Year-End Distributions

Dunham Funds Distribution Dates
Record Date12/26/2025
Reinvest Date12/29/2025
Ex-Dividend-Date12/29/2025
Asset Class Legend
Bonds
Alternatives
US Value
US Growth
International Equity
Distribution Information

Mutual funds typically distribute taxable capital gains to shareholders each December. Below are the year-end distribution factors (per share) for the Dunham Funds.

To estimate your distributions for a fund on this list, multiply the fund's total per-share estimates by the number of shares you own.

Estimates are subject to change.

Please note that these estimates were prepared using the latest income estimates and capital gain amounts. However, because these distributions are estimated and will be based in part on the number of shares outstanding at the time the distributions are declared, these estimates will likely change.

Final distribution amounts will be added to our fund distribution table and every fund's profile page after the fund's declaration date in December.

Final year-end distributions will be payable to shareholders of record as of December 26, 2025. Distributions will be paid to all Fund shareholders who own shares on the record date, regardless of how long they have held the shares.

2025 Dunham Funds Year-End Distributions

Floating Rate Bond Fund

Access Class
Bonds
Share ClassClass - N
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Bonds
Share ClassClass - A
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Bonds
Share ClassClass - C
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000

Long/Short Credit Fund

Access Class
Alternatives
Share ClassClass - N
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Alternatives
Share ClassClass - A
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Alternatives
Share ClassClass - C
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000

International Opportunity Bond Fund

Access Class
Bonds
Share ClassClass - N
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Bonds
Share ClassClass - A
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Bonds
Share ClassClass - C
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000

Corporate/Government Bond Fund

Access Class
Bonds
Share ClassClass - N
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Bonds
Share ClassClass - A
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Bonds
Share ClassClass - C
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000

Monthly Distribution Fund

Access Class
Alternatives
Share ClassClass - N
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Alternatives
Share ClassClass - A
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Alternatives
Share ClassClass - C
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000

Dynamic Macro Fund

Access Class
Alternatives
Share ClassClass - N
Income$ .0240
ST Cap Gains$ .0050
LT Cap Gains$ 1.1254
Access Class
Alternatives
Share ClassClass - A
Income$ .0000
ST Cap Gains$ .0050
LT Cap Gains$ 1.1254
Access Class
Alternatives
Share ClassClass - C
Income$ .0000
ST Cap Gains$ .0050
LT Cap Gains$ 1.1254

High-Yield Bond Fund

Access Class
Bonds
Share ClassClass - N
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Bonds
Share ClassClass - A
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Bonds
Share ClassClass - C
IncomePaid Monthly
ST Cap Gains$ .0000
LT Cap Gains$ .0000

Large Cap Value Fund

Access Class
US Value
Share ClassClass - N
Income$ .1220
ST Cap Gains$ .1801
LT Cap Gains$ .6427
Access Class
US Value
Share ClassClass - A
Income$ .0712
ST Cap Gains$ .1801
LT Cap Gains$ .6427
Access Class
US Value
Share ClassClass - C
Income$ .0000
ST Cap Gains$ .1801
LT Cap Gains$ .6427

Focused Large Cap Growth Fund

Access Class
US Growth
Share ClassClass - N
Income$ .0000
ST Cap Gains$ .0706
LT Cap Gains$ 5.8963
Access Class
US Growth
Share ClassClass - A
Income$ .0000
ST Cap Gains$ .0706
LT Cap Gains$ 5.8963
Access Class
US Growth
Share ClassClass - C
Income$ .0000
ST Cap Gains$ .0706
LT Cap Gains$ 5.8963

International Stock Fund

Access Class
International Equity
Share ClassClass - N
Income$ .3445
ST Cap Gains$ 1.1515
LT Cap Gains$ .8702
Access Class
International Equity
Share ClassClass - A
Income$ .2839
ST Cap Gains$ 1.1515
LT Cap Gains$ .8702
Access Class
International Equity
Share ClassClass - C
Income$ .2006
ST Cap Gains$ 1.1515
LT Cap Gains$ .8702

Real Estate Stock Fund

Access Class
Alternatives
Share ClassClass - N
Income$ .0966
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Alternatives
Share ClassClass - A
Income$ .0665
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
Alternatives
Share ClassClass - C
Income$ .0000
ST Cap Gains$ .0000
LT Cap Gains$ .0000

Small Cap Value Fund

Access Class
US Value
Share ClassClass - N
Income$ .0529
ST Cap Gains$ .0819
LT Cap Gains$ .0000
Access Class
US Value
Share ClassClass - A
Income$ .0071
ST Cap Gains$ .0819
LT Cap Gains$ .0000
Access Class
US Value
Share ClassClass - C
Income$ .0000
ST Cap Gains$ .0819
LT Cap Gains$ .0000

U.S. Enhanced Market Fund

Access Class
Alternatives
Share ClassClass - N
Income$ .1958
ST Cap Gains$ 1.1969
LT Cap Gains$ 1.6896
Access Class
Alternatives
Share ClassClass - A
Income$ .1550
ST Cap Gains$ 1.1969
LT Cap Gains$ 1.6896
Access Class
Alternatives
Share ClassClass - C
Income$ .0832
ST Cap Gains$ 1.1969
LT Cap Gains$ 1.6896

Small Cap Growth Fund

Access Class
US Growth
Share ClassClass - N
Income$ .0000
ST Cap Gains$ .0000
LT Cap Gains$ .5396
Access Class
US Growth
Share ClassClass - A
Income$ .0000
ST Cap Gains$ .0000
LT Cap Gains$ .5396
Access Class
US Growth
Share ClassClass - C
Income$ .0000
ST Cap Gains$ .0000
LT Cap Gains$ .5396

Emerging Markets Stock Fund

Access Class
International Equity
Share ClassClass - N
Income$ .4185
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
International Equity
Share ClassClass - A
Income$ .3739
ST Cap Gains$ .0000
LT Cap Gains$ .0000
Access Class
International Equity
Share ClassClass - C
Income$ .3104
ST Cap Gains$ .0000
LT Cap Gains$ .0000

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 Fund's 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.

Past performance is not indicative of future results. Investment return and principal value of an investment will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Performance may vary for other share classes. The Fund’s performance is subject to change since quarter’s end and may be lower or higher than the performance data shown. Please call (800) 442-4358 or log on to www.dunham.com to obtain changes to the Fund, if any, as well as performance data current to the most recent month end.