Touchstone Strategic Income ETF

Frequently Asked Questions About SIO

What does SIO invest in?

The fund invests, under normal market conditions, at least 80% of its assets in income producing fixed-income securities. In building the fund’s portfolio, it invests at least 50% of the fund's portfolio in investment-grade rated debt securities. It may also invest up to 50% of the fund's portfolio in non-investment-grade debt securities. It will generally sell a security if the price/yield no longer adequately compensates for the risk profile or if there is a change to allocation between sectors based on relative value.

What is the expense ratio of SIO?

Touchstone Strategic Income ETF (SIO) charges an expense ratio of 0.88%. This is the annual fee deducted from fund assets to cover management and operations.

What is SIO's dividend yield?

SIO's trailing-twelve-month yield is 7.02%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SIO?

Effective duration measures SIO's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SIO's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of SIO?

SIO's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of SIO?

Yield to maturity (YTM) is the total return you'd earn from SIO if every bond in the portfolio is held to maturity at the current price. SIO's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.