TSDAX

About TSDAX

Touchstone Ultra Short Duration Fixed Income Fund Class A is an open‑end mutual fund focused on preserving capital while delivering a modest total return through a portfolio of very short‑maturity bonds. It operates within the ultrashort bond category, emphasizing investment‑grade fixed income with durations typically under one year to reduce interest‑rate sensitivity. The fund invests broadly across securitized assets and corporate and government holdings, maintaining a diversified mix designed to limit volatility relative to core bond funds. Its approach targets cash‑management needs with monthly income distributions, seeking a balance between liquidity and yield. Key characteristics include a short effective duration profile, a distribution yield consistent with ultrashort strategies, and active management that positions the portfolio across asset‑backed and corporate credit while keeping rate exposure constrained. Established to offer a low‑duration fixed‑income solution, the fund serves investors looking for incremental income over cash alternatives and a conservative complement to longer‑duration bond allocations in changing rate environments.