10/28/2024 | Press release | Distributed by Public on 10/28/2024 13:37
Class A
|
Class C
|
Class Y
|
Institutional
Class
|
|
Shareholder Fees (fees paid directly from your investment)
|
||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price)
|
3.25%
|
None
|
None
|
None
|
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or
the amount redeemed, whichever is less)
|
None
|
1.00%
|
None
|
None
|
Wire Redemption Fee
|
$15
|
$15
|
$15
|
$15
|
Annual Fund Operating Expenses (expenses that you pay each year as a
percentage of the value of your investment)
|
||||
Management Fees
|
0.40%
|
0.40%
|
0.40%
|
0.40%
|
Distribution and/or Shareholder Service (12b-1) Fees
|
0.25%
|
1.00%
|
None
|
None
|
Other Expenses
|
0.44%
|
1.83%
|
0.76%
|
0.37%
|
Total Annual Fund Operating Expenses
|
1.09%
|
3.23%
|
1.16%
|
0.77%
|
Fee Waiver and/or Expense Reimbursement(1)
|
(0.29)%
|
(1.73)%
|
(0.61)%
|
(0.29)%
|
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement(1)
|
0.80%
|
1.50%(2)
|
0.55%
|
0.48%
|
Assuming Redemption at End of Period
|
Assuming
No Redemption
|
||||
Class A
|
Class C
|
Class Y
|
Institutional
Class
|
Class C
|
|
1 Year
|
$404
|
$253
|
$56
|
$49
|
$153
|
3 Years
|
$632
|
$833
|
$308
|
$217
|
$833
|
5 Years
|
$879
|
$1,538
|
$579
|
$399
|
$1,538
|
10 Years
|
$1,585
|
$3,412
|
$1,355
|
$927
|
$3,412
|
Best Quarter:
|
4th Quarter 2023
|
6.86
%
|
Worst Quarter:
|
1st Quarter 2022
|
(5.90
)%
|
Year-To-Date:
|
9/30/2024
|
2.58
%
|
Average Annual Total Returns
For the periods ended December 31, 2023
|
1 Year
|
5 Years
|
10 Years
|
Touchstone Core Municipal Bond Fund - Class A
|
|||
Return Before Taxes
|
2.04
%
|
1.22
%
|
1.85
%
|
Return After Taxes on Distributions
|
2.01
%
|
1.21
%
|
1.84
%
|
Return After Taxes on Distributions and Sale of Fund Shares
|
2.20
%
|
1.46
%
|
2.04
%
|
Touchstone Core Municipal Bond Fund - Class C
|
|||
Return Before Taxes
|
3.71
%
|
0.84
%
|
1.74
%
|
Touchstone Core Municipal Bond Fund - Class Y
|
|||
Return Before Taxes
|
5.85
%
|
1.92
%
|
2.57
%
|
Touchstone Core Municipal Bond Fund - Institutional Class
|
|||
Return Before Taxes
|
5.93
%
|
1.94
%
|
2.59
%
|
Bloomberg Municipal Bond Index (reflects no deduction for fees,
expenses or taxes)
|
6.40
%
|
2.25
%
|
3.03
%
|
Sub-Adviser
|
Portfolio Managers
|
Investment Experience
with the Fund
|
Primary Title with
Sub-Adviser
|
Sage Advisory Services,
Ltd. Co.
|
Robert G. Smith, AIF®,
CIMC
|
Since October 2021
|
Co-Chief Investment
Officer, CEO & President
|
Jeffery S. Timlin, CFA,
CMT
|
Since October 2021
|
Co-Chief Investment
Officer, Managing
Director
|
|
Thomas H. Urano, CFA
|
Since October 2021
|
Principal and Managing
Director
|
Classes A, C, and Y
|
||
Initial
Investment
|
Additional
Investment
|
|
Regular Account
|
$2,500
|
$50
|
Retirement Account or Custodial Account under the Uniform Gifts/Transfers
to Minors Act
|
$1,000
|
$50
|
Investments through the Automatic Investment Plan
|
$100
|
$50
|
Institutional Class
|
||
Initial
Investment
|
Additional
Investment
|
|
Regular Account
|
$500,000
|
$50
|