All Mutual Funds

 

Fluctuating Mutual Funds

hide
Federated Product
Name
Performance
Inception
Date
Daily Performance
as of 10-24-2014
Yields as of
09-30-2014
Total Returns
as of 09-30-2014
Expense Ratio
Waivers
    Price (NAV)
($)
NAV Change
($)
YTD Total
Return
(NAV)(%)
30-Day Unsub.
30-Day
YTD
Cum.
1
Year
Ann.
3
Year
Ann.
5
Year
Ann.
10
Year
Ann.
Ann.
Since
Inc.
Before After
Absolute Return Fund A 12-04-2000 9.97 0.02 3.64 0.35 0.27 -0.69 2.90 -0.40 -0.85 -0.02 3.11 1.52 1.39
Absolute Return Fund B 12-04-2000 9.81 0.02 2.94 N/A N/A -1.09 2.47 -0.60 -0.87 -0.05 3.09 2.27 2.14
Absolute Return Fund C 12-04-2000 9.77 0.03 3.06 N/A N/A 3.49 6.92 0.73 -0.47 -0.20 2.76 2.27 2.14
Bond Fund A 06-28-1995 9.52 -0.02 6.19 3.16 2.98 0.31 1.76 4.41 6.13 5.60 6.16 1.20 0.99
Bond Fund B 06-28-1995 9.58 -0.01 5.55 N/A N/A -1.09 0.19 3.96 5.95 5.40 6.07 1.95 1.80
Bond Fund C 06-28-1995 9.58 -0.01 5.44 N/A N/A 3.40 4.80 5.21 6.29 5.24 5.59 1.95 1.80
Bond Fund F 05-20-1987 9.59 -0.02 6.11 3.24 3.09 3.01 4.60 5.38 6.86 5.94 7.46 1.20 1.03
Capital Income Fund A 05-27-1988 8.57 -0.02 3.90 4.48 4.30 -1.47 3.08 9.67 8.44 6.86 6.98 1.13 0.90
Capital Income Fund B 09-28-1994 8.59 -0.01 3.25 N/A N/A -1.85 2.93 9.83 8.54 6.83 5.38 1.88 1.65
Capital Income Fund C 04-27-1993 8.57 -0.01 3.27 N/A N/A 2.66 7.33 10.91 8.83 6.66 4.54 1.88 1.65
Capital Income Fund F 06-01-1996 8.57 -0.01 4.02 4.69 4.50 2.16 7.10 11.12 9.43 7.36 4.87 1.13 0.90
Clover Small Value Fund A 02-28-1996 26.20 0.05 1.12 0.39 0.22 -4.11 5.27 18.19 12.05 7.91 10.95 1.53 1.29
Clover Small Value Fund C 02-28-1996 25.45 0.05 0.51 N/A N/A -0.09 9.54 19.55 12.48 7.79 10.50 2.30 2.04
Clover Value Fund A 12-06-1991 22.27 0.08 2.82 0.81 0.73 -1.66 9.42 20.13 11.86 7.53 9.81 1.31 1.20
Clover Value Fund B 12-06-1991 22.11 0.09 2.23 N/A N/A -2.02 9.40 20.60 12.05 7.50 9.80 2.19 1.93
Clover Value Fund C 12-06-1991 22.14 0.09 2.23 N/A N/A 2.48 13.94 21.51 12.30 7.38 9.29 2.09 1.93
Emerging Market Debt Fund A 10-02-1996 9.34 0.01 4.64 4.71 4.21 1.39 1.96 5.53 6.82 7.88 8.18 1.50 1.19
Emerging Market Debt Fund B 10-02-1996 9.31 0.01 4.02 N/A N/A 0.19 0.50 5.20 6.69 7.72 8.10 2.28 1.94
Emerging Market Debt Fund C 10-02-1996 9.30 0.02 4.14 N/A N/A 4.71 5.01 6.37 6.99 7.57 7.64 2.28 1.94
Equity Income Fund, Inc. A 12-30-1986 24.16 0.15 2.62 1.11 1.10 -1.21 9.87 17.49 12.74 7.24 8.55 1.17 1.14
Equity Income Fund, Inc. B 09-28-1994 24.10 0.16 1.98 N/A N/A -1.57 9.85 17.85 12.87 7.15 7.73 1.99 1.95
Equity Income Fund, Inc. C 05-04-1993 24.13 0.16 2.00 N/A N/A 2.94 14.40 18.83 13.13 7.00 7.17 1.93 1.90
Equity Income Fund, Inc. F 11-13-1993 24.18 0.16 2.41 0.91 0.91 2.28 13.83 18.79 13.48 7.43 7.32 1.40 1.40
Floating Rate Strategic Income Fund A 02-23-2011 9.92 0.01 0.73 2.74 2.64 -1.12 0.34 3.85 N/A N/A 2.74 1.24 1.10
Floating Rate Strategic Income Fund C 12-03-2010 9.93 0.01 0.25 N/A N/A -0.54 0.69 3.49 N/A N/A 1.95 1.93 1.75
Fund for U.S. Government Securities A 10-06-1969 7.60 0.01 4.47 2.52 2.52 -1.02 -1.44 0.09 1.79 3.15 6.42 0.90 0.90
Fund for U.S. Government Securities B 07-26-1994 7.59 0.00 3.60 N/A N/A -2.58 -3.13 -0.44 1.61 3.01 4.70 1.65 1.65
Fund for U.S. Government Securities C 04-27-1993 7.59 0.00 3.75 N/A N/A 1.93 1.37 0.83 1.95 2.83 3.89 1.65 1.65
Global Allocation Fund A 12-31-1968 19.56 0.12 1.21 1.00 0.93 -4.02 1.87 10.09 7.45 5.54 7.49 1.41 1.28
Global Allocation Fund B 08-30-1996 19.15 0.11 0.54 N/A N/A -4.49 1.75 10.21 7.49 5.46 6.14 2.23 2.09
Global Allocation Fund C 04-19-1993 19.10 0.11 0.60 N/A N/A 0.08 6.11 11.36 7.84 5.32 6.07 2.19 2.03
Government Income Securities, Inc. A 08-05-1996 9.03 0.00 4.09 1.93 1.76 -1.51 -1.93 -0.17 1.80 2.98 4.48 1.16 0.99
Government Income Securities, Inc. B 08-05-1996 9.00 0.01 3.40 N/A N/A -3.02 -3.59 -0.71 1.59 2.85 4.40 1.91 1.75
Government Income Securities, Inc. C 08-05-1996 9.03 0.00 3.38 N/A N/A 1.58 1.01 0.61 1.98 2.68 3.97 1.91 1.75
Government Income Securities, Inc. F 04-04-1986 9.01 0.00 3.98 2.00 1.83 1.03 0.67 0.71 2.54 3.36 5.66 1.16 0.99
Government Ultrashort Duration Fund A 07-10-1997 9.89 0.00 0.10 -0.14 -0.50 -1.88 -1.79 -0.67 -0.34 1.36 2.12 1.07 0.70
High Income Bond Fund, Inc. A 11-30-1977 7.77 0.00 3.82 4.17 4.17 -2.20 0.88 8.13 8.63 6.88 8.56 1.24 1.24
High Income Bond Fund, Inc. B 09-28-1994 7.76 0.01 3.18 N/A N/A -3.68 -0.81 7.79 8.52 6.73 6.75 1.99 1.99
High Income Bond Fund, Inc. C 05-01-1993 7.76 0.01 3.31 N/A N/A 0.86 3.68 8.93 8.81 6.56 6.16 1.99 1.99
High Yield Trust A 08-23-1984 6.84 0.00 4.63 3.92 3.89 -1.26 2.86 11.93 10.68 7.74 8.13 1.09 0.99
High Yield Trust C 08-23-1984 6.83 0.00 3.89 N/A N/A 1.83 5.91 12.85 10.89 7.44 7.49 1.84 1.74
High Yield Trust IS 08-23-1984 6.82 0.01 4.77 N/A N/A 3.54 7.99 13.95 11.98 8.50 8.56 0.87 0.74
High Yield Trust SS 08-23-1984 6.82 0.00 4.42 N/A N/A 3.34 7.71 13.89 11.96 8.51 8.72 1.10 0.99
Institutional High Yield Bond Fund IS 11-01-2002 10.17 0.00 4.25 N/A N/A 3.12 6.59 10.70 10.34 8.19 9.85 0.58 0.50
InterContinental Fund A 10-02-1998 48.67 0.07 -10.20 N/A N/A -11.60 -8.37 7.79 3.85 6.33 5.83 1.46 1.30
InterContinental Fund B 10-02-1998 48.48 0.07 -10.80 N/A N/A -12.12 -9.06 7.84 3.87 6.33 5.86 2.38 2.09
InterContinental Fund C 10-02-1998 48.29 0.07 -10.77 N/A N/A -7.93 -4.74 8.98 4.22 6.16 5.47 2.25 2.09
International Bond Fund A 06-04-1991 10.48 0.02 1.55 0.36 -0.65 -3.89 -5.28 -3.02 -0.59 2.38 4.94 1.95 1.00
International Bond Fund B 09-28-1994 10.23 0.02 0.89 N/A N/A -5.40 -6.97 -3.51 -0.78 2.25 4.11 2.45 1.75
International Bond Fund C 04-01-1993 10.14 0.02 0.90 N/A N/A -0.90 -2.55 -2.27 -0.43 2.09 4.06 2.45 1.75
International Leaders Fund A 09-30-1998 31.47 0.06 -6.78 N/A N/A -9.13 -2.71 16.84 8.71 8.54 9.14 1.48 1.24
International Leaders Fund B 09-30-1998 29.38 0.06 -7.35 N/A N/A -9.64 -3.35 17.20 8.83 8.50 9.12 2.26 1.99
International Leaders Fund C 09-30-1998 29.33 0.06 -7.33 N/A N/A -5.32 1.16 18.17 9.13 8.33 8.72 2.27 1.99
International Small-Mid Company Fund A 02-28-1996 38.86 -0.01 -11.12 N/A N/A -12.99 -6.64 12.54 7.80 7.65 9.72 2.00 1.85
International Small-Mid Company Fund B 02-28-1996 32.96 -0.02 -11.71 N/A N/A -13.50 -6.62 12.74 7.87 7.59 9.70 2.75 2.65
International Small-Mid Company Fund C 02-28-1996 32.93 -0.02 -11.69 N/A N/A -9.39 -2.83 13.76 8.16 7.42 9.21 2.75 2.65
International Small-Mid Company Fund IS 02-28-1996 39.33 -0.01 -10.96 N/A N/A -7.79 -1.01 14.89 9.24 8.41 10.00 1.75 1.65
International Strategic Value Dividend Fund A 06-04-2008 4.12 0.01 0.36 3.54 3.39 -2.44 1.57 9.74 6.46 N/A 0.49 1.29 1.11
International Strategic Value Dividend Fund C 06-04-2008 4.10 0.01 -0.18 N/A N/A 1.75 5.53 11.06 6.85 N/A 0.62 2.04 1.86
Kaufmann Fund A 02-21-1986 6.39 0.04 3.73 N/A N/A -1.51 9.27 20.64 11.49 8.19 11.81 2.09 1.96
Kaufmann Fund B 02-21-1986 5.82 0.04 3.19 N/A N/A -1.95 9.48 21.35 11.92 8.32 11.87 2.59 2.51
Kaufmann Fund C 02-21-1986 5.81 0.03 3.20 N/A N/A 2.73 13.95 22.24 12.14 8.20 11.46 2.59 2.51
Kaufmann Fund R 02-21-1986 6.40 0.04 3.73 N/A N/A 4.01 15.37 22.90 12.74 8.79 12.19 2.31 1.96
Kaufmann Large Cap Fund A 12-05-2007 17.85 0.15 6.82 N/A N/A 1.92 9.14 24.58 15.60 N/A 9.65 1.24 1.10
Kaufmann Large Cap Fund C 12-05-2007 16.99 0.14 6.12 N/A N/A 6.18 13.55 25.94 15.97 N/A 9.69 1.98 1.88
Kaufmann Small Cap Fund A 12-18-2002 27.79 0.12 -1.42 N/A N/A -5.87 3.97 21.51 13.15 8.56 13.06 2.16 1.96
Kaufmann Small Cap Fund B 12-18-2002 25.52 0.12 -1.85 N/A N/A -6.26 4.39 22.27 13.57 8.70 13.21 2.71 2.51
Kaufmann Small Cap Fund C 12-18-2002 25.52 0.11 -1.85 N/A N/A -1.80 8.48 23.15 13.81 8.58 13.01 2.65 2.51
MDT All Cap Core Fund A 10-01-2002 20.54 0.15 6.81 0.39 0.36 2.11 14.14 23.61 13.73 6.26 8.31 1.44 1.36
MDT All Cap Core Fund C 10-01-2002 19.60 0.14 6.06 N/A N/A 6.36 18.88 24.95 14.08 6.04 7.98 2.22 2.16
MDT Balanced Fund A 10-01-2002 16.11 0.07 5.09 1.01 0.92 -0.37 6.57 13.32 8.65 5.28 7.01 1.46 1.34
MDT Balanced Fund C 10-01-2002 15.85 0.06 4.41 N/A N/A 3.87 11.00 14.60 9.07 5.08 6.71 2.18 2.09
MDT Large Cap Growth Fund A 09-15-2005 16.30 0.10 5.84 N/A N/A 0.43 11.97 20.78 13.95 N/A 6.35 1.62 1.51
MDT Large Cap Growth Fund B 09-15-2005 15.52 0.10 5.22 N/A N/A 0.26 12.15 21.25 14.17 N/A 6.35 2.37 2.26
MDT Large Cap Growth Fund C 09-15-2005 15.19 0.10 5.27 N/A N/A 4.75 16.66 22.16 14.39 N/A 6.21 2.37 2.26
MDT Mid Cap Growth Strategies Fund A 08-23-1984 46.94 0.25 5.89 N/A N/A 0.43 11.36 18.19 12.21 7.63 10.78 1.33 1.22
MDT Mid Cap Growth Strategies Fund B 08-16-1995 38.77 0.20 5.24 N/A N/A 0.17 11.48 18.60 12.39 7.58 8.37 2.20 1.97
MDT Mid Cap Growth Strategies Fund C 08-16-1995 39.28 0.21 5.25 N/A N/A 4.68 15.96 19.53 12.64 7.42 7.93 2.11 1.97
MDT Small Cap Core Fund A 09-15-2005 15.11 0.03 -3.70 N/A N/A -10.00 0.40 22.84 15.02 N/A 4.57 2.23 1.71
MDT Small Cap Core Fund C 09-15-2005 14.11 0.03 -4.27 N/A N/A -6.24 4.44 24.24 15.47 N/A 4.45 3.00 2.46
MDT Small Cap Growth Fund A 09-15-2005 17.62 0.03 -3.93 N/A N/A -10.20 -2.08 20.23 14.78 N/A 5.74 2.19 1.76
MDT Small Cap Growth Fund B 09-15-2005 16.88 0.04 -4.52 N/A N/A -10.74 -2.60 20.68 15.00 N/A 5.70 2.94 2.51
MDT Small Cap Growth Fund C 09-15-2005 16.45 0.03 -4.53 N/A N/A -6.40 1.91 21.60 15.23 N/A 5.60 2.94 2.51
MDT Stock Trust A 03-31-1982 29.11 0.21 7.96 1.10 0.95 3.22 15.73 25.93 15.17 7.89 11.75 1.26 0.99
Managed Risk Fund A 12-16-2013 10.24 0.03 -0.29 1.15 -6.72 -4.23 N/A N/A N/A N/A -1.32 4.11 1.20
Max-Cap Index Fund C 11-10-1997 16.81 0.11 6.78 N/A N/A 6.23 17.27 21.55 14.33 6.80 5.18 1.48 1.44
Michigan Intermediate Municipal Trust A 09-18-1991 11.43 0.02 6.33 1.26 1.09 2.42 3.03 2.65 3.28 3.44 4.85 0.94 0.75
Muni and Stock Advantage Fund A 09-26-2003 12.71 0.03 7.01 2.20 2.11 1.76 5.51 8.84 7.28 5.46 5.84 1.10 1.00
Muni and Stock Advantage Fund B 09-26-2003 12.70 0.03 6.33 N/A N/A 1.58 5.41 8.97 7.41 5.42 5.77 1.85 1.75
Muni and Stock Advantage Fund C 09-26-2003 12.69 0.03 6.25 N/A N/A 6.00 9.83 10.06 7.69 5.26 5.55 1.85 1.75
Muni and Stock Advantage Fund F 05-31-2007 12.71 0.03 7.01 2.31 2.22 5.64 9.54 10.26 8.29 N/A 4.58 1.10 1.00
Municipal High Yield Advantage Fund A 08-05-1996 8.91 0.01 13.24 3.17 3.02 7.22 7.56 5.47 5.51 4.01 4.38 1.06 0.89
Municipal High Yield Advantage Fund B 08-05-1996 8.91 0.01 12.54 N/A N/A 6.21 6.30 5.10 5.38 3.88 4.30 1.81 1.64
Municipal High Yield Advantage Fund C 08-05-1996 8.91 0.01 12.54 N/A N/A 10.70 10.80 6.29 5.70 3.73 3.86 1.81 1.64
Municipal High Yield Advantage Fund F 04-10-1987 8.91 0.01 13.24 3.29 3.14 10.25 10.57 6.46 6.29 4.39 5.50 1.06 0.89
Municipal Securities Fund, Inc. A 10-04-1976 10.64 0.01 9.39 1.68 1.60 3.67 4.08 3.29 3.50 3.44 5.39 0.95 0.87
Municipal Securities Fund, Inc. B 07-26-1994 10.64 0.01 8.54 N/A N/A 2.27 2.55 2.78 3.22 3.19 4.12 1.70 1.70
Municipal Securities Fund, Inc. C 04-21-1993 10.64 0.01 8.54 N/A N/A 6.77 7.05 4.03 3.57 3.02 3.44 1.70 1.70
Municipal Securities Fund, Inc. F 05-31-2007 10.63 0.01 9.29 1.74 1.65 6.48 6.89 4.24 4.25 N/A 3.85 0.95 0.87
Municipal Ultrashort Fund A 10-24-2000 10.05 0.00 0.40 -0.01 -0.23 -1.58 -1.41 -0.30 0.21 1.37 1.67 1.03 0.80
New York Municipal Income Fund A 12-02-1992 10.46 0.01 7.53 1.65 0.96 2.19 2.46 2.54 3.23 3.19 4.60 1.46 0.76
New York Municipal Income Fund B 09-05-2002 10.46 0.01 6.88 N/A N/A 0.91 0.96 2.08 3.06 3.04 3.29 2.21 1.52
Ohio Municipal Income Fund A 10-12-1990 11.31 -0.01 7.30 1.54 1.39 1.77 2.10 2.69 3.20 3.06 4.63 0.89 0.75
Ohio Municipal Income Fund F 10-12-1990 11.31 -0.02 7.17 1.45 1.05 4.38 4.66 3.47 3.80 3.46 5.16 1.29 0.90
Pennsylvania Municipal Income Fund A 10-11-1990 11.00 -0.02 8.26 1.81 1.69 2.67 2.97 2.62 3.30 3.00 5.14 0.88 0.75
Pennsylvania Municipal Income Fund B 03-04-1997 11.01 -0.01 7.66 N/A N/A 1.45 1.53 2.18 3.12 2.85 3.95 1.63 1.52
Prudent Bear Fund A 12-28-1995 2.38 -0.01 -9.85 -2.46 -2.46 -14.34 -22.90 -23.17 -17.01 -6.57 -4.82 2.77 2.77
Prudent Bear Fund C 02-08-1999 2.15 -0.01 -10.42 N/A N/A -10.49 -19.84 -22.21 -16.67 -6.72 -2.12 3.52 3.52
Prudent DollarBear Fund A 02-02-2000 10.57 0.01 -4.69 -0.70 -0.83 -8.96 -10.30 -5.38 -2.49 1.67 3.58 1.39 1.32
Prudent DollarBear Fund C 02-02-2000 10.25 0.00 -5.36 N/A N/A -6.21 -7.80 -4.63 -2.33 1.38 1.93 2.14 2.07
Real Return Bond Fund A 10-18-2006 10.57 0.00 1.67 -0.57 -1.38 -3.39 -3.64 -0.40 1.55 N/A 3.16 1.34 0.75
Real Return Bond Fund C 10-18-2006 10.50 0.00 1.00 N/A N/A -0.38 -0.79 0.38 1.72 N/A 3.09 2.09 1.50
Short-Intermediate Duration Municipal Trust A 12-11-2006 10.43 0.00 1.84 0.41 0.33 0.60 1.15 1.11 1.69 N/A 2.07 1.05 0.97
Short-Intermediate Total Return Bond Fund A 01-31-2014 10.58 0.01 N/A 2.12 1.93 N/A N/A N/A N/A N/A 0.79 0.87 0.61
Short-Term Income Fund A 08-26-2004 8.58 0.00 0.54 0.40 0.19 -0.50 -0.30 0.72 1.54 2.45 2.46 1.32 1.11
Strategic Income Fund A 05-04-1994 9.17 0.01 4.06 3.77 3.71 -1.32 0.21 4.20 5.69 6.04 6.79 1.34 1.27
Strategic Income Fund B 07-27-1995 9.16 0.01 3.53 N/A N/A -2.60 -1.33 3.82 5.55 5.88 6.65 2.09 2.02
Strategic Income Fund C 05-02-1994 9.17 0.02 3.52 N/A N/A 1.78 3.16 5.04 5.85 5.73 6.23 2.09 2.02
Strategic Income Fund F 05-10-1994 9.12 0.01 4.08 3.91 3.85 1.37 2.95 5.16 6.42 6.41 6.93 1.34 1.27
Strategic Value Dividend Fund A 03-30-2005 6.13 0.03 9.78 3.15 3.02 3.55 10.54 13.70 13.20 N/A 6.62 1.20 1.06
Strategic Value Dividend Fund C 03-30-2005 6.14 0.04 9.16 N/A N/A 7.98 15.05 14.98 13.66 N/A 6.48 1.95 1.81
Total Return Bond Fund A 08-16-2001 11.10 0.00 4.34 2.40 2.31 -0.86 -0.27 1.42 3.40 4.12 4.49 1.02 0.92
Total Return Bond Fund B 08-03-2001 11.10 0.00 3.92 N/A N/A -2.15 -1.61 1.19 3.43 4.16 4.59 1.56 1.47
Total Return Bond Fund C 08-02-2001 11.10 0.00 3.93 N/A N/A 2.37 2.91 2.46 3.81 4.07 4.38 1.51 1.47
Ultrashort Bond Fund A 05-31-1997 9.17 0.00 0.48 0.35 0.15 -1.56 -1.20 0.38 1.07 1.85 2.74 1.12 0.92
Unconstrained Bond Fund A 07-01-2011 9.43 0.01 -0.30 0.65 -0.63 -3.83 -2.13 -1.94 N/A N/A -1.01 1.61 1.21
Funds not found in this share class.

Money Market Mutual Funds

hide
Federated Product
Name
Performance
Inception
Date
Daily Performance
as of 10-24-2014
Yields as of
09-30-2014
Total Returns
as of 09-30-2014
    Price (NAV)
($)
NAV Change
($)
YTD Total
Return
(NAV)(%)
7-Day
Net Yield
7-Day Unsub.
Net Yield
YTD
Cum.
1
Year
Ann.
3
Year
Ann.
5
Year
Ann.
10
Year
Ann.
Ann.
Since
Inc.
Liberty U.S. Government Money Market Trust B 12-17-1994 1.00 0.00 0.00 0.00 -1.90 -5.50 -5.50 -1.35 -0.40 0.88 1.95
Liberty U.S. Government Money Market Trust C 05-02-2005 1.00 0.00 0.00 0.00 -1.90 -1.00 -1.00 0.00 0.00 N/A 0.92
Liberty U.S. Government Money Market Trust F 05-02-2005 1.00 0.00 0.00 0.00 -1.15 -1.00 -1.00 -0.33 0.00 N/A 1.26
Funds not found in this share class.

 
 
 
 
 
 
 
 
 
 
 

Fluctuating Mutual Funds Disclosures

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.

Current performance may be lower or higher than what is stated.

To view expense information or performance current to the most recent month-end, click on the Fund Name and then the "Performance" tab.

Please note that daily fund prices are posted to this web page at approximately 6:15 p.m. ET and are updated each day that the New York Stock Exchange is open for regular trading.  Daily fund prices are subject to normal quality control, validation and verification after such posting and prior to 10:00 a.m. ET the next business day, remain subject to change.

Mutual funds are not deposits or obligations of any bank, are not guaranteed by any bank, and are not insured or guaranteed by the U.S. government, the FDIC, the Federal Reserve Board or any other government agency. Investment in mutual funds involves risk, including possible loss of principal.

Total returns for periods of less than one year are cumulative.

Unless otherwise stated, performance shown in the “Maximum Offering Price” tables reflects sales charges or contingent-deferred sales charges.  Performance shown in the “Net Asset Value” tables does not reflect any applicable sales charges or contingent deferred sales charges.  If such charges were included, it would reduce the performance quoted. 

Class A Shares of equity funds have a maximum sales charge of 5.50%.

Class A Shares of fixed-income funds have a maximum sales charge of 4.50%, except for: Federated Short-Term Income Fund, which has a maximum sales charge of 1.0%, Federated Government Ultrashort Duration Fund, Federated Municipal Ultrashort Fund, Federated Ultrashort Bond Fund, and Federated Floating Rate Strategic Income Fund which have a maximum sales charge of 2.0% and Federated Michigan Intermediate Municipal Trust which has a maximum sales charge of 3.0%.

All Class B Shares have a maximum contingent-deferred sales charge of 5.50%.

All Class C Shares have a maximum contingent-deferred sales charge of 1.0%.

All Class F Shares have a maximum sales charge of 1.0% and a maximum contingent-deferred sales charge of 1.0%.

Certain funds are subject to a 2.0% redemption fee. Federated High Yield Trust, Federated High Income Bond Fund, Inc., and Federated Institutional High Yield Bond Fund are subject to a redemption fee if shares are redeemed or exchanged within 90 days of purchase and Federated International Small-Mid Company Fund is subject to a redemption fee if shares are redeemed or exchanged within 30 days of purchase.

See the prospectus for other fees and expenses that apply to a continued investment in the fund.
In the absence of temporary expense waivers, total return for some of the funds may have been lower.

Performance shown is before-tax. Visit www.federatedinvestors.com - Products and Performance to view the fund's after-tax returns.

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.

Federated Securities Corp., Distributor

Money Market Disclosures

Performance quoted represents past performance, which is no guarantee of future results. Investment return will vary. An investor's shares, when redeemed, may be worth more or less than the original cost.

Current performance may be lower or higher than what is stated.

An investment in money market funds is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds.

To view performance current to the most recent month-end, click on the Fund Name and then the "Performance" tab, or call 1-800-341-7400.

Please note that daily fund prices are posted to this web page at approximately 4:00 p.m. (Eastern Time) and are updated each day that the New York Stock Exchange is open for regular trading. Daily fund prices and dividend factors are subject to normal quality control, validation and verification after such posting. and, prior to 10:00 a.m. (Eastern Time) the next business day, remain subject to change.

Mutual funds are not deposits or obligations of any bank, are not guaranteed by any bank, and are not insured or guaranteed by the U.S. government, the FDIC, the Federal Reserve Board or any other government agency. Investment in mutual funds involves risk, including possible loss of principal.

Total returns for periods of less than one year are cumulative.

All of the named funds declare dividends daily and pay them monthly.
In the absence of temporary expense waivers or reimbursements, total return and yield for some of the funds may have been lower. Unsubsidized yield is what the yield would have been absent these waivers or reimbursements.

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.

Federated Securities Corp., Distributor
Copyright © 2014 Federated Investors, Inc.

Connect with us: LinkedIn YouTube iTunes