UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-08104
Touchstone
Funds Group Trust
(Exact name of registrant as specified in charter)
303 Broadway, Suite 1100
Cincinnati,
Ohio 45202-4203
(Address of principal executive offices) (Zip code)
E. Blake Moore, Jr.
303 Broadway, Suite 1100
Cincinnati,
Ohio 45202-4203
(Name and address of agent for service)
Registrant's telephone number, including area code: 800-638-8194
Date of fiscal year end: September 30
Date of reporting period: March 31, 2024
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Item 1. Reports to Stockholders.
(a) | The Report to Shareholders is attached herewith. |
Touchstone Funds Group Trust |
Touchstone Active Bond Fund |
Touchstone Ares Credit Opportunities Fund |
Touchstone Dividend Equity Fund |
Touchstone High Yield Fund |
Touchstone Impact Bond Fund |
Touchstone Mid Cap Fund |
Touchstone Mid Cap Value Fund |
Touchstone Sands Capital International Growth Equity Fund |
Touchstone Sands Capital Select Growth Fund |
Touchstone Small Cap Fund |
Touchstone Small Cap Value Fund |
Touchstone Ultra Short Duration Fixed Income Fund |
Description | Expiration Date | Number of Contracts | Notional Value | Unrealized Appreciation/ Depreciation |
Short Futures: | ||||
30-Year U.S. Ultra Treasury Bond | 6/18/2024 | 86 | $11,094,000 | $(116,568) |
Long Futures: | ||||
5-Year U.S. Treasury Note | 6/28/2024 | 200 | 21,403,126 | 30,716 |
2-Year U.S. Treasury Note | 6/28/2024 | 232 | 47,440,375 | (42,307) |
$(128,159) |
Counterparty | Termination Date | Notional Amount(2) | Pay Fixed Rate | Clearinghouse | Underlying Bond | Value(3) | Premiums Paid/ (Received) | Unrealized Depreciation |
Buy Protection: | ||||||||
Wells Fargo | 12/20/28 | $10,112,850 | 5.000% | ICE | Markit CDX North America High Yield Series 41 5Y Index | $(744,513) | $11,183 | $(755,696) |
(1) | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying investments comprising the referenced index or (ii) receive a net settlement amount in the form of cash or investments equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying investments comprising the referenced index. |
(2) | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
(3) | The quoted market prices and resulting values for credit default swap agreements on the underlying bond serve as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative had the notional amount of the swap agreement been closed/sold as of the period end. Decreasing market values (sell protection) or increasing market values (buy protection) when compared to the notional amount of the swap, represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
Counterparty | Termination Date | Notional Amount(2) | Pay Fixed Rate | Clearinghouse | Underlying Bond | Value(3) | Premiums Paid/ (Received) | Unrealized Depreciation |
Buy Protection: | ||||||||
Wells Fargo | 12/20/28 | $569,250 | 5.000% | ICE | Markit CDX North America High Yield Series 41 5Y Index | $(41,908) | $(32,359) | $(9,549) |
(1) | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying investments comprising the referenced index or (ii) receive a net settlement amount in the form of cash or investments equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying investments comprising the referenced index. |
(2) | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
(3) | The quoted market prices and resulting values for credit default swap agreements on the underlying bond serve as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative had the notional amount of the swap agreement been closed/sold as of the period end. Decreasing market values (sell protection) or increasing market values (buy protection) when compared to the notional amount of the swap, represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
Contract to | ||||||
Counterparty | Expiration Date | Receive | Deliver | Unrealized Appreciation | ||
Wells Fargo | 4/15/2024 | USD | 12,100,506 | EUR | 11,032,957 | $189,287 |
Wells Fargo | 4/15/2024 | USD | 1,693,094 | GBP | 1,321,584 | 24,898 |
$214,185 |
Valuation Inputs at Reporting Date: | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks | $2,559,755,910 | $— | $— | $2,559,755,910 |
Short-Term Investment Fund | 21,741,439 | — | — | 21,741,439 |
Total | $2,581,497,349 | $— | $— | $2,581,497,349 |
Portfolio Abbreviations: |
LLC – Limited Liability Company |
LP – Limited Partnership |
PLC – Public Limited Company |
REIT – Real Estate Investment Trust |
TSFR3M – Three Month Term Secured Overnight Financing Rate |
144a - This is a restricted security that was sold in a transaction qualifying for the exemption under Rule 144a of the Securities Act of 1933. This security may be sold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2024, these securities were valued at $77,340,432 or 73.7% of net assets. These securities were deemed liquid pursuant to procedures approved by the Board of Trustees. |
Valuation Inputs at Reporting Date: | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Corporate Bonds | $— | $99,483,729 | $— | $99,483,729 |
Asset-Backed Securities | — | 1,000,170 | — | 1,000,170 |
Short-Term Investment Funds | 4,722,738 | — | — | 4,722,738 |
Total | $4,722,738 | $100,483,899 | $— | $105,206,637 |
Valuation Inputs at Reporting Date: | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks | $819,759,313 | $— | $— | $819,759,313 |
Short-Term Investment Fund | 20,710,994 | — | — | 20,710,994 |
Total | $840,470,307 | $— | $— | $840,470,307 |
Portfolio Abbreviations: |
ADR – American Depositary Receipt |
PLC – Public Limited Company |
144a - This is a restricted security that was sold in a transaction qualifying for the exemption under Rule 144a of the Securities Act of 1933. This security may be sold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2024, these securities were valued at $5,689,832 or 12.4% of net assets. These securities were deemed liquid pursuant to procedures approved by the Board of Trustees. |
Valuation inputs at Reporting Date: | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks | ||||
Japan | $— | $6,151,652 | $— | $6,151,652 |
Netherlands | 2,976,432 | 3,059,826 | — | 6,036,258 |
Switzerland | — | 4,504,209 | — | 4,504,209 |
Brazil | 3,295,605 | — | — | 3,295,605 |
Canada | 3,166,434 | — | — | 3,166,434 |
India | — | 3,040,821 | — | 3,040,821 |
Sweden | — | 2,887,184 | — | 2,887,184 |
Italy | 2,805,027 | — | — | 2,805,027 |
Germany | — | 2,495,291 | — | 2,495,291 |
United States | 2,395,369 | — | — | 2,395,369 |
Taiwan | 1,762,664 | — | — | 1,762,664 |
United Kingdom | 1,224,438 | — | — | 1,224,438 |
Singapore | 1,118,296 | — | — | 1,118,296 |
France | — | 1,110,387 | — | 1,110,387 |
Poland | 1,062,067 | — | — | 1,062,067 |
Denmark | — | 969,046 | — | 969,046 |
Short-Term Investment Fund | 1,612,312 | — | — | 1,612,312 |
Total | $21,418,644 | $24,218,416 | $— | $45,637,060 |
Valuation Inputs at Reporting Date: | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Asset-Backed Securities | $— | $223,455,907 | $— | $223,455,907 |
Commercial Mortgage-Backed Securities | — | 83,802,734 | — | 83,802,734 |
Corporate Bonds | — | 80,317,061 | — | 80,317,061 |
Commercial Paper | — | 50,169,781 | — | 50,169,781 |
Non-Agency Collateralized Mortgage Obligations | — | 42,837,385 | — | 42,837,385 |
Municipal Bonds | — | 5,564,000 | — | 5,564,000 |
U.S. Government Mortgage-Backed Obligations | — | 3,690,101 | — | 3,690,101 |
U.S. Government Agency Obligations | — | 1,019,606 | — | 1,019,606 |
Agency Collateralized Mortgage Obligations | — | 759,128 | — | 759,128 |
Short-Term Investment Fund | 131,453 | — | — | 131,453 |
Total | $131,453 | $491,615,703 | $— | $491,747,156 |
Touchstone Active Bond Fund | Touchstone Ares Credit Opportunities Fund | Touchstone Dividend Equity Fund | Touchstone High Yield Fund | Touchstone Impact Bond Fund | Touchstone Mid Cap Fund | |
Assets | ||||||
Investments, at cost | $266,017,273 | $509,574,228 | $2,338,474,524 | $108,211,393 | $616,887,462 | $4,094,123,447 |
Investments, at market value * | $250,343,981 | $500,567,777 | $2,581,497,349 | $105,206,637 | $564,932,172 | $5,822,084,540 |
Cash | 26,125 | 5,512,381 | — | 122,000 | 1,821 | — |
Cash deposits held at prime broker (A) | 1,572,178 | 69,508 | — | — | — | — |
Foreign currency † | 130 | 1,496,275 | — | — | — | — |
Unrealized appreciation on forward foreign currency contracts | — | 214,185 | — | — | — | — |
Dividends and interest receivable | 2,152,909 | 6,253,596 | 3,764,400 | 1,710,534 | 4,363,203 | 4,135,384 |
Receivable for capital shares sold | 746,143 | 13,349,789 | 1,508,658 | 100,131 | 1,266,064 | 11,555,636 |
Receivable for investments sold | 386 | 1,517,010 | — | 222,304 | 610,041 | — |
Receivable for securities lending income | 78 | — | — | 775 | — | — |
Tax reclaim receivable | 8,925 | 5,450 | 107,039 | 9,674 | — | — |
Unrealized appreciation on unfunded commitments | — | 178,688 | — | — | — | — |
Other assets | 4,752 | 27,753 | 20,091 | 8,613 | 11,442 | 88,406 |
Total Assets | 254,855,607 | 529,192,412 | 2,586,897,537 | 107,380,668 | 571,184,743 | 5,837,863,966 |
Liabilities | ||||||
Due to custodian | — | — | — | — | — | — |
Due to prime broker(A) | — | 548,678 | — | — | — | — |
Written options, at market value ‡ | — | 4,400 | — | — | — | — |
Dividends payable | 58,561 | 85,117 | 2,121,641 | 6,395 | 253,902 | — |
Payable for return of collateral for securities on loan | — | 4,045,367 | — | 1,531,015 | — | — |
Payable for capital shares redeemed | 554,534 | 1,578,380 | 3,562,670 | 128,211 | 2,914,771 | 14,746,569 |
Payable for investments purchased | — | 26,749,340 | 6,235,312 | 700,550 | 4,532,014 | — |
Payable to Investment Adviser | 62,313 | 217,191 | 1,111,981 | 35,450 | 105,309 | 3,104,371 |
Payable to other affiliates | 40,539 | 73,247 | 816,792 | 13,011 | 66,528 | 778,769 |
Payable to Trustees | 14,539 | 14,539 | 14,539 | 14,539 | 14,539 | 14,539 |
Payable for professional services | 22,321 | 23,311 | 46,542 | 21,701 | 23,425 | 77,033 |
Payable for reports to shareholders | 3,764 | 6,307 | 79,116 | 478 | 5,475 | 141,916 |
Payable for transfer agent services | 85,447 | 110,057 | 758,675 | 13,583 | 117,353 | 1,413,602 |
Payable for variation margin on futures contracts | 110,873 | — | — | — | — | — |
Payable for variation margin on swap agreements | 744,513 | 41,908 | — | — | — | — |
Other accrued expenses and liabilities | 24,290 | 43,694 | 16,809 | 4,789 | 1,101 | 30,171 |
Total Liabilities | 1,721,694 | 33,541,536 | 14,764,077 | 2,469,722 | 8,034,417 | 20,306,970 |
Net Assets | $253,133,913 | $495,650,876 | $2,572,133,460 | $104,910,946 | $563,150,326 | $5,817,556,996 |
Net assets consist of: | ||||||
Par value | 272,540 | 542,295 | 1,408,880 | 137,707 | 628,252 | 1,020,579 |
Paid-in capital | 394,643,203 | 586,178,426 | 2,261,213,269 | 129,629,522 | 629,725,912 | 3,969,146,086 |
Distributable earnings (deficit) | (141,781,830) | (91,069,845) | 309,511,311 | (24,856,283) | (67,203,838) | 1,847,390,331 |
Net Assets | $253,133,913 | $495,650,876 | $2,572,133,460 | $104,910,946 | $563,150,326 | $5,817,556,996 |
*Includes market value of securities on loan of: | $— | $3,852,720 | $— | $1,466,558 | $— | $— |
†Cost of foreign currency: | $140 | $1,508,267 | $— | $— | $— | $— |
‡Premiums received from written options: | $— | $4,200 | $— | $— | $— | $— |
(A) | Represents segregated cash for futures contracts, swap agreement, and/or securities sold short. |
Touchstone Mid Cap Value Fund | Touchstone Sands Capital International Growth Equity Fund | Touchstone Sands Capital Select Growth Fund | Touchstone Small Cap Fund | Touchstone Small Cap Value Fund | Touchstone Ultra Short Duration Fixed Income Fund |
$635,184,734 | $38,817,443 | $1,739,764,422 | $216,087,509 | $168,608,921 | $497,458,674 |
$840,470,307 | $45,637,060 | $2,856,670,308 | $268,178,431 | $190,178,568 | $491,747,156 |
— | — | 13,219 | — | 682,566 | — |
— | — | — | — | — | — |
— | 601 | — | — | — | — |
— | — | — | — | — | — |
1,072,119 | 41,826 | 174,253 | 308,844 | 233,921 | 2,174,005 |
717,453 | 23,814 | 1,364,074 | 260,188 | 241,583 | 744,614 |
— | — | — | — | — | 13,364 |
— | — | — | — | — | — |
— | 43,552 | — | — | — | 550 |
— | — | — | — | — | — |
14,628 | 49,583 | 35,478 | 29,391 | 6,817 | 16,243 |
842,274,507 | 45,796,436 | 2,858,257,332 | 268,776,854 | 191,343,455 | 494,695,932 |
— | — | — | — | — | 5,863 |
— | — | — | — | — | — |
— | — | — | — | — | — |
— | — | — | — | — | 195,885 |
— | — | — | — | — | — |
1,035,661 | 23,783 | 8,085,750 | 185,279 | 298,808 | 2,141,765 |
8,280,683 | — | — | — | 21,129,107 | 12,114,613 |
411,235 | 7,607 | 1,463,241 | 162,479 | 79,864 | 32,967 |
94,851 | 6,211 | 596,181 | 30,584 | 18,602 | 93,231 |
14,539 | 14,539 | 14,539 | 14,539 | 14,539 | 14,539 |
24,244 | 21,548 | 45,982 | 17,254 | 18,998 | 25,407 |
54,185 | 1,676 | 57,349 | — | 847 | 8,277 |
272,952 | 9,156 | 587,153 | 38,113 | 31,221 | 92,023 |
— | — | — | — | — | — |
— | — | — | — | — | — |
15,273 | 1,209 | 74,121 | 1,034 | 1,073 | 2,908 |
10,203,623 | 85,729 | 10,924,316 | 449,282 | 21,593,059 | 14,727,478 |
$832,070,884 | $45,710,707 | $2,847,333,016 | $268,327,572 | $169,750,396 | $479,968,454 |
349,333 | 52,950 | 1,769,862 | 175,468 | 46,393 | 523,339 |
592,511,889 | 38,875,900 | 2,004,245,352 | 215,216,282 | 152,296,629 | 596,541,612 |
239,209,662 | 6,781,857 | 841,317,802 | 52,935,822 | 17,407,374 | (117,096,497) |
$832,070,884 | $45,710,707 | $2,847,333,016 | $268,327,572 | $169,750,396 | $479,968,454 |
$— | $— | $— | $— | $— | $— |
$— | $606 | $— | $— | $— | $— |
$— | $— | $— | $— | $— | $— |
Touchstone Active Bond Fund | Touchstone Ares Credit Opportunities Fund | Touchstone Dividend Equity Fund | Touchstone High Yield Fund | Touchstone Impact Bond Fund | Touchstone Mid Cap Fund | |
Pricing of Class A Shares | ||||||
Net assets applicable to Class A shares | $118,881,836 | $114,039,542 | $1,542,407,091 | $11,845,135 | $16,586,120 | $166,333,866 |
Shares of beneficial interest outstanding (unlimited number of shares authorized, $0.01 par value) | 12,778,748 | 12,621,061 | 84,356,440 | 1,600,944 | 1,852,845 | 2,971,943 |
Net asset value price per share* | $9.30 | $9.04 | $18.28 | $7.40 | $8.95 | $55.97 |
Maximum sales charge - Class A shares | 3.25% | 3.25% | 5.00% | 3.25% | 3.25% | 5.00% |
Maximum offering price per share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent) - Class A shares | $9.61 | $9.34 | $19.24 | $7.65 | $9.25 | $58.92 |
Pricing of Class C Shares | ||||||
Net assets applicable to Class C shares | $2,930,047 | $21,635,217 | $301,998,344 | $432,776 | $1,491,080 | $82,908,766 |
Shares of beneficial interest outstanding (unlimited number of shares authorized, $0.01 par value) | 346,963 | 2,490,356 | 16,653,929 | 58,728 | 166,679 | 1,628,495 |
Net asset value and offering price per share** | $8.44 | $8.69 | $18.13 | $7.37 | $8.95 | $50.91 |
Pricing of Class S Shares | ||||||
Net assets applicable to Class S shares | $— | $— | $— | $— | $— | $— |
Shares of beneficial interest outstanding (unlimited number of shares authorized, $0.01 par value) | — | — | — | — | — | — |
Net asset value, offering price and redemption price per share | $— | $— | $— | $— | $— | $— |
Pricing of Class Y Shares | ||||||
Net assets applicable to Class Y shares | $49,432,770 | $310,801,122 | $724,918,274 | $19,215,336 | $255,694,187 | $4,111,554,339 |
Shares of beneficial interest outstanding (unlimited number of shares authorized, $0.01 par value) | 5,317,946 | 33,811,164 | 39,723,551 | 2,511,617 | 28,522,956 | 72,032,539 |
Net asset value, offering price and redemption price per share | $9.30 | $9.19 | $18.25 | $7.65 | $8.96 | $57.08 |
Pricing of Class Z Shares | ||||||
Net assets applicable to Class Z shares | $— | $— | $— | $— | $— | $48,418,246 |
Shares of beneficial interest outstanding (unlimited number of shares authorized, $0.01 par value) | — | — | — | — | — | 871,642 |
Net asset value, offering price and redemption price per share | $— | $— | $— | $— | $— | $55.55 |
Pricing of Institutional Class Shares | ||||||
Net assets applicable to Institutional Class shares | $81,889,260 | $49,174,995 | $2,004,585 | $73,417,699 | $263,320,418 | $639,071,460 |
Shares of beneficial interest outstanding (unlimited number of shares authorized, $0.01 par value) | 8,810,368 | 5,306,915 | 109,928 | 9,599,393 | 29,375,258 | 11,149,216 |
Net asset value, offering price and redemption price per share | $9.29 | $9.27 | $18.24 | $7.65 | $8.96 | $57.32 |
Pricing of Class R6 Shares | ||||||
Net assets applicable to Class R6 shares | $— | $— | $805,166 | $— | $26,058,521 | $769,270,319 |
Shares of beneficial interest outstanding (unlimited number of shares authorized, $0.01 par value) | — | — | 44,135 | — | 2,907,474 | 13,404,037 |
Net asset value, offering price and redemption price per share | $— | $— | $18.24 | $— | $8.96 | $57.39 |
* | There is no sales load on subscriptions of $1 million or more for all funds except for Active Bond Fund, Ares Credit Opportunities Fund, High Yield Fund, Impact Bond Fund and Ultra Short Duration Fixed Income Fund. There is no sales load on subscriptions of $500,000 or more for Active Bond Fund, Ares Credit Opportunities Fund, High Yield Fund, Impact Bond Fund and Ultra Short Duration Fixed Income Fund. Redemptions that were part of a $500,000 or $1million or more subscription, as applicable, may be subject to a contingent deferred sales load if redeemed within a one-year period from the date of purchase. |
** | Redemption price per share varies by length of time shares are held due to the terms of the contingent deferred sales charge. |
Touchstone Mid Cap Value Fund | Touchstone Sands Capital International Growth Equity Fund | Touchstone Sands Capital Select Growth Fund | Touchstone Small Cap Fund | Touchstone Small Cap Value Fund | Touchstone Ultra Short Duration Fixed Income Fund |
$16,884,869 | $8,308,663 | $437,219,599 | $18,670,981 | $25,018,541 | $79,100,037 |
717,958 | 964,151 | 29,786,371 | 1,246,055 | 689,400 | 8,626,787 |
$23.52 | $8.62 | $14.68 | $14.98 | $36.29 | $9.17 |
5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 2.00% |
$24.76 | $9.07 | $15.45 | $15.77 | $38.20 | $9.36 |
$2,344,935 | $468,012 | $22,174,789 | $1,124,300 | $400,071 | $3,514,178 |
104,905 | 53,073 | 1,525,448 | 86,241 | 11,708 | 382,915 |
$22.35 | $8.82 | $14.54 | $13.04 | $34.17 | $9.18 |
$— | $— | $— | $— | $— | $32,580,644 |
— | — | — | — | — | 3,551,629 |
$— | $— | $— | $— | $— | $9.17 |
$364,118,120 | $18,398,057 | $710,431,398 | $204,851,620 | $40,209,160 | $215,773,404 |
15,344,887 | 2,132,216 | 42,815,214 | 13,355,882 | 1,099,806 | 23,519,016 |
$23.73 | $8.63 | $16.59 | $15.34 | $36.56 | $9.17 |
$— | $— | $264,748,388 | $— | $— | $40,738,885 |
— | — | 18,018,501 | — | — | 4,441,693 |
$— | $— | $14.69 | $— | $— | $9.17 |
$448,722,960 | $3,834 | $926,507,013 | $43,680,671 | $104,122,624 | $108,261,306 |
18,765,591 | 444 | 55,665,227 | 2,858,630 | 2,838,342 | 11,811,817 |
$23.91 | $8.64 | $16.64 | $15.28 | $36.68 | $9.17 |
$— | $18,532,141 | $486,251,829 | $— | $— | $— |
— | 2,145,095 | 29,175,444 | — | — | — |
$— | $8.64 | $16.67 | $— | $— | $— |
Touchstone Active Bond Fund | Touchstone Ares Credit Opportunities Fund | Touchstone Dividend Equity Fund | Touchstone High Yield Fund | |
Investment Income | ||||
Dividends* | $144,647 | $— | $36,279,148 | $76,919 |
Interest** | 5,764,585 | 17,329,691 | — | 3,448,537 |
Income from securities loaned | 636 | 101,241 | — | 4,172 |
Total Investment Income | 5,909,868 | 17,430,932 | 36,279,148 | 3,529,628 |
Expenses | ||||
Investment advisory fees | 454,198 | 1,148,886 | 6,394,897 | 283,748 |
Administration fees | 170,514 | 261,463 | 1,679,638 | 70,731 |
Compliance fees and expenses | 2,085 | 2,085 | 2,085 | 2,085 |
Custody fees | 22,653 | 27,884 | 15,874 | 17,878 |
Professional fees | 19,859 | 31,066 | 54,583 | 15,795 |
Transfer Agent fees, Class A | 64,525 | 51,101 | 616,719 | 7,562 |
Transfer Agent fees, Class C | 1,793 | 7,466 | 159,789 | 334 |
Transfer Agent fees, Class S | — | — | — | — |
Transfer Agent fees, Class Y | 21,922 | 78,902 | 275,231 | 11,469 |
Transfer Agent fees, Class Z | — | — | — | — |
Transfer Agent fees, Institutional Class | 6,510 | 1,851 | 283 | 403 |
Transfer Agent fees, Class R6 | — | — | 22 | — |
Registration fees, Class A | 10,767 | 10,918 | 16,980 | 7,529 |
Registration fees, Class C | 7,921 | 9,818 | 11,855 | 4,708 |
Registration fees, Class S | — | — | — | — |
Registration fees, Class Y | 8,354 | 19,205 | 11,986 | 8,046 |
Registration fees, Class Z | — | — | — | — |
Registration fees, Institutional Class | 8,142 | 5,064 | 2,419 | 7,231 |
Registration fees, Class R6 | — | — | 3,132 | — |
Interest expense on securities sold short | — | 29,124 | — | — |
Reports to Shareholders, Class A | 6,684 | 6,598 | 38,928 | 1,797 |
Reports to Shareholders, Class C | 1,388 | 1,877 | 16,221 | 1,239 |
Reports to Shareholders, Class S | — | — | — | — |
Reports to Shareholders, Class Y | 2,424 | 8,138 | 19,534 | 1,490 |
Reports to Shareholders, Class Z | — | — | — | — |
Reports to Shareholders, Institutional Class | 1,524 | 1,303 | 1,237 | 1,278 |
Reports to Shareholders, Class R6 | — | — | 1,215 | — |
Shareholder servicing fees, Class Z | — | — | — | — |
Distribution and shareholder servicing expenses, Class A | 149,809 | 140,112 | 1,808,413 | 14,456 |
Distribution and shareholder servicing expenses, Class C | 15,077 | 94,709 | 1,592,084 | 2,344 |
Distribution expenses, Class S | — | — | — | — |
Trustee fees | 14,932 | 14,932 | 14,932 | 14,932 |
Other expenses | 58,465 | 53,086 | 196,000 | 21,629 |
Total Expenses | 1,049,546 | 2,005,588 | 12,934,057 | 496,684 |
Fees waived and/or reimbursed by the Adviser and/or Affiliates(A) | (192,422) | (225,281) | (381,834) | (94,603) |
Fees eligible for recoupment by the Adviser(A) | — | — | — | — |
Net Expenses | 857,124 | 1,780,307 | 12,552,223 | 402,081 |
Net Investment Income (Loss) | 5,052,744 | 15,650,625 | 23,726,925 | 3,127,547 |
Realized and Unrealized Gains (Losses) on Investments | ||||
Net realized gains (losses) on investments(B) | (5,231,693) | (4,713,559) | 70,370,939 | (185,213) |
Net realized losses on securities sold short | — | (127,854) | — | — |
Net realized gains on written options | — | 10,700 | — | — |
Net realized losses on futures contracts | (542,346) | — | — | — |
Net realized losses on swap agreements | (86,440) | (15,166) | — | — |
Net realized losses on forward foreign currency contracts | — | (192,977) | — | — |
Net realized losses on foreign currency transactions | — | (4,640) | — | — |
Net change in unrealized appreciation (depreciation) on investments | 17,893,971 | 17,549,314 | 354,570,614 | 4,984,014 |
Net change in unrealized appreciation (depreciation) on securities sold short | — | (19,760) | — | — |
Net change in unrealized appreciation (depreciation) on written options | — | (1,800) | — | — |
Net change in unrealized appreciation (depreciation) on futures contracts | (233,998) | — | — | — |
Net change in unrealized appreciation (depreciation) on swap agreements | (723,922) | (17,486) | — | — |
Net change in unrealized appreciation (depreciation) on forward foreign currency contracts | — | 80,780 | — | — |
Net change in unrealized appreciation (depreciation) on foreign currency transactions | 1 | (13,745) | — | — |
Net change in unrealized appreciation (depreciation) on unfunded commitments | — | 178,688 | — | — |
Net Realized and Unrealized Gains (Losses) on Investments | 11,075,573 | 12,712,495 | 424,941,553 | 4,798,801 |
Change in Net Assets Resulting from Operations | $16,128,317 | $28,363,120 | $448,668,478 | $7,926,348 |
*Net of foreign tax withholding of: | $— | $— | $— | $— |
**Net of foreign tax withholding of: | $597 | $314 | $— | $— |
(A) | See Note 4 in Notes to Financial Statements. |
(B) | Net realized gains on investments includes the realized gains of $24,771,767, $15,313,063, $106,506,860, $286,332 and $854,935 for the Mid Cap Fund, the Mid Cap Value Fund, the Sand Capital Select Growth Fund, the Small Cap Fund and the Small Cap Value Fund, respectively, for redemption-in-kind activity, which will not be recognized by the Fund for tax purposes. |
Touchstone Impact Bond Fund | Touchstone Mid Cap Fund | Touchstone Mid Cap Value Fund | Touchstone Sands Capital International Growth Equity Fund | Touchstone Sands Capital Select Growth Fund | Touchstone Small Cap Fund | Touchstone Small Cap Value Fund | Touchstone Ultra Short Duration Fixed Income Fund |
$— | $28,661,883 | $6,848,641 | $102,543 | $3,404,245 | $1,080,605 | $1,092,626 | $30,182 |
10,830,406 | 18,821 | — | — | — | — | — | 13,382,160 |
— | — | 7,992 | 9 | — | 298 | 1,572 | — |
10,830,406 | 28,680,704 | 6,856,633 | 102,552 | 3,404,245 | 1,080,903 | 1,094,198 | 13,412,342 |
684,803 | 16,396,723 | 2,749,548 | 128,017 | 8,176,963 | 736,105 | 499,016 | 430,804 |
370,406 | 3,447,860 | 500,793 | 26,901 | 1,751,182 | 118,116 | 80,206 | 327,248 |
2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,086 |
9,673 | 25,883 | 11,281 | 10,052 | 16,523 | 3,529 | 6,857 | 41,398 |
23,438 | 95,933 | 23,805 | 26,233 | 54,034 | 13,572 | 13,925 | 23,177 |
6,563 | 87,952 | 10,988 | 3,754 | 192,014 | 5,664 | 9,499 | 26,066 |
650 | 29,837 | 1,424 | 412 | 11,150 | 224 | 206 | 931 |
— | — | — | — | — | — | — | 9,639 |
83,305 | 1,778,002 | 452,395 | 8,603 | 239,375 | 48,274 | 15,473 | 71,946 |
— | 29,694 | — | — | 154,704 | — | — | 20,012 |
61,712 | 128,202 | 58,735 | 9 | 152,122 | 4,118 | 12,276 | 22,017 |
30 | 1,631 | — | 18 | 79 | — | — | — |
9,373 | 10,927 | 8,756 | 10,348 | 12,894 | 10,242 | 9,822 | 10,572 |
6,053 | 9,239 | 7,230 | 5,653 | 9,122 | 5,034 | 4,276 | 5,534 |
— | — | — | — | — | — | — | 8,206 |
14,526 | 64,507 | 17,621 | 11,299 | 19,073 | 14,326 | 11,238 | 16,484 |
— | 12,345 | — | — | 11,923 | — | — | 9,565 |
11,784 | 13,801 | 15,163 | 1,996 | 16,036 | 9,004 | 16,933 | 9,478 |
3,274 | 21,057 | — | 3,959 | 23,150 | — | — | — |
— | — | — | — | — | — | — | 1,310 |
1,912 | 4,462 | 2,627 | 1,671 | 16,967 | 1,599 | 1,978 | 2,928 |
1,252 | 3,791 | 1,348 | 1,287 | 2,305 | 1,237 | 1,251 | 1,252 |
— | — | — | — | — | — | — | 2,247 |
5,316 | 133,808 | 36,945 | 2,125 | 22,785 | 4,689 | 2,255 | 6,024 |
— | 2,693 | — | — | 7,629 | — | — | 2,774 |
2,307 | 6,758 | 17,572 | 1,222 | 11,920 | 1,299 | 3,577 | 1,536 |
1,207 | 10,101 | — | 835 | 2,735 | — | — | — |
— | 54,443 | — | — | 286,675 | — | — | 51,501 |
17,068 | 181,759 | 19,057 | 9,243 | 487,740 | 15,162 | 28,870 | 98,338 |
7,455 | 366,880 | 13,034 | 2,164 | 102,456 | 2,094 | 1,734 | 12,493 |
— | — | — | — | — | — | — | 84,664 |
14,932 | 14,932 | 14,932 | 14,932 | 14,932 | 14,932 | 14,932 | 14,932 |
30,486 | 225,997 | 101,269 | 19,723 | 441,721 | 15,786 | 24,954 | 64,941 |
1,369,610 | 23,161,302 | 4,066,608 | 292,541 | 12,240,294 | 1,027,091 | 761,363 | 1,380,103 |
(115,689) | (59,478) | (651,753) | (106,599) | (524,749) | (164,197) | (104,865) | (203,804) |
2,166 | — | — | — | — | — | — | — |
1,256,087 | 23,101,824 | 3,414,855 | 185,942 | 11,715,545 | 862,894 | 656,498 | 1,176,299 |
9,574,319 | 5,578,880 | 3,441,778 | (83,390) | (8,311,300) | 218,009 | 437,700 | 12,236,043 |
(3,759,863) | 132,111,685 | 38,516,003 | 125,903 | 226,901,563 | 1,620,155 | 3,680,839 | 16,996 |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
— | — | — | 5,034 | — | — | — | — |
27,342,036 | 948,950,424 | 84,962,202 | 9,301,025 | 664,193,183 | 32,788,454 | 14,370,790 | 4,759,488 |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
— | — | — | 303 | — | — | — | — |
— | — | — | — | — | — | — | — |
23,582,173 | 1,081,062,109 | 123,478,205 | 9,432,265 | 891,094,746 | 34,408,609 | 18,051,629 | 4,776,484 |
$33,156,492 | $1,086,640,989 | $126,919,983 | $9,348,875 | $882,783,446 | $34,626,618 | $18,489,329 | $17,012,527 |
$— | $— | $— | $8,145 | $— | $— | $17 | $— |
$— | $— | $— | $— | $— | $— | $— | $1,980 |
Touchstone Active Bond Fund | Touchstone Ares Credit Opportunities Fund | Touchstone Dividend Equity Fund | ||||
For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | |
From Operations | ||||||
Net investment income | $5,052,744 | $9,719,592 | $15,650,625 | $22,075,288 | $23,726,925 | $49,643,111 |
Net realized gains (losses) on investments, securities sold short, written options, futures contracts, swap agreements, forward foreign currency contracts and foreign currency transactions | (5,860,479) | (11,755,686) | (5,043,496) | (11,886,997) | 70,370,939 | 65,622,199 |
Net change in unrealized appreciation (depreciation) on investments, securities sold short, written options, futures contracts, swap agreements, forward foreign currency contracts and foreign currency transactions | 16,936,052 | 8,149,145 | 17,755,991 | 14,731,238 | 354,570,614 | 251,252,978 |
Change in Net Assets from Operations | 16,128,317 | 6,113,051 | 28,363,120 | 24,919,529 | 448,668,478 | 366,518,288 |
Distributions to Shareholders: | ||||||
Distributed earnings, Class A | (2,360,649) | (4,845,457) | (4,798,029) | (8,742,821) | (55,803,551) | (78,944,932) |
Distributed earnings, Class C | (54,214) | (128,800) | (810,725) | (1,355,946) | (11,271,438) | (21,219,539) |
Distributed earnings, Class Y | (1,018,601) | (2,051,260) | (10,380,580) | (11,913,987) | (27,479,663) | (43,345,420) |
Distributed earnings, Class Z | — | — | — | — | — | — |
Distributed earnings, Institutional Class | (1,679,822) | (2,817,303) | (740,493) | (266,808) | (80,605) | (156,753) |
Distributed earnings, Class R6 | — | — | — | — | (32,634) | (86,001) |
Total Distributions | (5,113,286) | (9,842,820) | (16,729,827) | (22,279,562) | (94,667,891) | (143,752,645) |
Change in Net Assets from Share Transactions(A) | (9,481,416) | (8,739,032) | 138,420,875 | 71,867,177 | (188,143,246) | (461,203,004) |
Total Increase (Decrease) in Net Assets | 1,533,615 | (12,468,801) | 150,054,168 | 74,507,144 | 165,857,341 | (238,437,361) |
Net Assets | ||||||
Beginning of period | 251,600,298 | 264,069,099 | 345,596,708 | 271,089,564 | 2,406,276,119 | 2,644,713,480 |
End of period | $253,133,913 | $251,600,298 | $495,650,876 | $345,596,708 | $2,572,133,460 | $2,406,276,119 |
(A) | For details on share transactions by class, see Statements of Changes in Net Assets - Capital Stock Activity. |
Touchstone High Yield Fund | Touchstone Impact Bond Fund | Touchstone Mid Cap Fund | Touchstone Mid Cap Value Fund | ||||
For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 |
$3,127,547 | $6,087,145 | $9,574,319 | $15,982,211 | $5,578,880 | $14,559,362 | $3,441,778 | $7,474,745 |
(185,213) | (5,774,897) | (3,759,863) | (2,239,646) | 132,111,685 | 190,084,208 | 38,516,003 | 36,760,330 |
4,984,014 | 10,478,906 | 27,342,036 | (14,080,473) | 948,950,424 | 570,163,404 | 84,962,202 | 10,293,772 |
7,926,348 | 10,791,154 | 33,156,492 | (337,908) | 1,086,640,989 | 774,806,974 | 126,919,983 | 54,528,847 |
(349,021) | (697,795) | (237,069) | (342,282) | (1,041,503) | (1,555,315) | (265,672) | (815,662) |
(12,363) | (35,389) | (19,726) | (35,048) | (488,588) | (876,818) | (44,229) | (235,497) |
(596,944) | (1,321,672) | (4,525,998) | (7,568,779) | (33,202,497) | (41,788,857) | (6,087,272) | (21,489,426) |
— | — | — | — | (304,095) | (529,661) | — | — |
(2,213,700) | (4,081,431) | (4,775,803) | (8,476,076) | (5,518,854) | (6,240,039) | (6,531,520) | (20,979,995) |
— | — | (470,792) | (511,889) | (7,734,788) | (9,120,342) | — | — |
(3,172,028) | (6,136,287) | (10,029,388) | (16,934,074) | (48,290,325) | (60,111,032) | (12,928,693) | (43,520,580) |
(517,252) | (6,575,222) | 19,750,975 | 54,991,481 | 235,327,260 | (178,108,351) | 20,711,456 | (75,544,620) |
4,237,068 | (1,920,355) | 42,878,079 | 37,719,499 | 1,273,677,924 | 536,587,591 | 134,702,746 | (64,536,353) |
100,673,878 | 102,594,233 | 520,272,247 | 482,552,748 | 4,543,879,072 | 4,007,291,481 | 697,368,138 | 761,904,491 |
$104,910,946 | $100,673,878 | $563,150,326 | $520,272,247 | $5,817,556,996 | $4,543,879,072 | $832,070,884 | $697,368,138 |
Touchstone Sands Capital International Growth Equity Fund | Touchstone Sands Capital Select Growth Fund | Touchstone Small Cap Fund | ||||
For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | |
From Operations | ||||||
Net investment income (loss) | $(83,390) | $595,023 | $(8,311,300) | $(13,882,480) | $218,009 | $401,392 |
Net realized gains on investments and foreign currency transactions | 130,937 | 2,364,001 | 226,901,563 | 258,369,602 | 1,620,155 | 5,144,859 |
Net change in unrealized appreciation on investments and foreign currency transactions | 9,301,328 | 2,278,193 | 664,193,183 | 282,396,129 | 32,788,454 | 12,004,467 |
Change in Net Assets from Operations | 9,348,875 | 5,237,217 | 882,783,446 | 526,883,251 | 34,626,618 | 17,550,718 |
Distributions to Shareholders: | ||||||
Distributed earnings, Class A | (303,567) | (165,048) | — | — | (336,427) | (78,224) |
Distributed earnings, Class C | (11,058) | — | — | — | (9,828) | (3,981) |
Distributed earnings, Class S | — | — | — | — | — | — |
Distributed earnings, Class Y | (670,405) | (393,842) | — | — | (3,207,156) | (1,085,775) |
Distributed earnings, Class Z | — | — | — | — | — | — |
Distributed earnings, Institutional Class | (142) | (163,206) | — | — | (1,293,778) | (672,297) |
Distributed earnings, Class R6 | (688,890) | — | — | — | — | — |
Total Distributions | (1,674,062) | (722,096) | — | — | (4,847,189) | (1,840,277) |
Change in Net Assets from Share Transactions(A) | 2,099,052 | 3,266,955 | (334,559,615) | (494,947,926) | 108,279,030 | 24,055,950 |
Total Increase (Decrease) in Net Assets | 9,773,865 | 7,782,076 | 548,223,831 | 31,935,325 | 138,058,459 | 39,766,391 |
Net Assets | ||||||
Beginning of period | 35,936,842 | 28,154,766 | 2,299,109,185 | 2,267,173,860 | 130,269,113 | 90,502,722 |
End of period | $45,710,707 | $35,936,842 | $2,847,333,016 | $2,299,109,185 | $268,327,572 | $130,269,113 |
(A) | For details on share transactions by class, see Statements of Changes in Net Assets - Capital Stock Activity. |
Touchstone Small Cap Value Fund | Touchstone Ultra Short Duration Fixed Income Fund | ||
For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 |
$437,700 | $661,459 | $12,236,043 | $22,070,958 |
3,680,839 | 3,803,428 | 16,996 | (1,029,657) |
14,370,790 | (736,616) | 4,759,488 | 5,421,829 |
18,489,329 | 3,728,271 | 17,012,527 | 26,463,130 |
(127,359) | (4,121) | (1,884,717) | (3,631,172) |
(1,388) | — | (71,409) | (123,431) |
— | — | (769,204) | (1,338,680) |
(222,106) | (30,685) | (5,144,670) | (9,003,755) |
— | — | (986,561) | (1,688,907) |
(354,784) | (70,904) | (2,985,057) | (7,141,156) |
— | — | — | — |
(705,637) | (105,710) | (11,841,618) | (22,927,101) |
39,653,969 | 45,839,186 | (11,942,063) | (220,467,463) |
57,437,661 | 49,461,747 | (6,771,154) | (216,931,434) |
112,312,735 | 62,850,988 | 486,739,608 | 703,671,042 |
$169,750,396 | $112,312,735 | $479,968,454 | $486,739,608 |
Touchstone Active Bond Fund | Touchstone Ares Credit Opportunities Fund | |||||||
For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | |||||
Shares | Dollars | Shares | Dollars | Shares | Dollars | Shares | Dollars | |
Class A | ||||||||
Proceeds from Shares issued | 315,039 | $2,886,423 | 701,985 | $6,482,853 | 751,662 | $6,720,036 | 1,048,381 | $9,244,118 |
Reinvestment of distributions | 233,326 | 2,141,266 | 477,923 | 4,391,995 | 478,447 | 4,271,828 | 870,945 | 7,647,604 |
Cost of Shares redeemed | (1,301,349) | (11,881,517) | (2,599,418) | (23,908,984) | (1,350,241) | (12,011,678) | (2,538,254) | (22,362,163) |
Change from Class A Share Transactions | (752,984) | (6,853,828) | (1,419,510) | (13,034,136) | (120,132) | (1,019,814) | (618,928) | (5,470,441) |
Class C | ||||||||
Proceeds from Shares issued | 32,462 | 267,353 | 33,062 | 279,528 | 694,370 | 5,974,275 | 613,812 | 5,232,276 |
Reinvestment of distributions | 6,477 | 53,974 | 15,191 | 127,251 | 91,399 | 785,677 | 154,389 | 1,307,591 |
Cost of Shares redeemed | (98,320) | (803,943) | (208,075) | (1,755,105) | (381,065) | (3,254,391) | (787,372) | (6,697,572) |
Change from Class C Share Transactions | (59,381) | (482,616) | (159,822) | (1,348,326) | 404,704 | 3,505,561 | (19,171) | (157,705) |
Class Y | ||||||||
Proceeds from Shares issued | 622,883 | 5,700,649 | 1,110,746 | 10,282,846 | 15,894,300 | 144,678,619 | 14,458,165 | 129,795,693 |
Reinvestment of distributions | 106,779 | 979,400 | 211,257 | 1,939,470 | 1,138,406 | 10,347,376 | 1,326,671 | 11,841,076 |
Cost of Shares redeemed | (913,639) | (8,326,160) | (2,026,891) | (18,739,214) | (6,924,635) | (62,233,266) | (7,565,345) | (67,640,669) |
Change from Class Y Share Transactions | (183,977) | (1,646,111) | (704,888) | (6,516,898) | 10,108,071 | 92,792,729 | 8,219,491 | 73,996,100 |
Institutional Class | ||||||||
Proceeds from Shares issued | 2,364,496 | 21,596,397 | 3,674,786 | 34,110,952 | 4,695,614 | 43,307,601 | 551,587 | 4,977,060 |
Reinvestment of distributions | 169,320 | 1,551,494 | 284,519 | 2,610,512 | 80,525 | 740,435 | 29,674 | 266,705 |
Cost of Shares redeemed | (2,600,909) | (23,646,752) | (2,663,425) | (24,561,136) | (98,940) | (905,637) | (193,647) | (1,744,542) |
Change from Institutional Class Share Transactions | (67,093) | (498,861) | 1,295,880 | 12,160,328 | 4,677,199 | 43,142,399 | 387,614 | 3,499,223 |
Class R6 | ||||||||
Proceeds from Shares issued | — | — | — | — | — | — | — | — |
Reinvestment of distributions | — | — | — | — | — | — | — | — |
Cost of Shares redeemed | — | — | — | — | — | — | — | — |
Change from Class R6 Share Transactions | — | — | — | — | — | — | — | — |
Change from Share Transactions | (1,063,435) | $(9,481,416) | (988,340) | $(8,739,032) | 15,069,842 | $138,420,875 | 7,969,006 | $71,867,177 |
Touchstone Dividend Equity Fund | Touchstone High Yield Fund | ||||||
For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | ||||
Shares | Dollars | Shares | Dollars | Shares | Dollars | Shares | Dollars |
4,612,901 | $77,914,645 | 9,133,770 | $149,424,859 | 98,074 | $716,008 | 960,683 | $6,804,663 |
2,718,779 | 46,678,627 | 3,968,436 | 64,495,430 | 43,239 | 315,275 | 88,296 | 626,553 |
(10,706,978) | (179,989,821) | (20,596,595) | (337,257,289) | (141,516) | (1,025,867) | (1,193,530) | (8,470,386) |
(3,375,298) | (55,396,549) | (7,494,389) | (123,337,000) | (203) | 5,416 | (144,551) | (1,039,170) |
127,807 | 2,156,079 | 375,934 | 6,095,130 | 264 | 1,905 | 20,211 | 142,797 |
640,085 | 10,845,370 | 1,258,395 | 20,312,459 | 1,280 | 9,301 | 2,946 | 20,841 |
(5,715,604) | (95,414,684) | (12,394,261) | (200,934,264) | (27,064) | (193,157) | (42,680) | (303,663) |
(4,947,712) | (82,413,235) | (10,759,932) | (174,526,675) | (25,520) | (181,951) | (19,523) | (140,025) |
1,792,578 | 30,164,546 | 3,630,133 | 59,307,296 | 395,679 | 3,011,101 | 1,325,741 | 9,704,717 |
1,274,494 | 21,856,156 | 2,108,464 | 34,206,319 | 78,642 | 592,717 | 179,191 | 1,311,911 |
(6,078,885) | (101,774,616) | (15,747,586) | (257,199,586) | (580,877) | (4,425,122) | (2,178,857) | (15,989,945) |
(3,011,813) | (49,753,914) | (10,008,989) | (163,685,971) | (106,556) | (821,304) | (673,925) | (4,973,317) |
3,376 | 58,077 | 3,205,037 | 52,232,159 | 302,979 | 2,303,203 | 205,109 | 1,515,683 |
3,160 | 54,183 | 4,606 | 74,646 | 293,311 | 2,209,364 | 554,680 | 4,060,544 |
(24,087) | (412,099) | (3,142,588) | (51,282,405) | (532,955) | (4,031,980) | (831,624) | (5,998,937) |
(17,551) | (299,839) | 67,055 | 1,024,400 | 63,335 | 480,587 | (71,835) | (422,710) |
87 | 1,483 | 10,123 | 165,596 | — | — | — | — |
1,903 | 32,634 | 5,282 | 85,743 | — | — | — | — |
(19,500) | (313,826) | (56,828) | (929,097) | — | — | — | — |
(17,510) | (279,709) | (41,423) | (677,758) | — | — | — | — |
(11,369,884) | $(188,143,246) | (28,237,678) | $(461,203,004) | (68,944) | $(517,252) | (909,834) | $(6,575,222) |
Touchstone Impact Bond Fund | Touchstone Mid Cap Fund | |||||||
For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | |||||
Shares | Dollars | Shares | Dollars | Shares | Dollars | Shares | Dollars | |
Class A | ||||||||
Proceeds from Shares issued | 698,939 | $6,228,728 | 210,089 | $1,872,361 | 377,019 | $18,547,348 | 649,060 | $28,826,970 |
Reinvestment of distributions | 20,110 | 178,462 | 27,227 | 241,722 | 17,917 | 900,468 | 32,166 | 1,324,422 |
Cost of Shares redeemed | (143,527) | (1,262,088) | (290,960) | (2,585,064) | (282,297) | (13,990,748) | (648,211) | (28,358,687) |
Change from Class A Share Transactions | 575,522 | 5,145,102 | (53,644) | (470,981) | 112,639 | 5,457,068 | 33,015 | 1,792,705 |
Class C | ||||||||
Proceeds from Shares issued | 1,988 | 17,680 | 27,502 | 246,250 | 168,327 | 7,715,104 | 262,542 | 10,711,065 |
Reinvestment of distributions | 2,057 | 18,180 | 3,612 | 32,028 | 10,095 | 460,113 | 21,600 | 818,513 |
Cost of Shares redeemed | (10,042) | (88,551) | (18,498) | (163,584) | (227,964) | (10,099,865) | (452,817) | (18,059,531) |
Change from Class C Share Transactions | (5,997) | (52,691) | 12,616 | 114,694 | (49,542) | (1,924,648) | (168,675) | (6,529,953) |
Class Y | ||||||||
Proceeds from Shares issued | 4,197,485 | 36,841,754 | 8,716,760 | 78,032,049 | 11,828,861 | 600,058,465 | 18,711,876 | 837,891,526 |
Reinvestment of distributions | 497,061 | 4,401,227 | 825,222 | 7,335,072 | 597,357 | 30,830,297 | 924,879 | 38,740,907 |
Cost of Shares redeemed | (3,412,386) | (30,055,137) | (7,744,580) | (69,165,993) | (8,444,286) | (426,648,468) | (22,184,645) | (986,903,115) |
Change from Class Y Share Transactions | 1,282,160 | 11,187,844 | 1,797,402 | 16,201,128 | 3,981,932 | 204,240,294 | (2,547,890) | (110,270,682) |
Class Z | ||||||||
Proceeds from Shares issued | — | — | — | — | 90,036 | 4,433,912 | 121,238 | 5,343,875 |
Reinvestment of distributions | — | — | — | — | 6,046 | 301,347 | 12,847 | 525,007 |
Cost of Shares redeemed | — | — | — | — | (110,827) | (5,529,193) | (220,182) | (9,632,951) |
Change from Class Z Share Transactions | — | — | — | — | (14,745) | (793,934) | (86,097) | (3,764,069) |
Institutional Class | ||||||||
Proceeds from Shares issued | 4,406,843 | 38,895,517 | 9,007,849 | 80,101,204 | 4,126,741 | 211,694,542 | 10,157,506 | 452,106,954 |
Reinvestment of distributions | 435,956 | 3,858,893 | 720,494 | 6,403,344 | 96,042 | 4,982,269 | 131,954 | 5,549,935 |
Cost of Shares redeemed | (4,662,667) | (40,922,337) | (8,060,077) | (71,717,690) | (3,018,161) | (155,733,492) | (10,610,262) | (468,696,627) |
Change from Institutional Class Share Transactions | 180,132 | 1,832,073 | 1,668,266 | 14,786,858 | 1,204,622 | 60,943,319 | (320,802) | (11,039,738) |
Class R6 | ||||||||
Proceeds from Shares issued | 454,011 | 4,032,008 | 2,968,049 | 26,523,017 | 1,673,360 | 83,824,656 | 3,316,011 | 149,069,605 |
Reinvestment of distributions | 9,109 | 80,655 | 15,496 | 137,717 | 28,590 | 1,486,549 | 30,863 | 1,299,019 |
Cost of Shares redeemed | (282,451) | (2,474,016) | (256,983) | (2,300,952) | (2,297,382) | (117,906,044) | (4,416,974) | (198,665,238) |
Change from Class R6 Share Transactions | 180,669 | 1,638,647 | 2,726,562 | 24,359,782 | (595,432) | (32,594,839) | (1,070,100) | (48,296,614) |
Change from Share Transactions | 2,212,486 | $19,750,975 | 6,151,202 | $54,991,481 | 4,639,474 | $235,327,260 | (4,160,549) | $(178,108,351) |
(A) | Represents the period from commencement of operations (August 31, 2023) through September 30, 2023 for Class R6 shares. |
Touchstone Mid Cap Value Fund | Touchstone Sands Capital International Growth Equity Fund | ||||||
For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023(A) | ||||
Shares | Dollars | Shares | Dollars | Shares | Dollars | Shares | Dollars |
63,506 | $1,349,998 | 237,934 | $5,073,860 | 124,004 | $1,025,027 | 110,039 | $812,323 |
10,515 | 228,631 | 34,260 | 711,225 | 35,641 | 284,067 | 22,885 | 154,471 |
(76,744) | (1,614,168) | (198,019) | (4,164,561) | (215,956) | (1,649,599) | (216,669) | (1,569,311) |
(2,723) | (35,539) | 74,175 | 1,620,524 | (56,311) | (340,505) | (83,745) | (602,517) |
6,386 | 129,492 | 28,244 | 572,306 | — | — | 3,174 | 20,838 |
2,086 | 43,134 | 11,712 | 232,769 | 1,385 | 11,058 | — | — |
(57,098) | (1,165,054) | (94,968) | (1,917,691) | (4,252) | (32,562) | (129,830) | (969,135) |
(48,626) | (992,428) | (55,012) | (1,112,616) | (2,867) | (21,504) | (126,656) | (948,297) |
919,607 | 19,777,034 | 3,528,173 | 74,591,975 | 1,043,058 | 8,572,117 | 255,485 | 1,846,988 |
275,686 | 6,045,932 | 1,019,703 | 21,305,963 | 82,239 | 657,103 | 57,249 | 386,433 |
(1,837,775) | (39,399,416) | (5,919,866) | (123,438,369) | (960,575) | (7,457,191) | (775,331) | (5,466,599) |
(642,482) | (13,576,450) | (1,371,990) | (27,540,431) | 164,722 | 1,772,029 | (462,597) | (3,233,178) |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
6,696,655 | 145,046,989 | 6,143,322 | 130,109,089 | — | — | 697,797 | 5,086,978 |
250,359 | 5,531,892 | 815,809 | 17,149,947 | 18 | 142 | 24,215 | 163,206 |
(5,364,724) | (115,263,008) | (9,273,811) | (195,771,133) | — | — | (1,710,896) | (12,784,237) |
1,582,290 | 35,315,873 | (2,314,680) | (48,512,097) | 18 | 142 | (988,884) | (7,534,053) |
— | — | — | — | — | — | 2,058,781 | 15,585,000 |
— | — | — | — | 86,314 | 688,890 | — | — |
— | — | — | — | — | — | — | — |
— | — | — | — | 86,314 | 688,890 | 2,058,781 | 15,585,000 |
888,459 | $20,711,456 | (3,667,507) | $(75,544,620) | 191,876 | $2,099,052 | 396,899 | $3,266,955 |
Touchstone Sands Capital Select Growth Fund^ | Touchstone Small Cap Fund | |||||||
For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | |||||
Shares | Dollars | Shares | Dollars | Shares | Dollars | Shares | Dollars | |
Class A | ||||||||
Proceeds from Shares issued | 668,663 | $8,485,367 | 1,817,428 | $17,756,652 | 720,265 | $9,913,338 | 282,898 | $3,741,430 |
Reinvestment of distributions | — | — | — | — | 23,746 | 322,069 | 5,950 | 71,156 |
Cost of Shares redeemed | (4,013,005) | (49,455,213) | (7,233,428) | (69,188,926) | (60,562) | (824,141) | (91,363) | (1,150,402) |
Change from Class A Share Transactions | (3,344,342) | (40,969,846) | (5,416,000) | (51,432,274) | 683,449 | 9,411,266 | 197,485 | 2,662,184 |
Class C | ||||||||
Proceeds from Shares issued | 55,405 | 680,291 | 133,400 | 1,305,737 | 64,243 | 806,716 | 11,810 | 130,998 |
Reinvestment of distributions | — | — | — | — | 832 | 9,829 | 378 | 3,981 |
Cost of Shares redeemed | (299,414) | (3,738,145) | (849,812) | (8,113,817) | (3,135) | (36,851) | (4,468) | (50,099) |
Change from Class C Share Transactions | (244,009) | (3,057,854) | (716,412) | (6,808,080) | 61,940 | 779,694 | 7,720 | 84,880 |
Class S | ||||||||
Proceeds from Shares issued | — | — | — | — | — | — | — | — |
Reinvestment of distributions | — | — | — | — | — | — | — | — |
Cost of Shares redeemed | — | — | — | — | — | — | — | — |
Change from Class S Share Transactions | — | — | — | — | — | — | — | — |
Class Y | ||||||||
Proceeds from Shares issued | 2,127,185 | 30,024,934 | 10,684,298 | 113,318,127 | 7,279,834 | 104,188,434 | 2,942,642 | 38,124,552 |
Reinvestment of distributions | — | — | — | — | 227,584 | 3,165,014 | 88,365 | 1,078,094 |
Cost of Shares redeemed | (10,494,793) | (154,474,727) | (25,072,578) | (268,598,210) | (909,133) | (12,799,611) | (1,030,250) | (13,477,272) |
Change from Class Y Share Transactions | (8,367,608) | (124,449,793) | (14,388,280) | (155,280,083) | 6,598,285 | 94,553,837 | 2,000,757 | 25,725,374 |
Class Z | ||||||||
Proceeds from Shares issued | 764,757 | 9,358,663 | 453,854 | 4,430,287 | — | — | — | — |
Reinvestment of distributions | — | — | — | — | — | — | — | — |
Cost of Shares redeemed | (2,035,381) | (25,573,178) | (5,668,122) | (53,642,802) | — | — | — | — |
Change from Class Z Share Transactions | (1,270,624) | (16,214,515) | (5,214,268) | (49,212,515) | — | — | — | — |
Institutional Class | ||||||||
Proceeds from Shares issued | 21,470,414 | 308,518,700 | 48,862,372 | 525,452,758 | 396,587 | 5,526,263 | 318,407 | 3,953,747 |
Reinvestment of distributions | — | — | — | — | 93,132 | 1,292,343 | 55,124 | 670,169 |
Cost of Shares redeemed | (32,415,943) | (447,797,117) | (71,925,180) | (767,936,700) | (230,680) | (3,284,373) | (705,382) | (9,040,404) |
Change from Institutional Class Share Transactions | (10,945,529) | (139,278,417) | (23,062,808) | (242,483,942) | 259,039 | 3,534,233 | (331,851) | (4,416,488) |
Class R6 | ||||||||
Proceeds from Shares issued | 1,940,515 | 27,365,968 | 8,081,234 | 89,264,784 | — | — | — | — |
Cost of Shares redeemed | (2,610,032) | (37,955,158) | (7,100,239) | (78,995,816) | — | — | — | — |
Change from Class R6 Share Transactions | (669,517) | (10,589,190) | 980,995 | 10,268,968 | — | — | — | — |
Change from Share Transactions | (24,841,629) | $(334,559,615) | (47,816,773) | $(494,947,926) | 7,602,713 | $108,279,030 | 1,874,111 | $24,055,950 |
^ | The September 30, 2023 Class C share amounts relating to Proceeds from Shares issued, Reinvestment of distributions, Cost of Shares redeemed, and Change from Class C Share Transactions as well as Change from Share transactions were updated to reflect the effect of a 1 for 0.796098 reverse stock split for Class C shares on October 14, 2022. |
Touchstone Small Cap Value Fund | Touchstone Ultra Short Duration Fixed Income Fund | ||||||
For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | For the Six Months Ended March 31, 2024 (Unaudited) | For the Year Ended September 30, 2023 | ||||
Shares | Dollars | Shares | Dollars | Shares | Dollars | Shares | Dollars |
3,618 | $122,250 | 14,025 | $456,553 | 1,180,117 | $10,743,452 | 2,255,294 | $20,324,438 |
3,545 | 124,284 | 129 | 4,019 | 195,943 | 1,789,425 | 382,000 | 3,445,484 |
(23,109) | (768,451) | (39,115) | (1,258,663) | (1,077,385) | (9,833,398) | (8,198,132) | (73,903,505) |
(15,946) | (521,917) | (24,961) | (798,091) | 298,675 | 2,699,479 | (5,560,838) | (50,133,583) |
1,233 | 40,270 | 3,244 | 98,563 | 153,777 | 1,404,207 | 173,382 | 1,563,481 |
42 | 1,388 | — | — | 5,989 | 54,744 | 10,468 | 94,530 |
(413) | (13,801) | (2,335) | (71,329) | (139,451) | (1,274,509) | (377,159) | (3,399,049) |
862 | 27,857 | 909 | 27,234 | 20,315 | 184,442 | (193,309) | (1,741,038) |
— | — | — | — | 6,167 | 56,051 | 15,966 | 143,784 |
— | — | — | — | 82,224 | 751,172 | 143,348 | 1,294,155 |
— | — | — | — | (459,620) | (4,192,078) | (975,095) | (8,791,629) |
— | — | — | — | (371,229) | (3,384,855) | (815,781) | (7,353,690) |
46,431 | 1,556,449 | 119,524 | 3,902,207 | 9,591,039 | 87,582,656 | 15,457,511 | 139,351,355 |
6,245 | 220,390 | 970 | 30,495 | 520,310 | 4,754,060 | 887,509 | 8,012,776 |
(67,133) | (2,193,804) | (186,446) | (6,060,333) | (7,932,976) | (72,430,407) | (22,793,855) | (205,592,385) |
(14,457) | (416,965) | (65,952) | (2,127,631) | 2,178,373 | 19,906,309 | (6,448,835) | (58,228,254) |
— | — | — | — | 135,477 | 1,234,319 | 311,298 | 2,810,054 |
— | — | — | — | 108,162 | 988,018 | 185,731 | 1,676,437 |
— | — | — | — | (408,900) | (3,729,832) | (1,461,843) | (13,182,828) |
— | — | — | — | (165,261) | (1,507,495) | (964,814) | (8,696,337) |
1,481,824 | 52,355,185 | 2,744,901 | 91,191,122 | 1,508,966 | 13,780,883 | 5,200,345 | 46,884,763 |
9,443 | 334,285 | 2,085 | 65,643 | 258,982 | 2,362,868 | 669,285 | 6,034,088 |
(365,209) | (12,124,476) | (1,289,599) | (42,519,091) | (5,048,387) | (45,983,694) | (16,341,527) | (147,233,412) |
1,126,058 | 40,564,994 | 1,457,387 | 48,737,674 | (3,280,439) | (29,839,943) | (10,471,897) | (94,314,561) |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
— | — | — | — | — | — | — | — |
1,096,517 | $39,653,969 | 1,367,383 | $45,839,186 | (1,319,566) | $(11,942,063) | (24,455,474) | $(220,467,463) |
Touchstone Active Bond Fund | ||||||||||||||||||||||||||||
Period ended | Net asset value at beginning of period | Net investment income | Net realized and unrealized gains (losses) on investments | Total from investment operations | Distributions from net investment income | Distributions from realized capital gains | Total distributions | Net asset value at end of period | Total return(1) | Net assets at end of period (000's) | Ratio of net expenses to average net assets | Ratio of gross expenses to average net assets | Ratio of net investment income (loss) to average net assets | Portfolio turnover rate | ||||||||||||||
Class A | ||||||||||||||||||||||||||||
09/30/19 | $10.01 | $0.27 | $0.68 | $0.95 | $(0.28) | $ — | $(0.28) | $10.68 | 9.68% | $127,502 | 0.90% | 1.00% | 2.68% | 235% | ||||||||||||||
09/30/20 | 10.68 | 0.28(2) | 0.55 | 0.83 | (0.28) | — | (0.28) | 11.23 | 7.91 | 128,086 | 0.90 | 0.95 | 2.54 | 261 | ||||||||||||||
09/30/21 | 11.23 | 0.22(2) | (0.10) | 0.12 | (0.23) | — | (0.23) | 11.12 | 1.10 | 186,813 | 0.90 | 0.93 | 1.99 | 144(3) | ||||||||||||||
09/30/22 | 11.12 | 0.23(2) | (2.04) | (1.81) | (0.25) | (0.03) | (0.28) | 9.03 | (16.52) | 135,000 | 0.85 | 0.93 | 2.20 | 159 | ||||||||||||||
09/30/23 | 9.03 | 0.34(2) | (0.13) | 0.21 | (0.34) | — | (0.34) | 8.90 | 2.29 | 120,437 | 0.83 | 0.97 | 3.66 | 146 | ||||||||||||||
03/31/24(4) | 8.90 | 0.18(2) | 0.40 | 0.58 | (0.18) | — | (0.18) | 9.30 | 6.57(5) | 118,882 | 0.83(6) | 0.98(6) | 3.91(6) | 81(5) | ||||||||||||||
Class C | ||||||||||||||||||||||||||||
09/30/19 | $9.23 | $0.12 | $0.68 | $0.80 | $(0.21) | $ — | $(0.21) | $9.82 | 8.83% | $11,743 | 1.65% | 1.85% | 1.93% | 235% | ||||||||||||||
09/30/20 | 9.82 | 0.18(2) | 0.51 | 0.69 | (0.21) | — | (0.21) | 10.30 | 7.11 | 5,618 | 1.65 | 1.93 | 1.79 | 261 | ||||||||||||||
09/30/21 | 10.30 | 0.13(2) | (0.09) | 0.04 | (0.16) | — | (0.16) | 10.18 | 0.39 | 9,229 | 1.64 | 1.93 | 1.25 | 144(3) | ||||||||||||||
09/30/22 | 10.18 | 0.14(2) | (1.87) | (1.73) | (0.18) | (0.03) | (0.21) | 8.24 | (17.17) | 4,667 | 1.58 | 1.89 | 1.46 | 159 | ||||||||||||||
09/30/23 | 8.24 | 0.25(2) | (0.11) | 0.14 | (0.28) | — | (0.28) | 8.10 | 1.65 | 3,290 | 1.56 | 2.15 | 2.93 | 146 | ||||||||||||||
03/31/24(4) | 8.10 | 0.13(2) | 0.36 | 0.49 | (0.15) | — | (0.15) | 8.44 | 6.10(5) | 2,930 | 1.56(6) | 2.33(6) | 3.18(6) | 81(5) | ||||||||||||||
Class Y | ||||||||||||||||||||||||||||
09/30/19 | $10.00 | $0.31 | $0.67 | $0.98 | $(0.31) | $ — | $(0.31) | $10.67 | 9.96% | $90,336 | 0.65% | 0.73% | 2.93% | 235% | ||||||||||||||
09/30/20 | 10.67 | 0.30(2) | 0.56 | 0.86 | (0.31) | — | (0.31) | 11.22 | 8.18 | 90,235 | 0.65 | 0.73 | 2.79 | 261 | ||||||||||||||
09/30/21 | 11.22 | 0.25(2) | (0.10) | 0.15 | (0.26) | — | (0.26) | 11.11 | 1.35 | 92,882 | 0.65 | 0.70 | 2.24 | 144(3) | ||||||||||||||
09/30/22 | 11.11 | 0.25(2) | (2.03) | (1.78) | (0.28) | (0.03) | (0.31) | 9.02 | (16.32) | 56,003 | 0.60 | 0.68 | 2.44 | 159 | ||||||||||||||
09/30/23 | 9.02 | 0.36(2) | (0.13) | 0.23 | (0.36) | — | (0.36) | 8.89 | 2.55 | 48,931 | 0.58 | 0.72 | 3.91 | 146 | ||||||||||||||
03/31/24(4) | 8.89 | 0.19(2) | 0.41 | 0.60 | (0.19) | — | (0.19) | 9.30 | 6.83(5) | 49,433 | 0.58(6) | 0.73(6) | 4.16(6) | 81(5) | ||||||||||||||
Institutional Class | ||||||||||||||||||||||||||||
09/30/19 | $10.00 | $0.30 | $0.69 | $0.99 | $(0.32) | $ — | $(0.32) | $10.67 | 10.06% | $96,477 | 0.57% | 0.66% | 3.01% | 235% | ||||||||||||||
09/30/20 | 10.67 | 0.31(2) | 0.56 | 0.87 | (0.32) | — | (0.32) | 11.22 | 8.23 | 134,659 | 0.57 | 0.63 | 2.87 | 261 | ||||||||||||||
09/30/21 | 11.22 | 0.26(2) | (0.10) | 0.16 | (0.27) | — | (0.27) | 11.11 | 1.43 | 99,607 | 0.57 | 0.61 | 2.32 | 144(3) | ||||||||||||||
09/30/22 | 11.11 | 0.26(2) | (2.04) | (1.78) | (0.28) | (0.03) | (0.31) | 9.02 | (16.26) | 68,399 | 0.52 | 0.59 | 2.53 | 159 | ||||||||||||||
09/30/23 | 9.02 | 0.37(2) | (0.13) | 0.24 | (0.37) | — | (0.37) | 8.89 | 2.63 | 78,943 | 0.50 | 0.63 | 3.99 | 146 | ||||||||||||||
03/31/24(4) | 8.89 | 0.19(2) | 0.41 | 0.60 | (0.20) | — | (0.20) | 9.29 | 6.76(5) | 81,889 | 0.50(6) | 0.64(6) | 4.24(6) | 81(5) |
(1) | Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(2) | The net investment income per share was based on average shares outstanding for the period. |
(3) | Portfolio turnover excludes the purchases and sales of securities of the AIG U.S. Government Securities Fund acquired on July 16, 2021. If these transactions were included, portfolio turnover would have been higher. |
(4) | Unaudited. |
(5) | Not annualized. |
(6) | Annualized. |
Touchstone Ares Credit Opportunities Fund | ||||||||||||||||||||||||||||||
Period ended | Net asset value at beginning of period | Net investment income | Net realized and unrealized gains (losses) on investments | Total from investment operations | Distributions from net investment income | Distributions from realized capital gains | Return of capital | Total distributions | Net asset value at end of period | Total return(1) | Net assets at end of period (000's) | Ratio of net expenses to average net assets(2) | Ratio of gross expenses to average net assets(2) | Ratio of net investment income (loss) to average net assets | Portfolio turnover rate | |||||||||||||||
Class A | ||||||||||||||||||||||||||||||
06/30/19 | $9.96 | $0.52 | $0.12 | $0.64 | $(0.54) | $ (0.11) | $— | $(0.65) | $9.95 | 6.69% | $226 | 1.55% | 7.56% | 5.46% | 94% | |||||||||||||||
09/30/19(3) | 9.95 | 0.20 | 0.04 | 0.24 | (0.12) | (0.04) | — | (0.16) | 10.03 | 1.40(4) | 7,239 | 1.18(5) | 2.55(5) | 5.43(5) | 28(4)(6) | |||||||||||||||
09/30/20 | 10.03 | 0.57 | (0.61) | (0.04) | (0.54) | — | — | (0.54) | 9.45 | (0.29) | 5,597 | 1.18 | 1.61 | 5.90 | 115 | |||||||||||||||
09/30/21 | 9.45 | 0.47(7) | 1.07 | 1.54 | (0.53) | — | — | (0.53) | 10.46 | 16.67 | 141,422 | 1.09 | 1.32 | 4.45 | 135(8) | |||||||||||||||
09/30/22 | 10.46 | 0.47(7) | (1.53) | (1.06) | (0.43) | (0.32) | (0.01) | (0.76) | 8.64 | (10.60) | 115,483 | 1.07 | 1.26 | 4.87 | 72 | |||||||||||||||
09/30/23 | 8.64 | 0.67(7) | 0.12 | 0.79 | (0.68) | — | — | (0.68) | 8.75 | 9.31 | 111,502 | 1.07 | 1.26 | 7.59 | 54 | |||||||||||||||
03/31/24(9) | 8.75 | 0.36(7) | 0.31 | 0.67 | (0.38) | — | — | (0.38) | 9.04 | 7.83(4) | 114,040 | 1.05(5) | 1.20(5) | 8.06(5) | 25(4) | |||||||||||||||
Class C | ||||||||||||||||||||||||||||||
06/30/19 | $10.00 | $0.43 | $0.14 | $0.57 | $(0.48) | $ (0.11) | $— | $(0.59) | $9.98 | 5.97% | $127 | 2.26% | 11.81% | 4.75% | 94% | |||||||||||||||
09/30/19(3) | 9.98 | 0.19 | (0.27) | (0.08) | (0.11) | (0.04) | — | (0.15) | 9.75 | 1.15(4) | 4,538 | 1.93(5) | 3.62(5) | 4.68(5) | 28(4)(6) | |||||||||||||||
09/30/20 | 9.75 | 0.52 | (0.62) | (0.10) | (0.47) | — | — | (0.47) | 9.18 | (0.98) | 2,246 | 1.93 | 2.61 | 5.15 | 115 | |||||||||||||||
09/30/21 | 9.18 | 0.40(7) | 1.02 | 1.42 | (0.47) | — | — | (0.47) | 10.13 | 15.79 | 31,605 | 1.56 | 2.17 | 3.98 | 135(8) | |||||||||||||||
09/30/22 | 10.13 | 0.42(7) | (1.47) | (1.05) | (0.40) | (0.32) | (0.01) | (0.73) | 8.35 | (11.01) | 17,575 | 1.47 | 2.05 | 4.47 | 72 | |||||||||||||||
09/30/23 | 8.35 | 0.61(7) | 0.11 | 0.72 | (0.64) | — | — | (0.64) | 8.43 | 8.91 | 17,580 | 1.47 | 2.07 | 7.19 | 54 | |||||||||||||||
03/31/24(9) | 8.43 | 0.33(7) | 0.30 | 0.63 | (0.37) | — | — | (0.37) | 8.69 | 7.56(4) | 21,635 | 1.45(5) | 2.03(5) | 7.66(5) | 25(4) | |||||||||||||||
Class Y | ||||||||||||||||||||||||||||||
06/30/19 | $9.96 | $0.60 | $0.06 | $0.66 | $(0.56) | $ (0.11) | $— | $(0.67) | $9.95 | 7.05% | $11,356 | 1.09% | 1.71% | 5.93% | 94% | |||||||||||||||
09/30/19(3) | 9.95 | 0.17 | 0.21 | 0.38 | (0.13) | (0.04) | — | (0.17) | 10.16 | 1.54(4) | 47,483 | 0.93(5) | 1.60(5) | 5.68(5) | 28(4)(6) | |||||||||||||||
09/30/20 | 10.16 | 0.59 | (0.62) | (0.03) | (0.56) | — | — | (0.56) | 9.57 | (0.13) | 36,558 | 0.93 | 1.20 | 6.15 | 115 | |||||||||||||||
09/30/21 | 9.57 | 0.48(7) | 1.11 | 1.59 | (0.55) | — | — | (0.55) | 10.61 | 16.98 | 101,613 | 0.88 | 1.07 | 4.66 | 135(8) | |||||||||||||||
09/30/22 | 10.61 | 0.49(7) | (1.54) | (1.05) | (0.45) | (0.32) | (0.01) | (0.78) | 8.78 | (10.47) | 135,892 | 0.87 | 1.02 | 5.07 | 72 | |||||||||||||||
09/30/23 | 8.78 | 0.70(7) | 0.12 | 0.82 | (0.70) | — | — | (0.70) | 8.90 | 9.55 | 210,871 | 0.87 | 1.00 | 7.79 | 54 | |||||||||||||||
03/31/24(9) | 8.90 | 0.37(7) | 0.31 | 0.68 | (0.39) | — | — | (0.39) | 9.19 | 7.80(4) | 310,801 | 0.85(5) | 0.91(5) | 8.26(5) | 25(4) | |||||||||||||||
Institutional Class | ||||||||||||||||||||||||||||||
06/30/19 | $9.96 | $0.58 | $0.09 | $0.67 | $(0.57) | $ (0.11) | $— | $(0.68) | $9.95 | 7.04% | $47,531 | 1.24% | 1.50% | 5.78% | 94% | |||||||||||||||
09/30/19(3) | 9.95 | 0.15 | 0.29 | 0.44 | (0.13) | (0.04) | — | (0.17) | 10.22 | 1.57(4) | 48,158 | 0.83(5) | 1.36(5) | 5.78(5) | 28(4)(6) | |||||||||||||||
09/30/20 | 10.22 | 0.61 | (0.63) | (0.02) | (0.57) | — | — | (0.57) | 9.63 | (0.02) | 42,982 | 0.83 | 1.06 | 6.25 | 115 | |||||||||||||||
09/30/21 | 9.63 | 0.49(7) | 1.12 | 1.61 | (0.56) | — | — | (0.56) | 10.68 | 17.07 | 2,627 | 0.78 | 0.97 | 4.76 | 135(8) | |||||||||||||||
09/30/22 | 10.68 | 0.51(7) | (1.56) | (1.05) | (0.46) | (0.32) | (0.01) | (0.79) | 8.84 | (10.39) | 2,139 | 0.77 | 1.15 | 5.17 | 72 | |||||||||||||||
09/30/23 | 8.84 | 0.71(7) | 0.11 | 0.82 | (0.70) | — | — | (0.70) | 8.96 | 9.59 | 5,644 | 0.77 | 1.21 | 7.89 | 54 | |||||||||||||||
03/31/24(9) | 8.96 | 0.37(7) | 0.33 | 0.70 | (0.39) | — | — | (0.39) | 9.27 | 8.00(4) | 49,175 | 0.75(5) | 0.94(5) | 8.36(5) | 25(4) |
(1) | Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(2) | The ratio of net and gross expenses to average net assets excluding dividend and interest expense on securities sold short would have been lower by 0.02%, 0.04%, 0.04%, 0.05%, 0.10%, 0.10% and 0.10% for the six months ended March 31, 2024, for the years ended September 30, 2023, 2022, 2021, 2020, for the period ended September 30, 2019, and for the year ended June 30, 2019, respectively. |
(3) | The Fund changed its fiscal year end from June 30 to September 30. |
(4) | Not annualized. |
(5) | Annualized. |
(6) | Portfolio turnover excludes the purchases and sales of securities by the Touchstone Ares Credit Opportunities Fund acquired on September 6, 2019. If these transactions were included, portfolio turnover would have been higher. |
(7) | The net investment income per share was based on average shares outstanding for the period. |
(8) | Portfolio turnover excludes the purchases and sales of securities by the Touchstone Dynamic Diversified Income Fund and the AIG Senior Floating Rate Fund acquired on June 25, 2021 and July 16, 2021, respectively. If these transactions were included, portfolio turnover would have been higher. |
(9) | Unaudited. |
Touchstone Dividend Equity Fund | ||||||||||||||||||||||||||||
Period ended | Net asset value at beginning of period | Net investment income(1) | Net realized and unrealized gains (losses) on investments | Total from investment operations | Distributions from net investment income | Distributions from realized capital gains | Total distributions | Net asset value at end of period | Total return(2) | Net assets at end of period (000's) | Ratio of net expenses to average net assets | Ratio of gross expenses to average net assets | Ratio of net investment income (loss) to average net assets | Portfolio turnover rate | ||||||||||||||
Class A | ||||||||||||||||||||||||||||
10/31/18 | $18.81 | $0.47 | $0.15 | $0.62 | $(0.44) | $ (1.44) | $(1.88) | $17.55 | 3.03% | $3,570,189 | 1.04% | 1.04% | 2.57% | 38% | ||||||||||||||
10/31/19 | 17.55 | 0.50 | 0.39 | 0.89 | (0.49) | (0.78) | (1.27) | 17.17 | 5.42 | 2,381,987 | 1.05 | 1.05 | 2.90 | 37 | ||||||||||||||
10/31/20 | 17.17 | 0.55 | (2.42) | (1.87) | (0.60) | (0.58) | (1.18) | 14.12 | (11.33) | 1,666,379 | 1.09 | 1.09 | 3.60 | 68 | ||||||||||||||
09/30/21(3) | 14.12 | 0.29 | 2.83 | 3.12 | (0.36) | — | (0.36) | 16.88 | 22.13(4) | 1,737,804 | 1.09(5) | 1.09(5) | 1.91(5) | 83(4)(6) | ||||||||||||||
09/30/22 | 16.88 | 0.28 | (1.87) | (1.59) | (0.30) | (0.31) | (0.61) | 14.68 | (9.90) | 1,398,059 | 0.99 | 1.00 | 1.64 | 12 | ||||||||||||||
09/30/23 | 14.68 | 0.31 | 1.70 | 2.01 | (0.27) | (0.59) | (0.86) | 15.83 | 13.59 | 1,388,830 | 0.99 | 1.02 | 1.87 | 13(7) | ||||||||||||||
03/31/24(8) | 15.83 | 0.17 | 2.94 | 3.11 | (0.23) | (0.43) | (0.66) | 18.28 | 19.95(4) | 1,542,407 | 0.99(5) | 1.02(5) | 1.96(5) | 5(4) | ||||||||||||||
Class C | ||||||||||||||||||||||||||||
10/31/18 | $18.65 | $0.35 | $0.14 | $0.49 | $(0.32) | $ (1.44) | $(1.76) | $17.38 | 2.31% | $3,142,587 | 1.69% | 1.69% | 1.92% | 38% | ||||||||||||||
10/31/19 | 17.38 | 0.38 | 0.39 | 0.77 | (0.37) | (0.78) | (1.15) | 17.00 | 4.78 | 2,421,728 | 1.70 | 1.70 | 2.27 | 37 | ||||||||||||||
10/31/20 | 17.00 | 0.47 | (2.40) | (1.93) | (0.50) | (0.58) | (1.08) | 13.99 | (11.89) | 1,117,141 | 1.74 | 1.74 | 2.99 | 68 | ||||||||||||||
09/30/21(3) | 13.99 | 0.19 | 2.80 | 2.99 | (0.24) | — | (0.24) | 16.74 | 21.38(4) | 806,336 | 1.75(5) | 1.77(5) | 1.27(5) | 83(4)(6) | ||||||||||||||
09/30/22 | 16.74 | 0.16 | (1.86) | (1.70) | (0.17) | (0.31) | (0.48) | 14.56 | (10.54) | 471,273 | 1.69 | 1.76 | 0.94 | 12 | ||||||||||||||
09/30/23 | 14.56 | 0.19 | 1.69 | 1.88 | (0.15) | (0.59) | (0.74) | 15.70 | 12.79 | 339,231 | 1.69 | 1.78 | 1.17 | 13(7) | ||||||||||||||
03/31/24(8) | 15.70 | 0.11 | 2.91 | 3.02 | (0.16) | (0.43) | (0.59) | 18.13 | 19.56(4) | 301,998 | 1.69(5) | 1.79(5) | 1.26(5) | 5(4) | ||||||||||||||
Class Y | ||||||||||||||||||||||||||||
10/31/18 | $18.79 | $0.51 | $0.15 | $0.66 | $(0.49) | $ (1.44) | $(1.93) | $17.52 | 3.21% | $5,289,972 | 0.84% | 0.84% | 2.77% | 38% | ||||||||||||||
10/31/19 | 17.52 | 0.53 | 0.39 | 0.92 | (0.52) | (0.78) | (1.30) | 17.14 | 5.66 | 4,094,116 | 0.85 | 0.85 | 3.13 | 37 | ||||||||||||||
10/31/20 | 17.14 | 0.61 | (2.44) | (1.83) | (0.63) | (0.58) | (1.21) | 14.10 | (11.11) | 1,691,794 | 0.88 | 0.88 | 3.83 | 68 | ||||||||||||||
09/30/21(3)(9) | 14.10 | 0.33 | 2.81 | 3.14 | (0.39) | — | (0.39) | 16.85 | 22.33(4) | 1,161,841 | 0.88(5) | 0.88(5) | 2.14(5) | 83(4)(6) | ||||||||||||||
09/30/22 | 16.85 | 0.32 | (1.86) | (1.54) | (0.34) | (0.31) | (0.65) | 14.66 | (9.69) | 772,987 | 0.74 | 0.74 | 1.89 | 12 | ||||||||||||||
09/30/23 | 14.66 | 0.34 | 1.70 | 2.04 | (0.31) | (0.59) | (0.90) | 15.80 | 13.89 | 675,229 | 0.76 | 0.76 | 2.10 | 13(7) | ||||||||||||||
03/31/24(8) | 15.80 | 0.18 | 2.95 | 3.13 | (0.25) | (0.43) | (0.68) | 18.25 | 20.12(4) | 724,918 | 0.76(5) | 0.76(5) | 2.18(5) | 5(4) | ||||||||||||||
Institutional Class | ||||||||||||||||||||||||||||
09/30/21(3)(10) | $17.02 | $0.07 | $(0.17) | $(0.10) | $(0.08) | $ — | $(0.08) | $16.84 | (0.61)%(4) | $313 | 0.67%(5) | 3.37%(5) | 2.01%(5) | 83%(4)(6) | ||||||||||||||
09/30/22 | 16.84 | 0.33 | (1.85) | (1.52) | (0.36) | (0.31) | (0.67) | 14.65 | (9.62) | 885 | 0.67 | 1.80 | 1.97 | 12 | ||||||||||||||
09/30/23 | 14.65 | 0.35 | 1.70 | 2.05 | (0.32) | (0.59) | (0.91) | 15.79 | 13.91 | 2,013 | 0.67 | 0.96 | 2.19 | 13(7) | ||||||||||||||
03/31/24(8) | 15.79 | 0.19 | 2.94 | 3.13 | (0.25) | (0.43) | (0.68) | 18.24 | 20.18(4) | 2,005 | 0.67(5) | 1.07(5) | 2.28(5) | 5(4) | ||||||||||||||
Class R6 | ||||||||||||||||||||||||||||
09/30/21(3)(11) | $17.34 | $0.06 | $(0.48) | $(0.42) | $(0.08) | $ — | $(0.08) | $16.84 | (2.44)%(4) | $2 | 0.65%(5) | 359.78%(5) | 2.26%(5) | 83%(4)(6) | ||||||||||||||
09/30/22 | 16.84 | 0.32 | (1.84) | (1.52) | (0.36) | (0.31) | (0.67) | 14.65 | (9.56) | 1,510 | 0.65 | 1.76 | 1.99 | 12 | ||||||||||||||
09/30/23 | 14.65 | 0.36 | 1.70 | 2.06 | (0.33) | (0.59) | (0.92) | 15.79 | 13.94 | 974 | 0.65 | 1.39 | 2.20 | 13(7) | ||||||||||||||
03/31/24(8) | 15.79 | 0.19 | 2.95 | 3.14 | (0.26) | (0.43) | (0.69) | 18.24 | 20.19(4) | 805 | 0.65(5) | 1.77(5) | 2.30(5) | 5(4) |
(1) | The net investment income per share was based on average shares outstanding for the period. |
(2) | Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(3) | The Fund changed its fiscal year end from October 31 to September 30. |
(4) | Not annualized. |
(5) | Annualized. |
(6) | Portfolio turnover excludes the purchases and sales of securities by the AIG Select Dividend Growth Fund acquired on July 16, 2021. If these transactions were included, portfolio turnover would have been higher. |
(7) | Portfolio turnover excludes securities delivered from processing redemptions-in-kind. |
(8) | Unaudited. |
(9) | Effective July 16, 2021, Class W shares of the AIG Focused Dividend Strategy Fund were reorganized into Class Y shares of the Fund. |
(10) | Represents the period from commencement of operations (July 19, 2021) through September 30, 2021. |
(11) | Represents the period from commencement of operations (August 2, 2021) through September 30, 2021. |
Touchstone High Yield Fund | ||||||||||||||||||||||||||
Period ended | Net asset value at beginning of period | Net investment income | Net realized and unrealized gains (losses) on investments | Total from investment operations | Distributions from net investment income | Total distributions | Net asset value at end of period | Total return(1) | Net assets at end of period (000's) | Ratio of net expenses to average net assets | Ratio of gross expenses to average net assets | Ratio of net investment income (loss) to average net assets | Portfolio turnover rate | |||||||||||||
Class A | ||||||||||||||||||||||||||
09/30/19 | $8.12 | $0.40 | $0.16 | $0.56 | $(0.41) | $(0.41) | $8.27 | 7.08% | $14,642 | 1.05% | 1.28% | 4.95% | 63% | |||||||||||||
09/30/20 | 8.27 | 0.39 | (0.41) | (0.02) | (0.39) | (0.39) | 7.86 | (0.13) | 14,578 | 1.05 | 1.25 | 4.84 | 89 | |||||||||||||
09/30/21 | 7.86 | 0.36 | 0.48 | 0.84 | (0.37) | (0.37) | 8.33 | 10.84 | 15,081 | 1.05 | 1.21 | 4.35 | 96 | |||||||||||||
09/30/22 | 8.33 | 0.33 | (1.54) | (1.21) | (0.35) | (0.35) | 6.77 | (14.88) | 11,824 | 1.05 | 1.26 | 4.33 | 57 | |||||||||||||
09/30/23 | 6.77 | 0.40(2) | 0.31 | 0.71 | (0.41) | (0.41) | 7.07 | 10.69 | 11,322 | 1.05 | 1.35 | 5.60 | 70 | |||||||||||||
03/31/24(3) | 7.07 | 0.21(2) | 0.34 | 0.55 | (0.22) | (0.22) | 7.40 | 7.87(4) | 11,845 | 1.05(5) | 1.37(5) | 5.77(5) | 12(4) | |||||||||||||
Class C | ||||||||||||||||||||||||||
09/30/19 | $8.10 | $0.34 | $0.16 | $0.50 | $(0.35) | $(0.35) | $8.25 | 6.31% | $4,582 | 1.80% | 2.10% | 4.20% | 63% | |||||||||||||
09/30/20 | 8.25 | 0.29 | (0.37) | (0.08) | (0.33) | (0.33) | 7.84 | (0.89) | 1,250 | 1.80 | 2.35 | 4.09 | 89 | |||||||||||||
09/30/21 | 7.84 | 0.26 | 0.52 | 0.78 | (0.31) | (0.31) | 8.31 | 10.07 | 835 | 1.80 | 2.83 | 3.60 | 96 | |||||||||||||
09/30/22 | 8.31 | 0.28 | (1.54) | (1.26) | (0.30) | (0.30) | 6.75 | (15.55) | 700 | 1.80 | 2.82 | 3.58 | 57 | |||||||||||||
09/30/23 | 6.75 | 0.34(2) | 0.31 | 0.65 | (0.36) | (0.36) | 7.04 | 9.74 | 593 | 1.80 | 3.26 | 4.85 | 70 | |||||||||||||
03/31/24(3) | 7.04 | 0.18(2) | 0.34 | 0.52 | (0.19) | (0.19) | 7.37 | 7.50(4) | 433 | 1.80(5) | 4.50(5) | 5.02(5) | 12(4) | |||||||||||||
Class Y | ||||||||||||||||||||||||||
09/30/19 | $8.35 | $0.47 | $0.14 | $0.61 | $(0.44) | $(0.44) | $8.52 | 7.52% | $44,030 | 0.80% | 0.91% | 5.20% | 63% | |||||||||||||
09/30/20 | 8.52 | 0.44 | (0.45) | (0.01) | (0.42) | (0.42) | 8.09 | 0.02 | 33,694 | 0.80 | 0.89 | 5.09 | 89 | |||||||||||||
09/30/21 | 8.09 | 0.39 | 0.50 | 0.89 | (0.40) | (0.40) | 8.58 | 11.18 | 36,447 | 0.80 | 0.89 | 4.60 | 96 | |||||||||||||
09/30/22 | 8.58 | 0.39 | (1.62) | (1.23) | (0.37) | (0.37) | 6.98 | (14.70) | 22,994 | 0.80 | 0.96 | 4.58 | 57 | |||||||||||||
09/30/23 | 6.98 | 0.43(2) | 0.32 | 0.75 | (0.43) | (0.43) | 7.30 | 10.92 | 19,125 | 0.80 | 0.99 | 5.85 | 70 | |||||||||||||
03/31/24(3) | 7.30 | 0.23(2) | 0.35 | 0.58 | (0.23) | (0.23) | 7.65 | 8.03(4) | 19,215 | 0.80(5) | 1.04(5) | 6.02(5) | 12(4) | |||||||||||||
Institutional Class | ||||||||||||||||||||||||||
09/30/19 | $8.35 | $0.44 | $0.16 | $0.60 | $(0.44) | $(0.44) | $8.51 | 7.47% | $135,328 | 0.72% | 0.77% | 5.28% | 63% | |||||||||||||
09/30/20 | 8.51 | 0.43 | (0.42) | 0.01 | (0.43) | (0.43) | 8.09 | 0.21 | 135,974 | 0.72 | 0.75 | 5.17 | 89 | |||||||||||||
09/30/21 | 8.09 | 0.40 | 0.50 | 0.90 | (0.41) | (0.41) | 8.58 | 11.27 | 87,056 | 0.72 | 0.75 | 4.68 | 96 | |||||||||||||
09/30/22 | 8.58 | 0.37 | (1.59) | (1.22) | (0.38) | (0.38) | 6.98 | (14.63) | 67,076 | 0.72 | 0.82 | 4.66 | 57 | |||||||||||||
09/30/23 | 6.98 | 0.43(2) | 0.33 | 0.76 | (0.44) | (0.44) | 7.30 | 11.01 | 69,633 | 0.72 | 0.85 | 5.93 | 70 | |||||||||||||
03/31/24(3) | 7.30 | 0.23(2) | 0.35 | 0.58 | (0.23) | (0.23) | 7.65 | 8.08(4) | 73,418 | 0.72(5) | 0.85(5) | 6.10(5) | 12(4) |
(1) | Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(2) | The net investment income per share was based on average shares outstanding for the period. |
(3) | Unaudited. |
(4) | Not annualized. |
(5) | Annualized. |
Touchstone Impact Bond Fund | ||||||||||||||||||||||||||
Period ended | Net asset value at beginning of period | Net investment income | Net realized and unrealized gains (losses) on investments | Total from investment operations | Distributions from net investment income | Total distributions | Net asset value at end of period | Total return(1) | Net assets at end of period (000's) | Ratio of net expenses to average net assets | Ratio of gross expenses to average net assets | Ratio of net investment income (loss) to average net assets | Portfolio turnover rate | |||||||||||||
Class A | ||||||||||||||||||||||||||
09/30/19 | $9.77 | $0.23 | $0.69 | $0.92 | $(0.25) | $(0.25) | $10.44 | 9.59% | $10,083 | 0.85% | 1.19% | 2.28% | 22% | |||||||||||||
09/30/20 | 10.44 | 0.19 | 0.37 | 0.56 | (0.20) | (0.20) | 10.80 | 5.46 | 16,509 | 0.85 | 1.03 | 1.83 | 21 | |||||||||||||
09/30/21 | 10.80 | 0.15 | (0.21) | (0.06) | (0.17) | (0.17) | 10.57 | (0.57) | 17,997 | 0.84 | 0.93 | 1.43 | 24 | |||||||||||||
09/30/22 | 10.57 | 0.18 | (1.70) | (1.52) | (0.20) | (0.20) | 8.85 | (14.52) | 11,777 | 0.76 | 0.93 | 1.79 | 19 | |||||||||||||
09/30/23 | 8.85 | 0.26 | (0.27) | (0.01) | (0.27) | (0.27) | 8.57 | (0.20) | 10,949 | 0.76 | 0.96 | 2.82 | 15 | |||||||||||||
03/31/24(2) | 8.57 | 0.14(3) | 0.39 | 0.53 | (0.15) | (0.15) | 8.95 | 6.22(4) | 16,586 | 0.76(5) | 0.93(5) | 3.24(5) | 9(4) | |||||||||||||
Class C | ||||||||||||||||||||||||||
09/30/19 | $9.75 | $0.16 | $0.70 | $0.86 | $(0.18) | $(0.18) | $10.43 | 8.89% | $1,475 | 1.60% | 2.94% | 1.53% | 22% | |||||||||||||
09/30/20 | 10.43 | 0.12 | 0.37 | 0.49 | (0.13) | (0.13) | 10.79 | 4.69 | 1,737 | 1.60 | 2.55 | 1.08 | 21 | |||||||||||||
09/30/21 | 10.79 | 0.07 | (0.21) | (0.14) | (0.09) | (0.09) | 10.56 | (1.32) | 1,635 | 1.59 | 2.37 | 0.68 | 24 | |||||||||||||
09/30/22 | 10.56 | 0.10 | (1.69) | (1.59) | (0.13) | (0.13) | 8.84 | (15.18) | 1,415 | 1.51 | 2.25 | 1.04 | 19 | |||||||||||||
09/30/23 | 8.84 | 0.18 | (0.25) | (0.07) | (0.20) | (0.20) | 8.57 | (0.87) | 1,479 | 1.51 | 2.25 | 2.07 | 15 | |||||||||||||
03/31/24(2) | 8.57 | 0.11(3) | 0.39 | 0.50 | (0.12) | (0.12) | 8.95 | 5.82(4) | 1,491 | 1.51(5) | 2.49(5) | 2.49(5) | 9(4) | |||||||||||||
Class Y | ||||||||||||||||||||||||||
09/30/19 | $9.78 | $0.26 | $0.69 | $0.95 | $(0.28) | $(0.28) | $10.45 | 9.84% | $95,218 | 0.60% | 0.68% | 2.53% | 22% | |||||||||||||
09/30/20 | 10.45 | 0.22 | 0.38 | 0.60 | (0.23) | (0.23) | 10.82 | 5.81 | 145,821 | 0.60 | 0.64 | 2.08 | 21 | |||||||||||||
09/30/21 | 10.82 | 0.19 | (0.22) | (0.03) | (0.20) | (0.20) | 10.59 | (0.32) | 199,280 | 0.59 | 0.60 | 1.68 | 24 | |||||||||||||
09/30/22 | 10.59 | 0.20 | (1.70) | (1.50) | (0.23) | (0.23) | 8.86 | (14.37) | 225,457 | 0.51 | 0.52 | 2.04 | 19 | |||||||||||||
09/30/23 | 8.86 | 0.27 | (0.26) | 0.01 | (0.29) | (0.29) | 8.58 | 0.05 | 233,839 | 0.51 | 0.51 | 3.07 | 15 | |||||||||||||
03/31/24(2) | 8.58 | 0.15(3) | 0.39 | 0.54 | (0.16) | (0.16) | 8.96 | 6.35(4) | 255,694 | 0.50(5) | 0.50(5) | 3.49(5) | 9(4) | |||||||||||||
Institutional Class | ||||||||||||||||||||||||||
09/30/19 | $9.78 | $0.27 | $0.69 | $0.96 | $(0.29) | $(0.29) | $10.45 | 9.95% | $207,462 | 0.50% | 0.60% | 2.63% | 22% | |||||||||||||
09/30/20 | 10.45 | 0.23 | 0.38 | 0.61 | (0.24) | (0.24) | 10.82 | 5.92 | 227,734 | 0.50 | 0.59 | 2.18 | 21 | |||||||||||||
09/30/21 | 10.82 | 0.19 | (0.21) | (0.02) | (0.21) | (0.21) | 10.59 | (0.22) | 216,914 | 0.49 | 0.57 | 1.78 | 24 | |||||||||||||
09/30/22 | 10.59 | 0.21 | (1.70) | (1.49) | (0.24) | (0.24) | 8.86 | (14.29) | 243,902 | 0.41 | 0.49 | 2.14 | 19 | |||||||||||||
09/30/23 | 8.86 | 0.28 | (0.26) | 0.02 | (0.30) | (0.30) | 8.58 | 0.15 | 250,604 | 0.41 | 0.48 | 3.17 | 15 | |||||||||||||
03/31/24(2) | 8.58 | 0.16(3) | 0.39 | 0.55 | (0.17) | (0.17) | 8.96 | 6.40(4) | 263,320 | 0.41(5) | 0.48(5) | 3.59(5) | 9(4) | |||||||||||||
Class R6 | ||||||||||||||||||||||||||
09/30/22(6) | $10.51 | $0.19 | $(1.61) | $(1.42) | $(0.23) | $(0.23) | $8.86 | (13.72)%(4) | $2 | 0.37%(5) | 238.46%(5) | 2.18%(5) | 19% | |||||||||||||
09/30/23 | 8.86 | 0.26 | (0.24) | 0.02 | (0.30) | (0.30) | 8.58 | 0.18 | 23,402 | 0.37 | 0.46 | 3.21 | 15 | |||||||||||||
03/31/24(2) | 8.58 | 0.16(3) | 0.39 | 0.55 | (0.17) | (0.17) | 8.96 | 6.42(4) | 26,059 | 0.37(5) | 0.45(5) | 3.63(5) | 9(4) |
(1) | Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(2) | Unaudited. |
(3) | The net investment income per share was based on average shares outstanding for the period. |
(4) | Not annualized. |
(5) | Annualized. |
(6) | Represents the period from commencement of operations (November 22, 2021) through September 30, 2022. |
Touchstone Mid Cap Fund | ||||||||||||||||||||||||||||
Period ended | Net asset value at beginning of period | Net investment income (loss) | Net realized and unrealized gains (losses) on investments | Total from investment operations | Distributions from net investment income | Distributions from realized capital gains | Total distributions | Net asset value at end of period | Total return(1) | Net assets at end of period (000's) | Ratio of net expenses to average net assets(2) | Ratio of gross expenses to average net assets(2) | Ratio of net investment income (loss) to average net assets | Portfolio turnover rate | ||||||||||||||
Class A | ||||||||||||||||||||||||||||
09/30/19 | $34.99 | $0.05 | $5.00 | $5.05 | $(0.02) | $ (1.15) | $(1.17) | $38.87 | 15.34% | $61,772 | 1.23% | 1.36% | 0.19% | 25% | ||||||||||||||
09/30/20 | 38.87 | 0.03(3) | 1.27 | 1.30 | (0.24) | (0.89) | (1.13) | 39.04 | 3.32 | 103,964 | 1.21 | 1.29 | 0.08 | 18 | ||||||||||||||
09/30/21 | 39.04 | (0.07)(3) | 8.33 | 8.26 | (0.13) | (0.70) | (0.83) | 46.47 | 21.34 | 137,477 | 1.22 | 1.23 | (0.15) | 21(4) | ||||||||||||||
09/30/22 | 46.47 | (0.05)(3) | (6.26) | (6.31) | (0.15) | (1.21) | (1.36) | 38.80 | (14.13) | 109,653 | 1.23 | 1.23 | (0.11) | 15(4) | ||||||||||||||
09/30/23 | 38.80 | 0.02(3) | 7.50 | 7.52 | (0.12) | (0.44) | (0.56) | 45.76 | 19.55 | 130,846 | 1.22 | 1.23 | 0.04 | 18(4) | ||||||||||||||
03/31/24(5) | 45.76 | (0.01)(3) | 10.58 | 10.57 | (0.05) | (0.31) | (0.36) | 55.97 | 23.18(6) | 166,334 | 1.20(7) | 1.20(7) | (0.06)(7) | 9(4)(6) | ||||||||||||||
Class C | ||||||||||||||||||||||||||||
09/30/19 | $33.01 | $(0.17) | $4.65 | $4.48 | $— | $ (1.15) | $(1.15) | $36.34 | 14.48% | $66,855 | 1.98% | 2.07% | (0.56)% | 25% | ||||||||||||||
09/30/20 | 36.34 | (0.23)(3) | 1.16 | 0.93 | — | (0.89) | (0.89) | 36.38 | 2.54 | 78,959 | 1.96 | 2.00 | (0.67) | 18 | ||||||||||||||
09/30/21 | 36.38 | (0.36)(3) | 7.74 | 7.38 | (0.06) | (0.70) | (0.76) | 43.00 | 20.47 | 90,388 | 1.93 | 1.93 | (0.86) | 21(4) | ||||||||||||||
09/30/22 | 43.00 | (0.34)(3) | (5.74) | (6.08) | (0.07) | (1.21) | (1.28) | 35.64 | (14.71) | 65,812 | 1.93 | 1.93 | (0.81) | 15(4) | ||||||||||||||
09/30/23 | 35.64 | (0.27)(3) | 6.88 | 6.61 | (0.05) | (0.44) | (0.49) | 41.76 | 18.70 | 70,076 | 1.94 | 1.94 | (0.67) | 18(4) | ||||||||||||||
03/31/24(5) | 41.76 | (0.18)(3) | 9.64 | 9.46 | — | (0.31) | (0.31) | 50.91 | 22.72(6) | 82,909 | 1.92(7) | 1.92(7) | (0.78)(7) | 9(4)(6) | ||||||||||||||
Class Y | ||||||||||||||||||||||||||||
09/30/19 | $35.33 | $0.14 | $5.05 | $5.19 | $(0.04) | $ (1.15) | $(1.19) | $39.33 | 15.62% | $1,194,001 | 0.98% | 1.07% | 0.44% | 25% | ||||||||||||||
09/30/20 | 39.33 | 0.12(3) | 1.28 | 1.40 | (0.29) | (0.89) | (1.18) | 39.55 | 3.57 | 2,443,232 | 0.96 | 1.00 | 0.33 | 18 | ||||||||||||||
09/30/21 | 39.55 | 0.05(3) | 8.44 | 8.49 | (0.16) | (0.70) | (0.86) | 47.18 | 21.64 | 3,258,367 | 0.97(8) | 0.93 | 0.10 | 21(4) | ||||||||||||||
09/30/22 | 47.18 | 0.08(3) | (6.36) | (6.28) | (0.18) | (1.21) | (1.39) | 39.51 | (13.87) | 2,789,008 | 0.94(8) | 0.95 | 0.17 | 15(4) | ||||||||||||||
09/30/23 | 39.51 | 0.15(3) | 7.64 | 7.79 | (0.15) | (0.44) | (0.59) | 46.71 | 19.90 | 3,178,397 | 0.94 | 0.94 | 0.33 | 18(4) | ||||||||||||||
03/31/24(5) | 46.71 | 0.06(3) | 10.79 | 10.85 | (0.17) | (0.31) | (0.48) | 57.08 | 23.34(6) | 4,111,554 | 0.92(7) | 0.92(7) | 0.22(7) | 9(4)(6) | ||||||||||||||
Class Z | ||||||||||||||||||||||||||||
09/30/19 | $34.78 | $0.05 | $4.96 | $5.01 | $(0.02) | $ (1.15) | $(1.17) | $38.62 | 15.32% | $61,657 | 1.22% | 1.37% | 0.19% | 25% | ||||||||||||||
09/30/20 | 38.62 | 0.03(3) | 1.25 | 1.28 | (0.26) | (0.89) | (1.15) | 38.75 | 3.30 | 77,184 | 1.21 | 1.30 | 0.08 | 18 | ||||||||||||||
09/30/21 | 38.75 | (—)(3) | 8.20 | 8.20 | (0.13) | (0.70) | (0.83) | 46.12 | 21.33 | 54,368 | 1.22 | 1.25 | (0.15) | 21(4) | ||||||||||||||
09/30/22 | 46.12 | (0.05)(3) | (6.21) | (6.26) | (0.14) | (1.21) | (1.35) | 38.51 | (14.12) | 37,449 | 1.23 | 1.26 | (0.11) | 15(4) | ||||||||||||||
09/30/23 | 38.51 | 0.02(3) | 7.45 | 7.47 | (0.12) | (0.44) | (0.56) | 45.42 | 19.56 | 40,257 | 1.22 | 1.26 | 0.04 | 18(4) | ||||||||||||||
03/31/24(5) | 45.42 | (0.02)(3) | 10.50 | 10.48 | (0.04) | (0.31) | (0.35) | 55.55 | 23.15(6) | 48,418 | 1.22(7) | 1.26(7) | (0.08)(7) | 9(4)(6) | ||||||||||||||
Institutional Class | ||||||||||||||||||||||||||||
09/30/19 | $35.38 | $0.15 | $5.08 | $5.23 | $(0.05) | $ (1.15) | $(1.20) | $39.41 | 15.71% | $245,418 | 0.91% | 0.97% | 0.51% | 25% | ||||||||||||||
09/30/20 | 39.41 | 0.15(3) | 1.29 | 1.44 | (0.32) | (0.89) | (1.21) | 39.64 | 3.64 | 1,142,677 | 0.89(8) | 0.89 | 0.40 | 18 | ||||||||||||||
09/30/21 | 39.64 | 0.10(3) | 8.46 | 8.56 | (0.16) | (0.70) | (0.86) | 47.34 | 21.80 | 676,846 | 0.85(8) | 0.84 | 0.22 | 21(4) | ||||||||||||||
09/30/22 | 47.34 | 0.11(3) | (6.39) | (6.28) | (0.19) | (1.21) | (1.40) | 39.66 | (13.82) | 407,132 | 0.87 | 0.87 | 0.25 | 15(4) | ||||||||||||||
09/30/23 | 39.66 | 0.17(3) | 7.67 | 7.84 | (0.15) | (0.44) | (0.59) | 46.91 | 19.96 | 466,528 | 0.88 | 0.88 | 0.38 | 18(4) | ||||||||||||||
03/31/24(5) | 46.91 | 0.07(3) | 10.85 | 10.92 | (0.20) | (0.31) | (0.51) | 57.32 | 23.39(6) | 639,071 | 0.86(7) | 0.86(7) | 0.28(7) | 9(4)(6) | ||||||||||||||
Class R6 | ||||||||||||||||||||||||||||
09/30/21(9) | $45.92 | $0.07(3) | $1.36 | $1.43 | $— | $ — | $— | $47.35 | 3.11%(6) | $612,500 | 0.80%(7) | 0.82%(7) | 0.27%(7) | 21%(4) | ||||||||||||||
09/30/22 | 47.35 | 0.14(3) | (6.39) | (6.25) | (0.19) | (1.21) | (1.40) | 39.70 | (13.76) | 598,238 | 0.81 | 0.82 | 0.31 | 15(4) | ||||||||||||||
09/30/23 | 39.70 | 0.21(3) | 7.68 | 7.89 | (0.16) | (0.44) | (0.60) | 46.99 | 20.07 | 657,775 | 0.80 | 0.83 | 0.46 | 18(4) | ||||||||||||||
03/31/24(5) | 46.99 | 0.09(3) | 10.86 | 10.95 | (0.24) | (0.31) | (0.55) | 57.39 | 23.41(6) | 769,270 | 0.80(7) | 0.81(7) | 0.34(7) | 9(4)(6) |
(1) | Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(2) | The ratio of net and gross expenses to average net assets excluding liquidity provider expenses would have been lower by 0.01%, 0.01%, 0.02% and 0.01% for the six months ended March 31, 2024 and for the years ended September 30, 2023, 2022 and 2021, respectively. |
(3) | The net investment income per share was based on average shares outstanding for the period. |
(4) | Portfolio turnover excludes securities delivered from processing redemptions-in-kind. |
(5) | Unaudited. |
(6) | Not annualized. |
(7) | Annualized. |
(8) | Net expenses include amounts recouped by the Adviser. |
(9) | Represents the period from commencement of operations (February 22, 2021) through September 30, 2021. |
Touchstone Mid Cap Value Fund | ||||||||||||||||||||||||||||
Period ended | Net asset value at beginning of period | Net investment income (loss) | Net realized and unrealized gains (losses) on investments | Total from investment operations | Distributions from net investment income | Distributions from realized capital gains | Total distributions | Net asset value at end of period | Total return(1) | Net assets at end of period (000's) | Ratio of net expenses to average net assets(2) | Ratio of gross expenses to average net assets(2) | Ratio of net investment income (loss) to average net assets | Portfolio turnover rate | ||||||||||||||
Class A | ||||||||||||||||||||||||||||
09/30/19 | $18.71 | $0.12 | $(0.06) | $0.06 | $(0.10) | $ (0.76) | $(0.86) | $17.91 | 0.81% | $10,866 | 1.22% | 1.53% | 0.59% | 34% | ||||||||||||||
09/30/20 | 17.91 | 0.09 | (1.20) | (1.11) | (0.09) | — | (0.09) | 16.71 | (6.20) | 9,864 | 1.22 | 1.59 | 0.50 | 37 | ||||||||||||||
09/30/21 | 16.71 | 0.01(3) | 6.93 | 6.94 | (0.03) | — | (0.03) | 23.62 | 41.59 | 13,605 | 1.23 | 1.55 | 0.06 | 33(4) | ||||||||||||||
09/30/22 | 23.62 | 0.14(3) | (2.05) | (1.91) | (0.19) | (1.49) | (1.68) | 20.03 | (9.04) | 12,950 | 1.22 | 1.44 | 0.59 | 27 | ||||||||||||||
09/30/23 | 20.03 | 0.14(3) | 1.26 | 1.40 | (0.06) | (1.12) | (1.18) | 20.25 | 6.86 | 14,596 | 1.24 | 1.51 | 0.66 | 21(4) | ||||||||||||||
03/31/24(5) | 20.25 | 0.07(3) | 3.58 | 3.65 | (0.20) | (0.18) | (0.38) | 23.52 | 18.17(6) | 16,885 | 1.24(7) | 1.47(7) | 0.63(7) | 12(4)(6) | ||||||||||||||
Class C | ||||||||||||||||||||||||||||
09/30/19 | $18.20 | $(0.12) | $0.05 | $(0.07) | $— | $ (0.76) | $(0.76) | $17.37 | 0.06% | $5,378 | 1.97% | 2.40% | (0.17)% | 34% | ||||||||||||||
09/30/20 | 17.37 | (0.24) | (0.96) | (1.20) | — | — | — | 16.17 | (6.91) | 3,296 | 1.97 | 2.57 | (0.25) | 37 | ||||||||||||||
09/30/21 | 16.17 | (0.15)(3) | 6.71 | 6.56 | — | — | — | 22.73 | 40.57 | 4,167 | 1.98 | 2.36 | (0.69) | 33(4) | ||||||||||||||
09/30/22 | 22.73 | (0.03)(3) | (1.97) | (2.00) | — | (1.49) | (1.49) | 19.24 | (9.73) | 4,013 | 1.97 | 2.26 | (0.16) | 27 | ||||||||||||||
09/30/23 | 19.24 | (0.02)(3) | 1.22 | 1.20 | (0.02) | (1.12) | (1.14) | 19.30 | 6.08 | 2,963 | 1.99 | 2.38 | (0.09) | 21(4) | ||||||||||||||
03/31/24(5) | 19.30 | (0.01)(3) | 3.40 | 3.39 | (0.16) | (0.18) | (0.34) | 22.35 | 17.69(6) | 2,345 | 1.99(7) | 2.70(7) | (0.12)(7) | 12(4)(6) | ||||||||||||||
Class Y | ||||||||||||||||||||||||||||
09/30/19 | $18.79 | $0.14 | $(0.04) | $0.10 | $(0.14) | $ (0.76) | $(0.90) | $17.99 | 1.08% | $286,407 | 0.97% | 1.19% | 0.84% | 34% | ||||||||||||||
09/30/20 | 17.99 | 0.12 | (1.20) | (1.08) | (0.13) | — | (0.13) | 16.78 | (5.97) | 299,596 | 0.97 | 1.22 | 0.75 | 37 | ||||||||||||||
09/30/21 | 16.78 | 0.07(3) | 6.96 | 7.03 | (0.06) | — | (0.06) | 23.75 | 41.97 | 400,865 | 0.98 | 1.16 | 0.31 | 33(4) | ||||||||||||||
09/30/22 | 23.75 | 0.20(3) | (2.06) | (1.86) | (0.25) | (1.49) | (1.74) | 20.15 | (8.81) | 349,756 | 0.97 | 1.16 | 0.84 | 27 | ||||||||||||||
09/30/23 | 20.15 | 0.19(3) | 1.27 | 1.46 | (0.07) | (1.12) | (1.19) | 20.42 | 7.14 | 326,424 | 0.99 | 1.20 | 0.91 | 21(4) | ||||||||||||||
03/31/24(5) | 20.42 | 0.09(3) | 3.61 | 3.70 | (0.21) | (0.18) | (0.39) | 23.73 | 18.29(6) | 364,118 | 0.99(7) | 1.23(7) | 0.88(7) | 12(4)(6) | ||||||||||||||
Institutional Class | ||||||||||||||||||||||||||||
09/30/19 | $18.89 | $0.17 | $(0.04) | $0.13 | $(0.17) | $ (0.76) | $(0.93) | $18.09 | 1.20% | $453,198 | 0.84% | 0.97% | 0.97% | 34% | ||||||||||||||
09/30/20 | 18.09 | 0.15 | (1.22) | (1.07) | (0.15) | — | (0.15) | 16.87 | (5.86) | 370,247 | 0.84 | 0.98 | 0.88 | 37 | ||||||||||||||
09/30/21 | 16.87 | 0.10(3) | 7.00 | 7.10 | (0.09) | — | (0.09) | 23.88 | 42.16 | 456,557 | 0.85 | 0.97 | 0.44 | 33(4) | ||||||||||||||
09/30/22 | 23.88 | 0.23(3) | (2.07) | (1.84) | (0.28) | (1.49) | (1.77) | 20.27 | (8.68) | 395,187 | 0.84 | 0.95 | 0.97 | 27 | ||||||||||||||
09/30/23 | 20.27 | 0.22(3) | 1.28 | 1.50 | (0.08) | (1.12) | (1.20) | 20.57 | 7.29 | 353,386 | 0.86 | 0.97 | 1.04 | 21(4) | ||||||||||||||
03/31/24(5) | 20.57 | 0.11(3) | 3.63 | 3.74 | (0.22) | (0.18) | (0.40) | 23.91 | 18.34(6) | 448,723 | 0.86(7) | 0.98(7) | 1.01(7) | 12(4)(6) |
(1) | Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(2) | The ratio of net and gross expenses to average net assets excluding liquidity provider expenses would have been lower by 0.02%, 0.02% and 0.01% for the six months ended March 31, 2024 and for the years ended September 30, 2023 and 2021, respectively. |
(3) | The net investment income per share was based on average shares outstanding for the period. |
(4) | Portfolio turnover excludes securities delivered from processing redemptions-in-kind. |
(5) | Unaudited. |
(6) | Not annualized. |
(7) | Annualized. |
Touchstone Sands Capital International Growth Equity Fund | ||||||||||||||||||||||||||||
Period ended | Net asset value at beginning of period | Net investment income (loss) | Net realized and unrealized gains (losses) on investments | Total from investment operations | Distributions from net investment income | Distributions from realized capital gains | Total distributions | Net asset value at end of period | Total return(1) | Net assets at end of period (000's) | Ratio of net expenses to average net assets(2) | Ratio of gross expenses to average net assets(2) | Ratio of net investment income (loss) to average net assets | Portfolio turnover rate | ||||||||||||||
Class A | ||||||||||||||||||||||||||||
09/30/19 | $9.58 | $0.15 | $(0.29) | $(0.14) | $(0.17) | $ (0.77) | $(0.94) | $8.50 | (0.81)% | $10,333 | 1.20% | 1.52% | 1.71% | 123% | ||||||||||||||
09/30/20 | 8.50 | 0.03 | 0.62 | 0.65 | (0.02) | (1.69) | (1.71) | 7.44 | 7.93 | 11,719 | 1.17 | 1.81 | 0.68 | 80 | ||||||||||||||
09/30/21 | 7.44 | 0.12 | 1.57 | 1.69 | (0.03) | — | (0.03) | 9.10 | 22.73 | 10,218 | 1.17 | 1.64 | 1.06 | 52 | ||||||||||||||
09/30/22 | 9.10 | 0.15 | (2.66) | (2.51) | (0.12) | (0.50) | (0.62) | 5.97 | (29.67) | 6,595 | 1.17 | 1.59 | 1.94 | 32 | ||||||||||||||
09/30/23 | 5.97 | 0.14(3) | 1.08 | 1.22 | (0.16) | — | (0.16) | 7.03 | 20.50 | 7,177 | 1.17 | 1.79 | 1.93 | 171 | ||||||||||||||
03/31/24(4) | 7.03 | (0.03)(3) | 1.95 | 1.92 | (0.12) | (0.21) | (0.33) | 8.62 | 27.76(5) | 8,309 | 1.19(6) | 1.84(6) | (0.66)(6) | 31(5) | ||||||||||||||
Class C | ||||||||||||||||||||||||||||
09/30/19 | $9.57 | $0.09 | $(0.30) | $(0.21) | $(0.11) | $ (0.77) | $(0.88) | $8.48 | (1.61)% | $10,691 | 1.95% | 2.16% | 1.05% | 123% | ||||||||||||||
09/30/20 | 8.48 | (0.03) | 0.64 | 0.61 | (—)(7) | (1.69) | (1.69) | 7.40 | 7.35 | 4,066 | 1.95 | 2.56 | (0.10) | 80 | ||||||||||||||
09/30/21 | 7.40 | — | 1.61 | 1.61 | — | — | — | 9.01 | 21.76 | 2,727 | 1.95 | 2.56 | 0.28 | 52 | ||||||||||||||
09/30/22 | 9.01 | 0.08 | (2.64) | (2.56) | — | (0.50) | (0.50) | 5.95 | (30.16) | 1,086 | 1.95 | 2.72 | 1.16 | 32 | ||||||||||||||
09/30/23 | 5.95 | 0.08(3) | 1.08 | 1.16 | — | — | — | 7.11 | 19.50 | 398 | 1.95 | 3.62 | 1.15 | 171 | ||||||||||||||
03/31/24(4) | 7.11 | (0.06)(3) | 1.98 | 1.92 | — | (0.21) | (0.21) | 8.82 | 27.27(5) | 468 | 1.97(6) | 5.56(6) | (1.44)(6) | 31(5) | ||||||||||||||
Class Y | ||||||||||||||||||||||||||||
09/30/19 | $9.55 | $0.18 | $(0.30) | $(0.12) | $(0.19) | $ (0.77) | $(0.96) | $8.47 | (0.57)% | $16,554 | 0.95% | 1.09% | 2.17% | 123% | ||||||||||||||
09/30/20 | 8.47 | 0.07 | 0.61 | 0.68 | (0.03) | (1.69) | (1.72) | 7.43 | 8.32 | 11,550 | 0.90 | 1.49 | 0.95 | 80 | ||||||||||||||
09/30/21 | 7.43 | 0.10 | 1.61 | 1.71 | (0.05) | — | (0.05) | 9.09 | 23.07 | 20,434 | 0.90 | 1.34 | 1.33 | 52 | ||||||||||||||
09/30/22 | 9.09 | 0.18 | (2.66) | (2.48) | (0.12) | (0.50) | (0.62) | 5.99 | (29.43) | 14,560 | 0.90 | 1.30 | 2.21 | 32 | ||||||||||||||
09/30/23 | 5.99 | 0.16(3) | 1.08 | 1.24 | (0.18) | — | (0.18) | 7.05 | 20.86 | 13,870 | 0.90 | 1.46 | 2.20 | 171 | ||||||||||||||
03/31/24(4) | 7.05 | (0.02)(3) | 1.95 | 1.93 | (0.14) | (0.21) | (0.35) | 8.63 | 27.86(5) | 18,398 | 0.92(6) | 1.46(6) | (0.39)(6) | 31(5) | ||||||||||||||
Institutional Class | ||||||||||||||||||||||||||||
09/30/19(8) | $8.05(9) | $(0.01) | $0.45 | $0.44 | $(0.01) | $ — | $(0.01) | $8.48 | 5.46%(5) | $3 | 0.89%(6) | 2,643.52%(6) | (0.97)%(6) | 123% | ||||||||||||||
09/30/20 | 8.48 | 0.07 | 0.60 | 0.67 | (0.03) | (1.69) | (1.72) | 7.43 | 8.30 | 3 | 0.89 | 314.41 | 0.96 | 80 | ||||||||||||||
09/30/21 | 7.43 | 0.12 | 1.60 | 1.72 | (0.05) | — | (0.05) | 9.10 | 23.21 | 4 | 0.89 | 255.65 | 1.34 | 52 | ||||||||||||||
09/30/22 | 9.10 | 0.22 | (2.70) | (2.48) | (0.14) | (0.50) | (0.64) | 5.98 | (29.41) | 5,913 | 0.89 | 1.18 | 2.22 | 32 | ||||||||||||||
09/30/23 | 5.98 | 0.16(3) | 1.08 | 1.24 | (0.18) | — | (0.18) | 7.04 | 20.79 | 3 | 0.89 | 1.27 | 2.17 | 171 | ||||||||||||||
03/31/24(4) | 7.04 | (0.01)(3) | 1.94 | 1.93 | (0.12) | (0.21) | (0.33) | 8.64 | 27.85(5) | 4 | 0.88(6) | 189.71(6) | (0.36)(6) | 31(5) | ||||||||||||||
Class R6 | ||||||||||||||||||||||||||||
09/30/23(10) | $7.66(11) | $0.01(3) | $(0.63) | $(0.62) | $— | $ — | $— | $7.04 | (8.09)%(5) | $14,490 | 0.82%(6) | 1.56%(6) | 2.27%(6) | 171% | ||||||||||||||
03/31/24(4) | 7.04 | (0.01)(3) | 1.94 | 1.93 | (0.12) | (0.21) | (0.33) | 8.64 | 27.87(5) | 18,532 | 0.84(6) | 1.22(6) | (0.31)(6) | 31(5) |
(1) | Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(2) | The ratio of net and gross expenses to average net assets excluding liquidity provider expenses would have been lower by 0.02% for the six months ended March 31, 2024. |
(3) | The net investment income per share was based on average shares outstanding for the period. |
(4) | Unaudited. |
(5) | Not annualized. |
(6) | Annualized. |
(7) | Less than $0.005 per share. |
(8) | Represents the period from commencement of operations (August 23, 2019) through September 30, 2019. |
(9) | Net asset value at the beginning of period is based on the net asset value of Class Y shares on August 23, 2019. |
(10) | Represents the period from commencement of operations (August 31, 2023) through September 30, 2023. |
(11) | Net asset value at the beginning of period is based on the net asset value of Institutional Class shares on August 31, 2023. |
Touchstone Sands Capital Select Growth Fund | ||||||||||||||||||||||||||
Period ended | Net asset value at beginning of period | Net investment loss | Net realized and unrealized gains (losses) on investments | Total from investment operations | Distributions from realized capital gains | Total distributions | Net asset value at end of period | Total return(1) | Net assets at end of period (000's) | Ratio of net expenses to average net assets(2) | Ratio of gross expenses to average net assets(2) | Ratio of net investment income (loss) to average net assets | Portfolio turnover rate | |||||||||||||
Class A | ||||||||||||||||||||||||||
09/30/19 | $17.73 | $(0.06) | $(0.72) | $(0.78) | $ (3.83) | $(3.83) | $13.12 | (1.75)% | $89,299 | 1.44% | 1.44% | (1.23)% | 25%(3) | |||||||||||||
09/30/20 | 13.12 | (0.11)(4) | 6.58 | 6.47 | (2.37) | (2.37) | 17.22 | 58.43 | 163,697 | 1.25(5) | 1.24 | (0.85) | 41(3) | |||||||||||||
09/30/21 | 17.22 | (0.19)(4) | 5.43 | 5.24 | (1.85) | (1.85) | 20.61 | 32.30 | 841,243 | 1.06(5) | 1.06 | (0.96) | 35(3)(6) | |||||||||||||
09/30/22 | 20.61 | (0.13)(4) | (10.02) | (10.15) | (2.16) | (2.16) | 8.30 | (54.73) | 319,960 | 1.13 | 1.13 | (0.98) | 45(3) | |||||||||||||
09/30/23 | 8.30 | (0.08)(4) | 2.17 | 2.09 | — | — | 10.39 | 25.18 | 344,359 | 1.16 | 1.20 | (0.83) | 27(3) | |||||||||||||
03/31/24(7) | 10.39 | (0.06)(4) | 4.35 | 4.29 | — | — | 14.68 | 41.29(8) | 437,220 | 1.16(9) | 1.18(9) | (0.89)(9) | 19(3)(8) | |||||||||||||
Class C | ||||||||||||||||||||||||||
09/30/19^ | $20.35 | $(0.64) | $(0.43) | $(1.07) | $ (4.81) | $(4.81) | $14.47 | (2.44)% | $50,079 | 2.19% | 2.21% | (1.98)% | 25%(3) | |||||||||||||
09/30/20^ | 14.47 | (0.23)(4) | 7.03 | 6.80 | (2.98) | (2.98) | 18.29 | 57.27 | 36,065 | 2.01 | 2.04 | (1.56) | 41(3) | |||||||||||||
09/30/21^ | 18.29 | (0.35)(4) | 5.67 | 5.32 | (2.32) | (2.32) | 21.29 | 31.14 | 75,082 | 1.86 | 1.87 | (1.75) | 35(3)(6) | |||||||||||||
09/30/22^ | 21.29 | (0.23)(4) | (10.05) | (10.28) | (2.71) | (2.71) | 8.30 | (55.02) | 20,623 | 1.78 | 1.94 | (1.63) | 45(3) | |||||||||||||
09/30/23^ | 8.30 | (0.14)(4) | 2.16 | 2.02 | — | — | 10.32 | 24.48 | 18,269 | 1.77 | 2.05 | (1.44) | 27(3) | |||||||||||||
03/31/24(7) | 10.32 | (0.09)(4) | 4.31 | 4.22 | — | — | 14.54 | 40.89(8) | 22,175 | 1.77(9) | 2.04(9) | (1.50)(9) | 19(3)(8) | |||||||||||||
Class Y | ||||||||||||||||||||||||||
09/30/19 | $18.73 | $(0.14) | $(0.62) | $(0.76) | $ (3.83) | $(3.83) | $14.14 | (1.45)% | $1,089,979 | 1.19%(5) | 1.18% | (0.98)% | 25%(3) | |||||||||||||
09/30/20 | 14.14 | (0.09)(4) | 7.21 | 7.12 | (2.37) | (2.37) | 18.89 | 58.86 | 1,565,333 | 1.00(5) | 0.99 | (0.58) | 41(3) | |||||||||||||
09/30/21 | 18.89 | (0.16)(4) | 5.98 | 5.82 | (1.85) | (1.85) | 22.86 | 32.53 | 1,784,643 | 0.85 | 0.85 | (0.74) | 35(3)(6) | |||||||||||||
09/30/22 | 22.86 | (0.11)(4) | (11.24) | (11.35) | (2.16) | (2.16) | 9.35 | (54.59) | 613,010 | 0.88 | 0.88 | (0.72) | 45(3) | |||||||||||||
09/30/23 | 9.35 | (0.06)(4) | 2.44 | 2.38 | — | — | 11.73 | 25.46 | 600,614 | 0.92 | 0.92 | (0.58) | 27(3) | |||||||||||||
03/31/24(7) | 11.73 | (0.04)(4) | 4.90 | 4.86 | — | — | 16.59 | 41.43(8) | 710,431 | 0.90(9) | 0.90(9) | (0.63)(9) | 19(3)(8) | |||||||||||||
Class Z | ||||||||||||||||||||||||||
09/30/19 | $17.75 | $(0.17) | $(0.61) | $(0.78) | $ (3.83) | $(3.83) | $13.14 | (1.69)% | $458,996 | 1.43% | 1.49% | (1.22)% | 25%(3) | |||||||||||||
09/30/20 | 13.14 | (0.11)(4) | 6.59 | 6.48 | (2.37) | (2.37) | 17.25 | 58.42 | 491,741 | 1.24 | 1.31 | (0.82) | 41(3) | |||||||||||||
09/30/21 | 17.25 | (0.20)(4) | 5.43 | 5.23 | (1.85) | (1.85) | 20.63 | 32.17 | 570,206 | 1.16(5) | 1.16 | (1.05) | 35(3)(6) | |||||||||||||
09/30/22 | 20.63 | (0.14)(4) | (10.02) | (10.16) | (2.16) | (2.16) | 8.31 | (54.73) | 203,620 | 1.18 | 1.19 | (1.03) | 45(3) | |||||||||||||
09/30/23 | 8.31 | (0.08)(4) | 2.17 | 2.09 | — | — | 10.40 | 25.15 | 200,700 | 1.17 | 1.25 | (0.84) | 27(3) | |||||||||||||
03/31/24(7) | 10.40 | (0.06)(4) | 4.35 | 4.29 | — | — | 14.69 | 41.25(8) | 264,748 | 1.17(9) | 1.21(9) | (0.90)(9) | 19(3)(8) | |||||||||||||
Institutional Class | ||||||||||||||||||||||||||
09/30/20(10) | $19.81(11) | $(0.01)(4) | $(0.91) | $(0.92) | $ — | $— | $18.89 | (4.64)%(8) | $2 | 0.81%(9) | 1,344.66%(9) | (0.81)%(9) | 41%(3) | |||||||||||||
09/30/21 | 18.89 | (0.15)(4) | 5.99 | 5.84 | (1.85) | (1.85) | 22.88 | 32.65 | 2,582,030 | 0.79(5) | 0.79 | (0.69) | 35(3)(6) | |||||||||||||
09/30/22 | 22.88 | (0.10)(4) | (11.26) | (11.36) | (2.16) | (2.16) | 9.36 | (54.58) | 839,599 | 0.82 | 0.83 | (0.67) | 45(3) | |||||||||||||
09/30/23 | 9.36 | (0.05)(4) | 2.45 | 2.40 | — | — | 11.76 | 25.64 | 783,666 | 0.81 | 0.88 | (0.48) | 27(3) | |||||||||||||
03/31/24(7) | 11.76 | (0.04)(4) | 4.92 | 4.88 | — | — | 16.64 | 41.50(8) | 926,507 | 0.81(9) | 0.86(9) | (0.54)(9) | 19(3)(8) | |||||||||||||
Class R6 | ||||||||||||||||||||||||||
09/30/20(10) | $19.81(11) | $(0.01)(4) | $(0.91) | $(0.92) | $ — | $— | $18.89 | (4.64)%(8) | $2 | 0.75%(9) | 3.55%(9) | (0.73)%(9) | 41%(3) | |||||||||||||
09/30/21 | 18.89 | (0.14)(4) | 5.98 | 5.84 | (1.85) | (1.85) | 22.88 | 32.65 | 498,994 | 0.74 | 0.75 | (0.65) | 35(3)(6) | |||||||||||||
09/30/22 | 22.88 | (0.09)(4) | (11.26) | (11.35) | (2.16) | (2.16) | 9.37 | (54.58) | 270,361 | 0.76 | 0.79 | (0.61) | 45(3) | |||||||||||||
09/30/23 | 9.37 | (0.05)(4) | 2.46 | 2.41 | — | — | 11.78 | 25.76 | 351,501 | 0.75 | 0.84 | (0.42) | 27(3) | |||||||||||||
03/31/24(7) | 11.78 | (0.03)(4) | 4.92 | 4.89 | — | — | 16.67 | 41.51(8) | 486,252 | 0.75(9) | 0.83(9) | (0.48)(9) | 19(3)(8) |
^ | Updated to reflect the effect of a 1 for 0.796098 reverse stock split for Class C shares on October 14, 2022. All historical per share information has been retroactively adjusted to reflect this reverse stock split. |
(1) | Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(2) | The ratio of net and gross expenses to average net assets excluding liquidity provider expenses would have been lower by 0.03%, 0.03%, 0.04%, 0.02%, 0.03% and 0.04% for the six months ended March 31, 2024 and for the years ended September 30, 2023, 2022, 2021, 2020 and 2019, respectively. |
(3) | Portfolio turnover excludes securities delivered from processing redemptions-in-kind. |
(4) | The net investment income per share was based on average shares outstanding for the period. |
(5) | Net expenses include amounts recouped by the Adviser. |
(6) | Portfolio turnover excludes the purchases and sales of securities by the Touchstone Sands Capital Institutional Growth Fund and the AIG Focused Growth Fund acquired on December 11, 2020 and July 16, 2021, respectively. If these transactions were included, portfolio turnover would have been higher. |
(7) | Unaudited. |
(8) | Not annualized. |
(9) | Annualized. |
(10) | Represents the period from commencement of operations (September 1, 2020) through September 30, 2020. |
(11) | Net asset value at the beginning of period is based on the net asset value of Class Y shares on September 1, 2020. |
Touchstone Small Cap Fund | ||||||||||||||||||||||||||||
Period ended | Net asset value at beginning of period | Net investment income (loss) | Net realized and unrealized gains (losses) on investments | Total from investment operations | Distributions from net investment income | Distributions from realized capital gains | Total distributions | Net asset value at end of period | Total return(1) | Net assets at end of period (000's) | Ratio of net expenses to average net assets(2) | Ratio of gross expenses to average net assets(2) | Ratio of net investment income (loss) to average net assets | Portfolio turnover rate | ||||||||||||||
Class A | ||||||||||||||||||||||||||||
09/30/19 | $16.24 | $—(3) | $(0.49) | $(0.49) | $— | $ (3.40) | $(3.40) | $12.35 | 0.22% | $3,750 | 1.39% | 2.01% | 0.02% | 17%(4) | ||||||||||||||
09/30/20 | 12.35 | 0.01(5) | (0.98) | (0.97) | — | (1.09) | (1.09) | 10.29 | (8.92) | 4,313 | 1.27 | 2.09 | 0.08 | 22(4) | ||||||||||||||
09/30/21 | 10.29 | 0.05(5) | 3.91 | 3.96 | — | (0.20) | (0.20) | 14.05 | 38.68 | 5,266 | 1.27 | 1.78 | 0.39 | 33(4) | ||||||||||||||
09/30/22 | 14.05 | (0.01)(5) | (1.21) | (1.22) | (0.03) | (1.78) | (1.81) | 11.02 | (10.75) | 4,022 | 1.25 | 1.77 | (0.05) | 18(4) | ||||||||||||||
09/30/23 | 11.02 | 0.01(5) | 2.03 | 2.04 | (0.01) | (0.21) | (0.22) | 12.84 | 18.65 | 7,223 | 1.24 | 1.82 | 0.08 | 14(4) | ||||||||||||||
03/31/24(6) | 12.84 | —(3)(5) | 2.58 | 2.58 | (0.01) | (0.43) | (0.44) | 14.98 | 20.51(7) | 18,671 | 1.24(8) | 1.58(8) | —(3)(8) | 6(4)(7) | ||||||||||||||
Class C | ||||||||||||||||||||||||||||
09/30/19 | $15.40 | $(0.10) | $(0.49) | $(0.59) | $— | $ (3.40) | $(3.40) | $11.41 | (0.58)% | $3,356 | 2.14% | 2.64% | (0.73)% | 17%(4) | ||||||||||||||
09/30/20 | 11.41 | (0.07)(5) | (0.87) | (0.94) | — | (1.09) | (1.09) | 9.38 | (9.43) | 295 | 2.02 | 3.10 | (0.68) | 22(4) | ||||||||||||||
09/30/21 | 9.38 | (0.04)(5) | 3.55 | 3.51 | — | (0.20) | (0.20) | 12.69 | 37.62 | 197 | 2.02 | 4.51 | (0.36) | 33(4) | ||||||||||||||
09/30/22 | 12.69 | (0.09)(5) | (1.07) | (1.16) | (0.01) | (1.78) | (1.79) | 9.74 | (11.45) | 162 | 2.00 | 6.81 | (0.80) | 18(4) | ||||||||||||||
09/30/23 | 9.74 | (0.07)(5) | 1.79 | 1.72 | — | (0.21) | (0.21) | 11.25 | 17.78 | 273 | 1.99 | 6.48 | (0.67) | 14(4) | ||||||||||||||
03/31/24(6) | 11.25 | (0.04)(5) | 2.26 | 2.22 | — | (0.43) | (0.43) | 13.04 | 20.17(7) | 1,124 | 1.99(8) | 5.14(8) | (0.75)(8) | 6(4)(7) | ||||||||||||||
Class Y | ||||||||||||||||||||||||||||
09/30/19 | $16.45 | $0.04 | $(0.50) | $(0.46) | $— | $ (3.40) | $(3.40) | $12.59 | 0.44% | $34,709 | 1.14% | 1.31% | 0.27% | 17%(4) | ||||||||||||||
09/30/20 | 12.59 | 0.04(5) | (1.00) | (0.96) | (0.02) | (1.09) | (1.11) | 10.52 | (8.65) | 35,573 | 1.02 | 1.32 | 0.33 | 22(4) | ||||||||||||||
09/30/21 | 10.52 | 0.09(5) | 3.98 | 4.07 | (0.11) | (0.20) | (0.31) | 14.28 | 39.02 | 49,842 | 1.02 | 1.25 | 0.64 | 33(4) | ||||||||||||||
09/30/22 | 14.28 | 0.02(5) | (1.24) | (1.22) | (0.04) | (1.78) | (1.82) | 11.24 | (10.58) | 53,485 | 1.00 | 1.23 | 0.20 | 18(4) | ||||||||||||||
09/30/23 | 11.24 | 0.04(5) | 2.08 | 2.12 | (0.02) | (0.21) | (0.23) | 13.13 | 18.99 | 88,745 | 0.99 | 1.21 | 0.33 | 14(4) | ||||||||||||||
03/31/24(6) | 13.13 | 0.02(5) | 2.65 | 2.67 | (0.03) | (0.43) | (0.46) | 15.34 | 20.73(7) | 204,852 | 0.99(8) | 1.15(8) | 0.25(8) | 6(4)(7) | ||||||||||||||
Institutional Class | ||||||||||||||||||||||||||||
09/30/19 | $16.40 | $0.06 | $(0.51) | $(0.45) | $— | $ (3.40) | $(3.40) | $12.55 | 0.54% | $36,691 | 1.06% | 1.20% | 0.35% | 17%(4) | ||||||||||||||
09/30/20 | 12.55 | 0.04(5) | (0.97) | (0.93) | (0.04) | (1.09) | (1.13) | 10.49 | (8.57) | 33,201 | 0.94 | 1.21 | 0.41 | 22(4) | ||||||||||||||
09/30/21 | 10.49 | 0.10(5) | 3.97 | 4.07 | (0.13) | (0.20) | (0.33) | 14.23 | 39.13 | 39,656 | 0.94 | 1.16 | 0.72 | 33(4) | ||||||||||||||
09/30/22 | 14.23 | 0.04(5) | (1.25) | (1.21) | (0.04) | (1.78) | (1.82) | 11.20 | (10.52) | 32,834 | 0.92 | 1.14 | 0.28 | 18(4) | ||||||||||||||
09/30/23 | 11.20 | 0.05(5) | 2.07 | 2.12 | (0.02) | (0.21) | (0.23) | 13.09 | 19.08 | 34,027 | 0.91 | 1.13 | 0.41 | 14(4) | ||||||||||||||
03/31/24(6) | 13.09 | 0.02(5) | 2.64 | 2.66 | (0.04) | (0.43) | (0.47) | 15.28 | 20.74(7) | 43,681 | 0.91(8) | 1.11(8) | 0.33(8) | 6(4)(7) |
(1) | Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(2) | The ratio of net and gross expenses to average net assets excluding liquidity provider expenses would have been lower by 0.01%, 0.03%, 0.03% and 0.05% for the years ended September 30, 2022, 2021, 2020 and 2019, respectively. |
(3) | Less than $0.005 per share or 0.005%. |
(4) | Portfolio turnover excludes securities delivered from processing redemptions-in-kind. |
(5) | The net investment income per share was based on average shares outstanding for the period. |
(6) | Unaudited. |
(7) | Not annualized. |
(8) | Annualized. |
Touchstone Small Cap Value Fund | ||||||||||||||||||||||||||||||
Period ended | Net asset value at beginning of period | Net investment income (loss) | Net realized and unrealized gains (losses) on investments | Total from investment operations | Distributions from net investment income | Distributions from realized capital gains | Return of capital | Total distributions | Net asset value at end of period | Total return(1) | Net assets at end of period (000's) | Ratio of net expenses to average net assets(2) | Ratio of gross expenses to average net assets(2) | Ratio of net investment income (loss) to average net assets | Portfolio turnover rate | |||||||||||||||
Class A | ||||||||||||||||||||||||||||||
09/30/19 | $27.91 | $0.11 | $(2.29) | $(2.18) | $(0.03) | $ (1.70) | $— | $(1.73) | $24.00 | (7.37)% | $24,389 | 1.38% | 1.68% | 0.19% | 28% | |||||||||||||||
09/30/20 | 24.00 | 0.03(3) | (3.34) | (3.31) | (0.04) | — | (0.02) | (0.06) | 20.63 | (13.83) | 16,552 | 1.38 | 1.58 | 0.12 | 41 | |||||||||||||||
09/30/21 | 20.63 | (—)(3) | 11.98 | 11.98 | (0.08) | — | (0.04) | (0.12) | 32.49 | 57.95 | 24,620 | 1.38 | 1.55 | (0.02) | 29 | |||||||||||||||
09/30/22 | 32.49 | (0.01)(3) | (3.55) | (3.56) | (0.06) | — | (0.07) | (0.13) | 28.80 | (11.04) | 21,034 | 1.38 | 1.57 | (0.02) | 35 | |||||||||||||||
09/30/23 | 28.80 | 0.09(3) | 2.61 | 2.70 | (0.01) | — | — | (0.01) | 31.49 | 9.36 | 22,214 | 1.40 | 1.53 | 0.29 | 31(4) | |||||||||||||||
03/31/24(5) | 31.49 | 0.08(3) | 4.90 | 4.98 | (0.18) | — | — | (0.18) | 36.29 | 15.81(6) | 25,019 | 1.39(7) | 1.53(7) | 0.47(7) | 8(4)(6) | |||||||||||||||
Class C | ||||||||||||||||||||||||||||||
09/30/19 | $27.22 | $(0.41) | $(1.90) | $(2.31) | $— | $ (1.70) | $— | $(1.70) | $23.21 | (8.07)% | $788 | 2.13% | 3.57% | (0.56)% | 28% | |||||||||||||||
09/30/20 | 23.21 | (0.13)(3) | (3.22) | (3.35) | (0.02) | — | —(8) | (0.02) | 19.84 | (14.46) | 453 | 2.13 | 4.50 | (0.63) | 41 | |||||||||||||||
09/30/21 | 19.84 | (0.22)(3) | 11.50 | 11.28 | (0.04) | — | (0.02) | (0.06) | 31.06 | 56.81 | 562 | 2.13 | 3.71 | (0.77) | 29 | |||||||||||||||
09/30/22 | 31.06 | (0.24)(3) | (3.38) | (3.62) | (0.03) | — | (0.03) | (0.06) | 27.38 | (11.73) | 272 | 2.13 | 4.21 | (0.77) | 35 | |||||||||||||||
09/30/23 | 27.38 | (0.14)(3) | 2.49 | 2.35 | — | — | — | — | 29.73 | 8.58 | 322 | 2.15 | 5.19 | (0.46) | 31(4) | |||||||||||||||
03/31/24(5) | 29.73 | (0.04)(3) | 4.61 | 4.57 | (0.13) | — | — | (0.13) | 34.17 | 15.35(6) | 400 | 2.14(7) | 5.40(7) | (0.28)(7) | 8(4)(6) | |||||||||||||||
Class Y | ||||||||||||||||||||||||||||||
09/30/19 | $27.96 | $0.10 | $(2.23) | $(2.13) | $(0.08) | $ (1.70) | $— | $(1.78) | $24.05 | (7.16)% | $24,921 | 1.13% | 1.30% | 0.44% | 28% | |||||||||||||||
09/30/20 | 24.05 | 0.08(3) | (3.34) | (3.26) | (0.09) | — | (0.03) | (0.12) | 20.67 | (13.60) | 28,435 | 1.13 | 1.31 | 0.37 | 41 | |||||||||||||||
09/30/21 | 20.67 | 0.07(3) | 12.01 | 12.08 | (0.09) | — | (0.05) | (0.14) | 32.61 | 58.32 | 41,793 | 1.13 | 1.26 | 0.23 | 29 | |||||||||||||||
09/30/22 | 32.61 | 0.08(3) | (3.58) | (3.50) | (0.07) | — | (0.10) | (0.17) | 28.94 | (10.81) | 34,156 | 1.13 | 1.27 | 0.23 | 35 | |||||||||||||||
09/30/23 | 28.94 | 0.17(3) | 2.63 | 2.80 | (0.03) | — | — | (0.03) | 31.71 | 9.66 | 35,328 | 1.15 | 1.26 | 0.54 | 31(4) | |||||||||||||||
03/31/24(5) | 31.71 | 0.12(3) | 4.93 | 5.05 | (0.20) | — | — | (0.20) | 36.56 | 15.93(6) | 40,209 | 1.14(7) | 1.25(7) | 0.72(7) | 8(4)(6) | |||||||||||||||
Institutional Class | ||||||||||||||||||||||||||||||
09/30/19 | $27.94 | $0.18 | $(2.27) | $(2.09) | $(0.11) | $ (1.70) | $— | $(1.81) | $24.04 | (6.98)% | $40,104 | 0.98% | 1.17% | 0.59% | 28% | |||||||||||||||
09/30/20 | 24.04 | 0.12(3) | (3.33) | (3.21) | (0.11) | — | (0.04) | (0.15) | 20.68 | (13.42) | 7,825 | 0.98 | 1.19 | 0.52 | 41 | |||||||||||||||
09/30/21 | 20.68 | 0.11(3) | 12.03 | 12.14 | (0.10) | — | (0.05) | (0.15) | 32.67 | 58.59 | 9,176 | 0.98 | 1.25 | 0.38 | 29 | |||||||||||||||
09/30/22 | 32.67 | 0.13(3) | (3.59) | (3.46) | (0.10) | — | (0.12) | (0.22) | 28.99 | (10.67) | 7,389 | 0.98 | 1.26 | 0.38 | 35 | |||||||||||||||
09/30/23 | 28.99 | 0.22(3) | 2.62 | 2.84 | (0.03) | — | — | (0.03) | 31.80 | 9.81 | 54,449 | 1.00 | 1.20 | 0.69 | 31(4) | |||||||||||||||
03/31/24(5) | 31.80 | 0.15(3) | 4.95 | 5.10 | (0.22) | — | — | (0.22) | 36.68 | 16.02(6) | 104,123 | 0.99(7) | 1.21(7) | 0.87(7) | 8(4)(6) |
(1) | Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(2) | The ratio of net and gross expenses to average net assets excluding liquidity provider expenses would have been lower by 0.01% and 0.02% for the six months ended March 31, 2024 and for the year ended September 30, 2023, respectively. |
(3) | The net investment income per share was based on average shares outstanding for the period. |
(4) | Portfolio turnover excludes securities delivered from processing redemptions-in-kind. |
(5) | Unaudited. |
(6) | Not annualized. |
(7) | Annualized. |
(8) | Less than $0.005 per share. |
Touchstone Ultra Short Duration Fixed Income Fund | ||||||||||||||||||||||||||
Period ended | Net asset value at beginning of period | Net investment income (loss) | Net realized and unrealized gains (losses) on investments | Total from investment operations | Distributions from net investment income | Total distributions | Net asset value at end of period | Total return(1) | Net assets at end of period (000's) | Ratio of net expenses to average net assets | Ratio of gross expenses to average net assets | Ratio of net investment income (loss) to average net assets | Portfolio turnover rate | |||||||||||||
Class A | ||||||||||||||||||||||||||
09/30/19 | $9.25 | $0.23 | $0.04 | $0.27 | $(0.23) | $(0.23) | $9.29 | 2.95% | $71,684 | 0.69% | 0.80% | 2.43% | 91% | |||||||||||||
09/30/20 | 9.29 | 0.18 | (0.06) | 0.12 | (0.18) | (0.18) | 9.23 | 1.32 | 124,233 | 0.69 | 0.80 | 1.84 | 72 | |||||||||||||
09/30/21 | 9.23 | 0.04 | 0.02 | 0.06 | (0.08) | (0.08) | 9.21 | 0.67 | 144,172 | 0.69 | 0.74 | 0.40 | 113 | |||||||||||||
09/30/22 | 9.21 | 0.08 | (0.15) | (0.07) | (0.13) | (0.13) | 9.01 | (0.80) | 125,115 | 0.69 | 0.74 | 0.81 | 52 | |||||||||||||
09/30/23 | 9.01 | 0.33 | 0.07 | 0.40 | (0.34) | (0.34) | 9.07 | 4.51 | 75,540 | 0.69 | 0.76 | 3.57 | 29 | |||||||||||||
03/31/24(2) | 9.07 | 0.23 | 0.09 | 0.32 | (0.22) | (0.22) | 9.17 | 3.56(3) | 79,100 | 0.65(4) | 0.73(4) | 4.95(4) | 41(3) | |||||||||||||
Class C | ||||||||||||||||||||||||||
09/30/19 | $9.25 | $0.18 | $0.04 | $0.22 | $(0.18) | $(0.18) | $9.29 | 2.45% | $4,225 | 1.19% | 1.71% | 1.93% | 91% | |||||||||||||
09/30/20 | 9.29 | 0.12 | (0.04) | 0.08 | (0.13) | (0.13) | 9.24 | 0.93 | 5,276 | 1.19 | 1.60 | 1.33 | 72 | |||||||||||||
09/30/21 | 9.24 | (0.01) | 0.02 | 0.01 | (0.04) | (0.04) | 9.21 | 0.07 | 4,249 | 1.19 | 1.47 | (0.10) | 113 | |||||||||||||
09/30/22 | 9.21 | 0.03 | (0.14) | (0.11) | (0.08) | (0.08) | 9.02 | (1.18) | 5,013 | 1.19 | 1.48 | 0.31 | 52 | |||||||||||||
09/30/23 | 9.02 | 0.28 | 0.07 | 0.35 | (0.29) | (0.29) | 9.08 | 3.99 | 3,292 | 1.19 | 1.61 | 3.07 | 29 | |||||||||||||
03/31/24(2) | 9.08 | 0.21 | 0.09 | 0.30 | (0.20) | (0.20) | 9.18 | 3.30(3) | 3,514 | 1.15(4) | 1.59(4) | 4.45(4) | 41(3) | |||||||||||||
Class S | ||||||||||||||||||||||||||
09/30/19 | $9.25 | $0.21 | $0.03 | $0.24 | $(0.21) | $(0.21) | $9.28 | 2.59% | $135,565 | 0.94% | 0.99% | 2.18% | 91% | |||||||||||||
09/30/20 | 9.28 | 0.12 | (0.01) | 0.11 | (0.16) | (0.16) | 9.23 | 1.18 | 61,464 | 0.94 | 0.99 | 1.58 | 72 | |||||||||||||
09/30/21 | 9.23 | 0.01 | 0.03 | 0.04 | (0.06) | (0.06) | 9.21 | 0.42 | 52,456 | 0.94 | 0.99 | 0.15 | 113 | |||||||||||||
09/30/22 | 9.21 | 0.05 | (0.15) | (0.10) | (0.10) | (0.10) | 9.01 | (1.05) | 42,709 | 0.94 | 0.99 | 0.56 | 52 | |||||||||||||
09/30/23 | 9.01 | 0.30 | 0.08 | 0.38 | (0.32) | (0.32) | 9.07 | 4.28 | 35,599 | 0.94 | 1.04 | 3.32 | 29 | |||||||||||||
03/31/24(2) | 9.07 | 0.20 | 0.11 | 0.31 | (0.21) | (0.21) | 9.17 | 3.31(3) | 32,581 | 0.90(4) | 1.00(4) | 4.70(4) | 41(3) | |||||||||||||
Class Y | ||||||||||||||||||||||||||
09/30/19 | $9.25 | $0.25 | $0.04 | $0.29 | $(0.25) | $(0.25) | $9.29 | 3.21% | $305,997 | 0.44% | 0.51% | 2.68% | 91% | |||||||||||||
09/30/20 | 9.29 | 0.19 | (0.05) | 0.14 | (0.20) | (0.20) | 9.23 | 1.57 | 292,708 | 0.44 | 0.51 | 2.09 | 72 | |||||||||||||
09/30/21 | 9.23 | 0.06 | 0.03 | 0.09 | (0.11) | (0.11) | 9.21 | 0.92 | 296,363 | 0.44 | 0.50 | 0.65 | 113 | |||||||||||||
09/30/22 | 9.21 | 0.10 | (0.15) | (0.05) | (0.15) | (0.15) | 9.01 | (0.55) | 250,473 | 0.44 | 0.50 | 1.06 | 52 | |||||||||||||
09/30/23 | 9.01 | 0.35 | 0.08 | 0.43 | (0.36) | (0.36) | 9.08 | 4.88 | 193,680 | 0.44 | 0.52 | 3.82 | 29 | |||||||||||||
03/31/24(2) | 9.08 | 0.23 | 0.09 | 0.32 | (0.23) | (0.23) | 9.17 | 3.57(3) | 215,773 | 0.40(4) | 0.47(4) | 5.20(4) | 41(3) | |||||||||||||
Class Z | ||||||||||||||||||||||||||
09/30/19 | $9.25 | $0.23 | $0.04 | $0.27 | $(0.23) | $(0.23) | $9.29 | 2.95% | $128,199 | 0.69% | 0.77% | 2.43% | 91% | |||||||||||||
09/30/20 | 9.29 | 0.17 | (0.05) | 0.12 | (0.18) | (0.18) | 9.23 | 1.32 | 86,018 | 0.69 | 0.79 | 1.83 | 72 | |||||||||||||
09/30/21 | 9.23 | 0.03 | 0.03 | 0.06 | (0.08) | (0.08) | 9.21 | 0.68 | 75,058 | 0.69 | 0.78 | 0.40 | 113 | |||||||||||||
09/30/22 | 9.21 | 0.10 | (0.17) | (0.07) | (0.13) | (0.13) | 9.01 | (0.80) | 50,209 | 0.69 | 0.79 | 0.81 | 52 | |||||||||||||
09/30/23 | 9.01 | 0.32 | 0.08 | 0.40 | (0.34) | (0.34) | 9.07 | 4.51 | 41,800 | 0.69 | 0.81 | 3.57 | 29 | |||||||||||||
03/31/24(2) | 9.07 | 0.26 | 0.06 | 0.32 | (0.22) | (0.22) | 9.17 | 3.56(3) | 40,739 | 0.65(4) | 0.79(4) | 4.95(4) | 41(3) | |||||||||||||
Institutional Class | ||||||||||||||||||||||||||
09/30/19 | $9.25 | $0.26 | $0.03 | $0.29 | $(0.26) | $(0.26) | $9.28 | 3.17% | $362,921 | 0.39% | 0.46% | 2.73% | 91% | |||||||||||||
09/30/20 | 9.28 | 0.20 | (0.05) | 0.15 | (0.21) | (0.21) | 9.22 | 1.63 | 417,011 | 0.39 | 0.46 | 2.13 | 72 | |||||||||||||
09/30/21 | 9.22 | 0.07 | 0.02 | 0.09 | (0.11) | (0.11) | 9.20 | 0.98 | 500,705 | 0.39 | 0.45 | 0.70 | 113 | |||||||||||||
09/30/22 | 9.20 | 0.13 | (0.18) | (0.05) | (0.15) | (0.15) | 9.00 | (0.50) | 230,153 | 0.39 | 0.46 | 1.11 | 52 | |||||||||||||
09/30/23 | 9.00 | 0.36 | 0.08 | 0.44 | (0.37) | (0.37) | 9.07 | 4.94 | 136,828 | 0.39 | 0.47 | 3.87 | 29 | |||||||||||||
03/31/24(2) | 9.07 | 0.17 | 0.16 | 0.33 | (0.23) | (0.23) | 9.17 | 3.71(3) | 108,261 | 0.35(4) | 0.43(4) | 5.25(4) | 41(3) |
(1) | Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(2) | Unaudited. |
(3) | Not annualized. |
(4) | Annualized. |
Touchstone Active Bond Fund ("Active Bond Fund”) |
Touchstone Ares Credit Opportunities Fund ("Ares Credit Opportunities Fund”) |
Touchstone Dividend Equity Fund ("Dividend Equity Fund”) |
Touchstone High Yield Fund ("High Yield Fund”) |
Touchstone Impact Bond Fund ("Impact Bond Fund”) |
Touchstone Mid Cap Fund ("Mid Cap Fund”) |
Touchstone Mid Cap Value Fund ("Mid Cap Value Fund”) |
Touchstone Sands Capital International Growth Equity Fund ("Sands Capital International Growth Equity Fund”) |
Touchstone Sands Capital Select Growth Fund ("Sands Capital Select Growth Fund”) |
Touchstone Small Cap Fund ("Small Cap Fund”) |
Touchstone Small Cap Value Fund ("Small Cap Value Fund”) |
Touchstone Ultra Short Duration Fixed Income Fund ("Ultra Short Duration Fixed Income Fund”) |
Class A | Class C | Class S | Class Y | Class Z | Institutional Class | Class R6 | |
Active Bond Fund | X | X | X | X | |||
Ares Credit Opportunities Fund | X | X | X | X | |||
Dividend Equity Fund | X | X | X | X | X | ||
High Yield Fund | X | X | X | X | |||
Impact Bond Fund | X | X | X | X | X | ||
Mid Cap Fund | X | X | X | X | X | X | |
Mid Cap Value Fund | X | X | X | X | |||
Sands Capital International Growth Equity Fund | X | X | X | X | X | ||
Sands Capital Select Growth Fund | X | X | X | X | X | X | |
Small Cap Fund | X | X | X | X | |||
Small Cap Value Fund | X | X | X | X | |||
Ultra Short Duration Fixed Income Fund | X | X | X | X | X | X |
(1) | market value of investment securities, assets and liabilities at the current rate of exchange on the valuation date; and |
(2) | purchases and sales of investment securities, income, and expenses at the relevant rates of exchange prevailing on the respective dates of such transactions. |
Assets | Liabilities | ||
Ares Credit Opportunities Fund | |||
Forwards - Foreign Currency Contracts | $214,185 | $— | |
Total | $214,185 | $— |
Counterparty | Derivative Type | Gross Amount of Recognized Assets | Gross Amount Available for Offset in Statement of Assets and Liabilities | Non-Cash Collateral Received | Cash Collateral Received | Net Amount(A) |
Wells Fargo | Forward-Foreign Currency Contracts | $214,185 | $— | $— | $— | $214,185 |
(A) | Net amount represents the net amount receivable from the counterparty in the event of default. |
Fund | Derivatives not accounted for as hedging instruments under ASC 815 | Asset Derivatives | Liability Derivatives |
Active Bond Fund | Swap Agreements - Credit Contracts*
| $— | $755,696 |
Futures Contracts - Interest Rate Contracts**
| 30,716 | 158,875 | |
Ares Credit Opportunities Fund | Purchased Options - Equity Contracts***
| 6,800 | — |
Written Options - Equity Contracts****
| — | 4,400 | |
Forwards - Foreign Currency Contracts*****
| 214,185 | — | |
Swap Agreements - Credit Contracts*
| — | 9,549 |
* | Statements of Assets and Liabilities Location: Payable for variation margin on swap agreements. Variation margin reported in the Portfolio of Investments and other tables in the Notes to the Financial Statements is the cumulative unrealized appreciation (depreciation). |
** | Statements of Assets and Liabilities Location: Payable for variation margin on futures contracts. Only current day’s variation margin is reported within the payable/receivable on the Statement of Assets and Liabilities. Includes cumulative appreciation/(depreciation) on futures contracts as reported on the Portfolio of Investments and within the components of net assets section of the Statement of Assets and Liabilities. |
*** | Statements of Assets and Liabilities Location: Investments, at market value. |
**** | Statements of Assets and Liabilities Location: Written options, at market value. |
***** | Statements of Assets and Liabilities Location: Unrealized appreciation (depreciation) on forward foreign currency contracts. |
Fund | Derivatives not accounted for as hedging instruments under ASC 815 | Realized Gains (Losses) on Derivatives | Change in Unrealized Appreciation (Depreciation) on Derivatives |
Active Bond Fund | Futures - Interest Rate Contracts* | $(542,346) | $(233,998) |
Swap Agreements - Credit Contracts** | (86,440) | (723,922) | |
Ares Credit Opportunities Fund | Purchased Options - Equity Contracts*** | 37,958 | — |
Written Options - Equity Contracts**** | 10,700 | (1,800) | |
Forwards - Foreign Currency Exchange Contracts***** | (192,977) | 80,780 | |
Swap Agreements - Credit Contracts** | (15,166) | (17,486) |
* | Statements of Operations Location: Net realized losses on futures contracts and Net change in unrealized appreciation (depreciation) on futures contracts, respectively. |
** | Statements of Operations Location: Net realized losses on swap agreements and Net change in unrealized appreciation (depreciation) on swap agreements, respectively. |
*** | Statements of Operations Location: Net realized gains (losses) on investments and Net change in unrealized appreciation (depreciation) on investments, respectively. |
**** | Statements of Operations Location: Net realized gains on written options and Net change in unrealized appreciation (depreciation) on written options, respectively. |
***** | Statements of Operations Location: Net realized losses on forward foreign currency contracts and Net change in unrealized appreciation (depreciation) on forward foreign currency contracts, respectively. |
Active Bond Fund | Ares Credit Opportunities Fund | |
Equity Contracts: | ||
Purchased Options - Cost | $— | $72,956 |
Written Options - Premiums received | — | 3,000 |
Credit Contracts: | ||
Credit Default Swaps (buy protection) - Notional value | 10,146,900 | 563,033 |
Forward currency exchange contracts: | ||
U.S. dollar amount received | — | 10,248,043 |
Interest Rate Contracts: | ||
Futures Contracts (long) - Notional Value | 49,975,951 | — |
Futures Contracts (short) - Notional Value | 9,600,219 | — |
Fund | Security Type | Market Value of Securities Loaned* | Market Value of Collateral Received** | Net Amount*** |
Ares Credit Opportunities Fund | Corporate Bonds | $3,852,720 | $4,045,367 | $192,647 |
High Yield Fund | Corporate Bonds | 1,466,558 | 1,531,015 | 64,457 |
* | The remaining contractual maturity is overnight for all securities. |
** | Gross amount of recognized liabilities for securities lending included in the Statements of Assets and Liabilities. |
*** | Net amount represents the net amount payable due to (received from) the borrower in the event of default. |
Active Bond Fund | Ares Credit Opportunities Fund | Dividend Equity Fund | High Yield Fund | Impact Bond Fund | Mid Cap Fund* | |
Purchases of investment securities | $26,664,345 | $205,519,738 | $131,552,942 | $11,702,532 | $24,387,713 | $724,823,056 |
Proceeds from sales and maturities | $40,785,789 | $92,350,445 | $397,621,414 | $13,589,773 | $27,185,138 | $460,747,351 |
Mid Cap Value Fund* | Sands Capital International Growth Equity Fund | Sands Capital Select Growth Fund* | Small Cap Fund* | Small Cap Value Fund* | Ultra Short Duration Fixed Income Fund | |
Purchases of investment securities | $147,298,647 | $11,704,112 | $473,741,398 | $111,256,744 | $52,307,357 | $172,796,263 |
Proceeds from sales and maturities | $90,246,019 | $12,346,469 | $562,806,360 | $9,821,689 | $9,273,052 | $166,456,695 |
* | The Mid Cap Fund, the Mid Cap Value Fund, the Sands Capital Select Growth Fund, the Small Cap Fund and the Small Cap Value Fund had redemption-in-kinds out of the Fund of $63,384,768, $48,570,608, $227,854,812, $672,616 and $3,169,461, respectively, which are excluded from the proceeds from sales and maturities. |
Active Bond Fund | 0.38% on the first $200 million 0.30% on such assets over $200 million |
Ares Credit Opportunities Fund | 0.60% on all assets |
Dividend Equity Fund | 0.55% on the first $1 billion 0.50% on such assets over $1 billion |
High Yield Fund | 0.60% on the first $50 million 0.50% on the next $250 million 0.45% on such assets over $300 million |
Impact Bond Fund | 0.30% on the first $200 million 0.225% on such assets over $200 million |
Mid Cap Fund | 0.80% on the first $1 billion 0.70% on the next $500 million 0.60% on such assets over $1.5 billion |
Mid Cap Value Fund | 0.75% on all assets |
Sands Capital International Growth Equity Fund | 0.65% on the first $1 billion 0.60% on such assets over $1 billion |
Sands Capital Select Growth Fund | 0.70% on the first $1 billion 0.65% on the next $500 million 0.60% on the next $500 million 0.55% on such assets over $2 billion |
Small Cap Fund | 0.85% on the first $250 million 0.80% on the next $250 million 0.70% on such assets over $500 million |
Small Cap Value Fund | 0.85% on all assets |
Ultra Short Duration Fixed Income Fund | 0.18% on the first $500 million 0.16% on such assets over $500 million |
Ares Capital Management II LLC | The London Company |
Ares Credit Opportunities Fund | Mid Cap Fund |
EARNEST Partners LLC | Small Cap Fund |
Impact Bond Fund | Sands Capital Management, LLC |
Fort Washington Investment Advisors, Inc.* | Sands Capital International Growth Equity Fund |
Active Bond Fund | Sands Capital Select Growth Fund |
Dividend Equity Fund | |
High Yield Fund | |
Ultra Short Duration Fixed Income Fund | |
Leeward Investments, LLC | |
Mid Cap Value Fund | |
Small Cap Value Fund |
Class A | Class C | Class S | Class Y | Class Z | Institutional Class | Class R6 | Termination Date | |
Active Bond Fund | 0.83% | 1.56% | — | 0.58% | — | 0.50% | — | January 29, 2025 |
Ares Credit Opportunities Fund | 1.03% | 1.43% | — | 0.83% | — | 0.73% | — | January 29, 2025 |
Dividend Equity Fund | 0.99% | 1.69% | — | 0.77% | — | 0.67% | 0.65% | January 29, 2025 |
High Yield Fund | 1.05% | 1.80% | — | 0.80% | — | 0.72% | — | January 29, 2025 |
Impact Bond Fund | 0.76% | 1.51% | — | 0.51% | — | 0.41% | 0.37% | January 29, 2025 |
Mid Cap Fund | 1.21% | 1.96% | — | 0.96% | 1.21% | 0.89% | 0.79% | January 29, 2025 |
Mid Cap Value Fund | 1.22% | 1.97% | — | 0.97% | — | 0.84% | — | January 29, 2025 |
Sands Capital International Growth Equity Fund | 1.17% | 1.95% | — | 0.90% | — | 0.86% | 0.82% | January 29, 2025 |
Sands Capital Select Growth Fund | 1.13% | 1.74% | — | 0.90% | 1.14% | 0.78% | 0.72% | January 29, 2025 |
Small Cap Fund | 1.24% | 1.99% | — | 0.99% | — | 0.91% | — | January 29, 2025 |
Small Cap Value Fund | 1.38% | 2.13% | — | 1.13% | — | 0.98% | — | January 29, 2025 |
Ultra Short Duration Fixed Income Fund | 0.65% | 1.15% | 0.90% | 0.40% | 0.65% | 0.35% | — | January 29, 2025 |
Fund | Investment Advisory Fees Waived | Administration Fees Waived | Other Operating Expenses Reimbursed/ Waived | Total |
Active Bond Fund | $— | $40,844 | $151,578 | $192,422 |
Ares Credit Opportunities Fund | — | 5,194 | 220,087 | 225,281 |
Dividend Equity Fund | — | 163 | 381,671 | 381,834 |
High Yield Fund | — | 40,024 | 54,579 | 94,603 |
Impact Bond Fund | — | 16,526 | 99,163 | 115,689 |
Mid Cap Fund | — | 17,877 | 41,601 | 59,478 |
Mid Cap Value Fund | — | 129,834 | 521,919 | 651,753 |
Sands Capital International Growth Equity Fund | — | 21,556 | 85,043 | 106,599 |
Sands Capital Select Growth Fund | — | 191,694 | 333,055 | 524,749 |
Small Cap Fund | — | 55,366 | 108,831 | 164,197 |
Small Cap Value Fund | — | 29,846 | 75,019 | 104,865 |
Ultra Short Duration Fixed Income Fund | — | 15,886 | 187,918 | 203,804 |
Fund | Expires on or before September 30, 2024 | Expires on or before September 30, 2025 | Expires on or before September 30, 2026 | Expires on or before September 30, 2027 | Total |
Active Bond Fund | $41,481 | $129,291 | $163,390 | $89,720 | $423,882 |
Ares Credit Opportunities Fund | 85,292 | 220,343 | 209,014 | 88,667 | 603,316 |
Dividend Equity Fund | 2,947 | 15,147 | 17,239 | 8,471 | 43,804 |
High Yield Fund | 32,863 | 124,409 | 138,443 | 77,803 | 373,518 |
Impact Bond Fund | 90,672 | 199,976 | 188,451 | 96,841 | 575,940 |
Mid Cap Fund | 6,295 | 77,736 | 191,897 | 59,478 | 335,406 |
Mid Cap Value Fund | 638,740 | 1,249,338 | 1,215,259 | 624,857 | 3,728,194 |
Sands Capital International Growth Equity Fund | 52,569 | 107,560 | 138,906 | 95,192 | 394,227 |
Sands Capital Select Growth Fund | 1,024 | 415,611 | 1,015,554 | 449,722 | 1,881,911 |
Small Cap Fund | 104,668 | 223,917 | 267,374 | 146,941 | 742,900 |
Fund | Expires on or before September 30, 2024 | Expires on or before September 30, 2025 | Expires on or before September 30, 2026 | Expires on or before September 30, 2027 | Total |
Small Cap Value Fund | $28,863 | $88,081 | $163,082 | $87,119 | $367,145 |
Ultra Short Duration Fixed Income Fund | 276,118 | 473,831 | 405,681 | 131,568 | 1,287,198 |
Fund | Amount |
Active Bond Fund | $ 2,251 |
Ares Credit Opportunities Fund | 4,692 |
Dividend Equity Fund | 9,514 |
High Yield Fund | 1,106 |
Impact Bond Fund | 142 |
Mid Cap Fund | 10,653 |
Mid Cap Value Fund | 439 |
Sands Capital International Growth Equity Fund | 54 |
Sands Capital Select Growth Fund | 6,161 |
Small Cap Fund | 577 |
Small Cap Value Fund | 55 |
Ultra Short Duration Fixed Income Fund | 709 |
Fund | Class A | Class C |
Active Bond Fund | $ 79 | $ 19 |
Ares Credit Opportunities Fund | — | 433 |
Dividend Equity Fund | — | 483 |
Impact Bond Fund | 850 | — |
Mid Cap Fund | — | 388 |
Mid Cap Value Fund | — | 31 |
Sands Capital Select Growth Fund | — | 111 |
Ultra Short Duration Fixed Income Fund | — | 165 |
Fund | Shares ReFlow Subscribed to | Redemptions-in-kind |
Mid Cap Fund | 1,902,501 | $ 63,384,768 |
Mid Cap Value Fund | 2,413,760 | 48,570,608 |
Sands Capital Select Growth Fund | 16,278,106 | 227,854,812 |
Small Cap Fund | 160,721 | 672,616 |
Small Cap Value Fund | 115,627 | 3,169,461 |
Fund | Daily Average Amount Loaned | Weighted Average Interest Rate | Interest Income* |
Mid Cap Fund | $ 628,516 | 5.89% | $ 18,821 |
* | Included in Interest in the Statements of Operations. |
Fund | Daily Average Amount Borrowed | Weighted Average Interest Rate | Interest Expense* |
Active Bond Fund | $ 11,071 | 5.90% | $ 332 |
Dividend Equity Fund | $ 1,760,958 | 5.89% | $ 52,734 |
Impact Bond Fund | $ 74,555 | 5.90% | $ 2,236 |
Sands Capital International Growth Equity Fund | $ 101,988 | 5.89% | $ 3,051 |
Sands Capital Select Growth Fund | $ 33,296 | 5.90% | $ 999 |
* | Included in Other expenses in the Statements of Operations. |
Active Bond Fund | Ares Credit Opportunities Fund | Dividend Equity Fund | ||||
Year Ended September 30, 2023 | Year Ended September 30, 2022 | Year Ended September 30, 2023 | Year Ended September 30, 2022 | Year Ended September 30, 2023 | Year Ended September 30, 2022 | |
From ordinary income | $9,842,820 | $9,708,614 | $22,279,562 | $22,601,443 | $117,383,591 | $62,270,650 |
From long-term capital gains | — | — | — | — | 26,369,054 | 58,114,891 |
From return of capital | — | — | — | 461,802 | — | — |
Total distributions | $9,842,820 | $9,708,614 | $22,279,562 | $23,063,245 | $143,752,645 | $120,385,541 |
High Yield Fund | Impact Bond Fund | Mid Cap Fund | ||||
Year Ended September 30, 2023 | Year Ended September 30, 2022 | Year Ended September 30, 2023 | Year Ended September 30, 2022 | Year Ended September 30, 2023 | Year Ended September 30, 2022 | |
From ordinary income | $6,136,287 | $5,521,170 | $16,934,074 | $10,778,441 | $14,955,024 | $78,196,511 |
From long-term capital gains | — | — | — | — | 45,156,008 | 59,498,683 |
Total distributions | $6,136,287 | $5,521,170 | $16,934,074 | $10,778,441 | $60,111,032 | $137,695,194 |
Mid Cap Value Fund | Sands Capital International Growth Equity Fund | Sands Capital Select Growth Fund | ||||
Year Ended September 30, 2023 | Year Ended September 30, 2022 | Year Ended September 30, 2023 | Year Ended September 30, 2022 | Year Ended September 30, 2023 | Year Ended September 30, 2022 | |
From ordinary income | $2,817,232 | $18,385,395 | $722,096 | $422,795 | $— | $59,079,674 |
From long-term capital gains | 40,703,348 | 46,436,919 | — | 1,825,103 | — | 552,873,038 |
Total distributions | $43,520,580 | $64,822,314 | $722,096 | $2,247,898 | $— | $611,952,712 |
Small Cap Fund | Small Cap Value Fund | Ultra Short Duration Fixed Income Fund | ||||
Year Ended September 30, 2023 | Year Ended September 30, 2022 | Year Ended September 30, 2023 | Year Ended September 30, 2022 | Year Ended September 30, 2023 | Year Ended September 30, 2022 | |
From ordinary income | $599,565 | $1,344,611 | $105,710 | $160,439 | $22,927,101 | $13,644,637 |
From long-term capital gains | 1,240,712 | 10,677,181 | — | — | — | — |
From return of capital | — | — | — | 210,519 | — | — |
Total distributions | $1,840,277 | $12,021,792 | $105,710 | $370,958 | $22,927,101 | $13,644,637 |
Active Bond Fund | Ares Credit Opportunities Fund | Dividend Equity Fund | High Yield Fund | |
Tax cost of portfolio investments | $284,449,693 | $378,813,863 | $2,521,605,779 | $110,744,361 |
Gross unrealized appreciation on investments | 423,656 | 3,176,896 | 274,039,377 | 393,881 |
Gross unrealized depreciation on investments | (35,228,547) | (30,703,633) | (386,890,401) | (8,474,129) |
Net unrealized appreciation (depreciation) on investments | (34,804,891) | (27,526,737) | (112,851,024) | (8,080,248) |
Gross unrealized appreciation on short sales, derivatives and foreign currency transactions | 1 | 24,856 | — | — |
Gross unrealized depreciation on foreign currency transactions | (12) | (4,981) | — | — |
Net unrealized appreciation (depreciation) on short sales and foreign currency transactions | (11) | 19,875 | — | — |
Capital loss carryforwards | (118,201,459) | (75,016,201) | — | (21,561,376) |
Undistributed ordinary income | 209,535 | 263,664 | 8,894,756 | 31,021 |
Undistributed capital gains | — | — | 59,467,603 | — |
Other temporary differences | (35) | (443,739) | (611) | — |
Accumulated earnings (deficit) | $(152,796,861) | $(102,703,138) | $(44,489,276) | $(29,610,603) |
Impact Bond Fund | Mid Cap Fund | Mid Cap Value Fund | Sands Capital International Growth Equity Fund | |
Tax cost of portfolio investments | $595,140,165 | $3,770,308,527 | $582,308,982 | $38,503,794 |
Gross unrealized appreciation on investments | 23,732 | 984,264,065 | 162,982,249 | 664,654 |
Gross unrealized depreciation on investments | (79,446,270) | (208,773,819) | (47,429,157) | (3,231,786) |
Net unrealized appreciation (depreciation) on investments | (79,422,538) | 775,490,246 | 115,553,092 | (2,567,132) |
Gross unrealized appreciation on foreign currency transactions | — | — | — | 158 |
Gross unrealized depreciation on foreign currency transactions | — | — | — | (10) |
Net unrealized appreciation (depreciation) on foreign currency transactions | — | — | — | 148 |
Capital loss carryforwards | (11,302,287) | — | — | — |
Undistributed ordinary income | 393,883 | 19,647,237 | 5,034,989 | 656,188 |
Undistributed capital gains | — | 13,902,184 | 4,630,291 | 1,017,840 |
Accumulated earnings (deficit) | $(90,330,942) | $809,039,667 | $125,218,372 | $(892,956) |
Sands Capital Select Growth Fund | Small Cap Fund | Small Cap Value Fund | Ultra Short Duration Fixed Income Fund | |
Tax cost of portfolio investments | $1,879,930,342 | $112,026,846 | $106,489,029 | $495,856,556 |
Gross unrealized appreciation on investments | 670,051,613 | 28,932,867 | 17,351,257 | 669,344 |
Gross unrealized depreciation on investments | (248,797,306) | (10,623,453) | (10,639,039) | (11,208,712) |
Net unrealized appreciation (depreciation) on investments | 421,254,307 | 18,309,414 | 6,712,218 | (10,539,368) |
Capital loss carryforwards | (452,451,365) | — | (7,625,623) | (112,408,883) |
Qualified late year losses | (10,268,586) | — | — | — |
Undistributed ordinary income | — | 815,180 | 537,087 | 927,604 |
Undistributed capital gains | — | 4,031,799 | — | — |
Other temporary differences | — | — | — | (246,759) |
Accumulated earnings (deficit) | $(41,465,644) | $23,156,393 | $(376,318) | $(122,267,406) |
Fund | No Expiration Short Term | No Expiration Long Term | Total |
Active Bond Fund* | $ 62,546,545 | $ 55,654,914 | $ 118,201,459 |
Ares Credit Opportunities Fund* | 10,437,624 | 64,578,577 | 75,016,201 |
High Yield Fund | 1,759,351 | 19,802,025 | 21,561,376 |
Impact Bond Fund | 1,063,700 | 10,238,587 | 11,302,287 |
Sands Capital Select Growth Fund | 368,696,543 | 83,754,822 | 452,451,365 |
Small Cap Value Fund | 7,211,287 | 414,336 | 7,625,623 |
Ultra Short Duration Fixed Income Fund* | 37,103,933 | 75,304,950 | 112,408,883 |
* | Future utilization may be limited under current tax laws. |
Fund | Utilized |
Sands Capital International Growth Equity Fund | $ 1,250,666 |
Fund | Federal Tax Cost | Gross Unrealized Appreciation on Investments | Gross Unrealized Depreciation on Investments | Gross Unrealized Appreciation on Other(A) | Gross Unrealized Depreciation on Other(A) | Net Unrealized Appreciation (Depreciation) |
Active Bond Fund | $266,017,273 | $1,558,517 | $(17,231,809) | $30,716 | $(914,581) | $(16,557,157) |
Ares Credit Opportunities Fund | 509,574,228 | 9,302,348 | (18,308,799) | 214,185 | (21,740) | (8,793,709) |
Dividend Equity Fund | 2,338,474,524 | 450,516,997 | (207,494,172) | — | — | 243,022,825 |
High Yield Fund | 108,211,393 | 1,603,845 | (4,608,601) | — | — | (3,004,756) |
Impact Bond Fund | 616,887,462 | 1,011,651 | (52,966,941) | — | — | (51,955,290) |
Mid Cap Fund | 4,094,123,447 | 1,818,728,769 | (90,767,676) | — | — | 1,727,961,093 |
Mid Cap Value Fund | 635,184,734 | 228,951,386 | (23,665,813) | — | — | 205,285,573 |
Fund | Federal Tax Cost | Gross Unrealized Appreciation on Investments | Gross Unrealized Depreciation on Investments | Gross Unrealized Appreciation on Other(A) | Gross Unrealized Depreciation on Other(A) | Net Unrealized Appreciation (Depreciation) |
Sands Capital International Growth Equity Fund | $38,817,443 | $7,445,608 | $(625,991) | $462 | $(12) | $6,820,067 |
Sands Capital Select Growth Fund | 1,739,764,422 | 1,172,394,457 | (55,488,571) | — | — | 1,116,905,886 |
Small Cap Fund | 216,087,509 | 59,567,546 | (7,476,624) | — | — | 52,090,922 |
Small Cap Value Fund | 168,608,921 | 30,793,665 | (9,224,018) | — | — | 21,569,647 |
Ultra Short Duration Fixed Income Fund | 497,458,674 | 1,238,264 | (6,949,782) | — | — | (5,711,518) |
(A) | Other includes Derivatives and Foreign Currency Transactions. |
Net Expense Ratio Annualized March 31, 2024 | Beginning Account Value October 1, 2023 | Ending Account Value March 31, 2024 | Expenses Paid During the Six Months Ended March 31, 2024* | ||
Active Bond Fund | |||||
Class A | Actual | 0.83% | $1,000.00 | $1,065.70 | $4.29 |
Class A | Hypothetical | 0.83% | $1,000.00 | $1,020.85 | $4.19 |
Class C | Actual | 1.56% | $1,000.00 | $1,061.00 | $8.04 |
Class C | Hypothetical | 1.56% | $1,000.00 | $1,017.20 | $7.87 |
Class Y | Actual | 0.58% | $1,000.00 | $1,068.30 | $3.00 |
Net Expense Ratio Annualized March 31, 2024 | Beginning Account Value October 1, 2023 | Ending Account Value March 31, 2024 | Expenses Paid During the Six Months Ended March 31, 2024* | ||
Class Y | Hypothetical | 0.58% | $1,000.00 | $1,022.10 | $2.93 |
Institutional Class | Actual | 0.50% | $1,000.00 | $1,067.60 | $2.58 |
Institutional Class | Hypothetical | 0.50% | $1,000.00 | $1,022.50 | $2.53 |
Ares Credit Opportunities Fund | |||||
Class A | Actual | 1.05% | $1,000.00 | $1,078.30 | $5.46 |
Class A | Hypothetical | 1.05% | $1,000.00 | $1,019.75 | $5.30 |
Class C | Actual | 1.45% | $1,000.00 | $1,075.60 | $7.52 |
Class C | Hypothetical | 1.45% | $1,000.00 | $1,017.75 | $7.31 |
Class Y | Actual | 0.85% | $1,000.00 | $1,078.00 | $4.42 |
Class Y | Hypothetical | 0.85% | $1,000.00 | $1,020.75 | $4.29 |
Institutional Class | Actual | 0.75% | $1,000.00 | $1,080.00 | $3.90 |
Institutional Class | Hypothetical | 0.75% | $1,000.00 | $1,021.25 | $3.79 |
Dividend Equity Fund | |||||
Class A | Actual | 0.99% | $1,000.00 | $1,199.50 | $5.44 |
Class A | Hypothetical | 0.99% | $1,000.00 | $1,020.05 | $5.00 |
Class C | Actual | 1.69% | $1,000.00 | $1,195.60 | $9.28 |
Class C | Hypothetical | 1.69% | $1,000.00 | $1,016.55 | $8.52 |
Class Y | Actual | 0.76% | $1,000.00 | $1,201.20 | $4.18 |
Class Y | Hypothetical | 0.76% | $1,000.00 | $1,021.20 | $3.84 |
Institutional Class | Actual | 0.67% | $1,000.00 | $1,201.80 | $3.69 |
Institutional Class | Hypothetical | 0.67% | $1,000.00 | $1,021.65 | $3.39 |
Class R6 | Actual | 0.65% | $1,000.00 | $1,201.90 | $3.58 |
Class R6 | Hypothetical | 0.65% | $1,000.00 | $1,021.75 | $3.29 |
High Yield Fund | |||||
Class A | Actual | 1.05% | $1,000.00 | $1,078.70 | $5.46 |
Class A | Hypothetical | 1.05% | $1,000.00 | $1,019.75 | $5.30 |
Class C | Actual | 1.80% | $1,000.00 | $1,075.00 | $9.34 |
Class C | Hypothetical | 1.80% | $1,000.00 | $1,016.00 | $9.07 |
Class Y | Actual | 0.80% | $1,000.00 | $1,080.30 | $4.16 |
Class Y | Hypothetical | 0.80% | $1,000.00 | $1,021.00 | $4.04 |
Institutional Class | Actual | 0.72% | $1,000.00 | $1,080.80 | $3.75 |
Institutional Class | Hypothetical | 0.72% | $1,000.00 | $1,021.40 | $3.64 |
Impact Bond Fund | |||||
Class A | Actual | 0.76% | $1,000.00 | $1,062.20 | $3.92 |
Class A | Hypothetical | 0.76% | $1,000.00 | $1,021.20 | $3.84 |
Class C | Actual | 1.51% | $1,000.00 | $1,058.20 | $7.77 |
Class C | Hypothetical | 1.51% | $1,000.00 | $1,017.45 | $7.62 |
Class Y | Actual | 0.50% | $1,000.00 | $1,063.50 | $2.58 |
Class Y | Hypothetical | 0.50% | $1,000.00 | $1,022.50 | $2.53 |
Institutional Class | Actual | 0.41% | $1,000.00 | $1,064.00 | $2.12 |
Institutional Class | Hypothetical | 0.41% | $1,000.00 | $1,022.95 | $2.07 |
Class R6 | Actual | 0.37% | $1,000.00 | $1,064.20 | $1.91 |
Class R6 | Hypothetical | 0.37% | $1,000.00 | $1,023.15 | $1.87 |
Mid Cap Fund | |||||
Class A | Actual | 1.20% | $1,000.00 | $1,231.80 | $6.70** |
Class A | Hypothetical | 1.20% | $1,000.00 | $1,019.00 | $6.06** |
Class C | Actual | 1.92% | $1,000.00 | $1,227.20 | $10.69** |
Class C | Hypothetical | 1.92% | $1,000.00 | $1,015.40 | $9.67** |
Class Y | Actual | 0.92% | $1,000.00 | $1,233.40 | $5.14** |
Class Y | Hypothetical | 0.92% | $1,000.00 | $1,020.40 | $4.65** |
Class Z | Actual | 1.22% | $1,000.00 | $1,231.50 | $6.81** |
Class Z | Hypothetical | 1.22% | $1,000.00 | $1,018.90 | $6.16** |
Institutional Class | Actual | 0.86% | $1,000.00 | $1,233.90 | $4.80** |
Institutional Class | Hypothetical | 0.86% | $1,000.00 | $1,020.70 | $4.34** |
Class R6 | Actual | 0.80% | $1,000.00 | $1,234.10 | $4.47** |
Class R6 | Hypothetical | 0.80% | $1,000.00 | $1,021.00 | $4.04** |
Mid Cap Value Fund | |||||
Class A | Actual | 1.24% | $1,000.00 | $1,181.70 | $6.76*** |
Class A | Hypothetical | 1.24% | $1,000.00 | $1,018.80 | $6.26*** |
Class C | Actual | 1.99% | $1,000.00 | $1,176.90 | $10.83*** |
Class C | Hypothetical | 1.99% | $1,000.00 | $1,015.05 | $10.02*** |
Class Y | Actual | 0.99% | $1,000.00 | $1,182.90 | $5.40*** |
Class Y | Hypothetical | 0.99% | $1,000.00 | $1,020.05 | $5.00*** |
Institutional Class | Actual | 0.86% | $1,000.00 | $1,183.40 | $4.69*** |
Institutional Class | Hypothetical | 0.86% | $1,000.00 | $1,020.70 | $4.34*** |
Net Expense Ratio Annualized March 31, 2024 | Beginning Account Value October 1, 2023 | Ending Account Value March 31, 2024 | Expenses Paid During the Six Months Ended March 31, 2024* | ||
Sands Capital International Growth Equity Fund | |||||
Class A | Actual | 1.19% | $1,000.00 | $1,277.60 | $6.78**** |
Class A | Hypothetical | 1.19% | $1,000.00 | $1,019.05 | $6.01**** |
Class C | Actual | 1.97% | $1,000.00 | $1,272.70 | $11.19**** |
Class C | Hypothetical | 1.97% | $1,000.00 | $1,015.15 | $9.92**** |
Class Y | Actual | 0.92% | $1,000.00 | $1,278.60 | $5.24**** |
Class Y | Hypothetical | 0.92% | $1,000.00 | $1,020.40 | $4.65**** |
Institutional Class | Actual | 0.88% | $1,000.00 | $1,278.50 | $5.01**** |
Institutional Class | Hypothetical | 0.88% | $1,000.00 | $1,020.60 | $4.45**** |
Class R6 | Actual | 0.84% | $1,000.00 | $1,278.70 | $4.79**** |
Class R6 | Hypothetical | 0.84% | $1,000.00 | $1,020.80 | $4.24**** |
Sands Capital Select Growth Fund | |||||
Class A | Actual | 1.16% | $1,000.00 | $1,412.90 | $7.00***** |
Class A | Hypothetical | 1.16% | $1,000.00 | $1,019.20 | $5.86***** |
Class C | Actual | 1.77% | $1,000.00 | $1,408.90 | $10.66***** |
Class C | Hypothetical | 1.77% | $1,000.00 | $1,016.15 | $8.92***** |
Class Y | Actual | 0.90% | $1,000.00 | $1,414.30 | $5.43***** |
Class Y | Hypothetical | 0.90% | $1,000.00 | $1,020.50 | $4.55***** |
Class Z | Actual | 1.17% | $1,000.00 | $1,412.50 | $7.06***** |
Class Z | Hypothetical | 1.17% | $1,000.00 | $1,019.15 | $5.91***** |
Institutional Class | Actual | 0.81% | $1,000.00 | $1,415.00 | $4.89***** |
Institutional Class | Hypothetical | 0.81% | $1,000.00 | $1,020.95 | $4.09***** |
Class R6 | Actual | 0.75% | $1,000.00 | $1,415.10 | $4.53***** |
Class R6 | Hypothetical | 0.75% | $1,000.00 | $1,021.25 | $3.79***** |
Small Cap Fund | |||||
Class A | Actual | 1.24% | $1,000.00 | $1,205.10 | $6.84 |
Class A | Hypothetical | 1.24% | $1,000.00 | $1,018.80 | $6.26 |
Class C | Actual | 1.99% | $1,000.00 | $1,201.70 | $10.95 |
Class C | Hypothetical | 1.99% | $1,000.00 | $1,015.05 | $10.02 |
Class Y | Actual | 0.99% | $1,000.00 | $1,207.30 | $5.46 |
Class Y | Hypothetical | 0.99% | $1,000.00 | $1,020.05 | $5.00 |
Institutional Class | Actual | 0.91% | $1,000.00 | $1,207.40 | $5.02 |
Institutional Class | Hypothetical | 0.91% | $1,000.00 | $1,020.45 | $4.60 |
Small Cap Value Fund | |||||
Class A | Actual | 1.39% | $1,000.00 | $1,158.10 | $7.50****** |
Class A | Hypothetical | 1.39% | $1,000.00 | $1,018.05 | $7.01****** |
Class C | Actual | 2.14% | $1,000.00 | $1,153.50 | $11.52****** |
Class C | Hypothetical | 2.14% | $1,000.00 | $1,014.30 | $10.78****** |
Class Y | Actual | 1.14% | $1,000.00 | $1,159.30 | $6.15****** |
Class Y | Hypothetical | 1.14% | $1,000.00 | $1,019.30 | $5.76****** |
Institutional Class | Actual | 0.99% | $1,000.00 | $1,160.20 | $5.35****** |
Institutional Class | Hypothetical | 0.99% | $1,000.00 | $1,020.05 | $5.00****** |
Ultra Short Duration Fixed Income Fund | |||||
Class A | Actual | 0.65% | $1,000.00 | $1,035.60 | $3.31 |
Class A | Hypothetical | 0.65% | $1,000.00 | $1,021.75 | $3.29 |
Class C | Actual | 1.15% | $1,000.00 | $1,033.00 | $5.84 |
Class C | Hypothetical | 1.15% | $1,000.00 | $1,019.25 | $5.81 |
Class S | Actual | 0.90% | $1,000.00 | $1,033.10 | $4.57 |
Class S | Hypothetical | 0.90% | $1,000.00 | $1,020.50 | $4.55 |
Class Y | Actual | 0.40% | $1,000.00 | $1,035.70 | $2.04 |
Class Y | Hypothetical | 0.40% | $1,000.00 | $1,023.00 | $2.02 |
Class Z | Actual | 0.64% | $1,000.00 | $1,035.60 | $3.26 |
Class Z | Hypothetical | 0.64% | $1,000.00 | $1,021.80 | $3.23 |
Institutional Class | Actual | 0.35% | $1,000.00 | $1,037.10 | $1.78 |
Institutional Class | Hypothetical | 0.35% | $1,000.00 | $1,023.25 | $1.77 |
* | Expenses are equal to the Fund’s annualized expense ratio, multiplied by the average account value over the period, multiplied by 183/366 (to reflect one-half year period). |
** | Excluding liquidity provider expenses, your actual cost of investment in Class A, Class C, Class Y, Class Z, Institutional Class and Class R6 would be $6.64, $10.63, $5.08, $6.75, $4.75 and $4.41, respectively, and your hypothetical cost of investment in Class A, Class C, Class Y, Class Z, Institutional Class and Class R6 would be $6.01, $9.62, $4.60, $6.11, $4.29 and $3.99, respectively. |
*** | Excluding liquidity provider expenses, your actual cost of investment in Class A, Class C, Class Y and Institutional Class would be $6.65, $10.72, $5.29 and $4.59, respectively, and your hypothetical cost of investment in Class A, Class C, Class Y and Institutional Class would be $6.16, $9.92, $4.90 and $4.24, respectively. |
**** | Excluding liquidity provider expenses, your actual cost of investment in Class A, Class C, Class Y, Institutional Class and Class R6 would be $6.66, $11.08, $5.13, $4.90 and $4.67, respectively, and your hypothetical cost of investment in Class A, Class C, Class Y, Institutional Class and Class R6 would be $5.91, $9.82, $4.55, $4.34 and $4.14, respectively. |
***** | Excluding liquidity provider expenses, your actual cost of investment in Class A, Class C, Class Y, Class Z, Institutional Class and Class R6 would be $6.82, $10.48, $5.25, $6.88, $4.71 and $4.35, respectively, and your hypothetical cost of investment in Class A, Class C, Class Y, Class Z, Institutional Class and Class R6 would be $5.70, $8.77, $4.39, $5.76, $3.94 and $3.64, respectively. |
****** | Excluding liquidity provider expenses, your actual cost of investment in Class A, Class C, Class Y and Institutional Class would be $7.45, $11.47, $6.10 and $5.29, respectively, and your hypothetical cost of investment in Class A, Class C, Class Y and Institutional Class would be $6.96, $10.73, $5.70 and $4.95, respectively. |
(b) | Not applicable. |
Item 2. Code of Ethics.
Not applicable.
Item 3. Audit Committee Financial Expert.
Not applicable.
Item 4. Principal Accountant Fees and Services.
Not applicable.
Item 5. Audit Committee of Listed Registrants.
Not applicable.
Item 6. Investments.
(a) | Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting period is included as part of the report to shareholders filed under Item 1(a) of this form. |
(b) | Not applicable. |
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 10. Submission of Matters to a Vote of Security Holders.
There have been no material changes to the procedures by which the shareholders may recommend nominees to the registrant’s board of trustees, where those changes were implemented after the registrant last provided disclosure in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K (17 CFR 229.407) (as required by Item 22(b)(15) of Schedule 14A (17 CFR 240.14a-101)), or this Item.
Item 11. Controls and Procedures.
(a) | The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)). |
(b) | There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d))) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.
Item 13. Exhibits.
(a)(1) | Not applicable. |
(a)(2) | Certifications pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto. |
(a)(2)(1) | Not applicable. |
(a)(2)(2) | Not applicable. |
(b) | Certifications pursuant to Rule 30a-2(b) under the 1940 Act and Section 906 of the Sarbanes- Oxley Act of 2002 are attached hereto. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) | Touchstone Funds Group Trust | |||
By (Signature and Title)* | /s/ E. Blake Moore, Jr. | |||
E. Blake Moore, Jr., President | ||||
(principal executive officer) | ||||
Date: | June 3, 2024 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title)* | /s/ E. Blake Moore, Jr. | |||
E. Blake Moore, Jr., President | ||||
(principal executive officer) | ||||
Date: | June 3, 2024 | |||
By (Signature and Title)* | /s/ Terrie A. Wiedenheft | |||
Terrie A. Wiedenheft, Controller and Treasurer | ||||
(principal financial officer) | ||||
Date: | June 3, 2024 |
* Print the name and title of each signing officer under his or her signature
Exhibit 99.CERT
Certification Pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act
I, E. Blake Moore, Jr., certify that:
1. | I have reviewed this report on Form N-CSR of Touchstone Funds Group Trust; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; |
4. | The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
(a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
(b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, 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; |
(c) | Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and |
(d) | Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and |
5. | The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): |
(a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and |
(b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. |
Date: | June 3, 2024 | /s/ E. Blake Moore, Jr. | |
E. Blake Moore, Jr., President | |||
(principal executive officer) |
Certification Pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act
I, Terrie A. Wiedenheft, certify that:
1. | I have reviewed this report on Form N-CSR of Touchstone Funds Group Trust; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; |
4. | The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: |
(a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
(b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, 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; |
(c) | Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and |
(d) | Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and |
5. | The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): |
(a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and |
(b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. |
Date: | June 3, 2024 | /s/ Terrie A. Wiedenheft | |
Terrie A. Wiedenheft, Controller and Treasurer | |||
(principal financial officer) |
Exhibit 99.906CERT
Certification Pursuant to Rule 30a-2(b) under the 1940 Act and Section 906 of the Sarbanes-Oxley Act
I, E. Blake Moore, Jr., President of Touchstone Funds Group Trust (the “Registrant”), certify that:
1. | The Form N-CSR of the Registrant (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and |
2. | The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant. |
Date: | June 3, 2024 | /s/ E. Blake Moore, Jr. | |
E. Blake Moore, Jr., President | |||
(principal executive officer) |
I, Terrie A. Wiedenheft, Controller and Treasurer of Touchstone Funds Group Trust (the “Registrant”), certify that:
1. | The Form N-CSR of the Registrant (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and |
2. | The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant. |
Date: | June 3, 2024 | /s/ Terrie A. Wiedenheft | |
Terrie A. Wiedenheft, Controller and Treasurer | |||
(principal financial officer) |