Cullen Value Fund

Holdings/Fund Details

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

Cisco Systems Inc.3.90%
Bristol-Myers Squibb Co.3.86%
JPMorgan Chase & Co.3.80%
Merck & Co. Inc.3.60%
Bank of America Corp.3.53%
Medtronic PLC3.49%
AT&T Inc.3.46%
Citigroup Inc.3.34%
Siemens AG3.18%
Chubb Ltd.3.11%

Portfolio Characteristics as of 09/30/2019


Average P/E 15.2
Average P/B 3.3
Long-Term Debt/Capital 37.3
Weighted Average Market Cap. $164.2 Billion
Median Market Cap. $100.8 Billion

Risk Management as of 09/30/2019

Since Inception versus the Russell 1000 Value Index:

Beta 0.91
R-Squared 94.11
Standard Deviation (Fund) 11.88
Standard Deviation (Benchmark) 12.64

Sector Breakdown as of 09/30/2019

Portfolio Allocation as of 09/30/2019

Retail Class
Ticker: CVLEX
CUSIP: 230001778
Minimum Investment: $1,000
Gross Expense Ratio: 2.18%
Net Expense Ratio: 1.00%
Redemption Fee*:2.00%
Class C
Ticker: CVLFX
CUSIP: 230001794
Minimum Investment: $1,000
Gross Expense Ratio: 2.94%
Net Expense Ratio: 1.75%
Redemption Fee*:2.00%
Class I
Ticker: CVLVX
CUSIP: 230001786
Minimum Investment: $1,000,000
Gross Expense Ratio: 1.93%
Net Expense Ratio: 0.75%
Redemption Fee*:2.00%