Polen Capital Introduces ETFs To Target Floating-Rate Loans, High-Yield Bonds
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Zinger Key Points
  • PCFI pursues high current income, with long-term capital appreciation as a secondary objective.
  • PCHI is an ETF expression of Polen's Opportunistic High Yield strategy, which has previously been available as a mutual fund.

Polen Capital is expanding its presence in the high-yield investment world.

The firm introduced two ETFs: the Polen Floating Rate Income ETF PCFI and the Polen High Income ETF PCHI. The funds offer investors new ways of weathering inflation and market volatility while generating income.

The new ETFs join Polen Capital’s growing list of actively managed ETFs:

  • Polen Capital Global Growth ETF PCGG
  • Polen Capital International Growth ETF PCIG
  • Polen Capital China Growth ETF PCCE, and
  • Polen Capital Emerging Markets ex-China Growth ETF PCEM.

Also Read: New RSMR ETF Balances Risk And Reward For Investors

High Yield Strategy: PCFI launched on March 24 to pursue high current income, with long-term capital appreciation as a secondary objective. It invests primarily in senior secured floating-rate loans, an asset class that may serve as a hedge against rising interest rates. With an expense ratio of 0.59%, PCFI provides a flexible income-generating option for investors seeking floating rate exposure in a world of high inflation and uncertainty about the Federal Reserve’s monetary policy.

PCHI is an ETF expression of Polen’s Opportunistic High Yield strategy, which has previously been available as a mutual fund, a managed account, and a QIAIF alternative investment. The fund uses a disciplined, risk-aware approach to capitalize on income opportunities in high-yield bonds and leveraged loans. It has an expense ratio of 0.63%.

Ever since it entered the ETF space in late 2023, Polen Capital has expanded its products. Today, it oversees nearly $200 million of assets in its ETF family.

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