Skip to Content
Morningstar

Touchstone Core Municipal Bond A TOHAX

Morningstar Medalist Rating
Medalist Rating as of | See Touchstone Investments Investment Hub
  • NAV / 1-Day Return 10.28  /  0.19 %
  • Total Assets 50.6 Mil
  • Adj. Expense Ratio
    0.800%
  • Expense Ratio 0.800%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.29%
  • Effective Duration 6.61 years

USD | NAV as of Oct 03, 2023 | 1-Day Return as of Oct 03, 2023, 12:31 AM GMT+0

Morningstar’s Analysis TOHAX

Will TOHAX outperform in future?

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

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TOHAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the TOHAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of TOHAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Touchstone Core Municipal Bond A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings TOHAX

More TOHAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 95
  • Other Holdings 2
  • % Assets in Top 10 Holdings 14.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Dreyfus Government Cash Mgmt Instl

2.44
1,301,703
Cash and Equivalents

TOLEDO OHIO 4%

1.94
1,030,336
municipal

HAMILTON CNTY OHIO ECONOMIC DEV REV 5%

1.93
1,026,151
municipal

MIAMI-DADE CNTY FLA AVIATION REV 5%

1.48
787,186
municipal

DEKALB-JACKSON WTR SUPPLY DIST INC ALA 5%

1.44
765,716
municipal

ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5%

1.36
726,247
municipal

PENNSYLVANIA ST TPK COMMN TPK REV 5%

1.36
725,246
municipal

MILWAUKEE WIS 5%

1.26
668,576
municipal

WICHITA FALLS TEX INDPT SCH DIST 4%

1.25
664,803
municipal

WALTON CNTY FLA SCH BRD CTFS PARTN 5%

1.19
634,545
municipal