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
Related Perspectives
Podcast: Money Tree Investing Digs into High Yield Markets
Dave Breazzano talks why the perceived risk of credit default is higher when investing in high yield bonds & loans, but the reward can be too
Asset TV Masterclass: Why High Yield, Right Now
Watch Dave Breazzano talk credit markets & unlocking the most compelling yield opportunities seen in years
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.