TVOYX Fees and Costs — Touchstone Small Cap Value Fund, Class Y
Data updated: 2026-08-26
The net expense ratio is 1.11%: a 0.83% management fee plus 0.35% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $83K in broker commissions, 0.0539% of average net assets, and portfolio turnover was 19%.
TVOYX Fees and Expenses
Annual operating expenses and sales charges of TVOYX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.83% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.35% |
| Gross expense ratio | 1.18% |
| Fee waiver | −0.07% |
| Net expense ratio | 1.11% |
| 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 |
TVOYX Costs Over Time
On $10,000 invested in TVOYX, assuming 5% a year before costs, total costs come to $726 over 5 years, cutting the return by 1.22% 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 1.11%) | $117 | $363 | $628 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| Lost growth on money paid in costs | $0 | $19 | $67 |
| Total costs | $122 | $400 | $726 |
| Value after costs | $10,378 | $11,177 | $12,037 |
| Impact on return, per year | 1.22% | 1.22% | 1.22% |
TVOYX 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): 0.0539%
- Total broker commissions: $83K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 19%
- Securities on loan, average value: $448K
- Net income from securities lending: $2K (0.001% of average net assets)
TVOYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Piper Sandler & Co. | $26K | 32.41% |
| Robert W. Baird & Co. Incorporated | $19K | 23.49% |
| Keefe, Bruyette & Woods, Inc. | $11K | 13.38% |
| Jefferies LLC | $7K | 8.60% |
| Wells Fargo Securities, LLC | $4K | 4.93% |
| KeyBanc Capital Markets Inc. | $3K | 4.18% |
| Raymond James & Associates, Inc. | $3K | 3.89% |
| Goldman Sachs & Co. LLC | $3K | 3.51% |
| Luminex Trading & Analytics LLC | $3K | 3.35% |
| Stifel, Nicolaus & Company, Incorporated | $2K | 2.28% |
Touchstone Small Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TVOIX | Institutional Class | 0.95% | none |
| TVOYX | Class Y | 1.11% | none |
| TVOAX | Class A | 1.36% | 5.00% |
| TVOCX | Class C | 2.00% | 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.