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Touchstone Mid Cap Value Fund

Daily NAV
$
Overall Morningstar Rating™
Mid-Cap Value
Active Share
87 %

Overview

Overview

Actively Managed and Sub-Advised by LMCG Investments, LLC

Objective

The fund seeks long-term capital growth by investing primarily in common stocks of mid-cap companies.

Touchstone Mid Cap Value Fund Commentary

Investment Style

  • Utilizes a classic value-driven fundamental investment process
  • Seeks to identify companies believed to be selling at a discount to their intrinsic value
  • Employs five valuation screens that seek to identify attractively priced securities
  • Conducts in-depth research and analysis on the securities that pass the valuation screens in an effort to identify leading companies selling at attractive valuations
  • Examines financial statements and assesses the company's management team, competitive strategy, and its current market position
A WORD ABOUT RISK

The Fund invests in equities which are subject to market volatility and loss. The Fund invests in stocks of mid-cap companies which may be subject to more erratic market movements than stocks of larger, more established companies. The Fund invests in value stocks which may not appreciate in value as anticipated or may experience a decline in value. Current and future portfolio holdings are subject to risk. The Advisor engages a sub-advisor to make investment decisions for the Fund’s portfolio; it may be unable to identify and retain a sub-advisor who achieves superior investment returns relative to other similar sub-advisors.

Fund Facts

Fund Facts for Share Class
Symbol
CUSIP
Share Class Inception Date
Total Share Class Net Assets as of 06/30/2019
Total Fund Net Assets as of 06/30/2019 $741,318,914
Asset Class US Equity
Morningstar Category Mid-Cap Value
Benchmark Russell Midcap® Value Index
Distribution Frequency Quarterly
Portfolio Turnover Rate
Fiscal Year End
Prospectus Date 01/30/2019

Performance

Daily Returns as of
NAV NAV $ Change
Touchstone Mid Cap Value Fund -
HISTORICAL DAILY NAV
as of 08/31/2019
1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Touchstone Mid Cap Value Fund -
Including Sales Charge
Touchstone Mid Cap Value Fund -
Excluding Sales Charge
Russell Midcap® Value Index -3.53% 3.85% 14.81% -3.13% 6.54% 5.88% 12.46% --
Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time, the investment advisor may waive some fees and/or reimburse expenses, which if not waived or reimbursed, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends and capital gains. The maximum front-end sales charge for Class A Shares of Touchstone U.S. Equity, International/Global Equity and Multi-Asset/Alternative Investment Funds excluding Touchstone Flexible Income Fund is 5.00%.
Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time, the investment advisor may waive some fees and/or reimburse expenses, which if not waived or reimbursed, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends and capital gains. Performance for Class C Shares is adjusted for the contingent deferred sales charges (CDSC) in effect at the end of the specified period. The CDSC for Class C Shares is 1.00% the first year you hold the shares and declines to 0% after the first year.
Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time, the investment advisor may waive some fees and/or reimburse expenses, which if not waived or reimbursed, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends and capital gains. Class Y Shares are sold at net asset value (NAV), without an initial sales charge and are not subject to a 12b-1 fee or contingent deferred sales charges.
Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time, the investment advisor may waive some fees and/or reimburse expenses, which if not waived or reimbursed, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends and capital gains. Class INST Shares are sold at net asset value (NAV), without an initial sales charge and are not subject to a 12b-1 fee or contingent deferred sales charges.
as of 06/30/2019
1 Year 3 Year 5 Year 10 Year Since Inception
Touchstone Mid Cap Value Fund -
Including Sales Charge
Touchstone Mid Cap Value Fund -
Excluding Sales Charge
Russell Midcap® Value Index 3.68% 8.95% 6.72% 14.56% --
Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time, the investment advisor may waive some fees and/or reimburse expenses, which if not waived or reimbursed, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends and capital gains. The maximum front-end sales charge for Class A Shares of Touchstone U.S. Equity, International/Global Equity and Multi-Asset/Alternative Investment Funds excluding Touchstone Flexible Income Fund is 5.00%.
Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time, the investment advisor may waive some fees and/or reimburse expenses, which if not waived or reimbursed, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends and capital gains. Performance for Class C Shares is adjusted for the contingent deferred sales charges (CDSC) in effect at the end of the specified period. The CDSC for Class C Shares is 1.00% the first year you hold the shares and declines to 0% after the first year.
Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time, the investment advisor may waive some fees and/or reimburse expenses, which if not waived or reimbursed, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends and capital gains. Class Y Shares are sold at net asset value (NAV), without an initial sales charge and are not subject to a 12b-1 fee or contingent deferred sales charges.
Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time, the investment advisor may waive some fees and/or reimburse expenses, which if not waived or reimbursed, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends and capital gains. Class INST Shares are sold at net asset value (NAV), without an initial sales charge and are not subject to a 12b-1 fee or contingent deferred sales charges.

Consider Touchstone Mid Cap Value Fund for Your Portfolio

Seeking to provide long-term capital growth by Investing primarily in common stocks of mid-cap companies, Touchstone Mid Cap Value Fund utilizes a classic value-driven fundamental investment process to identify companies believed to be selling at a discount to their intrinsic value.
Contact Us Now

Morningstar Rating™

Portfolio

as of 06/30/2019
Number of Holdings
72
Active Share
87%
Weighted Average Market Capitalization
$12.9 B
Median Market Capitalization
$8.8 B
Price To Earnings Ratio
(Weighted Harmonic Average)
17.6x
Price to Book Ratio
(Weighted Harmonic Average)
1.9x
as of 06/30/2019
Composition % of Portfolio
Equities 98.6
Cash Equivalents 1.4
Data may not total due to rounding.
For the data illustrated for Touchstone Domestic Equity Funds, Morningstar is the source. For the data illustrated for Touchstone Fixed Income Funds,  International/Global Equity Funds and Multi-Asset & Alternative Funds, the fund’s sub-advisor is the source. All holdings data is sourced from BNY Mellon Asset Servicing.
as of 06/30/2019
Sector % of Portfolio
Financials 15.9
Utilities 11.5
Information Technology 11.0
Materials 10.8
Consumer Discretionary 9.9
Consumer Staples 9.6
Industrials 9.4
Real Estate 9.3
Healthcare 7.8
Energy 4.5
Communication Services 0.0
There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular sector. Holdings are subject to change. Calculations for sectors and top holdings exclude cash equivalents. Data may not total due to rounding. 
For the data illustrated for Touchstone Domestic Equity Funds, Morningstar is the source. For the data illustrated for Touchstone Fixed Income Funds,  International/Global Equity Funds and Multi-Asset & Alternative Funds, the fund’s sub-advisor is the source. All holdings data is sourced from BNY Mellon Asset Servicing.
as of 08/31/2019
Security Description % of Portfolio
EVERGY INC 2.9
FIDELITY NATIONAL INFORMATION 2.5
MACOM TECHNOLOGY SOLUTIONS HOL 2.3
LKQ CORP 2.3
TREEHOUSE FOODS INC 2.3
NISOURCE INC 2.3
LEIDOS HOLDINGS INC 2.3
ALEXANDRIA REAL ESTATE EQUITIE 2.1
ENTERGY CORP 2.1
DARLING INGREDIENTS INC 2.0
There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular sector. Holdings are subject to change. Calculations for sectors and top holdings exclude cash equivalents. Data may not total due to rounding. 
For the data illustrated for Touchstone Domestic Equity Funds, Morningstar is the source. For the data illustrated for Touchstone Fixed Income Funds,  International/Global Equity Funds and Multi-Asset & Alternative Funds, the fund’s sub-advisor is the source. All holdings data is sourced from BNY Mellon Asset Servicing.
as of 06/30/2019
Security Description
Country
Shares Par Value
Current Price ($)
Market Value ($)
% of Portfolio
AERCAP HOLDINGS NV NL 220,077 52.01 11,446,205 1.53
AGNC INVESTMENT CORP US 609,725 16.82 10,255,575 1.38
ALEXANDRIA REAL ESTATE EQUITIE US 101,997 141.09 14,390,757 1.93
ALLEGHENY TECHNOLOGIES INC US 275,942 25.20 6,953,738 0.93
ALLSTATE CORP/THE US 129,224 101.69 13,140,789 1.76
AMERICAN CAMPUS COMMUNITIES IN US 269,170 46.16 12,424,887 1.67
AMERIPRISE FINANCIAL INC US 95,649 145.16 13,884,409 1.86
AMERISOURCEBERGEN CORP US 61,932 85.26 5,280,322 0.71
ARAMARK US 121,889 36.06 4,395,317 0.59
BERRY GLOBAL GROUP INC US 243,918 52.59 12,827,648 1.72
BORGWARNER INC US 206,674 41.98 8,676,175 1.16
BRIXMOR PROPERTY GROUP INC US 512,524 17.88 9,163,929 1.23
CARTER'S INC US 98,329 97.54 9,591,011 1.29
CENTENE CORP US 173,769 52.44 9,112,446 1.22
CHARLES RIVER LABORATORIES INT US 53,338 141.90 7,568,662 1.01
CIMAREX ENERGY CO US 141,357 59.33 8,386,711 1.12
CLEAN HARBORS INC US 171,970 71.10 12,227,067 1.64
CONDUENT INC US 851,984 9.59 8,170,527 1.10
CONSTELLATION BRANDS INC US 47,891 196.94 9,431,654 1.26
DARLING INGREDIENTS INC US 751,304 19.89 14,943,437 2.00
DENTSPLY SIRONA INC US 235,171 58.36 13,724,580 1.84
DIAMONDBACK ENERGY INC US 112,158 108.97 12,221,857 1.64
DOLLAR GENERAL CORP US 68,986 135.16 9,324,148 1.25
DOLLAR TREE INC US 109,333 107.39 11,741,271 1.57
DOVER CORP US 76,793 100.20 7,694,659 1.03
DREYFUS GOVERNMENT CASH MANAGE 12/01/2099 US 10,051,717 1.00 10,051,717 1.35
DTE ENERGY CO US 105,356 127.88 13,472,925 1.81
EDISON INTERNATIONAL US 125,698 67.41 8,473,302 1.14
ENCOMPASS HEALTH CORP US 205,099 63.36 12,995,073 1.74
ENTERGY CORP US 117,656 102.93 12,110,332 1.62
EQT CORP US 259,154 15.81 4,097,225 0.55
EQUINIX INC US 21,020 504.29 10,600,176 1.42
EQUITRANS MIDSTREAM CORP US 159,697 19.71 3,147,628 0.42
EVERGY INC US 317,277 60.15 19,084,212 2.56
FIDELITY NATIONAL INFORMATION US 130,494 122.68 16,009,004 2.15
FMC CORP US 173,094 82.95 14,358,147 1.93
HAIN CELESTIAL GROUP INC/THE US 341,119 21.90 7,470,506 1.00
HARTFORD FINANCIAL SERVICES GR US 216,785 55.72 12,079,260 1.62
HOST HOTELS & RESORTS INC US 474,434 18.22 8,644,187 1.16
INGREDION INC US 75,898 82.49 6,260,826 0.84
ISHARES RUSSELL MID-CAP VALUE US 83,873 89.13 7,475,600 1.00
KROGER CO/THE US 355,085 21.71 7,708,895 1.03
LEIDOS HOLDINGS INC US 187,629 79.85 14,982,176 2.01
LIVENT CORP US 598,016 6.92 4,138,271 0.55
LKQ CORP US 637,799 26.61 16,971,831 2.28
M&T BANK CORP US 45,003 170.07 7,653,660 1.03
MACOM TECHNOLOGY SOLUTIONS HOL US 857,593 15.13 12,975,382 1.74
MICHAELS COS INC/THE US 363,832 8.70 3,165,338 0.42
MID-AMERICA APARTMENT COMMUNIT US 91,699 117.76 10,798,474 1.45
NEWELL BRANDS INC US 511,819 15.42 7,892,249 1.06
NISOURCE INC US 560,631 28.80 16,146,173 2.17
OLIN CORP US 334,206 21.91 7,322,453 0.98
PACWEST BANCORP US 230,657 38.83 8,956,411 1.20
PARKER-HANNIFIN CORP US 40,630 170.01 6,907,506 0.93
PATTERSON COS INC US 261,976 22.90 5,999,250 0.80
PINNACLE FINANCIAL PARTNERS IN US 193,272 57.48 11,109,275 1.49
PINNACLE WEST CAPITAL CORP US 139,352 94.09 13,111,630 1.76
PTC INC US 116,246 89.76 10,434,241 1.40
QORVO INC US 124,428 66.61 8,288,149 1.11
QUEST DIAGNOSTICS INC US 117,668 101.81 11,979,779 1.61
REGAL BELOIT CORP US 151,514 81.71 12,380,209 1.66
REINSURANCE GROUP OF AMERICA I US 82,670 156.03 12,899,000 1.73
RPM INTERNATIONAL INC US 190,028 61.11 11,612,611 1.56
SCOTTS MIRACLE-GRO CO/THE US 102,851 98.50 10,130,824 1.36
SIGNATURE BANK/NEW YORK NY US 100,304 120.84 12,120,735 1.63
SNAP-ON INC US 64,753 165.64 10,725,687 1.44
STERICYCLE INC US 154,618 47.75 7,383,010 0.99
STERLING BANCORP/DE US 599,850 21.28 12,764,808 1.71
SYNOPSYS INC US 80,271 128.69 10,330,075 1.39
TREEHOUSE FOODS INC US 242,517 54.10 13,120,170 1.76
TYSON FOODS INC US 136,675 80.74 11,035,140 1.48
VALVOLINE INC US 580,381 19.53 11,334,841 1.52
There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular sector. Holdings are subject to change. Calculations for sectors and top holdings exclude cash equivalents. Data may not total due to rounding. 
For the data illustrated for Touchstone Domestic Equity Funds, Morningstar is the source. For the data illustrated for Touchstone Fixed Income Funds,  International/Global Equity Funds and Multi-Asset & Alternative Funds, the fund’s sub-advisor is the source. All holdings data is sourced from BNY Mellon Asset Servicing.

Management

Management

Actively Managed and Sub-Advised by LMCG Investments, LLC
R Todd Vingers

R. Todd Vingers, CFA

Investment Experience since 1990

Career Summary 
LMCG Investments, LLC 
American Century Investments 
Hawthorne Company  

Education 
MBA - University of Chicago Booth School of Business 
BA - University of St. Thomas 
Jay Willadsen

Jay C. Willadsen, CFA

Investment Experience since 1998

Career Summary 
LMCG Investments, LLC 
Independence Investment, LLC 
Indiana University Foundation 
Comptroller of Currency, Omaha, NE 

Education 
MBA - Indiana University 
BA - Buena Vista University 

Fees

Expense Fees for Share Class
Total Annual Fund Operating Expense Ratio
Net Annual Fund Operating Expense Ratio
Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit certain annual fund operating expenses (excluding Acquired Fund Fees and Expenses “AFFE,” and other expenses, if any) to 1.22% for Class A Shares, 1.97% for Class C Shares, 0.97% for Class Y Shares and 0.84% for Class INST Shares. These expense limitations will remain in effect until at least 01/29/2020.

Distributions

Capital Gain and Income Distribution as of
Pay Date Income Distribution Short Term Capital Gains Per Share Long Term Capital Gains Per Share Total Capital Gains Per Share

Resources

Consider Touchstone Mid Cap Value Fund for Your Portfolio

Seeking to provide long-term capital growth by Investing primarily in common stocks of mid-cap companies, Touchstone Mid Cap Value Fund utilizes a classic value-driven fundamental investment process to identify companies believed to be selling at a discount to their intrinsic value.
Contact Us Now

Please consider the investment objectives, risks, charges and expenses of the fund carefully before investing. The prospectus and the summary prospectus contain this and other information about the Fund. To obtain a prospectus or a summary prospectus, contact your financial advisor or download and/or request one on the resources section or call Touchstone at 800-638-8194. Please read the prospectus and/or summary prospectus carefully before investing.

Investment return and principal value of an investment in a Fund will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. All investing involves risk.

Touchstone Funds are distributed by Touchstone Securities, Inc.*
*A registered broker-dealer and member FINRA/SIPC.

Not FDIC Insured | No Bank Guarantee | May Lose Value

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