Touchstone Flexible Income Fund (MXIIX)
Under normal circumstances, the fund invests at least 80% of its assets in income-producing securities such as investment grade corporate bonds, high yield bonds (i.e., junk bonds), preferred stocks, municipal bonds, and U.S. Treasuries. It may also invest in fixed income closed-end funds, dividend-paying equities and other debt securities including but not limited to U.S. government securities, variable- and floating-rate instruments, and mortgage- and asset-backed securities.
Fund Info
US89154Q5962
89154Q596
Aug 31, 1998
$2,500
Expense Ratio
MXIIX features an expense ratio of 0.79%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Touchstone Flexible Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Touchstone Flexible Income Fund had a return of 0.98% year-to-date (YTD) and 5.50% in the last 12 months. Over the past 10 years, Touchstone Flexible Income Fund had an annualized return of 3.26%, while the S&P 500 had an annualized return of 11.31%, indicating that Touchstone Flexible Income Fund did not perform as well as the benchmark.
MXIIX
0.98%
0.89%
0.54%
5.50%
2.62%
3.26%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of MXIIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.40% | 0.98% | |||||||||||
| 2024 | 0.92% | -0.25% | 0.96% | -1.25% | 1.19% | 0.96% | 1.23% | 1.23% | 1.12% | -1.09% | 0.92% | -1.16% | 4.82% |
| 2023 | 2.60% | -0.30% | -0.72% | 1.08% | -0.46% | 0.37% | 0.82% | 0.02% | -0.48% | -0.71% | 3.42% | 2.15% | 7.97% |
| 2022 | -2.02% | -0.91% | -1.79% | -1.92% | 0.02% | -1.53% | 2.62% | -1.56% | -2.27% | -1.47% | 2.62% | -1.33% | -9.28% |
| 2021 | 0.35% | -0.92% | 0.53% | 1.15% | 0.67% | 0.86% | 0.70% | 0.10% | -0.46% | -0.27% | -0.21% | 0.65% | 3.18% |
| 2020 | 0.24% | -0.06% | -7.03% | 5.75% | 1.36% | 1.10% | 2.55% | 2.14% | -1.86% | 1.60% | 1.21% | 0.52% | 7.24% |
| 2019 | 2.91% | 1.22% | 0.31% | 1.01% | -0.08% | 1.14% | 0.81% | -0.31% | 0.33% | 0.26% | 0.01% | 0.86% | 8.74% |
| 2018 | 0.12% | -0.96% | 0.06% | -0.19% | -0.10% | 0.25% | 0.61% | 0.79% | -0.14% | -1.08% | -0.56% | -0.80% | -2.01% |
| 2017 | 0.90% | 1.06% | 0.16% | 1.25% | 1.05% | 0.17% | 0.83% | 0.50% | -0.22% | 0.57% | 0.04% | 0.26% | 6.75% |
| 2016 | 0.85% | -0.09% | 1.00% | 1.05% | 0.19% | 1.51% | 1.96% | -0.15% | -0.31% | -0.46% | -2.10% | 0.47% | 3.90% |
| 2015 | 1.10% | 0.41% | 0.39% | -0.31% | 0.10% | -1.08% | 0.90% | -0.10% | 0.68% | 0.48% | -0.16% | 0.12% | 2.54% |
| 2014 | 1.27% | 1.72% | 0.61% | 0.88% | 1.03% | 0.70% | -0.60% | 0.83% | -0.83% | 1.05% | 0.70% | -0.21% | 7.36% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 79, MXIIX is among the top 21% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Touchstone Flexible Income Fund (MXIIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Touchstone Flexible Income Fund provided a 4.08% dividend yield over the last twelve months, with an annual payout of $0.42 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.42 | $0.42 | $0.39 | $0.34 | $0.39 | $0.43 | $0.42 | $0.36 | $0.30 | $0.31 | $0.35 | $0.51 |
Dividend yield | 4.08% | 4.03% | 3.78% | 3.45% | 3.51% | 3.82% | 3.86% | 3.49% | 2.72% | 2.92% | 3.30% | 4.84% |
Monthly Dividends
The table displays the monthly dividend distributions for Touchstone Flexible Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.06 | $0.42 |
| 2023 | $0.03 | $0.03 | $0.04 | $0.05 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.39 |
| 2022 | $0.04 | $0.03 | $0.02 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.34 |
| 2021 | $0.04 | $0.04 | $0.02 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.39 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.04 | $0.43 |
| 2019 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.42 |
| 2018 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.36 |
| 2017 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.30 |
| 2016 | $0.01 | $0.03 | $0.04 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.31 |
| 2015 | $0.02 | $0.02 | $0.04 | $0.04 | $0.03 | $0.05 | $0.02 | $0.03 | $0.04 | $0.02 | $0.02 | $0.01 | $0.35 |
| 2014 | $0.01 | $0.04 | $0.05 | $0.04 | $0.04 | $0.07 | $0.03 | $0.05 | $0.05 | $0.03 | $0.03 | $0.08 | $0.51 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Touchstone Flexible Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Touchstone Flexible Income Fund was 39.35%, occurring on Mar 9, 2009. Recovery took 207 trading sessions.
The current Touchstone Flexible Income Fund drawdown is 0.58%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.35% | May 8, 2007 | 461 | Mar 9, 2009 | 207 | Dec 31, 2009 | 668 |
| -15.21% | Mar 5, 2020 | 10 | Mar 18, 2020 | 56 | Jun 8, 2020 | 66 |
| -11.58% | Sep 16, 2021 | 279 | Oct 24, 2022 | 411 | Jun 13, 2024 | 690 |
| -9.33% | Apr 2, 2004 | 26 | May 10, 2004 | 89 | Sep 16, 2004 | 115 |
| -6.24% | May 9, 2013 | 71 | Aug 19, 2013 | 145 | Mar 18, 2014 | 216 |
Volatility
Volatility Chart
The current Touchstone Flexible Income Fund volatility is 1.16%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.