Touchstone Dividend Equity Fund (TQCAX)
The fund invests primarily in U.S. large-cap companies with a history of paying dividends and typically holds 65 to 90 companies. It may temporarily hold more cash if suitable investment opportunities are limited.
Fund Info
| Issuer | Touchstone |
|---|---|
| Inception Date | Jun 7, 1998 |
| Category | Large Cap Value Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
TQCAX has a high expense ratio of 1.04%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: TQCAX vs. FDGRX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Touchstone Dividend Equity 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 Dividend Equity Fund had a return of 12.33% year-to-date (YTD) and 21.27% in the last 12 months. Over the past 10 years, Touchstone Dividend Equity Fund had an annualized return of 2.03%, while the S&P 500 had an annualized return of 10.85%, indicating that Touchstone Dividend Equity Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 12.33% | 17.79% |
| 1 month | 1.71% | 0.18% |
| 6 months | 6.42% | 7.53% |
| 1 year | 21.27% | 26.42% |
| 5 years (annualized) | 5.15% | 13.48% |
| 10 years (annualized) | 2.03% | 10.85% |
Monthly Returns
The table below presents the monthly returns of TQCAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.53% | 1.86% | 4.80% | -5.36% | 3.76% | 0.73% | 4.17% | 1.65% | 12.33% | ||||
| 2023 | 3.89% | -3.56% | 0.38% | 1.11% | -3.23% | 5.85% | 3.17% | -2.96% | -4.91% | -2.02% | 8.38% | 5.31% | 10.89% |
| 2022 | -2.54% | -1.93% | 2.83% | -5.14% | 2.50% | -7.31% | 5.73% | -3.75% | -8.72% | 11.31% | 7.22% | -4.03% | -5.76% |
| 2021 | -0.25% | 0.32% | 9.22% | 0.17% | 1.86% | 0.07% | -0.09% | 1.78% | -4.28% | 4.80% | -1.87% | 6.48% | 18.96% |
| 2020 | -6.16% | -8.23% | -16.25% | 11.10% | 2.30% | 0.28% | 2.03% | 3.92% | -4.30% | -2.49% | 9.49% | 1.62% | -9.50% |
| 2019 | 7.44% | 1.69% | 0.53% | 3.30% | -10.04% | 7.36% | 2.36% | -5.89% | 4.66% | 0.59% | 2.50% | -1.36% | 12.36% |
| 2018 | 2.77% | -4.57% | -4.35% | -0.80% | -0.80% | 3.23% | 2.07% | 1.54% | -0.32% | -4.93% | 3.36% | -14.83% | -17.60% |
| 2017 | 0.29% | 3.25% | -0.51% | 1.18% | 0.33% | -0.06% | 1.78% | -1.42% | 4.71% | -0.42% | 4.94% | -5.01% | 9.01% |
| 2016 | -2.21% | 2.39% | 7.40% | -0.60% | -0.79% | 1.41% | 3.50% | -0.82% | 0.12% | -2.06% | 4.68% | -1.38% | 11.76% |
| 2015 | -1.75% | 5.35% | -1.81% | 2.36% | 0.06% | -3.14% | 1.10% | -4.58% | -2.76% | 8.77% | -1.76% | -11.04% | -10.11% |
| 2014 | -4.55% | 2.57% | 0.71% | 1.77% | 0.81% | -0.23% | -0.52% | 3.19% | -0.62% | 2.49% | 1.55% | -6.86% | -0.17% |
| 2013 | 5.62% | 1.97% | 6.15% | 2.70% | 2.95% | 1.72% | 5.89% | -3.85% | 1.42% | 5.95% | 0.52% | -2.28% | 32.13% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TQCAX is 53, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Touchstone Dividend Equity Fund (TQCAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Touchstone Dividend Equity Fund granted a 4.29% dividend yield in the last twelve months. The annual payout for that period amounted to $0.82 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.82 | $0.80 | $0.86 | $0.57 |
Dividend yield | 4.29% | 4.69% | 5.30% | 3.13% |
Monthly Dividends
The table displays the monthly dividend distributions for Touchstone Dividend Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.17 | |||
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.57 | $0.80 |
| 2022 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.62 | $0.86 |
| 2021 | $0.09 | $0.03 | $0.00 | $0.06 | $0.00 | $0.00 | $0.38 | $0.57 |
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 Dividend Equity 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 Dividend Equity Fund was 68.36%, occurring on Mar 9, 2009. Recovery took 1051 trading sessions.
The current Touchstone Dividend Equity Fund drawdown is 0.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.36% | Jul 16, 2007 | 416 | Mar 9, 2009 | 1051 | May 10, 2013 | 1467 |
| -45.09% | Dec 12, 2017 | 572 | Mar 23, 2020 | 986 | Feb 22, 2024 | 1558 |
| -36.06% | May 10, 1999 | 210 | Mar 7, 2000 | 1467 | Jan 6, 2006 | 1677 |
| -24.04% | Nov 25, 2014 | 289 | Jan 20, 2016 | 415 | Sep 12, 2017 | 704 |
| -15.44% | Jun 9, 1998 | 59 | Aug 31, 1998 | 59 | Nov 23, 1998 | 118 |
Volatility
Volatility Chart
The current Touchstone Dividend Equity Fund volatility is 2.97%, 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.