CULLEN ENHANCED EQUITY INCOME FUND Retail Class
ENHRX
NASDAQ- -
USD
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- -
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 - Income
- Address
- 645 Fifth Ave New York NY United States of America 10022
- IPO Date
- Dec 15, 2015
- CIK
- 0001109957
- Website
- cullenfunds.com
- Similar Companies
- Business
- Cullen Enhanced Equity Income Fund Retail Class (ENHRX) is an open-end mutual fund that seeks current income and long-term capital appreciation by investing at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying common stocks of medium- and large-capitalization companies, supplemented by an options overlay strategy including covered calls; it may allocate up to 30% of assets to foreign securities. The fund offers three share classes—Retail Class (ENHRX) with a net expense ratio of 1.00% and $1,000 minimum investment, Class C (ENHCX) with a net expense ratio of 1.75% and $1,000 minimum, and Class I (ENHNX) with a net expense ratio of 0.75% and $1,000,000 minimum—all subject to a 2.00% redemption fee for shares redeemed within seven days of purchase. Managed by a team comprising Jim Cullen, Jennifer Chang, Tim Cordle, and Michael Gallant since inception, the fund benchmarks against the S&P 500 Buywrite Index (BXM), maintains a portfolio of 35-42 holdings concentrated in value-oriented sectors such as financials, health care, consumer staples, energy, and utilities, with top holdings including Medtronic plc, Cisco Systems Inc., Duke Energy Corp., VICI Properties Inc., and PPL Corp. as of September 30, 2025. The fund, part of the Advisors' Inner Circle Fund II series advised by Cullen Capital Management LLC (operating as Schafer Cullen Capital Management), a 100% employee-owned firm founded in 1983 and headquartered at 645 Fifth Avenue, New York, NY, with fund administration in Cincinnati, OH, primarily serves U.S. retail and institutional investors targeting derivative income strategies in large-value equities; it reports approximately $146-160 million in assets under management, a 12-month trailing distributed yield of 5.79%, and a subsidized 30-day SEC yield of 2.73% for the Retail Class as of September 30, 2025. In December 2025, Schafer Cullen Capital Management announced a strategic partnership with Parametric Portfolio Associates LLC, part of Morgan Stanley Investment Management, to integrate its strategies—including value equity and SMID dividend value equity approaches—into Parametric's Custom Active Partner Network, expanding tax-optimized active equity solutions with over 16 new strategies added year-to-date.