# EDGAR Filing Document

**Accession Number:** 0001420040
**File Stem:** 0000910472-26-009772
**Filing Date:** 2026-6
**Character Count:** 36343
**Document Hash:** b934a7e27476bfe4f510b9a978084a3c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-009772.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0000910472-26-009772

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20261031

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22153
- **FILM NUMBER:** 261123220

**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 Monthly Distribution Fund (Series ID: S000022888)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000066378 | Dunham Monthly Distribution Fund Class A | DAMDX           |
| C000066379 | Dunham Monthly Distribution Fund Class C | DCMDX           |
| C000066380 | Dunham Monthly Distribution Fund Class N | DNMDX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Dunham Funds

- **b. Investment Company Act file number:** 811-22153

- **c. CIK number of Registrant:** 0001420040

- **d. LEI of Registrant:** 549300FI2C3SP4YCHL80

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 6256 Greenwich Dr

  - **City:** SAN DIEGO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92122

  - **Telephone number:** 858-964-0500

**Item A.2. Information about the Series.**

- **a. Name of Series:** Dunham Monthly Distribution Fund

- **b. EDGAR series identifier (if any):** S000022888

- **c. LEI of Series:** 549300BJH1DPTJHNON75

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $497263708.09

**Total Liabilities:** $214777965.62

**Net Assets:** $282485742.47

**Cash Not Reported:** $131794360.21

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000066378 | 1.09%                | 0.27%                | 0.61%                |
| Class ID C000066379 | 1.07%                | 0.19%                | 0.49%                |
| Class ID C000066380 | 1.12%                | 0.29%                | 0.63%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1760781.28              | $1020496.34                                |
| Month 2  | $577666.71               | $-1257316.53                               |
| Month 3  | $153884.66               | $2631470.70                                |

**Designated Index Information**

- **Index Name:** Dunham Monthly Distribution Fund DRP

- **Index Identifier:** DUNHAM MONTHLY DISTRIBUTION FUND DRP

### Schedule of Portfolio Investments

| Name                                     | Title                                | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   4262780 | NC      | $-41074.54    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| CYBER ARK SOFTWARE CONTRA                | CYBER ARK SOFTWARE CONTRA            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     21955 | NS      | $987975.00    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - EUR              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |  10320553 | NC      | $153992.40    | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    343616 | NC      | $-5512.12     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| SHELL PLC                                | SHELL PLC-ADR                        | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Short            | EC               | CORP              | GB        |    -73129 | NS      | $-6630606.43  | -2.35%            |  |  |  | No            | 1                  | On Loan: No      |
| SILICON LABORATORIES INC                 | SILICON LABS                         | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |     26775 | NS      | $5828917.50   | 2.06%             |  |  |  | No            | 1                  | On Loan: —       |
| KIMBERLY CLARK CORP                      | KIMBERLY-CLARK                       | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Short            | EC               | CORP              | US        |    -71332 | NS      | $-7021208.76  | -2.49%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   4396056 | NC      | $-93576.28    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| TPG INC - CVR                            | TPG INC - CVR                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    111677 | NS      | $1116.77      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - AUD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   5544404 | NC      | $273627.68    | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| TXNM ENERGY INC                          | TXNM ENERGY INC                      | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |    205198 | NS      | $12118993.88  | 4.29%             |  |  |  | No            | 1                  | On Loan: No      |
| MASIMO CORP                              | MASIMO CORP                          | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |     47784 | NS      | $8526099.12   | 3.02%             |  |  |  | No            | 1                  | On Loan: —       |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    507055 | NC      | $-2670.13     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| COREBRIDGE FINANCIAL INC                 | COREBRIDGE FINAN                     | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |     84086 | NS      | $2315728.44   | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| QORVO INC                                | QORVO INC                            | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |     79440 | NS      | $7484836.80   | 2.65%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    523272 | NC      | $-8848.33     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| KENVUE INC                               | KENVUE INC                           | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |    487729 | NS      | $8549889.37   | 3.03%             |  |  |  | No            | 1                  | On Loan: —       |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   3529873 | NC      | $-56364.71    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    554517 | NC      | $-1584.54     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| ARC RESOURCES LTD                        | ARC RESOURCES LT                     | CUSIP: 00208D408<br>LEI: 5493000OCGNQZEVTDT08 | Long             | EC               | CORP              | CA        |    363375 | NS      | $8619048.06   | 3.05%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - GBP              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |  10781741 | NC      | $76984.60     | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    366243 | NC      | $-1278.46     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    443415 | NC      | $-2384.66     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| FIDELITY COLCHESTER STREET TRUST         | FID-MM GOVT-I                        | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |  22037388 | PA      | $22037388.34  | 7.80%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   2913736 | NC      | $-53235.48    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    179826 | NC      | $-3320.51     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| UNION PACIFIC CORP                       | UNION PAC CORP                       | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Short            | EC               | CORP              | US        |    -38787 | NS      | $-10452320.76 | -3.70%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - AUD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   6158163 | NC      | $126824.97    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| AES CORP (THE)                           | AES CORP                             | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |    733900 | NS      | $10604855.00  | 3.75%             |  |  |  | No            | 1                  | On Loan: No      |
| SKYWORKS SOLUTIONS INC                   | SKYWORKS SOLUTIO                     | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Short            | EC               | CORP              | US        |    -76264 | NS      | $-5351444.88  | -1.89%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   2901100 | NC      | $-61644.11    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| EQUITABLE HOLDINGS INC                   | EQUITABLE HOLDIN                     | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Short            | EC               | CORP              | US        |    -54068 | NS      | $-2281669.60  | -0.81%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   1568632 | NC      | $-23648.58    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - GBP              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   5757950 | NC      | $41113.35     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| CENTESSA PHARMACEUTICALS PLC             | CENTESSA PHARMAC                     | CUSIP: 152309100<br>LEI: 213800GIDAARDSKOI827 | Long             | EC               | CORP              | GB        |    179328 | NS      | $7069109.76   | 2.50%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   2390464 | NC      | $-36187.60    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    324310 | NC      | $-5203.56     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   2792202 | NC      | $-17526.16    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - AUD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   1941445 | NC      | $50693.06     | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   1199376 | NC      | $-25484.98    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     79587 | NC      | $-1013.50     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| NORTHWESTERN ENERGY GROUP INC            | NORTHWESTERN ENE                     | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |    196949 | NS      | $14247290.66  | 5.04%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   1217778 | NC      | $-20592.16    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| SCHRODERS PLC                            | SCHRODERS PLC                        | CUSIP: G78602144<br>LEI: 2138001YYBULX5SZ2H24 | Long             | EC               | CORP              | GB        |   1352888 | NS      | $10674689.01  | 3.78%             |  |  |  | No            | 1                  | On Loan: No      |
| WARNER BROS. DISCOVERY INC               | WARNER BROS DISC                     | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |    201509 | NS      | $5450818.45   | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| ESSENTIAL UTILITIES INC                  | ESSENTIAL UTILIT                     | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |    292906 | NS      | $11189009.20  | 3.96%             |  |  |  | No            | 1                  | On Loan: No      |
| QUBE HOLDINGS LTD                        | QUBE HOLDINGS LT                     | CUSIP: Q7834B112<br>LEI: 391200RT2MUFEO3RFW25 | Long             | EC               | CORP              | AU        |   2400043 | NS      | $8709206.36   | 3.08%             |  |  |  | No            | 1                  | On Loan: No      |
| BANCO SANTANDER SA                       | BANCO SANTANDER SA-SPON A            | CUSIP: 05964H105<br>LEI: 5493006QMFDDMYWIAM13 | Short            | EC               | CORP              | ES        |   -175953 | NS      | $-2144867.07  | -0.76%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   4434992 | NC      | $-64118.55    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   2094919 | NC      | $-32164.81    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| CHART INDUSTRIES INC                     | CHART INDUSTRIES                     | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |     53732 | NS      | $11170882.80  | 3.95%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   1512900 | NC      | $-7850.65     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   8730344 | NC      | $-126254.07   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   2767237 | NC      | $-50558.87    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    181502 | NC      | $-1279.52     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| AMERICAN AIRLINES GROUP INC              | AMERICAN AIRLINE                     | CUSIP: 02376R102<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | EC               | CORP              | US        |      1025 | NS      | $12002.75     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | MOUNT VERNON LIQUID ASSETS PORTFOLIO | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| NORFOLK SOUTHERN CORP                    | NORFOLK SOUTHERN                     | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     38786 | NS      | $12249782.38  | 4.34%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    453889 | NC      | $-9421.66     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     12005 | NC      | $0.16         | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| NCR ATLEOS CORP                          | NCR ATLEOS CORP                      | CUSIP: 63001N106<br>LEI: 9845005FC3S0VA714741 | Long             | EC               | CORP              | US        |    210107 | NS      | $9324548.66   | 3.30%             |  |  |  | No            | 1                  | On Loan: No      |
| WEBSTER FINANCIAL CORP                   | WEBSTER FINL                         | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    180878 | NS      | $13088332.08  | 4.63%             |  |  |  | No            | 1                  | On Loan: No      |
| BEAZLEY PLC                              | Beazley PLC                          | CUSIP: G0936K107<br>LEI: 213800VTOMUWD41GIT12 | Long             | EC               | CORP              | GB        |    325403 | NS      | $5648558.36   | 2.00%             |  |  |  | No            | 1                  | On Loan: No      |
| AKZO NOBEL NV                            | AKZO NOBEL                           | CUSIP: N01803308<br>LEI: 724500XYIJUGXAA5QD70 | Short            | EC               | CORP              | NL        |   -139327 | NS      | $-8157801.10  | -2.89%            |  |  |  | No            | 1                  | On Loan: No      |
| ELECTRONIC ARTS INC                      | ELECTRONIC ARTS                      | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     27166 | NS      | $5497583.42   | 1.95%             |  |  |  | No            | 1                  | On Loan: No      |
| COLUMBIA PIPELINE GROUP INC              | COLUMBIA PIPELIN                     | CUSIP: 198280109<br>LEI: 549300SRP1TQM9JJBG80 | Long             | EC               | CORP              | US        |     84102 | NS      | $0.00         | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    405625 | NC      | $-5179.48     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| LIBERTY BROADBAND CORP                   | LIBERTY BR-C                         | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |    136069 | NS      | $5237295.81   | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Novo Nordisk A/S                         | NOVO NORDISK A/S-CVR                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | DK        |     47455 | NS      | $23727.50     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   1235125 | NC      | $-3556.32     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    907791 | NC      | $-25280.64    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   5671052 | NC      | $-105366.57   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    724828 | NC      | $-10429.64    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    717027 | NC      | $-10733.20    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| COTERRA ENERGY INC                       | COTERRA ENERGY I                     | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    261568 | NS      | $9392906.88   | 3.33%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     18730 | NC      | $-272.80      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| AXALTA COATING SYSTEMS LTD               | AXALTA COATING S                     | CUSIP: G0750C108<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | BM        |    294173 | NS      | $8366280.12   | 2.96%             |  |  |  | No            | 1                  | On Loan: No      |
| BRINK'S COMPANY (THE)                    | BRINK'S CO/THE                       | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Short            | EC               | CORP              | US        |    -33073 | NS      | $-3530542.75  | -1.25%            |  |  |  | No            | 1                  | On Loan: No      |
| CHARTER COMMUNICATIONS INC               | CHARTER COMMUN-A                     | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Short            | EC               | CORP              | US        |    -32119 | NS      | $-5305095.23  | -1.88%            |  |  |  | No            | 1                  | On Loan: No      |
| BANCO SANTANDER SA                       | BANCO SANTANDER                      | CUSIP: E19790109<br>LEI: 5493006QMFDDMYWIAM13 | Short            | EC               | CORP              | ES        |   -195716 | NS      | $-2384707.22  | -0.84%            |  |  |  | No            | 1                  | On Loan: No      |
| Altaba Inc                               | ALTABA INC                           | CUSIP: 021346101<br>LEI: 549300ZJC0V1K2ZCKG85 | Long             | EC               | RF                | US        |   2468782 | NS      | $3085977.50   | 1.09%             |  |  |  | No            | 1                  | On Loan: No      |
| DEVON ENERGY CORP                        | DEVON ENERGY CO                      | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Short            | EC               | CORP              | US        |   -183099 | NS      | $-9405795.63  | -3.33%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   4034308 | NC      | $-111897.69   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    504300 | NC      | $-1304.98     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   8919815 | NC      | $187584.78    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| PERSHING SPARC HLDGS RTS                 | PERSHING SPARC HLDGS RTS             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    117447 | NS      | $35234.10     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| NATIONAL STORAGE AFFILIATES TRUST        | NATIONAL STORAGE                     | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |     42100 | NS      | $1791776.00   | 0.63%             |  |  |  | No            | 1                  | On Loan: —       |
| AMERICAN WATER WORKS COMPANY INC         | AMERICAN WATER W                     | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Short            | EC               | CORP              | US        |    -89339 | NS      | $-11472914.38 | -4.06%            |  |  |  | No            | 1                  | On Loan: No      |
| ABIOMED, INC.                            | ABIOMED INC -CVR                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |     34956 | NS      | $55929.60     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| TRI POINTE HOMES INC                     | TRI POINTE HOMES                     | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    150804 | NS      | $7071199.56   | 2.50%             |  |  |  | No            | 1                  | On Loan: No      |
| BLACK HILLS CORP                         | BLACK HILLS CORP                     | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Short            | EC               | CORP              | US        |   -192832 | NS      | $-14518321.28 | -5.14%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - AUD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   2044226 | NC      | $53376.77     | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   1530729 | NC      | $-23172.66    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - CAD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     34728 | NC      | $1.02         | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| AMERICAN AIRLINES GROUP, INC. ESCROW SEC | AMR CORP-ESCROW SECURITY             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    101283 | NS      | $0.00         | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| RESOLUTE FOREST PRODUCTS, INC. - CVR     | RESOLUTE FOREST -CVR                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    532221 | NS      | $798331.50    | 0.28%             |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                      | CURRENCY CONTRACT - USD              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   7982040 | NC      | $-76911.92    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| PUBLIC STORAGE                           | PUBLIC STORAGE                       | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Short            | EC               | CORP              | US        |     -5894 | NS      | $-1782640.30  | -0.63%            |  |  |  | No            | 1                  | On Loan: No      |
| SELECT MEDICAL HOLDINGS CORP             | SELECT MEDICAL                       | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    342184 | NS      | $5615239.44   | 1.99%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** Dunham Funds

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Assistant Treasurer