THYYX : Touchstone High Yield Fund Class Y

Fund Summary

The investment seeks to achieve a high level of income as its main goal; capital appreciation is a secondary consideration. The fund normally invests at least 80% of its net assets (including borrowings for investment purposes) in non-investment-grade debt securities. It generally invests in non-investment-grade debt securities of domestic corporations. Non-investment-grade debt securities are higher risk, lower quality securities, often referred to as "junk bonds," and are considered speculative.