About TCPNX
Touchstone US Quality Bond Fund Institutional Class is an actively managed mutual fund designed to provide current income, with capital appreciation as a secondary goal. The fund primarily invests in a diversified portfolio of high-quality, investment-grade bonds, focusing on U.S. government, agency, and corporate securities. Its holdings are diversified across sectors such as government bonds, securitized assets (including mortgage-backed and Small Business Administration loans), and high-quality corporate debt, reflecting a strategy aimed at balancing credit quality with income generation. The fund falls within the intermediate core bond category, featuring moderate sensitivity to interest rate changes and a high overall credit quality profile. It is managed for institutional investors, offering competitive expense ratios and requiring a substantial minimum initial investment. The fund's role in the financial market centers on serving as a core fixed-income holding, providing investors with access to a broad mix of U.S. fixed-income securities while seeking stable income and managing risk relative to prevailing market conditions.
Fund Family Touchstone
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol TCPNX
Share Class Institutional
Index Bloomberg U.S. Aggregate Bond TR
TCPNX had a total return of 4.30% in the past year, including dividends.
Since the fund's inception, the average annual return has been 2.15%.
