Morningstar

Cullen High Dividend Equity R1 CHDRX

Morningstar Medalist Rating
Medalist Rating as of | See Cullen Funds Investment Hub
  • NAV / 1-Day Return 11.53  /  +0.35 %
  • Total Assets 771.4 Mil
  • Adj. Expense Ratio
    1.500%
  • Expense Ratio 1.500%
  • Distribution Fee Level High
  • Share Class Type Retirement, Medium
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 2.12%
  • Turnover 38%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:01 PM GMT+0

Morningstar’s Analysis CHDRX

Will CHDRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CHDRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CHDRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CHDRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A decline in its Process Pillar rating is the primary driver of Cullen High Dividend Equity R1's downgrade to a Morningstar Medalist Rating of Negative from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings CHDRX

More CHDRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

4.15 31.3 Mil
Financial Services

Morgan Stanley

3.38 25.5 Mil
Financial Services

Chubb Ltd

3.26 24.6 Mil
Financial Services

Broadcom Inc

3.20 24.2 Mil
Technology

Unilever PLC ADR

3.06 23.1 Mil
Consumer Defensive

NextEra Energy Inc

3.03 22.9 Mil
Utilities

Exxon Mobil Corp

3.00 22.7 Mil
Energy

Novartis AG ADR

2.99 22.6 Mil
Healthcare

Microsoft Corp

2.96 22.4 Mil
Technology

Philip Morris International Inc

2.92 22.0 Mil
Consumer Defensive

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