Mutual funds are subject to risks and fluctuate in value.
Diversification does not assure a profit nor protect against loss.
International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards.
There are no guarantees that dividend-paying stocks will continue to pay dividends.
Past performance is no guarantee of future results.
"Category" product classifications noted at the top are Federated's internal classifications.
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.