Touchstone Ohio Tax-Free Bond Fund
Sub-Advised by: Fort Washington Investment Advisors Inc.

Portfolio Characteristics as of 6/30/2018
Weighted Average Effective Duration14.5 Years
Weighted Average Effective Maturity212.5 Years
Number of Holdings ^63

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.

^ Total number of holdings includes cash equivalents

Credit Quality as of 6/30/2018(% of Portfolio)
AAA/Aaa9.2
AA/Aa65.4
A/A20.8
BBB/Baa3.8
Not Rated0.9
Sector Allocation as of 6/30/2018(% of Portfolio)
Education21.7
Hospital/Healthcare21.6
General Obligations21.2
Prerefunded/Escrowed to Maturity13.2
IDR/EDR9.8
Miscellaneous9.0
Water and Sewer1.8
Lease Revenue1.7
Full Holdings as of 6/30/2018
Security DescriptionCountryCoupon Rate (%)Maturity DateShares Par
Value
Current
Price ($)
Market
Value ($)
% of
Portfolio
ALLEN CNTY OH HOSP FACS REVENU 1.64% 06/01/2034US1.64006/01/2034700,000100.00700,0001.52
BOWLING GREEN OH CITY SCH DIST 5.00% 12/01/2034US5.00012/01/2034345,000113.60391,9200.85
BUTLER CNTY OH HOSP FACS 5.00% 05/15/2030US5.00005/15/20301,000,000120.401,203,9602.62
BUTLER CNTY OH HOSP FACS 5.25% 04/01/2031US5.25004/01/2031500,000107.14535,6801.17
CINCINNATI OH CITY SCH DIST 5.00% 06/01/2020US5.00006/01/20201,500,000105.931,588,8753.46
CINCINNATI OH ECON DEV REVENUE 5.00% 11/01/2033US5.00011/01/20332,000,000108.372,167,3004.71
CINCINNATI OH URBAN REDEV REVE 5.00% 11/01/2035US5.00011/01/20351,085,000113.421,230,5742.68
CINCINNATI OH WTR SYS REVENUE 5.00% 12/01/2035US5.00012/01/2035475,000115.28547,5801.19
CLERMONT CNTY OH PORT AUTH LEA 5.00% 12/01/2035US5.00012/01/2035200,000113.06226,1140.49
CLEVELAND OH INCOME TAX REVENU 5.00% 10/01/2029US5.00010/01/2029750,000114.61859,5981.87
CLEVELAND OH WTR REVENUE 4.00% 01/01/2034US4.00001/01/2034265,000104.10275,8760.60
COLUMBUS OH CITY SCH DIST 4.50% 06/01/2019US4.50006/01/20191,000,000102.681,026,7602.23
CUYAHOGA CNTY OH COPS 5.00% 12/01/2032US5.00012/01/20321,000,000109.851,098,4802.39
CUYAHOGA CNTY OH SALES TAX REV 5.00% 12/01/2034US5.00012/01/2034500,000113.58567,9001.24
FRANKLIN CNTY OH HOSP FACS REV 4.00% 11/01/2036US4.00011/01/2036550,000103.22567,7211.23
FRANKLIN CNTY OH HOSP REVENUE 4.75% 11/01/2019US4.75011/01/20191,000,000104.081,040,8002.26
FRANKLIN CNTY OH SALES TAX REV 4.00% 06/01/2033US4.00006/01/2033970,000107.891,046,5622.28
GENOA OH AREA LOCAL SCH DIST 4.63% 06/01/2019US4.63006/01/2019465,000102.74477,7501.04
GREEN OH CMNTY LEARNING CENTER 4.00% 12/01/2030US4.00012/01/20301,000,000105.751,057,5402.30
GREENE CNTY OH HOSP FAC REVENU 5.13% 04/01/2029US5.13004/01/2029650,000102.61666,9721.45
HAMILTON CNTY OH 5.00% 12/01/2037US5.00012/01/20371,000,000116.381,163,7902.53
HAMILTON CNTY OH ECON DEV REVE 5.00% 06/01/2033US5.00006/01/20331,000,000113.201,131,9702.46
HAMILTON CNTY OH HLTH CARE FAC 5.25% 06/01/2032US5.25006/01/20321,000,000109.521,095,1902.38
HAMILTON CNTY OH HOSP FACS REV 5.00% 02/01/2030US5.00002/01/2030500,000110.74553,7051.20
HAMILTON CNTY OH HOSP FACS REV 5.00% 05/15/2033US5.00005/15/20331,080,000111.821,207,6882.63
HAMILTON CNTY OH HOSP FACS REV 5.00% 05/15/2034US5.00005/15/2034625,000111.48696,7441.52
HAMILTON CNTY OH STUDENT REVEN 5.00% 06/01/2030US5.00006/01/20301,000,000105.271,052,6802.29
KENT OH ST UNIV REVENUES 4.50% 05/01/2032US4.50005/01/20321,000,000105.571,055,6802.30
LAKEWOOD OH 5.00% 12/01/2036US5.00012/01/2036500,000114.21571,0451.24
LAKEWOOD OH CITY SCH DIST 5.00% 11/01/2033US5.00011/01/2033250,000112.51281,2700.61
LICKING HEIGHTS OH LOCAL SCH D 6.40% 12/01/2028US6.40012/01/2028845,000121.791,029,1342.24
MIAMI TRACE OH LOCAL SCH DIST 5.00% 12/01/2035US5.00012/01/2035435,000113.56493,9641.07
MIAMI UNIV OH 5.00% 09/01/2035US5.00009/01/2035570,000114.38651,9601.42
MIAMI VLY CAREER TECH CENTER O 4.00% 12/01/2034US4.00012/01/2034700,000105.27736,8831.60
MIDDLEBURG HEIGHTS OH HOSP REV 5.13% 08/01/2031US5.13008/01/2031750,000108.72815,3931.77
MILFORD OH EXEMPT VLG SCH DIST 5.00% 12/01/2035US5.00012/01/2035200,000113.47226,9300.49
MILTON UNION OH EXEMPTED VLG S 4.88% 12/01/2019US4.88012/01/2019895,000104.41934,4432.03
MONTGOMERY CNTY OH HOSP REVENU 1.60% 11/15/2045US1.60011/15/2045250,000100.00250,0000.54
MONTGOMERY CNTY OH REVENUE 5.25% 05/01/2029US5.25005/01/2029650,000109.81713,7651.55
MONTGOMERY CNTY OH REVENUE 5.25% 11/12/2023US5.25011/12/2023350,000114.85401,9820.87
NEW ALBANY OH CMNTY AUTH CMNTY 5.00% 10/01/2024US5.00010/01/2024500,000110.51552,5701.20
OHIO ST ECON DEV REVENUE 4.75% 12/01/2032US4.75012/01/20321,060,000106.051,124,1412.45
OHIO ST HGR EDUCTNL FAC COMMIS 4.00% 12/01/2035US4.00012/01/2035290,000104.41302,7890.66
OHIO ST HGR EDUCTNL FAC COMMIS 5.00% 04/01/2036US5.00004/01/2036500,000109.31546,5701.19
OHIO ST HGR EDUCTNL FAC COMMIS 5.00% 05/01/2033US5.00005/01/2033265,000110.18291,9880.64
OHIO ST HGR EDUCTNL FAC COMMIS 5.75% 11/01/2018US5.75011/01/20181,000,000101.411,014,0502.21
OHIO ST HOSP FAC REVENUE 5.13% 01/01/2028US5.13001/01/20281,500,000101.811,527,2103.32
OHIO ST UNIV 4.00% 12/01/2032US4.00012/01/2032500,000105.37526,8651.15
OHIO ST UNIV 4.00% 12/01/2033US4.00012/01/2033525,000105.08551,6441.20
OHIO UNIV GEN RECPTS ATHENS 5.00% 12/01/2032US5.00012/01/2032150,000115.70173,5560.38
POLARIS CAREER CTR OH COPS 5.00% 11/01/2035US5.00011/01/2035500,000112.37561,8251.22
S W OH LOCAL SCH DIST HAMILTON 4.00% 01/15/2032US4.00001/15/2032250,000106.78266,9550.58
S W OH LOCAL SCH DIST HAMILTON 4.00% 01/15/2034US4.00001/15/2034250,000105.52263,7930.57
THREE RIVERS OH LOCAL SCH DIST 5.00% 12/01/2034US5.00012/01/2034500,000112.58562,8851.22
TOLEDO OH CITY SCH DIST 5.00% 12/01/2032US5.00012/01/20321,000,000112.041,120,3902.44
UNIV OF AKRON OH 5.00% 01/01/2028US5.00001/01/2028375,000112.11420,3940.91
UNIV OF CINCINNATI OH RECPTS 5.00% 06/01/2037US5.00006/01/20371,000,000115.921,159,1902.52
UNIV OF TOLEDO OH 5.00% 06/01/2029US5.00006/01/2029345,000108.95375,8600.82
UPPER ARLINGTON OH 4.00% 12/01/2032US4.00012/01/2032300,000106.19318,5670.69
WARREN CNTY OH HLTH CARE FACSR 5.00% 07/01/2033US5.00007/01/2033250,000109.01272,5180.59
WARREN CNTY OH HLTH CARE FACSR 5.00% 07/01/2034US5.00007/01/2034250,000108.78271,9500.59
WARREN CNTY OH HLTH CARE FACSR 5.00% 07/01/2036US5.00007/01/2036350,000110.02385,0530.84
WRIGHT OH ST UNIV 5.00% 05/01/2031US5.00005/01/20311,000,000104.171,041,6502.27
Top 10 Holdings as of 6/30/2018
Security Description
% of
Portfolio
1. CINCINNATI OH ECON DEV REVENUE 5.00% 11/01/20334.7
2. CINCINNATI OH CITY SCH DIST 5.00% 06/01/20203.5
3. OHIO ST HOSP FAC REVENUE 5.13% 01/01/20283.3
4. CINCINNATI OH URBAN REDEV REVE 5.00% 11/01/20352.7
5. HAMILTON CNTY OH HOSP FACS REV 5.00% 05/15/20332.6
6. BUTLER CNTY OH HOSP FACS 5.00% 05/15/20302.6
7. HAMILTON CNTY OH 5.00% 12/01/20372.5
8. UNIV OF CINCINNATI OH RECPTS 5.00% 06/01/20372.5
9. HAMILTON CNTY OH ECON DEV REVE 5.00% 06/01/20332.5
10. OHIO ST ECON DEV REVENUE 4.75% 12/01/20322.5

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.