Polen U.S. Opportunistic High Yield

Investment Objective

Our U.S. Opportunistic High Yield strategy seeks to outperform a broad-based U.S. high yield index with similar or lower risk over a full credit cycle.

Why Invest in Polen U.S. Opportunistic High Yield?

  • U.S. high yield 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 70-90
Style High Yield
Benchmark ICE BofA U.S. High Yield Index

Experience in High Yield Investing

Dave Breazzano
Head of Team, Portfolio Manager, US High Yield
43 years of experience
Ben Santonelli
Portfolio Manager, US High Yield
19 years of experience
John Sherman
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 ICE BofA U.S. Yield Index is a broad unmanaged high yield index that consists primarily of bonds and notes rated BB or lower. The index does not include any private (non-144A) obligations, convertible bonds, and preferred and common equity. 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. It is impossible to invest directly in an index. The performance of an index does not reflect any transaction costs, management fees, or taxes.