Polen Capital
Polen Capital U.S. Opportunistic High Yield
Jun 2026 → Sep 2026
Our archive holds 2 letters from this strategy and positions in 3 companies. Every quote below is copied verbatim from the letter it came from.
2 letters in a year · follow all of Polen Capital for every strategy.
Performance
as of Sep 30, 2026 · net of fees · USD
- YTD+1.1%index +0.0%
- 1Y+0.9%index +1.4%
- 3Y · /yr+5.7%index +7.9%
- 5Y · /yr+3.5%index +3.5%
- 10Y · /yr+5.5%index +4.9%
- Inception · /yr+6.7%index +6.0%
Index: ICE BofA U.S. High Yield Index
| YTD | 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|---|
| Polen Capital U.S. Opportunistic High Yield | +1.1% | +0.9% | +5.7% | +3.5% | +5.5% | +6.7% |
| ICE BofA U.S. High Yield Index | +0.0% | +1.4% | +7.9% | +3.5% | +4.9% | +6.0% |
Since inception: Inception (03-31-1998)
Disclaimer
These figures are copied from the manager’s latest letter, as of Sep 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
- New positionMeridian ArcJun 2026
Polen Credit invested in the Company’s 6.25% Senior Secured Notes due 2031 based on the view that Meridian Arc offers attractive risk-adjusted returns supported by contracted cash flows, Google-backed lease support, strong asset coverage, and meaningful lender protections.
- ExitedOldcastleJun 2026
the portfolio, along with other funds and accounts managed by Polen Credit, exited its position in the 9.5% Senior Notes due April 2030 at a price well above the previous mark following a negotiated transaction with the private equity sponsor of the Company.
Also held
- Angus Chemical Co.
- Medical Solutions Holdings Inc.
- Eyecare Partners LLC
- Baffinland
- Internet Brands
- RealTruck