4 / 5 Stars
2 2 2 4 5
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 200 Conservative Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 7.49 percent over the past year, 8.78 percent over the past three years, 7.08 percent over the past five years, and 5.35 percent over the past decade.
|Trailing Returns||Updated 05.31.2013|
|Year to date||2.2%|
|3 Years (Annualized)||8.8%|
|5 Years (Annualized)||7.1%|
|10 Years (Annualized)||5.3%|
The investment seeks a high level of income consistent with reasonable risk; capital appreciation is a secondary objective. Under normal circumstances, the fund invests at least 80% of its assets in income-producing securities such as debt securities, common stocks, and preferred stocks. Debt securities in which the fund may invest include, but are not limited to, U.S. government agency securities and variable or floating-rate instruments. It normally invests in equity securities of companies with a market capitalization of approximately $400 million or higher. The fund may also invest in equity securities of Real Estate Investment Trusts ("REITs").
Fees are High compared to funds in the same category.
Touchstone Strategic Income Fund has an expense ratio of 0.95 percent.
Risk is Average compared to funds in the same category according to Morningstar.