About Polen High Income ETF (PCHI) — Dividend Analysis 2026
PCHI provides segmented exposure to the North American fixed income market with the intention to exceed the performance of the broader high yield market over a credit cycle. It aims to deliver overall total return through investments in fixed- and floating-rate high yield debt securities of middle market issuers in the US and, partially, in Canada. These below investment-grade securities may be corporate bonds, senior loans, convertible bonds, and preferred stock that are believed to be undervalued. The fund utilizes value investing with the intention of balancing the risks with the potential reward of discounted securities. It mainly follows a bottom-up investment approach, emphasizing downside protection, with the aim of adding value initially through security selection. The fund will not focus on maturity and duration but expects to hold securities with shorter maturity and duration than broad-based high yield market indices. The portfolio will typically include 60 to 150 bonds.
Is PCHI a good dividend investment in 2026?
PCHI offers a 7.02% forward yield with a 50% payout ratio. Strand Safety Score: N/A. The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
PCHI DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your PCHI portfolio grows to $19.7K vs $17.0K without reinvestment. This is the compound interest effect in action.
PCHI dividend growth history & forecast
PCHI has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 7.02%.
ETFs do not file income statements or cash flow statements. Their dividend safety depends on the underlying index quality, fund methodology, and holdings composition. Use the Holdings page to analyze individual stocks in this fund.
🌍 PCHI Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold PCHI.
Gross yield
7.02%
Tax rate
15.00%
After-tax yield
5.97%
Real yield (−CPI)
3.17%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
7.02%
4.22%
$702 / yr
🇺🇸 US Taxable (15%) ✓
15%
5.97%
3.17%
$597 / yr
🇺🇸 US Taxable (20%)
20%
5.62%
2.82%
$562 / yr
🇬🇧 UK ISA
0%
7.02%
4.22%
$702 / yr
🇬🇧 UK Taxable
8.75%
6.41%
3.61%
$641 / yr
🇨🇦 TFSA
0%
7.02%
4.22%
$702 / yr
🇨🇦 CA Taxable
25%
5.26%
2.46%
$527 / yr
🇦🇺 Super (pension)
15%
5.97%
3.17%
$597 / yr
🇦🇺 AU Taxable
30%
4.91%
2.11%
$491 / yr
🇩🇪 DE Taxable
26.375%
5.17%
2.37%
$517 / yr
🇫🇷 FR Taxable
30%
4.91%
2.11%
$491 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 PCHI Income Goal & Break-Even
Dividend Break-Even
17yr
Years for dividends to fully repay your PCHI investment of $24.47/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$7.9K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$5.4K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in PCHI for:
Shares needed
16,441
Capital required
$402,311
Monthly income
$2,000
Based on current dividend of $1.72/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 PCHI Dividend Payment Schedule
PCHI pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$3.65 / payment
$14.60 / year after tax
100 shares
$36.49 / payment
$145.98 / year after tax
1,000 shares
$364.95 / payment
$1459.78 / year after tax
📊 PCHI vs Financial Services Benchmarks
How PCHI compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+4.12% vs sectorBetter
PCHI
7.02%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
PCHI
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
PCHI
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for PCHI sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ PCHI Insider Activity
No recent SEC filings reported in the last 90 days.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the PCHI dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →