Cullen High Dividend Equity Fund Class Institutional (CHDVX)
| Fund Assets | 681.92M |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 2.03 |
| Dividend Yield | 15.06% |
| Dividend Growth | 4.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 30, 2026 |
| Previous Close | 13.51 |
| YTD Return | 3.54% |
| 1-Year Return | 18.03% |
| 5-Year Return | 48.60% |
| 52-Week Low | 11.87 |
| 52-Week High | 14.94 |
| 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 18.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.87%.
Top 10 Holdings
34.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Johnson & Johnson | JNJ | 3.69% |
| Citigroup Inc. | C | 3.55% |
| Morgan Stanley | MS | 3.54% |
| Bank of America Corporation | BAC | 3.45% |
| RTX Corporation | RTX | 3.41% |
| Cisco Systems, Inc. | CSCO | 3.39% |
| Siemens AG ADR | SIEB.DE | 3.31% |
| The Travelers Companies, Inc. | TRV | 3.29% |
| JPMorgan Chase & Co. | JPM | 3.27% |
| NextEra Energy, Inc. | NEE | 3.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 30, 2026 | $0.0456 | Mar 31, 2026 |
| Feb 26, 2026 | $0.0192 | Feb 27, 2026 |
| 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 |