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Touchstone Mid Cap Value Fund
mutual fund
TCVAX
Payout Change
Suspended
Price as of:
$22.52
+0.04
+0.18%
primary theme
U.S. Mid-Cap Value Equity
share class
TCVAX (Mutual Fund)
Touchstone Mid Cap Value Fund
Payout Change
Suspended
Price as of:
$22.52
+0.04
+0.18%
primary theme
U.S. Mid-Cap Value Equity
share class
TCVAX (Mutual Fund)
Touchstone Mid Cap Value Fund
Payout Change
Suspended
Price as of:
$22.52
+0.04
+0.18%
primary theme
U.S. Mid-Cap Value Equity
share class
Name
As of 12/23/2024Price
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
Vitals
YTD Return
8.3%
1 yr return
8.8%
3 Yr Avg Return
2.6%
5 Yr Avg Return
7.3%
Net Assets
$799 M
Holdings in Top 10
22.9%
52 WEEK LOW AND HIGH
$22.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.51%
SALES FEES
Front Load 5.00%
Deferred Load N/A
TRADING FEES
Turnover 33.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/23/2024Price
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
TCVAX - Profile
Distributions
- YTD Total Return 8.3%
- 3 Yr Annualized Total Return 2.6%
- 5 Yr Annualized Total Return 7.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.06%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameTouchstone Mid Cap Value Fund
-
Fund Family NameTouchstone Funds
-
Inception DateSep 30, 2009
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerR. Vingers
Fund Description
The Fund invests, under normal conditions, at least 80% of its net assets (including borrowings for investment purposes) in common stocks of companies with medium market capitalizations. This is a non-fundamental policy that the Fund can change upon 60 days’ prior notice to shareholders. For purposes of the Fund, a medium capitalization company has a market capitalization within the range of market capitalization represented in the Russell Midcap® Value Index (between $270 million to $73.3 billionas of December 31, 2023) at the time of purchase. The size of the companies in the Russell Midcap Value Index will change with market conditions. The Fund will hold approximately 60 to 80 securities.The Fund's sub-adviser, Leeward Investments, LLC (“Leeward”), employs a fundamental investment process which seeks to identify companies which it believes are selling at a discount to their intrinsic value. In evaluating and selecting potential investments for the Fund, Leeward completes in-depth research and analysis on the securities in the investable universe in an effort to identify leading companies selling at attractive valuations. The research and analysis include an examination of financial statements and assessments of the management team, the company’s competitive strategy and its current market position. The Fund may invest in other investment companies in pursuing its strategy.
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TCVAX - Performance
Return Ranking - Trailing
| Period | TCVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.3% | -40.9% | 32.2% | 76.11% |
| 1 Yr | 8.8% | -41.0% | 32.3% | 73.89% |
| 3 Yr | 2.6%* | -13.5% | 15.4% | 82.54% |
| 5 Yr | 7.3%* | -3.9% | 16.9% | 70.98% |
| 10 Yr | 6.6%* | 1.1% | 11.0% | 76.89% |
* Annualized
Return Ranking - Calendar
| Period | TCVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.5% | -11.3% | 33.3% | 73.06% |
| 2022 | -14.0% | -41.6% | 2.3% | 51.97% |
| 2021 | 18.7% | -41.5% | 44.9% | 52.68% |
| 2020 | 4.7% | -29.0% | 22.1% | 19.77% |
| 2019 | 28.4% | -8.1% | 31.2% | 3.85% |
Total Return Ranking - Trailing
| Period | TCVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.3% | -40.9% | 32.2% | 76.11% |
| 1 Yr | 8.8% | -41.0% | 32.3% | 73.89% |
| 3 Yr | 2.6%* | -13.5% | 15.4% | 82.54% |
| 5 Yr | 7.3%* | -3.9% | 16.9% | 70.98% |
| 10 Yr | 6.6%* | 1.1% | 11.0% | 76.89% |
* Annualized
Total Return Ranking - Calendar
| Period | TCVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.4% | -1.7% | 36.5% | 91.11% |
| 2022 | -8.7% | -35.0% | 2.4% | 57.02% |
| 2021 | 26.7% | 6.2% | 48.3% | 66.20% |
| 2020 | 5.3% | -22.9% | 23.2% | 31.23% |
| 2019 | 29.2% | -3.0% | 35.7% | 29.59% |
NAV & Total Return History
TCVAX - Holdings
Concentration Analysis
| TCVAX | Category Low | Category High | TCVAX % Rank | |
|---|---|---|---|---|
| Net Assets | 799 M | 991 K | 28 B | 51.80% |
| Number of Holdings | 73 | 8 | 2270 | 57.62% |
| Net Assets in Top 10 | 140 M | 349 K | 5.52 B | 57.62% |
| Weighting of Top 10 | 22.86% | 5.0% | 100.2% | 41.00% |
Top 10 Holdings
- Clean Harbors, Inc. COM USD0.01 2.91%
- The Allstate Corporation COM USD0.01 2.87%
- Leidos Holdings Inc COM USD0.0001 2.67%
- Regal Rexnord Corporation COM USD0.01 2.58%
- Encompass Health Corporation COM USD0.01 2.32%
- Reinsurance Group of America, Incorporated COM USD0.01 1.98%
- Entergy Corporation COM USD0.01 1.97%
- Wesco International, Inc. COM USD0.01 1.87%
- Keysight Technologies, Inc. COM USD0.01 WD 1.85%
- WEC Energy Group Inc. COM USD0.01 1.83%
Asset Allocation
| Weighting | Return Low | Return High | TCVAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.11% | 55.64% | 100.58% | 29.09% |
| Cash | 0.89% | 0.00% | 27.43% | 64.54% |
| Preferred Stocks | 0.00% | 0.00% | 1.68% | 40.17% |
| Other | 0.00% | -0.01% | 7.98% | 58.73% |
| Convertible Bonds | 0.00% | 0.00% | 0.02% | 35.38% |
| Bonds | 0.00% | 0.00% | 19.09% | 37.95% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | TCVAX % Rank | |
|---|---|---|---|---|
| Financial Services | 17.14% | 0.00% | 60.11% | 57.94% |
| Industrials | 14.32% | 0.00% | 29.02% | 58.77% |
| Consumer Defense | 10.57% | 0.00% | 33.79% | 5.57% |
| Utilities | 10.02% | 0.00% | 24.69% | 8.36% |
| Consumer Cyclical | 9.23% | 0.00% | 29.62% | 72.98% |
| Real Estate | 8.81% | 0.00% | 40.74% | 36.77% |
| Healthcare | 8.11% | 0.00% | 32.47% | 56.55% |
| Energy | 7.88% | 0.00% | 29.17% | 39.28% |
| Technology | 7.82% | 0.00% | 30.07% | 74.65% |
| Basic Materials | 6.10% | 0.00% | 23.88% | 44.85% |
| Communication Services | 0.00% | 0.00% | 19.80% | 90.53% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | TCVAX % Rank | |
|---|---|---|---|---|
| US | 99.11% | 55.64% | 100.58% | 24.93% |
| Non US | 0.00% | 0.00% | 33.85% | 49.58% |
TCVAX - Expenses
Operational Fees
| TCVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.51% | 0.06% | 25.08% | 18.89% |
| Management Fee | 0.75% | 0.00% | 1.20% | 67.87% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 41.27% |
| Administrative Fee | 0.15% | 0.01% | 0.40% | 58.76% |
Sales Fees
| TCVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.00% | 3.50% | 5.75% | 86.36% |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| TCVAX 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.
| TCVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 33.00% | 0.00% | 227.00% | 32.22% |
TCVAX - Distributions
Dividend Yield Analysis
| TCVAX | Category Low | Category High | TCVAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 22.79% | 74.72% |
Dividend Distribution Analysis
| TCVAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| TCVAX | Category Low | Category High | TCVAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.06% | -1.84% | 4.73% | 90.22% |
Capital Gain Distribution Analysis
| TCVAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 11, 2024 | $0.201 | CapitalGainShortTerm |
| Dec 11, 2024 | $0.875 | CapitalGainLongTerm |
| Dec 27, 2023 | $0.199 | OrdinaryDividend |
| Dec 13, 2023 | $0.179 | CapitalGainLongTerm |
| Dec 28, 2022 | $0.056 | OrdinaryDividend |
| Dec 09, 2022 | $1.123 | OrdinaryDividend |
| Sep 28, 2022 | $0.034 | OrdinaryDividend |
| Jun 28, 2022 | $0.029 | OrdinaryDividend |
| Mar 29, 2022 | $0.049 | OrdinaryDividend |
| Dec 29, 2021 | $0.081 | OrdinaryDividend |
| Dec 09, 2021 | $1.492 | OrdinaryDividend |
| Dec 29, 2020 | $0.029 | OrdinaryDividend |
| Sep 28, 2020 | $0.014 | OrdinaryDividend |
| Jun 26, 2020 | $0.025 | OrdinaryDividend |
| Mar 27, 2020 | $0.022 | OrdinaryDividend |
| Dec 27, 2019 | $0.028 | OrdinaryDividend |
| Sep 26, 2019 | $0.030 | OrdinaryDividend |
| Jun 26, 2019 | $0.027 | OrdinaryDividend |
| Mar 27, 2019 | $0.023 | OrdinaryDividend |
| Dec 27, 2018 | $0.019 | OrdinaryDividend |
| Dec 12, 2018 | $0.558 | CapitalGainLongTerm |
| Dec 12, 2018 | $0.198 | CapitalGainShortTerm |
| Sep 26, 2018 | $0.020 | OrdinaryDividend |
| Jun 27, 2018 | $0.016 | OrdinaryDividend |
| Mar 27, 2018 | $0.007 | OrdinaryDividend |
| Dec 27, 2017 | $0.015 | OrdinaryDividend |
| Dec 13, 2017 | $0.242 | CapitalGainShortTerm |
| Dec 13, 2017 | $0.896 | CapitalGainLongTerm |
| Sep 27, 2017 | $0.005 | OrdinaryDividend |
| Jun 28, 2017 | $0.009 | OrdinaryDividend |
| Mar 29, 2017 | $0.001 | OrdinaryDividend |
| Dec 28, 2016 | $0.012 | OrdinaryDividend |
| Dec 13, 2016 | $0.154 | CapitalGainShortTerm |
| Dec 13, 2016 | $0.459 | CapitalGainLongTerm |
| Sep 28, 2016 | $0.020 | OrdinaryDividend |
| Jun 28, 2016 | $0.021 | OrdinaryDividend |
| Mar 29, 2016 | $0.059 | OrdinaryDividend |
| Dec 29, 2015 | $0.004 | OrdinaryDividend |
| Sep 28, 2015 | $0.022 | OrdinaryDividend |
| Jun 26, 2015 | $0.023 | OrdinaryDividend |
| Mar 27, 2015 | $0.051 | OrdinaryDividend |
| Dec 11, 2014 | $0.411 | CapitalGainShortTerm |
| Dec 11, 2014 | $0.234 | CapitalGainLongTerm |
| Sep 26, 2014 | $0.006 | OrdinaryDividend |
| Jun 26, 2014 | $0.015 | OrdinaryDividend |
| Mar 27, 2014 | $0.010 | OrdinaryDividend |
| Dec 27, 2013 | $0.021 | OrdinaryDividend |
| Dec 12, 2013 | $0.497 | CapitalGainShortTerm |
| Dec 12, 2013 | $0.842 | CapitalGainLongTerm |
| Sep 26, 2013 | $0.019 | OrdinaryDividend |
| Jun 26, 2013 | $0.027 | OrdinaryDividend |
| Mar 26, 2013 | $0.021 | OrdinaryDividend |
| Dec 27, 2012 | $0.034 | OrdinaryDividend |
| Dec 06, 2012 | $0.049 | CapitalGainShortTerm |
| Dec 06, 2012 | $0.099 | CapitalGainLongTerm |
| Sep 27, 2012 | $0.018 | OrdinaryDividend |
| Jun 28, 2012 | $0.022 | OrdinaryDividend |
| Mar 29, 2012 | $0.018 | OrdinaryDividend |
| Dec 29, 2011 | $0.036 | OrdinaryDividend |
| Dec 15, 2011 | $0.553 | CapitalGainShortTerm |
| Dec 15, 2011 | $0.107 | CapitalGainLongTerm |
| Sep 29, 2011 | $0.027 | OrdinaryDividend |
| Jun 29, 2011 | $0.001 | OrdinaryDividend |
| Mar 30, 2011 | $0.048 | OrdinaryDividend |
| Dec 30, 2010 | $0.033 | OrdinaryDividend |
| Dec 09, 2010 | $0.132 | CapitalGainShortTerm |
| Dec 09, 2010 | $0.026 | CapitalGainLongTerm |
| Sep 30, 2010 | $0.012 | OrdinaryDividend |
| Jun 30, 2010 | $0.034 | OrdinaryDividend |
| Dec 31, 2009 | $0.054 | OrdinaryDividend |
TCVAX - Fund Manager Analysis
Managers
R. Vingers
Start Date
Tenure
Tenure Rank
Oct 10, 2014
7.64
7.6%
Todd Vingers joined LMCG in June 2002 as the head of the Value team and Lead Portfolio Manager. Mr. Vingers is a member of LMCG’s Board of Directors. Prior to joining the firm, Mr. Vingers served as Vice President and senior portfolio manager for American Century Investments. Prior to joining American Century, he was a valuation analyst for the Hawthorne Company. He holds a BA from the University of St. Thomas and an MBA from the University of Chicago Booth School of Business. Mr. Vingers is a CFA charterholder and a member of the CFA Institute.
Jay Willadsen
Start Date
Tenure
Tenure Rank
Oct 10, 2014
7.64
7.6%
Jay Willadsen joined the Value team in March 2003 as a research analyst and became the Co-Portfolio Manager on LMCG’s Mid Cap Value portfolio in October 2014. Prior to joining LMCG Jay served as a Senior Vice President for Independence Investment, LLC, an institutional asset manager located in Boston. Previously, he researched equity stocks for the Indiana University Foundation. Mr. Willadsen was also an associate national bank examiner for the Comptroller of Currency in Omaha, NE. Mr. Willadsen holds a BA from Buena Vista University and an MBA from Indiana University. He is a CFA charterholder, a member of the CFA Institute and the Boston Bank Analyst Society.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 35.59 | 8.15 | 10.92 |
