RCTRX vs. DCAIX

Last updated Apr 1, 2026

Compare and contrast key facts about Regan Total Return Income Fund (RCTRX) and Dunham Long/Short Credit Fund (DCAIX).

RCTRX is managed by Regan. It was launched on Sep 30, 2020. DCAIX is managed by Dunham Funds. It was launched on Dec 9, 2004.

Performance

RCTRX vs. DCAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Regan Total Return Income Fund (RCTRX) and Dunham Long/Short Credit Fund (DCAIX). The values are adjusted to include any dividend payments, if applicable.

RCTRX vs. DCAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
RCTRX Regan Total Return Income Fund	-0.15%	6.56%	6.81%	7.29%	-2.23%	6.89%	2.60%
DCAIX Dunham Long/Short Credit Fund	0.24%	2.47%	3.78%	0.60%	-2.64%	1.47%	1.18%

Returns By Period

In the year-to-date period, RCTRX achieves a -0.15% return, which is significantly lower than DCAIX's 0.24% return.

RCTRX

• 1D: 0.21%
• 1M: -1.24%
• YTD: -0.15%
• 6M: 1.37%
• 1Y: 4.84%
• 3Y*: 6.17%
• 5Y*: 4.42%
• 10Y*: —

DCAIX

• 1D: 0.12%
• 1M: -0.00%
• YTD: 0.24%
• 6M: 0.66%
• 1Y: 1.99%
• 3Y*: 3.22%
• 5Y*: 1.01%
• 10Y*: 3.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RCTRX vs. DCAIX - Expense Ratio Comparison

RCTRX has a 1.54% expense ratio, which is lower than DCAIX's 1.98% expense ratio.

DCAIX

Dunham Long/Short Credit Fund

RCTRX

Regan Total Return Income Fund

Return for Risk

RCTRX vs. DCAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RCTRX

RCTRX Risk / Return Rank: 94
RCTRX Sharpe Ratio Rank: 96
RCTRX Sortino Ratio Rank: 97
RCTRX Omega Ratio Rank: 95
RCTRX Calmar Ratio Rank: 92
RCTRX Martin Ratio Rank: 90

DCAIX

DCAIX Risk / Return Rank: 86
DCAIX Sharpe Ratio Rank: 76
DCAIX Sortino Ratio Rank: 74
DCAIX Omega Ratio Rank: 94
DCAIX Calmar Ratio Rank: 89
DCAIX Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RCTRX vs. DCAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Regan Total Return Income Fund (RCTRX) and Dunham Long/Short Credit Fund (DCAIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	RCTRX	DCAIX	Difference
Sharpe ratio Return per unit of total volatility	2.49	1.37	+1.12
Sortino ratio Return per unit of downside risk	3.67	1.84	+1.83
Omega ratio Gain probability vs. loss probability	1.52	1.47	+0.05
Calmar ratio Return relative to maximum drawdown	2.80	2.48	+0.33
Martin ratio Return relative to average drawdown	10.24	14.20	-3.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RCTRX vs. DCAIX - Sharpe Ratio Comparison

The current RCTRX Sharpe Ratio is 2.49, which is higher than the DCAIX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of RCTRX and DCAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RCTRX	DCAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	1.37	+1.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.01	0.64	+1.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.34	0.24	+2.09

Correlation

The correlation between RCTRX and DCAIX is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

RCTRX vs. DCAIX - Dividend Comparison

RCTRX's dividend yield for the trailing twelve months is around 4.69%, more than DCAIX's 3.44% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RCTRX Regan Total Return Income Fund	4.69%	4.40%	5.79%	5.98%	5.28%	10.59%	4.98%	0.00%	0.00%	0.00%	0.00%	0.00%
DCAIX Dunham Long/Short Credit Fund	3.44%	3.79%	3.72%	4.04%	2.63%	2.25%	2.39%	2.27%	1.31%	1.33%	2.28%	5.72%

Drawdowns

RCTRX vs. DCAIX - Drawdown Comparison

The maximum RCTRX drawdown since its inception was -4.66%, smaller than the maximum DCAIX drawdown of -46.34%. Use the drawdown chart below to compare losses from any high point for RCTRX and DCAIX.

Drawdown Indicators

	RCTRX	DCAIX	Difference
Max Drawdown Largest peak-to-trough decline	-4.66%	-46.34%	+41.68%
Max Drawdown (1Y) Largest decline over 1 year	-1.46%	-0.84%	-0.62%
Max Drawdown (5Y) Largest decline over 5 years	-4.66%	-5.45%	+0.79%
Max Drawdown (10Y) Largest decline over 10 years	—	-6.53%	—
Current Drawdown Current decline from peak	-1.24%	-0.10%	-1.14%
Average Drawdown Average peak-to-trough decline	-0.58%	-6.02%	+5.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.40%	0.15%	+0.25%

Volatility

RCTRX vs. DCAIX - Volatility Comparison

Regan Total Return Income Fund (RCTRX) has a higher volatility of 0.59% compared to Dunham Long/Short Credit Fund (DCAIX) at 0.30%. This indicates that RCTRX's price experiences larger fluctuations and is considered to be riskier than DCAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RCTRX	DCAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.59%	0.30%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	1.11%	0.71%	+0.40%
Volatility (1Y) Calculated over the trailing 1-year period	1.96%	1.45%	+0.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.22%	1.57%	+0.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.20%	4.07%	-1.87%