SIBLX Fees and Costs — Touchstone Balanced Fund, Class Y
Data updated: 2026-09-04
The net expense ratio is 0.77%: a 0.48% management fee plus 0.29% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $185K in broker commissions, 0.0187% of average net assets, and portfolio turnover was 82%.
SIBLX Fees and Expenses
Annual operating expenses and sales charges of SIBLX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 0.77% |
| Fee waiver | — |
| Net expense ratio | 0.77% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
SIBLX Costs Over Time
On $10,000 invested in SIBLX, assuming 5% a year before costs, total costs come to $495 over 5 years, cutting the return by 0.83% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.77%) | $81 | $253 | $439 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $83 | $272 | $495 |
| Value after costs | $10,417 | $11,304 | $12,267 |
| Impact on return, per year | 0.83% | 0.83% | 0.83% |
SIBLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0187%
- Total broker commissions: $185K
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 82%
- Securities on loan, average value: $3.4M
- Net income from securities lending: $20K (0.002% of average net assets)
SIBLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $161K | 86.71% |
| Cowen and Company, LLC | $7K | 3.91% |
| UBS Securities LLC | $6K | 3.04% |
| SG Americas Securities, LLC | $5K | 2.70% |
| Morgan Stanley & Co. LLC | $3K | 1.40% |
| Keefe, Bruyette & Woods, Inc. | $2K | 0.89% |
| National Financial Services LLC | $2K | 0.83% |
| J.P. Morgan Securities LLC | $807 | 0.44% |
| Virtu Americas LLC | $190 | 0.10% |
SIBLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $301.3M | 21.00% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $229.3M | 15.99% |
| Goldman Sachs & Co. LLC | $178.8M | 12.46% |
| Barclays Capital Inc. | $155.4M | 10.83% |
| BMO Capital Markets Corp. | $108.2M | 7.54% |
| TD Securities (USA) LLC | $107.0M | 7.46% |
| J.P. Morgan Securities LLC | $104.2M | 7.26% |
| Morgan Stanley & Co. LLC | $102.5M | 7.15% |
| SMBC Nikko Securities America, Inc. | $98.8M | 6.88% |
| BNP Paribas Securities Corp. | $49.2M | 3.43% |
Touchstone Balanced Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TBARX | Class R6 | 0.63% | none |
| SIBLX | Class Y | 0.77% | none |
| SEBLX | Class A | 0.99% | 5.00% |
| SBACX | Class C | 1.76% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.