DCAIX — Dunham Appreciation & Income Fund
Data updated: 2026-06-26
DCAIX — Dunham Appreciation & Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Short Treasury / Sovereign Bond · $323.22M AUM · 1.91% expense ratio · 2.5% 1-yr return. From SEC regulatory filings.
DCAIX Fund Overview
DCAIX — Dunham Appreciation & Income Fund is a US mutual fund managed by Dunham Funds, categorised as Short Treasury / Sovereign Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Dunham Funds
- Category: Short Treasury / Sovereign Bond
- Assets under management: $323.22M
- 1-year return: 2.5%
- Ticker: DCAIX
- SEC CIK: 0001420040
- SEC series ID: S000020975
- Share class ID: C000059521
DCAIX Holdings
Top 10 holdings of Dunham Appreciation & Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 13.55% |
| United States Of America - Bureau Of The Public Debt | 12.95% |
| United States Of America - Bureau Of The Public Debt | 12.52% |
| United States Of America - Bureau Of The Public Debt | 11.87% |
| United States Of America - Bureau Of The Public Debt | 2.98% |
| United States Of America - Bureau Of The Public Debt | 2.15% |
| United States Of America - Bureau Of The Public Debt | 2.14% |
| First American Funds, Inc. | 1.76% |
| Vistra Operations Company LLC | 1.55% |
| Ally Financial, Inc. | 1.55% |
DCAIX Portfolio Allocation
Asset-class allocation of Dunham Appreciation & Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 100.3% |
| Cash & Equivalents | 2.2% |
DCAIX Performance
Total returns for DCAIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.7% |
| 1 year | 2.5% |
| 3 years (annualised) | 3.3% |
| 5 years (annualised) | 1.1% |
DCAIX Risk Information
Risk metrics for DCAIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.9%
DCAIX Costs and Fees
DCAIX costs about $191 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.91%
- Gross expense ratio: 1.91%
- Portfolio turnover: 234%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
DCAIX Cashflows
Over the 12 months to 2026-04, Dunham Appreciation & Income Fund had net inflows of $107.28M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $3.22M |
| 2026-03 | −$603.81K |
| 2026-02 | $6.44M |
| 2026-01 | $1.59M |
| 2025-12 | $6.99M |
| 2025-11 | $8.88M |
DCAIX Debt Constituents
Largest debt holdings of Dunham Appreciation & Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 13.55% |
| United States Of America - Bureau Of The Public Debt | 12.95% |
| United States Of America - Bureau Of The Public Debt | 12.52% |
| United States Of America - Bureau Of The Public Debt | 11.87% |
| United States Of America - Bureau Of The Public Debt | 2.98% |
| United States Of America - Bureau Of The Public Debt | 2.15% |
| United States Of America - Bureau Of The Public Debt | 2.14% |
| Vistra Operations Company LLC | 1.55% |
| Ally Financial, Inc. | 1.55% |
| Frontier Communications Holdings LLC | 1.51% |
DCAIX Prospectus and SEC Filings
Official Dunham Appreciation & Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Short Treasury / Sovereign Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.