Cullen Enhanced Equity Income Fund Retail Class (ENHRX)
| Fund Assets | 149.78M |
| Expense Ratio | 1.00% |
| Min. Investment | $1,000 |
| Turnover | 150.00% |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 5.50% |
| Dividend Growth | -1.34% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 30, 2026 |
| Previous Close | 10.60 |
| YTD Return | 4.15% |
| 1-Year Return | 6.16% |
| 5-Year Return | 25.31% |
| 52-Week Low | 9.41 |
| 52-Week High | 11.27 |
| Beta (5Y) | 0.60 |
| Holdings | 41 |
| Inception Date | Dec 15, 2015 |
About ENHRX
Cullen Enhanced Equity Income Fund Retail Class is a mutual fund designed to provide investors with a blend of current income and long-term capital appreciation. Managed by Cullen Capital Management, the fund primarily allocates its assets to large-cap, dividend-paying U.S. equities. It enhances income generation by employing a covered call writing strategy, which involves selling call options on a portion of its holdings. This approach seeks to capture additional yield from options premiums while potentially mitigating downside risk. With a portfolio typically comprising around 40 holdings, the fund is benchmarked against the S&P 500 Buywrite Index, reflecting its focus on equity income strategies. Sector exposures are diversified and often include energy, utilities, healthcare, real estate, and technology. The fund's retail class features a $1,000 minimum investment and imposes a redemption fee for shares sold within seven days of purchase. The Cullen Enhanced Equity Income Fund Retail Class plays a significant role for investors seeking a systematic way to participate in equity markets while also targeting enhanced income compared to traditional stock funds.
Performance
ENHRX had a total return of 6.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.88%.
Top 10 Holdings
35.92% of assets| Name | Symbol | Weight |
|---|---|---|
| Medtronic plc | MDT | 4.45% |
| Cisco Systems, Inc. | CSCO | 4.01% |
| ConocoPhillips | COP | 3.73% |
| Merck & Co., Inc. | MRK | 3.61% |
| Citigroup Inc. | C | 3.55% |
| Bristol-Myers Squibb Company | BMY | 3.47% |
| VICI Properties Inc. | VICI | 3.39% |
| Becton, Dickinson and Company | BDX | 3.31% |
| EOG Resources, Inc. | EOG | 3.25% |
| PPL Corporation | PPL | 3.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 30, 2026 | $0.1686 | Mar 31, 2026 |
| Dec 18, 2025 | $0.1087 | Dec 19, 2025 |
| Sep 29, 2025 | $0.1507 | Sep 30, 2025 |
| Jun 27, 2025 | $0.15511 | Jun 30, 2025 |
| Mar 28, 2025 | $0.14971 | Mar 31, 2025 |
| Dec 19, 2024 | $0.13746 | Dec 20, 2024 |