Polen Opportunistic High Yield Fund - Class Y (DDJIX)
| Fund Assets | 297.57M |
| Expense Ratio | 0.79% |
| Min. Investment | $5,000,000 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 8.19% |
| Dividend Growth | -0.76% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 7.04 |
| YTD Return | 1.26% |
| 1-Year Return | 4.99% |
| 5-Year Return | n/a |
| 52-Week Low | 6.47 |
| 52-Week High | 7.06 |
| Beta (5Y) | n/a |
| Holdings | 112 |
| Inception Date | Jul 16, 2015 |
About DDJIX
Polen Opportunistic High Yield Fund - Class Y is a mutual fund that seeks to deliver overall total return by combining a high level of current income with long-term capital appreciation. The fund primarily invests in fixed- and floating-rate high yield fixed income securities, focusing notably on middle-market issuers in the United States. Its portfolio includes senior unsecured notes, term loans, secured notes, and subordinated debt, diversified across approximately 87 issuers with an emphasis on income-producing corporate debt of below investment grade quality. The fund maintains an average coupon around 7.9% and an adjusted effective duration of about 2.4 years. It aims to balance income generation with capital growth while managing risk factors typical of high yield securities, such as credit and interest rate risk. The Class Y shares feature a net expense ratio of 0.79%, reflecting cost efficiency for institutional-level investors. Managed by Polen Capital Credit, LLC, the fund plays a specific role in financial markets by providing exposure to opportunistically selected high yield debt instruments, blending income and growth potential for investors seeking diversified credit risk within the U.S. market.
Performance
DDJIX had a total return of 4.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.66%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0485 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0496 | Jan 2, 2026 |
| Nov 28, 2025 | $0.049 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0491 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0471 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0481 | Sep 2, 2025 |