Cullen Enhanced Equity Income Fund Class C (ENHCX)
| Fund Assets | 152.73M |
| Expense Ratio | 1.75% |
| Min. Investment | $1,000 |
| Turnover | 125.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 4.89% |
| Dividend Growth | -7.57% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 10.56 |
| YTD Return | 4.61% |
| 1-Year Return | 5.27% |
| 5-Year Return | 44.21% |
| 52-Week Low | 9.42 |
| 52-Week High | 11.04 |
| Beta (5Y) | n/a |
| Holdings | 42 |
| Inception Date | Dec 15, 2015 |
About ENHCX
Cullen Enhanced Equity Income Fund Class C is an open-end mutual fund focused on generating current income and long-term capital appreciation through a distinctive combination of high-dividend equities and options strategies. The fund primarily invests at least 80% of its net assets in dividend-paying common stocks of medium- to large-capitalization companies, typically targeting those with robust earnings growth and above-average dividend yields. Sector emphasis is placed on companies considered undervalued based on traditional value metrics, such as low price-to-earnings ratios, while maintaining significant exposure to equity market risk. A key characteristic of this fund is its use of derivative income strategies, with managers writing short-term covered call options on approximately 25-40% of the portfolio. This options overlay is designed to enhance income by capturing call premiums, thereby potentially offering a higher yield than typical equity funds and reducing overall portfolio volatility. The fund’s returns are influenced by both equity performance and call-writing outcomes, making it suitable for investors seeking a blend of income and moderate equity market exposure. Overall, Cullen Enhanced Equity Income Fund Class C plays a role in providing diversified, income-oriented exposure to U.S. equities, appealing especially to those interested in systematic income generation within the equity space.
Performance
ENHCX had a total return of 5.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.10%.
Top 10 Holdings
38.90% of assets| Name | Symbol | Weight |
|---|---|---|
| EOG Resources, Inc. | EOG | 4.26% |
| Medtronic plc | MDT | 4.13% |
| Duke Energy Corporation | DUK | 4.04% |
| PPL Corporation | PPL | 3.94% |
| Cisco Systems, Inc. | CSCO | 3.92% |
| Altria Group, Inc. | MO | 3.86% |
| Chevron Corporation | CVX | 3.82% |
| VICI Properties Inc. | VICI | 3.81% |
| Bristol-Myers Squibb Company | BMY | 3.61% |
| Verizon Communications Inc. | VZ | 3.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.13676 | Jun 30, 2025 |
| Mar 28, 2025 | $0.13008 | Mar 31, 2025 |
| Dec 19, 2024 | $0.11739 | Dec 20, 2024 |
| Sep 27, 2024 | $0.13261 | Sep 30, 2024 |
| Jun 27, 2024 | $0.13138 | Jun 28, 2024 |
| Mar 27, 2024 | $0.1279 | Mar 28, 2024 |