Cullen Value Fund
SELECT A STRATEGY
Holdings/Fund Details
Top Ten Holdings as of 03/31/2021 subject to change
| JPMorgan Chase & Co. | |
| Siemens AG | |
| Morgan Stanley | |
| Walt Disney Co. | |
| Cisco Systems Inc./Delaware | |
| Chubb Ltd. | |
| Merck & Co. Inc. | |
| Citigroup Inc. | |
| Bristol-Myers Squibb Co. | |
| Arrow Electronics Inc. |
Portfolio Characteristics as of 12/31/2020
Retail
| Average P/E | 16.6 |
| Average P/B | 3.5 |
| Long-Term Debt/Capital | 34.4 |
| Weighted Average Market Cap. | $173.9 Billion |
| Median Market Cap. | $128.4 Billion |
Risk Management as of 12/31/2020
Since Inception versus the Russell 1000 Value Index:
| Beta | 0.92 |
| R-Squared | 96.14 |
| Standard Deviation (Fund) | 16.11 |
| Standard Deviation (Benchmark) | 17.25 |
Sector Breakdown as of 12/31/2020
Portfolio Allocation as of 12/31/2020
| Retail Class | |
|---|---|
| Ticker: | CVLEX |
| CUSIP: | 230001778 |
| Minimum Investment: | $1,000 |
| Gross Expense Ratio: | |
| Net Expense Ratio: | |
| Redemption Fee*: |
| Class C | |
|---|---|
| Ticker: | CVLFX |
| CUSIP: | 230001794 |
| Minimum Investment: | $1,000 |
| Gross Expense Ratio: | |
| Net Expense Ratio: | |
| Redemption Fee*: |
| Class I | |
|---|---|
| Ticker: | CVLVX |
| CUSIP: | 230001786 |
| Minimum Investment: | $1,000,000 |
| Gross Expense Ratio: | |
| Net Expense Ratio: | |
| Redemption Fee*: |