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Dunham Large Cap Value Fund
DNLVX (Mutual Fund)
Dunham Large Cap Value Fund
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
20.5%
1 yr return
25.3%
3 Yr Avg Return
7.3%
5 Yr Avg Return
10.4%
Net Assets
$154 M
Holdings in Top 10
23.0%
52 WEEK LOW AND HIGH
$21.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.04%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 33.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
$50,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
DNLVX - Profile
Distributions
- YTD Total Return 20.5%
- 3 Yr Annualized Total Return 7.3%
- 5 Yr Annualized Total Return 10.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.72%
- Dividend Yield 1.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameDunham Large Cap Value Fund
-
Fund Family NameDunham Funds
-
Inception DateNov 24, 2008
-
Shares OutstandingN/A
-
Share ClassN
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPaul Roukis
Fund Description
The Fund’s Sub-Adviser seeks to achieve the Fund’s investment objective by investing primarily in value-oriented, large capitalization or “large cap” common stocks of companies traded on U.S. stock exchanges or in the over-the-counter market. Under normal market conditions, the Fund invests at least 80% of its assets (defined as net assets plus borrowing for investment purposes) in the common stock of large cap companies. The Fund defines large capitalization companies as those companies whose market capitalizations are equal to or greater than the smallest company in the Russell 1000® Index during the most recent 12-month period. For the most recent annual reconstitution published as of June 2023, the market capitalization range of companies in the Russell 1000® Index was approximately $2 billion to $3 trillion, which range will vary daily.
The Sub-Adviser focuses on large capitalization value stocks it believes are statistically undervalued while exhibiting attractive earnings dynamics. In general, the Sub-Adviser buys securities that it believes are undervalued and have better than average valuation as measured by statistics such as price to earnings or price to cash flow and sells them when they become fully valued or more compelling investments are available.
The Fund may also engage in securities lending.
DNLVX - Performance
Return Ranking - Trailing
| Period | DNLVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.5% | -12.3% | 50.7% | 39.14% |
| 1 Yr | 25.3% | -3.7% | 64.1% | 37.55% |
| 3 Yr | 7.3%* | -4.2% | 31.8% | 71.79% |
| 5 Yr | 10.4%* | 0.1% | 45.7% | 55.88% |
| 10 Yr | 8.9%* | 1.9% | 25.5% | 58.33% |
* Annualized
Return Ranking - Calendar
| Period | DNLVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.9% | -16.9% | 46.1% | 65.60% |
| 2022 | -10.7% | -64.7% | 4.6% | 38.56% |
| 2021 | 20.7% | -44.2% | 57.5% | 28.77% |
| 2020 | 1.4% | -23.2% | 285.0% | 33.90% |
| 2019 | 21.9% | -21.4% | 48.5% | 31.40% |
Total Return Ranking - Trailing
| Period | DNLVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.5% | -12.3% | 50.7% | 39.14% |
| 1 Yr | 25.3% | -3.7% | 64.1% | 37.55% |
| 3 Yr | 7.3%* | -4.2% | 31.8% | 71.79% |
| 5 Yr | 10.4%* | 0.1% | 45.7% | 55.88% |
| 10 Yr | 8.9%* | 1.9% | 25.5% | 58.33% |
* Annualized
Total Return Ranking - Calendar
| Period | DNLVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.5% | -15.9% | 46.7% | 62.98% |
| 2022 | -8.1% | -42.0% | 8.5% | 72.36% |
| 2021 | 28.8% | 3.6% | 129.7% | 20.94% |
| 2020 | 2.4% | -22.6% | 304.8% | 55.47% |
| 2019 | 26.0% | -12.7% | 52.1% | 43.29% |
NAV & Total Return History
DNLVX - Holdings
Concentration Analysis
| DNLVX | Category Low | Category High | DNLVX % Rank | |
|---|---|---|---|---|
| Net Assets | 154 M | 126 K | 163 B | 83.27% |
| Number of Holdings | 75 | 2 | 1727 | 54.21% |
| Net Assets in Top 10 | 38.1 M | 466 K | 39.5 B | 83.74% |
| Weighting of Top 10 | 23.00% | 4.4% | 99.1% | 76.78% |
Top 10 Holdings
- JPMORGAN CHASE 3.39%
- EXXON MOBIL CORP 3.06%
- UNITEDHEALTH GRP 2.74%
- ABBOTT LABS 2.03%
- BERKSHIRE HATH-B 2.03%
- NEXTERA ENERGY 2.01%
- BANK OF AMERICA 1.99%
- INV-TRSRY-INS 1.96%
- RTX CORP 1.91%
- THERMO FISHER 1.88%
Asset Allocation
| Weighting | Return Low | Return High | DNLVX % Rank | |
|---|---|---|---|---|
| Stocks | 98.03% | 4.16% | 102.49% | 54.95% |
| Cash | 1.97% | 0.00% | 17.28% | 39.53% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 74.86% |
| Other | 0.00% | -2.59% | 39.89% | 76.82% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 74.18% |
| Bonds | 0.00% | 0.00% | 97.99% | 75.14% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | DNLVX % Rank | |
|---|---|---|---|---|
| Financial Services | 20.34% | 0.00% | 58.05% | 38.02% |
| Healthcare | 20.19% | 0.00% | 30.08% | 18.96% |
| Industrials | 15.48% | 0.00% | 42.76% | 9.06% |
| Technology | 7.59% | 0.00% | 54.02% | 85.66% |
| Energy | 7.46% | 0.00% | 54.00% | 58.11% |
| Consumer Defense | 5.79% | 0.00% | 34.10% | 79.15% |
| Communication Services | 5.70% | 0.00% | 26.58% | 50.66% |
| Consumer Cyclical | 4.97% | 0.00% | 22.74% | 67.17% |
| Real Estate | 4.44% | 0.00% | 90.54% | 26.32% |
| Basic Materials | 4.15% | 0.00% | 21.69% | 30.94% |
| Utilities | 3.89% | 0.00% | 27.04% | 58.11% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | DNLVX % Rank | |
|---|---|---|---|---|
| US | 98.03% | 4.16% | 102.49% | 41.68% |
| Non US | 0.00% | 0.00% | 24.08% | 79.81% |
DNLVX - Expenses
Operational Fees
| DNLVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.04% | 0.03% | 14.82% | 38.46% |
| Management Fee | 0.84% | 0.00% | 1.50% | 93.63% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 14.68% |
| Administrative Fee | N/A | 0.00% | 0.50% | 30.54% |
Sales Fees
| DNLVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| DNLVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| DNLVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 33.00% | 0.00% | 488.00% | 46.78% |
DNLVX - Distributions
Dividend Yield Analysis
| DNLVX | Category Low | Category High | DNLVX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.11% | 0.00% | 16.67% | 24.88% |
Dividend Distribution Analysis
| DNLVX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| DNLVX | Category Low | Category High | DNLVX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.72% | -1.51% | 4.28% | 82.20% |
Capital Gain Distribution Analysis
| DNLVX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2023 | $0.234 | OrdinaryDividend |
| Dec 27, 2023 | $0.245 | CapitalGainShortTerm |
| Dec 27, 2023 | $0.464 | CapitalGainLongTerm |
| Dec 28, 2022 | $0.488 | OrdinaryDividend |
| Dec 29, 2021 | $0.110 | OrdinaryDividend |
| Dec 29, 2021 | $0.372 | CapitalGainShortTerm |
| Dec 29, 2021 | $0.779 | CapitalGainLongTerm |
| Dec 30, 2020 | $0.153 | OrdinaryDividend |
| Dec 27, 2019 | $0.176 | OrdinaryDividend |
| Dec 27, 2019 | $0.344 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.061 | CapitalGainShortTerm |
| Dec 27, 2018 | $0.481 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.154 | OrdinaryDividend |
| Dec 27, 2017 | $0.144 | CapitalGainLongTerm |
| Dec 27, 2017 | $0.124 | OrdinaryDividend |
| Dec 28, 2016 | $0.219 | OrdinaryDividend |
| Dec 29, 2015 | $4.103 | CapitalGainLongTerm |
| Dec 29, 2015 | $0.183 | OrdinaryDividend |
| Dec 29, 2014 | $0.121 | OrdinaryDividend |
| Dec 27, 2013 | $0.167 | OrdinaryDividend |
| Dec 27, 2012 | $0.129 | OrdinaryDividend |
| Dec 28, 2011 | $0.050 | OrdinaryDividend |
| Dec 28, 2010 | $0.063 | OrdinaryDividend |
| Dec 29, 2009 | $0.051 | OrdinaryDividend |
| Dec 29, 2008 | $0.081 | OrdinaryDividend |
DNLVX - Fund Manager Analysis
Managers
Paul Roukis
Start Date
Tenure
Tenure Rank
Jul 01, 2015
6.92
6.9%
Paul is a member of our Large-Cap team and is a portfolio manager on our US Large-Cap Value strategy. Paul has been with the Firm since 2005 and in the industry since 1992. Previously, Paul was a research analyst for more than 12 years with Sidoti & Company, Schroders, NatWest Securities and Value Line. Paul earned a BBA from Hofstra University.
Jeff Agne
Start Date
Tenure
Tenure Rank
Mar 31, 2020
2.17
2.2%
Jeff is a member of our Large-Cap team and is a portfolio manager for our US Large-Cap Core and US Large-Cap Value strategies. Jeff has been with the Firm since 2015 and in the industry since 2001. Previously, he served as a co-portfolio manager for the Global Focus strategy at PineBridge Investments. He was also an Equity Research Analyst at Banc of America Securities and Schwab Soundview Capital Markets, and a Consultant for FactSet Research Systems. Jeff earned a BS from the University of Vermont and an MBA from New York University's Stern School of Business.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 6.71 |
