Touchstone Balanced Fund Class Y (SIBLX)
Touchstone Balanced Fund Class Y operates in the Asset Management industry of the Financial Services sector, headquartered in Cincinnati, OH, US. The stock last traded at $31.37, up 0.32% on the session, giving a market capitalisation of $987.2M. Its beta of 0.91 implies it has historically moved less than the broad market.
The Touchstone Balanced Fund Class Y endeavors to achieve its financial targets by primarily investing in a broad range of stocks and bonds. Its portfolio management strategy typically involves allocating 60% of its assets to equities and the remaining 40% to fixed-income securities. When selecting companies for its equity holdings, the fund generally focuses on larger entities that boast a market capitalization greater than $5 billion at the point of purchase. For its fixed-income component, the fund concentrates on various debt instruments, including mortgage-backed securities, asset-backed securities, government bonds (both domestic U.S. and international sovereign debt), and corporate bonds.
Touchstone Balanced Fund Class Y is most often compared with the following Financial Services names: