Content and data provided by various third parties and Fidelity − Terms of Use | Help/Glossary

Print

| AAA

Polen Capital Rolls Out 2 High Yield ETFs

BY | ETF Database

03/25/2025 | 60 VIEWS

Related Symbols
PCFI
PCEM

This week, Polen Capital expanded its offerings with the launch of two new high yield ETFs. They are the Polen Floating Rate Income ETF (PCFI) and the Polen High Income ETF (PCHI). “In an environment of inflationary pressure and an increasingly unpredictable economy, we are excited to expand our suite of investment solutions with these new ETFs,” said Kevin Dolsen, chief operating officer and head of global distribution at Polen Capital.High Yield StrategyPCFI launched on March 24 on the NYSE Arca. It looks to generate high current income, with long-term capital appreciation as a secondary goal. The fund mainly invests in senior secured floating-rate loans, an asset class that may help hedge against rising interest rates. PCFI offers a nimble, income-generating option for investors seeking floating rate exposure amid inflation and uncertainty around the Fed’s actions. The fund has an expense ratio of 0.59%. PCHI is a version of Polen’s Opportunistic High Yield strategy, but with the liquidity and tradability that come with the ETF wrapper. The strategy is also available as a mutual fund, a managed account and a qualifying investor alternative investment fund (QIAIF). See More: Chang Leads Discussion on ETF Regulatory Changes on the Horizon Listed today on the NYSE Arca, PCHI seeks to capture income opportunities in high yield bonds and leveraged loans with its disciplined, risk-aware investment process. The fund has an expense ratio of 0.63%. “By offering PCFI and PCHI — both actively managed ETFs — we believe we can empower investors to diversify their portfolios with strategies that compound income and drive long-term value,” added Dolsen.Fund Management & GrowthPolen Capital veterans John Sherman and Ben Santonelli manage both funds. The two new credit ETFs join a growing family of active ETFs. These include the Polen Capital Global Growth ETF (PCGG B-), Polen Capital International Growth ETF (PCIG C+), Polen Capital China Growth ETF (PCCE C), and Polen Capital Emerging Markets ex-China Growth ETF (PCEM). The global investment firm entered the ETF market in the latter half of 2023. It currently has nearly $200 million in assets spread across its ETF offerings. For more news, information, and analysis, visit ETFDB.

Performance data shown is past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. For standard quarterly performance, go to the fund's Snapshot page by clicking on the ETF/ETP's symbol.

ETFs may trade at a premium or discount to their NAV and are subject to the market fluctuations of their underlying investments.

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. Additional information about the sources, amounts, and terms of compensation can be found in the ETF's prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock, Inc. and its affiliates.

FBS receives compensation from the fund's advisor or its affiliates in connection with a marketing program that includes the promotion of this security and other ETFs to customers ("Marketing Program"). The Marketing Program creates incentives for FBS to encourage the purchase of certain ETFs. Additional information about the sources, amounts, and terms of compensation is in the ETF's prospectus and related documents. Please note that this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral.

News, commentary (including "Related Symbols") and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.