AUM $14.6MER 0.59%NAV $22.34Holdings —Inception Mar 2025
Price Chart
Key Statistics
Previous Close
$22.27Day Range
$22.32$22.32
52-Week Range
$22.25$24.40
Avg Volume
448Dividend Yield
11.21%Expense Ratio
0.59%AUM
$14.6MShares Outstanding
355.8KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Country Allocation
| Country | Weight % |
|---|---|
| United States | 91.08% |
| Other | 4.28% |
| Luxembourg | 1.92% |
| Canada | 1.22% |
| Netherlands | 0.70% |
| United Kingdom | 0.66% |
| Germany | 0.14% |
Fund Information
- Issuer
- Polen
- Inception Date
- Mar 23, 2025
- Exchange
- NYSE_ARCA
- Description
- PCFI provides segmented exposure to the North American fixed income market with the intention of exceeding the performance of the broader bank loan market over a credit cycle. It aims to deliver overall total return through investments in high yield, floating rate bank loans and other corporate debt securities of middle market issuers in the US and, partially, in Canada. While it primarily invests in senior secured loans, it will also hold corporate bonds, convertible bonds, and preferred stock that are believed to be undervalued. The fund utilizes value investing with the intention of balancing the risks with the potential reward of discounted securities. It mainly follows a bottom-up investment approach, emphasizing downside protection, with the aim of adding value initially through security selection. The fund will not focus on maturity and duration. The portfolio will typically include 60 to 110 credit instruments.
The Polen Floating Rate Income ETF (PCFI) is an exchange-traded fund issued by Polen that launched on Mar 23, 2025. It currently manages $14.6M in assets under management. The fund charges an expense ratio of 0.59%.
Top 10 holdings represent 18.1% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | Auction.com LLC (f/k/a Ten-X 05/26/28 Term Loan | 2.38% | 342,936 | $340K |
| 2 | — | CVET Midco 10/13/29 Term Loan | 2.07% | 312,475 | $296K |
| 3 | — | WPB Holdco Sa rl 09/23/33 Term Loan | 1.93% | 285,000 | $275K |
| 4 | — | Learning Care Group (US) No. 2 08/11/28 Term Loan | 1.78% | 329,118 | $254K |
| 5 | — | ASCEND LEARNIN 12/11/28 Term Loan | 1.77% | 255,000 | $253K |
| 6 | — | Alliant Hldgs Inte 09/19/31 Term Loan | 1.77% | 253,632 | $253K |
| 7 | — | PROJ EVERG 09/17/33 Term Loan | 1.69% | 241,557 | $241K |
| 8 | — | BAFFINLAND IRON M 8.75 15JUL2 DFLT | 1.68% | 330,000 | $240K |
| 9 | — | LOAN ALCHEMY MER 09/22/33 Term Loan | 1.58% | 225,000 | $225K |
| 10 | — | HEIDRICK & STRUGGLES TERM L 11/24/32 TERM LOAN | 1.48% | 209,202 | $211K |
| 11 | — | Aruba Investments Ho 11/25/30 Term Loan | 1.43% | 230,000 | $204K |
| 12 | — | CENGAGE LEARNIN 03/24/31 TERM LOAN | 1.29% | 184,412 | $184K |
| 13 | — | Nexus Buyer 07/31/31 Term Loan | 1.26% | 184,283 | $180K |
| 14 | — | IPS TERM 10/18/32 TERM LOAN | 1.26% | 183,911 | $179K |
| 15 | — | CCO HLDGS LLC / 7.375 01FEB36 144A | 1.24% | 195,000 | $178K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.20% | |
| 1W | -0.04% | |
| 1M | -1.61% | |
| 3M | -1.29% | |
| 6M | -3.13% | |
| YTD | -5.59% | |
| 1Y | -7.92% | |
| 3Y | -11.15% | |
| 5Y | -11.15% |
Moving Averages
20-Day MA
$22.43
Below 20-Day MA50-Day MA
$22.45
Below 50-Day MA200-Day MA
$22.84
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$24.40
Current Price
$22.32
52-Week Low
$22.25
$22.25$24.40
Current Yield
11.21%
Annual Dividend
$0.8816
Frequency
Monthlyx/year
Last Ex-Date
May 29, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.1573 | Jun 1, 2026 |
| Apr 30, 2026 | $0.1806 | May 1, 2026 |
| Mar 31, 2026 | $0.1963 | Apr 1, 2026 |
| Feb 27, 2026 | $0.3474 | Mar 2, 2026 |
| Jan 30, 2026 | $0.1959 | Feb 2, 2026 |
| Dec 31, 2025 | $0.1569 | Jan 2, 2026 |
| Nov 28, 2025 | $0.1522 | Dec 1, 2025 |
| Oct 31, 2025 | $0.1807 | Nov 3, 2025 |
| Sep 30, 2025 | $0.1827 | Oct 1, 2025 |
| Aug 29, 2025 | $0.1728 | Sep 2, 2025 |
| Jul 31, 2025 | $0.1954 | Aug 1, 2025 |
| Jul 31, 2025 | $0.1950 | — |
| Jun 30, 2025 | $0.4034 | Jul 1, 2025 |
| May 30, 2025 | $0.1995 | Jun 2, 2025 |
| Apr 30, 2025 | $0.2221 | May 1, 2025 |
| Mar 31, 2025 | $0.1570 | Apr 1, 2025 |
Dividend Payments Over Time
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