Federated Short-Term Income Fund (Y) FSTYX

Share Classes Product Type Asset Class Category
Mutual Fund Fixed Income Short-Term Bond
As of 11-30-2014

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   FSTYX
Fund Number(s)   638
Newspaper Listing   ShtIncY
CUSIP   31420C787
Benchmark   Barclays 1-3 Year Government/Credit Index
Performance Inception Date   08-26-2004
Fiscal Year-End   4-30

Morningstar Ratings™

disclosures »
    Funds in Category
Overall 435
3 Year 435
5 Year 377
10 Year 270
Based on risk adjusted total return. The overall rating is derived from a weighted average of the fund’s three-, five-, and ten-year average annual returns, as applicable.

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.

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