Two Federated Income Funds Earn Lipper Awards as Best in Category

  • Federated Capital Income Fund and Federated Strategic Income Fund named top funds for long-term consistent return in their respective categories

(PITTSBURGH, Pa., 03/15/2013 09:19 AM) — Federated Investors, Inc. (NYSE: FII), one of the nation’s largest investment managers, today announced that two of its income-oriented mutual funds received Lipper Fund Awards recognizing their category-leading performance.  Federated Capital Income Fund and Federated Strategic Income Fund earned the awards based on Lipper’s calculation of consistent return for the 10-year period ending Dec. 31, 2012.

Federated Capital Income Fund (CAPFX) earned the Lipper Fund Award in the Mixed-Asset Target Allocation Conservative Funds classification and ranked best out of 91 funds for the 10-year period.  Federated Capital Income Fund seeks to provide high current monthly income relative to the broad market through a diversified portfolio of income-producing stocks and bonds.  The fund invests in high dividend-paying stocks of undervalued and market-leading companies across all market sectors, as well as a strategic mix of bond sectors: U.S. high-yield, U.S. high-quality (government and corporate) and international (emerging and developed).  Federated Capital Income Fund is managed by a team of equity and fixed-income portfolio managers.

Federated Strategic Income Fund (STIAX) earned the Lipper Fund Award in the Multi-Sector Income Funds category and ranked best out of 78 funds for the 10-year period.  The fund pursues a high level of current income by investing in a strategic mix of bond sectors: U.S. high-yield, U.S. high-quality (government and corporate) and international (emerging and developed).  Federated Strategic Income Fund is managed by a team of fixed-income portfolio managers.

“As investors continue to seek attractive income-oriented strategies, we are proud that the Federated Capital Income Fund and the Federated Strategic Income Fund were recognized as the top funds in their categories for long-term consistent returns,” said John B. Fisher, president and chief executive officer, Federated Advisory Companies. “We appreciate Lipper’s recognition of the talented investment professionals who contributed to the strong performance of these two income funds.”

Lipper is a leading global provider of mutual fund research and analysis.

Federated Investors, Inc. is one of the largest investment managers in the United States, managing $379.8 billion in assets as of Dec. 31, 2012.  With 137 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to approximately 4,700 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. For more information, visit


The currency for the calculation corresponds to the currency of the country for which the awards are calculated and relies on monthly data. Classification averages are calculated with all eligible share classes for each eligible classification. The calculation periods extend over 36, 60, and 120 months. The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner over three, five, or ten years. For a detailed explanation please review the Lipper Leaders methodology document on

Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.  Users acknowledge that they have not relied upon any warranty, condition, guarantee or representation made by Lipper.  Any use of the data for analyzing, managing or trading financial instruments is at the user’s own risk.  This is not an offer to buy or sell securities.

Past performance is no guarantee of future results.

International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards. Prices of emerging-markets securities can be significantly more volatile than the prices of securities in developed countries, and currency risk and political risks are accentuated in emerging markets.

Bond prices are sensitive to changes in interest rates, and a rise in interest rates can cause a decline in their prices.

High-yield, lower-rate securities generally entail greater market, credit/default and liquidity risk and may be more volatile than investment-grade securities.

For more complete information, visit or contact your investment professional for summary prospectuses or prospectuses. You should consider the fund’s investment objectives, risks, charges and expenses carefully before you invest. Information about these and other important subjects is in the fund’s summary prospectus or prospectus, which you should read carefully before investing.

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