PCHI Polen High Income ETF
Quote as of Oct 09, 2026 19:59 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 23.49 | Day Range | 23.50 – 23.55 |
| 52-Week Range | 22.90 – 25.41 | Volume | 884 |
| Avg Volume | 3.72K | AUM | $21.2M (Oct 10, 2026) |
| Expense Ratio | 0.66% | Yield (TTM) | 7.85% |
| NAV | 23.54 | Premium/Discount | -0.17% indicative |
| Inception | Mar 25, 2025 | Holdings | — |
| Issuer | Polen | Exchange | AMEX |
| Category | High Yield Bonds | Index Tracked | Not stated in source data |
| CUSIP | 36087T411 | ISIN | US36087T4114 |
| Management | Not stated in source data | ||
About this ETF
The Polen High Income ETF (PCHI) is designed to offer specialized access to the North American fixed income market, with the overarching goal of outperforming the broader high-yield sector over the course of a full credit cycle. Its objective is to generate substantial total returns by allocating capital to both fixed and floating-rate sub-investment-grade debt. These investments primarily target middle-market companies situated in the United States, with a partial allocation to Canadian issuers. The holdings encompass a range of below-investment-grade instruments—such as corporate bonds, senior secured loans, convertible debt, and preferred stock—all selected for their perceived undervaluation. The fund employs a value-oriented investment philosophy, striving to prudently balance the inherent risks with the potential rewards offered by these discounted securities. A predominantly bottom-up investment approach guides the fund, with significant emphasis placed on individual security selection as the primary driver of value creation, coupled with a robust focus on mitigating downside risks. While maturity and duration are not central to its investment strategy, PCHI anticipates that its portfolio holdings will generally exhibit shorter maturities and lower duration compared to typical broad-based high-yield market indices. The portfolio is expected to maintain a diversified yet concentrated structure, typically comprising between 60 and 150 distinct bond holdings.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -2.53% | -5.62% | -4.82% | -5.96% | -6.82% | — | — | — | -4.26% |
| Total return | -2.53% | -5.13% | -2.45% | -1.71% | -0.55% | — | — | — | +2.13% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.66% | Annual cost of a $10,000 investment | $66.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 135 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | BAFFINLAND IRON M 8.75 15JUL2 DFLT | — | 2.45% | 700.00K | $517.1K |
| 2 | CVET Midco 10/13/29 Term Loan | — | 2.20% | 487.83K | $463.4K |
| 3 | SURGERY CTR HLDGS 7.25 15APR32 144A | — | 2.10% | 435.00K | $441.4K |
| 4 | MINERVA MERGER SUB 6.5 15FEB30 144A | — | 1.83% | 395.00K | $385.0K |
| 5 | NATIONAL MENTOR H 10.5 15DEC30 144A | — | 1.81% | 355.00K | $381.9K |
| 6 | HUB INTL LTD 7.375 31JAN32 144A | — | 1.79% | 370.00K | $377.3K |
| 7 | FOCUS FINL PARTNE 6.75 15SEP31 144A | — | 1.78% | 385.00K | $374.6K |
| 8 | MERIDIAN ARC HOLD 6.25 30APR31 144A | — | 1.78% | 390.00K | $374.4K |
| 9 | RAVEN ACQUISITIO 6.875 15NOV31 144A | — | 1.58% | 330.00K | $332.2K |
| 10 | BEACH ACQUISITION 10.0 15JUL33 144A | — | 1.56% | 303.24K | $328.8K |
| 11 | OAK-EAGLE ACQUIRE 7.25 01JUL33 144A | — | 1.55% | 310.00K | $326.3K |
| 12 | ELLUCIAN HLDGS INC 6.5 01DEC29 144A | — | 1.55% | 325.00K | $325.8K |
| 13 | SHIFT4 PMTS LLC / 6.75 15AUG32 144A | — | 1.54% | 335.00K | $324.2K |
| 14 | WEX INC 6.5 15MAR33 144A | — | 1.50% | 325.00K | $316.0K |
| 15 | GLOBAL MED RESPO 7.375 01OCT32 144A | — | 1.38% | 290.00K | $290.3K |
| 16 | ALLIANT HLDGS IN 7.375 01OCT32 144A | — | 1.36% | 290.00K | $286.8K |
| 17 | APLD COMPUTECO 3 L 7.0 15JUN31 144A | — | 1.32% | 285.00K | $278.2K |
| 18 | LSF12 HELIX PARE 7.125 01FEB33 144A | — | 1.30% | 275.00K | $274.0K |
| 19 | CHARLOTTE BUYER IN 8.0 30JUN31 144A | — | 1.30% | 265.00K | $273.1K |
| 20 | PIONEER OPCO LLC 7.0 15MAY33 144A | — | 1.29% | 265.00K | $271.2K |
| 21 | LIGHT + WONDER IN 6.25 01OCT33 144A | — | 1.26% | 275.00K | $264.5K |
| 22 | COREWEAVE INC 9.0 01FEB31 144A | — | 1.25% | 295.00K | $262.3K |
| 23 | QUIKRETE HLDGS IN 6.75 01MAR33 144A | — | 1.24% | 265.00K | $261.5K |
| 24 | ADIENT GLOBAL HLDG 7.5 15FEB33 144A | — | 1.23% | 255.00K | $259.0K |
| 25 | DEXKO GLOBAL INC 7.5 15APR32 144A | — | 1.22% | 319.30K | $257.8K |
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Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 7.85% | Paid (last 12 months) | $1.8450 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 30, 2026 | Last payment | $0.1437 (Oct 01, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 30, 2026 | Sep 30, 2026 | Oct 01, 2026 | $0.1437 |
| Aug 31, 2026 | Aug 31, 2026 | Sep 01, 2026 | $0.1055 |
| Jul 31, 2026 | Jul 31, 2026 | Aug 03, 2026 | $0.1280 |
| Jun 30, 2026 | Jun 30, 2026 | Jul 01, 2026 | $0.1566 |
| May 29, 2026 | May 29, 2026 | Jun 01, 2026 | $0.1469 |
| Apr 30, 2026 | Apr 30, 2026 | May 01, 2026 | $0.1565 |
| Mar 31, 2026 | Mar 31, 2026 | Apr 01, 2026 | $0.1712 |
| Feb 27, 2026 | Feb 27, 2026 | Mar 02, 2026 | $0.1480 |
| Jan 30, 2026 | Jan 30, 2026 | Feb 02, 2026 | $0.1637 |
| Dec 31, 2025 | Dec 31, 2025 | Jan 02, 2026 | $0.2031 |
| Nov 28, 2025 | Nov 28, 2025 | Dec 01, 2025 | $0.1502 |
| Oct 31, 2025 | Oct 31, 2025 | Nov 03, 2025 | $0.1716 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 10.14% / — | Sharpe 1Y / 3Y | -0.404 / — |
| Max drawdown 1Y / 3Y | -6.39% / — | Sortino 1Y | -0.583 |
| Beta vs S&P 500 (3Y) | 0.172 | Correlation vs S&P 500 (1Y) | 0.358 |
| Downside deviation 1Y | 7.03% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 10, 2026. Formulas →
Liquidity
| Volume today | 884 | Average volume | 3.72K |
| AUM | $21.2M | Premium/Discount | -0.17% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $21.2M → $21.2M |
| 1 Month | $107.8K | +0.50% | $21.6M → $21.2M |
| 1 Week | -$100.9K | -0.47% | $21.3M → $21.2M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for PCHI
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.