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Morningstar

Dunham High-Yield Bond N DNHYX

Morningstar Medalist Rating
Medalist Rating as of | See Dunham Investment Hub
  • NAV / 1-Day Return 8.66  /  +0.12 %
  • Total Assets 191.1 Mil
  • Adj. Expense Ratio
    1.240%
  • Expense Ratio 1.240%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 6.06%
  • Effective Duration —

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis DNHYX

Will DNHYX 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 DNHYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Dunham High-Yield Bond N to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings DNHYX

More DNHYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs Z

4.48 7.6 Mil
Cash and Equivalents

Hi-Crush Inc

1.03 1.8 Mil
Energy

Altice France S.A 5.5%

0.99 1.7 Mil
Corporate

ITT Holdings LLC 6.5%

0.98 1.7 Mil
Corporate

C&S Group Enterprises LLC 5%

0.96 1.6 Mil
Corporate

Bread Financial Holdings Inc 9.75%

0.89 1.5 Mil
Corporate

NextEra Energy Operating Partners LP 7.25%

0.81 1.4 Mil
Corporate

Hawaiian Brand Intellectual Property Limited / Hawaiianmiles Loyalty Limite

0.81 1.4 Mil
Corporate

CEC Entertainment Inc 6.75%

0.79 1.4 Mil
Corporate

Harvest Midstream I LP 7.5%

0.79 1.3 Mil
Corporate