Touchstone High Yield Institutional (THIYX)
| Fund Assets | 107.30M |
| Expense Ratio | 0.73% |
| Min. Investment | $500,000 |
| Turnover | 89.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 6.31% |
| Dividend Growth | 4.87% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 30, 2025 |
| Previous Close | 7.77 |
| YTD Return | 3.44% |
| 1-Year Return | 3.97% |
| 5-Year Return | 21.71% |
| 52-Week Low | 7.44 |
| 52-Week High | 7.85 |
| Beta (5Y) | n/a |
| Holdings | 157 |
| 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 3.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.14%.
Top 10 Holdings
14.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Government Cash Management Fund | DGCXX | 2.56% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.25% | CHTR.4.25 02.01.31 144A | 1.65% |
| CQP Holdco LP & Bip-V Chinook Holdco LLC 5.5% | BLKCQP.5.5 06.15.31 | 1.59% |
| The Allstate Corporation 7.41099% | ALL.V0 08.15.53 B | 1.49% |
| Energy Transfer LP 3.98525% | ET.F 11.01.66 * | 1.41% |
| Goodyear Tire & Rubber Co. The 5.625% | GT.5.625 04.30.33 | 1.20% |
| Air Lease Corporation 4.65% | AL.V4.65 PERP B | 1.18% |
| Turning Point Brands Inc 7.625% | TPB.7.625 03.15.32 144A | 1.16% |
| AHP Health Partners Inc. 5.75% | ARDT.5.75 07.15.29 144A | 1.14% |
| Carriage Services, Inc. 4.25% | CSV.4.25 05.15.29 144A | 1.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 30, 2025 | $0.04422 | Oct 30, 2025 |
| Sep 29, 2025 | $0.04061 | Sep 29, 2025 |
| Aug 28, 2025 | $0.04134 | Aug 28, 2025 |
| Jul 30, 2025 | $0.04132 | Jul 30, 2025 |
| Jun 27, 2025 | $0.03827 | Jun 27, 2025 |
| May 29, 2025 | $0.04096 | May 29, 2025 |