DAEMX Performance — Dunham Emerging Markets Stock Fund, Class A
Data updated: 2026-09-28
DAEMX returned +17.57% year to date and +34.79% over one year to Jul 2026. Annualised returns are +16.67% over 3 years and +4.52% over 5 years. Against its Emerging Markets Equity category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $159, against $164 for the category, and to $135 over one year, against $134. Volatility over the past three years was 17.92% a year. In the 12 months to Jul 2026 the fund lost a net $60.2M, and assets reached $103.17M.
DAEMX Growth of $100
What $100 invested in Dunham Emerging Markets Stock Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | DAEMX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $135 | $134 |
| 3 years (Aug 2023 – Jul 2026) | $159 | $164 |
| 5 years (Aug 2021 – Jul 2026) | $125 | $143 |
| Since data start (Aug 2019 – Jul 2026) | $168 | $188 |
DAEMX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +17.57% |
| 1 year | +34.79% |
| 3 years (annualised) | +16.67% |
| 5 years (annualised) | +4.52% |
DAEMX Annual Returns
Calendar-year total returns of Dunham Emerging Markets Stock Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +17.57% |
| 2025 | +29.89% |
| 2024 | +5.58% |
| 2023 | +7.05% |
| 2022 | −24.63% |
| 2021 | −6.60% |
| 2020 | +24.79% |
| 2019 (Aug–Dec) | +10.47% |
DAEMX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.5% | +6.9% | −9.9% | +15.3% | +7.2% | +0.9% | −10.6% | — | — | — | — | — |
| 2025 | 0.0% | −0.1% | +1.9% | +0.6% | +3.7% | +6.2% | +0.5% | +2.0% | +7.0% | +4.7% | −3.2% | +3.7% |
| 2024 | −3.1% | +4.9% | +1.6% | −0.5% | +2.0% | +5.1% | −1.8% | +0.9% | +2.8% | −3.9% | −2.0% | 0.0% |
| 2023 | +10.1% | −7.8% | +3.0% | −2.7% | −1.1% | +4.4% | +3.5% | −5.5% | −3.7% | −2.7% | +8.1% | +2.9% |
| 2022 | −1.7% | −5.2% | −4.9% | −6.3% | +1.4% | −4.7% | −1.5% | −1.0% | −11.2% | −3.6% | +15.9% | −2.8% |
| 2021 | +2.9% | +1.5% | −2.7% | +1.2% | −0.3% | +0.3% | −5.2% | +1.8% | −3.6% | +2.5% | −5.0% | +0.3% |
| 2020 | −5.0% | −3.5% | −17.1% | +10.2% | +1.5% | +7.5% | +8.4% | +2.5% | −0.7% | +1.6% | +13.3% | +7.5% |
| 2019 | — | — | — | — | — | — | — | −2.9% | +0.9% | +4.4% | +0.7% | +7.3% |
DAEMX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 17.92%
- 3-year Sharpe ratio: 0.68 (vs 4.5% risk-free rate)
- Best month: +15.27% (Apr 2026)
- Worst month: −10.64% (Jul 2026)
DAEMX Fund Flows
Monthly money in and out of Dunham Emerging Markets Stock Fund, from SEC Form N-PORT.
- 12-month net flow: −$60.2M
- 12-month gross sales (incl. reinvestments): $31.3M
- Sales ÷ redemptions: 0.34×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $2.4M | $2.0M | $366K |
| Jun 2026 | $3.8M | $34.5M | −$30.8M |
| May 2026 | $425K | $3.2M | −$2.8M |
| Apr 2026 | $1.8M | $2.9M | −$1.1M |
| Mar 2026 | $605K | $22.6M | −$22.0M |
| Feb 2026 | $2.4M | $2.7M | −$363K |
| Jan 2026 | $1.3M | $2.4M | −$1.2M |
| Dec 2025 | $6.7M | $2.4M | $4.3M |
| Nov 2025 | $1.9M | $1.2M | $688K |
| Oct 2025 | $2.6M | $3.5M | −$882K |
| Sep 2025 | $1.0M | $12.4M | −$11.4M |
| Aug 2025 | $6.5M | $1.7M | $4.8M |
DAEMX Assets Under Management
Net assets of Dunham Emerging Markets Stock Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $103.17M |
| 2026-04-30 | $136.69M |
| 2026-01-31 | $147.31M |
| 2025-10-31 | $133.42M |
| 2025-07-31 | $123.21M |
| 2025-04-30 | $133.03M |
| 2025-01-31 | $118.04M |
| 2024-10-31 | $115.24M |
| 2024-07-31 | $112.79M |
| 2024-04-30 | $109.72M |
| 2024-01-31 | $105.09M |
| 2023-10-31 | $99.60M |
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.