Touchstone Flexible Income’s veteran management and responsible approach to its wide-ranging mandate notwithstanding, the strategy does not stand out versus well-resourced peers.
Touchstone Flexible Income Instl TFSLX
- NAV / 1-Day Return 10.56 / +0.17 %
- Total Assets 1.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.860%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 500,000
- Status Open
- TTM Yield 4.02%
- Effective Duration 3.85 years
USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:20 PM GMT+0
Morningstar’s Analysis TFSLX
Will TFSLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 25.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Dreyfus Government Cash Mgmt Instl | 8.02 | 111.9 Mil | Cash and Equivalents |
United States Treasury Bonds 4.125% | 7.78 | 108.5 Mil | Government |
iShares 0-5 Year High Yield Corp Bd ETF | 3.18 | 44.4 Mil | — |
Wells Fargo & Co. 2.164% | 2.28 | 31.8 Mil | Corporate |
Sempra 4.875% | 2.09 | 29.1 Mil | Corporate |
BP Capital Markets PLC 4.875% | 2.01 | 28.0 Mil | Corporate |
JPMorgan Chase & Co. 2.595% | 1.72 | 24.0 Mil | Corporate |
Bank of America Corp. 0.981% | 1.68 | 23.5 Mil | Corporate |
The Charles Schwab Corporation 5.375% | 1.68 | 23.4 Mil | Corporate |
Wells Fargo & Co. 2.406% | 1.63 | 22.7 Mil | Corporate |