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Trending ETFs

Name

As of 11/24/2023

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

$11.30

$58.4 M

1.36%

$0.15

1.67%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$58.4 M

Holdings in Top 10

98.1%

52 WEEK LOW AND HIGH

$11.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.67%

SALES FEES

Front Load 5.00%

Deferred Load N/A

TRADING FEES

Turnover 20.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/24/2023

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

$11.30

$58.4 M

1.36%

$0.15

1.67%

TSMAX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.26%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Touchstone Dynamic Allocation Fund
  • Fund Family Name
    Touchstone Funds
  • Inception Date
    Apr 16, 2012
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Nathan Palmer

Fund Description

The Fund is a “fund-of-funds,” which seeks to achieve its investment goal by primarily investing in a diversified portfolio of underlying equity and fixed-income funds. These underlying funds, in turn, invest in a variety of U.S. and foreign equity and fixed-income securities (although a portion of the Fund’s assets may be invested in cash, cash equivalents, or in money market funds). The underlying funds in which the Fund invests will be affiliated Touchstone Funds.The following table details, under normal circumstances, how the Fund generally expects to allocate its assets among equity and fixed-income funds, as of the date of this prospectus.AllocationsApproximate Allocation RangeApproximate Strategic AllocationEquity Fund Allocation45-75%60%Fixed-Income Fund Allocation25-55%40%The Fund may invest up to 45% of its assets in any individual underlying fund. Several of the underlying funds in which the Fund invests may invest without limit in securities of issuers outside of the United States. As a result, the Fund will have exposure to foreign markets (including emerging markets). The Fund, through its investment in underlying funds, may also be exposed to equity securities of companies of all market capitalizations, including small-, mid-, and large-cap companies. Though not expected to be a substantial part of the overall strategy of the Fund, the Fund, through its investment in underlying funds, will gain exposure to additional strategies and instruments of the underlying funds, including: collateralized loan obligations, derivatives (such as futures contracts, options, and swaps), and real estate investments.The Fund’s sub-adviser, Wilshire Advisors, LLC (“Wilshire”), seeks to develop an optimal model allocation among underlying funds that seeks to provide capital appreciation through global exposure to a broad array of assets classes and investment strategies. The underlying funds encompass funds with both growth and income objectives.Wilshire determines which underlying funds to utilize when making allocation decisions, subject to oversight by the Adviser. Wilshire, subject to approval by the Fund’s Adviser, may change the Fund’s target allocation to each asset class, the underlying funds in each asset class (including the addition or removal of funds from the universe of underlying funds), or target allocations to each underlying fund without prior approval from or notice to shareholders.For information on the underlying funds, please see the section entitled “Additional Information Regarding the Underlying Funds” under “Principal Investment Strategies and Risks” in the Fund’s prospectus.
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TSMAX - Performance

Return Ranking - Trailing

Period TSMAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -23.7% 16.4% 72.10%
1 Yr N/A -8.9% 48.3% 89.27%
3 Yr N/A* -2.2% 16.4% 69.93%
5 Yr N/A* -0.7% 13.4% 71.73%
10 Yr N/A* 0.9% 11.8% 60.17%

* Annualized

Return Ranking - Calendar

Period TSMAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -40.8% 20.6% 74.94%
2022 -20.9% -21.0% 24.5% 20.73%
2021 -0.6% -24.2% 27.8% 40.89%
2020 9.8% -23.1% 11.7% 87.81%
2019 13.5% -100.0% 20.6% 63.76%

Total Return Ranking - Trailing

Period TSMAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -23.7% 16.4% 71.03%
1 Yr N/A -12.8% 48.3% 96.82%
3 Yr N/A* -3.4% 16.4% 86.68%
5 Yr N/A* -1.1% 13.4% 85.58%
10 Yr N/A* 0.9% 11.8% 69.89%

* Annualized

Total Return Ranking - Calendar

Period TSMAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -40.8% 20.6% 74.94%
2022 -16.6% -21.0% 24.5% 20.73%
2021 5.1% -24.2% 27.8% 40.89%
2020 13.1% -23.1% 11.7% 91.07%
2019 18.0% -2.9% 23.1% 85.01%

NAV & Total Return History


TSMAX - Holdings

Concentration Analysis

TSMAX Category Low Category High TSMAX % Rank
Net Assets 58.4 M 1.12 M 110 B 84.67%
Number of Holdings 12 2 10961 89.77%
Net Assets in Top 10 57.3 M -31.7 M 22 B 65.14%
Weighting of Top 10 98.10% 10.8% 100.0% 11.31%

Top 10 Holdings

  1. Touchstone Funds Group Trust IMPACT BD INSTL 20.27%
  2. Touchstone Strategic Trust NON-US ESG INSTL 19.95%
  3. Touchstone Strategic Trust VALUE INSTL CL 16.91%
  4. Touchstone Inv Tst ACTIVE BD INSTL 13.17%
  5. Touchstone Strategic Trust GRW OPP INSTL 10.41%
  6. Touchstone Funds Group Trust SANDS CP GW INST 5.29%
  7. Touchstone Strategic Trust SANDS CP INSTL 3.94%
  8. Touchstone Funds Group Trust DURFXINC INSTL 3.11%
  9. Touchstone Inv Tst HIGH YLD INSTL 3.07%
  10. Touchstone Funds Group Trust MID CAP INSTL 1.98%

Asset Allocation

Weighting Return Low Return High TSMAX % Rank
Stocks
99.09% -45.72% 98.42% 65.14%
Cash
0.94% -97.12% 185.58% 69.94%
Convertible Bonds
0.15% 0.00% 25.49% 59.71%
Preferred Stocks
0.00% -0.03% 14.00% 75.57%
Other
0.00% -1.25% 197.12% 76.41%
Bonds
0.00% -39.76% 93.84% 17.75%

Stock Sector Breakdown

Weighting Return Low Return High TSMAX % Rank
Technology
16.28% 0.00% 39.48% 53.08%
Financial Services
16.02% 0.00% 30.34% 45.65%
Healthcare
12.97% 0.00% 30.30% 23.57%
Industrials
12.96% 0.09% 32.39% 16.35%
Consumer Cyclical
10.74% 0.00% 20.84% 26.33%
Communication Services
10.45% 0.00% 28.59% 5.10%
Consumer Defense
6.78% 0.00% 31.85% 40.98%
Basic Materials
5.09% 0.00% 60.23% 66.24%
Energy
3.81% 0.00% 38.61% 88.75%
Real Estate
3.46% 0.00% 90.14% 57.54%
Utilities
1.46% 0.00% 40.29% 84.50%

Stock Geographic Breakdown

Weighting Return Low Return High TSMAX % Rank
US
99.09% -4.82% 95.75% 51.15%
Non US
0.00% -46.69% 57.06% 54.28%

TSMAX - Expenses

Operational Fees

TSMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.67% 0.16% 2.71% 48.64%
Management Fee 0.25% 0.00% 1.70% 19.27%
12b-1 Fee 0.25% 0.00% 1.00% 24.70%
Administrative Fee 0.15% 0.01% 0.70% 65.26%

Sales Fees

TSMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.00% 0.00% 5.75% 59.77%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

TSMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 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.

TSMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 0.00% 441.00% 7.89%

TSMAX - Distributions

Dividend Yield Analysis

TSMAX Category Low Category High TSMAX % Rank
Dividend Yield 1.36% 0.00% 10.92% 44.91%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TSMAX Category Low Category High TSMAX % Rank
Net Income Ratio 1.26% -5.20% 6.33% 58.61%

Capital Gain Distribution Analysis

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

Distributions History

View More +

TSMAX - Fund Manager Analysis

Managers

Nathan Palmer


Start Date

Tenure

Tenure Rank

Nov 24, 2015

6.52

6.5%

Nathan Palmer is a managing director of Wilshire Associates and heads Wilshire Funds Management’s Portfolio Management Group. Mr. Palmer has more than 20 years of industry experience and is responsible for creating multi-asset class, multi-manager investment solutions for financial intermediary clients. He is the Chair of Wilshire Funds Management’s Investment Committee and Retirement Oversight Committee. Prior to joining Wilshire Associates, Mr. Palmer provided investment advice to endowment, foundation, and family office clients at Convergent Wealth Advisors. Previously, he managed the public market investment portfolios for the endowment at the California Institute of Technology and for the defined benefit and defined contribution retirement assets at Intel Corporation. Mr. Palmer began his career as a securities analyst, where he published equity research on the technology, media, and telecom industries. Mr. Palmer graduated phi beta kappa and cum laude from the University of Washington with a BA in business administration. He holds an MBA with High Distinction from the Stern School of Business, New York University, graduating as an Armando John Garville Memorial Scholar. Mr. Palmer holds the Chartered Financial Analyst® designation and is an active member of CFA Institute and CFA Society Los Angeles.

Anthony Wicklund


Start Date

Tenure

Tenure Rank

Nov 24, 2015

6.52

6.5%

Tony Wicklund is a managing director of Wilshire Associates and a portfolio manager with Wilshire Funds Management. Mr. Wicklund has over 17 years of industry experience and is a portfolio manager for multi-manager portfolios, including target-risk, target-date, and alternative portfolios for a range of financial intermediary clients. Prior to joining Wilshire Associates in 2013, Mr. Wicklund was the director of risk management at Convergent Wealth Advisors, where he led the firm’s investment risk management and operational due diligence efforts. Additionally, he served as chairman of the firm’s Risk Management Oversight Committee and was a voting member of the Investment Committee. Previously, Mr. Wicklund was a senior analyst at Pacific Seafood where he evaluated acquisition targets, coordinated the integration of acquired companies, and performed internal operational audits and capital expenditure analyses. Mr. Wicklund earned his BS in business administration, with a concentration in finance from the University of Oregon. He also holds an MBA from the Marshall School of Business, University of Southern California, with a concentration in investments and financial markets. Mr. Wicklund holds the Chartered Financial Analyst® and Chartered Alternative Investment Analyst designations, and is a member of CFA Society Los Angeles, CFA Institute, and the CAIA Association.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 30.27 6.52 9.25