TUSI

Touchstone Ultra Short Income ETF

$25.38
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Touchstone Ultra Short Income ETF (TUSI) seeks to provide a high level of current income consistent with preservation of capital and liquidity.

Overview

ETF tracking Touchstone Ultra Short Income ETF

Category Inverse
Issuer Other
Inception Date 2022-08-08
Market Cap $229.8M
Average Volume N/A
Dividend Yield 4.01%
52-Week Range $25.27 - $25.47
VWAP $25.38

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Touchstone Ultra Short Income ETF (TUSI) seeks to provide a high level of current income consistent with preservation of capital and liquidity.

🎯 Investment Strategy

The ETF invests primarily in a diversified portfolio of investment-grade fixed-income securities and other debt instruments with short-term maturities. The fund aims to maintain a weighted average portfolio maturity of one year or less.

✨ Key Features

  • Focuses on ultra-short duration fixed-income securities to generate current income
  • Maintains a weighted average portfolio maturity of one year or less to limit interest rate risk
  • Seeks to provide a high level of current income while preserving capital and liquidity
  • Actively managed portfolio to take advantage of short-term market opportunities

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline if interest rates rise
  • Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
  • Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
  • Active management risk: The fund's performance could trail that of the broader market if the manager's investment decisions are not successful

👤 Best For

This ETF may be suitable for investors seeking a conservative, low-risk investment that can provide a steady stream of current income. It may be particularly appealing to those with a short-term investment horizon or who are looking to diversify their fixed-income allocation.