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Touchstone Funds Group Trust - Touchstone Credit Opportunities Fund (TMAYX)

9.07 -0.03 (-0.33%)
As of 8:05 AM EDT. Market Open.

Fund Summary

The fund invests, under normal circumstances, at least 80% of its assets (including the amount of borrowings for investment purposes) in U.S. and non-U.S. debt instruments. The fund seeks to achieve its investment goal by investing in a wide array of debt securities or other debt instruments. The fund is non-diversified.

Touchstone Funds Group Trust - Touchstone Credit Opportunities Fund

Cincinnati, OH 45202
303 Broadway, Suite 1100

Fund Overview

Category High Yield Bond
Fund Family Touchstone
Net Assets 481.52M
YTD Return 1.67%
Yield 8.10%
Morningstar Rating
Inception Date Aug 31, 2015

Fund Operations

Last Dividend 0.18
Last Cap Gain -31.00
Holdings Turnover 54.00%
Average for Category --

Fees & Expenses

Expense TMAYX Category Average
Annual Report Expense Ratio (net) 0.78% 0.95%
Prospectus Net Expense Ratio 0.78% --
Prospectus Gross Expense Ratio 1.22% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 3.88%
Max Deferred Sales Load -- 1.28%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Mr. Mathewson is a Managing Director and Portfolio Manager of U.S. Liquid Credit in the Ares Credit Group, where he is primarily responsible for managing Ares’ U.S. high yield credit strategies. Additionally, he serves as a member of the Ares Credit Group’s U.S. Liquid Credit Investment Committee. Prior to joining Ares in 2006, Mr. Mathewson was an Analyst in the Communications and Media Investment Banking Group at Lehman Brothers, where he focused on creating financial models, performing valuation analysis and conducting due diligence. Mr. Mathewson holds a B.A. from Dartmouth College in Economics.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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