Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
13.4%
1 yr return
34.2%
3 Yr Avg Return
3.9%
5 Yr Avg Return
8.5%
Net Assets
$105 M
Holdings in Top 10
14.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 87.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
$50,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DNSVX - Profile
Distributions
- YTD Total Return 13.4%
- 3 Yr Annualized Total Return 3.9%
- 5 Yr Annualized Total Return 8.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.67%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameDunham Small Cap Value Fund
-
Fund Family NameDunham Funds
-
Inception DateNov 24, 2008
-
Shares OutstandingN/A
-
Share ClassN
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Albert
Fund Description
The Fund's Sub-Adviser seeks to achieve the Fund's investment objective by investing primarily in domestic, value-oriented, small-capitalization or “small cap” equity securities (common stock) of companies traded on U.S. stock exchanges or in the over-the-counter market. The Fund normally invests at least 80% of its assets in small cap companies. The Fund defines small capitalization companies as those companies whose market capitalizations are equal to or less than the largest company in the Russell 2000® Index during the most recent 12-month period. For the most recent annual reconstitution published as of June 2023, the maximum market capitalization of companies in the Russell 2000® Index was approximately $13.1 billion. The Sub-Adviser uses a value approach to select the Fund’s investments. Using this investment style, the Adviser seeks securities selling at substantial discounts to their underlying values and then holds these securities until the market values reflect what the Sub-Adviser believes to be their intrinsic values.
The Sub-Adviser employs a bottom-up strategy, focusing on undervalued industries that the Sub-Adviser believes are experiencing positive change. The Sub-Adviser then uses both qualitative and quantitative methods to assess a security’s potential value. The Sub-Adviser seeks to identify companies with increasing returns on capital in their core businesses which are selling at attractive valuations.
The Sub-Adviser will sell a stock when it no longer meets one or more investment criteria, either through obtaining target value or due to an adverse change in fundamentals or business momentum. Each holding has a target valuation established at purchase, which the Sub-Adviser constantly monitors and adjusts as appropriate.
The Fund may also engage in securities lending.
DNSVX - Performance
Return Ranking - Trailing
Period | DNSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.4% | -13.3% | 19.9% | 72.37% |
1 Yr | 34.2% | 3.2% | 36.7% | 69.09% |
3 Yr | 3.9%* | -14.8% | 65.5% | 68.52% |
5 Yr | 8.5%* | -3.8% | 50.1% | 85.53% |
10 Yr | 7.7%* | -3.8% | 27.2% | 59.27% |
* Annualized
Return Ranking - Calendar
Period | DNSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.1% | -6.0% | 33.6% | 48.01% |
2022 | -18.9% | -36.7% | 212.9% | 66.27% |
2021 | 18.2% | -62.0% | 147.6% | 54.07% |
2020 | -3.6% | -24.8% | 31.3% | 81.77% |
2019 | 21.3% | -21.7% | 34.0% | 32.98% |
Total Return Ranking - Trailing
Period | DNSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.4% | -13.3% | 19.9% | 72.37% |
1 Yr | 34.2% | 3.2% | 36.7% | 69.09% |
3 Yr | 3.9%* | -14.8% | 65.5% | 68.52% |
5 Yr | 8.5%* | -3.8% | 50.1% | 85.53% |
10 Yr | 7.7%* | -3.8% | 27.2% | 59.27% |
* Annualized
Total Return Ranking - Calendar
Period | DNSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.3% | 1.8% | 35.4% | 52.93% |
2022 | -12.0% | -36.7% | 250.0% | 56.70% |
2021 | 32.3% | -3.0% | 157.9% | 43.21% |
2020 | -2.6% | -13.5% | 33.4% | 84.81% |
2019 | 21.3% | -1.5% | 34.3% | 58.24% |
NAV & Total Return History
DNSVX - Holdings
Concentration Analysis
DNSVX | Category Low | Category High | DNSVX % Rank | |
---|---|---|---|---|
Net Assets | 105 M | 5.95 M | 54 B | 79.67% |
Number of Holdings | 201 | 10 | 1599 | 27.57% |
Net Assets in Top 10 | 15.1 M | 762 K | 3.2 B | 86.92% |
Weighting of Top 10 | 14.39% | 5.2% | 92.2% | 70.96% |
Top 10 Holdings
- FID-MM GOVT-I 4.26%
- TENET HEALTHCARE 1.27%
- STAR BULK CARRIE 1.23%
- ARCOSA INC 1.20%
- KEMPER CORP 1.17%
- NORTHEAST BANK 1.12%
- GILDAN ACTIVEWEA 1.10%
- BRIXMOR PROPERTY 1.06%
- STELCO HOLDINGS 1.01%
- NOMAD FOODS 0.96%
Asset Allocation
Weighting | Return Low | Return High | DNSVX % Rank | |
---|---|---|---|---|
Stocks | 95.93% | 7.22% | 105.88% | 85.05% |
Cash | 4.26% | 0.00% | 39.68% | 27.10% |
Preferred Stocks | 0.00% | 0.00% | 1.87% | 50.23% |
Other | 0.00% | -1.83% | 31.19% | 67.76% |
Convertible Bonds | 0.00% | 0.00% | 2.63% | 47.87% |
Bonds | 0.00% | 0.00% | 79.66% | 49.07% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DNSVX % Rank | |
---|---|---|---|---|
Financial Services | 24.33% | 0.00% | 35.71% | 43.30% |
Real Estate | 14.77% | 0.00% | 44.41% | 3.11% |
Industrials | 13.04% | 0.65% | 48.61% | 87.08% |
Consumer Cyclical | 10.35% | 0.00% | 51.62% | 60.77% |
Energy | 9.81% | 0.00% | 29.42% | 27.99% |
Healthcare | 8.24% | 0.00% | 25.76% | 23.68% |
Technology | 6.54% | 0.00% | 34.03% | 83.49% |
Utilities | 5.31% | 0.00% | 13.86% | 15.55% |
Consumer Defense | 4.94% | 0.00% | 13.22% | 32.30% |
Basic Materials | 2.67% | 0.00% | 67.30% | 95.22% |
Communication Services | 0.00% | 0.00% | 24.90% | 94.26% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DNSVX % Rank | |
---|---|---|---|---|
US | 93.94% | 7.22% | 105.88% | 89.02% |
Non US | 1.99% | 0.00% | 76.17% | 16.12% |
DNSVX - Expenses
Operational Fees
DNSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.35% | 0.05% | 37.04% | 37.85% |
Management Fee | 1.10% | 0.00% | 1.50% | 98.13% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 13.52% |
Administrative Fee | N/A | 0.01% | 0.35% | 36.75% |
Sales Fees
DNSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
DNSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DNSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 87.00% | 7.00% | 252.00% | 85.22% |
DNSVX - Distributions
Dividend Yield Analysis
DNSVX | Category Low | Category High | DNSVX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.48% | 0.00% | 14.14% | 38.79% |
Dividend Distribution Analysis
DNSVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
DNSVX | Category Low | Category High | DNSVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.67% | -1.43% | 4.13% | 32.30% |
Capital Gain Distribution Analysis
DNSVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2023 | $0.085 | OrdinaryDividend |
Dec 27, 2023 | $0.005 | CapitalGainShortTerm |
Dec 27, 2023 | $0.370 | CapitalGainLongTerm |
Dec 28, 2022 | $1.167 | OrdinaryDividend |
Dec 29, 2021 | $0.089 | OrdinaryDividend |
Dec 29, 2021 | $1.687 | CapitalGainShortTerm |
Dec 29, 2021 | $0.295 | CapitalGainLongTerm |
Dec 30, 2020 | $0.146 | OrdinaryDividend |
Dec 27, 2018 | $0.630 | CapitalGainShortTerm |
Dec 27, 2018 | $1.067 | CapitalGainLongTerm |
Dec 27, 2017 | $0.896 | CapitalGainShortTerm |
Dec 27, 2017 | $0.918 | CapitalGainLongTerm |
Dec 27, 2017 | $0.039 | OrdinaryDividend |
Dec 28, 2016 | $0.413 | CapitalGainShortTerm |
Dec 28, 2016 | $0.071 | CapitalGainLongTerm |
Dec 28, 2016 | $0.098 | OrdinaryDividend |
Dec 29, 2015 | $0.044 | CapitalGainShortTerm |
Dec 29, 2015 | $0.434 | CapitalGainLongTerm |
Dec 29, 2015 | $0.009 | OrdinaryDividend |
Dec 29, 2014 | $0.748 | CapitalGainShortTerm |
Dec 29, 2014 | $0.201 | CapitalGainLongTerm |
Dec 29, 2014 | $0.035 | OrdinaryDividend |
Dec 27, 2013 | $0.670 | CapitalGainLongTerm |
Dec 27, 2013 | $0.016 | OrdinaryDividend |
Dec 27, 2012 | $0.032 | OrdinaryDividend |
Dec 28, 2010 | $0.019 | OrdinaryDividend |
Dec 29, 2009 | $0.086 | OrdinaryDividend |
Dec 29, 2008 | $0.103 | OrdinaryDividend |
DNSVX - Fund Manager Analysis
Managers
John Albert
Start Date
Tenure
Tenure Rank
Jul 01, 2013
8.92
8.9%
John Albert, CFA, is a Senior Portfolio Manager for the Piermont Group at ZCM, primarily focused on updating and maintaining the proprietary quantitative models. Prior to joining the firm, John was a founding member of Piermont Capital Management where he was a Portfolio Manager. John has also held roles at Asset Consulting Group, SLP Capital, LLC, and the Financial Valuation Group at Arthur Andersen LLP. He has over 20 years of investment experience and is a Chartered Financial Analyst. John earned a B.A. in Accounting from Illinois Wesleyan University and an MBA with a concentration in Finance from the University of Illinois at Urbana-Champaign.
Kevin Finn
Start Date
Tenure
Tenure Rank
Jul 01, 2013
8.92
8.9%
Kevin Finn, CFA, is a Senior Portfolio Manager for the Piermont Group at ZCM, primarily focused on updating and maintaining the proprietary quantitative models. Prior to joining the firm, Kevin was a founding member of Piermont Capital Management where he was a Portfolio Manager. He also held positions at Asset Consulting Group and Conning Asset Management. He has over 20 years of investment experience and is a Chartered Financial Analyst. Kevin holds a BSBA from the University of Missouri-St. Louis. Kevin currently serves on the Investment Committee of the St. Louis Public Library Foundation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 37.45 | 8.25 | 3.58 |