage Fund | 1.43% | — | Sep 2000 | DAMDX vs ARBFX |
Best Risk-Adjusted Alternatives to DAMDX
DAMDX has a PortfoliosLab risk / return rank of 87. There are 7 mutual funds in the Event Driven category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | 99 | — | Oct 2015 | DAMDX vs VARBX | |
| NexPoint Merger Arbitrage Fund | 99 | — | Aug 2016 | DAMDX vs HMEZX | |
| The Merger Fund Class I | 98 | — | Aug 2013 | DAMDX vs MERIX | |
| The Merger Fund | 97 | — | Jan 1989 | DAMDX vs MERFX | |
| The Arbitrage Fund Class Institutional | 97 | — | Oct 2003 | DAMDX vs ARBNX |
Top Performing DAMDX Alternatives (YTD)
DAMDX is at 1.32% YTD. There are 14 mutual funds in the Event Driven category with higher YTD returns, going as high as 8.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Enterprise Mergers and Acquisitions Fund | 8.11% | — | Feb 2001 | DAMDX vs EMAYX | |
| Water Island Event-Driven Fund | 4.38% | — | Sep 2010 | DAMDX vs AEDNX | |
| Gabelli ABC Fund | 3.59% | — | May 1993 | DAMDX vs GABCX | |
| Camelot Event-Driven Fund Institutional Class | 3.58% | — | Jun 2010 | DAMDX vs EVDIX | |
| Camelot Event Driven Fund Class A | 3.44% | — | Nov 2003 | DAMDX vs EVDAX |
Lowest Volatility Alternatives to DAMDX
DAMDX has 1.87% 1-year volatility. There are 4 mutual funds in the Event Driven category with lower 1-year volatility, going as low as 1.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | 1.00% | — | Oct 2015 | DAMDX vs VARBX | |
| NexPoint Merger Arbitrage Fund | 1.25% | — | Aug 2016 | DAMDX vs HMEZX | |
| The Merger Fund Class I | 1.49% | — | Aug 2013 | DAMDX vs MERIX | |
| The Merger Fund | 1.54% | — | Jan 1989 | DAMDX vs MERFX | |
| The Arbitrage Fund | 1.88% | — | Sep 2000 | DAMDX vs ARBFX |
Lowest Drawdown Alternatives to DAMDX
DAMDX has a 1-year max drawdown of -1.17%. There are 6 mutual funds in the Event Driven category with shallower 1-year drawdowns, going as shallow as -0.28%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | -0.28% | — | Oct 2015 | DAMDX vs VARBX | |
| The Merger Fund Class I | -0.47% | — | Aug 2013 | DAMDX vs MERIX | |
| The Merger Fund | -0.52% | — | Jan 1989 | DAMDX vs MERFX | |
| NexPoint Merger Arbitrage Fund | -0.55% | — | Aug 2016 | DAMDX vs HMEZX | |
| The Arbitrage Fund | -0.88% | — | Sep 2000 | DAMDX vs ARBFX |
Other Mutual Funds from Dunham
The 10 most viewed Dunham mutual funds shown here include DCINX, DCAIX, DAIOX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Dunham International Stock Fund | Foreign Large Cap Equities | 89 | 22.83% | — | Dec 2004 | DAMDX vs DCINX | |
| Dunham Long/Short Credit Fund | Nontraditional Bonds | 80 | 0.80% | — | Dec 2004 | DAMDX vs DCAIX | |
| Dunham International Opportunity Bond Fund | Global Bonds | 36 | 2.16% | — | Oct 2013 | DAMDX vs DAIOX | |
| Dunham Small Cap Growth Fund | Small Cap Growth Equities | 40 | 13.94% | — | Dec 2004 | DAMDX vs DCDGX | |
| Dunham Dynamic Macro Fund | Multistrategy | 6 | 0.36% | — | Apr 2010 | DAMDX vs DNAVX | |
| Dunham Large Cap Value Fund | Large Cap Value Equities | 89 | 14.69% | — | Dec 2004 | DAMDX vs DCLVX | |
| Dunham Real Estate Stock Fund | REIT | 26 | 15.86% | — | Dec 2004 | DAMDX vs DCREX | |
| Dunham Small Cap Value Fund | Small Cap Value Equities | 86 | 21.97% | — | Dec 2004 | DAMDX vs DCSVX | |
| Dunham Emerging Markets Stock Fund | Emerging Markets Equities | 39 | 17.08% | — | Dec 2004 | DAMDX vs DCEMX | |
| Dunham Focused Large Cap Growth Fund | Large Cap Growth Equities | 2 | -0.41% | — | Dec 2011 | DAMDX vs DAFGX |
Often Compared With DAMDX
Investors most often compare DAMDX with GDL, WCEIX, WCFRX. These 7 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| The GDL Fund | Event Driven | 51 | 2.42% | — | Jan 2007 | DAMDX vs GDL | |
| Virtus Westchester Event-Driven Fund | Event Driven | 48 | 1.55% | — | Jan 2014 | DAMDX vs WCEIX | |
| Virtus Westchester Credit Event Fund | Event Driven | 30 | 0.92% | — | Dec 2017 | DAMDX vs WCFRX | |
| BlackRock Event Driven Equity Fund Investor Class ... | Event Driven | 81 | 2.84% | — | Dec 2007 | DAMDX vs BALPX | |
| Dunham High Yield Bond Fund | High Yield Bonds | 38 | 0.47% | — | Jul 2005 | DAMDX vs DCHYX | |
| Dunham Corporate/Government Bond Fund | Intermediate Core-Plus Bond | 9 | -1.46% | — | Dec 2004 | DAMDX vs DCCGX | |
| Dunham Floating Rate Bond Fund | Bank Loan | 56 | 1.75% | — | Oct 2013 | DAMDX vs DAFRX |
Compare DAMDX with Any Fund or Stock
Compare DAMDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DAMDX with funds that move differently
Dunham Monthly Distribution Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DAMDX.
Explore DAMDX Diversifiers