Cullen Emerging Markets High Dividend Fund Class I (CEMFX)
| Fund Assets | 1.84B |
| Expense Ratio | 1.00% |
| Min. Investment | $1,000,000 |
| Turnover | 118.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 1.58% |
| Dividend Growth | -27.98% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 19.23 |
| YTD Return | 17.24% |
| 1-Year Return | 52.24% |
| 5-Year Return | 87.83% |
| 52-Week Low | 11.27 |
| 52-Week High | 19.23 |
| Beta (5Y) | n/a |
| Holdings | 74 |
| 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 52.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.09%.
Top 10 Holdings
37.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Tencent Holdings Limited | 0700 | 5.57% |
| Alibaba Group Holding Limited | 9988 | 4.79% |
| Zijin Mining Group Company Limited | 2899 | 4.49% |
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 4.35% |
| Samsung Electronics Co., Ltd. | 005930 | 3.48% |
| China Construction Bank Corporation | 0939 | 3.35% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 3.31% |
| Contemporary Amperex Technology Co., Limited | 300750 | 3.12% |
| ICICI Bank Limited | IBN | 2.84% |
| Aldar Properties PJSC | ALDAR | 2.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.0213 | Dec 31, 2025 |
| Dec 18, 2025 | $0.0888 | Dec 19, 2025 |
| Sep 29, 2025 | $0.0874 | Sep 30, 2025 |
| Jun 27, 2025 | $0.08115 | Jun 30, 2025 |
| Mar 28, 2025 | $0.02145 | Mar 31, 2025 |
| Dec 19, 2024 | $0.11057 | Dec 20, 2024 |