DADGX Fees and Costs — Dunham Small Cap Growth Fund, Class A
Data updated: 2026-09-28
The net expense ratio is 1.49%. This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 0.75%. In fiscal 2025 the fund paid $237.9M in broker commissions, 301.9420% of average net assets, and portfolio turnover was 153%.
DADGX Fees and Expenses
Annual operating expenses and sales charges of DADGX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.25% |
| Other expenses | — |
| Gross expense ratio | 1.49% |
| Fee waiver | — |
| Net expense ratio | 1.49% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.75% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DADGX Costs Over Time
On $10,000 invested in DADGX, assuming 5% a year before costs, total costs come to $431,869 over 5 years, cutting the return by — a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $424 | $575 | $575 |
| Fund expenses (net expense ratio 1.49%) | $147 | $505 | $2,138 |
| Trading costs (broker commissions) | $29,881 | $102,390 | $433,226 |
| Lost growth on money paid in costs | $29 | −$39 | −$4,070 |
| Total costs | $30,481 | $103,432 | $431,869 |
| Value after costs | −$19,981 | −$91,856 | −$419,106 |
| Impact on return, per year | — | — | — |
DADGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 301.9420%
- Total broker commissions: $237.9M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 153%
- Securities on loan, average value: $18.6M
- Net income from securities lending: $116K (0.147% of average net assets)
DADGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CAPITAL INSTITUTIONAL SERVICES (CAPIS) | $35K | 23.87% |
| ROBERT W. BAIRD & CO. | $14K | 9.76% |
| RAYMOND JAMES | $14K | 9.65% |
| PIPER SANDLER | $12K | 8.45% |
| MORGAN STANLEY SMITH BARNEY | $12K | 8.42% |
| WILLIAM BLAIR & CO | $12K | 8.35% |
| OPPENHEIMER & CO | $12K | 8.10% |
| ROYAL BANK OF CANADA CAPITAL MARKETS | $12K | 7.91% |
| JPMORGAN CHASE | $11K | 7.76% |
| JEFFERIES GROUP | $11K | 7.73% |
Dunham Small Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DNDGX | Class N | 1.24% | none |
| DADGX | Class A | 1.49% | 5.75% |
| DCDGX | Class C | 2.25% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.