C000158334 Performance — Polen DDJ Opportunistic High Yield Fund, Institutional Class
Data updated: 2023-12-14
C000158334 returned +8.04% over one year to Jun 2023. The annualised 3-year return is +4.30%. The fund beat its High Yield Bond category average: $100 invested three years ago grew to $113, against $108 for the category, and to $108 over one year, against $107. Volatility over the past three years was 6.59% a year. In the 12 months to Jun 2023 the fund took in a net $32.0M, and assets reached $288.54M.
C000158334 Growth of $100
What $100 invested in Polen DDJ Opportunistic High Yield Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | C000158334 | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $108 | $107 |
| 3 years (Jul 2020 – Jun 2023) | $113 | $108 |
| Since data start (Jan 2020 – Jun 2023) | $105 | $103 |
C000158334 Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +8.04% |
| 3 years (annualised) | +4.30% |
C000158334 Annual Returns
Calendar-year total returns of Polen DDJ Opportunistic High Yield Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | +7.42% |
| 2022 | −11.30% |
| 2021 | +6.17% |
| 2020 | +3.52% |
C000158334 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +3.8% | +0.1% | −0.4% | +1.4% | +0.1% | +2.3% | — | — | — | — | — | — |
| 2022 | −0.9% | −1.0% | −0.2% | −3.0% | −2.0% | −5.2% | +3.3% | 0.0% | −3.9% | +0.9% | −0.3% | +0.7% |
| 2021 | +1.0% | +0.6% | +0.6% | +1.1% | +0.1% | +1.2% | +0.3% | +0.5% | +0.5% | −0.4% | −0.5% | +1.1% |
| 2020 | +0.9% | −2.1% | −14.9% | +2.3% | +4.5% | +2.7% | +4.2% | +1.3% | 0.0% | +1.0% | +2.9% | +2.2% |
C000158334 Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 6.59%
- 3-year Sharpe ratio: -0.03 (vs 4.5% risk-free rate)
- Best month: +4.19% (Jul 2020)
- Worst month: −5.22% (Jun 2022)
C000158334 Fund Flows
Monthly money in and out of Polen DDJ Opportunistic High Yield Fund, from SEC Form N-PORT.
- 12-month net flow: $32.0M
- 12-month gross sales (incl. reinvestments): $45.2M
- Sales ÷ redemptions: 3.44×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $1.9M | $3.5M | −$1.6M |
| May 2023 | $2.1M | $159K | $2.0M |
| Apr 2023 | $1.9M | $169K | $1.8M |
| Mar 2023 | $11.8M | $5.1M | $6.7M |
| Feb 2023 | $7.3M | $81K | $7.2M |
| Jan 2023 | $2.2M | $241K | $2.0M |
| Dec 2022 | $5.4M | $1.7M | $3.6M |
| Nov 2022 | $2.1M | $1.6M | $498K |
| Oct 2022 | $3.6M | $68K | $3.5M |
| Sep 2022 | $1.6M | $160K | $1.5M |
| Aug 2022 | $2.3M | $283K | $2.0M |
| Jul 2022 | $3.1M | $153K | $2.9M |
C000158334 Assets Under Management
Net assets of Polen DDJ Opportunistic High Yield Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $288.54M |
| 2023-03-31 | $282.22M |
| 2022-12-31 | $263.68M |
| 2022-09-30 | $258.44M |
| 2022-06-30 | $259.06M |
| 2022-03-31 | $279.11M |
| 2021-12-31 | $267.69M |
| 2021-09-30 | $247.03M |
| 2021-06-30 | $223.63M |
| 2021-03-31 | $211.36M |
| 2020-12-31 | $182.80M |
| 2020-09-30 | $139.05M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.