Polen Euro High Yield Bond ETF (PCEB)

Polen Euro High Yield Bond ETF (PCEB) is an actively managed exchange-traded fund from Polen Capital. The fund invests primarily in high yield bonds issued by European companies or denominated in euros and other European currencies.

High yield bonds are rated below investment grade and pay higher coupons to compensate for greater credit risk. Polen's credit team selects individual issuers through bottom-up fundamental analysis, focusing on balance sheet strength and the ability to service debt. The fund's returns may be influenced by movements in European currencies against the U.S. dollar, depending on its hedging approach.

Polen Capital is an investment manager based in Boca Raton, Florida, known for its concentrated, research-driven approach, and it offers equity and credit strategies through mutual funds, separate accounts and ETFs.