Cullen High Dividend Equity Fund

Fund Holdings

Nearly 65 percent of the fund’s stock portfolio was invested in North American companies, as of Sept. 30, 2010. Another 12 percent is in the United Kingdom. The vast majority of the fund’s portfolio is invested in developed market stocks, with only about 2 percent in emerging markets. Although the fund diversifies quite heavily among a number of industries, nearly 25 percent of assets were recently invested in the consumer goods sector. With only 32 stocks as of Sept. 30, 2010, the fund is considered extremely concentrated, which is usually viewed as aggressive, but its record reveals that its portfolio of high-dividend, high-quality value stocks provides less volatility.

Asset Allocation

% Long % Net
Cash 2.26 2.26
Stocks 78.26 78.26
Bonds 0.0 0.0
Other 0.0 0.0
Foreign Bonds 0.0 0.0
Foreign Stocks 19.48 19.48
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 03.31.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 03.31.2014

Ticker YTD Return % % Net Assets
Merck & Co Inc MRK 18.66 3.96
3M Co MMM 4.29 3.88
Eli Lilly and Co LLY 24.47 3.84
Raytheon Co RTN 3.98 3.83
AstraZeneca PLC ADR AZN 29.19 3.76
Microsoft Corp MSFT 13.42 3.72
ConocoPhillips COP 23.84 3.63
Johnson & Johnson JNJ 17.08 3.54
Royal Dutch Shell PLC ADR Class B RDS.B 19.08 3.48
Intel Corp INTC 21.09 3.45

See Also:

Top Cullen Funds Trust Funds

Large Value Funds

Highest Returns (10-year)

See More Funds