Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.72% 9.955M -- 96.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
748939.0 2.13% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks to achieve overall total return consisting of a high level of current income together with long-term capital appreciation. The Fund will pursue its investment objective by seeking to outperform, after taking into account fees and expenses, the broader bank loan market over a complete credit cycle.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Loan Participation Funds
Peer Group Loan Participation Funds
Global Macro Loan Participation Funds
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Loan Participation Funds
Fund Owner Firm Name Polen Capital
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 18
-190.75M Peer Group Low
490.64M Peer Group High
1 Year
% Rank: 28
748939.0
-3.096B Peer Group Low
8.623B Peer Group High
3 Months
% Rank: 17
-582.83M Peer Group Low
1.235B Peer Group High
3 Years
% Rank: 23
-3.827B Peer Group Low
21.48B Peer Group High
6 Months
% Rank: 21
-684.05M Peer Group Low
3.764B Peer Group High
5 Years
% Rank: 47
-2.475B Peer Group Low
23.14B Peer Group High
YTD
% Rank: 26
-3.255B Peer Group Low
7.670B Peer Group High
10 Years
% Rank: 39
-13.06B Peer Group Low
23.62B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
--
--
--
--
1.27%
15.45%
8.88%
1.50%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
6.94%
0.38%
8.79%
2.81%
5.26%
-0.16%
12.93%
9.74%
6.76%
-0.71%
9.27%
-1.51%
3.30%
-2.10%
11.44%
9.26%
6.46%
0.02%
8.69%
1.83%
4.76%
-0.55%
12.31%
8.99%
6.03%
-0.78%
8.70%
3.99%
4.63%
-1.56%
12.82%
9.11%
5.88%
As of December 07, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-5-25) 10.20%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 76
Bond
Yield to Maturity (7-31-25) 8.37%
Effective Duration --
Average Coupon 7.62%
Calculated Average Quality 6.412
Effective Maturity 4.439
Nominal Maturity 4.497
Number of Bond Holdings 73
As of July 31, 2025

Asset Allocation

As of July 31, 2025.
Type % Net
Cash 3.11%
Stock 0.00%
Bond 102.2%
Convertible 0.00%
Preferred 0.00%
Other -5.28%
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Top 10 Holdings

Name % Weight Price % Change
Dreyfus Treasury Obligations Cash Management Inst 5.29% 1.00 0.00%
Ten-X LLC 26-MAY-2028
3.37% -- --
Baffinland Iron Mines Corporation BAFFIRO 8.75 07/15/2026 FIX USD Corporate 144A 2.91% 88.48 0.04%
Asurion LLC 30-JAN-2029
2.76% -- --
Kaseya Inc FRN
2.73% -- --
Covetrus Inc 13-OCT-2029
2.64% -- --
Eyecare Partners LLC FRN 30-Nov-2028
2.57% -- --
Performance Health Co II LLC 28-FEB-2032
2.54% -- --
Altar Bidco Inc 01-FEB-2030
2.46% -- --
Engineered Machinery Holdings Inc FRN 21-May-2029
2.41% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.49%
Administration Fee 3.09K%
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 100000.0 None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks to achieve overall total return consisting of a high level of current income together with long-term capital appreciation. The Fund will pursue its investment objective by seeking to outperform, after taking into account fees and expenses, the broader bank loan market over a complete credit cycle.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Loan Participation Funds
Peer Group Loan Participation Funds
Global Macro Loan Participation Funds
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Loan Participation Funds
Fund Owner Firm Name Polen Capital
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-5-25) 10.20%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 76
Bond
Yield to Maturity (7-31-25) 8.37%
Effective Duration --
Average Coupon 7.62%
Calculated Average Quality 6.412
Effective Maturity 4.439
Nominal Maturity 4.497
Number of Bond Holdings 73
As of July 31, 2025

Fund Details

Key Dates
Inception Date 6/30/2022
Last Annual Report Date 4/30/2025
Last Prospectus Date 3/4/2025
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:PCFI", "name")
Broad Asset Class: =YCI("M:PCFI", "broad_asset_class")
Broad Category: =YCI("M:PCFI", "broad_category_group")
Prospectus Objective: =YCI("M:PCFI", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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