Cullen International High Dividend Fund

Holdings/Fund Details

Top Ten Holdings as of 09/30/2019 subject to change

Iberdrola SA3.33%
Nestle SA3.23%
UPM-Kymmene Oyj3.21%
Ascendas Real Estate Investment Trust3.19%
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen3.18%
Engie SA3.14%
Zurich Insurance Group AG3.12%
Sonic Healthcare Ltd.3.07%
Allianz SE3.06%
Roche Holding AG3.05%

Portfolio Characteristics as of 09/30/2019


Average P/E 12.8
30 Day SEC Yield 1 2.82%
30-Day Unsubsidized SEC Yield1 2.53%
12 Month Trailing Distributed Yield 2 4.01%
Weighted Average Market Cap. $83.4 Billion
Median Market Cap. $45.2 Billion
Long-Term EPS Growth 9.7

Top 5 Countries as of 09/30/2019

Switzerland 15.3%
United Kingdom 14.6%
France 12.4%
Germany 10.5%
Singapore 6.0%

Sector Breakdownas 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 2.53%.

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: CIHDX
CUSIP: 230001505
Minimum Investment: $1,000
Gross Expense Ratio: 1.54%
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: 1.29%
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%