Morningstar

Dunham Floating Rate Bond Fund Class N DNFRX

Morningstar Medalist Rating
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Medalist Rating as of See Dunham Investment Hub
  • NAV / 1-Day Return $8.21  /  +0.12 %
  • Fund Size $250.9M
  • Adjusted Expense Ratio 1.090%
  • Net Expense Ratio 1.080%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category Bank Loan
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $100,000
  • Investment Status Open
  • TTM Yield 7.60%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis DNFRX

Will DNFRX outperform in the 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 DNFRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DNFRX 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 DNFRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Dunham Floating Rate Bond N holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings DNFRX

More DNFRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Inv MM Government I

4.43 11M
Cash and Equivalents

Neptune Bidco Us Inc. Floating Rate Due 01/28/2033

1.37 3M
Corporate

BLUEMOUNTAIN CLO XXXIII LTD 10.65921%

1.34 3M
Securitized

United States Treasury Bills 0%

1.00 2M
Government

Oak-Eagle Acquireco Inc. Floating Rate Due 03/24/2033

0.99 2M
Corporate

Champions Financing Inc. Floating Rate Due 02/23/2029

0.98 2M
Corporate

Sword Purchaser Llc Floating Rate Due 04/04/2033

0.96 2M
Corporate

Trio Bidco Inc. Floating Rate Due 10/08/2032

0.89 2M
Corporate

Bluemountain Clo XXXII Ltd. 10.35292%

0.86 2M
Securitized

Qts Thunder Managing Issuer Llc Floating Rate Due 07/18/2033

0.81 2M
Corporate

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