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(PITTSBURGH, Pa., 10/14/2011 09:16 AM) — Federated Enhanced Treasury Income Fund (NYSE: FTT) today announced the monthly distribution under its managed distribution plan. Under the plan, the fund makes monthly cash distributions approximating 5.5% of the fund’s net asset value (NAV) on an annualized basis. The fund may make distributions in excess of those required under the plan in order to meet its obligations under the Internal Revenue Code.
Pursuant to the plan, the fund declared its monthly distribution for October. The distribution amount is based on the fund’s NAV of $17.00 on Sept. 30, 2011.
Record Date: Oct. 24, 2011
Ex-Dividend Date: Oct. 20, 2011
Payable Date: Oct. 31, 2011
|Distributions Per Share|
|Amount||Change From Previous Month|
|Federated Enhanced Treasury Income Fund||$0.077||$(0.001)|
The fund’s distributions under the plan, including the current distribution, may include net investment income, net realized long-term capital gains, net realized short-term capital gains and return of capital. 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. Investors should not draw any conclusions about the fund’s investment performance from the amount of this distribution or from the terms of the fund’s plan. 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.
Senior Portfolio Manager Donald Ellenberger and Dix Hills Managing Partner Joseph Baggett will discuss the fund, including performance and key management points, at 2 p.m. Eastern on Tuesday, Oct. 18, 2011. Investors are invited to listen by calling 1-866-600-0804 and entering conference ID: 14819599. A replay will be available after 4 p.m. and through Nov. 18, 2011 by calling 1-855-859-2056.
Federated Investors, Inc. (NYSE: FII) is one of the largest investment managers in the United States, managing $349.4 billion in assets as of June 30, 2011. With 134 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to approximately 4,900 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. For more information, visit FederatedInvestors.com.