Touchstone Strategic Income ETF (SIO)

The Touchstone Strategic Income ETF is an actively managed exchange-traded fund from Touchstone Investments, a Cincinnati-based fund sponsor that is part of Western and Southern Financial Group. The fund seeks to provide a high level of current income, with total return as a secondary consideration.

It takes a flexible, multi-sector approach to fixed income, allocating across areas such as investment-grade and high-yield corporate bonds, securitized debt, government securities and other debt instruments. The subadviser shifts sector allocations and interest-rate exposure based on its assessment of relative value rather than tracking a benchmark index.