Touchstone Balanced Fund Class C (SBACX)
Touchstone Balanced Fund Class C operates in the Asset Management industry of the Financial Services sector, headquartered in Cincinnati, OH, US. The stock last traded at $32.01, down 0.28% on the session, giving a market capitalisation of $1.01B. Its beta of 0.91 implies it has historically moved less than the broad market.
The fund's primary goals are capital appreciation and generating current income. It endeavors to meet these objectives by investing predominantly in a diversified mix of equity and fixed-income securities. The advisor anticipates allocating 60% of assets to equities and 40% to fixed income. Its equity investments typically target issuers with a market capitalization exceeding $5 billion at the point of purchase. The fixed-income component largely consists of various bonds, including mortgage-related securities, asset-backed instruments, U.S. and foreign sovereign government debt, and corporate bonds.
Touchstone Balanced Fund Class C is most often compared with the following Financial Services names: