SCCM Enhanced Equity Income Fund sold its position in Travelers (TRV)

Cullen Capital Management, LLC, released its “SCCM Enhanced Equity Income Fund” first-quarter investor letter. The composite outperformed its benchmarks, with a 5.8% return compared to -3.1% by the CBOE Buy/Write Index and 0.8% by the SPDR Bloomberg High Yield Bond ETF. Strong performance was driven by Information Technology, Consumer Discretionary, and Communication Services sectors.

In the first quarter, SCCM Enhanced Equity Income Fund highlighted The Travelers Companies, Inc. (NYSE: TRV). The one-month return of TRV was -1.79%, with shares gaining 31.08% over the last 52 weeks. On July 1, 2025, TRV closed at $267.00 per share, with a market capitalization of $60.494 billion.

SCCM Enhanced Equity Income Fund sold its position in The Travelers Companies, Inc. (NYSE: TRV) in Q1 2025. The strategy appreciated TRV substantially in recent years, with a 6.1% annualized dividend increase. However, given share price appreciation, the yield declined to 1.6% at the time of the sale.

The Travelers Companies, Inc. (NYSE: TRV) is not among the 30 Most Popular Stocks Among Hedge Funds, with 51 hedge fund portfolios holding TRV at the end of Q1 2025. While TRV has potential as an investment, our conviction lies in AI stocks for higher returns in a shorter timeframe. Check out our report on an undervalued AI stock with massive gains potential.

Read more at Yahoo Finance: SCCM Enhanced Equity Income Fund Sold Its Position in Travelers (TRV)