Skip to Main Navigation Skip to Main Content

Touchstone Small Cap Value Fund

Daily NAV
$
Overall Morningstar Rating™
Small Value
Active Share
92 %

Overview

Overview

Actively Managed and Sub-Advised by LMCG Investments, LLC

Objective

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

Small 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 small-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. The Fund’s investments in other investment companies will be subject to substantially the same risks as those associated with the direct ownership of the securities comprising the portfolios of such investment companies, and the value of the Fund's investment will fluctuate in response to the performance of such portfolios. In addition, if the Fund acquires shares of investment companies, shareholders of the Fund will bear their proportionate share of the fees and expenses of the Fund and, indirectly, the fees and expenses of the investment companies. 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 $97,056,349
Asset Class US Equity
Morningstar Category Small Value
Benchmark Russell 2000® 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 Small Cap Value Fund -
HISTORICAL DAILY NAV
as of 07/31/2019
1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Touchstone Small Cap Value Fund -
Including Sales Charge
Touchstone Small Cap Value Fund -
Excluding Sales Charge
Russell 2000® Value Index 0.16% -2.16% 13.65% -7.71% 7.96% 6.74% 11.19% --
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.
The performance presented for Class A, C, Y and INST Shares combines the performance of a predecessor class of shares (Z Shares). Class Z Shares inception date was 03/04/02. Class Z Shares were merged into Class A Shares on 06/10/11.
as of 06/30/2019
1 Year 3 Year 5 Year 10 Year Since Inception
Touchstone Small Cap Value Fund -
Including Sales Charge
Touchstone Small Cap Value Fund -
Excluding Sales Charge
Russell 2000® Value Index -6.24% 9.81% 5.39% 12.40% --
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.
The performance presented for Class A, C, Y and INST Shares combines the performance of a predecessor class of shares (Z Shares). Class Z Shares inception date was 03/04/02. Class Z Shares were merged into Class A Shares on 06/10/11.

Consider Touchstone Small Cap Value Fund for Your Portfolio

Investing primarily in stocks of small-cap companies, Touchstone Small 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. It seek long-term capital growth for its investors.
Contact Us Now

Morningstar Rating™

Portfolio

as of 06/30/2019
Number of Holdings
91
Active Share
92%
Weighted Average Market Capitalization
$3.1 B
Median Market Capitalization
$2.7 B
Price To Earnings Ratio
(Weighted Harmonic Average)
16.6x
Price to Book Ratio
(Weighted Harmonic Average)
1.7x
as of 06/30/2019
Composition % of Portfolio
Equities 97.5
Cash Equivalents 2.5
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
Industrials 22.8
Financials 18.6
Materials 12.0
Information Technology 11.5
Consumer Staples 9.4
Consumer Discretionary 6.6
Utilities 5.3
Real Estate 4.5
Communication Services 3.5
Healthcare 3.4
Energy 2.3
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 07/31/2019
Security Description % of Portfolio
MACOM TECHNOLOGY SOLUTIONS HOL 2.8
ISHARES RUSSELL 2000 VALUE ETF 2.6
STERLING BANCORP/DE 2.4
TREEHOUSE FOODS INC 2.3
DARLING INGREDIENTS INC 2.1
IBERIABANK CORP 2.1
BLACKSTONE MORTGAGE TRUST INC 2.0
CACI INTERNATIONAL INC 2.0
MURPHY USA INC 2.0
PORTLAND GENERAL ELECTRIC CO 1.9
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
ACTUANT CORP US 29,540 24.81 732,887 0.75
ALLEGHENY TECHNOLOGIES INC US 45,395 25.20 1,143,954 1.18
ALTRA INDUSTRIAL MOTION CORP US 27,210 35.88 976,295 1.00
AMERICOLD REALTY TRUST US 32,292 32.42 1,046,907 1.08
BANC OF CALIFORNIA INC US 39,234 13.97 548,099 0.56
BANK OF NT BUTTERFIELD & SON L BM 40,561 33.96 1,377,452 1.42
BANKUNITED INC US 45,315 33.74 1,528,928 1.57
BELDEN INC US 12,593 59.57 750,165 0.77
BLACK HILLS CORP US 12,214 78.17 954,768 0.98
BLACKSTONE MORTGAGE TRUST INC US 55,341 35.58 1,969,033 2.02
BWX TECHNOLOGIES INC US 25,827 52.10 1,345,587 1.38
CABOT CORP US 14,064 47.71 670,993 0.69
CACI INTERNATIONAL INC US 9,127 204.59 1,867,293 1.92
CALLAWAY GOLF CO US 37,947 17.16 651,171 0.67
CALLON PETROLEUM CO US 121,485 6.59 800,586 0.82
CAL-MAINE FOODS INC US 17,801 41.72 742,658 0.76
CARRIZO OIL & GAS INC US 53,919 10.02 540,268 0.56
CARTER'S INC US 10,827 97.54 1,056,066 1.09
CHARLES RIVER LABORATORIES INT US 7,803 141.90 1,107,246 1.14
CHEMICAL FINANCIAL CORP US 15,556 41.11 639,507 0.66
CIRCOR INTERNATIONAL INC US 13,261 46.00 610,006 0.63
CLEAN HARBORS INC US 17,457 71.10 1,241,193 1.28
COGENT COMMUNICATIONS HOLDINGS US 14,513 59.36 861,492 0.89
COLUMBIA PROPERTY TRUST INC US 55,026 20.74 1,141,239 1.17
CONDUENT INC US 112,763 9.59 1,081,397 1.11
CORPORATE OFFICE PROPERTIES TR US 41,011 26.37 1,081,460 1.11
DARLING INGREDIENTS INC US 98,655 19.89 1,962,248 2.02
DEL FRISCO'S RESTAURANT GROUP US 56,836 7.96 452,415 0.46
DREYFUS GOVERNMENT CASH MANAGE 12/01/2099 US 2,417,462 1.00 2,417,462 2.48
EAGLE BANCORP INC US 18,021 54.13 975,477 1.00
EMCOR GROUP INC US 8,871 88.10 781,535 0.80
ENPRO INDUSTRIES INC US 15,223 63.84 971,836 1.00
EXLSERVICE HOLDINGS INC US 20,937 66.13 1,384,564 1.42
FEDERATED INVESTORS INC US 12,966 32.50 421,395 0.43
FIRST HORIZON NATIONAL CORP US 78,211 14.93 1,167,690 1.20
FNB CORP/PA US 141,037 11.77 1,660,005 1.71
GENERAC HOLDINGS INC US 21,380 69.41 1,483,986 1.53
HAIN CELESTIAL GROUP INC/THE US 45,295 21.90 991,961 1.02
HANOVER INSURANCE GROUP INC/TH US 4,549 128.30 583,637 0.60
HAWAIIAN ELECTRIC INDUSTRIES I US 20,705 43.55 901,703 0.93
HB FULLER CO US 18,652 46.40 865,453 0.89
HEXCEL CORP US 14,302 80.88 1,156,746 1.19
HOSTESS BRANDS INC US 94,396 14.44 1,363,078 1.40
HURON CONSULTING GROUP INC US 24,222 50.38 1,220,304 1.25
IBERIABANK CORP US 25,314 75.85 1,920,067 1.97
IDACORP INC US 10,108 100.43 1,015,146 1.04
INGEVITY CORP US 8,453 105.17 889,002 0.91
INTEGRA LIFESCIENCES HOLDINGS US 2,682 55.85 149,790 0.15
ISHARES RUSSELL 2000 VALUE ETF US 13,980 120.50 1,684,590 1.73
ITT INC US 24,961 65.48 1,634,446 1.68
KELLY SERVICES INC US 27,314 26.19 715,354 0.74
KORN FERRY US 26,809 40.07 1,074,237 1.10
LEXINGTON REALTY TRUST US 68,375 9.41 643,409 0.66
LIVENT CORP US 79,096 6.92 547,344 0.56
MACOM TECHNOLOGY SOLUTIONS HOL US 138,547 15.13 2,096,216 2.15
MANTECH INTERNATIONAL CORP/VA US 22,460 65.85 1,478,991 1.52
MASONITE INTERNATIONAL CORP CA 10,575 52.68 557,091 0.57
MATTHEWS INTERNATIONAL CORP US 17,991 34.85 626,986 0.64
MICHAELS COS INC/THE US 41,192 8.70 358,370 0.37
MILACRON HOLDINGS CORP US 102,406 13.80 1,413,203 1.45
MURPHY USA INC US 22,019 84.03 1,850,257 1.90
NEXSTAR MEDIA GROUP INC US 12,064 101.00 1,218,464 1.25
OLIN CORP US 46,464 21.91 1,018,026 1.05
OWENS-ILLINOIS INC US 55,925 17.27 965,825 0.99
OXFORD INDUSTRIES INC US 8,979 75.80 680,608 0.70
PATTERSON COS INC US 31,492 22.90 721,167 0.74
PERFORMANCE FOOD GROUP CO US 32,581 40.03 1,304,217 1.34
PORTLAND GENERAL ELECTRIC CO US 34,091 54.17 1,846,709 1.90
PRESTIGE CONSUMER HEALTHCARE I US 41,392 31.68 1,311,299 1.35
PROASSURANCE CORP US 19,904 36.11 718,733 0.74
REGAL BELOIT CORP US 14,300 81.71 1,168,453 1.20
SANDERSON FARMS INC US 4,951 136.56 676,109 0.69
SELECT ENERGY SERVICES INC US 40,667 11.61 472,144 0.49
SEMTECH CORP US 10,740 48.05 516,057 0.53
SENSIENT TECHNOLOGIES CORP US 22,513 73.48 1,654,255 1.70
SILGAN HOLDINGS INC US 26,376 30.60 807,106 0.83
SPECTRUM BRANDS HOLDINGS INC US 13,184 53.77 708,904 0.73
SPX FLOW INC US 11,374 41.86 476,116 0.49
SRC ENERGY INC COM US 62,230 4.96 308,661 0.32
STANDEX INTERNATIONAL CORP US 14,948 73.14 1,093,297 1.12
STERLING BANCORP/DE US 104,561 21.28 2,225,058 2.29
STEVEN MADDEN LTD US 17,214 33.95 584,415 0.60
TEAM INC US 80,399 15.32 1,231,713 1.27
TREEHOUSE FOODS INC US 31,983 54.10 1,730,280 1.78
TRIBUNE MEDIA CO US 24,055 46.22 1,111,822 1.14
TRIMAS CORP US 29,704 30.97 919,933 0.95
UNIVEST FINANCIAL CORP US 45,428 26.26 1,192,939 1.23
VALVOLINE INC US 72,587 19.53 1,417,624 1.46
VIAVI SOLUTIONS INC US 117,877 13.29 1,566,585 1.61
VISTA OUTDOOR INC US 46,404 8.88 412,068 0.42
WR GRACE & CO US 17,795 76.11 1,354,377 1.39
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 

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 1.38% for Class A Shares, 2.13% for Class C Shares, 1.13% for Class Y Shares and 0.98% 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 Small Cap Value Fund for Your Portfolio

Investing primarily in stocks of small-cap companies, Touchstone Small 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. It seek long-term capital growth for its investors.
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

All Russell® Indices are trademarks/service marks of the Frank Russell Company. Russell is a trademark of the Frank Russell Company. The Frank Russell Company (FRC) is the source and owner of the data contained or reflected in this material and all trademarks and copyrights related thereto. The material may contain confidential information and unauthorized use, disclosure, copying, dissemination or redistribution is strictly prohibited. This is a Touchstone Investments presentation of the data, and FRC is not responsible for the formatting or configuration of this material or for any inaccuracy in the presentation thereof.

MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.

©2019 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. 

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.