Touchstone Balanced Fund Class Y
SIBLX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Touchstone Balanced Fund Class Y (SIBLX) is an open-ended mutual fund that seeks capital appreciation and current income through a diversified portfolio primarily invested in equity and fixed-income securities. The fund normally allocates approximately 60% of its assets to equity securities, including large-cap U.S. stocks with a blend style across sectors such as technology, communication services, financial services, healthcare, and consumer cyclical; and 40% to fixed-income securities, including U.S. and non-U.S. bonds with mid credit quality and moderate interest-rate sensitivity, alongside modest cash and other holdings. Top holdings typically include leading U.S. equities like Microsoft Corp., Meta Platforms Inc., Apple Inc., Alphabet Inc., and NVIDIA Corp., representing around 24% of the portfolio, with total net assets of approximately $1.01 billion and a net expense ratio of 0.77% for the Class Y shares. Offered by Touchstone Investments, a member of Western & Southern Financial Group and headquartered in Cincinnati, Ohio, the fund traces its origins to Touchstone's establishment in 1994, with Class Y shares launched on August 27, 2007. It is managed by a team including Daniel Carter, James Wilhelm, and Austin Kummer, who joined on October 30, 2017, and is available for sale in the United States through financial intermediaries such as registered investment advisors, private banks, and broker-dealers, targeting investors seeking moderate allocation strategies. In recent developments, Touchstone Investments appointed Benjamin Alge as President in March 2025, succeeding prior leadership amid ongoing expansion of its mutual fund complex. The firm has continued its strategy of growth through acquisitions, including the 2021 purchase of select AIG Life & Retirement retail mutual fund assets totaling about $7.5 billion, which involved reorganizing 12 funds into Touchstone offerings, and earlier integrations such as Old Mutual Funds in 2012 and Fifth Third Asset Management funds. These moves have bolstered Touchstone's assets under management beyond $30 billion, enhanced its sub-advised model with institutional managers like Fort Washington Investment Advisors, and introduced new funds while maintaining a focus on actively managed solutions for financial professionals.