Cullen International High Dividend Fund

Holdings/Fund Details

Top Ten Holdings as of 09/30/2020 subject to change

Toyota Motor Corp.3.40%
Samsung Electronics Co. Ltd.3.34%
Nestle SA3.27%
Smurfit Kappa Group PLC3.26%
Iberdrola SA3.23%
Enel SpA3.12%
Ascendas Real Estate Investment Trust3.00%
ABB Ltd.2.94%
Siemens AG2.92%
Novartis AG2.90%

Portfolio Characteristics as of 09/30/2020


Average P/E 13.6
30 Day SEC Yield1 2.36%
30-Day Unsubsidized SEC Yield1 2.03%
12 Month Trailing Distributed Yield2 2.71%
Weighted Average Market Cap. 90
Median Market Cap. 47.8
Long-Term EPS Growth 9.8

Top 5 Countries as of 09/30/2020

Switzerland 17.1%
France 10.7%
United Kingdom 9.6%
Germany 9.3%
Japan 6.6%

Sector Breakdownas of 09/30/2020

Portfolio Allocation as of 09/30/2020

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 2.03%.

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 quarterly 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: CIHDX
CUSIP: 230001505
Minimum Investment: $1,000
Gross Expense Ratio: 1.55%
Net Expense Ratio: 1.25%
Redemption Fee*: 2.00%
Class C
Ticker: CIHCX
CUSIP: 230001604
Minimum Investment: $1,000
Gross Expense Ratio: 2.29%
Net Expense Ratio: 2.00%
Redemption Fee*: 2.00%
Class I
Ticker: CIHIX
CUSIP: 230001703
Minimum Investment: $1,000,000
Gross Expense Ratio: 1.30%
Net Expense Ratio: 1.00%
Redemption Fee*: 2.00%
Class R1
Ticker: CIHRX
CUSIP: 230001802
Minimum Investment: None
Gross Expense Ratio: 1.80%
Net Expense Ratio: 1.75%
Redemption Fee*: 2.00%
Class R2
Ticker: CIHPX
CUSIP: 230001885
Minimum Investment: None
Gross Expense Ratio: 1.54%
Net Expense Ratio: 1.50%
Redemption Fee*: 2.00%