Polen DDJ Opportunistic High Yield Fund (DDJIX)

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The chart shows the growth of an initial investment of $10,000 in Polen DDJ Opportunistic High Yield Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Polen DDJ Opportunistic High Yield Fund (DDJIX) has returned -1.13% so far this year and 2.00% over the past 12 months. Over the last ten years, DDJIX has returned 3.13% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 4, 2016, DDJIX's average daily return is +0.01%, while the average monthly return is +0.28%. At this rate, your investment would double in approximately 20.7 years.

Historically, 67% of months were positive and 33% were negative. The best month was May 2020 with a return of +4.5%, while the worst month was Mar 2020 at -15.0%. The longest winning streak lasted 18 consecutive months, and the longest losing streak was 6 months.

On a daily basis, DDJIX closed higher 43% of trading days. The best single day was Mar 26, 2020 with a return of +3.2%, while the worst single day was Mar 12, 2020 at -3.2%.

Polen DDJ Opportunistic High Yield Fund has an annualized alpha of 1.78%, beta of 0.12, and R² of 0.21 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.

• This fund participated in 31.31% of S&P 500 Index downside but only 23.55% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.12 may look defensive, but with R² of 0.21 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.21 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

DDJIX has an expense ratio of 0.79%, placing it in the medium range.

DDJIX ranks 14 for risk / return — in the bottom 14% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Polen DDJ Opportunistic High Yield Fund (DDJIX) and compare them to a chosen benchmark (S&P 500 Index).

Polen DDJ Opportunistic High Yield Fund provided a 6.25% dividend yield over the last twelve months, with an annual payout of $0.43 per share.

The table displays the monthly dividend distributions for Polen DDJ Opportunistic High Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Polen DDJ Opportunistic High Yield Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Polen DDJ Opportunistic High Yield Fund was 21.42%, occurring on Mar 23, 2020. Recovery took 176 trading sessions.

The current Polen DDJ Opportunistic High Yield Fund drawdown is 2.66%.

The chart below shows the rolling one-month volatility.