# Cullen High Dividend Equity Fund Retail Class (CHDEX): Mutual Fund Facts & Distributions

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- Issuer: — · Asset class: Equity
- Strategy: Passive Index · Inception: 2003-08-05

The Cullen High Dividend Equity Fund Retail Class aims to deliver both long-term capital appreciation and a consistent stream of current income to its investors. To achieve these objectives, it primarily allocates a minimum of 80% of its net assets—including any funds borrowed for investment—to dividend-paying equities from medium and large-capitalization companies. A distinguishing characteristic of the high-dividend stocks the fund selects is that their yield generally exceeds the average dividend yield of securities within the S&P 500® Index. Additionally, the fund has the option to inve...

## Key Facts

| Metric | Value |
|---|---|
| Price | $14.70 |
| Expense Ratio | 1.00% |
| Assets Under Management | $626.0M |
| NAV | $14.70 |
| Holdings Count | — |
| Distribution Yield (TTM) | 13.59% |
| Annual Distribution (TTM) | $2.00 /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $13.01 – $15.21 |
| Beta | 0.56 |

## Latest Distribution

- Amount: $0.0220 /share
- Ex-date: 2026-09-29
- Pay date: 2026-09-30

## Frequently Asked Questions

### What does CHDEX invest in?

The Cullen High Dividend Equity Fund Retail Class aims to deliver both long-term capital appreciation and a consistent stream of current income to its investors. To achieve these objectives, it primarily allocates a minimum of 80% of its net assets—including any funds borrowed for investment—to dividend-paying equities from medium and large-capitalization companies. A distinguishing characteristic of the high-dividend stocks the fund selects is that their yield generally exceeds the average dividend yield of securities within the S&P 500® Index. Additionally, the fund has the option to invest up to 30% of its total assets in international securities.

### What is the expense ratio of CHDEX?

Cullen High Dividend Equity Fund Retail Class (CHDEX) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations.

### What is CHDEX's dividend yield?

CHDEX's trailing-twelve-month yield is 13.59%, calculated from the sum of dividends over the past year divided by the current price.

### How big is CHDEX?

Cullen High Dividend Equity Fund Retail Class (CHDEX) manages $626.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is CHDEX actively managed or an index fund?

CHDEX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (CHDEX's is 1.00%) because there's no security selection cost.

### When was CHDEX launched?

Cullen High Dividend Equity Fund Retail Class (CHDEX) launched in August 2003 and is managed by the fund issuer.

### Does CHDEX pay a dividend?

Yes, Cullen High Dividend Equity Fund Retail Class (CHDEX) distributes dividends to shareholders. The trailing-twelve-month yield is 13.59%. Full dividend history is on this page.

### How often does CHDEX pay dividends?

Cullen High Dividend Equity Fund Retail Class pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### When is CHDEX's next ex-dividend date?

The most recently announced ex-dividend date for CHDEX was 2026-09-29. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page.

### How much will CHDEX's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 1.00% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does CHDEX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from CHDEX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does CHDEX cost more than a fund like VOO?

CHDEX is a passive index fund (current expense ratio 1.00%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM).

### Are there cheaper alternatives to CHDEX?

The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as CHDEX (1.00%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/chdex
- Distribution history: https://www.dividenddata.com/funds/chdex/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/chdex/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/chdex/expenses
- Peer comparison: https://www.dividenddata.com/funds/chdex/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.