# Touchstone Mid Cap Value Institutional Class (TCVIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tcvix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 2009-10-01 The fund's main goal is to increase the value of your investment over time. It typically invests at least 80% of its total assets (including any money borrowed for investing) in common shares of companies with mid-range market capitalizations. For this fund, a mid-capitalization company is defined as one whose market value falls within the spectrum of companies included in the Russell Midcap® Index at the point of purchase. It's worth noting that the market capitalization range defining the Russell Midcap Index is not static and will adjust with changing market conditions. The portfolio gen... ## Key Facts | Metric | Value | |---|---| | Price | $27.24 | | Expense Ratio | 0.84% | | Assets Under Management | $534.0M | | NAV | $27.24 | | Holdings Count | — | | Distribution Yield (TTM) | 3.75% | | Annual Distribution (TTM) | $1.02 /share | | Distribution Frequency | Irregular | | 52-Week Range | $23.68 – $28.86 | | Beta | 0.72 | ## Latest Distribution - Amount: $0.3146 /share - Ex-date: 2025-12-30 - Pay date: 2025-12-30 ## Frequently Asked Questions ### What does TCVIX invest in? The fund's main goal is to increase the value of your investment over time. It typically invests at least 80% of its total assets (including any money borrowed for investing) in common shares of companies with mid-range market capitalizations. For this fund, a mid-capitalization company is defined as one whose market value falls within the spectrum of companies included in the Russell Midcap® Index at the point of purchase. It's worth noting that the market capitalization range defining the Russell Midcap Index is not static and will adjust with changing market conditions. The portfolio generally consists of around 60 to 80 different stocks. ### What is the expense ratio of TCVIX? Touchstone Mid Cap Value Institutional Class (TCVIX) charges an expense ratio of 0.84%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TCVIX? Touchstone Mid Cap Value Institutional Class (TCVIX) manages $534.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is TCVIX actively managed or an index fund? TCVIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was TCVIX launched? Touchstone Mid Cap Value Institutional Class (TCVIX) launched in October 2009 and is managed by the fund issuer. ### How has TCVIX performed? TCVIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does TCVIX pay a dividend? Touchstone Mid Cap Value Institutional Class (TCVIX) currently distributes little or no income. Trailing-twelve-month yield is 3.75%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TCVIX pay dividends? Touchstone Mid Cap Value Institutional Class pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TCVIX's dividend yield? TCVIX's trailing-twelve-month yield is 3.75%, calculated from the sum of dividends over the past year divided by the current price. ### When is TCVIX's next ex-dividend date? The most recently announced ex-dividend date for TCVIX was 2025-12-30. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will TCVIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.84% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TCVIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TCVIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TCVIX cost more than a fund like VOO? TCVIX's strategy (current expense ratio 0.84%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where TCVIX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to TCVIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TCVIX (0.84%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/tcvix - Distribution history: https://www.dividenddata.com/funds/tcvix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tcvix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tcvix/expenses - Peer comparison: https://www.dividenddata.com/funds/tcvix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.