# EDGAR Filing Document

**Accession Number:** 0001420040
**File Stem:** 0001580642-25-008088
**Filing Date:** 2025-12
**Character Count:** 5216
**Document Hash:** 18bd52f7111da3e156234cb91c6cf8d2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-25-008088.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0001580642-25-008088

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**EFFECTIVENESS DATE**: 20251230

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dunham Funds
- **CENTRAL INDEX KEY:** 0001420040

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-147999
- **FILM NUMBER:** 251615201

**BUSINESS ADDRESS:**
- **STREET 1:** 6256 GREENWICH DRIVE
- **STREET 2:** SUITE 550
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122
- **BUSINESS PHONE:** 858-964-0500

**MAIL ADDRESS:**
- **STREET 1:** 6256 GREENWICH DRIVE
- **STREET 2:** SUITE 550
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122

## Series and Classes Contracts Data

### Dunham High Yield Bond Fund (Series ID: S000020978)

---

|  |  |  |
|:---|:---|:---|
| Class Name                          | Ticker Symbol | Class ID   |
| Dunham High Yield Bond Fund Class A | DAHYX         | C000059529 |
| Dunham High Yield Bond Fund Class C | DCHYX         | C000059530 |
| Dunham High Yield Bond Fund Class N | DNHYX         | C000059531 |

---

### Dunham Floating Rate Bond Fund (Series ID: S000042248)

---

|  |  |  |
|:---|:---|:---|
| Class Name                             | Ticker Symbol | Class ID   |
| Dunham Floating Rate Bond Fund Class A | DAFRX         | C000131123 |
| Dunham Floating Rate Bond Fund Class C | DCFRX         | C000131124 |
| Dunham Floating Rate Bond Fund Class N | DNFRX         | C000131125 |

---

## Series and Classes Contracts Data

### Dunham High Yield Bond Fund (Series ID: S000020978)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000059529 | Dunham High Yield Bond Fund Class A | DAHYX           |
| C000059530 | Dunham High Yield Bond Fund Class C | DCHYX           |
| C000059531 | Dunham High Yield Bond Fund Class N | DNHYX           |

### Dunham Floating Rate Bond Fund (Series ID: S000042248)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000131123 | Dunham Floating Rate Bond Fund Class A | DAFRX           |
| C000131124 | Dunham Floating Rate Bond Fund Class C | DCFRX           |
| C000131125 | Dunham Floating Rate Bond Fund Class N | DNFRX           |

**DUNHAM FUNDS**

**Dunham Floating Rate Bond Fund**

**Class A (DAFRX) \| Class C (DCFRX) \| Class N (DNFRX)**

**Dunham High-Yield Bond Fund**

**Class A (DAHYX) \| Class C (DCHYX) \| Class N (DNHYX)**

**Supplement dated December 30, 2025 to the<br> Statutory Prospectus (the "Prospectus") dated March 1, 2025** 

**This Supplement updates and supersedes any contrary information contained in the Prospectus.**

PineBridge Investments LLC ("PineBridge"), the sub-adviser to the Dunham Floating Rate Bond Fund and the Dunham High-Yield Bond Fund, has been acquired by MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), effective December 30, 2025. The portfolio management team, investment strategies and sub-advisory fees remain unchanged.

*Reference is made to the section entitled "Sub-Advisers and Sub-Adviser Portfolio Managers" beginning on page 103 of the Prospectus. Effective immediately, the first paragraph under the sub-heading "Dunham Floating Rate Bond Fund" is deleted in its entirety and replaced with the following information:*

PineBridge, located at Park Avenue Tower, 65 East 55th Street, New York, New York 10022, serves as the Sub-Adviser for the Dunham Floating Rate Bond Fund. PineBridge is a Delaware limited liability company and is a wholly-owned subsidiary of PineBridge Investment Holdings US LLC which is a wholly-owned subsidiary of Metlife Investment Management Holdings, LLC, a wholly-owned subsidiary of MetLife, Inc. PineBridge provides investment advice and markets asset management products and services to clients globally. As of December 31, 2024, PineBridge managed approximately $190.3 billion in assets.

*Reference is made to the section entitled "Sub-Advisers and Sub-Adviser Portfolio Managers" beginning on page 103 of the Prospectus. Effective immediately, the first paragraph under the sub-heading "Dunham High-Yield Bond Fund" is deleted in its entirety and replaced with the following information:*

PineBridge, located at Park Avenue Tower, 65 East 55th Street, New York, New York 10022, serves as the Sub-Adviser for the Dunham Floating Rate Bond Fund. PineBridge is a Delaware limited liability company and is a wholly-owned subsidiary of PineBridge Investment Holdings US LLC which is a wholly-owned subsidiary of Metlife Investment Management Holdings, LLC, a wholly-owned subsidiary of MetLife, Inc. PineBridge provides investment advice and markets asset management products and services to clients globally. As of December 31, 2024, PineBridge managed approximately $190.3 billion in assets.

\*\*\*

If you have any questions, please contact the Fund at (888) 3DUNHAM (338-6426).

**Investors Should Retain This Supplement For Future Reference**