Intermediate Municipal

Managed Accounts . Intermediate Bond .

Overview

 
STRATEGY

A composite of separately managed account portfolios seeking to provide tax-exempt income and capital preservation from portfolios of high quality municipal securities. Utilizing Federated's primary institutional fixed-income approach, the composite concentrates on analysis of municipal credit sector and quality allocation, duration, yield curve and security characteristics and is benchmarked against the S&P High Quality AMT-Free Intermediate Index.

KEY FACTS
Key Facts - Part 1
Benchmark S&P High Quality AMT-Free Intermediate Index
Key Facts - Part 2
Strategy Inception Date April 1 2019
INVESTMENT GOALS Retirement
Income
MANAGERS
R.J. Gallo, CFA
Senior Vice President
Senior Portfolio Manager
Head of Municipal Bond Investment Group
Head of Duration Committee

joined Federated
25 years of experience
Ann Ferentino, CFA
Vice President
Senior Investment Analyst/ Portfolio Manager

joined Federated
24 years of experience

Documents

 
DISCLOSURES

Investment strategies described on this site are not necessarily available through every sponsor program. Please check with your Federated representative or your home office to ascertain accessibility.

For a detailed discussion of Managed Account strategies or to receive additional information, please Contact Us.

Issues discussed within this communication represent the investment manager's explanation of factors that were considered when executing transactions or holding specific securities on the prior date indicated. Because this is a managed portfolio, the investment mix will change and the holdings are not indicative of future portfolio composition. Marketplace conditions fluctuate suddenly and frequently, and investment manager's opinions may change. These comments are not intended to be and do not constitute recommendations that others buy, sell or hold any of the securities discussed. Opinions relate to the representative portfolio as of the date above and are subject to change.

Past performance is no guarantee of future results.

For additional information, including definitions of related terms and indexes, see the Financial Glossary and Benchmark Index Glossary.

Federated Investment Counseling