NEW YORK--(BUSINESS WIRE)--Schafer Cullen Capital Management is pleased to announce that Envestnet, along with Investment Advisor, selected Schafer Cullen as a 2016 winner of their SMA Manager of the Year Award in the U.S. Large Cap Equity category for the High Dividend Value Equity strategy.

The award, which was announced at the 2016 Envestnet Advisor Summit in Chicago, recognizes managers who demonstrate characteristics that enable their SMA strategies to generate alpha over the long term. The SCCM High Dividend Value Equity strategy was specifically recognized for its strong performance in 2015, along with a consistent management process, and clarity and reliability in the firm’s investment approach and philosophy.

The Schafer Cullen High Dividend Value Equity strategy was launched in 1994 and allows investors to participate in the long-term upside potential while simultaneously providing substantial downside protection. In accordance with the firm’s underlying philosophy, the High Dividend portfolio invests in undervalued companies with above-average earnings growth. In addition, the portfolio emphasizes stocks with dividend yields greater than that of the S&P 500 and strong dividend growth. Historically, the added component of higher dividend yields has demonstrated greater protection during market downturns.

Jim Cullen, CEO of Schafer Cullen and co-portfolio manager of the Schafer Cullen High Dividend Value Equity strategy, said, “We are thrilled to receive this honor – being named as a top Large Cap Equity SMA manager speaks to the strength of our firm and of our commitment to sticking to an investment philosophy that we believe in and that has proven results.”

For more information please visit www.cullenfunds.com.