Touchstone Arbitrage Fund Quote
| TARBX Fund | USD 9.36 0.04 0.43% |
Performance10 of 100
| Odds Of DistressLess than 19
|
Touchstone Arbitrage is trading at 9.36 as of the 28th of November 2024; that is 0.43 percent down since the beginning of the trading day. The fund's open price was 9.4. Touchstone Arbitrage has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Touchstone Arbitrage Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests, under normal circumstances, at least 80 percent of its assets in U.S. and non-U.S. debt instruments. The fund seeks to achieve its investment goal by investing in a wide array of debt securities or other debt instruments. The fund is non-diversified. More on Touchstone Arbitrage Fund
Moving together with Touchstone Mutual Fund
Touchstone Mutual Fund Highlights
| Fund Concentration | Touchstone Funds, Large Funds, High Yield Bond Funds, High Yield Bond, Touchstone (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 27th of January 2023 |
| Fiscal Year End | September |
Touchstone Arbitrage Fund [TARBX] is traded in USA and was established 28th of November 2024. Touchstone Arbitrage is listed under Touchstone category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of Touchstone family. This fund at this time has accumulated 290.28 M in assets with minimum initial investment of 500 K. Touchstone Arbitrage is currently producing year-to-date (YTD) return of 7.96% with the current yeild of 0.08%, while the total return for the last 3 years was 4.14%.
Check Touchstone Arbitrage Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Touchstone Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Touchstone Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Touchstone Arbitrage Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Touchstone Arbitrage Fund Mutual Fund Constituents
| MPC | Marathon Petroleum Corp | Stock | Energy | |
| EMLC | VanEck JP Morgan | Etf | Emerging-Markets Local-Currency Bond | |
| VWOB | Vanguard Emerging Markets | Etf | Emerging Markets Bond | |
| TROX | Tronox Holdings PLC | Stock | Materials | |
| NXPI | NXP Semiconductors NV | Stock | Information Technology | |
| XL | XL Fleet Corp | Stock | US Stock | |
| LEN | Lennar | Stock | Consumer Discretionary | |
| IDV | iShares International Select | Etf | Foreign Large Value |
Touchstone Arbitrage Risk Profiles
| Mean Deviation | 0.1212 | |||
| Semi Deviation | 0.0175 | |||
| Standard Deviation | 0.1556 | |||
| Variance | 0.0242 |
Touchstone Arbitrage Against Markets
Other Information on Investing in Touchstone Mutual Fund
Touchstone Arbitrage financial ratios help investors to determine whether Touchstone Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Touchstone with respect to the benefits of owning Touchstone Arbitrage security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |