Cullen High Dividend Equity Fund Class Institutional (CHDVX)
| Fund Assets | 666.48M |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 2.03 |
| Dividend Yield | 14.36% |
| Dividend Growth | 3.06% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 18, 2025 |
| Previous Close | 14.07 |
| YTD Return | 7.62% |
| 1-Year Return | 22.84% |
| 5-Year Return | 65.47% |
| 52-Week Low | 10.30 |
| 52-Week High | 14.24 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | Oct 7, 2004 |
About CHDVX
The Cullen High Dividend Equity Fund Class I is an open-end mutual fund designed to seek long-term capital appreciation alongside current income. This fund invests primarily in dividend-paying common stocks of medium- and large-capitalization companies, targeting equities with dividend yields higher than the average found in the S&P 500 Index. It typically maintains at least 80% of its net assets in these dividend-focused holdings, with the portfolio comprising approximately 42 to 44 stocks across a diverse set of sectors such as financials, healthcare, energy, utilities, and consumer discretionary industries. A notable feature of the fund's strategy is its selective use of covered call writing to generate additional income, which can further enhance yield. The fund may also allocate up to 30% of assets to foreign securities, providing some geographic diversification. With a minimum investment requirement of $1,000,000 for Class I shares and a net expense ratio of 0.75%, the Cullen High Dividend Equity Fund Class I is tailored to institutional and high-net-worth investors seeking a blend of capital growth and regular income distributions. The fund pays dividends monthly and emphasizes a disciplined, value-oriented approach to equity selection within the large value category.
Performance
CHDVX had a total return of 22.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.92%.
Top 10 Holdings
32.82% of assets| Name | Symbol | Weight |
|---|---|---|
| RTX Corporation | RTX | 3.96% |
| Johnson & Johnson | JNJ | 3.60% |
| Bank of America Corporation | BAC | 3.25% |
| JPMorgan Chase & Co. | JPM | 3.21% |
| SIEMENS AG-SPONS ADR | SIEB.DE | 3.20% |
| The Travelers Companies, Inc. | TRV | 3.18% |
| Morgan Stanley | MS | 3.18% |
| General Dynamics Corporation | GD | 3.12% |
| Citigroup Inc. | C | 3.10% |
| Cisco Systems, Inc. | CSCO | 3.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $1.7779 | Dec 19, 2025 |
| Nov 26, 2025 | $0.0294 | Nov 28, 2025 |
| Oct 30, 2025 | $0.0191 | Oct 31, 2025 |
| Sep 29, 2025 | $0.0246 | Sep 30, 2025 |
| Aug 28, 2025 | $0.02979 | Aug 29, 2025 |
| Jul 30, 2025 | $0.01002 | Jul 31, 2025 |