Our U.S. High Yield strategy seeks to achieve overall total return consisting of a high level of current income together with long-term capital appreciation.
Number of Issuers: 60-120
Style: High Yield
Benchmark: ICE BofA U.S. High Yield Index
- U.S. high yield strategy with a strong emphasis on due diligence and margin of safety
- Concentrated, high conviction portfolio focused primarily on more liquid and BB/B-rated bonds
- Private equity style investment approach with a focus on loan-to-value, including ESG considerations
- Long holding periods that aim to deliver a compounding yield advantage
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.
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.
The ICE BofA U.S. High Yield Index, is a broad high yield index that tracks the performance of U.S. dollar-denominated below investment grade corporate debt publicly issued in the U.S. domestic market. The volatility and other material characteristics of the indices referenced may be materially different from the performance achieved. In addition, the portfolio’s holdings may be materially different from those within the index. Indices are unmanaged.