TOHAX

About TOHAX

Touchstone Core Municipal Bond Fund Class A is an open‑end mutual fund focused on U.S. municipal fixed income. Its primary objective is to deliver a high level of current income that is exempt from federal income taxes while maintaining capital preservation. The portfolio centers on investment‑grade municipal securities across general obligation, revenue, and related tax‑exempt issues, diversified by state and sector within the national intermediate muni category. The fund’s duration positioning typically aligns with intermediate municipal benchmarks, targeting a balance between income generation and interest‑rate sensitivity. Managed with disciplined credit research and broad diversification, it spreads holdings across numerous issuers and project types—such as healthcare, utilities, education, and essential public infrastructure—to help moderate idiosyncratic risk. Within the broader market, the fund serves as a core tax‑exempt bond allocation for investors seeking federally tax‑advantaged income and municipal market exposure, complementing taxable core bond strategies and offering potential diversification benefits relative to corporate and Treasury debt. According to third‑party profiles, the strategy emphasizes quality and capital protection consistent with its income objective.