Two Federated International Funds Earn Lipper Fund Awards

  • Federated InterContinental Fund and Federated Emerging Market Debt Fund named top funds for consistent return in their respective categories

(PITTSBURGH, Pa., 03/24/2011 11:27 PM) — Federated Investors, Inc. (NYSE: FII), one of the nation’s largest investment managers, today announced that two of its mutual funds received Lipper Fund Awards recognizing their category-leading performance.  Lipper, a leading global provider of mutual fund research and analysis, based the awards on the calculation of consistent return for three- and 10-year periods ending Dec. 31, 2010.

Federated InterContinental Fund (RIMAX) earned the Lipper Fund Award in the International Multi-Cap Core Funds classification and ranked best out of 50 funds for the 10-year period.  The fund seeks to provide investors with long-term capital appreciation, primarily in equity securities of foreign companies in both developed and emerging markets through a country-first selection process, followed by equity selection.  Federated InterContinental Fund is managed by Audrey H. Kaplan and Geoffrey C. Pazzanese.

Now named Federated Emerging Market Debt Fund (IHIAX), the Federated International High Income Fund earned the Lipper Fund Award in the Emerging Markets Debt Funds category and ranked best out of 74 funds for the three-year period. The fund seeks to provide investors with current income and capital appreciation by investing primarily in emerging market fixed-income securities.  Federated Emerging Market Debt Fund is managed by Roberto Sanchez-Dahl and Paolo H. Valle.

“As international investing continues to command greater attention, we are proud that two of Federated’s international performers were identified,” 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 performance of these two international funds.”

Federated Investors, Inc.  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