# EDGAR Filing Document

**Accession Number:** 0001965985
**File Stem:** 0000940400-26-025259
**Filing Date:** 2026-6
**Character Count:** 25481
**Document Hash:** 2d3190085306de78f6843e55c2d5a641
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-025259.hdr.sgml**: 20260624

**ACCESSION NUMBER**: 0000940400-26-025259

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260624

**DATE AS OF CHANGE**: 20260624

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Polen Credit Opportunities Fund
- **CENTRAL INDEX KEY:** 0001965985

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23860
- **FILM NUMBER:** 261115662

**BUSINESS ADDRESS:**
- **STREET 1:** 103 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 856-528-3500

**MAIL ADDRESS:**
- **STREET 1:** 103 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Polen Credit Opportunities Fund

- **b. Investment Company Act file number:** 811-23860

- **c. CIK number of Registrant:** 0001965985

- **d. LEI of Registrant:** 5493000LTXEFG2UB7P54

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 103 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 856-528-3500

**Item A.2. Information about the Series.**

- **a. Name of Series:** Polen Credit Opportunities Fund

- **c. LEI of Series:** 5493000LTXEFG2UB7P54

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $36488949.00

**Total Liabilities:** $670386.70

**Net Assets:** $35818562.30

**Cash Not Reported:** $245240.66

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 57.78617000 | **1-Year:** 2634.22355000 | **5-Year:** 4027.75090000 | **10-Year:** 4.86518000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | -1.96%               | -0.38%               | 1.73%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4384.41                 | $-1071827.78                               |
| Month 2  | $-10786.49               | $-485507.38                                |
| Month 3  | $-1310848.95             | $1634758.80                                |

### Schedule of Portfolio Investments

| Name                                                                    | Title                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SPECIALTY STL HOLDCO INC SR PIK ACR NT 33                               | SPECIALTY STL HOLDCO INC SR PIK ACR NT 33                   | CUSIP: 84752HAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    990000 | PA      | $990000.00    | 2.76%             | 2033-11-15      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| JACOBS ENTERTAINMENT INC                                                | JACENT 6.75 02/15/29 144a                                   | CUSIP: 469815AK0<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |    320000 | PA      | $313600.00    | 0.88%             | 2029-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Utex                                                                    | Utex                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2718 | NS      | $164547.72    | 0.46%             |  |  |  | No            |                  3 | On Loan: No      |
| Asurion LLC                                                             | Asurion Second-lien Term Loan 525 2029-01-01                | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    658101 | PA      | $659641.44    | 1.84%             | 2029-01-20      | Floating      | 9.02%                 | No            |                  2 | On Loan: No      |
| WestStar Tranche B 13 PIK 2030                                          | WestStar Tranche B 13 PIK 2030                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    179188 | PA      | $179188.48    | 0.50%             | 2030-07-25      | Fixed         | 13.00%                | No            |                  3 | On Loan: No      |
| First Eagle Holdings Inc-f/k/a Arnhold and S. Bleicroeder Holdings Inc  | FRSEAG L 08/16/32 2                                         | CUSIP: 32009UAE7<br>LEI: 549300ZKYR56QRODD510 | Long             | LON              | CORP              | US        |    189583 | PA      | $188978.57    | 0.53%             | 2032-08-16      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| DOMINION DIAMOND MINES ULC                                              | NORACQ 7.125 11/01/22 144A                                  | CUSIP: 66727WAA0<br>LEI: 549300514YCQANUHXW83 | Long             | DBT              | CORP              | CA        |    402000 | PA      | $0.00         | 0.00%             | 2022-11-01      | Fixed         | 7.12%                 | No            |                  3 | On Loan: No      |
| BURGUNDY DIAMOND MINES LTD                                              | BURGUNDY DIAMOND MINES LTD NPV                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    242800 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| REALTRUCK GROUP INC                                                     | TRUK 6.25 07/31/31 144A                                     | CUSIP: 75603CAA4<br>LEI: 54930007KT5CX7XNSD31 | Long             | DBT              | CORP              | US        |   1981350 | PA      | $822260.25    | 2.30%             | 2031-07-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                                           | CRWV 9 02/01/31 144A                                        | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    220000 | PA      | $218151.57    | 0.61%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Sterling Entertainment Enterprises, LLC                                 | Sterling Entertainment Enterprises, LLC                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1267314 | PA      | $126.73       | 0.00%             | 2027-04-10      | Floating      | 17.75%                | Yes           |                  3 | On Loan: No      |
| FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE COMPANY INC | FRTITA 6.75 01/15/30 144A                                   | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1360000 | PA      | $1314441.77   | 3.67%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Arctic Canadian Diamond Company Ltd                                     | ARCTIC CANADIAN DIAMOND 2nd Lien T/L                        | CUSIP: 039669AA4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     97050 | PA      | $9704.99      | 0.03%             | 2026-06-30      | Fixed         | 4.31%                 | No            |                  3 | On Loan: No      |
| IPS/CP Iris Holdco                                                      | CP IRIS HOLDCO I INC                                        | CUSIP: 000000000<br>LEI: 25490024F0AS5UR7DB02 | Long             | LON              | CORP              | US        |   1020000 | PA      | $999600.00    | 2.79%             | 2033-10-27      | Floating      | 10.65%                | No            |                  2 | On Loan: No      |
| Polished Metals Limited LLC                                             | Polished Metals Limited LLC                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1890000 | PA      | $1890000.00   | 5.28%             | 2031-03-31      | Fixed         | 9.00%                 | No            |                  3 | On Loan: No      |
| HUB INTERNATIONAL LTD                                                   | HBGCN 7.375 01/31/32 144A                                   | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    410000 | PA      | $419962.38    | 1.17%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Altar Bidco Inc                                                         | Altar Bidco Inc                                             | CUSIP: 02090CAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    730000 | PA      | $682550.00    | 1.91%             | 2030-02-01      | Floating      | 9.11%                 | No            |                  2 | On Loan: No      |
| Learning Care Group P/S                                                 | Learning Care Group P/S                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       397 | NS      | $749139.00    | 2.09%             |  |  |  | No            |                  3 | On Loan: No      |
| ATHENAHEALTH GROUP INC                                                  | ATHENA 6.5 02/15/30 144A                                    | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |    800000 | PA      | $762660.58    | 2.13%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BBAM US CLO III LTD                                                     | BBAM 2023-3A DR                                             | CUSIP: 054972AE4<br>LEI: 54930064Z7YZMOXBC128 | Long             | ABS-CBDO         | CORP              | KY        |    850000 | PA      | $820459.10    | 2.29%             | 2038-10-15      | Variable      | 8.87%                 | No            |                  2 | On Loan: No      |
| BAFFINLAND IRON MINES CORP                                              | BIMCN 8.75 07/15/26 144A                                    | CUSIP: 056623AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   3189000 | PA      | $2726595.00   | 7.61%             | 2026-07-15      | Fixed         | 8.75%                 | No            |                  3 | On Loan: No      |
| COREWEAVE INC                                                           | CRWV 9.25 06/01/30 144A                                     | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   1240000 | PA      | $1255193.42   | 3.50%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES US FINCO INC                                           | SCGALO 6.625 03/01/30 144A                                  | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $505168.44    | 1.41%             | 2030-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Learning Care Group Warrant                                             | Learning Care Group Warrant                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       117 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| DG Investment Intermediate Holdings 2 Inc                               | DG INVESTMENT INTERMEDI                                     | CUSIP: 23344MAN8<br>LEI: 549300AE79DEGS4AGL59 | Long             | LON              | CORP              | US        |    490000 | PA      | $486325.00    | 1.36%             | 2033-07-29      | Floating      | 9.15%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                                                        | Trinitas CLO XXI Ltd                                        | CUSIP: 89640KAE4<br>LEI: 254900S6ZHFKMFCQD992 | Long             | ABS-CBDO         | CORP              | BM        |    420000 | PA      | $392807.94    | 1.10%             | 2038-04-20      | Floating      | 9.79%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                                         | MADIAQ 5.875 06/30/29 144A                                  | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |    663000 | PA      | $661213.08    | 1.85%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EyeCare Partners LLC                                                    | EYECARE PARTNERS LLC                                        | CUSIP: 30233PAR1<br>LEI: 254900ZAACWK09RJ8W93 | Long             | LON              | CORP              | US        |     67790 | PA      | $11354.75     | 0.03%             | 2028-11-30      | Floating      | 10.48%                | No            |                  2 | On Loan: No      |
| BALBOA BAY LOAN FUNDING 2023-1 LTD                                      | BOBA 2023-1A ERR                                            | CUSIP: 05766HAF2<br>LEI: 549300M8J7UGFY6KJG66 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $971786.00    | 2.71%             | 2036-04-20      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| Engineered Machinery Holdings Inc                                       | Duravant Second-lien Term Loan (Incremental) 600 2029-05-01 | CUSIP: 26658NAQ2<br>LEI: 5493008AR0NPSLW8EW07 | Long             | LON              | CORP              | US        |    448175 | PA      | $447897.26    | 1.25%             | 2029-05-21      | Floating      | 9.96%                 | No            |                  2 | On Loan: No      |
| WestStar Tranche A FRN 2030                                             | WestStar Tranche A FRN 2030                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    596492 | PA      | $596492.50    | 1.67%             | 2030-07-25      | Floating      | 10.80%                | No            |                  3 | On Loan: No      |
| Aruba Investments Holdings LLC                                          | ANGUS Chemical Second-lien Term Loan 775 2028-10-17         | CUSIP: 04317JAF5<br>LEI: 254900GMIYFF4FZ0A357 | Long             | LON              | CORP              | US        |   2150000 | PA      | $1677000.00   | 4.68%             | 2028-11-24      | Floating      | 11.52%                | No            |                  2 | On Loan: No      |
| DEXKO GLOBAL INC                                                        | DEXAXL 7.5 04/15/32 144A                                    | CUSIP: 252142AB0<br>LEI: 549300SMZ4OV1KBH1M19 | Long             | DBT              | CORP              | US        |   2116650 | PA      | $1901174.61   | 5.31%             | 2032-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| First Eagle Holdings Inc-f/k/a Arnhold and S. Bleicroeder Holdings Inc  | First Eagle Holdings Term Loan B 350 2032-05-25             | CUSIP: 32009UAD9<br>LEI: 549300ZKYR56QRODD510 | Long             | LON              | CORP              | US        |   1107641 | PA      | $1104107.25   | 3.08%             | 2032-08-16      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC                                                  | MORTON 6.625 05/01/29 144A                                  | CUSIP: 78433BAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    660000 | PA      | $655122.60    | 1.83%             | 2029-05-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Saothair T. Bailey Acquisition. LLC                                     | Saothair T. Bailey Acquisition. LLC                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    572166 | PA      | $572165.87    | 1.60%             | 2029-12-16      | Floating      | 10.69%                | No            |                  3 | On Loan: No      |
| MCGRAW-HILL EDUCATION INC                                               | MHED 8 08/01/29 144A                                        | CUSIP: 57767XAB6<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40005.96     | 0.11%             | 2029-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I LP / HILCORP FINANCE CO                                | HILCRP 7.25 02/15/35 144A                                   | CUSIP: 431318BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $213849.72    | 0.60%             | 2035-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| RLG Holdings LLC                                                        | RLG HOLDINGS LLC                                            | CUSIP: 74970AAF5<br>LEI: 254900Y6CDN3X5BPSO77 | Long             | LON              | CORP              | US        |    454443 | PA      | $110579.73    | 0.31%             | 2029-07-06      | Floating      | 11.43%                | No            |                  2 | On Loan: No      |
| ARCTIC CMN                                                              | ARCTIC CMN                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       134 | NS      | $5762.00      | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| Specialty Steel Holdings Inc                                            | Specialty Steel Holdings Inc                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         6 | NS      | $610623.65    | 1.70%             |  |  |  | No            |                  3 | On Loan: No      |
| GB AIT BUYER INC                                                        | AITWOR 8.75 04/30/34 144A                                   | CUSIP: 36147AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $190619.21    | 0.53%             | 2034-04-30      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Infinite Bidco LLC                                                      | Infinite Electronics Second-lien Term Loan 700 2029-02-07   | CUSIP: 45674KAF2<br>LEI: 549300GLV0VRADA9LI65 | Long             | LON              | CORP              | US        |    474202 | PA      | $450491.79    | 1.26%             | 2029-03-02      | Floating      | 10.93%                | No            |                  2 | On Loan: No      |
| Colca Capital Sr Sec 2028                                               | Colca Capital Sr Sec 2028                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |    840000 | PA      | $840000.00    | 2.35%             | 2030-05-23      | Floating      | 15.50%                | No            |                  3 | On Loan: No      |
| CVET Midco 2 LP                                                         | Covetrus Inc First-lien Term Loan 500 2029-09-04            | CUSIP: 22304EAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1922876 | PA      | $1809907.09   | 5.05%             | 2029-10-13      | Floating      | 8.70%                 | No            |                  2 | On Loan: No      |
| EyeCare Partners LLC                                                    | EYEPAR L 11/30/28 2                                         | CUSIP: 30233PAT7<br>LEI: 254900ZAACWK09RJ8W93 | Long             | LON              | CORP              | US        |    818413 | PA      | $361468.49    | 1.01%             | 2028-11-30      | Floating      | 8.34%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                                            | MH Sub I LLC                                                | CUSIP: 55303BAD5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |   1849974 | PA      | $1464180.49   | 4.09%             | 2029-02-23      | Floating      | 9.90%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                                                  | RR 26 Ltd                                                   | CUSIP: 74989RAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $977241.00    | 2.73%             | 2038-04-15      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| LaserShip Inc                                                           | Lasership Inc.                                              | CUSIP: 51809EAQ8<br>LEI: 254900NGHREGOQUFUT53 | Long             | LON              | CORP              | US        |    734075 | PA      | $176787.30    | 0.49%             | 2029-08-10      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Plastic Partitions Buyer 1st Lien T/L                                   | Plastic Partitions Buyer 1st Lien T/L                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1457680 | PA      | $1457680.00   | 4.07%             | 2030-12-20      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| PENN ENTERTAINMENT INC                                                  | PENN 6.75 04/01/31 144A                                     | CUSIP: 707569AY5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $743348.63    | 2.08%             | 2031-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-24

**Name of Applicant:** Polen Credit Opportunities Fund

**Signature:** Christine S. Catanzaro

**Name of Signer:** Christine S. Catanzaro

**Title:** Treasurer and Chief Financial Officer