Touchstone High Yield Fund Class Institutional (THIYX)
| Fund Assets | 108.57M |
| Expense Ratio | 0.73% |
| Min. Investment | $500,000 |
| Turnover | 47.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 6.28% |
| Dividend Growth | 5.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 29, 2026 |
| Previous Close | 7.82 |
| YTD Return | 0.78% |
| 1-Year Return | 7.35% |
| 5-Year Return | 22.05% |
| 52-Week Low | 7.06 |
| 52-Week High | 7.83 |
| Beta (5Y) | n/a |
| Holdings | 156 |
| Inception Date | Jan 27, 2012 |
About THIYX
Touchstone High Yield Fund Institutional Class is an actively managed open‑end mutual fund focused on **below‑investment‑grade U.S. corporate bonds**. Its primary objective is to deliver high current income by investing across the high yield spectrum, balancing credit-driven opportunities with rigorous risk controls. The strategy typically emphasizes diversified exposure to **BB and B-rated issuers**, while tactically allocating to **CCC** credits when compensated for default risk, and may use sector and security selection to manage credit cycle dynamics. The fund commonly spans cyclical industries such as **energy, communications, consumer discretionary, and healthcare**, aiming to capture spread premia while mitigating concentration risk through issuer and industry limits. Duration and yield curve positioning are managed to reduce interest-rate sensitivity relative to investment-grade peers, keeping performance primarily tied to **credit spreads**. Within the fixed income market, Touchstone High Yield Fund Institutional Class serves as a **core high yield allocation** for investors seeking income and diversification from equities and higher‑quality bonds, with a mandate that adapts to changing liquidity, default, and recovery conditions in the speculative‑grade market.
Performance
THIYX had a total return of 7.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.93%.
Top 10 Holdings
13.51% of assets| Name | Symbol | Weight |
|---|---|---|
| CQP Holdco LP & Bip-V Chinook Holdco LLC 5.5% | BLKCQP.5.5 06.15.31 | 1.57% |
| Carnival Corporation 5.875% | CCL.5.875 06.15.31 144A | 1.50% |
| The Allstate Corporation 7.05142% | ALL.V0 08.15.53 B | 1.47% |
| Dreyfus Government Cash Management Fund | DGCXX | 1.45% |
| Energy Transfer LP 3.66078% | ET.F 11.01.66 * | 1.40% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.25% | CHTR.4.25 02.01.31 144A | 1.38% |
| Voyager Parent LLC 9.25% | EVRI.9.25 07.01.32 144A | 1.20% |
| Goodyear Tire & Rubber Co. The 5.625% | GT.5.625 04.30.33 | 1.20% |
| Magic MergeCo Inc 7.875% | MIK.7.875 05.01.29 144A | 1.17% |
| Air Lease Corporation 4.65% | AL.V4.65 PERP B | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 29, 2026 | $0.04106 | Jan 29, 2026 |
| Dec 30, 2025 | $0.04174 | Dec 30, 2025 |
| Nov 26, 2025 | $0.03977 | Nov 26, 2025 |
| Oct 30, 2025 | $0.04422 | Oct 30, 2025 |
| Sep 29, 2025 | $0.04061 | Sep 29, 2025 |
| Aug 28, 2025 | $0.04134 | Aug 28, 2025 |