ENHNX: Cullen Enhanced Equity Income Fund - MutualFunds.com

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Cullen Enhanced Equity Income I

ENHNX - Snapshot

Vitals

  • YTD Return -4.1%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return N/A
  • Net Assets $45.3 M
  • Holdings in Top 10 34.8%

52 WEEK LOW AND HIGH

$9.97
$6.84
$10.66

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.68%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 170.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Options-based

Compare ENHNX to Popular Options-based Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$23.80

+0.42%

$12.74 B

1.15%

$0.27

11.95%

-

$36.23

+0.64%

$6.71 B

0.71%

$0.26

4.44%

-

$12.50

+0.32%

$1.76 B

-

-

1.13%

-

$9.19

-0.43%

$1.51 B

-

-

-8.37%

-

ENHNX - Profile

Distributions

  • YTD Total Return -4.1%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.97%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Cullen Enhanced Equity Income Fund
  • Fund Family Name
    Cullen Funds Trust
  • Inception Date
    Dec 15, 2015
  • Shares Outstanding
    4451790
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jennifer Chang

Fund Description

The fund invests at least 80% of its net assets, plus borrowings for investment purposes, in dividend paying common stocks of medium-capitalization companies (which are companies with a typical capitalization range of between $5 billion and $12 billion at the time of investment) and large-capitalization companies (which are companies with a typical capitalization range greater than $12 billion at the time of investment). It may invest up to 30% of its assets in foreign securities.


ENHNX - Performance

Return Ranking - Trailing

Period ENHNX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.1% -33.8% 930.0% 82.61%
1 Yr -8.0% -34.2% 25.3% 87.89%
3 Yr 0.0%* -14.7% 13.8% 70.51%
5 Yr N/A* -8.0% 12.6% N/A
10 Yr N/A* -5.7% 12.2% N/A

* Annualized

Return Ranking - Calendar

Period ENHNX Return Category Return Low Category Return High Rank in Category (%)
2019 11.4% -28.6% 28.4% 45.86%
2018 -10.8% -93.5% 8.2% 55.33%
2017 3.5% -38.9% 19.8% 63.43%
2016 3.4% -10.9% 12.8% 37.38%
2015 N/A -31.0% 6.6% N/A

Total Return Ranking - Trailing

Period ENHNX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.1% -33.8% 930.0% 82.61%
1 Yr -8.0% -37.3% 25.3% 87.00%
3 Yr 0.0%* -14.7% 13.8% 68.59%
5 Yr N/A* -8.0% 12.6% N/A
10 Yr N/A* -5.7% 12.2% N/A

* Annualized

Total Return Ranking - Calendar

Period ENHNX Return Category Return Low Category Return High Rank in Category (%)
2019 11.4% -5.9% 28.4% 46.41%
2018 -5.1% -30.9% 8.2% 32.00%
2017 10.7% -23.4% 19.8% 34.33%
2016 11.6% -10.9% 12.8% 4.67%
2015 N/A -31.0% 8.0% N/A

NAV & Total Return History


ENHNX - Holdings

Concentration Analysis

ENHNX Category Low Category High ENHNX % Rank
Net Assets 45.3 M 628 K 12.7 B 70.75%
Number of Holdings 51 3 509 44.80%
Net Assets in Top 10 16.2 M -3.33 M 3.98 B 84.40%
Weighting of Top 10 34.84% 14.4% 100.0% 50.68%

Top 10 Holdings

  1. Verizon Communications Inc 4.10%
  2. Eaton Corp PLC 3.89%
  3. Johnson & Johnson 3.65%
  4. Duke Energy Corp 3.52%
  5. Chubb Ltd 3.50%
  6. Cisco Systems Inc 3.39%
  7. Johnson Controls International PLC 3.39%
  8. Intel Corp 3.37%
  9. Pfizer Inc 3.23%
  10. PPL Corp 3.11%

Asset Allocation

Weighting Return Low Return High ENHNX % Rank
Stocks
97.27% -8.21% 100.13% 40.40%
Cash
2.73% -27.95% 103.52% 50.00%
Preferred Stocks
0.00% 0.00% 5.17% 28.80%
Other
0.00% -5.49% 78.63% 41.20%
Convertible Bonds
0.00% 0.00% 27.16% 34.00%
Bonds
0.00% 0.00% 98.05% 36.80%

Stock Sector Breakdown

Weighting Return Low Return High ENHNX % Rank
Healthcare
19.02% 0.00% 29.45% 6.17%
Financial Services
15.84% 0.00% 27.65% 15.86%
Consumer Defense
11.02% 0.00% 26.50% 16.74%
Industrials
10.47% 1.88% 44.64% 19.82%
Technology
8.04% 0.00% 44.70% 93.39%
Energy
6.93% 0.00% 60.53% 6.17%
Utilities
6.81% 0.00% 15.00% 7.05%
Communication Services
6.22% 0.00% 21.22% 89.87%
Basic Materials
5.62% 0.00% 64.58% 14.98%
Consumer Cyclical
5.16% 0.00% 18.75% 93.83%
Real Estate
4.88% 0.00% 8.90% 4.85%

Stock Geographic Breakdown

Weighting Return Low Return High ENHNX % Rank
US
88.73% -8.13% 99.79% 47.60%
Non US
8.54% -0.70% 98.99% 15.60%

ENHNX - Expenses

Operational Fees

ENHNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.68% 0.20% 9.76% 34.62%
Management Fee 1.00% 0.00% 1.75% 72.22%
12b-1 Fee 0.00% 0.00% 1.00% 14.29%
Administrative Fee N/A 0.03% 0.28% N/A

Sales Fees

ENHNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

ENHNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 17.65%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ENHNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 170.00% 0.00% 456.80% 90.40%

ENHNX - Distributions

Dividend Yield Analysis

ENHNX Category Low Category High ENHNX % Rank
Dividend Yield 0.00% 0.00% 10.00% 39.53%

Dividend Distribution Analysis

ENHNX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

ENHNX Category Low Category High ENHNX % Rank
Net Income Ratio 2.97% -2.13% 14.24% 5.53%

Capital Gain Distribution Analysis

ENHNX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

ENHNX - Fund Manager Analysis

Managers

Jennifer Chang


Start Date

Tenure

Tenure Rank

Dec 15, 2015

4.88

4.9%

Ms. Chang joined Schafer Cullen in 2006. Prior to joining Schafer Cullen Capital Management, Mrs. Chang was an Investment Analyst at PNC Advisors and an associate consultant at Bain & Company. Mrs. Chang received her M.B.A. from the Wharton School of Business in 2004 and her B.S. from Rice University in 1999. She has held the Chartered Financial Analyst designation since 2007.

Timothy Cordle


Start Date

Tenure

Tenure Rank

Dec 15, 2015

4.88

4.9%

Tim Cordle currently serves as Portfolio Manager and Managing Director at Cullen Capital Management LLC and has worked there since 2012. Prior to joining Schafer Cullen, Mr. Cordle was a vice president and financial advisor at Scott & Stringfellow since 1993.

James Cullen


Start Date

Tenure

Tenure Rank

Dec 15, 2015

4.88

4.9%

James P. Cullen, Chairman, Chief Executive Officer and controlling member, has been a portfolio manager. He is also a founder of Schafer Cullen Capital Management, Inc., a registered investment adviser, and has been its Chairman and Chief Executive Officer since December 1982. Prior to forming Schafer Cullen Capital Management, Inc., Mr. Cullen was a Vice President of Donaldson, Lufkin & Jenrette. Prior to Donaldson, Mr. Cullen co-managed the New York Research, which specialized in low P/E research. Mr. Cullen began his career at Merrill Lynch in 1965 and later worked for the research firm Spencer Trask & Company. Mr. Cullen spent four years as a Navy Officer on the aircraft carrier USS Essex after receiving a B.S. in finance from Seton Hall University.

Michael Kelly


Start Date

Tenure

Tenure Rank

Oct 28, 2016

4.01

4.0%

Michael Kelly is the Director of Research and a member of the Investment Team. He works closely with the Portfolio Managers supporting all of our strategies, while organizing the Firm’s research effort. Michael joined Schafer Cullen in 2007. Prior to joining Schafer Cullen Capital Management, Mr. Kelly was an Investment Analyst at Neuberger Berman from 2004-2007. Mr. Kelly received his B.A. in Political Science and Economics from Emory University in 2004. He has held the Chartered Financial Analyst designation since 2008.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 19.35 3.67 5.26
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