Cullen Emerging Markets High Dividend Fund Class C (CEMGX)
| Fund Assets | 1.10B |
| Expense Ratio | 2.00% |
| Min. Investment | $1,000 |
| Turnover | 74.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.11% |
| Dividend Growth | -16.61% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 13.77 |
| YTD Return | 12.50% |
| 1-Year Return | 6.64% |
| 5-Year Return | 66.53% |
| 52-Week Low | 11.15 |
| 52-Week High | 13.84 |
| Beta (5Y) | n/a |
| Holdings | 66 |
| Inception Date | Aug 31, 2012 |
About CEMGX
The Cullen Emerging Markets High Dividend Fund – Class C is a mutual fund focused on investing primarily in undervalued equities within emerging markets that exhibit above-average earnings growth and dividend yields, targeting a yield of 4.5% or more. The fund maintains a concentrated portfolio of approximately 50 to 70 stocks diversified across all market sectors, emphasizing low price-to-earnings ratios, strong corporate governance, and sustainable cash flow. The investment process involves rigorous fundamental research with considerations for geopolitical and macroeconomic risks to mitigate exposure while capitalizing on the growth potential inherent in emerging economies. The fund seeks to provide long-term capital appreciation alongside current income, balancing dividend income with risk-adjusted returns over full market cycles. It enforces disciplined portfolio management, including diversification limits per stock, industry, and country, and has a structured sell discipline based on valuation and fundamentals. Managed by experienced portfolio managers, it serves as a vehicle for investors seeking exposure to high-dividend, value-oriented companies in developing markets.
Performance
CEMGX had a total return of 6.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.25%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VIAAX | Vanguard | Vanguard International Dividend Appreciation Index Fund Admiral Shares | 0.16% |
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 | $0.04915 | Jun 30, 2025 |
| Dec 19, 2024 | $0.07883 | Dec 20, 2024 |
| Sep 27, 2024 | $0.1626 | Sep 30, 2024 |
| Jun 27, 2024 | $0.08075 | Jun 28, 2024 |
| Dec 21, 2023 | $0.14457 | Dec 22, 2023 |
| Sep 28, 2023 | $0.12314 | Sep 29, 2023 |