(TSEC) Touchstone Trust - Ratings and Ratios

The Touchstone ETF Trust (NYSE ARCA: TSEC) is a short-term bond exchange-traded fund designed to provide exposure to securitized fixed-income securities. The fund operates under a policy to allocate at least 80% of its assets to such securities under normal market conditions. This policy is non-fundamental, meaning it can be modified by the funds Board of Directors with a 60-day notice to shareholders. The remaining 20% of the portfolio may include other fixed-income securities to meet the 80% investment requirement.

Ticker Symbol: TSEC | Exchange: NYSE ARCA | Type: ETF | Country Origin: USA | ETF Category: Short-Term Bond.

From a technical standpoint, TSEC has shown price stability with its 20-day, 50-day, and 200-day simple moving averages (SMA) clustering closely around its current price of $26.31. The SMA 20 at $26.09, SMA 50 at $25.93, and SMA 200 at $25.50 indicate a gradual upward trend. The Average True Range (ATR) of 0.08 reflects low volatility, suggesting minimal price fluctuations. Average daily volume of 9,944 shares indicates moderate liquidity.

Fundamentally, the fund manages approximately $112.81 million in assets under management (AUM), positioning it as a modestly sized ETF in its category. This AUM level suggests a balance between liquidity and diversification within its portfolio.

3-Month Forecast: Based on the technical and fundamental data, TSEC is expected to maintain its stable performance. The funds low ATR and tightly grouped moving averages suggest a narrow trading range, likely between $26.00 and $26.50. The upward trajectory of the SMAs indicates potential for gradual price appreciation. Fundamentally, the short-duration focus of the fund should help mitigate risks associated with rising interest rates, though the modest AUM may limit its ability to capitalize on market opportunities. Overall, TSEC is expected to remain a conservative option for income-focused investors seeking low volatility in the fixed-income space.