Dunham High Yield Bond Fund (DCHYX)
The investment seeks to provide a high level of current income, with capital appreciation as a secondary goal. Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) in debt securities and convertible securities rated below investment grade (rated BB+ or lower) by S&P or comparably rated by another nationally recognized statistical rating organization (NRSRO), also known as "high-yield" or "junk" bonds, and in unrated debt securities determined by the Sub-Adviser to be of comparable quality.
Fund Info
ISIN | US2654585056 |
---|---|
CUSIP | 265458505 |
Issuer | Dunham |
Inception Date | Jul 1, 2005 |
Category | High Yield Bonds |
Min. Investment | $5,000 |
Asset Class | Bond |
Expense Ratio
DCHYX has a high expense ratio of 1.92%, 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 High Yield Bond 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 High Yield Bond Fund had a return of 1.44% year-to-date (YTD) and 11.22% in the last 12 months. Over the past 10 years, Dunham High Yield Bond Fund had an annualized return of 3.06%, while the S&P 500 had an annualized return of 10.64%, indicating that Dunham High Yield Bond Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 1.44% | 7.50% |
1 month | 0.49% | -1.61% |
6 months | 6.96% | 17.65% |
1 year | 11.22% | 26.26% |
5 years (annualized) | 3.51% | 11.73% |
10 years (annualized) | 3.06% | 10.64% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.22% | 0.17% | 1.14% | -1.04% | ||||||||
2023 | -1.52% | 4.43% | 3.37% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of DCHYX is 92, placing it in the top 8% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Dunham High Yield Bond Fund(DCHYX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Dunham High Yield Bond Fund (DCHYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Dunham High Yield Bond Fund granted a 5.32% dividend yield in the last twelve months. The annual payout for that period amounted to $0.45 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.45 | $0.47 | $0.42 | $0.30 | $0.35 | $0.38 | $0.39 | $0.33 | $0.39 | $0.37 | $0.39 | $0.39 |
Dividend yield | 5.32% | 5.47% | 5.36% | 3.26% | 3.74% | 4.17% | 4.70% | 3.66% | 4.40% | 4.32% | 4.24% | 4.13% |
Monthly Dividends
The table displays the monthly dividend distributions for Dunham High Yield Bond 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 | $0.01 | $0.03 | $0.04 | $0.04 | ||||||||
2023 | $0.03 | $0.03 | $0.03 | $0.05 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.03 | $0.08 |
2022 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.10 |
2021 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 |
2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 |
2017 | $0.00 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 |
2015 | $0.02 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 |
2013 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
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 High Yield 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 High Yield Bond Fund was 27.67%, occurring on Dec 15, 2008. Recovery took 245 trading sessions.
The current Dunham High Yield Bond Fund drawdown is 0.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-27.67% | Jun 5, 2007 | 386 | Dec 15, 2008 | 245 | Dec 4, 2009 | 631 |
-18.26% | Feb 24, 2020 | 21 | Mar 23, 2020 | 94 | Aug 5, 2020 | 115 |
-15.01% | Dec 29, 2021 | 190 | Sep 29, 2022 | 304 | Dec 14, 2023 | 494 |
-11.58% | Jul 9, 2014 | 403 | Feb 11, 2016 | 143 | Sep 6, 2016 | 546 |
-7.01% | May 17, 2011 | 99 | Oct 5, 2011 | 77 | Jan 26, 2012 | 176 |
Volatility
Volatility Chart
The current Dunham High Yield Bond Fund volatility is 1.43%, 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.