Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
15.9%
1 yr return
28.6%
3 Yr Avg Return
5.4%
5 Yr Avg Return
7.7%
Net Assets
$775 M
Holdings in Top 10
31.9%
Expense Ratio 1.36%
Front Load N/A
Deferred Load N/A
Turnover 40.00%
Redemption Fee 2.00%
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 10/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The High Dividend Fund invests, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in dividend paying common stocks of medium-capitalization companies (which are companies with a typical capitalization range of between $5 billion and $12 billion at the time of investment) and large-capitalization companies (which are companies with a typical capitalization range greater than $12 billion at the time of investment). As a point of comparison, a high dividend common stock that the High Dividend Fund would invest in would generally have a dividend yield greater than the average dividend yield of the equity securities in the S&P 500® Index.
The High Dividend Fund invests roughly similar amounts of its assets in each stock in the portfolio at the time of original purchase, although the portfolio is not systematically rebalanced. This approach avoids the overweighting of any individual security being purchased. The Adviser may sell portfolio stocks when they are no longer attractive based on their growth potential, dividend yield or price.
As part of its strategy, the High Dividend Fund, in order to generate additional income, may selectively write covered call options when it is deemed to be in the Fund’s best interest. A call option is a short-term contract entitling the purchaser, in return for a premium paid, the right to buy the underlying equity security at a specified price upon exercise of the option at any time prior to its expiration. Writing a covered call option allows the High Dividend Fund to receive a premium. A call option gives the holder the right, but not the obligation, to buy the underlying equity stock from the writer of the option at a given price during a specific period.
The High Dividend Fund may invest up to 30% of its assets in foreign securities. These investments are generally made in American Depositary Receipts (“ADRs”), which are depositary receipts for foreign securities denominated in U.S. dollars and traded in U.S. securities markets or available through a U.S. broker or dealer. ADRs may be purchased through “sponsored” or “unsponsored” facilities. A sponsored facility is established jointly by the issuer of the underlying security and a depositary, whereas a depositary may establish an unsponsored facility without participation by the issuer of the depositary security. Holders of unsponsored depositary receipts generally bear all the costs of such facilities and the depositary of an unsponsored facility frequently is under no obligation to distribute shareholder communications received from the issuer of the deposited security or to pass through voting rights to the holders of such receipts.
The High Dividend Fund generally invests substantially all of its assets in common stocks and ADRs but may invest in other equity securities, which can include convertible debt, exchange-traded funds (“ETFs”) that invest primarily in equity securities, warrants, rights, equity interests in real estate investment trusts (“REITs”), equity interests in master limited partnerships (“MLPs”), and preferred stocks.
The Fund will not engage in derivatives except to the extent that the writing of covered call options is deemed to involve derivatives.
Period | CHDPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.9% | 1.1% | 43.6% | 73.74% |
1 Yr | 28.6% | 7.8% | 75.3% | 77.78% |
3 Yr | 5.4%* | -2.4% | 32.5% | 88.49% |
5 Yr | 7.7%* | -0.1% | 46.2% | 95.66% |
10 Yr | 7.7%* | 1.8% | 25.8% | 90.75% |
* Annualized
Period | CHDPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -11.5% | -16.9% | 46.1% | 99.72% |
2022 | -12.6% | -64.7% | 4.6% | 55.82% |
2021 | 11.8% | -44.2% | 57.5% | 69.00% |
2020 | -15.9% | -23.2% | 285.0% | 99.41% |
2019 | 11.3% | -21.4% | 48.5% | 90.28% |
Period | CHDPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.9% | 1.1% | 43.6% | 73.74% |
1 Yr | 28.6% | 7.8% | 75.3% | 77.78% |
3 Yr | 5.4%* | -2.4% | 32.5% | 88.49% |
5 Yr | 7.7%* | -0.1% | 46.2% | 95.66% |
10 Yr | 7.7%* | 1.8% | 25.8% | 90.75% |
* Annualized
Period | CHDPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.5% | -15.9% | 46.7% | 95.59% |
2022 | -4.0% | -42.0% | 8.5% | 34.86% |
2021 | 26.1% | 3.6% | 129.7% | 47.98% |
2020 | -4.5% | -22.6% | 304.8% | 94.30% |
2019 | 19.4% | -12.7% | 52.1% | 95.65% |
CHDPX | Category Low | Category High | CHDPX % Rank | |
---|---|---|---|---|
Net Assets | 775 M | 1.97 M | 163 B | 53.44% |
Number of Holdings | 42 | 2 | 1733 | 84.78% |
Net Assets in Top 10 | 241 M | 433 K | 37.8 B | 52.06% |
Weighting of Top 10 | 31.94% | 4.4% | 99.1% | 33.43% |
Weighting | Return Low | Return High | CHDPX % Rank | |
---|---|---|---|---|
Stocks | 99.16% | 7.19% | 103.40% | 32.26% |
Cash | 0.84% | 0.00% | 36.15% | 63.34% |
Preferred Stocks | 0.00% | 0.00% | 15.27% | 42.99% |
Other | 0.00% | -2.19% | 36.68% | 53.16% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 38.58% |
Bonds | 0.00% | 0.00% | 78.06% | 42.07% |
Weighting | Return Low | Return High | CHDPX % Rank | |
---|---|---|---|---|
Financial Services | 16.50% | 0.00% | 58.05% | 77.34% |
Healthcare | 16.33% | 0.00% | 30.08% | 61.98% |
Industrials | 14.68% | 0.00% | 42.76% | 12.58% |
Consumer Defense | 13.17% | 0.00% | 34.10% | 12.95% |
Technology | 9.06% | 0.00% | 54.02% | 66.33% |
Energy | 7.50% | 0.00% | 54.00% | 56.24% |
Real Estate | 5.87% | 0.00% | 90.54% | 9.62% |
Utilities | 5.04% | 0.00% | 27.04% | 43.66% |
Consumer Cyclical | 4.97% | 0.00% | 22.74% | 66.98% |
Communication Services | 4.50% | 0.00% | 26.58% | 67.72% |
Basic Materials | 2.39% | 0.00% | 21.69% | 72.43% |
Weighting | Return Low | Return High | CHDPX % Rank | |
---|---|---|---|---|
US | 99.16% | 7.19% | 103.40% | 26.95% |
Non US | 0.00% | 0.00% | 24.72% | 58.85% |
CHDPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.36% | 0.03% | 14.82% | 22.45% |
Management Fee | 1.00% | 0.00% | 1.50% | 97.24% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 36.59% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
CHDPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
CHDPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 24.14% |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
CHDPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 40.00% | 0.00% | 488.00% | 52.62% |
CHDPX | Category Low | Category High | CHDPX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.60% | 0.00% | 16.67% | 0.55% |
CHDPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Quarterly | Annual |
CHDPX | Category Low | Category High | CHDPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.14% | -1.51% | 4.28% | 11.44% |
CHDPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.026 | OrdinaryDividend |
Aug 29, 2024 | $0.036 | OrdinaryDividend |
Jul 30, 2024 | $0.008 | OrdinaryDividend |
Apr 29, 2024 | $0.007 | OrdinaryDividend |
Mar 27, 2024 | $0.030 | OrdinaryDividend |
Feb 28, 2024 | $0.041 | OrdinaryDividend |
Dec 21, 2023 | $1.366 | OrdinaryDividend |
Nov 29, 2023 | $0.032 | OrdinaryDividend |
Oct 30, 2023 | $0.006 | OrdinaryDividend |
Sep 28, 2023 | $0.032 | OrdinaryDividend |
Aug 30, 2023 | $0.039 | OrdinaryDividend |
Jul 28, 2023 | $0.010 | OrdinaryDividend |
Jun 29, 2023 | $0.033 | OrdinaryDividend |
May 30, 2023 | $0.034 | OrdinaryDividend |
Mar 30, 2023 | $0.058 | OrdinaryDividend |
Feb 27, 2023 | $0.050 | OrdinaryDividend |
Dec 22, 2022 | $0.942 | OrdinaryDividend |
Nov 29, 2022 | $0.033 | OrdinaryDividend |
Oct 28, 2022 | $0.004 | OrdinaryDividend |
Sep 29, 2022 | $0.036 | OrdinaryDividend |
Aug 30, 2022 | $0.033 | OrdinaryDividend |
Jul 28, 2022 | $0.005 | OrdinaryDividend |
Jun 29, 2022 | $0.035 | OrdinaryDividend |
May 27, 2022 | $0.027 | OrdinaryDividend |
Apr 28, 2022 | $0.001 | OrdinaryDividend |
Mar 30, 2022 | $0.052 | OrdinaryDividend |
Jan 28, 2022 | $0.005 | OrdinaryDividend |
Dec 22, 2021 | $1.523 | OrdinaryDividend |
Nov 29, 2021 | $0.017 | OrdinaryDividend |
Oct 28, 2021 | $0.007 | OrdinaryDividend |
Sep 29, 2021 | $0.026 | OrdinaryDividend |
Aug 30, 2021 | $0.032 | OrdinaryDividend |
Jul 29, 2021 | $0.015 | OrdinaryDividend |
May 27, 2021 | $0.002 | OrdinaryDividend |
Apr 29, 2021 | $0.004 | OrdinaryDividend |
Mar 30, 2021 | $0.036 | OrdinaryDividend |
Feb 25, 2021 | $0.046 | OrdinaryDividend |
Jan 28, 2021 | $0.009 | OrdinaryDividend |
Dec 22, 2020 | $1.273 | OrdinaryDividend |
Nov 27, 2020 | $0.057 | OrdinaryDividend |
Oct 29, 2020 | $0.010 | OrdinaryDividend |
Sep 29, 2020 | $0.026 | OrdinaryDividend |
Aug 28, 2020 | $0.036 | OrdinaryDividend |
Jul 30, 2020 | $0.021 | OrdinaryDividend |
Jun 29, 2020 | $0.020 | OrdinaryDividend |
May 28, 2020 | $0.052 | OrdinaryDividend |
Apr 29, 2020 | $0.006 | OrdinaryDividend |
Mar 30, 2020 | $0.040 | OrdinaryDividend |
Feb 27, 2020 | $0.047 | OrdinaryDividend |
Jan 30, 2020 | $0.011 | OrdinaryDividend |
Dec 20, 2019 | $0.028 | OrdinaryDividend |
Dec 20, 2019 | $0.705 | CapitalGainLongTerm |
Nov 27, 2019 | $0.042 | OrdinaryDividend |
Oct 30, 2019 | $0.010 | OrdinaryDividend |
Sep 27, 2019 | $0.017 | OrdinaryDividend |
Aug 29, 2019 | $0.060 | OrdinaryDividend |
Jul 30, 2019 | $0.002 | OrdinaryDividend |
Jun 27, 2019 | $0.015 | OrdinaryDividend |
May 30, 2019 | $0.052 | OrdinaryDividend |
Apr 29, 2019 | $0.001 | OrdinaryDividend |
Mar 28, 2019 | $0.027 | OrdinaryDividend |
Feb 27, 2019 | $0.054 | OrdinaryDividend |
Jan 30, 2019 | $0.021 | OrdinaryDividend |
Dec 20, 2018 | $1.863 | CapitalGainLongTerm |
Dec 20, 2018 | $0.015 | OrdinaryDividend |
Nov 29, 2018 | $0.050 | OrdinaryDividend |
Oct 30, 2018 | $0.007 | OrdinaryDividend |
Sep 27, 2018 | $0.019 | OrdinaryDividend |
Aug 30, 2018 | $0.067 | OrdinaryDividend |
Jun 28, 2018 | $0.010 | OrdinaryDividend |
May 30, 2018 | $0.053 | OrdinaryDividend |
Mar 28, 2018 | $0.032 | OrdinaryDividend |
Feb 27, 2018 | $0.008 | OrdinaryDividend |
Dec 28, 2017 | $1.463 | CapitalGainLongTerm |
Dec 28, 2017 | $0.016 | OrdinaryDividend |
Nov 29, 2017 | $0.048 | OrdinaryDividend |
Oct 30, 2017 | $0.005 | OrdinaryDividend |
Sep 28, 2017 | $0.020 | OrdinaryDividend |
Aug 30, 2017 | $0.063 | OrdinaryDividend |
Jul 28, 2017 | $0.002 | OrdinaryDividend |
Jun 29, 2017 | $0.019 | OrdinaryDividend |
May 30, 2017 | $0.055 | OrdinaryDividend |
Mar 30, 2017 | $0.027 | OrdinaryDividend |
Feb 27, 2017 | $0.065 | OrdinaryDividend |
Jan 30, 2017 | $0.003 | OrdinaryDividend |
Dec 29, 2016 | $0.473 | CapitalGainLongTerm |
Dec 29, 2016 | $0.024 | OrdinaryDividend |
Nov 29, 2016 | $0.073 | OrdinaryDividend |
Oct 28, 2016 | $0.012 | OrdinaryDividend |
Sep 29, 2016 | $0.017 | OrdinaryDividend |
Aug 30, 2016 | $0.061 | OrdinaryDividend |
Jul 28, 2016 | $0.006 | OrdinaryDividend |
Jun 29, 2016 | $0.022 | OrdinaryDividend |
May 27, 2016 | $0.051 | OrdinaryDividend |
Apr 28, 2016 | $0.011 | OrdinaryDividend |
Mar 30, 2016 | $0.038 | OrdinaryDividend |
Feb 26, 2016 | $0.075 | OrdinaryDividend |
Jan 28, 2016 | $0.003 | OrdinaryDividend |
Dec 30, 2015 | $0.447 | CapitalGainLongTerm |
Dec 30, 2015 | $0.016 | OrdinaryDividend |
Nov 27, 2015 | $0.043 | OrdinaryDividend |
Oct 29, 2015 | $0.018 | OrdinaryDividend |
Sep 29, 2015 | $0.019 | OrdinaryDividend |
Aug 28, 2015 | $0.065 | OrdinaryDividend |
Jul 30, 2015 | $0.004 | OrdinaryDividend |
Jun 29, 2015 | $0.041 | OrdinaryDividend |
May 28, 2015 | $0.049 | OrdinaryDividend |
Mar 30, 2015 | $0.033 | OrdinaryDividend |
Feb 26, 2015 | $0.061 | OrdinaryDividend |
Jan 29, 2015 | $0.002 | OrdinaryDividend |
Dec 30, 2014 | $0.000 | CapitalGainShortTerm |
Dec 30, 2014 | $0.565 | CapitalGainLongTerm |
Dec 30, 2014 | $0.021 | OrdinaryDividend |
Nov 26, 2014 | $0.041 | OrdinaryDividend |
Sep 29, 2014 | $0.041 | OrdinaryDividend |
Aug 28, 2014 | $0.057 | OrdinaryDividend |
Jul 30, 2014 | $0.007 | OrdinaryDividend |
Jun 27, 2014 | $0.032 | OrdinaryDividend |
May 29, 2014 | $0.049 | OrdinaryDividend |
Apr 29, 2014 | $0.007 | OrdinaryDividend |
Mar 28, 2014 | $0.028 | OrdinaryDividend |
Feb 27, 2014 | $0.345 | OrdinaryDividend |
Dec 30, 2013 | $0.027 | OrdinaryDividend |
Nov 26, 2013 | $0.046 | OrdinaryDividend |
Oct 30, 2013 | $0.011 | OrdinaryDividend |
Sep 27, 2013 | $0.024 | OrdinaryDividend |
Aug 29, 2013 | $0.054 | OrdinaryDividend |
Jul 30, 2013 | $0.006 | OrdinaryDividend |
Jun 27, 2013 | $0.036 | OrdinaryDividend |
May 30, 2013 | $0.044 | OrdinaryDividend |
Apr 29, 2013 | $0.007 | OrdinaryDividend |
Mar 27, 2013 | $0.037 | OrdinaryDividend |
Feb 27, 2013 | $0.047 | OrdinaryDividend |
Dec 28, 2012 | $0.031 | OrdinaryDividend |
Nov 29, 2012 | $0.027 | OrdinaryDividend |
Nov 01, 2012 | $0.016 | OrdinaryDividend |
Sep 27, 2012 | $0.025 | OrdinaryDividend |
Aug 30, 2012 | $0.029 | OrdinaryDividend |
Jul 30, 2012 | $0.014 | OrdinaryDividend |
Jun 28, 2012 | $0.030 | OrdinaryDividend |
May 30, 2012 | $0.030 | OrdinaryDividend |
Apr 27, 2012 | $0.006 | OrdinaryDividend |
Mar 29, 2012 | $0.023 | OrdinaryDividend |
Feb 28, 2012 | $0.044 | OrdinaryDividend |
Dec 29, 2011 | $0.026 | OrdinaryDividend |
Nov 29, 2011 | $0.040 | OrdinaryDividend |
Oct 28, 2011 | $0.007 | OrdinaryDividend |
Sep 29, 2011 | $0.021 | OrdinaryDividend |
Aug 30, 2011 | $0.040 | OrdinaryDividend |
Jul 28, 2011 | $0.013 | OrdinaryDividend |
May 27, 2011 | $0.037 | OrdinaryDividend |
Apr 28, 2011 | $0.006 | OrdinaryDividend |
Mar 30, 2011 | $0.031 | OrdinaryDividend |
Feb 25, 2011 | $0.021 | OrdinaryDividend |
Jan 28, 2011 | $0.005 | OrdinaryDividend |
Dec 30, 2010 | $0.016 | OrdinaryDividend |
Nov 29, 2010 | $0.025 | OrdinaryDividend |
Oct 28, 2010 | $0.008 | OrdinaryDividend |
Sep 29, 2010 | $0.026 | OrdinaryDividend |
Aug 30, 2010 | $0.031 | OrdinaryDividend |
Mar 30, 2010 | $0.028 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Aug 01, 2003
18.84
18.8%
Jim Cullen founded Schafer Cullen Capital Management in 1983 and has served as the CEO and Portfolio Manager since its formation in 1983. His experience in the investment business spans over 50 years. Prior to founding the Firm, Mr. Cullen was a Vice President at Donaldson, Lufkin & Jenrette. Previously to Donaldson, Mr. Cullen co-managed the New York Research, which specialized in low P/E research. He began his career at Merrill Lynch in 1965 and later worked for the research firm Spencer Trask & Company. Mr. Cullen spent four years as a Navy Officer on the aircraft carrier USS Essex after receiving a B.S. in finance from Seton Hall University.
Start Date
Tenure
Tenure Rank
Apr 14, 2014
8.13
8.1%
Ms. Chang joined Schafer Cullen in 2006. Prior to joining Schafer Cullen Capital Management, Mrs. Chang was an Investment Analyst at PNC Advisors and an associate consultant at Bain & Company. Mrs. Chang received her M.B.A. from the Wharton School of Business in 2004 and her B.S. from Rice University in 1999. She has held the Chartered Financial Analyst designation since 2007.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.09 | 0.25 |
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