According to CoinMeta, Touchstone Dividend Equity Fund (Class A shares, exempt from fees) underperformed the benchmark – the Russell 1000 Value Index – in the quarter ending June 30, 2026. The fund's dividend-oriented investment strategy was also affected, as stocks with higher dividends performed poorly during this period compared to companies with lower dividend yields. The U.S. stock market performed strongly in the second quarter of 2026, thanks to strong economic growth, corporate earnings exceeding expectations, and improved investor sentiment, with geopolitical risks also easing.