Dunham Porategovernment Bond Fund Quote
| DACGX Fund | USD 12.24 0.03 0.24% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Dunham Porategovernment is trading at 12.24 as of the 24th of April 2024; that is -0.24 percent down since the beginning of the trading day. The fund's open price was 12.27. Dunham Porategovernment has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Dunham Porategovernment Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The funds sub-adviser seeks to achieve its investment objectives by investing primarily in corporate and government bonds using the sub-advisers active management techniques including sector analysis and allocation through active sector rotation, issuer selection and opportunistic trading. More on Dunham Porategovernment Bond
Moving together with Dunham Mutual Fund
| 1.0 | DNCGX | Dunham Porategovernment | PairCorr |
| 0.61 | DNDGX | Dunham Small Cap | PairCorr |
Dunham Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Dunham Porategovernment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dunham Porategovernment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Government Funds (View all Themes) |
| Fund Concentration | Dunham Funds, Large Funds, Intermediate Core-Plus Bond Funds, Government Funds, Intermediate Core-Plus Bond, Dunham Funds, Large, Intermediate Core-Plus Bond (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Dunham Porategovernment Bond [DACGX] is traded in USA and was established 24th of April 2024. Dunham Porategovernment is listed under Dunham Funds category by Fama And French industry classification. The fund is listed under Intermediate Core-Plus Bond category and is part of Dunham Funds family. The entity is thematically classified as Government Funds. This fund currently has accumulated 129.4 M in assets under management (AUM) with no minimum investment requirementsDunham Porategovernment is currently producing year-to-date (YTD) return of 0.09% with the current yeild of 0.01%, while the total return for the last 3 years was -2.94%.
Check Dunham Porategovernment Probability Of Bankruptcy
Instrument Allocation
Dunham Porategovernment Target Price Odds Analysis
Based on a normal probability distribution, the odds of Dunham Porategovernment jumping above the current price in 90 days from now is about 98.0%. The Dunham Porategovernment Bond probability density function shows the probability of Dunham Porategovernment mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Dunham Porategovernment has a beta of 0.2202 suggesting as returns on the market go up, Dunham Porategovernment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dunham Porategovernment Bond will be expected to be much smaller as well. Additionally, dunham Porategovernment Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Dunham Porategovernment to move above the current price in 90 days from now is about 98.0 (This Dunham Porategovernment Bond probability density function shows the probability of Dunham Mutual Fund to fall within a particular range of prices over 90 days) .
Dunham Porategovernment Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Dunham Porategovernment market risk premium is the additional return an investor will receive from holding Dunham Porategovernment long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Dunham Porategovernment. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Dunham Porategovernment's alpha and beta are two of the key measurements used to evaluate Dunham Porategovernment's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2526 | |||
| Standard Deviation | 0.3278 | |||
| Variance | 0.1075 | |||
| Risk Adjusted Performance | (0.03) |
Dunham Porategovernment Against Markets
Picking the right benchmark for Dunham Porategovernment mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dunham Porategovernment mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dunham Porategovernment is critical whether you are bullish or bearish towards Dunham Porategovernment Bond at a given time. Please also check how Dunham Porategovernment's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dunham Porategovernment without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
How to buy Dunham Mutual Fund?
Before investing in Dunham Porategovernment, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Dunham Porategovernment. To buy Dunham Porategovernment fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dunham Porategovernment. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Dunham Porategovernment fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Dunham Porategovernment Bond fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Dunham Porategovernment Bond fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Dunham Porategovernment Bond, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Dunham Porategovernment Bond?
The danger of trading Dunham Porategovernment Bond is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dunham Porategovernment is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dunham Porategovernment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dunham Porategovernment is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dunham Porategovernment Bond. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Dunham Porategovernment information on this page should be used as a complementary analysis to other Dunham Porategovernment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.