Touchstone Securitized Income ETF
TSEC
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 303 Broadway, Suite 1100 Cincinnati OH United States of America 45202
- IPO Date
- Jul 19, 2023
- Website
- westernsouthern.com
- Similar Companies
- Business
- Touchstone Securitized Income ETF (TSEC), an actively managed exchange-traded fund issued by Touchstone ETF Trust and sub-advised by Fort Washington Investment Advisors, a subsidiary of Western & Southern Financial Group, seeks current income and capital appreciation through a diversified portfolio of securitized fixed income securities. The fund primarily invests in asset-backed securities (27.3% of portfolio), commercial mortgage-backed securities (CMBS, 25.7%), U.S. agency residential mortgage-backed securities (RMBS, 23.2%), and collateralized loan obligations (CLOs, 21.8%); it may also hold cash equivalents (1.9%), high yield corporate credit (0.3%), and limited exposures to U.S. Treasuries or other investment grade corporate credit. Credit quality emphasizes investment-grade ratings, with allocations to AAA/Aaa (24.6%), AA/Aa (16.2%), A (17.5%), and BBB/Baa (33.8%), alongside selective below-investment-grade holdings such as BB/Ba (5.1%) and lower-rated securities; the portfolio features an average duration of 2.6 years and effective maturity of 4.4 years, benchmarked against the Bloomberg U.S. Aggregate Bond Index. Launched on July 17, 2023, and listed on NYSE Arca, TSEC is managed by a team comprising Scott D. Weston, Brent A. Miller, CFA, Laura Mayfield, and Richard V. Schneider, with monthly distributions and total net assets of approximately $112.7 million as of September 30, 2025. Touchstone Investments, the overarching sponsor established in 1994 and headquartered in Cincinnati, Ohio, part of Western & Southern Financial Group, distributes the ETF through Foreside Fund Services, LLC. The fund targets income-oriented investors seeking risk-adjusted returns from securitized products, with operations focused on U.S. markets and no material international exposure. In recent developments, Touchstone Investments expanded its ETF lineup in the first quarter of 2025 with three new actively managed funds: Touchstone Sands Capital US Select Growth ETF (TSEL), Touchstone Sands Capital Emerging Markets ex-China Growth ETF (TEMX) sub-advised by Sands Capital Management, and Touchstone International Equity ETF (TLCI) sub-advised by The London Company; these launches contributed to surpassing $250 million in ETF sales by mid-2025. The firm marked three-year anniversaries for four ETFs, including TSEC alongside Touchstone Strategic Income Opportunities ETF (SIO), Ultra Short Income ETF (TUSI), and US Large Cap Focused ETF (LCF), while enhancing its RIA channel presence through new leadership hires and an upgraded Practice Management Consulting Program that drove over $1.25 billion in 2024 retail sales. TSEC itself maintained steady growth, with assets reaching $114 million and YTD returns of 6.74% as of late 2025, reflecting sustained demand for its securitized income strategy amid Touchstone's broader active ETF momentum.