About TARBX
Touchstone Ares Credit Opportunities Fund Institutional Class is a mutual fund in the high yield bond category designed to deliver total return, primarily through income and capital appreciation. It invests at least 80% of its assets in a diversified portfolio of debt securities, including high-income U.S. bonds rated BB or below, bank loans, collateralized loan obligations, and opportunistic investments like distressed securities and equities. Managed with flexibility, the fund allocates across core and opportunistic strategies, actively hedging risks such as credit, interest rate, and currency to preserve capital while targeting attractive relative values based on fundamental credit analysis. Key features include an effective duration of approximately 3 years, low interest rate sensitivity, and a credit quality profile dominated by BB/Ba (38%) and B ratings (35%), with exposure to sectors like telecom, healthcare, and media, primarily in the United States (84%). With total assets around $518 million, a net expense ratio of 0.67-0.78%, and a TTM yield of 8.35%, it plays a significant role in providing income-oriented fixed income exposure with potential for enhanced returns in high yield markets.
Fund Family Touchstone
Category High Yield Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol TARBX
Share Class Institutional Class
Index ICE BofA US High Yield Constrained TR
TARBX had a total return of 3.97% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.10%.
