ENHNX Performance — Cullen Enhanced Equity Income Fund, Class I
Data updated: 2026-09-11
ENHNX returned +9.28% year to date and +12.84% over one year to Jun 2026. Annualised returns are +8.54% over 3 years and +5.93% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $128, against $157 for the category, and to $113 over one year, against $118. Volatility over the past three years was 10.57% a year. In the 12 months to Jun 2026 the fund lost a net $17.3M, and assets reached $144.14M.
ENHNX Growth of $100
What $100 invested in Cullen Enhanced Equity Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | ENHNX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $113 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $128 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $133 | $161 |
| Since data start (Jul 2019 – Jun 2026) | $170 | $229 |
ENHNX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.28% |
| 1 year | +12.84% |
| 3 years (annualised) | +8.54% |
| 5 years (annualised) | +5.93% |
ENHNX Annual Returns
Calendar-year total returns of Cullen Enhanced Equity Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.28% |
| 2025 | +7.76% |
| 2024 | +6.87% |
| 2023 | +0.97% |
| 2022 | +0.85% |
| 2021 | +21.66% |
| 2020 | +1.46% |
| 2019 (Jul–Dec) | +7.19% |
ENHNX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.2% | +4.0% | −3.8% | +2.7% | +1.1% | +0.9% | — | — | — | — | — | — |
| 2025 | +3.0% | +2.5% | +0.2% | −5.1% | +0.9% | +2.9% | −0.5% | +3.2% | −1.5% | −2.4% | +3.4% | +1.2% |
| 2024 | +0.6% | −0.3% | +4.9% | −2.4% | +1.3% | −1.3% | +4.8% | +2.7% | +1.4% | −1.2% | +3.2% | −6.6% |
| 2023 | +3.9% | −3.5% | −0.9% | +2.4% | −6.2% | +4.2% | +2.2% | −3.3% | −3.7% | −2.8% | +5.2% | +4.3% |
| 2022 | +1.7% | −1.3% | +2.2% | −4.0% | +3.6% | −8.6% | +4.8% | −2.8% | −7.4% | +9.2% | +6.8% | −1.7% |
| 2021 | −0.4% | +4.9% | +6.8% | +2.0% | +3.2% | −0.4% | +0.7% | +1.4% | −2.9% | +2.9% | −4.0% | +6.3% |
| 2020 | −4.2% | −9.8% | −12.3% | +11.7% | +3.4% | +0.4% | +2.2% | +3.1% | −2.6% | −2.4% | +12.4% | +2.6% |
| 2019 | — | — | — | — | — | — | −0.3% | −2.8% | +3.6% | +2.0% | +1.8% | +2.8% |
ENHNX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 10.57%
- 3-year Sharpe ratio: 0.38 (vs 4.5% risk-free rate)
- Best month: +5.20% (Nov 2023)
- Worst month: −6.59% (Dec 2024)
ENHNX Fund Flows
Monthly money in and out of Cullen Enhanced Equity Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$17.3M
- 12-month gross sales (incl. reinvestments): $21.3M
- Sales ÷ redemptions: 0.55×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $3.3M | $2.5M | $786K |
| May 2026 | $972K | $2.1M | −$1.1M |
| Apr 2026 | $776K | $2.3M | −$1.5M |
| Mar 2026 | $2.8M | $3.1M | −$290K |
| Feb 2026 | $798K | $1.3M | −$501K |
| Jan 2026 | $957K | $4.0M | −$3.1M |
| Dec 2025 | $3.0M | $4.5M | −$1.6M |
| Nov 2025 | $740K | $3.7M | −$2.9M |
| Oct 2025 | $1.5M | $2.5M | −$932K |
| Sep 2025 | $2.6M | $5.6M | −$3.0M |
| Aug 2025 | $2.7M | $4.1M | −$1.4M |
| Jul 2025 | $1.2M | $3.0M | −$1.7M |
ENHNX Assets Under Management
Net assets of Cullen Enhanced Equity Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $144.14M |
| 2026-03-31 | $141.49M |
| 2025-12-31 | $141.64M |
| 2025-09-30 | $145.98M |
| 2025-06-30 | $152.73M |
| 2025-03-31 | $162.31M |
| 2024-12-31 | $152.00M |
| 2024-09-30 | $167.84M |
| 2024-06-30 | $158.52M |
| 2024-03-31 | $166.19M |
| 2023-12-31 | $166.15M |
| 2023-09-30 | $178.21M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.