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Federated Enhanced Treasury Income Fund Reports Annual Earnings

(PITTSBURGH, Pa., Jan. 30, 2012) — Federated Enhanced Treasury Income Fund (NYSE: FTT) today announced earnings for the fiscal year ended Nov. 30, 2011.  The fund employs an integrated U.S. Treasury-based strategy with an option writing strategy and a duration management overlay in order to provide the potential for current income and total return.

For the fiscal year ended Nov. 30, 2011, FTT reported net investment income of $2.0 million or $0.21 per share.  FTT made distributions of $9.8 million, or $1.02 per share of which $8.0 million, or $0.81 per share, represented a return of capital.  Net realized and unrealized losses were $6.5 million or $0.68 per share.  Total managed assets of the fund were $158.2 million and the net asset value per share was $16.54.

Fund composition and performance data for the fund as of Dec. 31, 2011 are available in the Products section of FederatedInvestors.com.  Data is updated on the website approximately 15 days following each month-end and full portfolio listings are updated approximately 30 days following each calendar quarter-end.  To order hard copies or to be placed on a mailing list, call 1-800-245-0242 x5588079, email CEinfo@federatedinv.com or write to Federated Investors, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222.

Federated Investors, Inc. (NYSE: FII) is one of the largest investment managers in the United States, managing $369.7 billion in assets as of Dec. 31, 2011.  With 134 funds and 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 FederatedInvestors.com

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SUMMARY OF RESULTS OF OPERATIONS
(for a share outstanding throughout the period)
 

Year Ended

Nov. 30, 2011

Period Ended

Nov. 30, 20101

Net Asset Value, Beginning of Period $18.03 $19.10
Income from Investment Operations:    
Net investment income2 0.12 0.15
Net realized and unrealized loss on investments, future contracts and written options (0.68) (0.10)
TOTAL FROM INVESTMENT OPERATIONS (0.47) 0.05
Offering costs -- (0.04)
Less Distributions:    
From net investment income (0.21) (0.15)
Return of capital2,3 (0.81) (0.93)
TOTAL DISTRIBUTIONS TO SHAREHOLDERS (1.02) (1.08)
Net Asset Value, End of Period $16.54 $18.03
Market Price, End of Period $14.03 $16.67
Total Return at Net Asset Value4 (2.66)% 0.10%
Total Return at Market Price5 (10.12)% (11.72)%
1 Reflects operations for the period from January 29,2010 (date of initial investment) to November 30, 2010.
2 Per share numbers have been calculated using the average shares method.
3 Represents a return of capital for federal income tax purposes.
4 Total Return at Net Asset Value is the combination of changes in the Common Share net asset value, reinvested dividend income and reinvested capital gains distributions at net asset value, if any, and does not reflect the sales charge, if applicable. Total returns for periods of less than one year are not annualized.
5 Total Return at Market Price is the combination of changes in the market price per share and the effect of reinvested dividend income and reinvested capital gains distributions, if any, at the average price paid per share at the time of the reinvestment.

Media Contacts

For information and interviews, please contact our media relations team:

Melissa Ryan
412-288-8079

Meghan McAndrew
412-288-8103



 
 
 
 
 
 
 
 
 
 
 
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