Morningstar

Polen Opportunistic High Yield - Y DDJIX

Morningstar Medalist Rating
Medalist Rating as of | See Polen Capital Investment Hub
  • NAV / 1-Day Return 7.30  /  −0.14 %
  • Total Assets 307.0 Mil
  • Adj. Expense Ratio
    0.790%
  • Expense Ratio 0.790%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 7.99%
  • Effective Duration 1.22 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0

Morningstar’s Analysis DDJIX

Will DDJIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DDJIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DDJIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DDJIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Polen Opportunistic High Yield-Y to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

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Portfolio Holdings DDJIX

More DDJIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Century Aluminum Company 7.5%

4.27 12.7 Mil
Corporate

HUB International Ltd. 7.375%

3.83 11.4 Mil
Corporate

Surgery Center Holdings, Inc. 4%

3.79 11.3 Mil
Corporate

Baffinland Iron Mines Corporation and Baffinland Iron Mines LP

3.78 11.2 Mil
Corporate

Madison IAQ LLC 5.875%

2.73 8.1 Mil
Corporate

MH SUB I LLC/Internet Brands 2L TL

2.66 7.9 Mil
Corporate

Raising Canes Restaurants LLC

2.60 7.7 Mil
Corporate

Simmons Foods Inc / Simmons Prepared Foods Inc / Simmons Pet Food Inc / Sim

2.55 7.6 Mil
Corporate

Dornoch Debt Merger Subordinated Inc. 6.625%

2.30 6.8 Mil
Corporate

AssuredPartners Inc 7.5%

2.24 6.7 Mil
Corporate

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