Morningstar

Touchstone Active Bond Institutional TOBIX

Morningstar Medalist Rating
Medalist Rating as of | See Touchstone Investments Investment Hub
  • NAV / 1-Day Return 9.66  /  −0.21 %
  • Total Assets 262.8 Mil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 4.02%
  • Effective Duration 6.12 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis TOBIX

Will TOBIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TOBIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TOBIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of TOBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Touchstone Active Bond Institutional’s management team is rated Average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

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Portfolio Holdings TOBIX

More TOBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.625%

4.31 10.7 Mil
Government

United States Treasury Notes 4.375%

4.17 10.4 Mil
Government

United States Treasury Notes 4%

3.62 9.0 Mil
Government

United States Treasury Notes 4%

3.10 7.7 Mil
Government

United States Treasury Notes 4.375%

1.91 4.8 Mil
Government

United States Treasury Notes 4.875%

1.84 4.6 Mil
Government

United States Treasury Bonds 4.75%

1.48 3.7 Mil
Government

Dreyfus Government Cash Mgmt Instl

1.36 3.4 Mil
Cash and Equivalents

United States Treasury Notes 3.375%

1.08 2.7 Mil
Government

Wells Fargo Commercial Mortgage Trust 2019-C53 3.04%

0.86 2.1 Mil
Securitized

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