Touchstone Ultra Short Duration's management team has established a solid long-term record, but its extensive use of potentially riskier structured fare in its conservative Morningstar Category warrant Morningstar Analyst Ratings of Neutral for its cheaper share classes, while its more expensive share class earns a Negative.
Will TSDIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TSDIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the TSDIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of TSDIX’s parent organization’s priorities and whether they’re in line with investors’ interests.