Cullen High Dividend Equity Fund Retail Class
CHDEX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 645 Fifth Ave New York NY United States of America 10022
- IPO Date
- Aug 5, 2003
- CIK
- 0001109957
- Website
- cullenfunds.com
- Similar Companies
- Business
- Cullen High Dividend Equity Fund Retail Class (CHDEX) is an open-end mutual fund that seeks long-term capital appreciation and current income through a portfolio of high-dividend-yielding equities, primarily large-cap value stocks with low price-to-earnings ratios; it invests in approximately 43 holdings across sectors including financials (20.5%), industrials (14.1%), health care (13.6%), and consumer staples (10.5%), with top positions in RTX Corp (4.0%), Johnson & Johnson (3.6%), Bank of America (3.3%), and JP Morgan (3.2%) as of September 30, 2025. The fund offers Retail Class shares (ticker: CHDEX, CUSIP: 230001208, net expense ratio: 1.00%, minimum investment: $1,000), alongside Class C (CHVCX, 1.75%), Class I (CHDVX, 0.75%, $1,000,000 minimum), Class R1 (CHDRX), and Class R2 (CHDPX) shares, all subject to a 2.00% redemption fee within 7 days of purchase; it features a 12-month trailing distributed yield of 11.67% and benchmarks against the Russell 1000 Value Index and S&P 500 Index. Managed by Cullen Capital Management LLC (formerly Schafer Cullen Capital Management), with Jim Cullen as lead portfolio manager since inception and Jennifer Chang as co-manager, the fund was launched on August 1, 2003, and is part of the Cullen Funds Trust headquartered at 645 Fifth Avenue, New York, New York, with administrative operations in Cincinnati, Ohio. Geographically, it allocates 82.6% to U.S. equities, with the balance in developed Europe (Ireland 5.6%, UK 4.1%, Germany 3.2%, Switzerland 2.9%) and Canada (1.0%), targeting income-oriented investors such as individuals and institutions seeking dividend growth alongside capital appreciation. In a recent strategic development, Cullen Capital Management announced a partnership with Parametric Portfolio Associates LLC (part of Morgan Stanley Investment Management) in December 2025 to integrate its high dividend equity strategies, including SMID Dividend Value Equity and Value Equity, into Parametric's Custom Active platform for enhanced tax optimization capabilities.