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      <invstOrSec>
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        <lei>N/A</lei>
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        <name>Utex</name>
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        <title>Utex</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>WestStar Tranche B 13 PIK 2030</name>
        <lei>N/A</lei>
        <title>WestStar Tranche B 13 PIK 2030</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="BBG01WBZV1R2"/>
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        <curCd>USD</curCd>
        <valUSD>173548.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Asurion LLC</name>
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          <isin value="US04649VBA70"/>
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        <curCd>USD</curCd>
        <valUSD>657074.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2029-01-20</maturityDt>
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      <invstOrSec>
        <name>First Eagle Holdings Inc-f/k/a Arnhold and S. Bleicroeder Holdings Inc</name>
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          <isin value="US32009UAE73"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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      <invstOrSec>
        <name>NORTHWEST ACQ/DOMINION</name>
        <lei>N/A</lei>
        <title>Northwest Acquisitions ULC / Dominion Finco Inc</title>
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          <isin value="US66727WAA09"/>
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      <invstOrSec>
        <name>Burgundy Diamond Mines Ltd</name>
        <lei>N/A</lei>
        <title>Burgundy Diamond Mines Ltd</title>
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          <isin value="AU0000118994"/>
          <ticker value="BDM"/>
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        <invCountry>AU</invCountry>
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      <invstOrSec>
        <name>SPECIALTY STL HOLDCO INC SR PIK ACR NT 33</name>
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        <title>SPECIALTY STL HOLDCO INC SR PIK ACR NT 33</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="84752HAF3"/>
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        <balance>990000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COREWEAVE INC</name>
        <lei>984500511DP2B6186053</lei>
        <title>CoreWeave Inc</title>
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          <isin value="US21873SAC26"/>
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        <curCd>USD</curCd>
        <valUSD>213127.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sterling Entertainment Enterprises, LLC</name>
        <lei>N/A</lei>
        <title>Sterling Entertainment Enterprises, LLC</title>
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          <other otherDesc="INTERNAL" value="BBG01RXJ2SY0"/>
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        <balance>1267314.01000000</balance>
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        <curCd>USD</curCd>
        <valUSD>126.73000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-04-10</maturityDt>
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      <invstOrSec>
        <name>Arctic Canadian Diamond Company Ltd</name>
        <lei>N/A</lei>
        <title>ARCTIC CANADIAN DIAMOND 2nd Lien T/L</title>
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          <other otherDesc="LoanX ID" value="LX192700"/>
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        <assetCat>LON</assetCat>
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        <name>IPS/CP Iris Holdco</name>
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        <name>HUB INTERNATIONAL LTD</name>
        <lei>549300JQT6ATTUNS5E06</lei>
        <title>HUB International Ltd</title>
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        <balance>410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>429499.19000000</valUSD>
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          <maturityDt>2032-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Altar Bidco Inc</name>
        <lei>N/A</lei>
        <title>Altar Bidco Inc</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-02-01</maturityDt>
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        <name>Learning Care Group P/S</name>
        <lei>N/A</lei>
        <title>Learning Care Group P/S</title>
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        <balance>397.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>ATHENAHEALTH GROUP INC</name>
        <lei>254900AA3KZN4Q7A5Z33</lei>
        <title>AthenaHealth Group Inc</title>
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        <name>BAFFINLAND IRON CORP/LP</name>
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        <name>COREWEAVE INC</name>
        <lei>984500511DP2B6186053</lei>
        <title>CoreWeave Inc</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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        <name>BBAM US CLO LTD.</name>
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        <name>Learning Care Group Warrant</name>
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        <name>DG Investment Intermediate Holdings 2 Inc</name>
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        <name>Trinitas CLO Ltd</name>
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        <name>MADISON IAQ LLC</name>
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        <name>MajorDrive Holdings IV LLC</name>
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        <name>Balboa Bay Loan Funding Ltd</name>
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        <name>EyeCare Partners LLC</name>
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        <name>Polished Metals Limited Note</name>
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        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2027-04-14</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>RLG Holdings LLC</name>
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          <isin value="US74970AAF57"/>
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        <curCd>USD</curCd>
        <valUSD>110579.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-06</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARCTIC CMN</name>
        <lei>N/A</lei>
        <title>ARCTIC CMN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="ARCTIC"/>
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        <balance>134.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6700.00000000</valUSD>
        <pctVal>0.017600565856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Specialty Steel Holdings Inc</name>
        <lei>N/A</lei>
        <title>Specialty Steel Holdings Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="000SSWI05"/>
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        <balance>5.59000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>671006.83000000</valUSD>
        <pctVal>1.762701477837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Infinite Bidco LLC</name>
        <lei>549300GLV0VRADA9LI65</lei>
        <title>Infinite Bidco LLC</title>
        <cusip>45674KAF2</cusip>
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          <isin value="US45674KAF21"/>
          <other otherDesc="LoanX ID" value="LX192661"/>
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        <balance>474201.88000000</balance>
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        <curCd>USD</curCd>
        <valUSD>449012.28000000</valUSD>
        <pctVal>1.179532866339</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.92845000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REAL HERO MERGER SUB 2</name>
        <lei>N/A</lei>
        <title>Real Hero Merger Sub 2 Inc</title>
        <cusip>75602BAA7</cusip>
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          <isin value="US75602BAA70"/>
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        <balance>2331000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1149928.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colca Capital Sr Sec 2028</name>
        <lei>N/A</lei>
        <title>Colca Capital Sr Sec 2028</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="BBG01V4XQWQ6"/>
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        <balance>840000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>840000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2030-05-23</maturityDt>
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      <invstOrSec>
        <name>EyeCare Partners LLC</name>
        <lei>254900ZAACWK09RJ8W93</lei>
        <title>EYECARE PARTNERS LLC</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.34020000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MH Sub I LLC</name>
        <lei>2549005VFKP807SR8N49</lei>
        <title>MH Sub I LLC</title>
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          <isin value="US55303BAD55"/>
          <other otherDesc="LoanX ID" value="LX192714"/>
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        <balance>1849974.09000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1591865.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.09038000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SC GAMES HOLDIN/US FINCO</name>
        <lei>N/A</lei>
        <title>Scientific Games Holdings LP/Scientific Games US FinCo Inc</title>
        <cusip>80874DAA4</cusip>
        <identifiers>
          <isin value="US80874DAA46"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>547010.40000000</valUSD>
        <pctVal>1.436969040199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Eagle Holdings Inc-f/k/a Arnhold and S. Bleicroeder Holdings Inc</name>
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        <title>GC FERRY ACQUISITION I</title>
        <cusip>32009UAD9</cusip>
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          <isin value="US32009UAD90"/>
          <other otherDesc="LoanX ID" value="LX264098"/>
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        <curCd>USD</curCd>
        <valUSD>1100012.06000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Floating</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CVET Midco 2 LP</name>
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          <other otherDesc="LoanX ID" value="LX207942"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>RR Ltd</name>
        <lei>N/A</lei>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>990475.00000000</valUSD>
        <pctVal>2.601928427854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.07219000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-03-25</ncom:dateSigned>
      <ncom:nameOfApplicant>Polen Credit Opportunities Fund</ncom:nameOfApplicant>
      <ncom:signature>Christine S. Catanzaro</ncom:signature>
      <ncom:signerName>Christine S. Catanzaro</ncom:signerName>
      <ncom:title>Treasurer and Chief Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
