Key stats
About Touchstone Securitized Income ETF
Home page
Inception date
Jul 17, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Touchstone Advisors, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US89157W7074
TSEC seeks total return through income and capital appreciation by investing in a diversified portfolio of securitized fixed income securities. Touchstone promotes their ability to select asset managers to sub-advise their funds. As such, very few limitations are placed on the portfolio managers. The underlying securities may include residential and commercial mortgage-backed securities, asset-backed securities, and collateralized loan obligations. The CLOs may include US and foreign senior secured and unsecured loans. At least 50% of the portfolio aims to target investmentgrade securities and no more than 15% will be in unrated debt. Securities selected for the portfolio are believed to be attractively priced relative to the market or other similar securities. Factors taken into consideration are yield, credit quality, duration, liquidity and volatility. The fund aims for an effective duration between one and four years, but may invest in securities of any maturity.
Related funds
Classification
What's in the fund
Exposure type
Securitized
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TSEC trades at 26.37 USD today, its price has fallen −0.08% in the past 24 hours. Track more dynamics on TSEC price chart.
TSEC net asset value is 26.36 today — it's risen 1.07% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TSEC assets under management is 114.71 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TSEC price has risen by 0.27% over the last month, and its yearly performance shows a −0.57% decrease. See more dynamics on TSEC price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.65% increase in three-month performance and has increased by 5.95% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.65% increase in three-month performance and has increased by 5.95% in a year.
TSEC fund flows account for 6.53 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TSEC invests in bonds. See more details in our Analysis section.
TSEC expense ratio is 0.41%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TSEC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TSEC technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TSEC shows the strong buy signal. See more of TSEC technicals for a more comprehensive analysis.
Today, TSEC technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TSEC shows the strong buy signal. See more of TSEC technicals for a more comprehensive analysis.
Yes, TSEC pays dividends to its holders with the dividend yield of 5.85%.
TSEC trades at a premium (0.00%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TSEC shares are issued by Western & Southern Mutual Holding Co.
TSEC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 17, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.