Polen Bank Loan

Investment Objective

Our Bank Loan strategy seeks to outperform a broad-based U.S. leveraged loan index over a full credit cycle on an unleveraged basis while experiencing realized credit losses at or below market level.

Why Invest in Polen Bank Loan?

  • U.S. leveraged loan strategy with a strong emphasis on due diligence and margin of safety
  • Concentrated, high-conviction portfolio
  • Private equity style investment approach with a focus on loan-to-value
  • Long holding periods that aim to deliver a compounding yield advantage

A High Conviction Approach

We strive to generate attractive risk-adjusted returns by employing a disciplined, bottom-up, fundamentally-oriented investment process with a strict adherence to downside protection. Through rigorous due diligence with a strong emphasis on margin of safety, we believe that we can construct concentrated portfolios that can outperform broad high yield indices over a full credit cycle.

Product Profile

Number of Issuers 60-90
Style High Yield
Benchmark S&P/LSTA Leveraged Loan Index

Experience in High Yield Investing

John Sherman
Portfolio Manager, US High Yield
19 years of experience
Ben Santonelli
Portfolio Manager, US High Yield
19 years of experience

Related Perspectives

Polen Capital Credit, LLC, a wholly-owned subsidiary of Polen Capital Management, LLC, is an investment adviser registered with the SEC. Please find Polen Capital Credit, LLC ‘s Form ADV linked here.

The S&P/LSTA Leveraged Loan Index is a rules-based index composed of loans that meet the following inclusion rules; senior secured, minimum initial term of one year, initial minimum spread of UBOR + 125 basis points at inception, minimum size of $50 million, and U.S. dollar-denominated. The volatility and other material characteristics of the indices referenced may be materially different from the performance achieved. Holdings of portfolios pursuing the strategy may be materially different from those within the index. Indices are unmanaged.