Mutual funds are subject to risks and fluctuate in value.
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.