Polen Opportunistic High Yield Fund – Institutional Class (DDJCX)

Overview

The company operates in the financial sector, specializing in investment management with a keen focus on high yield fixed income securities. It positions itself to cater to a niche market of "middle market" issuers primarily in the United States and to a lesser extent in Canada. The investment philosophy is rooted in the selection of credit instruments that are regarded as below investment grade by renowned independent rating agencies such as Moody's Investors Service, Standard and Poor's Rating Services, and Fitch Ratings. This strategic approach targets investors interested in high-risk, high-reward assets, distinguishing the firm within the competitive landscape of investment management.

Products and Services

• Fixed-Rate High Yield Fixed Income Securities

  The fund specializes in investing in fixed-rate securities that offer higher yields compared to investment-grade securities. These investments are targeted at investors looking for more significant income generation from their bond investments, albeit with a higher risk profile due to their below-investment-grade rating.

• Floating-Rate High Yield Fixed Income Securities

  Complementing its fixed-rate offerings, the company also invests in floating-rate high yield fixed income securities. This product is designed for investors who wish to mitigate interest rate risk while still pursuing higher yields available from high yield bonds. The floating-rate feature allows the interest payments to adjust with market rates, providing a cushion against interest rate rises.

• Credit Instruments Rated Below Investment Grade

  The core of the fund's investment strategy is in instruments rated below investment grade. Investments are made in credit instruments that might include bonds, loans, and other debt securities that offer higher yields in exchange for greater risk. This strategy targets investors who are comfortable with higher risk to potentially achieve higher returns.