Our Polen ESG Upper Tier U.S. High Yield strategy seeks to generate high current income and capital appreciation within the higher rated segment of the U.S. high yield universe through security selection with a focus on integrated sustainability analysis.
Number of Issuers: 80-110
Style: High Yield
Benchmark: ICE BofA BB-B U.S. High Yield Ex Utility & Energy Index
- Access to a high conviction, concentrated yet liquid portfolio focused on the higher rated segment of the U.S. high yield universe.
- Seeks to generate alpha through bottom-up security selection, not top-down macro calls.
- Transparent and focused sustainability approach is integrated within the investment process.
- The strategy seeks to maintain an estimated carbon intensity below that of the relevant (ex- Utility & Energy) benchmark.
We strive to generate attractive risk-adjusted returns by employing a disciplined, bottom-up, fundamentally-oriented investment process with a strict adherence to downside protection. Through rigorous due diligence with a strong emphasis on margin of safety, we believe that we can construct concentrated portfolios that can outperform broad high yield indices over a full credit cycle.
Portfolio Management
Expertise in High Yield Credit Investing
Polen Capital Credit, LLC, a wholly-owned subsidiary of Polen Capital Management, LLC, is an investment adviser registered with the SEC. Please find Polen Capital Credit, LLC's Form ADV linked here.
ICE BofA BB-B U.S. High Yield Ex Utility & Energy Index: The benchmark comprises the BB1 through B3 rated securities of the ICE BofA U.S. High Yield Index and excludes Utility and Energy sectors as defined by the ICE BofA Level 3 classification scheme.
ICE BofA U.S. High Yield Index: The ICE BofA U.S. High Yield Index tracks the performance of U.S. dollar denominated below investment grade corporate debt publicly issued in the U.S. domestic market.
The index data referenced herein is the property of ICE Data Indices, LLC, its affiliates (“ICE Data”) and/or its Third-Party Suppliers and has been licensed for use by Polen Capital Credit, LLC ICE Data and its Third-Party Suppliers accept no liability in connection with its use. Please contact Polen Capital Credit for a full copy of the applicable disclaimer.
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