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(PITTSBURGH, Pa., 02/08/2011 09:04 AM) — Federated Enhanced Treasury Income Fund (NYSE: FTT) declared its monthly distribution. The fund employs an integrated U.S. Treasury-based strategy with option writing and a duration management overlay in order to seek to provide investors with the potential for current income and total return.
Record Date: Feb. 18, 2011
Ex-Dividend Date: Feb. 16, 2011
Payable Date: Feb. 28, 2011
|Dividends Per Share|
|Amount||Change From Previous Month|
|Federated Enhanced Treasury Income Fund||$0.08||$(0.04)|
Fund management periodically reviews the level and appropriateness of the fund’s distribution. The reduction in the distribution rate attempts to strike a balance between seeking to maximize total return, stabilize NAV, reduce return of capital and provide a competitive distribution rate in the context of current market rates.
Fund management will be posting a commentary today to FederatedInvestors.com regarding this change in monthly distribution. Investors can view this commentary and additional portfolio information under the Products section of FederatedInvestors.com.
The fund’s distribution may include sources other than net investment income, including a return of capital (which is not a distribution from income or gains of the fund). If a distribution does not consist solely of net investment income, a notice with the estimated components of the distribution will be (i) provided to shareholders at the time of payment; and (ii) posted to the fund’s website at FederatedInvestors.com. Investors should use the Form 1099-DIV sent after calendar year end, and not the notice, to prepare tax returns.
Federated Investors, Inc. (NYSE: FII) is one of the largest investment managers in the United States, managing $358.2 billion in assets as of Dec. 31, 2010. With 136 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to approximately 5,000 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. For more information, visit FederatedInvestors.com.