Polen Opportunistic High Yield Fund - Investor Class (DDJRX)
| Fund Assets | 292.39M |
| Expense Ratio | 1.14% |
| Min. Investment | $5,000 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 8.07% |
| Dividend Growth | -0.77% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 6.85 |
| YTD Return | -1.64% |
| 1-Year Return | 1.12% |
| 5-Year Return | 6.88% |
| 52-Week Low | 6.81 |
| 52-Week High | 7.23 |
| Beta (5Y) | n/a |
| Holdings | 112 |
| Inception Date | Jul 16, 2015 |
About DDJRX
Polen Opportunistic High Yield Fund – Investor Class is a mutual fund that seeks overall total return consisting of high-level current income combined with long-term capital appreciation. The fund invests primarily in fixed and floating-rate high yield fixed income securities, commonly known as junk bonds, with a strategic focus on middle market issuers in the United States. The portfolio typically holds around 110 securities across various debt instruments including senior unsecured notes, term loans, and secured notes. The fund maintains an average coupon of approximately 7.7 percent and an adjusted effective duration of about 2.4 years, positioning it to balance income generation with moderate interest rate sensitivity. With a monthly dividend payout structure, the fund provides regular income distributions to investors seeking exposure to the high yield bond market. The fund benchmarks itself against the ICE BofA US High Yield Index and operates with transparent portfolio management strategies designed to outperform the broader high yield market over complete credit cycles.
Performance
DDJRX had a total return of 1.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.86%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0462 | Apr 1, 2026 |
| Feb 27, 2026 | $0.0424 | Mar 2, 2026 |
| Jan 30, 2026 | $0.0466 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0475 | Jan 2, 2026 |
| Nov 28, 2025 | $0.0469 | Dec 1, 2025 |
| Oct 31, 2025 | $0.047 | Nov 3, 2025 |