Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers. The strategy changed its peer group in February, moving from the Macro Trading category to the Tactical Allocation Morningstar Category.
Dunham Dynamic Macro A DAAVX
- NAV / 1-Day Return 11.80 / +0.43 %
- Total Assets 64.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.060%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Tactical Allocation
- Investment Style Large Growth
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 1.32%
- Turnover 118%
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:14 PM GMT+0
Morningstar’s Analysis DAAVX
Will DAAVX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 47.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Currency Contracts | 12.77 | 7.5 Mil | Derivative |
Morgan Stanley Instl Lqudty Govt Instl | 12.01 | 7.0 Mil | Cash and Equivalents |
SPDR® S&P 500 ETF Trust | 11.15 | 6.5 Mil | — |
Invesco NASDAQ 100 ETF | 9.20 | 5.4 Mil | — |
United States Treasury Notes 1% | 8.27 | 4.8 Mil | Government |
Currency | 5.60 | 3.3 Mil | Cash and Equivalents |
SPDR® EURO STOXX 50 ETF | 5.09 | 3.0 Mil | — |
Franklin FTSE United Kingdom ETF | 4.60 | 2.7 Mil | — |
Franklin FTSE Japan ETF | 4.17 | 2.4 Mil | — |
United States Treasury Notes 0.375% | 3.36 | 2.0 Mil | Government |