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Trending ETFs

Touchstone Balanced Fund

mutual fund
TBARX
Payout Change
Pending
Price as of:
$27.99 +0.06 +0.21%
primary theme
U.S. Balanced Allocation
share class
R6 (TBARX) C (SBACX) A (SEBLX) Y (SIBLX)
TBARX (Mutual Fund)

Touchstone Balanced Fund

Payout Change
Pending
Price as of:
$27.99 +0.06 +0.21%
primary theme
U.S. Balanced Allocation
share class
R6 (TBARX) C (SBACX) A (SEBLX) Y (SIBLX)
TBARX (Mutual Fund)

Touchstone Balanced Fund

Payout Change
Pending
Price as of:
$27.99 +0.06 +0.21%
primary theme
U.S. Balanced Allocation
share class
R6 (TBARX) C (SBACX) A (SEBLX) Y (SIBLX)

Name

As of 12/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Touchstone Balanced Fund

TBARX | Fund

$27.99

$899 M

1.78%

$0.50

6.95%

Vitals

YTD Return

14.4%

1 yr return

14.7%

3 Yr Avg Return

4.6%

5 Yr Avg Return

N/A

Net Assets

$899 M

Holdings in Top 10

32.9%

52 WEEK LOW AND HIGH

$27.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 6.95%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 60.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$50,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Touchstone Balanced Fund

TBARX | Fund

$27.99

$899 M

1.78%

$0.50

6.95%

TBARX - Profile

Distributions

  • YTD Total Return 14.4%
  • 3 Yr Annualized Total Return 4.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Touchstone Balanced Fund
  • Fund Family Name
    Touchstone Funds
  • Inception Date
    Nov 08, 2021
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Daniel Carter

Fund Description

The Fund seeks to achieve its investment goal by investing primarily in a diversified portfolio of fixed-income and equity securities. The following table details, under normal circumstances, how the Fund generally expects to allocate its assets among equity and fixed-income, as of the date of this prospectus.AllocationsApproximate Target AllocationEquity60Fixed-Income40With respect to equities, the Fund invests primarily in issuers having a market capitalization, at the time of purchase, above $5 billion. Equity securities include common stock and preferred stock. These securities may be listed on an exchange or traded over-the-counter. Up to 35% of the Fund’s equity sleeve may be invested in securities of foreign issuers through the use of ordinary shares or depositary receipts such as American Depositary Receipts (“ADRs”). The Fund may also invest in equity securities of emerging market countries. Emerging market countries are generally countries that are included in the Morgan Stanley Capital International (“MSCI”) Emerging Markets Index.With respect to fixed-income securities, the Fund will invest primarily in bonds, including mortgage-related securities, asset-backed securities, government securities (both U.S. government securities and foreign sovereign debt), and corporate debt securities. Fort Washington Investment Advisors, Inc., the Fund’s sub-adviser (“Fort Washington”), primarily invests in investment-grade debt securities, but may invest up to 30% of the Fund’s fixed-income sleeve in non-investment-grade debt securities rated as low as B by a Nationally Recognized Statistical Rating Organization (“NRSRO”). Non-investment-grade debt securities are often referred to as “junk bonds” and are considered speculative.The Fund may engage in frequent and active trading as part of its principal investment strategies. Additionally, in order to implement its investment strategy, the Fund may invest in mortgage dollar-roll transactions, and in derivatives, including forwards, futures contracts, interest rate and credit default swap agreements, and options. Mortgage “dollar rolls” are transactions in which mortgage-backed securities are sold for delivery in the current month and the seller simultaneously contracts to repurchase substantially similar securities on a specified future date. These investments may be used to gain or hedge market exposure, to adjust the Fund’s duration, to manage interest rate risk, and for any other purposes consistent with the Fund’s investment strategies and limitations.Fort Washington, subject to approval by the Fund’s Adviser, may change the Fund’s target allocation to each asset class (or to additional asset classes) without prior approval from or notice to shareholders.
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TBARX - Performance

Return Ranking - Trailing

Period TBARX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.4% -2.7% 72.6% 24.52%
1 Yr 14.7% -1.8% 67.6% 23.49%
3 Yr 4.6%* -5.1% 20.7% 16.37%
5 Yr N/A* -3.8% 21.1% 6.26%
10 Yr N/A* 0.7% 13.6% 13.58%

* Annualized

Return Ranking - Calendar

Period TBARX Return Category Return Low Category Return High Rank in Category (%)
2023 16.6% -12.2% 23.9% 5.16%
2022 -17.0% -34.7% 2.8% 33.28%
2021 N/A -11.9% 18.1% N/A
2020 N/A -20.9% 39.7% N/A
2019 N/A 0.8% 25.7% N/A

Total Return Ranking - Trailing

Period TBARX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.4% -2.7% 72.6% 24.52%
1 Yr 14.7% -1.8% 67.6% 23.49%
3 Yr 4.6%* -5.1% 20.7% 16.37%
5 Yr N/A* -3.8% 21.1% 6.53%
10 Yr N/A* 0.7% 13.6% 12.03%

* Annualized

Total Return Ranking - Calendar

Period TBARX Return Category Return Low Category Return High Rank in Category (%)
2023 18.6% -12.2% 26.8% 7.82%
2022 -15.9% -29.0% 10.9% 66.87%
2021 N/A -3.0% 27.3% N/A
2020 N/A -19.5% 40.6% N/A
2019 N/A 2.2% 32.7% N/A

NAV & Total Return History

TBARX - Holdings

Concentration Analysis

TBARX Category Low Category High TBARX % Rank
Net Assets 899 M 861 K 235 B 51.39%
Number of Holdings 297 2 16143 31.12%
Net Assets in Top 10 315 M 859 K 66.9 B 57.37%
Weighting of Top 10 32.94% 10.8% 122.7% 67.70%

Top 10 Holdings

  1. Microsoft Corp. COM USD0.00000625 5.88%
  2. Apple Inc. COM USD0.00001 5.06%
  3. Meta Platforms Inc COM USD0.000006 CL 'A' 4.21%
  4. Alphabet Inc. CAP USD0.001 CL C 3.49%
  5. Amazon.com, Inc. COM USD0.01 3.22%
  6. T 4 01/31/29 2.55%
  7. Berkshire Hathaway Inc. COM USD0.0033 CLASS'B' 2.27%
  8. T 4.625 04/30/29 2.22%
  9. Dreyfus Government Cash Management Funds SH BEN INT 2.03%
  10. NVIDIA Corp. COM USD0.001 2.01%

Asset Allocation

Weighting Return Low Return High TBARX % Rank
Stocks 		63.05% 0.00% 100.10% 64.31%
Bonds 		29.49% 0.00% 77.71% 36.14%
Other 		5.33% -42.55% 113.97% 5.60%
Cash 		2.14% -7.92% 100.00% 41.45%
Convertible Bonds 		0.51% 0.00% 23.84% 47.10%
Preferred Stocks 		0.00% 0.00% 24.59% 60.91%

Stock Sector Breakdown

Weighting Return Low Return High TBARX % Rank
Technology 		24.62% 0.00% 44.21% 12.07%
Financial Services 		15.51% 0.00% 38.77% 37.56%
Healthcare 		15.15% 0.00% 29.35% 23.10%
Communication Services 		14.57% 0.00% 38.10% 2.83%
Consumer Cyclical 		10.22% 0.00% 19.36% 45.45%
Industrials 		9.42% 0.00% 24.37% 66.47%
Consumer Defense 		3.69% 0.00% 15.14% 86.89%
Energy 		3.09% 0.00% 85.65% 80.92%
Real Estate 		2.41% 0.00% 65.01% 70.79%
Basic Materials 		1.33% 0.00% 25.57% 89.12%
Utilities 		0.00% 0.00% 99.55% 95.98%

Stock Geographic Breakdown

Weighting Return Low Return High TBARX % Rank
US 		63.05% 0.00% 100.10% 57.67%
Non US 		0.00% 0.00% 42.80% 61.95%

Bond Sector Breakdown

Weighting Return Low Return High TBARX % Rank
Corporate 		35.60% 0.00% 98.21% 38.48%
Government 		28.70% 0.00% 97.26% 54.09%
Securitized 		28.54% 0.00% 92.13% 19.76%
Cash & Equivalents 		2.03% 0.00% 99.92% 40.71%
Derivative 		0.00% -4.58% 41.29% 51.33%
Municipal 		0.00% 0.00% 24.80% 82.17%

Bond Geographic Breakdown

Weighting Return Low Return High TBARX % Rank
US 		29.49% 0.00% 77.71% 34.66%
Non US 		0.00% 0.00% 15.37% 56.93%

TBARX - Expenses

Operational Fees

TBARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 6.95% 0.03% 27.98% 1.03%
Management Fee 0.48% 0.00% 1.83% 53.29%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.83% 61.96%

Sales Fees

TBARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

TBARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 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.

TBARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 60.00% 0.83% 343.00% 68.93%

TBARX - Distributions

Dividend Yield Analysis

TBARX Category Low Category High TBARX % Rank
Dividend Yield 1.78% 0.00% 17.90% 68.81%

Dividend Distribution Analysis

TBARX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

TBARX Category Low Category High TBARX % Rank
Net Income Ratio N/A -2.34% 13.92% N/A

Capital Gain Distribution Analysis

TBARX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Semi-Monthly

Distributions History

View More +

TBARX - Fund Manager Analysis

Managers

Daniel Carter

Start Date

Tenure

Tenure Rank

Oct 30, 2017

4.59

4.6%

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.

James Wilhelm

Start Date

Tenure

Tenure Rank

Oct 30, 2017

4.59

4.6%

James E. Wilhelm, Jr, is a managing director and senior portfolio manager of the Focused Equity and Large Cap Focused Equity investment strategies and is responsible for the investment process and portfolio construction. He has research sector coverage for consumer staples and consumer discretionary and also manages a team of senior research analysts and a product specialist. Wilhelm joined the firm in 2002 and started the Focused Equity strategy in 2007. Prior to Fort Washington, he served as an equity research analyst for Riggs Investment Management Corp. and First Union Securities. Previously he worked for Evergreen Funds and Salomon Smith Barney. Wilhelm earned a bachelor’s degree in business administration from Wingate University and an MBA in finance from Johns Hopkins University.

Austin Kummer

Start Date

Tenure

Tenure Rank

Oct 30, 2020

1.58

1.6%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.39 2.41

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