THYAX Fees and Costs — Touchstone High Yield Fund, Class A
Data updated: 2026-08-26
The net expense ratio is 0.99%: a 0.55% management fee, a 0.25% 12b-1 fee plus 0.55% other expenses, less a 0.36% fee waiver. This share class carries a maximum front-end sales load of 3.25%. Portfolio turnover was 47%.
THYAX Fees and Expenses
Annual operating expenses and sales charges of THYAX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.55% |
| Gross expense ratio | 1.35% |
| Fee waiver | −0.36% |
| Net expense ratio | 0.99% |
| Sales charges | |
|---|---|
| Max front load | 3.25% |
| 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 |
THYAX Costs Over Time
On $10,000 invested in THYAX, assuming 5% a year before costs, total costs come to $1,014 over 5 years, cutting the return by 1.72% 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 |
| Sales charges | $325 | $325 | $325 |
| Fund expenses (net expense ratio 0.99%) | $101 | $314 | $544 |
| Lost growth on money paid in costs | $16 | $67 | $145 |
| Total costs | $442 | $706 | $1,014 |
| Value after costs | $10,058 | $10,871 | $11,749 |
| Impact on return, per year | 4.42% | 2.18% | 1.72% |
THYAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $87.7M
- Portfolio turnover (prospectus): 47%
- Securities on loan, average value: $561K
- Net income from securities lending: $6K (0.006% of average net assets)
THYAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $15.1M | 22.99% |
| Morgan Stanley & Co. LLC | $9.2M | 13.97% |
| Jefferies LLC | $7.5M | 11.35% |
| Goldman Sachs & Co. LLC | $6.4M | 9.70% |
| Barclays Capital Inc. | $5.6M | 8.49% |
| J.P. Morgan Securities LLC | $5.5M | 8.43% |
| MarketAxess Corporation | $5.1M | 7.69% |
| RBC Capital Markets, LLC | $4.6M | 6.98% |
| UBS Securities LLC | $3.5M | 5.34% |
| Pershing LLC | $3.3M | 5.05% |
Touchstone High Yield Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| THIYX | Institutional Class | 0.72% | none |
| THYYX | Class Y | 0.80% | none |
| THYAX | Class A | 0.99% | 3.25% |
| THYCX | Class C | 1.72% | 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.