Mutual funds are subject to risks and fluctuate in value.
On June 20, 2016, the R Shares of this Federated fund was closed to new accounts. New R Shares purchases by existing R shareholders will continue to be permitted through the close of business on August 31, 2016. Pursuant to a plan of conversion, R shareholders will automatically receive shares of R6 in exchange for their R Shares without any fee, load or charge, as of the open of business on September 1, 2016.
The fund’s R Shares commenced operations on December 12, 2006. For the period prior to the commencement of operations of the R Shares, the performance information shown is for the fund’s Institutional Shares, adjusted to reflect the expenses of the R Shares. See the prospectus for other fees and expenses that apply to a continued investment in the fund.
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.