Fund Evaluator:
Touchstone Focused C (TFFCX)
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Best Performing in Large Blend Over the Last Year
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Fund Details
Touchstone Focused C Overview
Touchstone Focused C (TFFCX) is an actively managed U.S. Equity Large Blend fund. Touchstone launched the fund in 2012.
The investment seeks to provide investors with capital appreciation. The fund invests, under normal market conditions, at least 80% of its assets in equity securities. Equity securities include common stock and preferred stock. It may invest in companies of any market capitalization in seeking to achieve its investment goal. These securities may be listed on an exchange or traded over-the-counter. The fund will generally hold 25 to 45 companies, with residual cash and equivalents expected to represent less than 10% of the fund's net assets. It is non-diversified.
About Touchstone Focused C (TFFCX)
There are 2 members of the management team with an average tenure of 8.16 years: James Wilhelm (2012), Sunit Gogia (2024). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US 3000 TR USD index with a weighting of 100% and Russell 3000 TR USD index with a weighting of 100%. Touchstone Focused C has 49 securities in its portfolio. The top 10 holdings constitute 52.8% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Touchstone Focused C is part of the Equity global asset class and is within the U.S. Equity fund group. Touchstone Focused C has 5.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 94.2%. There is 5.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Touchstone Focused C has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $4 million in total assets, which is below the $6 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
TFFCX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Touchstone Focused C expense ratio is high compared to funds in the Large Blend category. Touchstone Focused C has an expense ratio of 1.90%, which is 134% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Touchstone Focused C has a portfolio turnover rate of 6%, indicating that holds its assets around 0.2 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.
Recently, in the month of July 2026, Touchstone Focused C returned 3.2%, which earned it a grade of A, as the Large Blend category had an average return of 0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Touchstone Focused C has a trailing yield of 0.00%, which is below the 0.56% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Touchstone Focused C Grades
Year to date, the fund has returned 6.6%, 2.7 percentage points worse than the category, which translates into a grade of F. The fund has returned 12.8% over the past year (grade of F), 13.5% over the past three years (grade of F) and 8.7% per year over the past five years (grade of F) and 11.7% per year over the past 10 years (grade of F).
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TFFCX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TFFCX Return (NAV) | 3.2% | 4.3% | 12.8% | 13.5% | 8.7% | 11.7% |
| TFFCX Grade | A | B | F | F | F | F |
| +/- Category | 2.8% | 0.3% | -4.6% | -3.8% | -2.4% | -2.0% |
| Large Blend Avg | 0.4% | 4.1% | 17.5% | 17.3% | 11.1% | 13.7% |
| TFFCX Tax Cost Ratio | na | na | 0.6% | 0.3% | 0.7% | 0.9% |
TFFCX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TFFCX Return (NAV) | 6.6% | 14.8% | 17.6% | 23.8% | -19.0% | 25.5% | 23.4% | 26.1% | -8.4% | 13.0% | 10.8% |
| TFFCX Grade | F | D | F | D | D | D | A | F | F | F | C |
| +/- Category | -2.7% | -1.0% | -4.4% | 0.1% | -1.8% | -1.1% | 5.8% | -3.8% | -2.6% | -8.3% | 0.6% |
| Large Blend Avg | 9.3% | 15.8% | 22.1% | 23.7% | -17.3% | 26.5% | 17.5% | 29.8% | -5.9% | 21.3% | 10.2% |
| Risk Measures | |
| Standard Deviation: | 12.7% |
| Total Risk Index: | 1.03 - Average |
| Category Risk Index: | 0.96 - Below Average |
| Category Risk Grade: | B (26% Rank) |
| Beta: | 0.93 |
| R-Squared: | 92% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1457 Mil |
| Fund Total Assets: | $ 5 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 6% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 14.3 years | |||
| Average Tenure: 8.2 years | |||
| Managers (Year): Wilhelm James (2012), Gogia Sunit (2024) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 49 |
| % in Top 10 Holdings: | 52.8% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 5.6% |
Portfolio Allocation |
|
| Domestic Stock: | 94.2% |
| Foreign Stock: | 5.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.2% |
Purchase Information
| Fund Family: | Touchstone |
| Phone Number: | 800-543-0407 |
| Website: | www.touchstoneInvestments.com |
| Status: | Open |
| Inception Date: | April 12, 2012 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 1.90% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.81% |
| Share Class: | Touchstone Focused Y |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 50 |
