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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$17.21

$4.08 B

1.49%

$0.37

1.09%

Vitals

YTD Return

9.5%

1 yr return

25.5%

3 Yr Avg Return

5.1%

5 Yr Avg Return

7.4%

Net Assets

$4.08 B

Holdings in Top 10

38.8%

52 WEEK LOW AND HIGH

$17.3
$13.98
$17.83

Expenses

OPERATING FEES

Expense Ratio 1.09%

SALES FEES

Front Load 5.75%

Deferred Load N/A

TRADING FEES

Turnover 68.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$500

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$17.21

$4.08 B

1.49%

$0.37

1.09%

FDSAX - Profile

Distributions

  • YTD Total Return 9.5%
  • 3 Yr Annualized Total Return 3.0%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.60%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Touchstone Dividend Equity Fund
  • Fund Family Name
    AIG
  • Inception Date
    Jun 08, 1998
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Timothy Campion

Fund Description

The Fund’s principal investment strategy is value. The value oriented philosophy to which the Fund subscribes is that of investing in securities believed to be undervalued in the market. The selection criteria is usually calculated to identify stocks of companies with solid financial strength that have attractive valuations (e.g., as measured by low price earnings ratios) and that may have generally been overlooked by the market.The principal investment technique of the Fund is to employ a “buy and hold” strategy with up to thirty high dividend yielding equity securities selected annually from the Dow Jones Industrial Average and broader market. At least 80% of the Fund’s net assets, plus any borrowings for investment purposes, will be invested in dividend yielding equity securities.The Fund will select up to thirty high dividend yielding common stocks, which will be evaluated and adjusted at the discretion of the portfolio managers on an annual basis. The first ten stocks selected will represent the ten highest yielding stocks within the Dow Jones Industrial Average. The next twenty stocks will be selected from the Russell 1000® Index, although stocks in the financials and utilities sectors will generally be excluded from this twenty-stock selection process. Certain stocks in the Russell 1000® Index may also be excluded as a result of liquidity screens or industry-related caps applied during the selection process. The selection criteria used to select stocks for the twenty-stock portion of the Fund will generally include dividend yield as well as a combination of factors that relate to profitability and valuation. Selections for the Fund may include securities of foreign issuers, but such securities may not exceed 20% of the Fund at the time of the annual rebalancing. While the securities selection process will take place on an annual basis, the portfolio managers may, from time to time, substitute certain securities for those selected for the Fund or reduce the position size of a portfolio security in between the annual rebalancings, under certain limited circumstances. These circumstances will generally include where a security held by the Fund no longer meets the dividend yielding criteria, when the value of a security becomes a disproportionately large percentage of the Fund’s holdings, when the size of the Fund’s position in a security has the potential to create market liquidity or other issues in connection with the annual rebalancing or efficient management of the Fund, or to maintain an industry-related cap, each at the discretion of the portfolio managers.The annual consideration of the stocks that meet the selection criteria will take place on or about the end of the Fund’s fiscal year (October 31). Immediately after the Fund buys and sells stock in connection with the Fund’s annual rebalancing, it will hold approximately an equal value of each of the thirty stocks. In other words, the Fund will invest about 1/30 of its assets in each of the stocks that make up its portfolio. Thereafter, when an investor purchases shares of the Fund, SunAmerica Asset Management, LLC (“SunAmerica”) will generally invest additional funds in the pre-selected stocks based on each stock’s respective percentage of the Fund’s assets at the time.The Fund employs a strategy to hold stocks between its annual rebalancing, even if there are adverse developments concerning a particular stock, an industry, the economy or the stock market generally. Due to changes in the market value of the stocks held by the Fund, it is likely that the weighting of the stocks in its portfolio will fluctuate throughout the course of the year.The principal investment strategies and principal investment techniques of the Fund may be changed without shareholder approval. You will receive at least sixty (60) days’ notice of any change to the 80% investment policy set forth above.
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FDSAX - Performance

Return Ranking - Trailing

Period FDSAX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.5% -88.1% 41.1% 95.81%
1 Yr 25.5% -11.4% 102.8% 97.61%
3 Yr 5.1%* -1.8% 24.5% 97.94%
5 Yr 7.4%* 2.5% 21.7% 96.56%
10 Yr 10.5%* 1.1% 17.7% 64.55%

* Annualized

Return Ranking - Calendar

Period FDSAX Return Category Return Low Category Return High Rank in Category (%)
2022 -9.5% -26.7% 285.0% 91.13%
2021 12.4% -32.1% 76.3% 86.95%
2020 -17.6% -62.4% 16.7% 61.50%
2019 9.0% -72.0% 37.9% 53.38%
2018 11.8% -61.4% 31.0% 36.13%

Total Return Ranking - Trailing

Period FDSAX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.5% -88.1% 41.1% 95.81%
1 Yr 18.3% -11.4% 102.8% 99.27%
3 Yr 3.0%* -1.8% 24.5% 98.59%
5 Yr 6.1%* 2.1% 21.7% 97.82%
10 Yr 9.9%* 0.9% 17.7% 79.77%

* Annualized

Total Return Ranking - Calendar

Period FDSAX Return Category Return Low Category Return High Rank in Category (%)
2022 -9.5% -26.7% 285.0% 91.13%
2021 12.4% -32.1% 76.3% 87.04%
2020 -11.9% -37.1% 17.4% 52.87%
2019 20.3% -9.5% 37.9% 8.37%
2018 15.4% -27.9% 32.2% 28.34%

NAV & Total Return History


FDSAX - Holdings

Concentration Analysis

FDSAX Category Low Category High FDSAX % Rank
Net Assets 4.08 B 200 126 B 21.59%
Number of Holdings 32 2 1665 82.91%
Net Assets in Top 10 1.72 B 1.41 K 28.6 B 11.97%
Weighting of Top 10 38.84% 5.2% 100.0% 21.60%

Top 10 Holdings

  1. Cummins Inc 4.62%
  2. JPMorgan Chase & Co 4.59%
  3. NetApp Inc 4.19%
  4. Caterpillar Inc 4.17%
  5. Chevron Corp 4.04%
  6. Walgreens Boots Alliance Inc 3.99%
  7. Dow Inc 3.88%
  8. Broadcom Inc 3.78%
  9. NortonLifeLock Inc 3.78%
  10. HP Inc 3.74%

Asset Allocation

Weighting Return Low Return High FDSAX % Rank
Stocks
99.38% 51.79% 145.54% 43.37%
Cash
0.62% -75.04% 21.41% 52.88%
Preferred Stocks
0.00% 0.00% 14.67% 18.38%
Other
0.00% -6.11% 26.80% 14.69%
Convertible Bonds
0.00% 0.00% 9.18% 12.82%
Bonds
0.00% 0.00% 72.71% 15.79%

Stock Sector Breakdown

Weighting Return Low Return High FDSAX % Rank
Technology
25.77% 0.00% 54.02% 2.14%
Consumer Defense
22.86% 0.00% 37.87% 3.96%
Healthcare
19.72% 0.00% 36.74% 9.22%
Industrials
9.89% 0.00% 44.94% 76.36%
Consumer Cyclical
6.31% 0.00% 34.87% 62.86%
Financial Services
4.62% 0.00% 55.04% 96.17%
Energy
4.07% 0.00% 26.93% 68.64%
Basic Materials
3.90% 0.00% 26.24% 44.03%
Communication Services
2.87% 0.00% 25.29% 88.31%
Utilities
0.00% 0.00% 31.25% 87.92%
Real Estate
0.00% 0.00% 97.80% 80.78%

Stock Geographic Breakdown

Weighting Return Low Return High FDSAX % Rank
US
99.38% 26.40% 143.94% 14.11%
Non US
0.00% 0.00% 47.25% 86.02%

FDSAX - Expenses

Operational Fees

FDSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.09% 0.01% 4.02% 24.68%
Management Fee 0.47% 0.00% 1.69% 31.25%
12b-1 Fee 0.35% 0.00% 1.00% 62.37%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FDSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.00% 5.75% 0.43%
Deferred Load N/A 0.95% 5.50% N/A

Trading Fees

FDSAX 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.

FDSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 68.00% 0.00% 488.00% 68.26%

FDSAX - Distributions

Dividend Yield Analysis

FDSAX Category Low Category High FDSAX % Rank
Dividend Yield 1.49% 0.00% 1.36% 15.20%

Dividend Distribution Analysis

FDSAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Monthly

Net Income Ratio Analysis

FDSAX Category Low Category High FDSAX % Rank
Net Income Ratio 3.60% -3.83% 5.38% 2.20%

Capital Gain Distribution Analysis

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

Distributions History

View More +

FDSAX - Fund Manager Analysis

Managers

Timothy Campion


Start Date

Tenure

Tenure Rank

Oct 18, 2013

7.7

7.7%

Mr. Campion joined SunAmerica in February 2012. Before joining SunAmerica, he held investment-related positions at PineBridge Investments, LLC, and AIG Investments where he was part of the asset allocation team. While there, he was also responsible for management and trading of a wide variety of index funds, including domestic and international equities and fixed-income securities. Mr. Campion received a B.A. in History from Middlebury College. His investment experience dates from 1996

Timothy Pettee


Start Date

Tenure

Tenure Rank

Oct 18, 2013

7.7

7.7%

Mr. Pettee is Senior Vice President, Chief Investment Officer and Chief Investment Strategist at SAAMCo and heads its Rules-Based Investments Team. Prior to SunAmerica, Mr. Pettee was Executive Vice President and Global Director of Research for Schroder Investment Management. Prior to Schroder, he was Director of Research with U.S. Trust Company of New York and co-managed that firm’s small-cap retail funds and research core products. He also held several positions in research and portfolio management at Alliance Capital Management.

Andrew Sheridan


Start Date

Tenure

Tenure Rank

Oct 18, 2013

7.7

7.7%

Mr. Sheridan, Vice President, Portfolio Manager and Senior Research Analyst, joined SAAMCo in 2003. In addition to his portfolio management responsibilities, Mr. Sheridan is a member of the SAAMCo research team, covering the technology industry. Prior to joining SunAmerica, he worked in the research department at U.S. Trust and the market research division of Greenwich Associates.

Jane Bayar Algieri


Start Date

Tenure

Tenure Rank

Dec 31, 2019

1.5

1.5%

Ms. Bayar joined SunAmerica Asset Management, LLC in 2004. She is a Portfolio Manager on index and social funds. Previously at SunAmerica Asset Management, LLC. Ms. Bayar was an equity analyst and assistant portfolio manager on fixed income funds. Ms. Bayar received her B.A. from Baruch College and her M.B.A. from Rutgers School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 85.67 7.16 5.79