Fund Performance — Institutional Shares (%)
Hypothetical Growth of a $10,000 Investment
This chart illustrates the performance of a hypothetical $10,000 investment made at inception. It assumes reinvestment of dividends and capital gains but does not reflect the effect of any applicable sales charge or redemption fees. This chart does not imply any future performance.
Risk Statistics (Since Inception)
As of 09-30-2026
Source: Bloomberg. As of 09-30-2026.
Top Ten Holdings (% of Portfolio)
As of 09-30-2026
Holdings are subject to change and should not be considered a recommendation.
GICS Sector Exposure (% of Portfolio)
As of 09-30-2026
The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. (“S&P”) and is licensed for use by Polen Capital Management, LLC. Neither MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification. Subject to change.
Portfolio Characteristics
As of 09-30-2026
In an effort to avoid distorting aggregate portfolio characteristics, the weighted average portfolio calculations exclude an individual financial ratio that has a negative denominator or an outlier value (e.g., greater than 100x or 100%, less than 0%) which we view as not representative of the ongoing underlying economics of the business, likely due to transitory issues or GAAP (Generally Accepted Accounting Principles) accounting limitations. GAAP is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). Additional information is available upon request.
Investment team.
Share Class Details
Polen Capital Management has contractually agreed to reduce its investment advisory fee and/or reimburse certain expenses of the Fund to the extent necessary to ensure that the Fund's total operating expenses (excluding taxes, fees and expenses attributable to a distribution or service plan adopted by FundVantage Trust, interest, extraordinary items, "Acquired Fund Fees and Expenses" and brokerage commissions) do not exceed 1.10% for Investor Class shares and Institutional Class shares and 1.00% for Class Y shares (on an annual basis). The Expense Limitation will remain in place until August 31, 2027, unless the Board of Trustees approves of its earlier termination.
Documents and resources.
Holdings are subject to change. The top holdings, as well as other data, are as of the period indicated and should not be considered a recommendation to purchase, hold, or sell any particular security. There is no assurance that any of the securities noted will remain in a portfolio at the time you receive this fact sheet. Actual holding and percentage allocation in individual client portfolios may vary and are subject to change. It should not be assumed that any of the holdings discussed were or will prove to be profitable or that the investment recommendations or decisions we make in the future will be profitable. A list of all securities held in this portfolio in the prior year is available upon request.
Alpha: is the excess return of an investment relative to the return of the benchmark.
Beta: the measure of systemic risk of a portfolio in comparison to the market as a whole.
Downside Capture: is a statistical measure of overall performance relative to a benchmark during declining markets.
Information Ratio: a measurement of portfolio returns relative to a given benchmark.
Sharpe Ratio: a ratio of the return on an investment relative to its risk.
Standard Deviation: measurement of the dispersion or volatility of investment returns relative to its mean or average.
Upside Capture: is a statistical measure of overall performance relative to a benchmark during rising markets.
Active Share: Active share is a measure of the percentage of stock holdings in a manager’s portfolio that differ from the benchmark index.
Annual Turnover: percentage of the portfolio's holdings that have been replaced in a given year.
GICS Sectors: The Global Industry Classification Standard (GICS) is a system for categorizing every public company by economic sector and industry group.
P/E Forward: denotes the weighted harmonic average of all the P/E’s of the securities in the fund’s portfolio.
Polen Long Term EPS Growth Estimate: a Polen Capital estimate of projected long-term earnings growth rates (Earnings Growth is not a measure of future performance).
Total Debt/ Total Capital: measures the total amount of outstanding company debt as a percentage of the firm’s total capitalization.
Return on Invested Capital: assesses a company’s efficiency at allocating the capital and is measured by operating profit after taxes divided by investment capital.
Risk-Adjusted Return: a calculation of the profit or potential profit from an investment that considers the degree of risk that must be accepted in order to achieve it. Sharpe Ratio: a ratio of the return on an investment relative to its risk.
Weighted Average Market Cap: a weighted average of the price of each security multiplied by the number of shares outstanding all the securities in the portfolio.
The Russell 2000® Growth Index is a market capitalization weighted index that measures the performance of the small-cap growth segment of the U.S. equity universe. It includes Russell 2000® Index companies with higher price/book ratios and higher forecasted growth values. The index is maintained by the FTSE Russell, a subsidiary of the London Stock Exchange Group. It is impossible to invest directly in an index. The performance of an index does not reflect any transaction costs, management fees, or taxes.
ESG Risk: The Adviser integrates material environmental, social, and governance (ESG) factors into research analysis as part of a comprehensive evaluation of a company’s long-term financial sustainability. The risk that the investment techniques and risk analyses applied by the investment adviser, including but not limited to the Adviser’s integration of ESG factors into its research analysis, will not produce the desired results and that legislative, regulatory, or tax developments may affect the investment techniques available to the investment adviser and the individual portfolio manager in connection with managing the Fund. There is no guarantee that the investment objective of the Fund will be achieved.
Mutual fund investing involves risk, including possible loss of principal. The Fund is non-diversified, which means that a large portion of the Fund’s assets may be invested in one or few companies or sectors. The Fund could fluctuate in value more than a diversified fund. Small- and mid-capitalization companies tend to have limited liquidity and greater price volatility than large capitalization companies.
Investors should consider the investment objectives, risks, charges and expenses of the Polen U.S. Small Company Growth Fund carefully before investing. A prospectus with this and other information about the Fund may be obtained by calling 1-888-678-6024 or visiting the Materials tab. It should be read carefully before investing.
All performance is calculated in US Dollars. The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Returns are presented net of management fees and include the reinvestment of all income.
Polen Funds are distributed by Foreside Funds Distributors LLC., not affiliated with Polen Capital Management.
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