# EDGAR Filing Document

**Accession Number:** 0001420040
**File Stem:** 0000910472-25-005973
**Filing Date:** 2025-12
**Character Count:** 38309
**Document Hash:** a62052650a3b2442dcc28960a5885e0e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-005973.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000910472-25-005973

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**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:** 251604013

**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 Small Cap Growth Fund (Series ID: S000020973)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000059514 | Dunham Small Cap Growth Fund Class A | DADGX           |
| C000059515 | Dunham Small Cap Growth Fund Class C | DCDGX           |
| C000059516 | Dunham Small Cap Growth Fund Class N | DNDGX           |

## 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 Small Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000020973

- **c. LEI of Series:** 54930051EXOQ52YVED02

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $90981822.50

**Total Liabilities:** $1307798.01

**Net Assets:** $89674024.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000059515 | 4.30%                | 3.64%                | 2.11%                |
| Class ID C000059516 | 4.43%                | 3.72%                | 2.20%                |
| Class ID C000059514 | 4.47%                | 3.65%                | 2.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $324246.42               | $3270347.65                                |
| Month 2  | $852097.21               | $2354324.11                                |
| Month 3  | $737019.90               | $1176361.71                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Cheniere Energy Inc                     | CHENIERE ENERGY                      | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      1683 | NS      | $356796.00    | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Radnet Inc                              | RADNET INC                           | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |     13859 | NS      | $1053145.41   | 1.17%             |  |  |  | No            | 1                  | On Loan: —       |
| Teledyne Technologies Inc               | TELEDYNE TECH                        | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      1768 | NS      | $931417.76    | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Denali Therapeutics Inc                 | DENALI THERAPEUT                     | CUSIP: 24823R105<br>LEI: 549300ZTQ2HO18L3Q830 | Long             | EC               | CORP              | US        |     35948 | NS      | $585233.44    | 0.65%             |  |  |  | No            | 1                  | On Loan: —       |
| Figure Technology Solutions Inc.        | FIGURE TECHNOL-A                     | CUSIP: 349381103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10745 | NS      | $425502.00    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Alignment Healthcare Inc                | ALIGNMENT HEALTH                     | CUSIP: 01625V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68653 | NS      | $1157489.58   | 1.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Ameresco Inc                            | AMERESCO INC-A                       | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |     22296 | NS      | $881137.92    | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Powell Industries Inc.                  | POWELL INDS INC                      | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |      2920 | NS      | $1119498.80   | 1.25%             |  |  |  | No            | 1                  | On Loan: —       |
| Lattice Semiconductor Corporation       | LATTICE SEMICOND                     | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |     11532 | NS      | $841374.72    | 0.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Sensient Technologies Corp              | SENSIENT TECHNOL                     | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |      5469 | NS      | $515672.01    | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Oddity Tech Ltd.                        | ODDITY TECH LTD                      | CUSIP: M7518J104<br>LEI: 254900QH12XZS53G0V57 | Long             | EC               | CORP              | IL        |     12513 | NS      | $566213.25    | 0.63%             |  |  |  | No            | 1                  | On Loan: —       |
| Installed Building Products Inc         | INSTALLED BUILDI                     | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |      3255 | NS      | $807988.65    | 0.90%             |  |  |  | No            | 1                  | On Loan: —       |
| Advanced Energy Industries, Inc.        | ADV ENERGY INDS                      | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |      4624 | NS      | $937423.52    | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| E L F Beauty Inc                        | ELF BEAUTY INC                       | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |      7099 | NS      | $867071.86    | 0.97%             |  |  |  | No            | 1                  | On Loan: No      |
| MongoDB Inc.                            | MONGODB INC                          | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      3041 | NS      | $1094212.62   | 1.22%             |  |  |  | No            | 1                  | On Loan: No      |
| JFrog Ltd                               | JFROG LTD                            | CUSIP: M6191J100<br>LEI: 2549002N8E00AY49G567 | Long             | EC               | CORP              | IL        |     13260 | NS      | $629584.80    | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Valmont Industries, Inc.                | VALMONT INDS                         | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      2361 | NS      | $976108.23    | 1.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Boot Barn Holdings Inc                  | BOOT BARN HOLDIN                     | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      4442 | NS      | $842425.30    | 0.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Sterling Infrastructure Inc             | STERLING INFRAST                     | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      1510 | NS      | $570629.00    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Procore Technologies Inc                | PROCORE TECHNOLO                     | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |     15969 | NS      | $1178831.58   | 1.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity Colchester Street Trust        | FID-MM GOVT-I                        | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |   3558808 | PA      | $3558807.51   | 3.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Confluent Inc                           | CONFLUENT INC-A                      | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |     33209 | NS      | $776094.33    | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Interparfums Inc                        | INTERPARFUMS INC                     | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7075 | NS      | $630736.25    | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Olema Pharmaceuticals Inc.              | OLEMA PHARMACEUT                     | CUSIP: 68062P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43238 | NS      | $387844.86    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| National Vision Holdings Inc            | NATIONAL VISION                      | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |     23811 | NS      | $613133.25    | 0.68%             |  |  |  | No            | 1                  | On Loan: —       |
| Universal Technical Institute, Inc.     | UNIVERSAL TECHNI                     | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |     27686 | NS      | $822827.92    | 0.92%             |  |  |  | No            | 1                  | On Loan: No      |
| Skywater Technology Inc.                | SKYWATER TECHNOL                     | CUSIP: 83089J108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23307 | NS      | $407522.90    | 0.45%             |  |  |  | No            | 1                  | On Loan: —       |
| CECO Environmental Corp.                | CECO ENVIRONMNTL                     | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |     18617 | NS      | $910185.13    | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| ESCO Technologies Inc.                  | ESCO TECH INC                        | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |      2066 | NS      | $453425.02    | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Texas Roadhouse Inc                     | TEXAS ROADHOUS                       | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      2184 | NS      | $357258.72    | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Xometry Inc                             | XOMETRY INC-A                        | CUSIP: 98423F109<br>LEI: 5493006JFRGU7YRRXE44 | Long             | EC               | CORP              | US        |     18037 | NS      | $878221.53    | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Onto Innovation Inc.                    | ONTO INNOVATION                      | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |      9127 | NS      | $1231779.92   | 1.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Codexis Inc                             | CODEXIS INC                          | CUSIP: 192005106<br>LEI: 549300KGLM6CDPTVSE20 | Long             | EC               | CORP              | US        |    225169 | NS      | $533650.53    | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Privia Health Group Inc.                | PRIVIA HEALTH GR                     | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43731 | NS      | $1062663.30   | 1.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Evercore Inc                            | EVERCORE INC                         | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      2044 | NS      | $602080.64    | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| Flowserve Corporation                   | FLOWSERVE CORP                       | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     15342 | NS      | $1047091.50   | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Arcellx Inc                             | ARCELLX INC                          | CUSIP: 03940C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6794 | NS      | $613158.50    | 0.68%             |  |  |  | No            | 1                  | On Loan: —       |
| BILL Holdings Inc                       | BILL HOLDINGS IN                     | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |     11760 | NS      | $584001.60    | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Houlihan Lokey Inc.                     | HOULIHAN LOKEY I                     | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      5548 | NS      | $993535.84    | 1.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Omnicell Inc                            | OMNICELL INC                         | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |     14378 | NS      | $482669.46    | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Tradeweb Markets Inc                    | TRADEWEB MARKE-A                     | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4633 | NS      | $488271.87    | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Moelis & Co.                            | MOELIS & CO-CL A                     | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     16280 | NS      | $1031012.40   | 1.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Centrus Energy Corp.                    | CENTRUS ENERGY-A                     | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |      1816 | NS      | $667307.36    | 0.74%             |  |  |  | No            | 1                  | On Loan: —       |
| Sitime Corporation                      | SITIME CORP                          | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4303 | NS      | $1246320.92   | 1.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Mirion Technologies Inc                 | MIRION TECHNOLOG                     | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |     90199 | NS      | $2649144.63   | 2.95%             |  |  |  | No            | 1                  | On Loan: —       |
| Axon Enterprise Inc                     | AXON ENTERPRISE                      | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      1142 | NS      | $836206.66    | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Kodiak Gas Services Inc.                | KODIAK GAS SERVI                     | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25415 | NS      | $937305.20    | 1.05%             |  |  |  | No            | 1                  | On Loan: —       |
| Lindblad Expeditions Holdings Inc.      | LINDBLAD EXPEDIT                     | CUSIP: 535219109<br>LEI: 549300GSPW24GZE6R597 | Long             | EC               | CORP              | US        |     74545 | NS      | $899012.70    | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Perella Weinberg Partners               | PERELLA WEINBERG                     | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54652 | NS      | $1020899.36   | 1.14%             |  |  |  | No            | 1                  | On Loan: —       |
| Capricor Therapeutics Inc               | CAPRICOR THERAPE                     | CUSIP: 14070B309<br>LEI: 5493002ZI5PDLXV4DX14 | Long             | EC               | CORP              | US        |     59610 | NS      | $388061.10    | 0.43%             |  |  |  | No            | 1                  | On Loan: —       |
| Glacier Bancorp Inc.                    | GLACIER BANCORP                      | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |     23278 | NS      | $950906.30    | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Bloom Energy Corporation                | BLOOM ENERGY C-A                     | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |      5279 | NS      | $697672.64    | 0.78%             |  |  |  | No            | 1                  | On Loan: —       |
| BWX Technologies Inc.                   | BWX TECHNOLOGIES                     | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |      6052 | NS      | $1292767.72   | 1.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Fulton Financial Corporation            | FULTON FINANCIAL                     | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |     68004 | NS      | $1181229.48   | 1.32%             |  |  |  | No            | 1                  | On Loan: No      |
| ATI Inc                                 | ATI INC                              | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |      5950 | NS      | $588871.50    | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Ollies Bargain Outlet Holdings Inc.     | OLLIE'S BARGAIN                      | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |      7101 | NS      | $857871.81    | 0.96%             |  |  |  | No            | 1                  | On Loan: —       |
| Alphatec Holdings Inc.                  | ALPHATEC HOLDING                     | CUSIP: 02081G201<br>LEI: 549300EZE8CQ8K65FS24 | Long             | EC               | CORP              | US        |     11068 | NS      | $210181.32    | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Allegro MicroSystems Inc                | ALLEGRO MICROSYS                     | CUSIP: 01749D105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28741 | NS      | $859930.72    | 0.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Angiodynamics Inc                       | ANGIODYNAMICS IN                     | CUSIP: 03475V101<br>LEI: 549300W3VKC5ZKMO8C28 | Long             | EC               | CORP              | US        |     71143 | NS      | $855850.29    | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Century Communities Inc                 | CENTURY COMMUNIT                     | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |     19226 | NS      | $1142024.40   | 1.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Repligen Corporation                    | REPLIGEN CORP                        | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |      6492 | NS      | $967697.52    | 1.08%             |  |  |  | No            | 1                  | On Loan: —       |
| Aehr Test Systems Inc.                  | AEHR TEST SYSTEM                     | CUSIP: 00760J108<br>LEI: 529900A4GWWZFRU2RE97 | Long             | EC               | CORP              | US        |     27307 | NS      | $709708.93    | 0.79%             |  |  |  | No            | 1                  | On Loan: —       |
| Fabrinet                                | FABRINET                             | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |      2418 | NS      | $1065298.26   | 1.19%             |  |  |  | No            | 1                  | On Loan: —       |
| Q2 Holdings Inc                         | Q2 HOLDINGS INC                      | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |     10360 | NS      | $639833.60    | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Nlight Inc.                             | NLIGHT INC                           | CUSIP: 65487K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16769 | NS      | $553544.69    | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| OneSpaWorld Holdings Ltd.               | ONESPAWORLD HOLD                     | CUSIP: P73684113<br>LEI: 5493007W8PZ8W6UC2X76 | Long             | EC               | CORP              | BS        |     48333 | NS      | $1124708.91   | 1.25%             |  |  |  | No            | 1                  | On Loan: —       |
| Ardent Health Inc.                      | ARDENT HEALTH IN                     | CUSIP: 03980N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67422 | NS      | $981664.32    | 1.09%             |  |  |  | No            | 1                  | On Loan: —       |
| Formfactor Inc                          | FORMFACTOR INC                       | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |      3669 | NS      | $201611.55    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Mercury Systems Inc                     | MERCURY SYSTEMS                      | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |     11558 | NS      | $894704.78    | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Roivant Sciences Ltd                    | ROIVANT SCIENCES                     | CUSIP: G76279101<br>LEI: 549300DL466NY5J6U724 | Long             | EC               | CORP              | BM        |     47131 | NS      | $942148.69    | 1.05%             |  |  |  | No            | 1                  | On Loan: —       |
| Box Inc.                                | BOX INC- CLASS A                     | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |     13339 | NS      | $428048.51    | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Surgery Partners Inc                    | SURGERY PARTNERS                     | CUSIP: 86881A100<br>LEI: 549300LC82HG33S19I03 | Long             | EC               | CORP              | US        |     40269 | NS      | $883099.17    | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Tower Semiconductor Limited             | TOWER SEMICONDCT                     | CUSIP: M87915274<br>LEI: 54930086ZSNXZOUX0C54 | Long             | EC               | CORP              | IL        |      6374 | NS      | $542873.58    | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| UiPath Inc.                             | UIPATH INC -CL A                     | CUSIP: 90364P105<br>LEI: 5493000YP61KBELDHT53 | Long             | EC               | CORP              | US        |     32021 | NS      | $507853.06    | 0.57%             |  |  |  | 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      |
| Comfort Systems USA Inc.                | COMFORT SYSTEMS                      | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      2000 | NS      | $1931160.00   | 2.15%             |  |  |  | No            | 1                  | On Loan: No      |
| IMAX Corporation                        | IMAX CORP                            | CUSIP: 45245E109<br>LEI: 5493002KS2T1Q0X7VZ21 | Long             | EC               | CORP              | CA        |     31470 | NS      | $1022460.30   | 1.14%             |  |  |  | No            | 1                  | On Loan: —       |
| Establishment Labs Hldgs Inc            | ESTABLISHMENT LABS HOLDIN            | CUSIP: G31249108<br>LEI: 549300BCBQ714JNJ7V58 | Long             | EC               | CORP              | VG        |     22711 | NS      | $1088992.45   | 1.21%             |  |  |  | No            | 1                  | On Loan: —       |
| Monolithic Power Systems Inc.           | MONOLITHIC POWER                     | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |       530 | NS      | $532650.00    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| SI-BONE Inc.                            | SI-BONE INC                          | CUSIP: 825704109<br>LEI: 549300J8JGYVJJHV9C31 | Long             | EC               | CORP              | US        |     55080 | NS      | $816836.40    | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Guardant Health Inc                     | GUARDANT HEALTH                      | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |      6958 | NS      | $647233.16    | 0.72%             |  |  |  | No            | 1                  | On Loan: —       |
| Advanced Drainage System Inc            | ADVANCED DRAINAG                     | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |      6328 | NS      | $886236.40    | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Addus Homecare Corp                     | ADDUS HOMECARE                       | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |      7123 | NS      | $832607.47    | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Canada Goose Holdings Inc.              | CANADA GOOSE HOL                     | CUSIP: 135086106<br>LEI: 529900891XBE6RV8JR07 | Long             | EC               | CORP              | CA        |     39054 | NS      | $544022.22    | 0.61%             |  |  |  | No            | 1                  | On Loan: —       |
| Modine Manufacturing Co.                | MODINE MFG CO                        | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |      5748 | NS      | $880651.08    | 0.98%             |  |  |  | No            | 1                  | On Loan: —       |
| Hexcel Corporation                      | HEXCEL CORP                          | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |     18326 | NS      | $1308476.40   | 1.46%             |  |  |  | No            | 1                  | On Loan: —       |
| Cavco Industries                        | CAVCO INDUSTRIES                     | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1024 | NS      | $542515.20    | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Applied Industrial Technologies Inc.    | APPLIED INDU TEC                     | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      2100 | NS      | $539889.00    | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| MSA Safety Inc.                         | MSA SAFETY INC                       | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |      5045 | NS      | $792216.35    | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Vertex Inc                              | VERTEX INC - A                       | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |     19840 | NS      | $454336.00    | 0.51%             |  |  |  | No            | 1                  | On Loan: —       |
| Saia Inc                                | SAIA INC                             | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      3100 | NS      | $906750.00    | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Commvault Systems Inc.                  | COMMVAULT SYSTEM                     | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |      5834 | NS      | $812209.48    | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Clearwater Analytics Holdings Inc       | CLEARWATER AN-A                      | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65072 | NS      | $1197975.52   | 1.34%             |  |  |  | No            | 1                  | On Loan: —       |
| Adaptive Biotechnologies Corp           | ADAPTIVE BIOTECH                     | CUSIP: 00650F109<br>LEI: 549300ZTF7OT1FW66Q96 | Long             | EC               | CORP              | US        |     82929 | NS      | $1439647.44   | 1.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Certara Inc                             | CERTARA INC                          | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93102 | NS      | $1082776.26   | 1.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Champion Homes Inc.                     | CHAMPION HOMES I                     | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15069 | NS      | $1028157.87   | 1.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Belden Inc.                             | BELDEN INC                           | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |      8241 | NS      | $1004165.85   | 1.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Dynatrace Inc                           | DYNATRACE INC                        | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     15257 | NS      | $771546.49    | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| Fluence Energy Inc                      | FLUENCE ENERGY I                     | CUSIP: 34379V103<br>LEI: 25490043LHZ97BT5PP29 | Long             | EC               | CORP              | US        |     27437 | NS      | $576177.00    | 0.64%             |  |  |  | No            | 1                  | On Loan: —       |
| Herc Holdings Inc                       | HERC HOLDINGS IN                     | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |      7114 | NS      | $1010543.70   | 1.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Gitlab Inc                              | GITLAB INC-CL A                      | CUSIP: 37637K108<br>LEI: 9845004Y40FACG81ED49 | Long             | EC               | CORP              | US        |     21523 | NS      | $1049246.25   | 1.17%             |  |  |  | No            | 1                  | On Loan: —       |
| AZZ Inc                                 | AZZ INC                              | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |      8890 | NS      | $887666.50    | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Anavex Life Sciences Corp.              | ANAVEX LIFE SCIENCES CORP            | CUSIP: 032797300<br>LEI: 549300K1I5L8COCQ8W36 | Long             | EC               | CORP              | US        |     57757 | NS      | $460323.29    | 0.51%             |  |  |  | No            | 1                  | On Loan: —       |
| GRAIL Inc                               | GRAIL INC                            | CUSIP: 384747101<br>LEI: 2549009XSNESW3VE8024 | Long             | EC               | CORP              | US        |      6674 | NS      | $613540.82    | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Seacoast Banking Corporation Of Florida | SEACOAST BANK/FL                     | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |     32742 | NS      | $992082.60    | 1.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Structure Therapeutics Inc              | STRUCTURE THERAP                     | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     21095 | NS      | $702885.40    | 0.78%             |  |  |  | No            | 1                  | On Loan: —       |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** Dunham Funds

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Assistant Treasurer