Touchstone Strategic Income ETF

Frequently Asked Questions About SIO

What does SIO invest in?

Under typical market conditions, this fund commits a minimum of 80% of its overall assets to fixed-income instruments designed to generate income. A core component of its portfolio strategy involves allocating at least 50% of its holdings to debt securities rated as investment-grade. Furthermore, it has the discretion to invest up to 50% of its portfolio in non-investment-grade debt. The fund's managers generally opt to sell a security if its yield-to-price relationship no longer sufficiently offsets its risk profile, or if a reallocation across sectors is deemed appropriate due to shifts in relative market value.

What is the expense ratio of SIO?

Touchstone Strategic Income ETF (SIO) charges an expense ratio of 0.82%. 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 6.93%, 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.