Schafer Cullen Capital Management Enhanced Equity Income Fund’s Q1 2025 Investor Letter

Cullen Capital Management, LLC, operating under the name Schafer Cullen Capital Management, Inc. (SCCM), has released its “SCCM Enhanced Equity Income Fund” first-quarter investor letter. The first quarter showed mixed results for US stocks, with the S&P 500 declining 4.3% and the Russell 1000 Value rising by 2.1%. The composite outperformed both of its benchmarks in the first quarter, and returned 5.8% (net) compared to a -3.1% return by the CBOE Buy/Write Index (BXM) and a 0.8% return by the SPDR Bloomberg High Yield Bond ETF (JNK). The gains were driven by strong outperformance in seven sectors, mainly in Information Technology, Consumer Discretionary, and Communication Services, during a reversal of the stratified equity market gains of the past two years. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

A copy of Schafer Cullen Capital Management Enhanced Equity Income Fund’s Q1 2025 investor letter can be downloaded here.