Touchstone Strategic Income Opportunities Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.5%
1 yr return
7.1%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$195 M
Holdings in Top 10
28.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.89%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 155.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TQPIX - Profile
Distributions
- YTD Total Return 1.5%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.56%
- Dividend Yield 5.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameTouchstone Strategic Income Opportunities Fund
-
Fund Family NameTouchstone Funds
-
Inception DateJul 19, 2021
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Carter
Fund Description
TQPIX - Performance
Return Ranking - Trailing
Period | TQPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.5% | -12.3% | 7.9% | 34.11% |
1 Yr | 7.1% | -10.8% | 25.1% | 22.90% |
3 Yr | N/A* | -17.8% | 17.5% | 55.91% |
5 Yr | N/A* | -13.6% | 14.9% | 58.77% |
10 Yr | N/A* | -13.6% | 6.5% | 56.04% |
* Annualized
Return Ranking - Calendar
Period | TQPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.7% | -12.0% | 15.7% | 54.59% |
2022 | -13.4% | -31.8% | 18.4% | 53.43% |
2021 | N/A | -26.6% | 25.7% | N/A |
2020 | N/A | -49.2% | 18.7% | N/A |
2019 | N/A | -35.1% | 15.3% | N/A |
Total Return Ranking - Trailing
Period | TQPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.5% | -12.3% | 7.9% | 34.11% |
1 Yr | 7.1% | -10.8% | 25.1% | 22.90% |
3 Yr | N/A* | -17.8% | 17.5% | 50.00% |
5 Yr | N/A* | -13.6% | 14.9% | 52.38% |
10 Yr | N/A* | -13.6% | 6.5% | 53.57% |
* Annualized
Total Return Ranking - Calendar
Period | TQPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.4% | -7.0% | 22.2% | 39.97% |
2022 | -9.5% | -31.8% | 21.1% | 52.95% |
2021 | N/A | -13.5% | 49.9% | N/A |
2020 | N/A | -28.6% | 24.1% | N/A |
2019 | N/A | -4.8% | 19.1% | N/A |
NAV & Total Return History
TQPIX - Holdings
Concentration Analysis
TQPIX | Category Low | Category High | TQPIX % Rank | |
---|---|---|---|---|
Net Assets | 195 M | 2.53 M | 143 B | 74.64% |
Number of Holdings | 161 | 4 | 9868 | 75.20% |
Net Assets in Top 10 | 56.5 M | -1.57 B | 65.8 B | 73.31% |
Weighting of Top 10 | 27.95% | 0.7% | 171.7% | 51.12% |
Top 10 Holdings
- T 4.375 08/15/43 4.26%
- T 4 02/29/28 3.41%
- TII 1.375 07/15/33 3.36%
- T 3.875 05/15/43 3.31%
- T 3 06/30/24 2.94%
- T 4 11/15/52 2.67%
- TII 1.25 04/15/28 2.43%
- Dreyfus Government Cash Management Funds SH BEN INT 2.33%
- STACR 2022-DNA3 M1B 1.65%
- CGCMT 2017-B1 D 1.60%
Asset Allocation
Weighting | Return Low | Return High | TQPIX % Rank | |
---|---|---|---|---|
Bonds | 79.20% | -150.81% | 196.48% | 65.78% |
Other | 12.78% | -62.91% | 100.00% | 21.04% |
Stocks | 4.22% | -4.18% | 99.88% | 24.49% |
Cash | 3.79% | -94.66% | 258.91% | 47.25% |
Convertible Bonds | 2.16% | 0.00% | 33.50% | 38.06% |
Preferred Stocks | 0.00% | 0.00% | 30.46% | 40.97% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TQPIX % Rank | |
---|---|---|---|---|
Technology | 17.44% | 0.00% | 28.30% | 10.32% |
Healthcare | 16.90% | 0.00% | 18.60% | 1.15% |
Industrials | 16.24% | 0.00% | 100.00% | 10.03% |
Financial Services | 16.06% | 0.00% | 100.00% | 32.95% |
Energy | 8.66% | 0.00% | 100.00% | 48.42% |
Consumer Defense | 8.30% | 0.00% | 99.97% | 12.61% |
Basic Materials | 8.30% | 0.00% | 100.00% | 14.33% |
Communication Services | 8.08% | 0.00% | 100.00% | 24.07% |
Utilities | 0.00% | 0.00% | 100.00% | 90.26% |
Real Estate | 0.00% | 0.00% | 100.00% | 89.40% |
Consumer Cyclical | 0.00% | 0.00% | 89.95% | 89.40% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TQPIX % Rank | |
---|---|---|---|---|
US | 4.22% | -4.11% | 99.88% | 23.08% |
Non US | 0.00% | -0.07% | 17.73% | 82.26% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TQPIX % Rank | |
---|---|---|---|---|
Corporate | 57.18% | 0.00% | 96.66% | 26.24% |
Securitized | 25.11% | 0.00% | 99.65% | 36.32% |
Government | 16.35% | 0.00% | 99.43% | 38.72% |
Cash & Equivalents | 2.44% | 0.00% | 74.29% | 53.70% |
Municipal | 0.00% | 0.00% | 54.26% | 87.04% |
Derivative | -0.14% | -62.91% | 37.37% | 67.09% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TQPIX % Rank | |
---|---|---|---|---|
US | 79.20% | -151.11% | 196.48% | 47.88% |
Non US | 0.00% | 0.00% | 67.77% | 90.58% |
TQPIX - Expenses
Operational Fees
TQPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.89% | 0.03% | 20.67% | 1.88% |
Management Fee | 0.55% | 0.00% | 2.29% | 38.47% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.00% | 0.70% | 60.56% |
Sales Fees
TQPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
TQPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TQPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 155.00% | 0.00% | 632.00% | 83.46% |
TQPIX - Distributions
Dividend Yield Analysis
TQPIX | Category Low | Category High | TQPIX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.00% | 0.00% | 13.03% | 45.57% |
Dividend Distribution Analysis
TQPIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
TQPIX | Category Low | Category High | TQPIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.56% | -1.55% | 10.56% | 62.84% |
Capital Gain Distribution Analysis
TQPIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 29, 2024 | $0.013 | OrdinaryDividend |
Mar 28, 2024 | $0.010 | OrdinaryDividend |
Feb 28, 2024 | $0.011 | OrdinaryDividend |
Jan 30, 2024 | $0.011 | OrdinaryDividend |
Dec 27, 2023 | $0.027 | OrdinaryDividend |
Nov 29, 2023 | $0.012 | OrdinaryDividend |
Oct 30, 2023 | $0.011 | OrdinaryDividend |
Sep 27, 2023 | $0.011 | OrdinaryDividend |
Aug 30, 2023 | $0.013 | OrdinaryDividend |
Jul 28, 2023 | $0.013 | OrdinaryDividend |
Jun 28, 2023 | $0.012 | OrdinaryDividend |
May 30, 2023 | $0.013 | OrdinaryDividend |
Apr 27, 2023 | $0.011 | OrdinaryDividend |
Mar 29, 2023 | $0.011 | OrdinaryDividend |
Feb 27, 2023 | $0.010 | OrdinaryDividend |
Jan 30, 2023 | $0.018 | OrdinaryDividend |
Dec 28, 2022 | $0.019 | OrdinaryDividend |
Nov 30, 2022 | $0.012 | OrdinaryDividend |
Nov 29, 2022 | $0.012 | OrdinaryDividend |
Oct 31, 2022 | $0.012 | OrdinaryDividend |
Sep 29, 2022 | $0.011 | OrdinaryDividend |
Aug 31, 2022 | $0.011 | OrdinaryDividend |
Jul 29, 2022 | $0.011 | OrdinaryDividend |
Jun 29, 2022 | $0.011 | OrdinaryDividend |
May 31, 2022 | $0.011 | OrdinaryDividend |
Apr 29, 2022 | $0.011 | OrdinaryDividend |
Mar 30, 2022 | $0.009 | OrdinaryDividend |
Feb 28, 2022 | $0.005 | OrdinaryDividend |
Jan 31, 2022 | $0.011 | OrdinaryDividend |
Dec 29, 2021 | $0.008 | OrdinaryDividend |
Nov 29, 2021 | $0.008 | OrdinaryDividend |
Oct 28, 2021 | $0.007 | OrdinaryDividend |
Sep 28, 2021 | $0.006 | OrdinaryDividend |
Aug 30, 2021 | $0.009 | OrdinaryDividend |
Jul 30, 2021 | $0.007 | OrdinaryDividend |
Jul 29, 2021 | $0.007 | OrdinaryDividend |
TQPIX - Fund Manager Analysis
Managers
Daniel Carter
Start Date
Tenure
Tenure Rank
Jul 19, 2021
0.87
0.9%
Dan Carter focuses on diversified broad market fixed income portfolios. He also serves as an asset specialist for the Government (Treasury/Agency/TIPS) sectors within the fixed income markets. Carter joined the firm in 2000 as a credit analyst. Prior to joining Fort Washington, Carter was an analyst focusing on fixed income with the Ohio Casualty Group and Provident Financial Group. Carter received a BS in Business (Finance and Accounting) from Miami University and holds the Chartered Financial Analyst® designation.
Austin Kummer
Start Date
Tenure
Tenure Rank
Jul 19, 2021
0.87
0.9%
Austin Kummer is a vice president and senior portfolio manager, focused on portfolio management and research functions within several strategies, including Total Return Fixed Income, Multi-Strategy, Private Debt, and Dividend Equity. Kummer joined the firm in 2013. Prior to becoming a portfolio manager, he was primarily focused on investment grade credit research. Kummer received a BBA from Ohio University in Finance and Business Economics and an MBA in Finance from Xavier University. He is a CFA charterholder.
Brendan White
Start Date
Tenure
Tenure Rank
Jul 19, 2021
0.87
0.9%
Brendan M. White, CFA, is a senior vice president and co-chief investment officer of Fort Washington Investment Advisors, Inc., a wholly owned subsidiary of Western & Southern Financial Group, based in Cincinnati, Ohio. In this role, White is responsible for overseeing the investment activity for all assets under management with emphasis on Fixed Income. He collaborates closely with Jim Vance, co-chief investment officer, on all investment decisions and shares responsibility for asset allocation and macro-positioning for both Fort Washington and the Western & Southern Financial Group. White joined Fort Washington in 1993 and has more than 30 years of industry experience. He spent much of his career building, growing and managing the Fort Washington Leveraged Credit team. Prior to joining the firm, he was with Ohio Casualty Corporation where he was a securities analyst supporting the High Yield and Mortgage Backed Securities portfolios. White is a Chartered Financial Analyst with an MBA from Xavier University and a bachelor's degree in business administration finance from The Ohio State University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.78 | 3.19 |