Cutler Equity Fund (DIVHX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

32.42

-0.01 (-0.03%)

At close: Aug 26, 2026

10.76% (1Y)

Fund Assets	225.20M
Expense Ratio	0.99%
Min. Investment	$2,500
Turnover	1.00%
Dividend (ttm)	0.38
Dividend Yield	1.16%
Dividend Growth	-3.23%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 30, 2026

Previous Close	32.43
YTD Return	14.20%
1-Year Return	16.85%
5-Year Return	57.38%
52-Week Low	28.56
52-Week High	32.77
Beta (5Y)	0.86
Holdings	35
Inception Date	Dec 30, 1992

About DIVHX

Cutler Equity Fund is a mutual fund focusing on large-cap U.S. equities with a value-oriented investment approach. The fund primarily invests in companies with market capitalizations of at least $10 billion that demonstrate a stable and consistent dividend history, requiring at least a decade without dividend reductions. This dividend discipline reflects the fund’s philosophy that reliable dividend payments serve as a measure of financial health and risk management. The portfolio is diversified across various sectors, with significant allocations to technology, industrials, consumer cyclical, financial services, and energy, often holding industry leaders such as Microsoft, Caterpillar, and Walmart. The fund aims to provide current income and long-term capital appreciation rather than seeking the highest possible portfolio yield. Managed by a seasoned team adhering to the original strategy developed by Ken Cutler in the 1960s, the fund benchmarks itself against the S&P 500. Its approach leads to a concentrated portfolio, with a sizable portion of assets in its top ten holdings, and maintains a low turnover rate, emphasizing buy-and-hold discipline and a focus on financially robust large-cap companies.

Fund Family Cutler

Category Large Value

Performance Rating Average

Risk Rating Below Average

Stock Exchange NASDAQ

Ticker Symbol DIVHX

Index S&P 500 TR

Performance

DIVHX had a total return of 16.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.06%.

Top 10 Holdings

46.20% of assets

Name	Symbol	Weight
Caterpillar Inc.	CAT	7.11%
Walmart Inc.	WMT	5.49%
RTX Corporation	RTX	4.98%
Microsoft Corporation	MSFT	4.85%
Deere & Company	DE	4.56%
The Charles Schwab Corporation	SCHW	3.99%
BlackRock, Inc.	BLK	3.88%
NextEra Energy, Inc.	NEE	3.87%
Texas Instruments Incorporated	TXN	3.81%
CVS Health Corporation	CVS	3.66%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2026	$0.0945	Jul 1, 2026
Mar 31, 2026	$0.0896	Apr 1, 2026
Dec 15, 2025	$1.3108	Dec 16, 2025
Sep 30, 2025	$0.0975	Oct 1, 2025
Jun 30, 2025	$0.100	Jul 1, 2025
Mar 31, 2025	$0.0679	Apr 1, 2025

Full Dividend History