DASPX Performance — Dunham US Enhanced Market Fund, Class A
Data updated: 2026-09-28
DASPX returned +9.59% year to date and +19.47% over one year to Jul 2026. The annualised 3-year return is +17.43%. Against its Alternative category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $162, against $168 for the category, and to $119 over one year, against $108. Volatility over the past three years was 15.43% a year. In the 12 months to Jul 2026 the fund took in a net $19.3M, and assets reached $136.30M.
DASPX Growth of $100
What $100 invested in Dunham US Enhanced Market Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | DASPX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $119 | $108 |
| 3 years (Aug 2023 – Jul 2026) | $162 | $168 |
| Since data start (May 2023 – Jul 2026) | $180 | $174 |
DASPX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.59% |
| 1 year | +19.47% |
| 3 years (annualised) | +17.43% |
DASPX Annual Returns
Calendar-year total returns of Dunham US Enhanced Market Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +9.59% |
| 2025 | +15.98% |
| 2024 | +25.26% |
| 2023 (May–Dec) | +12.80% |
DASPX 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 | +1.8% | −1.2% | −6.2% | +11.0% | +6.8% | −1.7% | −0.3% | — | — | — | — | — |
| 2025 | +3.1% | −1.8% | −7.3% | −0.5% | +5.7% | +5.3% | +2.2% | +2.2% | +4.7% | +3.0% | −0.3% | −0.8% |
| 2024 | +1.3% | +5.8% | +4.0% | −5.5% | +5.5% | +4.5% | +0.8% | +2.4% | +3.3% | −2.0% | +7.3% | −3.7% |
| 2023 | — | — | — | — | 0.0% | +6.9% | +3.8% | −2.9% | −5.7% | −3.3% | +9.4% | +5.1% |
DASPX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 15.43%
- 3-year Sharpe ratio: 0.84 (vs 4.5% risk-free rate)
- Best month: +11.03% (Apr 2026)
- Worst month: −7.28% (Mar 2025)
DASPX Fund Flows
Monthly money in and out of Dunham US Enhanced Market Fund, from SEC Form N-PORT.
- 12-month net flow: $19.3M
- 12-month gross sales (incl. reinvestments): $50.1M
- Sales ÷ redemptions: 1.63×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $1.6M | $1.5M | $86K |
| Jun 2026 | $1.3M | $7.2M | −$5.9M |
| May 2026 | $532K | $3.7M | −$3.1M |
| Apr 2026 | $1.1M | $1.3M | −$197K |
| Mar 2026 | $4.7M | $879K | $3.8M |
| Feb 2026 | $1.3M | $1.2M | $152K |
| Jan 2026 | $2.5M | $1.2M | $1.3M |
| Dec 2025 | $27.5M | $4.1M | $23.4M |
| Nov 2025 | $1.8M | $1.2M | $599K |
| Oct 2025 | $1.9M | $1.3M | $642K |
| Sep 2025 | $786K | $6.0M | −$5.2M |
| Aug 2025 | $5.0M | $1.3M | $3.7M |
DASPX Assets Under Management
Net assets of Dunham US Enhanced Market Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $136.30M |
| 2026-04-30 | $138.64M |
| 2026-01-31 | $130.58M |
| 2025-10-31 | $128.87M |
| 2025-07-31 | $117.48M |
| 2025-04-30 | $121.35M |
| 2025-01-31 | $109.10M |
| 2024-10-31 | $99.47M |
| 2024-07-31 | $100.14M |
| 2024-04-30 | $101.52M |
| 2024-01-31 | $93.82M |
| 2023-10-31 | $79.31M |
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.