TSDCX Fees and Costs — Touchstone Ultra Short Duration Fixed Income Fund, Class C
Data updated: 2026-08-26
The net expense ratio is 1.14%: a 0.17% management fee, a 0.75% 12b-1 fee plus 0.46% other expenses, less a 0.24% fee waiver. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 80%.
TSDCX Fees and Expenses
Annual operating expenses and sales charges of TSDCX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.17% |
| 12b-1 fee | 0.75% |
| Other expenses | 0.46% |
| Gross expense ratio | 1.38% |
| Fee waiver | −0.24% |
| Net expense ratio | 1.14% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
TSDCX Costs Over Time
On $10,000 invested in TSDCX, assuming 5% a year before costs, total costs come to $711 over 5 years, cutting the return by 1.20% 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 | $104 | $0 | $0 |
| Fund expenses (net expense ratio 1.14%) | $120 | $373 | $646 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $224 | $391 | $711 |
| Value after costs | $10,276 | $11,185 | $12,052 |
| Impact on return, per year | 2.24% | 1.20% | 1.20% |
TSDCX 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): $10.0B
- Portfolio turnover (prospectus): 80%
- Securities lending: none during the year
TSDCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $1.8B | 19.78% |
| BOFA Securities, Inc. | $1.3B | 13.67% |
| J.P. Morgan Securities LLC | $1.3B | 13.59% |
| MUFG Securities Americas Inc. | $1.1B | 11.89% |
| Mizuho Securities USA LLC | $789.6M | 8.50% |
| Barclays Capital Inc. | $756.9M | 8.15% |
| Truist Securities, Inc. | $731.0M | 7.87% |
| BNY Mellon Capital Markets, LLC | $696.5M | 7.50% |
| Goldman Sachs & Co. LLC | $449.0M | 4.83% |
| Citigroup Global Markets Inc. | $391.9M | 4.22% |
Touchstone Ultra Short Duration Fixed Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TSDIX | Institutional Class | 0.35% | none |
| TSYYX | Class Y | 0.40% | none |
| TSDAX | Class A | 0.65% | 2.00% |
| TSDOX | Class Z | 0.65% | none |
| SSSGX | Class S | 0.90% | none |
| TSDCX | Class C | 1.14% | 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.