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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2025 Q4 | Jan 31, 2026 | Touchstone Core Municipal Bond Fund | 1.1% | 3.2% | TOHAX, TOHCX, TOHIX, TOHYX | credit, duration, fixed income, municipal bonds, tax-exempt, yield curve | ETFs provided consistent inflows alongside retail investors and separately managed accounts, allowing tax-exempt municipals to outperform U.S. Treasuries during the second half of the year as interest rates declined and technical conditions improved. Yield curve dynamics were mixed during the fourth quarter with front-end yields moving modestly higher while longer maturities rallied, resulting in a flatter curve across intermediate maturities. Rate declines contributed to strong performance in longer-duration exposure. Credit spreads were largely stable with AA and BBB spreads tightening slightly while A-rated spreads widened modestly, reflecting a measured increase in risk premiums for lower investment-grade credits. Overall credit conditions remained stable with continued investor confidence in municipal credit quality. | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| No pitches found. | |||||||||
| Manager Name | Fund Name | Fund AUM | Invested Value | Portfolio Weight | Shares Owned | Shares Bought / Sold During Quarter | % Bought / Sold During Quarter | % of Shares Outstanding Owned |
|---|---|---|---|---|---|---|---|---|
| No investor data available. | ||||||||