# EDGAR Filing Document

**Accession Number:** 0001109957
**File Stem:** 0001752724-23-043652
**Filing Date:** 2023-2
**Character Count:** 16653
**Document Hash:** 7325e68759ce23dda1ac91ae2205ca50
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-043652.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-043652

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CULLEN FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001109957
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09871
- **FILM NUMBER:** 23676047

**BUSINESS ADDRESS:**
- **STREET 1:** 645 FIFTH AVE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-644-1800

**MAIL ADDRESS:**
- **STREET 1:** 645 FIFTH AVE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

## Series and Classes Contracts Data

### Cullen Enhanced Equity Income Fund (Series ID: S000051935)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000163394 | Class C      | ENHCX           |
| C000163395 | Class I      | ENHNX           |
| C000163396 | Retail Class | ENHRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** CULLEN FUNDS TRUST

- **b. Investment Company Act file number:** 811-09871

- **c. CIK number of Registrant:** 0001109957

- **d. LEI of Registrant:** 549300Z3TQTWACOAV180

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 645 FIFTH AVENUE

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022

  - **Telephone number:** 2126441800

**Item A.2. Information about the Series.**

- **a. Name of Series:** Cullen Enhanced Equity Income Fund

- **b. EDGAR series identifier (if any):** S000051935

- **c. LEI of Series:** 549300PBKGNNW1V8NR77

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $174684582.20

**Total Liabilities:** $438594.77

**Net Assets:** $174245987.43

**Cash Not Reported:** $4517768.67

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000163394 | 8.99%                | 6.80%                | -1.79%               |
| Class ID C000163395 | 9.15%                | 6.84%                | -1.72%               |
| Class ID C000163396 | 9.00%                | 6.90%                | -1.80%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-187330.39              | $14060985.21                               |
| Month 2  | $-2492380.94             | $14148927.94                               |
| Month 3  | $898124.01               | $-4985079.62                               |

### Schedule of Portfolio Investments

| Name                            | Title                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| JPMorgan Chase & Co             | JPMorgan Chase & Co             | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     37660 | NS      | $5050206.00   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                | Altria Group Inc                | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     93610 | NS      | $4278913.10   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| The Options Clearing Corp       | MS US 01/20/23 C93              | CUSIP: N/A<br>LEI: IGJSJL3JD5P30I6NJZ34       | N/A              | DE               | CORP              | US        |      -560 | NC      | $-20720.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| The Options Clearing Corp       | C US 01/20/23 C50               | CUSIP: N/A<br>LEI: 6SHGI4ZSSLCXXQSBB395       | N/A              | DE               | CORP              | US        |      -856 | NC      | $-15408.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                | Exxon Mobil Corp                | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     47895 | NS      | $5282818.50   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| The Options Clearing Corp       | ALL US 01/20/23 C140            | CUSIP: N/A<br>LEI: OBT0W1ED8G0NWVOLOJ77       | N/A              | DE               | CORP              | US        |      -341 | NC      | $-39215.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc       | Healthpeak Properties Inc       | CUSIP: 42250P103<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | EC               | CORP              | US        |    200285 | NS      | $5021144.95   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| The Options Clearing Corp       | MRK US 01/20/23 C113            | CUSIP: N/A<br>LEI: 4YV9Y5M8S0BRK1RP0397       | N/A              | DE               | CORP              | US        |      -553 | NC      | $-71337.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| The Options Clearing Corp       | RIO US 01/20/23 C74.1           | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | N/A              | DE               | CORP              | US        |      -788 | NC      | $-66980.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                   | Rio Tinto PLC                   | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | AU        |     78848 | NS      | $5613977.60   | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc              | Conagra Brands Inc              | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |    153200 | NS      | $5928840.00   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc/Delaware      | Cisco Systems Inc/Delaware      | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     95516 | NS      | $4550382.24   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                  | Morgan Stanley                  | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     56072 | NS      | $4767241.44   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                    | Broadcom Inc                    | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      6449 | NS      | $3605829.37   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The               | Allstate Corp/The               | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     34181 | NS      | $4634943.60   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                | Genuine Parts Co                | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |     18227 | NS      | $3162566.77   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                      | Intel Corp                      | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    195000 | NS      | $5153850.00   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                   | Medtronic PLC                   | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     87738 | NS      | $6818997.36   | 3.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                         | Dow Inc                         | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |    114053 | NS      | $5747130.67   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Raytheon Technologies Corp      | Raytheon Technologies Corp      | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     52025 | NS      | $5250363.02   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co         | Bristol-Myers Squibb Co         | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     74301 | NS      | $5345956.95   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                    | Comcast Corp                    | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     97619 | NS      | $3413736.43   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc | Philip Morris International Inc | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     34724 | NS      | $3514416.04   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp                        | PPL Corp                        | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    237102 | NS      | $6928120.44   | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                    | Unilever PLC                    | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     99980 | NS      | $5033993.00   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                | Duke Energy Corp                | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     62628 | NS      | $6450057.72   | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                     | Novartis AG                     | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     57455 | NS      | $5212317.60   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                      | Siemens AG                      | CUSIP: 826197501<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |     72400 | NS      | $4980396.00   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International  | Johnson Controls International  | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |     32071 | NS      | $2052544.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| The Options Clearing Corp       | XOM US 01/20/23 C115            | CUSIP: N/A<br>LEI: J3WHBG0MTS7O8ZVMDC91       | N/A              | DE               | CORP              | US        |      -240 | NC      | $-28320.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                    | Chevron Corp                    | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32270 | NS      | $5792142.30   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp           | Truist Financial Corp           | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    108939 | NS      | $4687645.17   | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| The Options Clearing Corp       | NVS US 01/20/23 C92.5           | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | N/A              | DE               | CORP              | US        |      -574 | NC      | $-45346.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| BCE INC                         | BCE INC                         | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | CA        |    110372 | NS      | $4850849.40   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson               | Johnson & Johnson               | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     28452 | NS      | $5026045.80   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                  | Merck & Co Inc                  | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     55388 | NS      | $6145298.60   | 3.53%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC      | VERIZON COMMUNICATIONS INC      | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    178385 | NS      | $7028369.00   | 4.03%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc             | VICI Properties Inc             | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |    205156 | NS      | $6647054.40   | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc               | EOG Resources Inc               | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     50861 | NS      | $6587516.72   | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                   | Citigroup Inc                   | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     85616 | NS      | $3872411.68   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| The Options Clearing Corp       | DUK US 01/20/23 C105            | CUSIP: N/A<br>LEI: I1BZKREC126H0VB1BL91       | N/A              | DE               | CORP              | US        |      -626 | NC      | $-59470.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** CULLEN FUNDS TRUST

**Signature:** Brooks Cullen

**Name of Signer:** Brooks Cullen

**Title:** Vice President