The Fund seeks to maximize total return from capital appreciation and dividends, with capital preservation during market downturns as a secondary goal.
Vontobel Asset Management Inc. (“Vontobel”) is a globally active investment manager with Swiss roots, specializing in wealth management, active asset management and investment solutions. As an investment-led, multi-boutique asset manager, each of its boutiques draws on specialized investment talent, strong performance culture and robust risk management. Vontobel seeks to deliver leading-edge solutions for both institutional and private clients.
| Ticker | DCAVX |
| Cusip | 265458596 |
| Share Class | C-Shares |
| Fund Code | 213 |
| Dividend Frequency | Annual* |
| Capital Gains Paid | December* |
| Fund Inception | 4/29/2010 |
| FISCAL Year-End | October |
| * If applicable |
For Class C shares, the initial minimum investment amount for regular accounts is $5,000, and for taxdeferred and certain tax efficient accounts (such as Roth IRAs) is $2,000. The minimum subsequent investment is $100. An account fee of $15 annually will be charged for all non-retirement accounts with a balance below $2,500. The account fee will not be charged if the balance falls below $2,500 due solely to depreciation of the investment. The fee is waived if your total investment amount in all Funds combined is $50,000 or more. There is no minimum initial investment for employee benefit plans, mutual fund platform platforms, supermarket programs, associations, and individual retirement accounts. The minimum subsequent investment in the Trust is $100 and there is no minimum subsequent investment for any Fund. The Trust reserves the right at any time to vary the initial and subsequent investment minimums.
| Net Asset Value (NAV): | NAV Change: | NAV Percentage Change: |
|---|---|---|
| $10.31 | $0.00 | 0.00 % |
| Net Asset Value (NAV): | $10.31 |
|---|---|
| NAV Change: | $0.00 |
| NAV Percentage Change: | 0.00 % |
| YTD Return at NAV: |
|---|
| 13.67 % |
| YTD Return at NAV: | 13.67 % |
|---|
|
Most recent month-end (as of 10/31/2023) |
1 Yr | 3 Yr | 5 Yr | 10 Yrs | Since Inception |
|---|---|---|---|---|---|
| Fund Performance | 10.00 % | 1.85 % | 2.15 % | 0.62 % | 0.64 % |
|
Average Annual Total Return (as of 9/30/2023) |
1 Yr | 3 Yr | 5 Yr | 10 Yrs | Since Inception |
|---|---|---|---|---|---|
| Fund Performance | 14.33 % | 1.79 % | 1.32 % | 0.85 % | 0.76 % |
|
Most recent month-end (as of 10/31/2023) |
Fund Performance |
|---|---|
| 1 Yr | 10.00 % |
| 3 Yr | 1.85 % |
| 5 Yr | 2.15 % |
| 10 Yrs | 0.62 % |
| Since Inception | 0.64 % |
|
Average Annual Total Return (as of 9/30/2023) |
Fund Performance |
|---|---|
| 1 Yr | 14.33 % |
| 3 Yr | 1.79 % |
| 5 Yr | 1.32 % |
| 10 Yrs | 0.85 % |
| Since Inception | 0.76 % |
| Per prospectus dated 3/1/2023 | |
|---|---|
| Expense Ratio: | 2.86 % |
| Per prospectus dated 3/1/2023 |
|---|
| Expense Ratio: |
| 2.86 % |
Prices and returns quoted represent past results and are no guarantee of future results. Current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate, so your shares, when redeemed, may be worth more or less than their original cost.
These fiscal year Mutual Funds Notices report estimated amounts of each Fund's current distributions paid from net investment income, net realized capital gains, and return of capital based on each Fund's respective fiscal year end. The amounts and sources of distributions reported in these Notices are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to change based on tax regulations. The Fund will send a Form 1099-DIV for the calendar year that will tell how to report these distributions for federal income tax purposes.
Mutual funds typically distribute taxable capital gains to shareholders each December. Click below to view the year-end distribution factors (per share) for the Dunham Funds.
| Security | % of Net Assets |
|---|---|
| SPDR S&P 500 ETF Trust | 12.36 % |
| United States Treasury Note 1% Due 12/15/2024 1.00% 12/24 | 10.96 % |
| United States Treasury Bill 0% Due 02/22/2024 0.00% 2/24 | 10.18 % |
| Invesco Nasdaq 100 ETF | 9.90 % |
| Franklin FTSE United Kingdom ETF | 5.70 % |
| Franklin FTSE Japan ETF | 5.08 % |
| SPDR EURO STOXX 50 ETF | 4.60 % |
| US Treasury N/B 1.13% 2/25 | 4.36 % |
| United States Treasury Note 2.5% Due 05/15/2024 2.50% 5/24 | 3.40 % |
| United States Treasury Note 0.375% Due 07/15/2024 0.38% 7/24 | 3.33 % |
| Multi-Sector (37.64%) | |
| Treasury Bonds (24.27%) | |
| T-Bills (12.43%) | |
| Cash (11.9%) | |
| Foreign Bonds (5.63%) | |
| Corporate Bonds (4.4%) | |
| Currency Contracts (2.37%) | |
| Treasury Notes/Bonds (Futures) (2.34%) | |
| Materials (0.08%) | |
| Equity Index (Futures) (-1.06%) |
Investors should consider the investment objectives, risk factors, charges, and expenses of the Dunham Funds carefully before investing. This and other important information is contained in the Dunham Funds’ summary prospectus and/or prospectus, which may be obtained by contacting your financial advisor, or by calling toll free (800) 442‐4358. Please read prospectus materials carefully before investing or sending money. Investing involves risk, including possible loss of principal.
Dunham Funds are distributed by Dunham & Associates Investment Counsel, Inc., a Registered Investment Adviser and Broker/Dealer. Member FINRA / SIPC.
Returns for Class A Shares include the maximum sales charge (5.75% for equity funds and 4.50% for fixed income funds). Net Asset Value (NAV) returns exclude these charges, which would have reduced returns.
Average annual total return is the annual compound return for the indicated period. It reflects the change in share price and the reinvestment of all dividends and capital gains. Returns for periods of less than one year are cumulative total returns.
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