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Name

As of

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 Merger Arbitrage Fund

TMGAX |

-

$43.6 M

-

2.19%

Vitals

YTD Return

N/A

1 yr return

4.4%

3 Yr Avg Return

2.2%

5 Yr Avg Return

1.8%

Net Assets

$43.6 M

Holdings in Top 10

32.1%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.19%

SALES FEES

Front Load 5.00%

Deferred Load N/A

TRADING FEES

Turnover 214.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,500

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

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 Merger Arbitrage Fund

TMGAX |

-

$43.6 M

-

2.19%

TMGAX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.41%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Touchstone Merger Arbitrage Fund
  • Fund Family Name
    Touchstone
  • Inception Date
    Aug 09, 2011
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

TMGAX - Performance

Return Ranking - Trailing

Period TMGAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -13.0% 17.1% N/A
1 Yr 4.4% -33.5% 5.0% N/A
3 Yr 2.2%* -15.3% 5.9% N/A
5 Yr 1.8%* -22.7% 2.3% N/A
10 Yr N/A* -14.0% 13.9% N/A

* Annualized

Return Ranking - Calendar

Period TMGAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -27.8% 6.2% N/A
2022 N/A -21.2% 6.1% N/A
2021 N/A -8.4% 7.9% N/A
2020 N/A -71.0% 5.6% N/A
2019 N/A -7.6% 5.2% N/A

Total Return Ranking - Trailing

Period TMGAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -13.0% 17.1% N/A
1 Yr -0.9% -33.5% 8.8% N/A
3 Yr 0.5%* -13.2% 7.6% N/A
5 Yr 0.7%* -22.7% 4.1% N/A
10 Yr N/A* -14.0% 15.5% N/A

* Annualized

Total Return Ranking - Calendar

Period TMGAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -27.8% 8.0% N/A
2022 N/A -9.9% 7.0% N/A
2021 N/A -8.4% 11.2% N/A
2020 N/A -71.0% 5.6% N/A
2019 N/A -7.6% 6.4% N/A

TMGAX - Holdings

Concentration Analysis

TMGAX Category Low Category High TMGAX % Rank
Net Assets 43.6 M 8.31 M 7.94 B N/A
Number of Holdings 104 8 1081 N/A
Net Assets in Top 10 16.1 M -1.78 B 552 M N/A
Weighting of Top 10 32.10% 5.9% 947.2% N/A

Top 10 Holdings

  1. Capitol Investment Corp IV Units Cons of 1 Class A Shs + 1/3 of 1 redeemabl 4.00%
  2. Gores Holdings III Inc Units (1 Ord Class A & 1/3 War) 3.93%
  3. Nrc Group Holdings Corp 3.84%
  4. Social Capital Hedosophia Holdings Corp Units Cons of 1 Cl A Sh + 1/3 Wt 3.73%
  5. Gores Metropoulos Inc Units (1 Class A & 1/3 War) 3.12%
  6. Collier Creek Holdings Units 2.98%
  7. DiamondPeak Holdings Corp Unit (1 Ordinary share Cls A & 1/3 Wrt) 2.69%
  8. GS Acquisition Holdings Corp Unit 2.66%
  9. TPG Pace Holdings Corp Class A 2.60%
  10. Acamar Partners Acquisition Corp Unit (1 Ordinary Class A & 0.33 War) 2.57%

Asset Allocation

Weighting Return Low Return High TMGAX % Rank
Stocks 		92.19% -33.31% 100.96% N/A
Preferred Stocks 		3.84% -0.69% 10.66% N/A
Bonds 		2.79% -47.88% 30.25% N/A
Cash 		1.18% -9.61% 132.20% N/A
Other 		0.00% -4.02% 93.48% N/A
Convertible Bonds 		0.00% 0.00% 77.54% N/A

Stock Sector Breakdown

Weighting Return Low Return High TMGAX % Rank
Industrials 		82.28% -2.10% 328.02% N/A
Financial Services 		2.03% -2.63% 20.52% N/A
Consumer Cyclical 		1.93% -7.91% 743.61% N/A
Technology 		1.54% -705.25% 32.80% N/A
Healthcare 		1.22% -7.96% 73.95% N/A
Utilities 		0.00% -26.15% 8.92% N/A
Real Estate 		0.00% -70.72% 6.21% N/A
Communication Services 		0.00% -269.20% 5.75% N/A
Consumer Defense 		0.00% -193.88% 32.21% N/A
Basic Materials 		0.00% -33.88% 9.25% N/A
Energy 		-0.15% -5.65% 191.94% N/A

Stock Geographic Breakdown

Weighting Return Low Return High TMGAX % Rank
US 		89.53% -32.17% 109.63% N/A
Non US 		2.66% -112.79% 54.85% N/A

Bond Sector Breakdown

Weighting Return Low Return High TMGAX % Rank
Corporate 		6.63% -0.70% 87.45% N/A
Cash & Equivalents 		1.18% -10.16% 132.18% N/A
Derivative 		0.00% -68.08% 3.30% N/A
Securitized 		0.00% 0.00% 35.43% N/A
Municipal 		0.00% 0.00% 3.44% N/A
Government 		0.00% -29.73% 21.36% N/A

Bond Geographic Breakdown

Weighting Return Low Return High TMGAX % Rank
US 		2.79% -83.47% 30.25% N/A
Non US 		0.00% 0.00% 35.59% N/A

TMGAX - Expenses

Operational Fees

TMGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.19% 0.77% 4.58% N/A
Management Fee 1.05% 0.13% 2.00% N/A
12b-1 Fee 0.25% 0.00% 1.00% N/A
Administrative Fee 0.15% 0.04% 0.40% N/A

Sales Fees

TMGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.00% 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

TMGAX 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.

TMGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 214.00% 64.00% 4753.00% N/A

TMGAX - Distributions

Dividend Yield Analysis

TMGAX Category Low Category High TMGAX % Rank
Dividend Yield 0.00% 0.00% 0.11% N/A

Dividend Distribution Analysis

TMGAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

TMGAX Category Low Category High TMGAX % Rank
Net Income Ratio -0.41% -2.09% 2.72% N/A

Capital Gain Distribution Analysis

TMGAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

TMGAX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 28.84 6.42 5.54

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