The Fund Grade · free · no account needed
What grade does TCVIX get?
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
Touchstone Mid Cap Value Institutional Class
#228 of 500 graded active funds · value · mid segment peer group
The point · specialist footprint
TCVIX puts less of its book behind proven specialists than 79% of graded funds.
Bottom 20%
● Bottom 40%
Middle
Top 40%
Top 20%
That has mattered: over the past 2.7 years, funds with this little specialist backing trailed top-rung funds by about 3.8% per quarter and beat the S&P in only 22% of fund-quarters. If it also charges an active fee, the higher-graded alternatives deserve a look.
10,000+ funds tracked · the graded specialists among them drive every read
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
TCVIX vs the Honor Roll · share card ↗Conviction exposure
6.2%
of the book in specialist-converged names
Late-stage weight
33%
of the book in Crowded or Fading names
Active share
94.3%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
TCVIX earns a B grade, ranking 228 of 500, with specialist ownership at a modest 6.2 percent. The early story here is defense, with LHX and LDOS both in Emerging stage, while five positions including RRX and FHN show specialists already walking away. A third of the portfolio sits in late stage trades, which is worth watching.
→ Monitor RRX, FHN, DTE, and DOV closely, as specialists are fading from all four positions simultaneously.
→ Higher graded funds exist within the Touchstone family, so compare this fund's grade and specialist backing before adding more.
Support leaving these positions
Same family, higher grade
Read from today's disclosed book. Evidence, not advice.