---
ticker: "PCEB"
name: "Polen Euro High Yield Bond ETF"
url: "https://etf.net/etf/PCEB"
grade: "F"
score: 14
graded_at: "2026-10-12"
category: "US High Yield"
category_rank: "82 of 85"
methodology: "https://etf.net/methodology"
---

# PCEB: Polen Euro High Yield Bond ETF

Grade **F**, Score 14 of 100. Rank 82 of 85 in US High Yield.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 8 | 78 of 85 |
| Mission | Not scored | — |
| Risk | 7 | 85 of 85 |
| Tradability | 19 | 81 of 85 |
| Holdings | 46 | 57 of 85 |
| Durability | 7 | 84 of 85 |

## Top holdings

The fund holds 96 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Edp SA 4.75 29MAY54 Frn | 2.28% |
| 2 | — | Fibercop Spa 5.125 30JUN32 | 2.28% |
| 3 | — | Vodafone Group Pl 4.625 12SEP55 Frn | 2.17% |
| 4 | — | Telecom Italia Finance 7.75 24JAN33 | 2.04% |
| 5 | — | Ct Investment Gmbh 6.375 15APR30 | 1.77% |
| 6 | — | Boots Group Finco Lp 5.375 31AUG32 | 1.73% |
| 7 | — | Softbank Group Corp 6.375 22APR30 | 1.73% |
| 8 | — | Czechoslovak Group As 5.25 10JAN31 | 1.72% |
| 9 | — | Cesar Spa 6.5 30SEP31 | 1.71% |
| 10 | — | Banijay Gaming Sas 5.125 10DEC31 | 1.70% |
| 11 | — | Zf Europe Finance Bv 5.5 17FEB32 | 1.70% |
| 12 | — | Teva Pharmaceutical F 4.125 01JUN31 | 1.70% |
| 13 | — | Aegis Lux 1A Sarl 5.625 29OCT31 | 1.70% |
| 14 | — | Nidda Healthcare Hold 5.625 21FEB30 | 1.70% |
| 15 | — | Darling Global Finance 4.5 15JUL32 | 1.68% |
| 16 | — | Iqvia Inc 4.625 15JUN33 | 1.68% |
| 17 | — | Techem Verwaltungsges 4.625 15JUL32 | 1.67% |
| 18 | — | Digi Romania SA 4.625 29OCT31 | 1.67% |
| 19 | — | Alstria Sarl 5.5 20MAR31 | 1.66% |
| 20 | — | Dolcetto Holdco Spa 5.625 14JUL32 | 1.65% |
| 21 | — | SHIFT4 Payments Llc /’s 5.5 15MAY33 | 1.63% |
| 22 | — | Iron Mountain Inc 4.75 15JAN34 | 1.63% |
| 23 | — | Energo - Pro As 8.0 27MAY30 | 1.51% |
| 24 | — | Commerzbank AG 7.875 31DEC49 Frn | 1.27% |
| 25 | — | Iho Verwaltungs Gmbh 7.0 15NOV31 | 1.23% |
| 26 | — | Benteler International 7.25 15JUN31 | 1.21% |
| 27 | — | Deutsche Bank AG 6.75 31DEC49 | 1.19% |
| 28 | — | Amber Finco PLC 6.625 15JUL29 | 1.18% |
| 29 | — | Eroski’s Coop 5.75 15MAY31 | 1.17% |
| 30 | — | Oeg Finance PLC 7.25 27SEP29 | 1.17% |

Source: etf.net, https://etf.net/etf/PCEB. Please cite the page URL.