Mutual funds are subject to risks and fluctuate in value.
The fund’s Institutional Share commenced operations on January 29, 2010. For the period prior to the commencement of operations for the Institutional Shares, the performance information shown is for the fund’s A Shares. The performance of the A Shares has not been adjusted to reflect the expenses of the Institutional Shares since the Institutional Share is estimated to have a lower expense ratio than the expense ratio of the A Shares. The performance of the A Shares has been adjusted to remove any voluntary waiver of the fund’s expenses related to the A Shares that may have occurred during the period prior to the commencement of operations of the Institutional Shares.
Mid-capitalization companies often have narrower markets and limited managerial and financial resources compared to larger and more established companies.
The quantitative models and analysis used by the fund may perform differently than expected and negatively affect fund performance.
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.