About DDJCX
Polen Opportunistic High Yield Fund – Institutional Class is a mutual fund that seeks overall total return through a high level of current income and long-term capital appreciation. It primarily invests in fixed- and floating-rate high yield fixed income securities, including senior unsecured notes, term loans, secured notes, and limited allocations to holdco/subordinated debt, structured credit, equity, and cash equivalents. The fund focuses on middle market issuers in the United States, employing rigorous fundamental analysis and legal due diligence to emphasize downside protection. With a portfolio typically comprising 50 to 90 issuers, it targets a yield premium of 200 to 300 basis points relative to benchmarks like the ICE BofA U.S. High Yield Index. Notable features include an adjusted effective duration around 2.4 years and integration of material environmental, social, and governance factors into research for assessing long-term financial sustainability. Managed by Polen Capital Credit, this institutional share class requires a minimum investment of $100,000 and caters to investors seeking exposure to below-investment-grade debt with flexibility across the capital structure.
Fund Family Polen Capital
Category High Yield Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol DDJCX
Share Class Institutional Class
Index ICE BofA US High Yield TR USD
DDJCX had a total return of -2.20% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.77%.
