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 Y TSYYX
- NAV / 1-Day Return 9.18 / +0.12 %
- Total Assets 480.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.400%
- Distribution Fee Level 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 4.55%
- Effective Duration 0.59 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:23 PM GMT+0
Morningstar’s Analysis TSYYX
Will TSYYX 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 17.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Ameren Illinois Company | 4.17 | 20.0 Mil | Cash and Equivalents |
Peoples Gas Lt & Coke Co | 2.25 | 10.8 Mil | Cash and Equivalents |
Gls Auto Receivables Trust 3.68% | 2.10 | 10.1 Mil | Securitized |
Progress Residential 2019-SFR3 Trust 2.571% | 1.97 | 9.4 Mil | Securitized |
BPR TRUST 2021-KEN 7.42648% | 1.85 | 8.9 Mil | Securitized |
CSMC TRUST 3.85% | 1.71 | 8.2 Mil | Securitized |
BHMS Mortgage Trust 6.86991% | 1.69 | 8.1 Mil | Securitized |
Bxmt 2020-Fl2 Ltd / Llc 6.62629% | 1.69 | 8.1 Mil | Securitized |
EXETER AUTOMOBILE RECEIVABLES TRUST 2022-4 4.92% | 1.68 | 8.1 Mil | Securitized |
DELL EQUIPMENT FINANCE TRUST 2022-1 2.94% | 1.61 | 7.7 Mil | Securitized |