Touchstone Active Bond Fund Class A is an open-end mutual fund focused on delivering a high level of current income while maintaining the preservation of capital as a primary objective. The fund invests primarily in a diversified portfolio of investment-grade bonds, typically maintaining an average effective maturity between five and fifteen years. Its portfolio includes a broad array of U.S. government securities, such as Treasury notes and bonds, as well as other high-quality fixed income assets, helping to diversify interest rate and credit exposure. Classified in the intermediate core-plus bond category, the fund may also incorporate selective holdings in non-core sectors for additional yield opportunities. Established in 1994, the fund has developed a meaningful presence in the fixed income market, managing assets over $250 million. Notable attributes include a monthly dividend payout structure and a moderate interest rate sensitivity, with an effective duration around six years. While capital appreciation is a secondary goal, the fund consistently seeks to balance income generation with risk management, catering primarily to investors seeking stable income streams from their fixed income allocation.
Based on technical indicators and chart patterns, TOBAX shows...
Market sentiment analysis indicates...