Touchstone Ultra Short Duration’s focus on securitized products is well thought but adds more risk and is supported by a relatively lean dedicated securitized analyst cohort. It earns a Morningstar Medalist Rating of Neutral for its cheaper share classes, and Negative for more expensive ones.
Touchstone Ultra Short Dur F/I Z TSDOX
- NAV / 1-Day Return 9.17 / +0.01 %
- Total Assets 480.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.650%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity High/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 4.39%
- Effective Duration 0.59 years
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:18 PM GMT+0
Morningstar’s Analysis TSDOX
Will TSDOX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CVS Health Corp 5.40324% | 2.64 | 13.0 Mil | Cash and Equivalents |
MONTANA-DAKOTA UTILS CO DISC | 2.62 | 12.9 Mil | Cash and Equivalents |
The J M Smucker Company | 2.44 | 12.0 Mil | Cash and Equivalents |
Gls Auto Receivables Trust 3.68% | 2.07 | 10.2 Mil | Securitized |
Orange & Rockland Utilities Inc. | 2.03 | 10.0 Mil | Cash and Equivalents |
BHMS Mortgage Trust 6.87233% | 1.65 | 8.1 Mil | Securitized |
EXETER AUTOMOBILE RECEIVABLES TRUST 2022-4 4.92% | 1.65 | 8.1 Mil | Securitized |
Bxmt 2020-Fl2 Ltd / Llc 6.58981% | 1.60 | 7.9 Mil | Securitized |
DELL EQUIPMENT FINANCE TRUST 2022-1 2.94% | 1.59 | 7.8 Mil | Securitized |
CSMC TRUST 3.85% | 1.58 | 7.8 Mil | Securitized |