Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Polen Opportunistic High Yield - Inv DDJRX
- NAV / 1-Day Return 7.27 / +0.14 %
- Total Assets 315.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.140%
- Distribution Fee Level High
- Share Class Type No Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 3,000
- Status Open
- TTM Yield 8.00%
- Effective Duration 1.63 years
USD | NAV as of May 08, 2024 | 1-Day Return as of May 08, 2024, 12:32 AM GMT+0
Morningstar’s Analysis DDJRX
Will DDJRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 27.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Century Aluminum Company 7.5% | 3.95 | 12.0 Mil | Corporate |
Baffinland Iron Mines Corporation and Baffinland Iron Mines LP | 3.27 | 9.9 Mil | Corporate |
NFP Corp. 6.875% | 3.15 | 9.6 Mil | Corporate |
Titan Acquisition Limited / Titan Co-Borrower LLC 7.75% | 2.79 | 8.5 Mil | Corporate |
HUB International Ltd. 7.375% | 2.61 | 7.9 Mil | Corporate |
Raising Canes Restaurants LLC | 2.52 | 7.7 Mil | Corporate |
Tenet Healthcare Corporation 6.125% | 2.46 | 7.5 Mil | Corporate |
AssuredPartners Inc 7% | 2.42 | 7.4 Mil | Corporate |
Dornoch Debt Merger Subordinated Inc. 6.625% | 2.42 | 7.3 Mil | Corporate |
Clear Channel Outdoors Tl B 1l | 2.19 | 6.6 Mil | Corporate |