Fundvantage Trust - Polen High Income ETF

Fundvantage Trust - Polen High Income ETF is an exchange-traded fixed income high yield mutual fund launched by Polen Capital Management. The fund is managed by Polen Capital Credit, LLC. It invests primarily in the fixed income markets of the United States, with limited exposure to Canada. The fund invests in below investment grade high yield fixed income securities including corporate bonds, senior loans, convertible bonds, and preferred stock, with a focus on middle market issuers that are rated B and below by Moody’s, S&P, and Fitch. It invests in securities with varying maturities, typically shorter than broad-based high yield market indices. Polen High Income ETF was formed on March 25, 2025, and is domiciled in the United States.