Federated High Yield Trust
Information as of 10/31/2009
Benchmark Barclays Capital High Yield 2% Issuer Const Index Assets (Portfolio) $190,888,594 Symbol FHYTX Fund Number(s) 38 Newspaper Listing Hi Yld CUSIP 314197104 Performance Inception Date 08/23/1984 Fiscal Year-End 2/28 Current Prospectus Date 04/30/2009 Fund Description The fund seeks to provide investors with high current income. To pursue its objective, the fund invests in higher yielding, lower-rated corporate bonds.		Key Investment Team Members Mark E. Durbiano, CFA Morningstar Category High Yield Bond Morningstar Style Investment Objective High current income Investment Concentration High yield, lower-rated corporate bonds
Performance data quoted represents past performance which is no guarantee of future results.
Bond prices are sensitive to changes in interest rates and a rise in interest rates can cause a decline in their prices. High yield, lower-rated securities generally entail greater market, credit/default and liquidity risks, and may be more volatile than investment grade securities. Index classifications are based upon, and individual portfolio securities are assigned to, the classification and sub-classification categories of the Lehman Brothers High Yield 2% Issuer Constrained Index (LHY2%ICI). Individual portfolio securities that are not included in the LHY2%ICI are assigned to an index classification category at the discretion of the fund’s advisor. Investors should carefully consider the fund’s investment objectives, risks, charges and expenses before investing. To obtain a prospectus containing this and other information, contact us or view the prospectus provided on this website. Please carefully read the prospectus before investing. 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

Contact Us    Privacy Policy    Security Policy

Copyright © 2009 Federated Investors, Inc.