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Touchstone Small Cap Fund
mutual fund
TSFAX
Payout Change
Pending
Price as of:
$15.23
-0.02
-0.13%
primary theme
U.S. Small-Cap Blend Equity
share class
TSFAX (Mutual Fund)
Touchstone Small Cap Fund
Payout Change
Pending
Price as of:
$15.23
-0.02
-0.13%
primary theme
U.S. Small-Cap Blend Equity
share class
TSFAX (Mutual Fund)
Touchstone Small Cap Fund
Payout Change
Pending
Price as of:
$15.23
-0.02
-0.13%
primary theme
U.S. Small-Cap Blend 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
9.9%
1 yr return
9.3%
3 Yr Avg Return
6.7%
5 Yr Avg Return
9.3%
Net Assets
$255 M
Holdings in Top 10
41.2%
52 WEEK LOW AND HIGH
$15.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.83%
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
TSFAX - Profile
Distributions
- YTD Total Return 9.9%
- 3 Yr Annualized Total Return 6.7%
- 5 Yr Annualized Total Return 9.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.39%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameTouchstone Small Cap Fund
-
Fund Family NameTouchstone Funds
-
Inception DateSep 30, 2009
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJonathan Moody
Fund Description
The Fund invests, under normal conditions, at least 80% of its net assets (including borrowings for investment purposes) in common stocks of small capitalization U.S. companies. This is a non-fundamental policy that the Fund can change upon 60 days’ prior notice to shareholders. For purposes of the Fund, a small capitalization company has a market capitalization within the range of market capitalization represented in the Russell 2000® Index (between $25 million to $15.9 billion as of December 31, 2023), the S&P SmallCap 600 Index (between $330 million to $8.2 billion as of December 31, 2023), or the Dow Jones U.S. Small Cap Total Stock Market Index (between $25 million to $34.9 billion as of December 31, 2023) at the time of purchase. The size of the companies in these indices will change with market conditions.The sub-adviser, London Company of Virginia, LLC d/b/a The London Company (“The London Company”), seeks to purchase financially stable small-cap companies that The London Company believes are consistently generating high returns on unleveraged operating capital, run by shareholder-oriented management, and trading at a discount to their respective market prices. Guiding principles of The London Company’s small-cap philosophy include: (1) a focus on cash return on tangible capital, not earnings per share, (2) the value of a company is determined by cash inflows and outflows discounted by the optimal cost of capital, (3) a focused investment approach (not diversifying excessively) is essential to good investment results, and (4) low turnover and tax sensitivity enhances real returns.The Fund will hold securities of approximately 30 to 40 companies. The London Company invests for the long term and attempts to minimize turnover in an effort to reduce transaction costs and taxes.The Fund may invest a high percentage of its assets in specific sectors of the market in order to achieve a potentially greater investment return.
Read More
TSFAX - Performance
Return Ranking - Trailing
| Period | TSFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.9% | -7.8% | 33.6% | 62.67% |
| 1 Yr | 9.3% | -7.9% | 32.6% | 64.95% |
| 3 Yr | 6.7%* | -13.3% | 40.5% | 9.25% |
| 5 Yr | 9.3%* | -13.3% | 31.2% | 31.33% |
| 10 Yr | 5.6%* | -3.4% | 12.6% | 91.28% |
* Annualized
Return Ranking - Calendar
| Period | TSFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.6% | -19.9% | 29.0% | 25.05% |
| 2022 | -11.6% | -59.3% | 118.2% | 6.15% |
| 2021 | 5.3% | -31.6% | 39.3% | 67.19% |
| 2020 | 8.2% | -51.0% | 39.5% | 61.92% |
| 2019 | 15.7% | -5.6% | 37.8% | 79.92% |
Total Return Ranking - Trailing
| Period | TSFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.9% | -7.8% | 33.6% | 62.67% |
| 1 Yr | 9.3% | -7.9% | 32.6% | 64.95% |
| 3 Yr | 6.7%* | -13.3% | 40.5% | 9.25% |
| 5 Yr | 9.3%* | -13.3% | 31.2% | 31.33% |
| 10 Yr | 5.6%* | -3.4% | 12.6% | 91.28% |
* Annualized
Total Return Ranking - Calendar
| Period | TSFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.4% | -11.7% | 31.8% | 12.81% |
| 2022 | -10.0% | -45.2% | 123.7% | 9.42% |
| 2021 | 19.8% | 0.0% | 45.6% | 70.90% |
| 2020 | 9.9% | -50.5% | 46.9% | 67.54% |
| 2019 | 26.5% | 2.2% | 40.9% | 28.03% |
NAV & Total Return History
TSFAX - Holdings
Concentration Analysis
| TSFAX | Category Low | Category High | TSFAX % Rank | |
|---|---|---|---|---|
| Net Assets | 255 M | 555 K | 167 B | 65.78% |
| Number of Holdings | 37 | 2 | 2445 | 96.39% |
| Net Assets in Top 10 | 116 M | 124 K | 10.3 B | 38.59% |
| Weighting of Top 10 | 41.25% | 3.1% | 100.1% | 7.06% |
Top 10 Holdings
- ACI Worldwide Inc COM USD0.005 4.83%
- White Mountains Insurance Group Ltd. COM USD1 4.77%
- Landstar System Inc. COM USD0.01 4.65%
- Moelis Co. COM USD0.01 CL'A' 4.24%
- Armstrong World Industries, Inc. COM STK USD0.01 4.13%
- Tempur Sealy International Inc COM USD0.01 3.93%
- Essential Properties Realty Trust Inc. USD0.01 3.92%
- Matson Inc COM NPV 3.89%
- Atlantic Union Bankshares Corp COM USD1.33 3.60%
- Murphy USA Inc. COM USD0.01 3.29%
Asset Allocation
| Weighting | Return Low | Return High | TSFAX % Rank | |
|---|---|---|---|---|
| Stocks | 97.32% | 4.44% | 105.73% | 70.34% |
| Cash | 2.68% | 0.00% | 27.02% | 38.78% |
| Preferred Stocks | 0.00% | 0.00% | 5.13% | 97.72% |
| Other | 0.00% | -0.07% | 50.79% | 92.78% |
| Convertible Bonds | 0.00% | 0.00% | 3.17% | 97.71% |
| Bonds | 0.00% | 0.00% | 102.81% | 97.72% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | TSFAX % Rank | |
|---|---|---|---|---|
| Industrials | 28.20% | 2.46% | 37.42% | 5.00% |
| Consumer Cyclical | 17.54% | 0.99% | 47.79% | 4.42% |
| Technology | 12.47% | 0.00% | 43.95% | 75.00% |
| Financial Services | 10.86% | 0.00% | 35.52% | 93.65% |
| Basic Materials | 9.94% | 0.00% | 18.66% | 3.27% |
| Real Estate | 7.52% | 0.00% | 29.43% | 47.88% |
| Consumer Defense | 7.49% | 0.00% | 18.87% | 7.88% |
| Healthcare | 4.34% | 0.00% | 26.53% | 96.92% |
| Energy | 1.63% | 0.00% | 37.72% | 87.50% |
| Utilities | 0.00% | 0.00% | 18.58% | 100.00% |
| Communication Services | 0.00% | 0.00% | 14.85% | 100.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | TSFAX % Rank | |
|---|---|---|---|---|
| US | 97.32% | 2.58% | 105.73% | 64.45% |
| Non US | 0.00% | 0.00% | 97.07% | 97.72% |
TSFAX - Expenses
Operational Fees
| TSFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.83% | 0.01% | 38.30% | 12.40% |
| Management Fee | 0.85% | 0.00% | 1.50% | 80.15% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 69.17% |
| Administrative Fee | 0.15% | 0.01% | 0.45% | 67.68% |
Sales Fees
| TSFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.00% | 3.50% | 5.75% | 85.94% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| TSFAX 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.
| TSFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 33.00% | 1.00% | 314.00% | 34.66% |
TSFAX - Distributions
Dividend Yield Analysis
| TSFAX | Category Low | Category High | TSFAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.08% | 0.00% | 42.47% | 17.68% |
Dividend Distribution Analysis
| TSFAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| TSFAX | Category Low | Category High | TSFAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.39% | -2.40% | 2.49% | 34.62% |
Capital Gain Distribution Analysis
| TSFAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2023 | $0.012 | OrdinaryDividend |
| Dec 13, 2023 | $0.047 | CapitalGainShortTerm |
| Dec 13, 2023 | $0.387 | CapitalGainLongTerm |
| Dec 28, 2022 | $0.011 | OrdinaryDividend |
| Dec 09, 2022 | $0.208 | OrdinaryDividend |
| Dec 29, 2021 | $0.027 | OrdinaryDividend |
| Dec 09, 2021 | $1.777 | OrdinaryDividend |
| Dec 10, 2020 | $0.196 | OrdinaryDividend |
| Dec 11, 2019 | $1.093 | CapitalGainLongTerm |
| Dec 12, 2018 | $0.018 | CapitalGainShortTerm |
| Dec 12, 2018 | $3.380 | CapitalGainLongTerm |
| Dec 27, 2017 | $0.339 | OrdinaryDividend |
| Dec 13, 2017 | $2.988 | CapitalGainLongTerm |
| Dec 29, 2015 | $0.128 | OrdinaryDividend |
| Dec 29, 2014 | $0.001 | OrdinaryDividend |
| Dec 11, 2014 | $0.117 | CapitalGainShortTerm |
| Dec 11, 2014 | $1.472 | CapitalGainLongTerm |
| Dec 27, 2013 | $0.306 | OrdinaryDividend |
| Dec 12, 2013 | $0.295 | CapitalGainLongTerm |
| Dec 27, 2012 | $0.178 | OrdinaryDividend |
| Dec 06, 2012 | $0.000 | CapitalGainShortTerm |
| Dec 06, 2012 | $0.122 | CapitalGainLongTerm |
| Mar 21, 2012 | $0.001 | ExtraDividend |
| Dec 15, 2011 | $0.167 | CapitalGainLongTerm |
| May 27, 2011 | $0.000 | ExtraDividend |
| Dec 30, 2010 | $0.008 | OrdinaryDividend |
| Dec 09, 2010 | $0.000 | CapitalGainLongTerm |
TSFAX - Fund Manager Analysis
Managers
Jonathan Moody
Start Date
Tenure
Tenure Rank
Sep 30, 2009
12.67
12.7%
Jonathan Moody CFA, Principal and Portfolio Manager, joined The London Company of Virginia, LLC in 2002. He has served as a Portfolio Manager since 2002 and has been a Principal since 2010. Previously, he founded Primary Research Group. Mr. Moody started his career at Woodward and Associates in 1986, followed by analyst/portfolio manager positions at Piedmont Capital and Crestar Asset Management (now Trusco) in 1997 to 1998. Mr. Moody also worked at BB&T Capital Markets from 1999 to 2001. Mr. Moody performed his graduate studies in Biomedical Engineering at the University of North Carolina at Chapel Hill and received his BS in Electrical Engineering from the Virginia Military Institute in 1986. Mr. Moody is a CFA charterholder and a member of the CFA Society Virginia.
Stephen Goddard
Start Date
Tenure
Tenure Rank
Sep 30, 2009
12.67
12.7%
Stephen M. Goddard, CFA, is Founder, Managing Principal, Chief Investment Officer, Lead Portfolio Manager of The London Company, and heads the firm’s investment committee. Beginning his career as an analyst in 1985 for Scott & Stringfellow, followed by Senior Portfolio Management positions at CFB Advisory in 1988 and Flippin, Bruce & Porter in 1990. A CFA charterholder, member of the CFA Society Virginia, and a former Board member of the Virginia Asset Management Investment Corporation. Mr. Goddard earned his B.A. in Economics from Virginia Military Institute and a MBA from the University of Richmond. Mr. Goddard is a member of the Executive Advisory Council (EAC) of the Robins School of Business at the University of Richmond and also serves as a member of the Virginia Military Institute Foundation Investment Committee.
J. Brian Campbell
Start Date
Tenure
Tenure Rank
Dec 31, 2010
11.42
11.4%
J. Brian Campbell CFA, Co-Lead Portfolio Manager. He has served as Portfolio Manager since he joined The London Company of Virginia, LLC in 2010. Prior to joining The London Company, he was a Portfolio Manager and the Director of Research at Hilliard Lyons Capital Management from 2004 to 2010. He has over 15 years of investment experience.
Mark DeVaul
Start Date
Tenure
Tenure Rank
Dec 31, 2011
10.42
10.4%
Mark E. DeVaul CFA, CPA, Portfolio Manager. He has served as Portfolio Manager since he joined The London Company of Virginia, LLC in 2011. Previously he served as Portfolio Manager at Beacon Capital Management from 2010 to 2011 and Equity Research Analyst at Nuveen Investments from 2002 to 2009. He has over 20 years of investment experience.
Samuel Hutchings
Start Date
Tenure
Tenure Rank
Dec 31, 2015
6.42
6.4%
Sam Hutchings, CFA, Principal and Portfolio Manager, is jointly and primarily responsible for the management of the Fund. Prior to joining The London Company in 2015, he worked for FactSet Research Systems as a Senior Consultant and for Eaton Vance Investment Managers as a Research Associate. Mr. Hutchings has over 9 years of experience working in the investment management industry. Mr. Hutchings received his BA from the College of the Holy Cross and his MBA from the Darden School of Business at the University of Virginia. Mr. Hutchings is a CFA charterholder and a member of the CFA Society Virginia.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 49.61 | 7.17 | 2.58 |
