Touchstone Ares Credit Opportunities Fund

Data updated: 2026-08-26

C000261019 — Touchstone Ares Credit Opportunities Fund. Intermediate Corporate Bond · $865.82M AUM. Holdings, fees, performance and SEC filings.

C000261019 Fund Overview

Touchstone Ares Credit Opportunities Fund is a US mutual fund managed by Touchstone Funds Group Trust, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

  • Type: US mutual fund
  • Manager: Touchstone Funds Group Trust
  • Category: Intermediate Corporate Bond
  • Assets under management: $865.82M
  • 1-year return: 4.4%
  • SEC CIK: 0000914243
  • SEC series ID: S000042224
  • Share class ID: C000261019

C000261019 Investment Objective and Strategy

Touchstone Ares Credit Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Touchstone Funds Group Trust.

Investment objective

The Touchstone Arbitrage Fund (the Fund) seeks to achieve positive absolute returns over the long-term regardless of market conditions.

Principal investment strategy

The Fund primarily invests, under normal market conditions, in equity securities of U.S. and foreign issuers. This is a non-fundamental investment policy that the Fund can change upon 60 days prior notice to shareholders. Equity securities include common stock and preferred stock. The Funds sub-advisor, Longfellow Investment Management Co., LLC (Longfellow or Sub-Advisor), seeks to purchase securities of companies that are involved in corporate reorganizations, such as publicly announced mergers, takeovers, tender offers, debt restructurings, minority purchases, leveraged buyouts, spin-offs, and liquidations. Merger arbitrage is an investment strategy designed to profit from the successful completion of these types of transactions. Longfellow also participates in other forms of arbitrage. The Fund is permitted to hold long and short equity positions, foreign securities including foreign depositary receipts, restricted securities including 144A securities (securities issued pursuant to Rule 144A under the Securities Act of 1933), and convertible securities.

The Fund invests in companies of any size in seeking to achieve its investment goal. In acting on merger arbitrage opportunities, Longfellow primarily buys securities of companies being acquired (the target company) in publicly announced transactions where the terms of the transaction have been largely defined and disclosed. Longfellow may engage in selling securities short when the terms of a proposed corporate reorganization require the exchange of common stock and/or other securities. In such a case, the common stock of the target company may be purchased and, at approximately the same time, some amount of the acquiring companys common stock and/or other securities may be sold short depending on the terms of the transaction. The Funds investment strategy is designed to capture the arbitrage spread represented by the difference between the market price of the securities of the target company and the value that is offered for these securities by the acquiring company.

Under normal market conditions, merger arbitrage investments are expected to represent 60% or more of the Funds assets under management. The Fund may engage in frequent and active trading of portfolio securities as a part of its principal investment strategy. Dependent upon the level of corporate restructuring activity, the market, or other conditions and as determined by Longfellow, in addition to equities, the Fund may invest in any combination of cash, cash equivalents and/or fixed-income securities, including investment-grade corporate bonds, non-investment-grade debt securities (also known as junk bonds), and convertible bonds. The Fund may also gain exposure to fixed-income securities through investments in other registered investment companies, specifically closed-end funds. The Fund is non-diversified and may invest a significant percentage of its assets in the securities of a single company.

C000261019 Holdings

Top 10 holdings of Touchstone Ares Credit Opportunities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

Holding% of net assets
Short-Term Investments Trust4.89%
Dreyfus Government Cash Management Funds2.07%
Onemain Finance Corp.1.10%
Enviva, Inc.1.03%
Venture Global Lng, Inc.0.93%
Ard Holdings SA0.85%
American Builders & Contractors Supply Co., Inc.0.82%
Madison Iaq LLC0.82%
Altice France Sas0.81%
Light And Wonder International, Inc.0.80%

View all C000261019 holdings

C000261019 Portfolio Allocation

Asset-class allocation of Touchstone Ares Credit Opportunities Fund by percentage of net assets, from the latest SEC N-PORT filing.

Asset classAllocation
Fixed Income81.0%
Loans8.1%
Cash & Equivalents7.0%
Equity4.5%
Securitized4.1%

C000261019 Performance

Total returns for C000261019 (as of 2026-10-01), from SEC filings.

PeriodTotal return
YTD1.7%
1 year4.4%

C000261019 Risk Information

Risk metrics for C000261019, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 2.1%

C000261019 Costs and Fees

C000261019 costs about $59 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.59%
  • Gross expense ratio: 698.97%
  • Portfolio turnover: 47%
  • Brokerage commissions: 0.53 bps of average net assets (SEC N-CEN)

C000261019 Cashflows

Over the 12 months to 2026-06, Touchstone Ares Credit Opportunities Fund had net inflows of $81.37M, from monthly SEC N-PORT filings.

MonthNet flow
2026-06−$3.00M
2026-05$9.75M
2026-04−$44.34M
2026-03−$19.81M
2026-02$12.39M
2026-01$14.15M

C000261019 Debt Constituents

Largest debt holdings of Touchstone Ares Credit Opportunities Fund by percentage of net assets, from the latest SEC N-PORT filing.

Debt holding% of net assets
Onemain Finance Corp.1.10%
Venture Global Lng, Inc.0.93%
American Builders & Contractors Supply Co., Inc.0.82%
Madison Iaq LLC0.82%
Altice France Sas0.81%
Light And Wonder International, Inc.0.80%
Western Midstream Operating LP0.78%
Itt Holdings LLC0.77%
Integer Holdings Corp.0.74%
Oneok, Inc.0.72%

C000261019 Prospectus and SEC Filings

Official Touchstone Ares Credit Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Intermediate Corporate Bond funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.