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 last February, moving from the Macro Trading category to the Tactical Allocation Morningstar Category.
Dunham Dynamic Macro N DNAVX
- NAV / 1-Day Return 12.18 / +0.33 %
- Total Assets 64.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.810%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Tactical Allocation
- Investment Style Large Growth
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 1.51%
- Turnover 118%
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 PM GMT+0
Morningstar’s Analysis DNAVX
Will DNAVX 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 46.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Currency Contract - Usd | 13.06 | 7.4 Mil | Derivative |
SPDR® S&P 500 ETF Trust | 10.94 | 6.2 Mil | — |
Morgan Stanley Instl Lqudty Govt Instl | 10.41 | 5.9 Mil | Cash and Equivalents |
Invesco NASDAQ 100 ETF | 9.02 | 5.1 Mil | — |
United States Treasury Notes 1% | 8.54 | 4.8 Mil | Government |
United States Treasury Bills 0% | 7.92 | 4.5 Mil | Government |
SPDR® EURO STOXX 50 ETF | 4.96 | 2.8 Mil | — |
Japanese Yen Future | 4.84 | 2.7 Mil | Cash and Equivalents |
Franklin FTSE United Kingdom ETF | 4.69 | 2.7 Mil | — |
Franklin FTSE Japan ETF | 4.13 | 2.3 Mil | — |