DAAIX – Dunham Long/Short Credit Fund Class A Investment Strategy | Morningstar

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Strategy

The investment seeks to maximize total return under varying market conditions through both current income and capital appreciation. The fund's sub-adviser seeks to achieve the investment objective by investing normally at least 80% of its assets (defined as net assets plus borrowing for investment purposes) in various credit-related instruments. It may invest in credit-related instruments rated below investment grade, which are commonly referred to as "junk bonds." The fund may invest up to 20% of its total assets in equity instruments, including common stock and other instruments whose price is linked to the value of common stock.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
DNAIX	Dunham Long/Short Credit Fund Class N	Institutional	Open			Dec 10, 2004	$304.81M	0.910%	Average	$100,000	$25.23M
DAAIX	Dunham Long/Short Credit Fund Class A	Front Load	Open			Jan 3, 2007	$11.47M	1.160%	Average	$5,000	−$3.31M
DCAIX	Dunham Long/Short Credit Fund Class C	Level Load	Open			Dec 10, 2004	$2.31M	1.910%	Average	$5,000	−$199,337.29

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