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      <invstOrSec>
        <name>GRUBHUB HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>GrubHub Holdings Inc</title>
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        <valUSD>587358.92000000</valUSD>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Asurion LLC</name>
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        <curCd>USD</curCd>
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        <name>LABL Inc</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>NORTHWEST ACQ/DOMINION</name>
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        <name>Burgundy Diamond Mines Ltd</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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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>1182440.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-04-10</maturityDt>
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      <invstOrSec>
        <name>CENTURY ALUMINUM COMPANY</name>
        <lei>549300U5ODNGEYWKSW73</lei>
        <title>Century Aluminum Co</title>
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          <isin value="US156431AN85"/>
          <other otherDesc="SEDOL" value="BKSK2K5"/>
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        <balance>776000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>780062.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Specialty Steel Holdings Inc</name>
        <lei>N/A</lei>
        <title>Specialty Steel Holdings Inc</title>
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          <other otherDesc="INTERNAL" value="84752HAD8"/>
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        <balance>990000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>990000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2026-11-15</maturityDt>
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      <invstOrSec>
        <name>Arctic Canadian Diamond Company Ltd</name>
        <lei>N/A</lei>
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        <name>Utex</name>
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        <title>Utex</title>
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        <name>HUB INTERNATIONAL LTD</name>
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        <curCd>USD</curCd>
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        <name>Altar Bidco Inc</name>
        <lei>N/A</lei>
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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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        <name>Engineered Machinery Holdings Inc</name>
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        <title>Engineered Machinery Holdings Inc</title>
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        <name>SM Wellness Holdings Inc</name>
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        <name>BAFFINLAND IRON CORP/LP</name>
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      <invstOrSec>
        <name>Learning Care Group Warrant</name>
        <lei>N/A</lei>
        <title>Learning Care Group Warrant</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Clear Channel Outdoor Holdings Inc</name>
        <lei>N/A</lei>
        <title>CLEAR CHANNEL OUTDOOR HO</title>
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        <name>Specialty Steel Holdings Inc</name>
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        <name>Nexus Buyer LLC</name>
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        <name>REAL HERO MERGER SUB 2</name>
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        <name>DG Investment Intermediate Holdings 2 Inc</name>
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        <name>SC GAMES HOLDIN/US FINCO</name>
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    <signature>
      <ncom:dateSigned>2025-06-24</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>
</edgarSubmission>
