Dunham Receives Refinitiv Lipper Fund Award for the Dunham Real Estate Stock Fund
Dunham & Associates Investment Counsel received the Refinitiv Lipper Fund Award for the Best Real Estate Fund over the 3-year period ending December 31, 2020. This prestigious recognition highlights the firm's commitment to fairness and accountability. CEO Jeffrey Dunham emphasized the importance of performance-based manager fees. The team, led by portfolio managers Burland B. East III and Creede Murphy, attributes their success to in-depth research, strong management relationships, and a focus on long-term value amidst market volatility. The fund's ticker symbol is DNREX.
- Awarded Best Real Estate Fund by Refinitiv Lipper.
- Strong commitment to performance-based manager compensation.
- Total assets under management are approximately $1.8 billion.
- Experienced management team with over 16 years of analytical expertise.
- None.
SAN DIEGO, March 20, 2021 /PRNewswire-PRWeb/ -- Dunham & Associates Investment Counsel, Inc. (DAIC) received the Refinitiv Lipper Fund Award for Best Real Estate Fund over the 3 year period. (Ending December 31, 2020.)
"Winning this award signals to our clients the dedication to fairness and accountability that was envisioned by this firm 36 years ago," said Jeffrey Dunham, Chairman/CEO of DAIC. "At Dunham, we believe that our fund managers should be paid fees based on their ability to outperform their benchmark. Our Analyst department, led by Ryan Dykmans for 16 years, is constantly monitoring and seeking fund managers that best represent Dunham's dedication to accountability. Refinitiv Lipper is well respected within our industry and it is an honor to receive such a prestigious award for the performance of our Dunham Real Estate Stock Fund."
The portfolio managers of the fund are Burland B. East III, CFA, Chief Executive Officer and Chief Investment Officer, and Creede Murphy, Chief Operating Officer.
Burland and Creede shared their advice for maintaining portfolio performance in the volatile market of 2020. "The depth of research we do on our investments gives us a rock to stand on in the storm," said Burland and Creede. "Building a relationship with management, visiting the real estate assets, and knowing the real drivers of long-term value for our companies and tenants helps us be unfazed by 'noise and panic' in the market and to trust our research. With this foundation, we can remain focused on the strategy implemented and keep watch for new developments."
Dunham congratulates Ryan Dykmans and the Dunham analyst team, AACA, and portfolio managers Burland B. East III and Creede Murphy on the award.
The Ticker symbol for the Dunham Real Estate Stock Fund is DNREX.
About Dunham & Associates Investment Counsel: Founded in 1985, Dunham & Associates Investment Counsel, Inc. (DAIC) is a Registered Investment Adviser and Broker/Dealer. DAIC offers mutual funds in which Sub-Advisers' compensation is tied to performance as measured against an established benchmark. DAIC's public funds launched in December 2004. DAIC has specialized in providing investment programs for institutions, foundations, and high-net-worth individuals for over two decades. DAIC has assets under management of approximately
About American Assets Capital Advisers, LLC: American Assets Capital Advisers, LLC ("AACA") is an investment adviser specializing in publicly traded real estate securities, which include Real Estate Investment Trusts ("REITS"), real estate operating companies, lodging and gaming, housing, land development, and real estate services. AACA manages separate accounts and mutual funds for institutions and individuals focusing on global real estate securities.
About Refinitiv Lipper Fund Award: For more than 30 years and in over 17 countries worldwide, the highly-respected Refinitiv Lipper Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focus the investment world on top-funds. The merit of the winners is based on entirely objective, quantitative criteria. This coupled with the unmatched depth of fund data, results in a unique level of prestige and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management. Find out more at http://www.lipperfundawards.com.
Disclosure: Refinitiv Lipper Fund Awards go to individual mutual funds that excel in providing consistently strong, risk-adjusted performance relative to their peers. The awards recognize individual classifications of three-, five- and 10-year periods using objective, quantitative criteria.
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
Disclosure:
US Mutual Fund Classification: Real Estate
Best Fund: 3 Years
Share Class: Class N
Ticker: DNREX
Funds in Category: 59
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 Dunham Funds' 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.
Performance data quoted represents past performance which is no guarantee of future results. Investment return and principal value of an investment in a Fund will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. All investing involves risk.
Dunham Funds are distributed by Dunham & Associates Investment Counsel, Inc., a Registered Investment Adviser and Broker/Dealer. Member FINRA / SIPC.
Media Contact
Haley Spanier, Dunham & Associates Investment Counsel, +1 8589640500 Ext: 2305, haley.spanier@dunham.com
SOURCE Dunham & Associates Investment Counsel
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