Polen Growth Fund

FundVantage Trust · 2 share classes

Actively managed U.S. equity fund
One fund, 2 share classes:POLRXPOLIX
$2.17B NAV
27 positions · as of 2026-04-30 · filed 2026-06-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Polen Growth Fund is an actively managed U.S. equity fund. 35% of POLRX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 90% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Non-diversified

Fund profile

As filed in the prospectus · 2025 Q3

Polen Growth Fund (the Fund) seeks to achieve long-term growth of capital.

Strategy · summarised

The fund invests in a focused portfolio of large-capitalization common stocks (over $10 billion market cap) selected for sustainable competitive advantage, strong return on capital, earnings growth, and shareholder-oriented management; it may also hold medium-cap stocks (over $2 billion) when they represent particularly attractive opportunities. The fund is non-diversified, meaning a significant portion of assets may be invested in a single or small number of companies or sectors. Because the fund concentrates its holdings in a limited number of issuers, performance depends heavily on the success of those particular securities.

Expenses
0.97% 1.22%across 2 share classes
Share classExpense ratio
POLRX1.22%
POLIX0.97%

Portfolio turnover 37.00% · as of 2025 Q3

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.65%
of net assets
Stocks97.95%
Cash & short-term2.69%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology38.3%
Financials15.6%
Health Care13.1%
Consumer Discretionary12.0%
5 smaller21.0%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
35%of stock holdings in top-quartile growers
covering 90% of the fund’s equity
Earnings growth
46%of stock holdings in top-quartile growers
covering 86% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 4 new5 exited

New: VANGUARD SCOTTSDALE FUNDS, LRCX, META, ROL

Exited: CSGP, INTU, ADBE, BSX, PAYC

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
-0.41%+30.73%+3.43%16.72%-20.43%
-0.13%+31.75%+4.81%16.73%-20.35%

These classes hold the same portfolio, so the 1.37pp spread over 5 years is the cost difference between them — roughly 0.27pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
BROADCOM INCAVGO7.53%$163.57M
MICROSOFT CORPMSFT7.16%$155.59M
ALPHABET INCGOOG6.57%$142.88M
AMAZON.COM INCAMZN6.26%$136.13M
ORACLE CORPORCL5.61%$121.84M
ELI LILLY & COMPANYLLY5.48%$119.13M
NVIDIA CORPNVDA5.00%$108.75M
VISA INCV4.73%$102.85M
MASTERCARD INCMA4.68%$101.66M
SHOPIFY INCSHOP4.59%$99.82M
Showing 10 of 27Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 57.61% of net assets, top 25 98.34%, across 27 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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