Investment objective & strategy
As of April 28, 2025 · prospectusObjective. The Touchstone Dividend Select ETF (the Fund) seeks current income and capital appreciation.
Strategy. The Fund invests, under normal market conditions, at least 80% of its assets in equity securities of U.S. large-cap companies that have historically paid dividends. The Funds 80% policy is a non-fundamental investment policy that can be changed by the Funds Board upon 60 days prior written notice to shareholders. For the purpose of the Funds 80% policy, a large capitalization company has a market capitalization within the range represented in the S&P 500 Index (between approximately $6.1 billion and $3.8 trillion as of December 31, 2024) at the time of purchase. These securities may be listed on an exchange or traded over-the-counter. In selecting securities for the Fund, the Funds sub-adviser, Fort Washington Investment Advisors, Inc. (the Sub-Adviser), seeks … The Fund invests, under normal market conditions, at least 80% of its assets in equity securities of U.S. large-cap companies that have historically paid dividends. The Funds 80% policy is a non-fundamental investment policy that can be changed by the Funds Board upon 60 days prior written notice to shareholders. For the purpose of the Funds 80% policy, a large capitalization company has a market capitalization within the range represented in the S&P 500 Index (between approximately $6.1 billion and $3.8 trillion as of December 31, 2024) at the time of purchase. These securities may be listed on an exchange or traded over-the-counter. In selecting securities for the Fund, the Funds sub-adviser, Fort Washington Investment Advisors, Inc. (the Sub-Adviser), seeks to invest in companies that: ? Have historically paid consistent, growing dividends; ? Have sustainable competitive advantages that should result in excess profits to support future dividend payments; and ? Trade at reasonable valuations compared to their intrinsic value. The Sub-Adviser believes its unique approach results in a portfolio of high-quality companies with sustainable competitive advantages that should pay reliable, growing dividends at reasonable valuations. The Sub-Adviser evaluates a companys competitive advantage by assessing its barrier(s) to entry. The barrier(s) to entry can be created through a cost advantage, economies of scale, high customer loyalty, or a government barrier (e.g., license or subsidy). The Sub-Adviser believes that the strongest barrier to entry is the combination of economies of scale and higher customer loyalty. The Fund will generally hold 40 to 55 companies, with residual cash and cash equivalents expected to represent less than 10% of the Funds net assets. The Fund may, at times, hold fewer securities and a higher percentage of cash and cash equivalents when, among other reasons, the Sub-Adviser cannot find a sufficient number of securities that meets its purchase requirements. The Fund will generally sell a security if the security does not meet portfolio guidelines, if the security stops paying a dividend and future prospects of paying a dividend are limited, or if better opportunities exist based on the fundamentals and valuation of the business.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| DREY-GVT CSH-I | MISXX | $1.78M | 4.58% |
| MICROSOFT CORP | — | $1.28M | 3.30% |
| EXXON MOBIL CORP | — | $1.17M | 3.02% |
| BROADCOM INC | — | $1.06M | 2.71% |
| JOHNSON&JOHNSON | — | $1.01M | 2.60% |
| CHEVRON CORP | — | $966.84K | 2.49% |
| APPLE INC | — | $919.48K | 2.36% |
| ANALOG DEVICES INC | — | $808.08K | 2.08% |
| VERIZON COMMUNICATIONS INC | — | $777.25K | 2.00% |
| CISCO SYSTEMS INC | — | $774.19K | 1.99% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Touchstone Funds Group Trust-Touchstone Dividend Equity Fund · TQCCX, TQCAX, TQCYX, TQCIX, TQCRX | 72% | 0.64% |
| Schwab Dividend Equity Fund · SWDSX | 46% | 0.89% |
| WisdomTree U.S. LargeCap Dividend Fund · DLN | 45% | 0.28% |
Advisers
| Firm | Role |
|---|---|
| Touchstone Advisors, Inc. | Adviser |
| Fort Washington Investment Advisors, Inc. | Sub-adviser |
Footnotes
- Expense ratio as of April 28, 2025, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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