Skip to Main Navigation Skip to Main Content

Touchstone Small Cap Value Fund

Touchstone Small Cap Value Fund

Daily NAV
$
Overall Morningstar Rating™
Small Value

Morningstar

Overall Morningstar Rating™ is calculated against 393 funds in the Small Value category.

The Morningstar Rating™ for funds, or “star rating,” is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds and separate accounts) with at least a 3-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating™ does not include any adjustment for sales load. The top 10% of products in each product category receive five stars, the next 22.5% receive four stars, the next 35% receive three stars, the next 22.5% receive two stars, and the bottom 10% receive one star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% 3-year rating for 36-59 months of total returns, 60% 5-year rating/40% 3-year rating for 60-119 months of total returns, and 50% 10-year rating/30% 5-year rating/20% 3-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent 3-year period actually has the greatest impact because it is included in all three rating periods.
©2018 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.
Class A Shares star ratings do not include any front-end sales load and are intended for those investors who have access to such purchase terms.

Active Share
92 %

Active Share

Active Share measures the percentage of the Fund’s holdings that differ from those of the benchmark. It is calculated by taking the sum of the absolute difference between all of the holdings and weights in the portfolio and those of the benchmark holdings and weights and dividing the results by two.

Active
Closet Index
Passive
 100%-80%  80%-60%  60%-40% 40%-20%   20%-0%
Generally, a Fund with an active share of more than 60% is considered actively managed. Active Share is not a performance measurement. A high degree of Active Share does not assure outperformance of a fund relative to its benchmark index. 
 

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

Symbol
CUSIP
Share Class Inception Date
Total Share Class Net Assets as of 03/31/2019
Total Fund Net Assets as of 03/31/2019 $98,642,329
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 03/31/2019 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 -2.88% 11.93% 11.93% 0.17% 10.86% 5.59% 14.12% --
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 03/31/2019 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 0.17% 10.86% 5.59% 14.12% --
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 03/31/2019
Number of Holdings
90
Active Share
92%

Active Share

Active Share measures the percentage of the Fund’s holdings that differ from those of the benchmark. It is calculated by taking the sum of the absolute difference between all of the holdings and weights in the portfolio and those of the benchmark holdings and weights and dividing the results by two.

Active
Closet Index
Passive
 100%-80%  80%-60%  60%-40% 40%-20%   20%-0%
Generally, a Fund with an active share of more than 60% is considered actively managed. Active Share is not a performance measurement. A high degree of Active Share does not assure outperformance of a fund relative to its benchmark index. 
 
Weighted Average Market Capitalization
$3.3 B
Median Market Capitalization
$2.9 B
Price To Earnings Ratio
(Weighted Harmonic Average)
15.8x
Price to Book Ratio
(Weighted Harmonic Average)
1.7x
as of 03/31/2019
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 03/31/2019
Sector % of Portfolio
Industrials 22.2
Financials 18.6
Materials 12.4
Information Technology 10.7
Consumer Staples 9.5
Consumer Discretionary 6.1
Utilities 5.1
Real Estate 4.6
Communication Services 4.5
Healthcare 3.4
Energy 2.7
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 03/31/2019
Security Description % of Portfolio
IShares Russell 2000 Value ETF 2.6
MACOM Technology Solutions Holdings Inc. 2.5
Nexstar Media Group Inc. 2.4
Sterling Bancorp 2.1
Blackstone Mortgage Trust Inc. 2.1
Murphy USA Inc. 2.0
Iberiabank Corp. 2.0
Treehouse Foods, Inc. 2.0
Darling Ingredients Inc. 1.9
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 03/31/2019
Security Description
Country
Shares Par Value
Current Price ($)
Market Value ($)
% of Portfolio
ACTUANT CORP-A US 30,728 24.37 748,841 0.76
ALLEGHENY TECHNOLOGIES INC US 47,221 25.57 1,207,441 1.23
ALTRA INDUSTRIAL MOTION CORP US 28,305 31.05 878,870 0.89
AMERICOLD REALTY TRUST US 33,316 30.51 1,016,471 1.03
BANC OF CALIFORNIA INC US 40,812 13.84 564,838 0.57
BANK OF NT BUTTE BM 42,192 35.88 1,513,849 1.54
BANKUNITED INC US 47,138 33.40 1,574,409 1.60
BELDEN INC US 13,099 53.70 703,416 0.71
BLACK HILLS CORP US 12,706 74.07 941,133 0.96
BLACKSTONE MORTGAGE TRU-CL A US 57,567 34.56 1,989,516 2.02
BWX TECHNOLOGIES INC US 22,309 49.58 1,106,080 1.12
CABOT CORP US 1,723 41.63 71,728 0.07
CACI INTERNATIONAL INC -CL A US 9,495 182.02 1,728,280 1.76
CALLON PETROLEUM CO US 126,371 7.55 954,101 0.97
CARRIZO OIL & GAS INC US 56,088 12.47 699,417 0.71
CARTER'S INC US 11,263 100.79 1,135,198 1.15
CHARLES RIVER LABORATORIES US 8,116 145.25 1,178,849 1.20
CHEMICAL FINANCIAL CORP US 16,181 41.16 666,010 0.68
CIRCOR INTERNATIONAL INC US 13,794 32.60 449,684 0.46
CLEAN HARBORS INC US 18,159 71.53 1,298,913 1.32
COGENT COMMUNICATIONS HOLDIN US 15,096 54.25 818,958 0.83
COLUMBIA PROPERTY TRUST INC US 57,239 22.51 1,288,450 1.31
CONDUENT INC US 58,060 13.83 802,970 0.82
CORPORATE OFFICE PROPERTIES US 42,661 27.30 1,164,645 1.18
DARLING INGREDIENTS INC US 85,776 21.65 1,857,050 1.89
DEL FRISCO'S RESTAURANT GROU US 59,122 6.41 378,972 0.38
DREYFUS-GOV C-IN US 2,479,929 1.00 2,479,929 2.52
EAGLE BANCORP INC US 18,745 50.20 940,999 0.96
EMCOR GROUP INC US 11,423 73.08 834,793 0.85
ENPRO INDUSTRIES INC US 16,678 64.45 1,074,897 1.09
EXLSERVICE HOLDINGS INC US 16,527 60.02 991,951 1.01
FEDERATED INVESTORS INC-CL B US 13,488 29.31 395,333 0.40
FERROGLOBE REPRESENTATION US 173,700 0.00 0 0.00
FIFTH THIRD BANCORP US 47,395 25.22 1,195,294 1.21
FIRST HORIZON NATIONAL CORP US 81,356 13.98 1,137,357 1.15
FNB CORP US 146,710 10.60 1,555,126 1.58
GENERAC HOLDINGS INC US 22,240 51.23 1,139,355 1.16
H.B. FULLER CO. US 19,402 48.64 943,713 0.96
HAIN CELESTIAL GROUP INC US 46,732 23.12 1,080,444 1.10
HANOVER INSURANCE GROUP INC/ US 4,732 114.17 540,252 0.55
HAWAIIAN ELECTRIC INDS US 21,538 40.77 878,104 0.89
HEXCEL CORP US 18,380 69.16 1,271,161 1.29
HOSTESS BRANDS INC US 98,192 12.50 1,227,400 1.25
HURON CONSULTING GROUP INC US 25,195 47.22 1,189,708 1.21
IBERIABANK CORP US 26,333 71.71 1,888,339 1.92
IDACORP INC US 10,515 99.54 1,046,663 1.06
INGEVITY CORP US 5,988 105.61 632,393 0.64
ISHARES RUSSELL 2000 VALUE E US 21,142 119.90 2,534,926 2.57
ITT INC US 25,965 58.00 1,505,970 1.53
KELLY SERVICES INC -A US 28,413 22.06 626,791 0.64
KORN FERRY US 27,888 44.78 1,248,825 1.27
LEXINGTON REALTY TRUST US 71,125 9.06 644,393 0.65
LIVENT CORP US 81,606 12.28 1,002,122 1.02
MACOM TECHNOLOGY SOLUTIONS H US 144,119 16.71 2,408,228 2.45
MANTECH INTERNATIONAL CORP-A US 23,172 54.02 1,251,751 1.27
MASONITE INTERNATIONAL CORP US 11,000 49.89 548,790 0.56
MATTHEWS INTL CORP-CLASS A US 18,715 36.95 691,519 0.70
MICHAELS COS INC/THE US 42,849 11.42 489,336 0.50
MILACRON HOLDINGS CORP US 82,664 11.32 935,756 0.95
MURPHY USA INC US 22,904 85.62 1,961,040 1.99
NEXSTAR MEDIA GROUP INC-CL A US 20,866 108.37 2,261,248 2.30
OLIN CORP US 48,333 23.14 1,118,426 1.14
OWENS-ILLINOIS INC US 58,174 18.98 1,104,143 1.12
OXFORD INDUSTRIES INC US 9,340 75.26 702,928 0.71
PATTERSON COS INC US 32,759 21.85 715,784 0.73
PERFORMANCE FOOD GROUP CO US 33,891 39.64 1,343,439 1.36
PORTLAND GENERAL ELECTRIC CO US 35,462 51.84 1,838,350 1.87
PRESTIGE CONSUMER HEALTHCARE US 43,057 29.91 1,287,835 1.31
REGAL BELOIT CORP US 14,876 81.87 1,217,898 1.24
SANDERSON FARMS INC US 7,064 131.84 931,318 0.95
SELECT ENERGY SERVICES INC-A US 42,303 12.02 508,482 0.52
SEMTECH CORP US 11,171 50.91 568,716 0.58
SENSIENT TECHNOLOGIES CORP US 23,228 67.79 1,574,626 1.60
SILGAN HOLDINGS INC US 27,437 29.63 812,958 0.83
SONOCO PRODUCTS CO US 8,335 61.53 512,853 0.52
SPECTRUM BRANDS HOLDINGS INC US 13,715 54.78 751,308 0.76
SPX FLOW INC US 11,832 31.90 377,441 0.38
SRC ENERGY INC US 64,733 5.12 331,433 0.34
STANDEX INTERNATIONAL CORP US 15,549 73.40 1,141,297 1.16
STERLING BANCORP/DE US 108,766 18.63 2,026,311 2.06
STEVEN MADDEN LTD US 17,906 33.84 605,939 0.62
TEAM INC US 83,633 17.50 1,463,578 1.49
TREEHOUSE FOODS INC US 29,165 64.55 1,882,601 1.91
TRIBUNE MEDIA CO - A US 25,023 46.14 1,154,561 1.17
TRIMAS CORP US 43,173 30.23 1,305,120 1.33
UNIVEST FINANCIAL CORP US 47,256 24.46 1,155,882 1.17
VALVOLINE INC US 75,504 18.56 1,401,354 1.42
VIAVI SOLUTIONS INC US 122,618 12.38 1,518,011 1.54
VISTA OUTDOOR INC US 48,270 8.01 386,643 0.39
WR GRACE & CO US 18,511 78.04 1,444,598 1.47
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

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 at Resources & Tools. 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


Investment products offered are not FDIC insured, may lose value and have no bank guarantee.

Ready to Continue?

You have clicked a link to access information on a new website, so you will be leaving westernsouthern.com

Because this new site is independent, Western & Southern Financial Group neither manages nor assumes responsibility for its content. 

Are you ready to move forward?