Bond prices are sensitive to changes in interest rates, and a rise in interest rates can cause a decline in their prices.
A portion of the fund may be invested in the Federated Core Trust-High Yield Bond Portfolio. This pool of securities provides more effective diversification than is available through the purchase of individual high yield securities.
High-yield, lower-rate securities generally entail greater market, credit/default and liquidity risk and may be more volatile than investment-grade securities.
Index classifications are based upon, and individual portfolio securities are assigned to, the classification and sub-classification categories of the Barclays High Yield 2% Issuer Capped Index (BCHY2%ICI). Individual portfolio securities that are not included in the BCHY2%ICI are assigned to an index classification category at the discretion of the fund’s advisor.
Past performance is no guarantee of future results.
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.
"Category" product classifications noted at the top are Federated's internal classifications.
Federated Securities Corp., Distributor
| Not FDIC Insured |
May Lose Value |
No Bank Guarantee |
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