Touchstone Total Return Bond Fund Sub-Advised by: EARNEST Partners LLC

Portfolio Characteristics as of 12/31/2017
Weighted Average Effective Duration15.7 Years
Weighted Average Effective Maturity28.5 Years
Number of Holdings ^187

^ 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 12/31/2017(% of Portfolio)
AAA/Aaa64.1
AA/Aa6.6
A/A9.5
BBB/Baa13.0
BB/Ba2.3
CCC0.7
Cash Equivalents3.7

Credit quality ratings are from Standard & Poor’s (“S&P”) and Moody’s Investors Service (“Moody’s”). If agency ratings differ, the higher rating will be used. Where no rating has been assigned, it may be for reasons unrelated to the creditworthiness of the issuer.

Sector Allocation as of 12/31/2017(% of Portfolio)
U.S. Agency Obligations28.2
U.S. Agency MBS/CMO26.5
Investment Grade Corp. Credit26.2
Municipals6.7
Cash Equivalents3.7
U.S. Treasury3.5
High Yield Corporate Credit2.9
Asset Backed Securities2.2
CMBS0.1
Full Holdings as of 12/31/2017
Security DescriptionCountryCoupon Rate (%)Maturity DateShares Par
Value
Current
Price ($)
Market
Value ($)
% of
Portfolio
321 HENDERSON RECEIVABLES LLC 3.84% 10/15/2059US3.84010/15/20591,268,719102.111,295,4700.47
321 HENDERSON RECEIVABLES LLC 3.87% 03/15/2058US3.87003/15/20581,561,226104.731,635,0720.59
321 HENDERSON RECEIVABLES LLC 4.21% 02/16/2065US4.21002/16/20651,420,413107.021,520,1420.55
AM AIRLIN 16-3 A 3.00% 10/15/2028US3.00010/15/2028795,41297.75777,5070.28
AM AIRLN PT TRST 7.00% 01/31/2018US7.00001/31/20181,238,353100.501,244,5440.45
AMERICAN EXPRESS 2.65% 12/02/2022US2.65012/02/20222,008,00099.301,994,0290.72
APACHE CORP 3.25% 04/15/2022US3.25004/15/20221,000,000100.761,007,5530.36
ASTRO OFFSHORE 6.00% 12/20/2019US6.00012/20/201917,749102.0718,1170.01
BNSF 04-1 TRUST 4.58% 01/15/2021US4.58001/15/202162,824102.3264,2790.02
BNSF 05-3 TRUST 4.83% 01/15/2023US4.83001/15/2023279,035103.85289,7860.10
BNSF 05-4 TRUST 4.97% 04/01/2023US4.97004/01/20231,292,291105.561,364,1050.49
BNSF 98-C TRUST 6.23% 07/02/2018US6.23007/02/201823,463101.8923,9060.01
BRUCE MANSFIELD 6.85% 06/01/2034US6.85006/01/20341,314,40933.00433,7550.16
CALIF WATER SRVC 5.50% 12/01/2040US5.50012/01/2040610,000123.47753,1490.27
CALIFORNIA ST HSG FIN AGY RSDL 2.90% 02/01/2042US2.90002/01/2042907,10398.52893,6780.32
CANAL BARGE CO 4.50% 11/12/2034US4.50011/12/20341,332,000104.831,396,3250.50
CAROLINA P & L 6.30% 04/01/2038US6.30004/01/2038275,000137.30377,5750.14
CD COMMERCIAL MORTGAGE TRUST 5.69% 10/15/2048US5.69010/15/2048505,00043.63220,3440.08
CHESAPEAKE ENRGY 6.63% 08/15/2020US6.63008/15/20201,253,000104.001,303,1200.47
COMMONWEALTH EDI 5.90% 03/15/2036US5.90003/15/20361,531,000131.082,006,8550.72
CONTL AIRLINES 4.00% 10/29/2024US4.00010/29/2024634,758104.24661,6400.24
CONTL AIRLINES 5.98% 04/19/2022US5.98004/19/2022969,138109.031,056,6510.38
CONTL AIRLINES 7.71% 04/02/2021US7.71004/02/2021896,726109.25979,6740.35
CSX TRANS 6.25% 01/15/2023US6.25001/15/20231,558,226112.351,750,5990.63
CVS PASS-THROUGH 6.04% 12/10/2028US6.04012/10/20282,803,289111.173,116,3791.12
DALLAS TX AREA RAPID TRANSIT S 6.00% 12/01/2044US6.00012/01/20441,770,000137.982,442,3170.88
DELPHI FINL GRP 7.88% 01/31/2020US7.88001/31/20202,277,000110.172,508,4790.90
DELTA AIR 2010-2 4.95% 05/23/2019US4.95005/23/20191,094,864102.621,123,5490.40
DOMINION RES 3.45% 09/30/2066US3.45009/30/20661,780,00094.131,675,4250.60
DREYFUS-GOV C-INUS -- -- 10,739,6051.0010,739,6053.87
EAST BAY CA MUNI UTILITY DIST 5.87% 06/01/2040US5.87006/01/20401,710,000133.962,290,6310.83
ENTERGY LA LLC 4.44% 01/15/2026US4.44001/15/20261,700,000108.371,842,3320.66
FANNIE MAE 1.94% 09/01/2019US1.94009/01/20191,826,24399.881,823,9690.66
FANNIE MAE 2.00% 03/01/2028US2.00003/01/20281,081,59496.641,045,2030.38
FANNIE MAE 2.68% 02/01/2022US2.68002/01/20221,750,663100.881,766,0250.64
FANNIE MAE 2.68% 12/01/2026US2.68012/01/20263,359,00097.603,278,3261.18
FANNIE MAE 3.00% 07/01/2043US3.00007/01/20433,744,641100.533,764,4941.36
FANNIE MAE 3.50% 02/01/2045US3.50002/01/20451,929,924102.731,982,5510.71
FANNIE MAE 3.50% 09/01/2042US3.50009/01/20422,233,045103.242,305,3940.83
FANNIE MAE 3.50% 11/01/2021US3.50011/01/20211,514,675103.681,570,3790.57
FANNIE MAE 3.50% 11/01/2047US3.50011/01/20471,992,530102.732,047,0250.74
FANNIE MAE 4.00% 01/01/2046US4.00001/01/20462,279,402104.602,384,2210.86
FANNIE MAE 4.00% 04/01/2047US4.00004/01/20474,660,979104.654,877,5941.76
FANNIE MAE 4.04% 09/01/2020US4.04009/01/20201,010,071103.581,046,2210.38
FANNIE MAE 4.38% 06/01/2020US4.38006/01/2020345,256103.98358,9820.13
FANNIE MAE 4.50% 01/01/2020US4.50001/01/2020795,476103.68824,7670.30
FANNIE MAE 4.50% 04/01/2041US4.50004/01/20411,778,823106.991,903,1490.69
FANNIE MAE 4.63% 04/01/2020US4.63004/01/2020403,771103.84419,2750.15
FANNIE MAE 4.65% 10/01/2019US4.65010/01/2019870,454103.68902,4930.33
FANNIE MAE 4.68% 08/01/2028US4.68008/01/2028205,522108.74223,4750.08
FANNIE MAE 4.82% 07/01/2019US4.82007/01/2019288,115103.66298,6460.11
FANNIE MAE 4.83% 08/01/2019US4.83008/01/2019277,971103.84288,6450.10
FANNIE MAE 4.94% 05/01/2019US4.94005/01/2019273,553103.08281,9650.10
FANNIE MAE 5.26% 01/01/2025US5.26001/01/2025107,766106.25114,4970.04
FANNIE MAE 5.83% 06/01/2037US5.83006/01/2037467,238111.29519,9720.19
FEDEX 1998 TRUST 6.85% 01/15/2019US6.85001/15/2019654,408102.00667,4960.24
FEDEX 1999 TRUST 7.65% 01/15/2023US7.65001/15/2023860,649111.50959,6240.35
FHLMC MULTIFAMILY STRUCTURED 2.62% 12/25/2026US2.62012/25/20262,946,34399.292,925,4711.05
FISHERS LANE 3.67% 08/05/2030US3.67008/05/20301,940,361102.841,995,4080.72
FLORIDA ST HSG FIN CORP REVENU 2.80% 07/01/2041US2.80007/01/20411,326,05798.571,307,1470.47
FORD MOTOR CRED 4.38% 08/06/2023US4.38008/06/20232,050,000105.302,158,6580.78
FPL GROUP CAPTL 3.40% 10/01/2066US3.40010/01/20662,000,00094.501,890,0000.68
FPL RECOVERY FUNDING 5.26% 08/01/2021US5.26008/01/2021287,960102.23294,3930.11
FREDDIE MAC 7.65% 05/01/2025US7.65005/01/20251,795,369114.822,061,3900.74
FREMF MORTGAGE TRUST 3.56% 06/25/2023US3.56006/25/2023750,000103.11773,2920.28
FREMF MORTGAGE TRUST 3.81% 06/25/2047US3.81006/25/20471,200,000101.601,219,2290.44
FREMF MORTGAGE TRUST 4.03% 05/25/2045US4.03005/25/20451,000,000103.701,036,9970.37
FREMF MORTGAGE TRUST 4.03% 11/25/2018US4.03011/25/2018925,000100.94933,7410.34
FREMF MORTGAGE TRUST 4.77% 04/25/2044US4.77004/25/20441,020,000100.031,020,2590.37
FRESB 2016-SB17 A5H 2.16% 06/25/2021US2.16006/25/20211,665,06998.581,641,3970.59
FRESB MULTIFAMILY MORTGAGE 2.54% 12/25/2020US2.54012/25/20202,332,84999.762,327,3610.84
FRESB MULTIFAMILY MORTGAGE 3.09% 01/25/2027US3.09001/25/20272,408,661100.732,426,2310.87
GATX CORP 3.25% 03/30/2025US3.25003/30/20251,800,00099.031,782,5880.64
GE CAPITAL INTL 3.37% 11/15/2025IE3.37011/15/20251,386,000101.711,409,6520.51
GEN ELEC CAP CRP 3.45% 05/15/2024US3.45005/15/2024541,000103.16558,1170.20
GEORGIA POWER 4.75% 09/01/2040US4.75009/01/20401,250,000109.971,374,5840.50
GNMA 12-46 CL C 3.18% 05/16/2050US3.18005/16/20502,975,000100.282,983,2861.07
GNR 2013-40 AC 1.58% 01/16/2046US1.58001/16/20461,133,02297.151,100,7860.40
GOVERNMENT NATIONAL MORTGAGE 3.00% 09/16/2049US3.00009/16/20492,540,00090.942,309,9190.83
GOVERNMENT NATIONAL MORTGAGE 3.31% 11/16/2049US3.31011/16/20492,818,000100.912,843,5051.02
GOVERNMENT NATIONAL MORTGAGE 3.49% 02/16/2044US3.49002/16/20442,600,000101.352,634,9840.95
GOVERNMENT NATIONAL MORTGAGE A 1.73% 05/20/2067US1.73005/20/20672,145,998100.042,146,8690.77
GOVERNMENT NATIONAL MORTGAGE A 2.17% 07/16/2038US2.17007/16/2038172,87699.90172,6950.06
GOVERNMENT NATIONAL MORTGAGE A 2.38% 12/16/2043US2.38012/16/20431,915,85798.481,886,7780.68
GOVERNMENT NATIONAL MORTGAGE A 2.60% 01/16/2052US2.60001/16/20522,640,07897.862,583,6310.93
GOVERNMENT NATIONAL MORTGAGE A 2.70% 10/16/2055US2.70010/16/20552,009,00094.741,903,2670.69
GOVERNMENT NATIONAL MORTGAGE A 3.00% 01/20/2027US3.00001/20/2027771,153102.58791,0710.28
GOVERNMENT NATIONAL MORTGAGE A 4.31% 07/20/2061US4.31007/20/2061223,792101.22226,5180.08
GOVERNMENT NATIONAL MORTGAGE A 4.62% 07/20/2061US4.62007/20/2061362,630101.60368,4150.13
GOVERNMENT NATIONAL MORTGAGE A 4.70% 05/20/2061US4.70005/20/2061808,677101.21818,4480.29
GOVERNMENT NATIONAL MORTGAGE A 4.70% 09/20/2061US4.70009/20/2061376,329101.73382,8420.14
GOVERNMENT NATIONAL MORTGAGE A 4.82% 06/20/2061US4.82006/20/2061314,693104.82329,8540.12
HCA INC 4.25% 10/15/2019US4.25010/15/20191,650,000102.131,685,0630.61
HELIOS LEASING I 1.73% 07/24/2024US1.73007/24/20241,706,04397.611,665,3450.60
JCP&L TRANSITION FUNDING LLC 5.61% 06/05/2023US5.61006/05/20231,325,000106.571,412,0350.51
KANSAS CITY SOUT 3.00% 05/15/2023US3.00005/15/20231,180,00099.131,169,7760.42
KANSAS CITY SOUT 3.13% 06/01/2026US3.13006/01/20261,475,00096.851,428,5500.51
KIOWA POWER 5.74% 03/30/2021US5.74003/30/2021531,077102.14542,4680.20
KROGER CO 3.85% 08/01/2023US3.85008/01/20231,500,000104.071,561,1200.56
LOUISIANA ST HSG CORP SF MTGE 2.88% 11/01/2038US2.88011/01/20382,126,32398.982,104,5280.76
MATSON NAVIG CO 5.34% 09/04/2028US5.34009/04/20281,408,000109.191,537,3430.55
MISSOURI ST HSG DEV COMMISSION 2.65% 11/01/2040US2.65011/01/2040780,00097.43759,9230.27
NATIONWIDE MUTL 9.38% 08/15/2039US9.38008/15/2039708,000170.071,204,0920.43
NATL RURAL UTIL 3.40% 11/15/2023US3.40011/15/20232,106,000103.212,173,6330.78
NEWFIELD EXPLOR 5.75% 01/30/2022US5.75001/30/20221,530,000106.751,633,2750.59
NORFOLK SOUTHERN 2.90% 02/15/2023US2.90002/15/20231,941,000100.481,950,3510.70
OHIO ST HSG FIN AGY SF MTGE RE 2.65% 11/01/2041US2.65011/01/20411,830,00097.771,789,2090.64
PETROBRAS GLOB 7.38% 01/17/2027NL7.38001/17/20271,000,000110.101,101,0000.40
PETROLEOS MEXICA 2.29% 02/15/2024MX2.29002/15/20241,423,50099.561,417,2670.51
PETROLEOS MEXICA 4.88% 01/24/2022MX4.88001/24/20221,500,000104.231,563,3750.56
PORT AUTH OF NEW YORK & NEW JE 4.93% 10/01/2051US4.93010/01/20511,400,000123.561,729,8680.62
PRIVATE EXPT FDG 2.45% 07/15/2024US2.45007/15/20242,392,00099.532,380,8050.86
PROVIDENT COS 7.00% 07/15/2018US7.00007/15/20181,500,000102.571,538,5950.55
PULTE HOMES INC 7.88% 06/15/2032US7.88006/15/2032990,000125.501,242,4500.45
RELIANCE INDUSTR 1.87% 01/15/2026IN1.87001/15/20262,034,63297.461,983,0280.71
REPUBLIC SVCS 5.25% 11/15/2021US5.25011/15/20211,404,000109.171,532,7990.55
ROYAL CARIBBEAN 5.25% 11/15/2022LR5.25011/15/20221,300,000109.821,427,6110.51
SAN FRANCISCO CITY & CNTY CA P 6.95% 11/01/2050US6.95011/01/20501,225,000149.381,829,9050.66
SBA TOWER TRUST 3.17% 04/11/2022US3.17004/11/20221,330,00099.541,323,9370.48
SERVICE CORP 5.38% 05/15/2024US5.38005/15/2024466,000105.38491,0480.18
SMALL BUS ADMIN 5.34% 11/01/2021US5.34011/01/202133,055103.2134,1150.01
SMALL BUSINESS ADMINISTRATION 1.24% 05/01/2022US1.24005/01/2022736,53498.25723,6310.26
SMALL BUSINESS ADMINISTRATION 2.07% 05/01/2033US2.07005/01/20331,729,15697.401,684,1520.61
SMALL BUSINESS ADMINISTRATION 2.22% 03/01/2033US2.22003/01/20333,872,41498.033,796,0961.37
SMALL BUSINESS ADMINISTRATION 2.52% 09/10/2027US2.52009/10/20272,740,000100.082,742,1480.99
SMALL BUSINESS ADMINISTRATION 2.77% 05/01/2035US2.77005/01/20354,044,364100.764,075,0751.47
SMALL BUSINESS ADMINISTRATION 2.78% 01/01/2036US2.78001/01/20364,220,78299.824,213,1481.52
SMALL BUSINESS ADMINISTRATION 2.78% 12/01/2037US2.78012/01/20373,000,00099.852,995,3831.08
SMALL BUSINESS ADMINISTRATION 2.79% 11/01/2037US2.79011/01/20372,734,000100.052,735,4290.99
SMALL BUSINESS ADMINISTRATION 2.80% 11/01/2034US2.80011/01/20341,768,40599.891,766,4560.64
SMALL BUSINESS ADMINISTRATION 2.81% 06/01/2037US2.81006/01/20373,205,312100.273,213,8391.16
SMALL BUSINESS ADMINISTRATION 2.82% 09/01/2035US2.82009/01/20352,954,900100.872,980,7251.07
SMALL BUSINESS ADMINISTRATION 2.84% 04/01/2037US2.84004/01/20374,024,622100.404,040,7201.46
SMALL BUSINESS ADMINISTRATION 2.85% 03/10/2027US2.85003/10/20272,212,000101.152,237,4310.81
SMALL BUSINESS ADMINISTRATION 2.88% 05/01/2037US2.88005/01/20373,419,439100.533,437,5691.24
SMALL BUSINESS ADMINISTRATION 2.88% 08/01/2034US2.88008/01/20342,341,795100.262,347,8740.85
SMALL BUSINESS ADMINISTRATION 3.15% 07/01/2033US3.15007/01/20332,852,313102.542,924,7301.05
SMALL BUSINESS ADMINISTRATION 3.21% 09/01/2030US3.21009/01/20301,462,809102.101,493,5510.54
SMALL BUSINESS ADMINISTRATION 3.88% 06/01/2030US3.88006/01/20301,574,922104.681,648,6240.59
SMALL BUSINESS ADMINISTRATION 3.92% 10/01/2029US3.92010/01/2029850,588104.80891,4320.32
SMALL BUSINESS ADMINISTRATION 4.31% 04/01/2029US4.31004/01/2029465,456105.29490,0720.18
SMALL BUSINESS ADMINISTRATION 4.43% 05/01/2029US4.43005/01/20291,004,821105.801,063,0950.38
SMALL BUSINESS ADMINISTRATION 4.63% 02/01/2025US4.63002/01/2025132,261103.67137,1140.05
SMALL BUSINESS ADMINISTRATION 4.66% 03/01/2029US4.66003/01/20291,672,960106.351,779,1190.64
SMALL BUSINESS ADMINISTRATION 4.76% 02/01/2029US4.76002/01/20291,055,970106.801,127,7750.41
SMALL BUSINESS ADMINISTRATION 4.76% 04/01/2023US4.76004/01/202329,072103.9330,2160.01
SMALL BUSINESS ADMINISTRATION 4.77% 04/01/2024US4.77004/01/202424,168103.9825,1300.01
SMALL BUSINESS ADMINISTRATION 4.84% 02/01/2023US4.84002/01/202398,373104.21102,5190.04
SMALL BUSINESS ADMINISTRATION 4.88% 11/01/2024US4.88011/01/2024217,756104.48227,5190.08
SMALL BUSINESS ADMINISTRATION 4.95% 06/01/2029US4.95006/01/2029548,046107.48589,0630.21
SMALL BUSINESS ADMINISTRATION 5.11% 08/01/2025US5.11008/01/2025101,039104.93106,0240.04
SMALL BUSINESS ADMINISTRATION 5.12% 12/01/2026US5.12012/01/2026553,151105.51583,6280.21
SMALL BUSINESS ADMINISTRATION 5.17% 01/01/2028US5.17001/01/2028427,271107.10457,6170.16
SMALL BUSINESS ADMINISTRATION 5.29% 12/01/2027US5.29012/01/2027594,900105.72628,8990.23
SMALL BUSINESS ADMINISTRATION 5.31% 05/01/2027US5.31005/01/2027702,440105.75742,8290.27
SMALL BUSINESS ADMINISTRATION 5.31% 08/01/2022US5.31008/01/2022103,629104.09107,8630.04
SMALL BUSINESS ADMINISTRATION 5.32% 01/01/2027US5.32001/01/2027567,721106.13602,5350.22
SMALL BUSINESS ADMINISTRATION 5.35% 02/01/2026US5.35002/01/2026718,164105.80759,8020.27
SMALL BUSINESS ADMINISTRATION 5.36% 11/01/2026US5.36011/01/2026438,410105.93464,4210.17
SMALL BUSINESS ADMINISTRATION 5.70% 08/01/2026US5.70008/01/2026349,195106.13370,5950.13
SMALL BUSINESS ADMINISTRATION 5.71% 06/01/2027US5.71006/01/2027207,404106.90221,7140.08
SMALL BUSINESS ADMINISTRATION 6.29% 01/01/2021US6.29001/01/2021169,751103.78176,1620.06
SMALL BUSINESS ADMINISTRATION 6.77% 11/01/2028US6.77011/01/20281,034,200111.071,148,6640.41
SOUTH CAROL E&G 4.60% 06/15/2043US4.60006/15/20431,983,000108.032,142,2210.77
SPECTRA PARTNERS 3.50% 03/15/2025US3.50003/15/2025400,000100.42401,6840.14
STERLING EQUIP 6.13% 09/28/2019US6.13009/28/201967,046103.5469,4210.03
STRIP PRINC 05/15/2040US -- 05/15/20403,695,00054.842,026,1750.73
STRIP PRINC 05/15/2043US -- 05/15/204310,429,00049.655,178,3661.87
STRIP PRINC 05/15/2045US -- 05/15/20455,379,00046.752,514,4960.91
SW AIRLN 07-1 TR 6.15% 08/01/2022US6.15008/01/20221,501,756108.771,633,4600.59
TAGUA LEASING 1.58% 11/16/2024US1.58011/16/20241,248,65196.901,210,0020.44
TENN VALLEY AUTH 4.65% 06/15/2035US4.65006/15/20351,914,000122.392,342,4850.84
TEXAS EAST TRANS 7.00% 07/15/2032US7.00007/15/2032500,000127.75638,7430.23
TEXAS ST DEPT OF HSG & CMNTY A 2.80% 03/01/2036US2.80003/01/2036715,00099.00707,8360.26
TORCHMARK CORP 3.80% 09/15/2022US3.80009/15/20221,398,000103.361,445,0020.52
TOTEM OCEAN 6.37% 04/15/2028US6.37004/15/2028910,000111.701,016,5000.37
UNITED RENTAL NA 5.75% 11/15/2024US5.75011/15/20241,644,000105.251,730,3100.62
UNP CO 2001 TRST 6.63% 01/27/2022US6.63001/27/202229,061110.9432,2400.01
UNP CO 2003 TRST 4.70% 01/02/2024US4.70001/02/20241,418,926106.311,508,5230.54
UNP CO 2006 TRST 5.87% 07/02/2030US5.87007/02/2030623,957112.76703,5660.25
USB CAPITAL IX 3.50% 10/29/2049US3.50010/29/20492,000,00090.501,810,0000.65
VERIZON COMM INC 5.01% 04/15/2049US5.01004/15/20491,422,000104.881,491,3760.54
VESSEL MGMT SERV 5.13% 04/16/2035US5.13004/16/20351,322,000112.791,491,0670.54
VIRGINIA ST HSG DEV AUTH CMWLT 2.75% 04/25/2042US2.75004/25/2042765,77697.96750,1460.27
WACHOVIA CAP III 5.57% 03/29/2049US5.57003/29/20492,000,000100.752,015,0000.73
WASHINGTON ST 5.48% 08/01/2039US5.48008/01/20391,515,000128.631,948,7600.70
WASTE MANAGEMENT 2.40% 05/15/2023US2.40005/15/20231,616,00098.061,584,6350.57
Top 10 Holdings as of 12/31/2017
Security Description
% of
Portfolio
1. STRIP PRINC 05/15/20431.9
2. FANNIE MAE 4.00% 04/01/20471.8
3. SMALL BUSINESS ADMINISTRATION 2.78% 01/01/20361.6
4. SMALL BUSINESS ADMINISTRATION 2.77% 05/01/20351.5
5. SMALL BUSINESS ADMINISTRATION 2.84% 04/01/20371.5
6. SMALL BUSINESS ADMINISTRATION 2.22% 03/01/20331.4
7. FANNIE MAE 3.00% 07/01/20431.4
8. SMALL BUSINESS ADMINISTRATION 2.88% 05/01/20371.3
9. FANNIE MAE 2.68% 12/01/20261.2
10. SMALL BUSINESS ADMINISTRATION 2.81% 06/01/20371.2

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.