Cullen Small Cap Value Fund

SELECT A STRATEGY
Holdings/Fund Details

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

Great Western Bancorp Inc.5.33%
Mayville Engineering Co. Inc.4.81%
Quanta Services Inc.4.80%
Sykes Enterprises Inc.4.32%
Host Hotels & Resorts Inc.4.17%
Ameris Bancorp3.88%
AAR Corp.3.85%
BG Staffing Inc.3.77%
Comtech Telecommunications Corp.3.75%
Spirit AeroSystems Holdings Inc.3.50%

Portfolio Characteristics as of 09/30/2020

Retail

Average P/E 10.87
Average P/B 1.61
Net Debt/EBITDA 1.38
Weighted Average Market Cap. $2.5 Billion
Median Market Cap. $1.7 Billion

Sector Breakdown as of 09/30/2020

Portfolio Allocation as of 09/30/2020

Retail Class
Ticker: CUSRX
CUSIP: 230001851
Minimum Investment: $1,000
Gross Expense Ratio: 7.40%
Net Expense Ratio: 1.27%
Redemption Fee*:2.00%
Class C
Ticker: CUSCX
CUSIP: 230001844
Minimum Investment: $1,000
Gross Expense Ratio: 7.24%
Net Expense Ratio: 2.02%
Redemption Fee*:2.00%
Class I
Ticker: CUSIX
CUSIP: 230001836
Minimum Investment: $1,000,000
Gross Expense Ratio: 7.59%
Net Expense Ratio: 1.02%
Redemption Fee*:2.00%