Touchstone Flexible Income Fund Institutional Class (TFSLX)
| Fund Assets | 1.71B |
| Expense Ratio | 0.86% |
| Min. Investment | $500,000 |
| Turnover | 52.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 3.84% |
| Dividend Growth | 15.41% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 30, 2025 |
| Previous Close | 10.34 |
| YTD Return | 3.06% |
| 1-Year Return | 3.42% |
| 5-Year Return | 15.50% |
| 52-Week Low | 10.15 |
| 52-Week High | 10.59 |
| Beta (5Y) | 0.18 |
| Holdings | 339 |
| Inception Date | Sep 10, 2012 |
About TFSLX
Touchstone Flexible Income Fund Institutional Class is a multisector bond mutual fund designed to provide investors with a high level of income, while seeking capital appreciation as a secondary objective. The fund achieves its purpose by maintaining a flexible investment mandate that allows it to allocate assets across a broad spectrum of fixed income securities—including investment grade and high yield corporate bonds, government debt, and cash equivalents. This adaptable strategy enables the fund to adjust to evolving market conditions and seek opportunities across varying credit qualities and sectors. Notable holdings commonly include U.S. Treasury bonds, corporate bonds from major financial institutions, and cash management instruments. The fund’s significance in the market stems from its role in offering institutional investors diversified exposure to global fixed income markets, with a particular focus on income generation. With over $1.7 billion in total assets, an effective duration of just over four years, and a current yield above 4%, the Touchstone Flexible Income Fund serves as a core fixed income solution for investors seeking a blend of income and diversification within their portfolios.
Performance
TFSLX had a total return of 3.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.73%.
Top 10 Holdings
26.55% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bonds 4.125% | T.4.125 08.15.53 | 6.39% |
| Dreyfus Government Cash Management Fund | DGCXX | 6.12% |
| United States Treasury Bonds 1.625% | T.1.625 11.15.50 | 2.37% |
| BP Capital Markets PLC 4.875% | BPLN.V4.875 PERP | 1.93% |
| Bank of America Corp. 5.08% | BAC.V5.08 01.20.27 | 1.91% |
| United States Treasury Bonds 1.375% | T.1.375 08.15.50 | 1.75% |
| United States Treasury Bonds 1.25% | T.1.25 05.15.50 | 1.70% |
| Sempra 4.875% | SRE.V4.875 PERP | 1.52% |
| JPMorgan Chase & Co. 1.578% | JPM.V1.578 04.22.27 | 1.45% |
| Bank of America Corp. 1.197% | BAC.V1.197 10.24.26 MTN | 1.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 30, 2025 | $0.04683 | Jul 30, 2025 |
| Jun 27, 2025 | $0.03904 | Jun 27, 2025 |
| May 29, 2025 | $0.0449 | May 29, 2025 |
| Apr 29, 2025 | $0.03571 | Apr 29, 2025 |
| Mar 28, 2025 | $0.05318 | Mar 28, 2025 |
| Feb 27, 2025 | $0.0381 | Feb 27, 2025 |