Touchstone Balanced Fund Class C
SBACX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 303 Broadway Cincinnati OH United States of America 45202-4203
- IPO Date
- May 4, 1998
- CIK
- 0000711080
- Website
- westernsouthern.com
- Similar Companies
- Business
- Touchstone Balanced Fund Class C (SBACX) is an open-end mutual fund that seeks total return through a combination of capital appreciation and current income by investing primarily in a diversified portfolio of equity securities and fixed-income securities. Under normal circumstances, the fund allocates approximately 60% of its assets to equities, focusing on large-cap blend stocks such as Microsoft Corp., Meta Platforms Inc., Apple Inc., and Amazon.com Inc., and 40% to fixed-income instruments including U.S. Treasury notes, corporate debt, government securities, and preferred stocks; it may also hold cash, non-U.S. stocks, and non-U.S. bonds. The fund employs fundamentally driven equity and credit analysis, active duration management, yield curve positioning, and relative attractiveness assessments for sector, industry, and asset class weights, with top sectors including technology (22.42%), communication services (10.89%), and financial services (8.25%). Managed since October 30, 2017, by portfolio managers Daniel Carter, James Wilhelm, and Austin Kummer of Fort Washington Investment Advisors, Inc., a sub-adviser, the Class C shares feature a net expense ratio of 1.78%, a 1.00% deferred load, a minimum initial investment of $2,500, and are available for sale in the United States, with total net assets of approximately $990.76 million for the fund and $75.79 million for the share class. Touchstone Balanced Fund operates within the moderate allocation category, targeting investors seeking a conservative balance of stability, income, and growth through daily pricing in USD and domicile in the United States; share classes include SEBLX (Class A), SBACX (Class C), SIBLX (Y Shares, launched August 27, 2007), and TBARX (R6 Shares, launched October 28, 2021). Touchstone Investments, the fund sponsor and a subsidiary of Western & Southern Financial Group incorporated in 1993 with headquarters in Cincinnati, Ohio, provides access to institutional sub-advisers across its lineup of actively managed mutual funds and ETFs distributed through intermediaries such as registered investment advisors, broker-dealers, and private banks. Recent developments include the Q1 2025 commentary highlighting outperformance versus its blended benchmark, driven by strategic positioning amid market conditions, and the introduction of the R6 share class (TBARX) in October 2021 to expand investor access with a lower expense ratio of 0.63%. In March 2025, a related Touchstone fund, the Ares Credit Opportunities Fund, received an LSEG Lipper Award, underscoring the platform's recognition for performance in credit strategies, though no major acquisitions, partnerships, or strategic shifts specific to SBACX were reported in the last 1-2 years. The fund traces its strategy roots to November 15, 1938, with Class C shares launched on May 4, 1998.