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Federated Intermediate Corporate Bond Fund
Institutional Service Shares
Information as of 10/31/2009

Benchmark Barclays Capital Intermediate Credit Index
Assets (Portfolio) $455,776,115
Assets (Share Class) $182,840,318
Symbol INISX
Fund Number(s) 348
Newspaper Listing InticnSS
CUSIP 31420C506
Performance Inception Date 12/20/1993
Fiscal Year-End 4/30
Current Prospectus Date 06/30/2009
Fund Description
The fund seeks to provide investors with current income. To pursue its objective, the fund primarily invests in investment grade corporate debt securities.
Key Investment Team Members Joseph M. Balestrino, CFA
Morningstar Category Intermediate-Term Bond
Morningstar Style
Investment Objective
Current income
Investment Concentration
Single- and double-A rated corporate debt securities

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.

The mortgage-backed securities sector of the fund is invested in the Federated Mortgage Core Portfolio. This pool of securities provides more effective diversification than is available through the purchase of individual mortgage-backed securities.

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


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