Touchstone Active Bond Fund
Sub-Advised by: Fort Washington Investment Advisors Inc.

Portfolio Characteristics as of 3/31/2018
Weighted Average Effective Duration16.1 Years
Weighted Average Effective Maturity28.3 Years
Number of Holdings ^270

^ Total number of holdings includes cash equivalents

1 Average effective duration measures a bond's sensitivity to interest rates, by indicating the approximate percentage of change in the portfolio's price given a 1% change in interest rates.

2 Average effective maturity is the average time remaining until scheduled principal prepayment by issuers of portfolio securities, accounting for potential cash-flow changes.

Credit Quality as of 3/31/2018(% of Portfolio)
AAA/Aaa61.2
AA/Aa4.0
A/A9.8
BBB/Baa19.8
BB/Ba1.3
B/B0.1
CCC0.2
Not Rated3.1
Cash Equivalents0.5
Sector Allocation as of 3/31/2018(% of Portfolio)
Investment Grade Corp. Credit37.3
U.S. Agency MBS/CMO28.4
U.S. Treasury26.8
Asset Backed Securities3.1
CMBS2.0
High Yield Corporate Credit1.5
Cash Equivalents0.5
Miscellaneous0.4
Full Holdings as of 3/31/2018
Security DescriptionCountryCoupon Rate (%)Maturity DateShares Par
Value
Current
Price ($)
Market
Value ($)
% of
Portfolio
280 PARK AVENUE MORTGAGE TRUST 2.47% 09/15/2034US2.47009/15/2034472,000100.39473,8500.12
ABBOTT LABS 3.75% 11/30/2026US3.75011/30/2026715,00099.46711,1730.18
ABBVIE INC 4.45% 05/14/2046US4.45005/14/20461,162,00099.451,155,5760.29
ACE INA HOLDINGS 4.35% 11/03/2045US4.35011/03/2045710,000106.48755,9960.19
ACTAVIS FUNDING 3.80% 03/15/2025LU3.80003/15/2025795,00098.24780,9950.20
ACTIVISION BLIZZ 6.13% 09/15/2023US6.13009/15/20231,289,000104.601,348,3040.34
ADJUSTABLE RATE MORTGAGE TRUST 3.54% 03/25/2035US3.54003/25/20353,64998.253,5850.00
AGATE BAY MORTGAGE LOAN TRUST 3.76% 10/25/2045US3.76010/25/20452,181,504100.482,191,8900.56
ALBERTA PROVINCE 2.20% 07/26/2022CA2.20007/26/20221,135,00097.041,101,3780.28
ALLERGAN SALES 5.00% 12/15/2021US5.00012/15/20211,030,000104.391,075,1720.27
AMAZON.COM INC 2.80% 08/22/2024US2.80008/22/20241,114,00097.031,080,9190.27
AMERICAN EXPRESS 3.00% 10/30/2024US3.00010/30/20241,388,00096.021,332,6970.34
ANHEUSER-BUSCH 4.90% 02/01/2046US4.90002/01/20461,391,000107.851,500,2090.38
APPLE INC 2.75% 01/13/2025US2.75001/13/20251,750,00096.251,684,2910.43
APPLE INC 4.65% 02/23/2046US4.65002/23/20461,303,000110.121,434,8580.36
APTIV PLC 3.15% 11/19/2020GB3.15011/19/20201,286,00099.821,283,6480.33
ARC PROPERTIES 4.60% 02/06/2024US4.60002/06/20241,428,000101.291,446,4360.37
ASCENTIUM EQUIPMENT RECEIVABLE 2.85% 07/10/2020US2.85007/10/2020475,000100.07475,3480.12
AT&T INC 3.90% 08/14/2027US3.90008/14/2027691,000100.69695,7570.18
AT&T INC 3.95% 01/15/2025US3.95001/15/2025460,00099.94459,7140.12
AT&T INC 4.35% 06/15/2045US4.35006/15/2045275,00091.38251,3030.06
AT&T INC 4.50% 05/15/2035US4.50005/15/2035865,00098.22849,5630.22
AUTONATION INC 5.50% 02/01/2020US5.50002/01/20201,110,000104.091,155,4300.29
AVALONBAY COMMUN 3.20% 01/15/2028US3.20001/15/20281,188,00094.671,124,6320.28
BAHIA SUL HLDGS 5.75% 07/14/2026AT5.75007/14/20261,481,000105.011,555,1980.39
BANK NOVA SCOTIA 2.23% 09/19/2022CA2.23009/19/2022535,000100.18535,9620.14
BANK OF AMER CRP 3.71% 04/24/2028US3.71004/24/20281,094,00098.331,075,7410.27
BANK OF AMER CRP 4.00% 01/22/2025US4.00001/22/20251,660,00099.801,656,7340.42
BANK OF MONTREAL 3.80% 12/15/2032CA3.80012/15/20321,470,00094.741,392,6340.35
BANK OF NY MELLO 2.95% 01/29/2023US2.95001/29/20231,498,00098.741,479,1780.37
BARCLAYS PLC 3.25% 01/12/2021GB3.25001/12/2021945,00099.28938,1980.24
BARCLAYS PLC 3.25% 01/12/2021GB3.25001/12/2021370,00099.28367,3370.09
BERMUDA-GOVT OF 3.72% 01/25/2027BM3.72001/25/2027253,00097.50246,6750.06
BOARDWALK PIPELI 4.45% 07/15/2027US4.45007/15/2027882,00097.22857,4980.22
BOSTON PROP LP 3.20% 01/15/2025US3.20001/15/20251,540,00096.531,486,5730.38
BRASKEM AMERICA 7.13% 07/22/2041US7.13007/22/2041785,000116.41913,7790.23
BURLINGTON NORTH 5.75% 05/01/2040US5.75005/01/20401,290,000122.971,586,3550.40
CARE CAPITAL 5.13% 08/15/2026US5.13008/15/2026803,00096.40774,1210.20
CATHOLIC HEALTH 4.20% 08/01/2023US4.20008/01/2023380,000102.99391,3510.10
CELGENE CORP 5.00% 08/15/2045US5.00008/15/2045952,000104.18991,8030.25
CENOVUS ENERGY 4.25% 04/15/2027CA4.25004/15/2027993,00097.47967,9210.25
CHARTER COMM OPT 6.48% 10/23/2045US6.48010/23/20451,159,000109.771,272,2180.32
CIT GROUP HOME EQUITY LOAN TRU 7.21% 02/25/2033US7.21002/25/20333,191103.083,2890.00
CITIGROUP INC 3.30% 04/27/2025US3.30004/27/20251,015,00097.07985,2790.25
CITIGROUP INC 4.75% 05/18/2046US4.75005/18/2046617,000101.61626,9600.16
COLOMBIA REP OF 5.00% 06/15/2045CO5.00006/15/2045844,000101.38855,6050.22
COMCAST CORP 2.85% 01/15/2023US2.85001/15/20231,137,00097.871,112,8320.28
COMCAST CORP 4.00% 03/01/2048US4.00003/01/2048814,00094.64770,3890.20
CONCHO RES/MIDLA 3.75% 10/01/2027US3.75010/01/2027836,00097.78817,4320.21
COUNTRYWIDE ALTERNATIVE LOAN T 5.00% 02/25/2020US5.00002/25/2020179,66698.00176,0800.04
COUNTRYWIDE ALTERNATIVE LOAN T 6.50% 09/25/2034US6.50009/25/20347,391101.037,4670.00
COUNTRYWIDE ASSET-BACKED CERTI 6.02% 11/25/2036US6.02011/25/2036363,71199.79362,9580.09
CRED SUIS NY 3.63% 09/09/2024CH3.63009/09/2024865,00099.69862,2810.22
CREDIT SUISSE FIRST BOSTON MOR 5.25% 10/25/2019US5.25010/25/201937,350100.7837,6410.01
CREDIT SUISSE MORTGAGE TRUST 3.87% 12/25/2044US3.87012/25/20442,220,52999.152,201,6530.56
CREDIT SUISSE MORTGAGE TRUST 3.94% 01/25/2045US3.94001/25/20452,180,42797.182,118,8860.54
CROWN CASTLE INT 3.65% 09/01/2027US3.65009/01/20271,296,00095.281,234,8660.31
CVS HEALTH CORP 4.30% 03/25/2028US4.30003/25/20281,630,000100.431,636,9450.41
CVS HEALTH CORP 5.13% 07/20/2045US5.13007/20/2045735,000106.07779,5950.20
DBUBS MORTGAGE TRUST 3.53% 10/10/2034US3.53010/10/2034580,00098.96573,9510.15
DIAMOND 1 FIN/DI 6.02% 06/15/2026US6.02006/15/2026796,000107.69857,2290.22
DIGITAL REALTY 2.75% 02/01/2023US2.75002/01/2023832,00096.01798,8080.20
DOMINION RES 2.00% 08/15/2021US2.00008/15/20211,225,00095.501,169,8400.30
DREYFUS-GOV C-INUS -- -- 1,105,8691.001,105,8690.28
DUKE ENERGY PROG 4.15% 12/01/2044US4.15012/01/2044700,000102.67718,6810.18
EAGLE MATERIALS 4.50% 08/01/2026US4.50008/01/20261,420,000101.101,435,6200.36
ELARA HGV TIMESHARE ISSUER 2.69% 03/25/2030US2.69003/25/2030499,97698.32491,5800.12
ENTERGY LA LLCUS -- -- 6,87124.10165,5910.04
EOG RESOURCES IN 3.90% 04/01/2035US3.90004/01/2035795,00098.12780,0150.20
EXPRESS SCRIPTS 3.30% 02/25/2021US3.30002/25/20211,016,00099.821,014,1520.26
FANNIE MAE 2.50% 02/01/2032US2.50002/01/20324,467,62898.044,379,9091.11
FANNIE MAE 3.00% 02/01/2043US3.00002/01/20433,724,79498.463,667,3980.93
FANNIE MAE 3.00% 05/25/2022US3.00005/25/20222,723,5984.55123,8020.03
FANNIE MAE 3.00% 06/25/2045US3.00006/25/2045109,86398.82108,5710.03
FANNIE MAE 3.00% 11/25/2047US3.00011/25/20471,055,61499.291,048,1450.27
FANNIE MAE 3.00% 12/01/2042US3.00012/01/20424,142,37598.464,078,4581.03
FANNIE MAE 3.37% 08/01/2034US3.37008/01/20345,224104.875,4780.00
FANNIE MAE 3.50% 02/01/2026US3.50002/01/2026484,701102.11494,9170.13
FANNIE MAE 3.50% 02/01/2037US3.50002/01/20371,076,212101.671,094,2300.28
FANNIE MAE 3.50% 05/01/2046US3.50005/01/20469,316,255100.329,346,3482.37
FANNIE MAE 3.50% 09/01/2044US3.50009/01/20445,765,494100.745,808,2291.47
FANNIE MAE 3.60% 10/01/2036US3.60010/01/20361,838105.231,9340.00
FANNIE MAE 4.00% 02/01/2026US4.00002/01/2026186,541104.24194,4550.05
FANNIE MAE 4.00% 02/01/2041US4.00002/01/2041713,818103.47738,5960.19
FANNIE MAE 4.00% 02/01/2041US4.00002/01/2041357,442103.48369,8780.09
FANNIE MAE 4.00% 03/01/2026US4.00003/01/2026344,052104.16358,3680.09
FANNIE MAE 4.00% 03/01/2041US4.00003/01/2041552,478103.80573,4750.15
FANNIE MAE 4.00% 07/01/2047US4.00007/01/20471,091,398102.751,121,3950.28
FANNIE MAE 4.00% 08/01/2046US4.00008/01/204673,637102.6975,6200.02
FANNIE MAE 4.00% 09/01/2040US4.00009/01/2040203,139103.37209,9940.05
FANNIE MAE 4.00% 10/01/2043US4.00010/01/20432,873,665103.522,974,6740.75
FANNIE MAE 4.00% 11/01/2040US4.00011/01/2040101,171103.48104,6870.03
FANNIE MAE 4.00% 12/01/2039US4.00012/01/20393,845,670103.353,974,4381.01
FANNIE MAE 4.50% 03/01/2025US4.50003/01/2025106,610104.27111,1630.03
FANNIE MAE 4.50% 04/01/2039US4.50004/01/2039434,095105.83459,4240.12
FANNIE MAE 4.50% 04/01/2039US4.50004/01/2039275,457105.86291,5980.07
FANNIE MAE 4.50% 09/01/2040US4.50009/01/2040630,251106.19669,2630.17
FANNIE MAE 4.50% 12/01/2040US4.50012/01/20403,071,440105.773,248,6940.82
FANNIE MAE 5.00% 01/01/2041US5.00001/01/2041333,162108.11360,1840.09
FANNIE MAE 5.00% 04/01/2041US5.00004/01/2041155,351108.01167,7990.04
FANNIE MAE 5.00% 06/01/2040US5.00006/01/2040134,576107.73144,9740.04
FANNIE MAE 5.00% 09/01/2040US5.00009/01/20405,236,882108.105,661,2441.43
FANNIE MAE 5.00% 10/01/2040US5.00010/01/204088,725107.4795,3490.02
FANNIE MAE 5.00% 11/01/2036US5.00011/01/2036829,552108.18897,4220.23
FANNIE MAE 5.50% 01/01/2037US5.50001/01/203788,549108.5696,1270.02
FANNIE MAE 5.50% 02/01/2025US5.50002/01/202580,563108.5687,4570.02
FANNIE MAE 5.50% 03/01/2035US5.50003/01/2035104,352109.03113,7800.03
FANNIE MAE 5.50% 07/01/2039US5.50007/01/20391,338,206108.091,446,4350.37
FANNIE MAE 5.50% 08/01/2037US5.50008/01/2037535,825111.91599,6450.15
FANNIE MAE 5.50% 10/01/2033US5.50010/01/2033111,432108.60121,0190.03
FANNIE MAE 5.50% 11/01/2036US5.50011/01/2036181,563108.56197,1010.05
FANNIE MAE 6.00% 01/01/2036US6.00001/01/2036200,646111.61223,9490.06
FANNIE MAE 6.00% 01/01/2038US6.00001/01/203898,320113.28111,3780.03
FANNIE MAE 6.00% 01/01/2038US6.00001/01/203845,228111.6650,5010.01
FANNIE MAE 6.00% 09/01/2024US6.00009/01/2024157,990111.12175,5590.04
FANNIE MAE 6.00% 09/01/2035US6.00009/01/2035143,908112.34161,6720.04
FANNIE MAE 6.00% 11/25/2032US6.00011/25/2032303,031109.85332,8840.08
FANNIE MAE 6.00% 12/01/2033US6.00012/01/203392,386106.2098,1110.02
FANNIE MAE 6.50% 06/01/2032US6.50006/01/203237,290111.6041,6150.01
FANNIE MAE 6.50% 07/01/2032US6.50007/01/203267,386111.6075,2020.02
FANNIE MAE 6.50% 07/01/2032US6.50007/01/203231,756111.6035,4390.01
FANNIE MAE 6.50% 08/01/2028US6.50008/01/20282,492111.602,7810.00
FANNIE MAE 6.50% 08/01/2036US6.50008/01/203612,162108.9613,2510.00
FANNIE MAE 7.00% 08/01/2032US7.00008/01/203236,317102.0137,0480.01
FANNIE MAE 7.00% 09/01/2036US7.00009/01/203636,946103.9838,4160.01
FANNIE MAE 7.50% 01/01/2031US7.50001/01/203120,119112.8422,7030.01
FANNIE MAE 7.50% 06/01/2028US7.50006/01/20289,613100.149,6270.00
FANNIE MAE 8.00% 05/01/2030US8.00005/01/20301115.4510.00
FANNIE MAE 8.00% 11/01/2024US8.00011/01/202415,182102.9215,6260.00
FANNIEMAE WHOLE LOAN 1.87% 08/25/2044US1.87008/25/2044115,24599.33114,4740.03
FANNIEMAE WHOLE LOAN 6.59% 10/25/2031US6.59010/25/203137,260105.8439,4380.01
FEDEX CORP 5.10% 01/15/2044US5.10001/15/2044930,000109.781,020,9240.26
FHLMC STRUCTURED PASS THROUGH 6.63% 12/25/2029US6.63012/25/2029190,490114.79218,6550.06
FIFTH THIRD BANK 2.88% 07/27/2020US2.88007/27/20201,065,00099.811,062,9300.27
FIRST FRANKLIN MTG LOAN ASSET 6.02% 03/25/2025US6.02003/25/2025300,011105.84317,5360.08
FORD MOTOR CO 4.75% 01/15/2043US4.75001/15/2043711,00091.19648,3760.16
FORTIS INC 3.06% 10/04/2026CA3.06010/04/20261,004,00092.67930,4560.24
FREDDIE MAC 3.00% 04/01/2045US3.00004/01/20456,328,07297.996,200,7401.57
FREDDIE MAC 3.28% 10/01/2036US3.28010/01/2036125,868104.65131,7190.03
FREDDIE MAC 3.50% 04/01/2045US3.50004/01/20456,836,818100.416,864,8611.74
FREDDIE MAC 3.50% 11/01/2025US3.50011/01/2025215,636102.13220,2320.06
FREDDIE MAC 3.68% 04/01/2037US3.68004/01/2037318,194105.19334,7220.08
FREDDIE MAC 3.78% 03/01/2037US3.78003/01/203719,992104.0120,7940.01
FREDDIE MAC 4.00% 10/01/2039US4.00010/01/20393,961,550103.464,098,7511.04
FREDDIE MAC 4.00% 10/01/2044US4.00010/01/20442,830,395102.892,912,2840.74
FREDDIE MAC 4.50% 01/01/2041US4.50001/01/2041139,134105.79147,1910.04
FREDDIE MAC 4.50% 04/01/2041US4.50004/01/2041711,750106.21755,9760.19
FREDDIE MAC 4.50% 06/01/2039US4.50006/01/20393,366,446105.473,550,6090.90
FREDDIE MAC 4.50% 09/01/2039US4.50009/01/20393,899,574105.544,115,6121.04
FREDDIE MAC 5.00% 04/01/2036US5.00004/01/203623,657107.8725,5180.01
FREDDIE MAC 5.00% 05/01/2034US5.00005/01/203412,646107.4813,5920.00
FREDDIE MAC 5.00% 05/15/2041US5.00005/15/20411,645,721106.801,757,5770.45
FREDDIE MAC 5.00% 07/01/2035US5.00007/01/203528,352107.5830,5000.01
FREDDIE MAC 5.00% 08/01/2033US5.00008/01/203320,192108.1321,8340.01
FREDDIE MAC 5.00% 08/01/2035US5.00008/01/203514,601107.5615,7050.00
FREDDIE MAC 5.00% 08/01/2035US5.00008/01/203582,673106.8388,3200.02
FREDDIE MAC 5.00% 11/01/2039US5.00011/01/2039379,102108.23410,2870.10
FREDDIE MAC 5.50% 02/01/2037US5.50002/01/203722,573109.6824,7590.01
FREDDIE MAC 5.50% 08/01/2037US5.50008/01/20376,795110.357,4990.00
FREDDIE MAC 6.00% 06/15/2037US6.00006/15/20375,748,858108.626,244,6261.58
FREDDIE MAC 6.00% 09/01/2033US6.00009/01/203359,407111.0765,9830.02
FREDDIE MAC 6.50% 07/01/2032US6.50007/01/203225,271112.7928,5030.01
FREDDIE MAC 7.00% 01/01/2032US7.00001/01/203219,634109.3921,4790.01
FREDDIE MAC 7.00% 06/01/2026US7.00006/01/202680,755106.4185,9310.02
GE CAPITAL INTL 4.42% 11/15/2035IE4.42011/15/20351,547,00097.761,512,2710.38
GEN MOTORS FIN 3.20% 07/06/2021US3.20007/06/2021925,00099.13916,9940.23
GEN MOTORS FIN 3.20% 07/13/2020US3.20007/13/20201,200,00099.731,196,7840.30
GNR 2012-147 IO 0.57% 04/16/2054US.57004/16/20548,149,8223.41277,6820.07
GNR 2016-113 IO 1.19% 02/16/2058US1.19002/16/20584,425,3818.75387,0770.10
GNR 2016-140 IO 0.94% 05/16/2058US.94005/16/205817,437,3737.651,333,2410.34
GOLDMAN SACHS GP 3.69% 06/05/2028US3.69006/05/2028790,00096.95765,8840.19
GOLDMAN SACHS GP 5.25% 07/27/2021US5.25007/27/20211,040,000105.911,101,4990.28
GOVERNMENT NATIONAL MORTGAGE A 4.00% 02/20/2042US4.00002/20/204232,471104.5433,9440.01
GOVERNMENT NATIONAL MORTGAGE A 4.00% 08/20/2047US4.00008/20/2047139,56196.89135,2270.03
GOVERNMENT NATIONAL MORTGAGE A 4.50% 12/20/2040US4.50012/20/20402,750,000104.482,873,1680.73
GOVERNMENT NATIONAL MORTGAGE A 5.00% 04/20/2039US5.00004/20/20391,890,670107.312,028,9460.51
GS MORTGAGE SECURITIES TRUST 3.54% 01/10/2043US3.54001/10/20433,400,00097.073,300,4610.84
GS MORTGAGE SECURITIES TRUST 3.77% 10/10/2032US3.77010/10/2032595,000100.54598,2180.15
HERTZ VEHICLE FINANCING LLC 2.65% 07/25/2022US2.65007/25/20223,350,00097.683,272,2900.83
HOME DEPOT INC 5.95% 04/01/2041US5.95004/01/2041960,000127.971,228,4750.31
HSBC HOLDINGS 3.90% 05/25/2026GB3.90005/25/20261,080,00099.801,077,7920.27
HUNTINGTON NATL 2.20% 11/06/2018US2.20011/06/2018950,00099.72947,3350.24
IMPERIAL BRANDS 4.25% 07/21/2025GB4.25007/21/20251,525,000101.511,548,0010.39
INTEGRYS HLDGUS -- -- 55,35926.251,453,1740.37
ISHARES IBOXX INVESTMENT GRAUS -- -- 295,918117.3934,737,8148.80
JOHNSON&JOHNSON 2.90% 01/15/2028US2.90001/15/20281,600,00096.111,537,7780.39
JP MORGAN CHASE COMMERCIAL MOR 2.85% 10/06/2038US2.85010/06/2038528,00093.28492,5320.12
JP MORGAN MORTGAGE TRUST 3.41% 06/25/2036US3.41006/25/203650,90894.8048,2630.01
JP MORGAN MORTGAGE TRUST 3.49% 02/25/2035US3.49002/25/203588,281101.7189,7940.02
JP MORGAN MORTGAGE TRUST 3.68% 04/25/2035US3.68004/25/2035219,022101.17221,5780.06
JPMORGAN CHASE 3.25% 09/23/2022US3.25009/23/2022805,00099.70802,6170.20
JPMORGAN CHASE 3.51% 01/23/2029US3.51001/23/20291,575,00097.071,528,8550.39
KRAFT FOODS GROU 6.88% 01/26/2039US6.88001/26/2039810,000123.45999,9670.25
KROGER CO 5.00% 04/15/2042US5.00004/15/2042435,000101.04439,5360.11
MADISON AVENUE TRUST 3.55% 09/10/2035US3.55009/10/2035550,00097.79537,8520.14
MASTR ALTERNATIVE LOANS TRUST 6.00% 06/25/2034US6.00006/25/203433,850100.5434,0340.01
MEAD JOHNSON NUT 4.13% 11/15/2025US4.13011/15/2025688,000102.63706,0850.18
MEDTRONIC GLOBAL 3.35% 04/01/2027LU3.35004/01/2027200,00098.69197,3770.05
MICRON TECH 0.00% 04/26/2022US -- 04/26/20221,404,975100.591,413,3210.36
MICROSOFT CORP 3.50% 02/12/2035US3.50002/12/2035650,00098.77642,0080.16
MID-AMER APT LP 3.75% 06/15/2024US3.75006/15/2024853,00099.27846,7410.21
MIDCONTINENT EXP 6.70% 09/15/2019US6.70009/15/20191,292,000101.501,311,3800.33
MID-STATE TRUST 7.08% 01/15/2040US7.08001/15/20401,376,556109.011,500,5910.38
MOODY'S CORP 2.75% 12/15/2021US2.75012/15/2021591,00098.18580,2690.15
MORGAN STANLEY 3.95% 04/23/2027US3.95004/23/20271,455,00097.371,416,6980.36
MYLAN NV 3.00% 12/15/2018NL3.00012/15/2018180,000100.00179,9970.05
NEW YORK LIFE GL 3.00% 01/10/2028US3.00001/10/20281,800,00095.261,714,5900.43
NEWCREST FINANCE 4.20% 10/01/2022AU4.20010/01/2022225,000101.39228,1170.06
NEWCREST FINANCE 4.45% 11/15/2021AU4.45011/15/2021416,000102.72427,3080.11
NORTHWESTERN MUT 3.85% 09/30/2047US3.85009/30/20471,100,00094.231,036,5640.26
ONCOR ELECTRIC D 3.80% 09/30/2047US3.80009/30/2047945,00097.83924,5400.23
ONTARIO PROVINCE 1.88% 05/21/2020CA1.88005/21/20201,333,00098.411,311,7730.33
ORACLE CORP 2.65% 07/15/2026US2.65007/15/20261,073,00093.501,003,2620.25
ORACLE CORP 3.25% 11/15/2027US3.25011/15/20271,185,00097.541,155,8930.29
ORANGE LAKE TIMESHARE TRUST 2.61% 03/08/2029US2.61003/08/2029330,59498.02324,0340.08
PACIFICORP 5.75% 04/01/2037US5.75004/01/20371,422,000123.781,760,1770.45
PETROLEOS MEXICA 4.50% 01/23/2026MX4.50001/23/2026955,00096.95925,8730.23
PETROLEOS MEXICA 5.35% 02/12/2028MX5.35002/12/2028535,00098.64527,7240.13
PMTLT 2013-J1 3.50% 09/25/2043US3.50009/25/20432,225,30799.432,212,5280.56
PNC BANK NA 2.70% 11/01/2022US2.70011/01/20221,130,00096.811,093,9980.28
PORTUGAL (REP) 5.13% 10/15/2024PT5.13010/15/2024432,000106.36459,4670.12
QUALCOMM INC 3.45% 05/20/2025US3.45005/20/20251,400,00097.641,367,0190.35
QWEST CORP 6.75% 12/01/2021US6.75012/01/20211,385,000107.211,484,8420.38
RESIDENTIAL ASSET SECURITIES C 5.96% 09/25/2031US5.96009/25/20311,440104.351,5020.00
RESIDENTIAL ASSET SECURITIZATI 6.00% 04/25/2036US6.00004/25/2036190,16678.34148,9680.04
REYNOLDS AMERICA 4.45% 06/12/2025US4.45006/12/20251,114,000102.871,145,9400.29
ROCKIES EXPRESS 6.88% 04/15/2040US6.88004/15/20401,045,000115.341,205,2820.31
ROPER TECHNOLOGI 3.00% 12/15/2020US3.00012/15/2020920,00099.65916,8020.23
SABINE PASS LIQU 5.00% 03/15/2027US5.00003/15/20271,082,000103.891,124,1010.28
SBA TOWER TRUST 2.90% 10/08/2019US2.90010/08/2019334,00099.49332,2970.08
SEQUOIA MORTGAGE TRUST 3.52% 05/25/2043US3.52005/25/2043572,101100.09572,6280.15
SEQUOIA MORTGAGE TRUST 3.56% 08/25/2043US3.56008/25/2043578,37199.27574,1240.15
SEQUOIA MORTGAGE TRUST 3.64% 02/25/2043US3.64002/25/2043385,84199.77384,9600.10
SEQUOIA MORTGAGE TRUST 3.64% 02/25/2043US3.64002/25/2043329,075100.02329,1440.08
SHELL INTL FIN 1.88% 05/10/2021NL1.88005/10/20211,230,00096.731,189,7590.30
SHIRE ACQ INV IE 2.40% 09/23/2021IE2.40009/23/2021426,00096.55411,3120.10
SL GREEN OPERAT 3.25% 10/15/2022US3.25010/15/20221,380,00097.531,345,8750.34
SONIC CAPITAL LLC 4.47% 05/20/2046US4.47005/20/2046297,979101.92303,6950.08
SPRINGCASTLE SPV 3.05% 04/25/2029US3.05004/25/2029310,12899.86309,6860.08
STRUCTURED ASSET SECURITIES CO 5.50% 10/25/2035US5.50010/25/2035116,52680.9894,3660.02
STRUCTURED ASSET SECURITIES CO 5.65% 12/25/2034US5.65012/25/203472399.467190.00
TELECOM ITALIA 5.30% 05/30/2024IT5.30005/30/20241,479,000101.751,504,8830.38
TIME WARNER INC 3.80% 02/15/2027US3.80002/15/20271,303,00096.681,259,7800.32
TOWD POINT MORTGAGE TRUST 4.00% 03/25/2054US4.00003/25/2054700,000102.25715,7390.18
TRANSOCEAN PHNX2 7.75% 10/15/2024KY7.75010/15/20242,475106.252,6300.00
UNITED MEXICAN 4.35% 01/15/2047MX4.35001/15/20471,110,00091.391,014,4070.26
US TREASURY N/B 1.13% 07/31/2021US1.13007/31/20211,500,00095.791,436,7770.36
US TREASURY N/B 1.38% 04/30/2021US1.38004/30/20211,500,00096.931,454,0040.37
US TREASURY N/B 1.75% 06/30/2022US1.75006/30/20221,540,00096.921,492,5370.38
US TREASURY N/B 1.88% 04/30/2022US1.88004/30/20223,350,00097.533,267,1660.83
US TREASURY N/B 2.00% 01/31/2020US2.00001/31/202053,995,00099.5253,737,68013.61
US TREASURY N/B 2.00% 10/31/2022US2.00010/31/20225,125,00097.665,004,8831.27
US TREASURY N/B 2.75% 02/15/2028US2.75002/15/202826,295,000100.0526,308,3536.66
US TREASURY N/B 2.75% 08/15/2047US2.75008/15/20472,630,00095.572,513,6020.64
US TREASURY N/B 3.00% 02/15/2048US3.00002/15/204810,745,000100.5710,806,2802.74
VENTAS REALTY LP 3.50% 02/01/2025US3.50002/01/2025983,00097.37957,1510.24
VERIZON COMM INC 4.67% 03/15/2055US4.67003/15/2055550,00095.12523,1480.13
VERIZON COMM INC 5.01% 04/15/2049US5.01004/15/2049886,000102.94912,0770.23
VISA INC 4.15% 12/14/2035US4.15012/14/2035935,000106.49995,6970.25
VOYA CLO 2017-4 LTD. 2.51% 10/15/2030KY2.51010/15/2030600,000100.58603,4730.15
VULCAN MATERIALS 4.50% 04/01/2025US4.50004/01/2025280,000103.85290,7740.07
WALMART INC 2.35% 12/15/2022US2.35012/15/20221,330,00097.341,294,6590.33
WASHINGTON MUTUAL MORTGAGE PAS 5.50% 11/25/2035US5.50011/25/2035102,40792.6494,8650.02
WELLS FARGO CO 2.10% 07/26/2021US2.10007/26/2021800,00096.57772,5720.20
WELLS FARGO CO 4.13% 08/15/2023US4.13008/15/2023785,000101.42796,1400.20
WELLS FARGO MORTGAGE BACKED SE 3.37% 06/25/2033US3.37006/25/203399,258101.08100,3280.03
WENDYS FUNDING LLC 3.57% 03/15/2048US3.57003/15/20483,316,68898.783,276,3570.83
WILLIAMS COS INC 3.70% 01/15/2023US3.70001/15/20231,863,00097.251,811,7680.46
ZIMMER HLDGS 3.15% 04/01/2022US3.15004/01/2022860,00098.57847,6750.21
ZIMMER HLDGS 3.38% 11/30/2021US3.38011/30/2021320,00099.47318,3100.08
Top 10 Holdings as of 3/31/2018
Security Description
% of
Portfolio
1. U.S. TREASURY N/B 2.00% 01/31/2013.7
2. ISHARES IBOXX $ INVMT GRADE CORP. BOND ETF8.8
3. U.S. TREASURY N/B 2.75% 02/15/286.7
4. US TREASURY N/B 3.00% 02/15/20482.7
5. FANNIE MAE 3.50% 05/01/20462.4
6. FREDDIE MAC 3.50% 04/01/20451.7
7. FREDDIE MAC 6.00% 06/15/20371.6
8. FREDDIE MAC 3.00% 04/01/20451.6
9. FANNIE MAE 3.50% 09/01/20441.5
10. FANNIE MAE 5.00% 09/01/20401.4

Data may not total due to rounding.

There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular sector. Holdings are subject to change.

The data illustrated for Touchstone Domestic Equity Funds – Morningstar is the source. For Russell index information – the Frank Russell Company is the source and owner. For MSCI index information- the MSCI is the source and owner. The data illustrated for Touchstone Fixed Income Funds, Diversified Income Funds, Alternative Investment Funds, International Equity Funds, Asset Allocation Funds and Money Market Funds – the fund’s sub-advisor is the source. Calculations for sectors and top holdings exclude cash equivalents. All holdings data is sourced from BNY Mellon Asset Servicing.