# Polen Growth Fund Institutional Class (POLIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/polix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 2010-09-16 This fund primarily allocates its capital to a concentrated selection of common equities, focusing on sizable corporations. Eligible companies typically possess market valuations exceeding $5 billion at the point of acquisition and, in the judgment of the investment adviser, exhibit durable competitive advantages. Although the fund is constrained from dedicating 25% or more of its net assets to any single industry, it retains the discretion to emphasize investments in specific economic sectors or market segments periodically. This investment vehicle is classified as non-diversified. ## Key Facts | Metric | Value | |---|---| | Price | $32.89 | | Expense Ratio | 0.97% | | Assets Under Management | $3.15B | | NAV | $32.89 | | Holdings Count | — | | Distribution Yield (TTM) | 39.52% | | Annual Distribution (TTM) | $13.00 /share | | Distribution Frequency | Annual | | 52-Week Range | $28.42 – $50.93 | | Beta | 1.11 | ## Latest Distribution - Amount: $12.9966 /share - Ex-date: 2025-12-03 - Pay date: 2025-12-03 ## Frequently Asked Questions ### What does POLIX invest in? This fund primarily allocates its capital to a concentrated selection of common equities, focusing on sizable corporations. Eligible companies typically possess market valuations exceeding $5 billion at the point of acquisition and, in the judgment of the investment adviser, exhibit durable competitive advantages. Although the fund is constrained from dedicating 25% or more of its net assets to any single industry, it retains the discretion to emphasize investments in specific economic sectors or market segments periodically. This investment vehicle is classified as non-diversified. ### What is the expense ratio of POLIX? Polen Growth Fund Institutional Class (POLIX) charges an expense ratio of 0.97%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is POLIX? Polen Growth Fund Institutional Class (POLIX) manages $3.15B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is POLIX actively managed or an index fund? POLIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was POLIX launched? Polen Growth Fund Institutional Class (POLIX) launched in September 2010 and is managed by the fund issuer. ### How has POLIX performed? POLIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does POLIX pay a dividend? Polen Growth Fund Institutional Class (POLIX) currently distributes little or no income. Trailing-twelve-month yield is 39.52%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does POLIX pay dividends? Polen Growth Fund Institutional Class pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is POLIX's dividend yield? POLIX's trailing-twelve-month yield is 39.52%, calculated from the sum of dividends over the past year divided by the current price. ### When is POLIX's next ex-dividend date? The most recently announced ex-dividend date for POLIX was 2025-12-03. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will POLIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.97% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does POLIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from POLIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does POLIX cost more than a fund like VOO? POLIX's strategy (current expense ratio 0.97%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where POLIX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to POLIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as POLIX (0.97%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/polix - Distribution history: https://www.dividenddata.com/funds/polix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/polix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/polix/expenses - Peer comparison: https://www.dividenddata.com/funds/polix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.