Touchstone Ultra Short Duration Fixed Income Fund Class C (TSDCX)

Fund Assets	1.15B
Expense Ratio	1.105%
Min. Investment	$2,500
Turnover	80.00%
Dividend (ttm)	0.33
Dividend Yield	3.60%
Dividend Growth	-15.93%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 29, 2026

Previous Close	9.21
YTD Return	1.91%
1-Year Return	2.94%
5-Year Return	15.81%
52-Week Low	9.21
52-Week High	9.25
Beta (5Y)	0.06
Holdings	268
Inception Date	Apr 16, 2012

About TSDCX

Touchstone Ultra Short Duration Fixed Income Fund Class C is an open-end mutual fund focused on preserving capital while seeking total return through a diversified, ultra-short bond portfolio. The strategy concentrates on investment‑grade U.S. fixed-income securities with an effective duration kept well below one year, positioning the fund to maintain limited interest rate sensitivity. According to third-party fund data, the portfolio spans U.S. Treasury and agency obligations, corporate bonds, and securitized assets such as mortgage‑backed, commercial mortgage‑backed, and asset‑backed securities, reflecting a broad approach to short‑maturity credit markets. The fund is categorized in the Ultrashort Bond peer group and typically emphasizes high credit quality within tight duration constraints, aiming to provide incremental income over cash while mitigating volatility. Class C shares offer access with a lower minimum initial investment than institutional share classes, paired with a higher ongoing expense structure characteristic of this share class format. Its role in the market is to serve as a cash‑management and liquidity sleeve, potentially smoothing portfolio cash flows and offering diversification across high‑quality short‑term fixed-income sectors.

• Fund Family: Touchstone
• Category: Ultra-Short Oblig
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: TSDCX
• Share Class: Class C
• Index: ICE BofA US 3-Month T Bill TR IX

Performance

TSDCX had a total return of 2.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.40%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
TSDIX	Institutional Class	0.35%
TSYYX	Class Y	0.40%
TSDAX	Class A	0.65%
TSDOX	Class Z	0.65%

Top 10 Holdings

18.51% of assets

Name	Symbol	Weight
BNY Dreyfus Govt Cash Mgmt Instl	DGCXX	5.08%
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2013-A - SDART 2025-4 A3	SDART	1.91%
BERRY GLOBAL INC - AMCR 1.65 01/15/27	AMCR	1.67%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - T 3.375 02/29/28	T	1.56%
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2025-2 - WLAKE 2025-2A C	WLAKE	1.46%
BANK 2017-BNK6 AS	BANK	1.45%
MORGAN STANLEY CAPITAL I TRUST 2017-H1 - MSC 2017-H1 AS	MSC	1.40%
BANK OF AMERICA MERRILL LYNCH COMMERCIAL MORTGAGE TRUST 2017-BNK3 - BACM 2017-BNK3 AS	BACM	1.35%
VEGAS TRUST 2024-TI - VEGAS 2024-TI A	VEGAS	1.32%
ONEMAIN FINANCIAL ISSUANCE TRUST 2019-2 - OMFIT 2019-2A A	OMFIT	1.32%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.02577	Sep 29, 2026
Aug 31, 2026	$0.02605	Aug 31, 2026
Jul 31, 2026	$0.02601	Jul 31, 2026
Jun 30, 2026	$0.0251	Jun 30, 2026
May 29, 2026	$0.02534	May 29, 2026
Apr 30, 2026	$0.02481	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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