Investment objective & strategy
As of April 24, 2025 · prospectusObjective. The Touchstone Common Stock Fund (the Fund) seeks to provide investors with capital appreciation.
Strategy. The Fund invests, under normal market conditions, at least 80% of its assets in large capitalization equity securities. The Fund invests primarily in issuers having a market capitalization, at the time of purchase, above $5 billion. The Funds 80% policy is a non-fundamental investment policy that can be changed by the Fund upon 60 days prior written notice to shareholders. Equity securities include common stock and preferred stock. 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. (Fort Washington), seeks to invest in companies that: ? Are trading below its estimate of the companies intrinsic value; and ? Have a sustainable competitive advantage or … The Fund invests, under normal market conditions, at least 80% of its assets in large capitalization equity securities. The Fund invests primarily in issuers having a market capitalization, at the time of purchase, above $5 billion. The Funds 80% policy is a non-fundamental investment policy that can be changed by the Fund upon 60 days prior written notice to shareholders. Equity securities include common stock and preferred stock. 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. (Fort Washington), seeks to invest in companies that: ? Are trading below its estimate of the companies intrinsic value; and ? Have a sustainable competitive advantage or a high barrier to entry in place. 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). Fort Washington believes that the strongest barrier to entry is the combination of economies of scale and higher customer loyalty. The Fund will generally hold 25 to 45 companies, with residual cash and 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 equivalents when, among other reasons, Fort Washington cannot find a sufficient number of securities that meets its purchase requirements. Although the Fund may invest in any economic sector, at times it may emphasize one or more particular sectors. The Fund may invest up to 35% of its assets in securities of foreign issuers through the use of ordinary shares or depositary receipts such as American Depositary Receipts (ADRs). The Fund may also invest in securities of emerging market countries. Emerging market countries are generally countries that are included in the Morgan Stanley Capital International (MSCI) Emerging Markets Index. The Fund will generally sell a security if it reaches Fort Washingtons estimate of fair value, if a more attractive investment opportunity is available, or if a structural change has taken place and Fort Washington cannot reliably estimate the impact of the change on the business fundamentals. The Fund is non-diversified and, therefore may, from time to time, have significant exposure to a limited number of issuers.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| ALPHABET INC CL C | — | $15.65M | 8.45% |
| MICROSOFT CORP | — | $15.55M | 8.40% |
| APPLE INC | — | $13.20M | 7.13% |
| NVIDIA CORP | — | $12.47M | 6.73% |
| AMAZON.COM INC | — | $11.40M | 6.16% |
| META PLATFORMS INC CL A | — | $11.24M | 6.07% |
| EXXON MOBIL CORP | — | $6.73M | 3.63% |
| TAIWAN SEMIC MFG CO LTD SP ADR | — | $5.54M | 2.99% |
| BANK OF AMERICA CORPORATION | — | $5.25M | 2.84% |
| VISA INC-CLASS A | — | $5.05M | 2.73% |
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 Strategic Trust-Touchstone Large Cap Focused Fund · SENCX, SCSCX, SICWX, SCRLX, TSRLX | 98% | 0.66% |
| Touchstone ETF Trust-Touchstone US Large Cap Focused ETF · LCF | 90% | 0.56% |
| Touchstone Strategic Trust-Touchstone Focused Fund · TFOAX, TFFCX, TFFIX, TFFYX | 89% | 0.84% |
Advisers
| Firm | Role |
|---|---|
| Touchstone Advisors, Inc. | Adviser |
| Fort Washington Investment Advisors, Inc. | Sub-adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
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