# EDGAR Filing Document

**Accession Number:** 0001109957
**File Stem:** 0000910472-26-002923
**Filing Date:** 2026-2
**Character Count:** 16257
**Document Hash:** f211455956eb832291c0ee80e1b81709
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-002923.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000910472-26-002923

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CULLEN FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001109957

**ORGANIZATION NAME:**
- **EIN:** 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:** 26685676

**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:** 212-644-1800

**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:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $142199919.29

**Total Liabilities:** $561408.91

**Net Assets:** $141638510.38

**Cash Not Reported:** $65721.68

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000163394 | -2.53%               | 3.30%                | 1.16%                |
| Class ID C000163395 | -2.42%               | 3.37%                | 1.22%                |
| Class ID C000163396 | -2.44%               | 3.40%                | 1.15%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-730952.92              | $-3397602.37                               |
| Month 2  | $-279254.36              | $4467022.98                                |
| Month 3  | $1614929.11              | $-575067.76                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Altria Group, Inc.                    | ALTRIA GROUP INC        | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     68176 | NS      | $3931028.16   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc.     | AMERICAN INTERNA        | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     46005 | NS      | $3935727.75   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| BCE Inc.                              | BCE INC                 | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | CA        |    167614 | NS      | $3992565.48   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                 | BANK OF AMERICA         | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     75661 | NS      | $4161355.00   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton, Dickinson and Company         | BECTON DICKINSON        | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     24048 | NS      | $4666995.36   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company          | BRISTOL-MYER SQB        | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     90732 | NS      | $4894084.08   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                   | CISCO SYSTEMS           | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     73600 | NS      | $5669408.00   | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                        | CITIGROUP INC           | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     43000 | NS      | $5017670.00   | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                   | COMCAST CORP-A          | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    110639 | NS      | $3306999.71   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                        | CONOCOPHILLIPS          | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     56298 | NS      | $5270055.78   | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                      | DUKE ENERGY CORP        | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     37374 | NS      | $4380606.54   | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                    | EOG RESOURCES           | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     43753 | NS      | $4594502.53   | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                     | EXXON MOBIL CORP        | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     33295 | NS      | $4006720.30   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corporation             | FIRST HORIZON CO        | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |    151535 | NS      | $3621686.50   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation          | GENERAL DYNAMICS        | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      9657 | NS      | $3251125.62   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                      | GENUINE PARTS CO        | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |     22350 | NS      | $2748156.00   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc             | HEALTHPEAK PROPE        | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |    237925 | NS      | $3825834.00   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp. | IBM                     | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     11500 | NS      | $3406415.00   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc                  | KEURIG DR PEPPER        | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    142830 | NS      | $4000668.30   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                      | MERCK & CO              | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     48386 | NS      | $5093110.36   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc.     | PNC FINANCIAL SE        | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     20049 | NS      | $4184827.77   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries, Inc.                  | PPG INDS INC            | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     34124 | NS      | $3496345.04   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corporation                       | PPL CORP                | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    126756 | NS      | $4438995.12   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Paccar Inc                            | PACCAR INC              | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     40422 | NS      | $4426613.22   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc.                         | QUALCOMM INC            | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     16858 | NS      | $2883560.90   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corporation                     | SYSCO CORP              | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     56918 | NS      | $4194287.42   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp.                | TRUIST FINANCIAL        | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     83926 | NS      | $4129998.46   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corporation             | UNION PAC CORP          | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     12000 | NS      | $2775840.00   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.           | UNITED PARCEL-B         | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     33508 | NS      | $3323658.52   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.               | UNITEDHEALTH GRP        | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     11805 | NS      | $3896948.55   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.           | VERIZON COMMUNIC        | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    104122 | NS      | $4240889.06   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Vici Properties Inc                   | VICI PROPERTIES         | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |    170385 | NS      | $4791226.20   | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | BAC US 01/16/26 C58     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |      -379 | NC      | $-11749.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | BBH SWEEP VEHICLE       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   1831342 | PA      | $1831341.53   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | FHN US 01/16/26 C25     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |     -1515 | NC      | $-37875.00    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Medtronic PLC                         | MEDTRONIC PLC           | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     65423 | NS      | $6284533.38   | 4.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit WestRock plc                  | SMURFIT WESTROCK        | CUSIP: G8267P108<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |     66740 | NS      | $2580835.80   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | MRK US 01/16/26 C110    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |      -242 | NC      | $-9680.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | PCAR US 01/16/26 C113.6 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |      -404 | NC      | $-30300.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | TFC US 01/16/26 C50     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |      -420 | NC      | $-22680.00    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-28

**Name of Applicant:** Cullen Funds Trust

**Signature:** Stephen ONeil

**Name of Signer:** Stephen ONeil

**Title:** Treasurer