Cullen Value Fund

Holdings/Fund Details

Top Ten Holdings as of 06/30/2020 subject to change

Financial Select Sector SPDR® Fund4.46%
Merck & Co. Inc.3.97%
Cisco Systems Inc.3.82%
Siemens AG3.74%
Morgan Stanley3.73%
Bristol-Myers Squibb Co.3.63%
JPMorgan Chase & Co.3.33%
Chubb Ltd.3.28%
Newmont Corp.3.11%
Novartis AG3.04%

Portfolio Characteristics as of 03/31/2020


Average P/E 12.8
Average P/B 3.1
Long-Term Debt/Capital 36.2
Weighted Average Market Cap. $144.8 Billion
Median Market Cap. $94.2 Billion

Risk Management as of 03/31/2020

Since Inception versus the Russell 1000 Value Index:

Beta 0.91
R-Squared 96.07
Standard Deviation (Fund) 15.11
Standard Deviation (Benchmark) 16.22

Sector Breakdown as of 03/31/2020

Portfolio Allocation as of 03/31/2020

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%