0001145549-22-036258.txt : 20220608 0001145549-22-036258.hdr.sgml : 20220608 20220608082719 ACCESSION NUMBER: 0001145549-22-036258 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20220331 FILED AS OF DATE: 20220608 DATE AS OF CHANGE: 20220608 EFFECTIVENESS DATE: 20220608 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOUCHSTONE STRATEGIC TRUST CENTRAL INDEX KEY: 0000711080 IRS NUMBER: 311276717 STATE OF INCORPORATION: MA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-03651 FILM NUMBER: 221002635 BUSINESS ADDRESS: STREET 1: 303 BROADWAY STREET 2: SUITE 1100 CITY: CINCINNATI STATE: OH ZIP: 45202-4203 BUSINESS PHONE: 5133628000 MAIL ADDRESS: STREET 1: 303 BROADWAY STREET 2: SUITE 1100 CITY: CINCINNATI STATE: OH ZIP: 45202-4203 FORMER COMPANY: FORMER CONFORMED NAME: COUNTRYWIDE STRATEGIC TRUST DATE OF NAME CHANGE: 19970303 FORMER COMPANY: FORMER CONFORMED NAME: MIDWEST STRATEGIC TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FINANCIAL INDEPENDENCE TRUST DATE OF NAME CHANGE: 19900604 0000711080 S000003123 Touchstone Global ESG Equity Fund C000008460 Touchstone Global ESG Equity Fund Class Y TIQIX C000008461 Touchstone Global ESG Equity Fund Class A TEQAX C000008463 Touchstone Global ESG Equity Fund Class C TEQCX C000156058 Touchstone Global ESG Equity Fund Institutional Class TROCX 0000711080 S000003124 Mid Cap Growth Fund C000008464 Mid Cap Growth Fund Class A TEGAX C000008466 Mid Cap Growth Fund Class C TOECX C000074340 Mid Cap Growth Fund Class Y TEGYX C000101896 Mid Cap Growth Fund Institutional Class TEGIX C000217963 Class R6 TFGRX 0000711080 S000003125 Growth Opportunities Fund C000008467 Growth Opportunities Fund Class A TGVFX C000008469 Growth Opportunities Fund Class C TGVCX C000074341 Growth Opportunities Fund Class Y TGVYX C000074342 Growth Opportunities Fund Institutional Class TGVVX 0000711080 S000035683 Touchstone Focused Fund C000109254 A TFOAX C000109255 C TFFCX C000109256 Institutional TFFIX C000109257 Y TFFYX 0000711080 S000038009 Touchstone Flexible Income Fund C000117280 Class A FFSAX C000117281 Class C FRACX C000117282 Class Y MXIIX C000117283 Institutional Class TFSLX 0000711080 S000045166 Touchstone Sands Capital Emerging Markets Growth Fund C000140622 Class Y TSEMX C000140623 Institutional Class TSEGX C000206050 Class A TSMGX C000206051 Class C TEGCX C000227353 Class R6 TSRMX 0000711080 S000071603 Touchstone Strategic Income Opportunities Fund C000226976 Class C TQPCX C000226977 Class A TQPAX C000226978 Class Y TQPYX C000226979 Institutional Class TQPIX N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0000711080 XXXXXXXX false false false N-1A S000038009 true S000035683 true S000003125 true S000003124 true S000045166 true S000003123 true S000071603 true Touchstone Strategic Trust 811-03651 0000711080 5493006Z577I3GNQF624 303 Broadway, Suite 1100 Cincinnati 45202 US-OH US 8006388194 The Bank of New York Mellon 4400 Computer Drive Westborough 01581 18004419800 Records related to Fund Accounting, Transfer Agent, and Administration Brown Brothers Harriman & Co. 50 Post Office Square Boston 02110 6177721818 Records related to Custodial Services N N N-1A 19 N Jill T. 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ATUEL7OJR5057F2PV266 SG N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC Bank Malaysia Berhad P3RPN9OJFCXUPJWB1Q09 MY N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC France F0HUI1NY1AZMJMD8LP67 FR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) RBC Investor Services Trust 5493002MUOV04NSPT571 CA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC Bank PLC MP6I5ZYZBEU3UXPYFY54 GB N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC France F0HUI1NY1AZMJMD8LP67 FR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) N BNY Mellon Investment Servicing (U.S.) Inc. 549300CFZQLI9QMJ1Z03 N N N Touchstone Advisors, Inc. 549300I4UYUUNHSYOB43 Y N The Bank of New York Mellon HPFHU0OQ28E4N0NFVK49 N Y N Touchstone Securities, Inc. 008-14052 000001526 N/A 7841.000000000000 W&S Brokerage Services, Inc. 008-24674 000008099 N/A 6590.000000000000 Barclays Capital Inc. 8-41342-1 000019714 AC28XWWI3WIBK2824319 50257.050000000000 Instinet, LLC 8-23669-1 000007897 549300MGMN3RKMU8FT57 37092.970000000000 Morgan Stanley & Co. LLC 8-15869-1 000008209 9R7GPTSO7KV3UQJZQ078 18310.290000000000 Sanford C. Bernstein & Co., LLC 8-52942-1 000104474 549300I7JYZHT7D5CO04 16664.050000000000 UBS Securities LLC 8-22651-1 000007654 T6FIZBDPKLYJKFCRVK44 15060.670000000000 J.P. Morgan Securities LLC 8-35008-1 000000079 ZBUT11V806EZRVTWT807 14283.880000000000 Mizuho Securities USA LLC 8-37710-1 000019647 7TK5RJIZDFROZCA6XF66 10215.900000000000 Jefferies LLC 8-15074-1 000002347 58PU97L1C0WSRCWADL48 10130.110000000000 Pershing LLC 8-17574-1 000007560 ZI8Q1A8EI8LQFJNM0D94 9957.340000000000 Goldman Sachs & Co. LLC 8-00129-1 000000361 FOR8UP27PHTHYVLBNG30 9710.280000000000 221214.630000000000 0.000000000000 Y 694640329.000000000000 N N N N Touchstone Strategic Income Opportunities Fund S000071603 549300E75UXY81KDTH30 Y 4 4 0 N/A N N Y N N Brown Brothers Harriman & Co. 5493006KMX1VFTPYPW14 N N Revenue sharing split 0.000000000000 37.000000000000 N/A Y Y Y N Touchstone Advisors, Inc. 801-45963 000107028 549300I4UYUUNHSYOB43 2021-07-17 Fort Washington Investment Advisors, Inc. 801-37235 000107126 KSRXYW3EHSEF8KM62609 Y BNY Mellon Investment Servicing (U.S.) Inc. 084-01761 549300CFZQLI9QMJ1Z03 N N Y Intercontinental Exchange, Inc. 5493000F4ZO33MV32P92 N IHS Markit Group Holdings Limited 2138005LTLTVZ4WMEX25 N PricingDirect, Inc. 549300WIC0TOJ7N7GD54 N Bloomberg Finance L.P. 5493001KJTIIGC8Y1R12 N Y Brown Brothers Harriman & Co. 5493006KMX1VFTPYPW14 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) Euroclear Bank SA/NV 549300OZ46BRLZ8Y6F65 BE N Y Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) Y BNY Mellon Investment Servicing (U.S.) Inc. 549300CFZQLI9QMJ1Z03 N N Y Touchstone Advisors, Inc. 549300I4UYUUNHSYOB43 Y N The Bank of New York Mellon HPFHU0OQ28E4N0NFVK49 N Y Y Touchstone Securities, Inc. 008-14052 000001526 N/A 1304.000000000000 W&S Brokerage Services, Inc. 008-24674 000008099 N/A 0.000000000000 AIG Capital Services, Inc. 008-28733 000012158 N/A 3942.000000000000 Wells Fargo Securities, LLC 8-65876-1 000126292 VYVVCKR63DVZZN70PB21 20896.440000000000 Pershing LLC 8-17574-1 000007560 ZI8Q1A8EI8LQFJNM0D94 5785.830000000000 Cowen and Company, LLC 8-22522-1 000007616 549300WR155U7DVMIW58 1914.830000000000 28597.100000000000 Goldman Sachs & Co. LLC 8-00129-1 000000361 FOR8UP27PHTHYVLBNG30 158551423.660000000000 Morgan Stanley & Co. LLC 8-15869-1 000008209 9R7GPTSO7KV3UQJZQ078 129415080.660000000000 J.P. Morgan Securities LLC 8-35008-1 000000079 ZBUT11V806EZRVTWT807 120953641.470000000000 Citigroup Global Markets Inc. 8-08177-1 000007059 MBNUM2BPBDO7JBLYG310 115270251.340000000000 Merrill Lynch, Pierce, Fenner & Smith Incorporated 8-07221-1 000007691 8NAV47T0Y26Q87Y0QP81 100297317.850000000000 BOFA Securities, Inc. 8-69787-1 000283942 549300HN4UKV1E2R3U73 93554359.310000000000 MarketAxess Corporation 8-50727-1 000044542 GPSMMRI21JE7ZCVYF972 73737066.140000000000 Jefferies LLC 8-15074-1 000002347 58PU97L1C0WSRCWADL48 63057058.210000000000 Barclays Capital Inc. 8-41342-1 000019714 AC28XWWI3WIBK2824319 62216373.670000000000 Wells Fargo Securities, LLC 8-65876-1 000126292 VYVVCKR63DVZZN70PB21 37226901.930000000000 1319858492.460010000000 Y 386853282.000000000000 N N N N true true EXEMPT ORDER INFO 2 exemptiveorder033122.htm EXEMPTIVE ORDER INFORMATION Document

Annual CCO Certification Pursuant to Form N-CEN(1)

In regard to the interfund lending program, I certify that the Companies and Touchstone Advisors have established procedures reasonably designed to achieve compliance with the terms and conditions of the exemptive order issued by the U.S. Securities and Exchange Commission, which are designed to achieve the following objectives: (a) that the Interfund Loan Rate will be higher than the Repo Rate, but lower than the Bank Loan Rate and, if applicable, the yield of the money market funds; (b) compliance with the collateral requirements as set forth in the Application; (c) compliance with the percentage limitations on interfund borrowing and lending; (d) allocation of interfund borrowing and lending demand in an equitable manner and in accordance with procedures established by the Board of each Fund; and (e) that the Interfund Loan Rate does not exceed the interest rate on any third-party borrowings of a borrowing Fund at the time of the Interfund Loan.


/s/Timothy S. Stearns

Chief Compliance Officer
Touchstone Family of Funds

May 23, 2022


(1) Certain capitalized terms used in this certification have the meanings given to them in the Companies’ and Touchstone Advisors’ joint exemptive application filed with the U.S. Securities and Exchange Commission on February 11, 2016, as amended on July 11, 2016 and January 26, 2017.

INTERNAL CONTROL RPT 3 tstinternalctrl033122ey.htm INTERNAL CONTROL REPORT Document

Report of Independent Registered Public Accounting Firm

To the Shareholders of Touchstone Flexible Income Fund, Touchstone Focused Fund, Touchstone Global ESG Equity Fund, Touchstone Growth Opportunities Fund, Touchstone Mid Cap Growth Fund, and Touchstone Sands Capital Emerging Markets Growth Fund and Board of Trustees of Touchstone Strategic Trust

In planning and performing our audits of the financial statements of Touchstone Flexible Income Fund, Touchstone Focused Fund, Touchstone Global ESG Equity Fund, Touchstone Growth Opportunities Fund, Touchstone Mid Cap Growth Fund, and Touchstone Sands Capital Emerging Markets Growth Fund (six of the funds constituting Touchstone Strategic Trust (the Trust)) as of and for the year ended March 31, 2022, in accordance with the standards of the Public Company Accounting Oversight Board (United States (PCAOB), we considered the Trust’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Trust’s internal control over financial reporting. Accordingly, we express no such opinion.
The management of the Trust is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Trust’s annual or interim financial statements will not be prevented or detected on a timely basis.
Our consideration of the Trust’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Trust’s internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of March 31, 2022.
This report is intended solely for the information and use of management and the Board of Trustees of Touchstone Strategic Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.
                             /s/ Ernst & Young LLP
Cincinnati, Ohio
May 23, 2022

INTERNAL CONTROL RPT 4 tstinternalctrl033122twb.htm INTERNAL CONTROL REPORT Document






REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



To the Shareholders and
Board of Trustees of
Touchstone Strategic Income Opportunities Fund
Cincinnati, Ohio 45202


In planning and performing our audit of the financial statements of Touchstone Strategic Income Opportunities Fund (the “Fund”), as of and for the year ended March 31, 2022, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered their internal control over financial reporting, including control activities for safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we express no such opinion.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.

Because of inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.





To the Shareholders and
Board of Trustees of
Touchstone Strategic Income Opportunities Fund
Page Two





Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls for safeguarding securities, which we consider to be material weaknesses, as defined above, as of March 31, 2022.

This report is intended solely for the information and use of management, Shareholders and Board of Trustees of Touchstone Strategic Income Opportunities Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.




/s/ TAIT, WELLER & BAKER LLP

Philadelphia, Pennsylvania
May 23, 2022