Polen Upper Tier High Yield Fund - Institutional Class (PBBIX)

Overview

The fund aims to surpass the performance of the broader high yield market throughout the entirety of a credit cycle. This cycle refers to a recurring sequence, typically spanning several years, during which the availability of credit to borrowers fluctuates. Focused mainly on the U.S. market, the fund's strategy revolves around investing in high yield fixed income securities denominated in U.S. dollars. By targeting these specific assets, the fund seeks to leverage the periodic expansions and contractions in credit access, aiming to provide investors with superior returns over the long term.

Products and Services

• High Yield Fixed Income Securities

  The fund primarily invests in high yield fixed income securities that are denominated in U.S. dollars. These investments aim to offer higher returns compared to traditional fixed income securities, albeit with a higher level of risk. By carefully selecting these securities, the fund seeks to capitalize on the opportunities presented during various phases of the credit cycle, enhancing the potential for outperformance against the broader high yield market.

• Credit Cycle Strategy

  The investment strategy is predicated on the dynamics of the credit cycle, a key financial indicator that influences the fund's investment decisions. This approach involves adjusting the fund's portfolio in response to changes in the availability of credit within the economy, aiming to maximize returns during periods of expansive credit and mitigate losses when credit becomes more restrictive. The fund's adept navigation of the credit cycle phases is foundational to its goal of achieving long-term outperformance.