Skip to Content
Morningstar

Dunham Long/Short Credit Fund Class N DNAIX

Morningstar Medalist Rating
Medalist Rating as of | See Dunham Investment Hub
  • NAV / 1-Day Return 8.84  /  +0.11 %
  • Total Assets 202.4 Mil
  • Adj. Expense Ratio
    0.880%
  • Expense Ratio 0.880%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 4.64%
  • Effective Duration —

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 12:16 AM GMT+0

Morningstar’s Analysis DNAIX

Will DNAIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DNAIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DNAIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DNAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Dunham Long/ Short Credit Fund Class N's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings DNAIX

More DNAIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

13.32 23.0 Mil
Government

United States Treasury Bills 0%

12.86 22.2 Mil
Government

United States Treasury Bills 0%

12.61 21.8 Mil
Government

First American Government Obligs X

4.50 7.8 Mil
Cash and Equivalents

BPCE SA 5.975%

4.20 7.3 Mil
Corporate

United States Treasury Bonds 4.75%

3.72 6.4 Mil
Government

Wells Fargo & Co. 6.0756%

2.89 5.0 Mil
Corporate

Synchrony Bank 5.4%

2.71 4.7 Mil
Corporate

Vistra Operations Co LLC 4.875%

2.54 4.4 Mil
Cash and Equivalents

Jbs Usa Lux SA/Jbs Usa Food Company/Jbs Usa Finance Inc 6.5%

2.28 3.9 Mil
Corporate