TSMYX Fees and Costs — Touchstone Dynamic Allocation Fund, Class Y
Data updated: 2023-11-24
The net expense ratio is 0.91% (1.66% before fee waivers). There are no sales loads or redemption fees. In fiscal 2022 the fund paid $3K in broker commissions, 0.0048% of average net assets, and portfolio turnover was 60%.
TSMYX Fees and Expenses
Annual operating expenses and sales charges of TSMYX. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.74% |
| Gross expense ratio | 1.66% |
| Fee waiver | −0.75% |
| Net expense ratio | 0.91% |
| 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 |
TSMYX Costs Over Time
On $10,000 invested in TSMYX, assuming 5% a year before costs, total costs come to $573 over 5 years, cutting the return by 0.96% 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 0.91%) | $96 | $298 | $518 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $96 | $315 | $573 |
| Value after costs | $10,404 | $11,261 | $12,190 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
TSMYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0048%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $72.0M
- Portfolio turnover (prospectus): 60%
- Securities on loan, average value: $510K
- Net income from securities lending: $2K (0.003% of average net assets)
TSMYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $3K | 100.00% |
TSMYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Touchstone Impact Bond Fund | $21.0M | 31.90% |
| Touchstone International ESG Equity Fund | $10.9M | 16.64% |
| Touchstone Active Bond Fund | $7.0M | 10.59% |
| Touchstone Ultra Short Duration Fixed Income Fund | $4.8M | 7.33% |
| Touchstone High Yield Fund | $4.3M | 6.56% |
| Touchstone International Growth Fund | $4.0M | 6.13% |
| Touchstone Sands Capital Emerging Markets Growth Fund | $4.0M | 6.02% |
| Touchstone Value Fund | $3.3M | 4.99% |
| Touchstone Growth Opportunities Fund | $3.2M | 4.91% |
| Touchstone Sands Capital Select Growth Fund | $3.2M | 4.91% |
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.