Cullen Enhanced Equity Income Fund

Holdings/Fund Details

Top Ten Holdings as of 12/31/2019 subject to change

JPMorgan Chase & Co.4.04%
Chevron Corp.4.01%
Pfizer Inc.3.67%
Eaton Corp. PLC3.50%
Johnson & Johnson3.48%
Intel Corp.3.32%
Verizon Communications Inc.3.28%
Merck & Co. Inc.3.28%
Wells Fargo & Co.3.27%

Portfolio Characterisitics as of 09/30/2019


Average P/E 15.2
Trailing 12-Month Option Premium Yield^ 3.64%
30-Day SEC Yield1 2.53%
30-Day Unsubsidized SEC Yield1 1.69%
12-Month Trailing Distributed Yield2 6.02%
Weighted Average Market Cap. $135.1 Billion
Median Market Cap. $68.2 Billion

Risk Management as of 09/30/2019

As compared to the CBOE S&P 500 BuyWrite Index (BXM) (Since Inception)

Beta 0.95
R-Squared 71.56
Standard Deviation (Fund) 10.66
Standard Deviation (Benchmark) 9.54

Sector Breakdown as of 09/30/2019

Portfolio Allocation as of 09/30/2019

130-day SEC yield is a compounded and annualized figure calculated according to a formula set by the SEC. The formula requires use of a specific methodology for calculating dividends and interest earned, and expenses accrued, during the period, and reflects the maximum offering price per fund share. The standardized computation is designed to facilitate yield comparisons among different funds. In the absence of temporary expense waivers or reimbursements by the Adviser, the 30-day yield would have been 1.69%.

212 Month Trailing Distributed Yield represents all distributions for over the past 12 months, divided by the net asset value at the time of the report plus any capital gains distributed over the past year. Capital gains are added back to estimate what the fund's ending price would have been had those gains not been distributed. While the Fund endeavors to pay monthly distributions, dividends are not guaranteed and a company's future ability to pay dividends may be limited and cease at any time.

Retail Class
Ticker: ENHRX
CUSIP: 230001737
Minimum Investment: $1,000
Gross Expense Ratio: 2.03%
Net Expense Ratio: 1.00%
Redemption Fee*:2.00%
Class C
Ticker: ENHCX
CUSIP: 230001711
Minimum Investment: $1,000
Gross Expense Ratio: 2.78%
Net Expense Ratio: 1.75%
Redemption Fee*:2.00%
Class I
Ticker: ENHNX
CUSIP: 230001729
Minimum Investment: $1,000,000
Gross Expense Ratio: 1.78%
Net Expense Ratio: 0.75%
Redemption Fee*:2.00%