DNMDX Performance — Dunham Monthly Distribution Fund, Class N
Data updated: 2026-09-28
DNMDX returned +1.48% year to date and +4.12% over one year to Jul 2026. Annualised returns are +5.79% over 3 years and +4.29% over 5 years. The fund trailed its US Mid-Cap Blend category average: $100 invested three years ago grew to $118, against $144 for the category, and to $104 over one year, against $119. Volatility over the past three years was 2.20% a year. In the 12 months to Jul 2026 the fund took in a net $70.7M, and assets reached $309.37M.
DNMDX Growth of $100
What $100 invested in Dunham Monthly Distribution Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | DNMDX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $104 | $119 |
| 3 years (Aug 2023 – Jul 2026) | $118 | $144 |
| 5 years (Aug 2021 – Jul 2026) | $123 | $145 |
| Since data start (Aug 2019 – Jul 2026) | $125 | $204 |
DNMDX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.48% |
| 1 year | +4.12% |
| 3 years (annualised) | +5.79% |
| 5 years (annualised) | +4.29% |
DNMDX Annual Returns
Calendar-year total returns of Dunham Monthly Distribution Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.48% |
| 2025 | +8.16% |
| 2024 | +5.50% |
| 2023 | +4.37% |
| 2022 | +0.81% |
| 2021 | +0.37% |
| 2020 | +0.70% |
| 2019 (Aug–Dec) | +1.90% |
DNMDX 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 | −0.1% | +1.1% | +0.3% | +0.6% | −0.5% | +0.6% | −0.5% | — | — | — | — | — |
| 2025 | +0.4% | +0.5% | +0.2% | +1.1% | +1.0% | +1.0% | +1.1% | +0.4% | +0.3% | +0.4% | +0.9% | +0.7% |
| 2024 | −0.4% | −0.2% | +0.9% | −0.8% | +0.4% | +0.8% | +1.1% | +0.6% | +0.6% | +0.8% | +1.1% | +0.5% |
| 2023 | −0.2% | 0.0% | +0.9% | 0.0% | −2.7% | +1.2% | +3.1% | +0.4% | −0.3% | −1.1% | +1.7% | +1.5% |
| 2022 | −0.4% | −0.3% | +0.1% | −0.3% | −1.0% | −0.3% | +0.9% | +2.5% | −1.0% | +0.1% | −0.7% | +1.2% |
| 2021 | −0.2% | +2.1% | −0.4% | +1.5% | +0.6% | −1.2% | −3.2% | −0.1% | +0.7% | −0.2% | −1.0% | +1.8% |
| 2020 | −0.1% | −0.4% | −3.8% | +1.3% | +0.4% | +0.6% | +0.6% | +0.4% | 0.0% | −0.1% | +1.3% | +0.7% |
| 2019 | — | — | — | — | — | — | — | −0.5% | +0.4% | +0.3% | +0.7% | +0.9% |
DNMDX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 2.20%
- 3-year Sharpe ratio: 0.58 (vs 4.5% risk-free rate)
- Best month: +1.74% (Nov 2023)
- Worst month: −1.11% (Oct 2023)
DNMDX Fund Flows
Monthly money in and out of Dunham Monthly Distribution Fund, from SEC Form N-PORT.
- 12-month net flow: $70.7M
- 12-month gross sales (incl. reinvestments): $109.0M
- Sales ÷ redemptions: 2.85×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $6.5M | $1.7M | $4.7M |
| Jun 2026 | $27.7M | $2.3M | $25.4M |
| May 2026 | $6.0M | $2.6M | $3.5M |
| Apr 2026 | $9.8M | $2.6M | $7.2M |
| Mar 2026 | $3.8M | $6.2M | −$2.4M |
| Feb 2026 | $7.2M | $1.6M | $5.6M |
| Jan 2026 | $7.4M | $4.0M | $3.4M |
| Dec 2025 | $8.6M | $5.1M | $3.5M |
| Nov 2025 | $9.3M | $1.3M | $8.0M |
| Oct 2025 | $7.6M | $1.6M | $6.0M |
| Sep 2025 | $5.9M | $6.0M | −$106K |
| Aug 2025 | $9.2M | $3.3M | $5.9M |
DNMDX Assets Under Management
Net assets of Dunham Monthly Distribution Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $309.37M |
| 2026-04-30 | $282.49M |
| 2026-01-31 | $271.33M |
| 2025-10-31 | $257.45M |
| 2025-07-31 | $247.80M |
| 2025-04-30 | $221.48M |
| 2025-01-31 | $242.75M |
| 2024-10-31 | $228.68M |
| 2024-07-31 | $191.05M |
| 2024-04-30 | $171.49M |
| 2024-01-31 | $163.90M |
| 2023-10-31 | $176.90M |
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.