DAIOX Fees and Costs — Dunham International Opportunity Bond Fund, Class A
Data updated: 2026-09-28
The net expense ratio is 1.91%. This share class carries a maximum front-end sales load of 4.50% and a deferred sales charge of up to 0.75%. In fiscal 2025 the fund paid $9K in broker commissions, 0.0108% of average net assets, and portfolio turnover was 78%.
DAIOX Fees and Expenses
Annual operating expenses and sales charges of DAIOX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.21% |
| 12b-1 fee | 0.25% |
| Other expenses | — |
| Gross expense ratio | 1.91% |
| Fee waiver | — |
| Net expense ratio | 1.91% |
| Sales charges | |
|---|---|
| Max front load | 4.50% |
| 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 |
DAIOX Costs Over Time
On $10,000 invested in DAIOX, assuming 5% a year before costs, total costs come to $1,701 over 5 years, cutting the return by 2.96% 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 | $524 | $450 | $450 |
| Fund expenses (net expense ratio 1.91%) | $192 | $592 | $1,016 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $22 | $101 | $229 |
| Total costs | $739 | $1,146 | $1,701 |
| Value after costs | $9,761 | $10,430 | $11,062 |
| Impact on return, per year | 7.39% | 3.59% | 2.96% |
DAIOX 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): 0.0108%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $134.8M
- Portfolio turnover (prospectus): 78%
- Securities on loan, average value: $1.6M
- Net income from securities lending: $10K (0.012% of average net assets)
DAIOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS | $2K | 100.00% |
DAIOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE | $18.0M | 17.00% |
| BARCLAYS | $14.2M | 13.39% |
| JEFFERIES GROUP | $11.3M | 10.69% |
| CAPSTONE GLOBAL MARKETS | $10.8M | 10.22% |
| GOLDMAN SACHS | $10.6M | 10.06% |
| HSBC SECURITIES | $10.6M | 9.97% |
| MORGAN STANLEY SMITH BARNEY | $9.6M | 9.06% |
| BANK OF AMERICA MERRILL LYNCH | $8.8M | 8.29% |
| MARKETAXESS CORP | $7.2M | 6.78% |
| DEUTSCHE BANK | $4.8M | 4.53% |
Dunham International Opportunity Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DNIOX | Class N | 1.66% | none |
| DAIOX | Class A | 1.91% | 4.50% |
| DCIOX | Class C | 2.41% | 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.