Touchstone Balanced Fund's Q4 2025 Performance Overview

Instructions

This report provides a detailed analysis of the Touchstone Balanced Fund's performance during the fourth quarter of 2025, highlighting key drivers of its success against its established benchmark. It delves into the strategic allocation between equity and fixed-income assets, examining how market conditions influenced returns and outlining the fund's investment philosophy.

Unlocking Superior Returns: A Quarter of Strategic Growth

The Touchstone Balanced Fund's Strong Performance in Q4 2025

During the final quarter of 2025, the Touchstone Balanced Fund (Class A Shares, Load Waived) demonstrated impressive results, outperforming its benchmark, which is a composite of 60% Russell 1000 Index and 40% Bloomberg U.S. Aggregate Bond Index. This strong showing underscores the fund's effective investment strategies and its ability to navigate dynamic market environments.

Market Dynamics Fueling Equity Growth and S&P 500 Milestones

The quarter was characterized by favorable market conditions, primarily driven by expectations of future rate cuts. These anticipated monetary policy adjustments helped to ease financial conditions, fostering a positive environment for equity markets. Consequently, the S&P 500 index reached unprecedented highs, reflecting robust market fundamentals and investor optimism.

Fixed Income's Crucial Role in Relative Performance

A significant contributor to the fund's relative outperformance was its fixed-income component. Strategic decisions regarding sector allocation and active interest rate management played a pivotal role in generating positive returns. While some individual security selections in this segment experienced minor underperformance, their impact was largely offset by the broader gains achieved through effective portfolio positioning.

Core Investment Strategy: A Blend of Fixed-Income and Equity Securities

The fund's investment approach primarily involves a diversified portfolio split between fixed-income and equity securities. Typically, it maintains a strategic allocation of approximately 60% in equities and 40% in fixed-income instruments, aiming for a balanced risk-return profile that capitalizes on growth opportunities while mitigating downside risks through stable income generation.

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