Federated Short-Term Income Fund Class Y Shares
Information as of 10/31/2009
Benchmark Merrill Lynch 0-3 Year Composite Index Assets (Portfolio) $446,772,602 Assets (Share Class) $57,374,993 Symbol FSTYX Fund Number(s) 638 CUSIP 31420C787 Performance Inception Date 08/26/2004 Fiscal Year-End 4/30 Current Prospectus Date 06/30/2009 Fund Description The fund seeks to offer investors current income. To pursue its objective, the fund invests in asset-backed and mortgage-backed securities, corporate debt securities, and Treasury and agency securities.		Key Investment Team Members Randall S. Bauer, CFA Morningstar Ratings based on risk adjusted total return Funds in Category Overall 360 3 Year 360 5 Year 305 10 Year 164 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 Short-Term Bond Morningstar Style Investment Objective Current income Investment Concentration Asset-backed & mortgage-backed securities; corporate debt securities and Treasury securities
Performance data quoted represents past performance which is no guarantee of future results.
The fund’s Class Y Shares commenced operations on August 30, 2004. The fund offers three other classes of shares, Institutional Shares, Institutional Service Shares and A Shares. 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. 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.