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Touchstone Flexible Income Y MXIIX

Analyst rating as of | See Touchstone Investments Investment Hub
  • NAV / 1-Day Return 10.07  /  0.20 %
  • Total Assets 814.0 Mil
  • Adj. Expense Ratio
  • Expense Ratio 0.910%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.16%
  • Effective Duration 2.13 years

Morningstar’s Analysis MXIIX

Will MXIIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

True to its name, but flexibility adds risk here.

Summary

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An experienced trio runs Touchstone Flexible Income, using a wide-ranging mandate that often introduces risk with its sector shifts and concentrated bets. That risk, plus a recent portfolio manager departure and a relatively lean analyst team, are drawbacks. The strategy earns a Morningstar Analyst Rating of Neutral for its cheapest share classes and Negative for the more expensive C share class.

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