Cullen Emerging Markets High Dividend Fund Class I (CEMFX)
| Fund Assets | 1.10B |
| Expense Ratio | 1.00% |
| Min. Investment | $1,000,000 |
| Turnover | 74.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 2.87% |
| Dividend Growth | -6.28% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 14.19 |
| YTD Return | 12.55% |
| 1-Year Return | 7.20% |
| 5-Year Return | 73.31% |
| 52-Week Low | 11.48 |
| 52-Week High | 14.26 |
| Beta (5Y) | n/a |
| Holdings | 66 |
| Inception Date | Aug 31, 2012 |
About CEMFX
Cullen Emerging Markets High Dividend Fund Class I is an open-end mutual fund designed to offer investors both long-term capital appreciation and current income by focusing on high-dividend paying equities in emerging markets. The fund targets undervalued companies with above-average earnings growth and robust dividend yields, typically aiming for a portfolio yield of 4.5% or higher. This institutional share class employs a disciplined value-investing approach, selecting approximately 50 to 70 holdings diversified across all major market sectors and several emerging market economies, while keeping sector and country concentrations in check. The fund’s investment process incorporates rigorous fundamental research, analyzing corporate governance, earnings momentum, and macroeconomic factors relevant to emerging economies. It seeks companies with stable balance sheets, sustainable cash flows, and superior dividend policies, while actively managing risk associated with geopolitical and currency fluctuations. With a minimum investment of $1 million and a net expense ratio of 1.00%, this fund is structured for institutional investors seeking exposure to emerging markets with a focus on income generation and value.
Performance
CEMFX had a total return of 7.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.07%.
Top 10 Holdings
36.81% of assets| Name | Symbol | Weight |
|---|---|---|
| China Construction Bank Corp | 939 | 4.65% |
| Alibaba Group Holding Ltd | 9988 | 4.53% |
| Tencent Holdings Ltd | 700 | 4.39% |
| Zijin Mining Group Co Ltd | 2899 | 4.01% |
| Powszechna Kasa Oszczednosci B - Powszechna Kasa Os | PKO | 3.55% |
| ICICI Bank Limited | IBN | 3.26% |
| Aldar Properties PJSC | ALDAR | 3.19% |
| Petroleo Brasileiro SA | PETR3 | 3.13% |
| Midea Group Co Ltd | 300 | 3.11% |
| BYD Co Ltd | 1211 | 2.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.08115 | Jun 30, 2025 |
| Mar 28, 2025 | $0.02145 | Mar 31, 2025 |
| Dec 19, 2024 | $0.11057 | Dec 20, 2024 |
| Sep 27, 2024 | $0.19405 | Sep 30, 2024 |
| Jun 27, 2024 | $0.11209 | Jun 28, 2024 |
| Dec 21, 2023 | $0.17176 | Dec 22, 2023 |