Federated Short-Term Income Fund (IS) FSTIX
- Pursues current income.
- Invests in asset-backed, mortgage-backed and corporate bonds as well as U.S. Treasury securities.
- Maintains a portfolio dollar-weighted average effective duration of one to three years.
- Seeks to provide a relatively conservative approach to earning a higher level of income than is generally available through money market funds.
Key Investment Team
|Benchmark||BofA Merrill Lynch 0-3 Year Composite Index|
|Performance Inception Date||07-01-1986|
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