{
 "ticker": "PCHI",
 "name": "Polen High Income ETF",
 "issuer": "Polen",
 "desk": "core",
 "url": "https://etfiq.com/funds/pchi",
 "html": "https://etfiq.com/funds/pchi",
 "markdown": "https://etfiq.com/funds/pchi.md",
 "as_of": "2026-10-20",
 "verdict": "PCHI is actively managed and returned \u22120.1% over the past year.",
 "lead": "PCHI returned \u22120.1% over the year to Oct 20, 2026, charges 0.53% a year and holds $21m in net assets on Jul 31, 2026.",
 "category": {
  "id": "bonds",
  "name": "Bonds",
  "label": "Bond ETFs",
  "url": "https://etfiq.com/bonds/",
  "group": {
   "id": "taxable-bonds",
   "name": "Taxable bonds"
  },
  "segment": {
   "id": "high-yield",
   "name": "High yield",
   "url": "https://etfiq.com/bonds/high-yield/"
  },
  "status": "classified",
  "as_of": "2026-10-21",
  "method": "https://etfiq.com/methodology/categories"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u22120.1%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-20",
   "sentence": "PCHI, total return, 1 year: \u22120.1%, as of Oct 20, 2026.",
   "cite": {
    "value": "\u22120.1%",
    "as_of": "2026-10-20",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/pchi#fact-total-return-1-year",
    "text": "PCHI, total return, 1 year: \u22120.1%, as of Oct 20, 2026."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.53%",
   "source": "485BPOS XBRL, Aug 28, 2026",
   "as_of": "2026-08-28",
   "sentence": "PCHI, expense ratio: 0.53%, as of Aug 28, 2026.",
   "cite": {
    "value": "0.53%",
    "as_of": "2026-08-28",
    "source": "485BPOS XBRL, Aug 28, 2026",
    "url": "https://etfiq.com/funds/pchi#fact-expense-ratio",
    "text": "PCHI, expense ratio: 0.53%, as of Aug 28, 2026."
   }
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "142",
   "source": "its SEC filing (Form N-PORT)",
   "as_of": "2026-07-31",
   "sentence": "PCHI, holdings: 142, as of Jul 31, 2026.",
   "cite": {
    "value": "142",
    "as_of": "2026-07-31",
    "source": "its SEC filing (Form N-PORT)",
    "url": "https://etfiq.com/funds/pchi#fact-holdings",
    "text": "PCHI, holdings: 142, as of Jul 31, 2026."
   }
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22124.4%",
   "source": "ETFIQ",
   "as_of": "2026-10-20",
   "sentence": "PCHI, below its high: \u22124.4%, as of Oct 20, 2026.",
   "cite": {
    "value": "\u22124.4%",
    "as_of": "2026-10-20",
    "source": "ETFIQ",
    "url": "https://etfiq.com/funds/pchi#fact-below-its-high",
    "text": "PCHI, below its high: \u22124.4%, as of Oct 20, 2026."
   }
  },
  {
   "key": "12_month_yield_capital_gains_included_on_its_starting_price",
   "label": "12-month yield, capital gains included, on its starting price",
   "value": "7.3%",
   "source": "computed by ETFIQ from Tiingo daily prices and distributions",
   "as_of": "2026-10-20",
   "sentence": "PCHI, 12-month yield, capital gains included, on its starting price: 7.3%, as of Oct 20, 2026.",
   "cite": {
    "value": "7.3%",
    "as_of": "2026-10-20",
    "source": "computed by ETFIQ from Tiingo daily prices and distributions",
    "url": "https://etfiq.com/funds/pchi#fact-12-month-yield-capital-gains-included-on-its-starting-price",
    "text": "PCHI, 12-month yield, capital gains included, on its starting price: 7.3%, as of Oct 20, 2026."
   }
  },
  {
   "key": "last_payment",
   "label": "Last payment (paid monthly), ex-date Sep 30, 2026",
   "value": "$0.1437",
   "source": "Tiingo end-of-day distributions",
   "as_of": "2026-09-30",
   "sentence": "PCHI, last payment (paid monthly), ex-date Sep 30, 2026: $0.1437, as of Sep 30, 2026.",
   "cite": {
    "value": "$0.1437",
    "as_of": "2026-09-30",
    "source": "Tiingo end-of-day distributions",
    "url": "https://etfiq.com/funds/pchi#fact-last-payment",
    "text": "PCHI, last payment (paid monthly), ex-date Sep 30, 2026: $0.1437, as of Sep 30, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$21m",
   "source": "SEC filing, whole fund, as filed for Jul 31, 2026",
   "as_of": "2026-07-31",
   "sentence": "PCHI, net assets: $21m (SEC filing, whole fund, as filed for Jul 31, 2026).",
   "cite": {
    "value": "$21m",
    "as_of": "2026-07-31",
    "source": "SEC filing, whole fund, as filed for Jul 31, 2026",
    "url": "https://etfiq.com/funds/pchi#fact-net-assets",
    "text": "PCHI, net assets: $21m (SEC filing, whole fund, as filed for Jul 31, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "what_it_tracks",
   "label": "What it tracks",
   "value": "No index, actively managed",
   "source": null
  },
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Bond fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Bonds \u00b7 High yield",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.53%",
   "source": "485BPOS XBRL, Aug 28, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$23.43",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Mar 25, 2025",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$21m",
   "source": "SEC filing, whole fund, as filed for Jul 31, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "ICE BofA U.S. High Yield Index, measured by SPHY, which tracks the same index",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "benchmark_named_in",
   "label": "Benchmark named in",
   "value": "its shareholder report, N-CSR, Jul 9, 2026",
   "source": null
  },
  {
   "key": "pchi_1_year_to_oct_20_2026",
   "label": "PCHI, 1 year to Oct 20, 2026",
   "value": "\u22120.05%",
   "source": null
  },
  {
   "key": "sphy_the_same_days",
   "label": "SPHY, the same days",
   "value": "+1.15%",
   "source": null
  },
  {
   "key": "against_its_benchmark_1_year",
   "label": "Against its benchmark, 1 year",
   "value": "\u22121.20 pts",
   "source": "ETFIQ"
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22124.4%",
   "source": "ETFIQ"
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "142",
   "source": null
  },
  {
   "key": "top_ten_weight",
   "label": "Top ten weight",
   "value": "17.5%",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jul 31, 2026",
   "source": "SEC N-PORT"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "\u22121.7%",
   "Benchmark (SPHY)": "\u22121.8%",
   "Gap to SPHY": "+0.1 pts"
  },
  {
   "window": "3 months",
   "Total return": "\u22122.4%",
   "Benchmark (SPHY)": "\u22122.1%",
   "Gap to SPHY": "\u22120.4 pts"
  },
  {
   "window": "6 months",
   "Total return": "\u22122.3%",
   "Benchmark (SPHY)": "\u22121.3%",
   "Gap to SPHY": "\u22121.0 pts"
  },
  {
   "window": "Year to date",
   "Total return": "\u22121.0%",
   "Benchmark (SPHY)": "\u22120.1%",
   "Gap to SPHY": "\u22121.0 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u22120.1%",
   "Benchmark (SPHY)": "+1.1%",
   "Gap to SPHY": "\u22121.2 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+4.1%",
   "Benchmark (SPHY)": "+6.6%",
   "Gap to SPHY": "\u22122.6 pts"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "+2.6%",
   "Benchmark (SPHY)": "\u2013",
   "Gap to SPHY": "\u2013"
  }
 ],
 "questions": [
  {
   "q": "How has PCHI performed?",
   "a": "Over the year to Oct 20, 2026, PCHI returned \u22120.1% with distributions reinvested, against +1.1% for its benchmark, the ICE BofA U.S. High Yield Index."
  },
  {
   "q": "What does PCHI cost?",
   "a": "The prospectus expense ratio is 0.53% a year."
  },
  {
   "q": "How far is PCHI below its high?",
   "a": "4.4% below its high of Jul 10, 2026, measured on the reinvested series to Oct 20, 2026."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "52-week high, daily closes to Oct 20, 2026",
   "value": "$25.37 on Oct 28, 2025",
   "as_of": "2025-10-28",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 25.3705,
   "window": {
    "from": "2025-10-21",
    "to": "2026-10-20"
   }
  },
  {
   "key": "low52",
   "label": "52-week low, daily closes to Oct 20, 2026",
   "value": "$23.13 on Jun 26, 2026",
   "as_of": "2026-06-26",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 23.1281,
   "window": {
    "from": "2025-10-21",
    "to": "2026-10-20"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Oct 20, 2026, within that range",
   "value": "$23.43, 14% of the way from the low to the high",
   "as_of": "2026-10-20",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 23.435
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "142",
   "as_of": "2026-10-20",
   "source": null
  },
  {
   "key": "top10",
   "label": "Top ten weight",
   "value": "17.5%",
   "as_of": "2026-10-20",
   "source": null
  }
 ],
 "flows": {
  "as_of": "2026-07-31",
  "coverage": "monthly",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/pchi.json",
  "windows": [],
  "latest_month": {
   "month": "2026-07",
   "net_flow_usd": 1952025,
   "net_flow": "+$2.0m",
   "source": "SEC Form N-PORT"
  }
 },
 "generated": "2026-10-21",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, PCHI, bond fund, data as of Oct 20, 2026. https://etfiq.com/funds/pchi"
}