Touchstone Core Municipal Bond Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.9%
1 yr return
2.3%
3 Yr Avg Return
-1.0%
5 Yr Avg Return
0.9%
Net Assets
$51 M
Holdings in Top 10
14.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.18%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 21.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TOHYX - Profile
Distributions
- YTD Total Return -0.9%
- 3 Yr Annualized Total Return -1.0%
- 5 Yr Annualized Total Return 0.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.60%
- Dividend Yield 3.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameTouchstone Core Municipal Bond Fund
-
Fund Family NameTouchstone Funds
-
Inception DateAug 31, 2016
-
Shares OutstandingN/A
-
Share ClassY
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Smith
Fund Description
TOHYX - Performance
Return Ranking - Trailing
Period | TOHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.9% | -4.7% | 11.1% | 63.53% |
1 Yr | 2.3% | -3.8% | 33.8% | 62.21% |
3 Yr | -1.0%* | -11.3% | 2.6% | 36.67% |
5 Yr | 0.9%* | -6.1% | 1102.0% | 41.31% |
10 Yr | N/A* | -0.5% | 248.1% | 39.30% |
* Annualized
Return Ranking - Calendar
Period | TOHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.9% | -1.4% | 41.0% | 43.98% |
2022 | -10.2% | -39.7% | 0.3% | 37.86% |
2021 | -0.8% | -5.6% | 6.9% | 62.95% |
2020 | 2.1% | -2.6% | 310.0% | 29.67% |
2019 | 3.4% | 0.0% | 26.0% | 63.44% |
Total Return Ranking - Trailing
Period | TOHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.9% | -4.7% | 11.1% | 63.53% |
1 Yr | 2.3% | -3.8% | 33.8% | 62.21% |
3 Yr | -1.0%* | -11.3% | 2.6% | 36.67% |
5 Yr | 0.9%* | -6.1% | 1102.0% | 41.31% |
10 Yr | N/A* | -0.5% | 248.1% | 37.38% |
* Annualized
Total Return Ranking - Calendar
Period | TOHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.1% | -1.3% | 41.0% | 39.69% |
2022 | -8.3% | -39.7% | 1.1% | 39.05% |
2021 | 1.7% | -4.8% | 23761504.0% | 47.68% |
2020 | 3.8% | -1.5% | 17057.9% | 51.32% |
2019 | 6.7% | 0.2% | 3514.6% | 44.92% |
NAV & Total Return History
TOHYX - Holdings
Concentration Analysis
TOHYX | Category Low | Category High | TOHYX % Rank | |
---|---|---|---|---|
Net Assets | 51 M | 3.22 M | 71.9 B | 93.46% |
Number of Holdings | 94 | 2 | 13067 | 86.99% |
Net Assets in Top 10 | 7.38 M | -317 M | 3.4 B | 95.79% |
Weighting of Top 10 | 14.46% | 1.9% | 100.4% | 65.80% |
Top 10 Holdings
- OH TOL 4 12/01/2035 2.06%
- OH HAMDEV 5 06/01/2033 2.01%
- AL DEKWTR 5 07/01/2032 1.52%
- IL ILSTRN 5 01/01/2046 1.46%
- WI MLW 5 04/01/2029 1.32%
- TX WCFSCD 4 02/01/2026 1.31%
- FL WALEDU 5 07/01/2025 1.24%
- PA SOWUTL 4 02/15/2037 1.20%
- TX MNTDEV 5 09/01/2026 1.18%
- KY KYSPWR 4 02/01/2030 1.18%
Asset Allocation
Weighting | Return Low | Return High | TOHYX % Rank | |
---|---|---|---|---|
Bonds | 98.21% | 0.00% | 150.86% | 56.86% |
Cash | 1.79% | -50.86% | 50.09% | 40.06% |
Stocks | 0.00% | 0.00% | 99.81% | 36.87% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 29.64% |
Other | 0.00% | -3.18% | 33.35% | 36.25% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 29.56% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TOHYX % Rank | |
---|---|---|---|---|
Municipal | 90.88% | 44.39% | 100.00% | 92.40% |
Cash & Equivalents | 0.82% | 0.00% | 48.02% | 31.20% |
Derivative | 0.00% | -3.18% | 23.38% | 33.53% |
Securitized | 0.00% | 0.00% | 5.93% | 31.38% |
Corporate | 0.00% | 0.00% | 9.41% | 41.72% |
Government | 0.00% | 0.00% | 52.02% | 36.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TOHYX % Rank | |
---|---|---|---|---|
US | 98.21% | 0.00% | 142.23% | 54.11% |
Non US | 0.00% | 0.00% | 23.89% | 37.22% |
TOHYX - Expenses
Operational Fees
TOHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.18% | 0.01% | 20.65% | 25.79% |
Management Fee | 0.40% | 0.00% | 1.20% | 39.65% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.01% | 0.44% | 49.29% |
Sales Fees
TOHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
TOHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
TOHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 21.00% | 0.00% | 283.00% | 61.79% |
TOHYX - Distributions
Dividend Yield Analysis
TOHYX | Category Low | Category High | TOHYX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.08% | 0.00% | 14.56% | 45.86% |
Dividend Distribution Analysis
TOHYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
TOHYX | Category Low | Category High | TOHYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.60% | -0.53% | 5.33% | 14.93% |
Capital Gain Distribution Analysis
TOHYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.028 | DailyAccrualFund |
Feb 29, 2024 | $0.026 | DailyAccrualFund |
Jan 31, 2024 | $0.027 | DailyAccrualFund |
Jan 02, 2024 | $0.027 | DailyAccrualFund |
Dec 01, 2023 | $0.026 | DailyAccrualFund |
Nov 01, 2023 | $0.027 | DailyAccrualFund |
Oct 02, 2023 | $0.026 | DailyAccrualFund |
Sep 01, 2023 | $0.027 | DailyAccrualFund |
Aug 01, 2023 | $0.026 | DailyAccrualFund |
Jul 03, 2023 | $0.024 | DailyAccrualFund |
Jun 01, 2023 | $0.025 | DailyAccrualFund |
May 01, 2023 | $0.022 | DailyAccrualFund |
Apr 03, 2023 | $0.024 | DailyAccrualFund |
Mar 01, 2023 | $0.022 | DailyAccrualFund |
Feb 01, 2023 | $0.024 | DailyAccrualFund |
Dec 30, 2022 | $0.024 | DailyAccrualFund |
Nov 30, 2022 | $0.022 | DailyAccrualFund |
Oct 31, 2022 | $0.022 | DailyAccrualFund |
Sep 30, 2022 | $0.020 | DailyAccrualFund |
Aug 31, 2022 | $0.020 | DailyAccrualFund |
Jul 29, 2022 | $0.020 | DailyAccrualFund |
Jun 30, 2022 | $0.019 | DailyAccrualFund |
May 31, 2022 | $0.017 | DailyAccrualFund |
Apr 30, 2022 | $0.014 | DailyAccrualFund |
Mar 31, 2022 | $0.013 | DailyAccrualFund |
Jan 31, 2022 | $0.013 | DailyAccrualFund |
Dec 31, 2021 | $0.014 | DailyAccrualFund |
Nov 30, 2021 | $0.015 | DailyAccrualFund |
Oct 29, 2021 | $0.019 | DailyAccrualFund |
Sep 30, 2021 | $0.017 | DailyAccrualFund |
Aug 31, 2021 | $0.017 | DailyAccrualFund |
Jul 30, 2021 | $0.021 | DailyAccrualFund |
Jun 30, 2021 | $0.025 | DailyAccrualFund |
May 28, 2021 | $0.026 | DailyAccrualFund |
Apr 30, 2021 | $0.025 | DailyAccrualFund |
Mar 31, 2021 | $0.026 | DailyAccrualFund |
Feb 26, 2021 | $0.023 | DailyAccrualFund |
Jan 29, 2021 | $0.027 | DailyAccrualFund |
Dec 31, 2020 | $0.027 | DailyAccrualFund |
Nov 30, 2020 | $0.026 | DailyAccrualFund |
Oct 30, 2020 | $0.027 | DailyAccrualFund |
Sep 30, 2020 | $0.026 | DailyAccrualFund |
Aug 31, 2020 | $0.026 | OrdinaryDividend |
Jul 31, 2020 | $0.027 | OrdinaryDividend |
Jun 30, 2020 | $0.026 | OrdinaryDividend |
May 29, 2020 | $0.027 | OrdinaryDividend |
Apr 30, 2020 | $0.026 | OrdinaryDividend |
Mar 31, 2020 | $0.028 | OrdinaryDividend |
Feb 28, 2020 | $0.026 | OrdinaryDividend |
Jan 31, 2020 | $0.027 | OrdinaryDividend |
Dec 31, 2019 | $0.027 | DailyAccrualFund |
Nov 29, 2019 | $0.027 | DailyAccrualFund |
Oct 31, 2019 | $0.028 | DailyAccrualFund |
Sep 30, 2019 | $0.027 | DailyAccrualFund |
Aug 30, 2019 | $0.028 | DailyAccrualFund |
Jul 31, 2019 | $0.029 | DailyAccrualFund |
Jun 28, 2019 | $0.026 | DailyAccrualFund |
May 31, 2019 | $0.024 | DailyAccrualFund |
Apr 30, 2019 | $0.028 | DailyAccrualFund |
Mar 29, 2019 | $0.030 | DailyAccrualFund |
Feb 28, 2019 | $0.027 | DailyAccrualFund |
Jan 31, 2019 | $0.023 | DailyAccrualFund |
Dec 31, 2018 | $0.029 | DailyAccrualFund |
Nov 30, 2018 | $0.028 | DailyAccrualFund |
Oct 31, 2018 | $0.027 | DailyAccrualFund |
Aug 31, 2018 | $0.024 | DailyAccrualFund |
Jul 31, 2018 | $0.028 | DailyAccrualFund |
Jun 29, 2018 | $0.230 | DailyAccrualFund |
May 31, 2018 | $0.026 | DailyAccrualFund |
Apr 30, 2018 | $0.028 | DailyAccrualFund |
Mar 31, 2018 | $0.030 | DailyAccrualFund |
Feb 28, 2018 | $0.026 | DailyAccrualFund |
Jan 31, 2018 | $0.029 | DailyAccrualFund |
Dec 29, 2017 | $0.033 | DailyAccrualFund |
Nov 30, 2017 | $0.031 | DailyAccrualFund |
Oct 31, 2017 | $0.030 | DailyAccrualFund |
Sep 29, 2017 | $0.031 | DailyAccrualFund |
Aug 31, 2017 | $0.031 | DailyAccrualFund |
Jul 31, 2017 | $0.030 | DailyAccrualFund |
Jun 30, 2017 | $0.033 | DailyAccrualFund |
May 31, 2017 | $0.031 | DailyAccrualFund |
Apr 28, 2017 | $0.028 | DailyAccrualFund |
Mar 31, 2017 | $0.033 | DailyAccrualFund |
Feb 28, 2017 | $0.029 | DailyAccrualFund |
Jan 31, 2017 | $0.030 | DailyAccrualFund |
Dec 30, 2016 | $0.025 | DailyAccrualFund |
Nov 30, 2016 | $0.031 | DailyAccrualFund |
Oct 31, 2016 | $0.030 | DailyAccrualFund |
Sep 30, 2016 | $0.034 | DailyAccrualFund |
Aug 31, 2016 | $0.001 | DailyAccrualFund |
TOHYX - Fund Manager Analysis
Managers
Robert Smith
Start Date
Tenure
Tenure Rank
Oct 28, 2021
0.59
0.6%
Bob began his career at Moody's Investors Service as a member of the Corporate Bond Rating Committee; he then went on to Loeb, Rhodes & Co. to cover the insurance industry in the Institutional Equity Research department. He then worked at Merrill Lynch & Co. for 13 years in a variety of institutional research, trading and portfolio management roles in New York and London. During this period, he was assigned to the Saudi Arabian Monetary Agency as a Resident Financial Advisor in Riyadh responsible for managing the foreign reserves of the Central Bank.
Jeffrey Timlin
Start Date
Tenure
Tenure Rank
Oct 28, 2021
0.59
0.6%
Jeff is a Principal and Managing Director of the firm and a member of the Investment Committee. He serves as a Portfolio Manager for the tax-exempt fixed income strategies. He began his career in 1997 as a Fixed Income Associate Trader with MFS Investment Management in Boston. He was also a former Client Account Manager with Brown Brothers Harriman & Co. in Boston. Jeff received his B.S. in Business Administration from Villanova University, is a Chartered Financial Analyst (CFA) and member of the CFA Institute, and is a Chartered Market Technician (CMT). He is also a member of the Market Technicians Association, the National Federation of Municipal Analysts and the Southern Municipal Finance Society.
Thomas Urano
Start Date
Tenure
Tenure Rank
Oct 28, 2021
0.59
0.6%
Thomas is a principal of the firm and a member of the investment committee. He serves as a portfolio manager and senior trader for the taxable fixed income and equity strategies. Thomas received his B.A. in Economics from The University of Texas and is a Chartered Financial Analyst. Before joining Sage, he was a Fixed Income Trader with Credit Suisse Asset Management in New York. He was also a former Fixed Income Portfolio Accountant for Morgan Keegan. Thomas brings over 15 years of experience in client account management and fixed income trading to the firm and is a member of the CFA Institute.Thomas is a principal of the firm and a member of the investment committee. He serves as a portfolio manager and senior trader for the taxable fixed income and equity strategies. Thomas received his B.A. in Economics from The University of Texas and is a Chartered Financial Analyst. Before joining Sage, he was a Fixed Income Trader with Credit Suisse Asset Management in New York. He was also a former Fixed Income Portfolio Accountant for Morgan Keegan. Thomas brings over 15 years of experience in client account management and fixed income trading to the firm and is a member of the CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |