THE DUNHAM FUNDS SUB-ADVISORY AGREEMENTSub-Advisory Agreement • March 1st, 2022 • Dunham Funds • California
Contract Type FiledMarch 1st, 2022 Company JurisdictionThis AGREEMENT is dated June 1, 2021, and effective on or about August 31, 2021, among DUNHAM & ASSOCIATES INVESTMENT COUNSEL, INC., a California corporation (the “Adviser”), DUNHAM FUNDS, a Delaware statutory trust (the “Trust”) and Newton Investment Management North America, LLC, a State of Delaware limited liability company (the “Sub-Adviser”) (each a “Party,” and together, the “Parties”).