The present invention provides novel polymer compositions comprising a polymeric component and a novel organic iridium compound comprising at least one cyclometallated ligand and at least one ketopyrrole ligand. The organic iridium compounds used in the polymer compositions are referred to as Type (1) organic iridium compositions and are constituted such that no ligand of the novel organic iridium compound has a number average molecular weight of 2,000 grams per mole or greater (as measured by gel permeation chromatography). Type (1) organic iridium compositions are referred to herein as comprising “organic iridium complexes”. In one aspect, the polymeric component may be an electroactive polymer. The novel polymer compositions of the invention are useful in optoelectronic electronic devices such as OLED devices and photovoltaic devices. In one aspect, the invention provides novel polymer compositions useful in the preparation of OLED devices exhibiting enhanced color properties and light output efficiencies.