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Mutual funds are subject to risks and fluctuate in value.
Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, contact us or view the prospectus provided on this website. Please carefully read the summary prospectus or prospectus before investing.
Federated Securities Corp., Distributor
Not FDIC Insured May Lose Value No Bank Guarantee
77237
Copyright © 2014 Federated Investors, Inc.

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