
Touchstone Core Municipal Bond Fund Q3 2025 Commentary
**Touchstone Core Municipal Bond Fund Q3 2025 Commentary**
*Touchstone Investments*
—
**Summary**
The Touchstone Core Municipal Bond Fund (Class A Shares, Load Waived) underperformed its benchmark, the Bloomberg Municipal Bond Index, for the quarter ended September 30, 2025. The primary factor contributing to the Fund’s underperformance was its significant underweight position in sub-5% coupon structures.
Looking ahead, we plan to selectively adjust the Fund’s allocation by reducing our overweight position in 5%+ coupon bonds and increasing exposure to 4% coupons.
—
**Fund Highlights**
– Seeks to exploit market inefficiencies using a proprietary income, price, and volatility framework.
– Constructs portfolios that generate consistent tax-free income by capturing diversified sources of credit, liquidity, and term premiums.
– Controls price sensitivity to better manage risk and returns.
—
**About Touchstone Investments**
At Touchstone Investments, we recognize that not all mutual fund companies are created equal. Our commitment to being *Distinctively Active* means employing a fully integrated and rigorous process for identifying and partnering with asset managers who sub-advise our mutual funds.
We advocate a robust approach to portfolio construction that utilizes standalone active strategies or complements passive strategies. That is the power of *Distinctively Active.*
Touchstone Funds are offered nationally through intermediaries, including broker-dealers, financial planners, registered investment advisors, and institutions, via Touchstone Securities, Inc.
For more information, please call 800-638-8194 or visit [www.touchstoneinvestments.com](http://www.touchstoneinvestments.com).
—
**Specialties**
Touchstone Investments helps investors achieve their financial goals by providing access to a distinctive selection of institutional asset managers known and respected for their expertise in specific areas.
—
**Contact**
For inquiries or communication, please use Touchstone Investments’ official channels.
—
*Comments* | *Recommended For You*
https://seekingalpha.com/article/4841781-touchstone-core-municipal-bond-fund-q3-2025-commentary?source=feed_all_articles
You may also like

Demo starting soon for landmark housing in Bay City

Judge chooses Utah redistricting map that may help Democrats

You may be interested
Globe bets on prepaid fiber, sets expansion
No content was provided to convert. Please provide the text...
Bragging rights up as Samal makes 5150 debut
A stellar Open division field will be shooting for the...
DigiPlus launches P1-M surety bond program
MANILA, Philippines — DigiPlus Interactive Corp. has partnered with Philippine...
The New York Times
- Modi Vows Justice as Police Suspect Terrorism in Deadly New Delhi Blast 2025 年 11 月 11 日 Mujib Mashal
- As Iraqis Vote for a Parliament, U.S. Presses to Rid Country of Iran’s Influence 2025 年 11 月 11 日 Erika Solomon
- Sarah Jessica Parker Describes Her Year as a Booker Prize Judge 2025 年 11 月 11 日 Alex Marshall and OK McCausland
- How the Heavy-Metal Fall of a Dictator Shapes Trump’s Venezuela Policy 2025 年 11 月 11 日 Michael Crowley
- Pakistan ‘in a State of War’ After Explosion Kills 12 in Capital 2025 年 11 月 11 日 Elian Peltier and Zia ur-Rehman
- Ban a Pro-Palestinian Group? The U.K. Government Thought Few Would Care. 2025 年 11 月 11 日 Lizzie Dearden
- Trump Wants to Revive Shipping. He Will Need More Mariners. 2025 年 11 月 11 日 Peter Eavis
- Halt in Fees on Chinese Vessels Endangers U.S. Shipbuilding Efforts 2025 年 11 月 11 日 Peter Eavis
- SoftBank Sells $5.8 Billion Stake in Nvidia to Pay for OpenAI Deals 2025 年 11 月 11 日 Michael J. de la Merced
- The Young Women Grappling With an ‘Old Man’s Disease’ 2025 年 11 月 11 日 Roni Caryn Rabin and Lucy Lu
Leave a Reply