The Fund seeks a high level of income consistent with reasonable risk by investing primarily in income producing securities.
*Correlation is a statistical measure of how two securities move in relation to each other.
|Portfolio Turnover Rate1||44%|
|Total Annual Fund Operating Expense Ratio2||1.35%|
|Net Annual Fund Operating Expense Ratio2||1.09%|
|Total Net Assets as of 12/31/2014||$27,985,720|
|Fiscal Year End||March 31st|
|Benchmark||Barclays U.S. Aggregate Bond Index3|
1 Annualized as of 3/31/2014
2 Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit annual fund operating expenses (excluding Acquired Fund Fees and Expenses "AFFE") to 1.09% for Class A Shares, 1.84% for Class C Shares, 0.84% for Class Y Shares and 0.74% for Class INST Shares. These expense limitations will remain in effect until at least 07/29/15.
3 The Barclays U.S. Aggregate Bond Index is an unmanaged index comprised of U.S. investment grade, fixed rate bond market securities, including government, government agency, corporate and mortgage-backed securities between one and ten years.
Please consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus and the summary prospectus contain this and other information about the Fund. To obtain a prospectus or a summary prospectus, contact your financial advisor or download and/or request one at TouchstoneInvestments.com/literature-center or call Touchstone at 800.638.8194. Please read the prospectus and/or summary prospectus carefully before investing.
Investment return and principal value of an investment in a Fund will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost.