Federated Short-Term Income Fund (IS) FSTIX

Share Classes Product Type Asset Class Category
Mutual Fund Fixed Income Short-Term Bond
As of 07-31-2014

Highlights

  • 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


Facts

Symbol   FSTIX
Fund Number(s)   65
Newspaper Listing   ShtIncI
CUSIP   31420C209
Benchmark   BofA Merrill Lynch 0-3 Year Composite Index
Performance Inception Date   07-01-1986
Fiscal Year-End   4-30

Morningstar Category & Style

disclosures »
Category Short-Term Bond
Style


 
 
 
 
 
 
 
 
 
 
 
Mutual funds are subject to risks and fluctuate in value.

Bond prices are sensitive to changes in interest rates, and a rise in interest rates can cause a decline in their prices.

The value of some mortgage-backed securities may be particularly sensitive to changes in prevailing interest rates, and although the securities are generally supported by some form of government or private insurance, there is no assurance that private guarantors or insurers will meet their obligations.
The fund is not a “money market” fund. A money market mutual fund attempts to maintain a stable net asset value through compliance with relevant SEC rules. The fund is not governed by those rules, and its shares will fluctuate in value.
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.

For additional information, including definitions of related terms and indexes, see the Financial Glossary and Benchmark Index Glossary.

Federated Securities Corp., Distributor
Not FDIC Insured May Lose Value No Bank Guarantee
Copyright © 2014 Federated Investors, Inc.

Connect with us: Twitter Facebook Linked In YouTube iTunes