Morningstar

Dunham Floating Rate Bond Fund Class N DNFRX

Morningstar Medalist Rating
Medalist Rating as of | See Dunham Investment Hub
  • NAV / 1-Day Return 8.35  /  0.00
  • Total Assets 235.5M
  • Adj. Expense Ratio
    1.090%
  • Expense Ratio 1.080%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 7.67%
  • Effective Duration —

USD | NAV as of Jul 10, 2026 | 1-Day Return as of Jul 10, 2026, 12:58 AM GMT+0

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.

by Morningstar Automated Analysis
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Portfolio Holdings DNFRX

More DNFRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Inv MM Government I

6.90 16M
Cash and Equivalents

BLUEMOUNTAIN CLO XXXIII LTD 10.60523%

1.51 3M
Securitized

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

1.49 3M
Corporate

BAIN CAPITAL CREDIT CLO 2021-7 LTD 10.16364%

1.17 3M
Securitized

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

1.08 2M
Corporate

Jane Street Group Llc Floating Rate Due 12/11/2031

0.98 2M
Corporate

Bluemountain Clo XXXII Ltd. 10.2731%

0.97 2M
Securitized

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

0.95 2M
Corporate

Varsity Brands Inc. Floating Rate Due 08/26/2031

0.88 2M
Corporate

Asurion Llc Floating Rate Due 09/19/2030

0.88 2M
Corporate

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