TOHIX Fees and Costs — Touchstone Core Municipal Bond Fund, Institutional Class
Data updated: 2026-09-04
The net expense ratio is 0.48%: a 0.40% management fee plus 0.39% other expenses, less a 0.31% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 15%.
TOHIX Fees and Expenses
Annual operating expenses and sales charges of TOHIX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.39% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.31% |
| Net expense ratio | 0.48% |
| 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 |
TOHIX Costs Over Time
On $10,000 invested in TOHIX, assuming 5% a year before costs, total costs come to $303 over 5 years, cutting the return by 0.50% 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 0.48%) | $50 | $158 | $276 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $50 | $166 | $303 |
| Value after costs | $10,450 | $11,410 | $12,459 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
TOHIX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $24.9M
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
TOHIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Tradeweb Direct LLC | $3.1M | 16.71% |
| J.P. Morgan Securities LLC | $3.1M | 16.39% |
| Stifel, Nicolaus & Company, Incorporated | $2.7M | 14.23% |
| BOFA Securities, Inc. | $2.2M | 11.53% |
| RBC Capital Markets, LLC | $2.1M | 10.98% |
| Morgan Stanley & Co. LLC | $1.6M | 8.31% |
| TD Securities (USA) LLC | $1.1M | 5.70% |
| Raymond James & Associates, Inc. | $1.0M | 5.48% |
| U.S. Bancorp Investments, Inc. | $1.0M | 5.43% |
| Goldman Sachs & Co. LLC | $989K | 5.25% |
Touchstone Core Municipal Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TOHIX | Institutional Class | 0.48% | none |
| TOHYX | Class Y | 0.55% | none |
| TOHAX | Class A | 0.80% | 3.25% |
| TOHCX | Class C | 1.49% | 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.