Morningstar

Dunham High-Yield Bond Fund Class N DNHYX

Morningstar Medalist Rating
Medalist Rating as of | See Dunham Investment Hub
  • NAV / 1-Day Return 8.30  /  +0.24 %
  • Total Assets 274.9M
  • Adj. Expense Ratio
    1.110%
  • Expense Ratio 1.100%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 6.33%
  • Effective Duration —

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:21 AM GMT+0

Morningstar’s Analysis DNHYX

Will DNHYX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DNHYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DNHYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DNHYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Dunham High-Yield Bond N holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings DNHYX

More DNHYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs Z

4.03 11M
Cash and Equivalents

Cash

1.16 3M
Cash and Equivalents

Nexstar Media Inc. 7.25%

0.88 2M
Corporate

Maya S.A.S. 7%

0.87 2M
Corporate

NCL Corporation Ltd. 6.75%

0.84 2M
Corporate

Zayo Group Holdings Inc 9%

0.82 2M
Corporate

ITT Holdings LLC 6.5%

0.68 2M
Corporate

XPLR Infrastructure Operating Partners LP 7.25%

0.66 2M
Corporate

Rackspace Finance LLC 3.5%

0.66 2M
Corporate

Post Holdings Inc. 6.25%

0.66 2M
Corporate

Sponsor Center