Floating Rate Strategic Income Fund

Floating Rate Strategic Income Fund AMutual FundsBank Loan

Overview

AT A GLANCE
Portfolio
Assets
$1.0 Billion
YTD Return NAV
3.15%
Fixed Income
Structure slanted roof, round circl and five columns.
Gross
Expenses  †
1.18%
Net
Expenses  †
1.09%
STRATEGY

Seeks total return consistent with current income and low interest-rate volatility by investing primarily in a strategic mix of floating-rate fixed-income investments: domestic investment grade, domestic noninvestment grade and foreign fixed-income.

KEY FACTS
Key Facts - Part 1
Symbol Floating Rate Strategic Income Fund A
Benchmark 55% Credit Suisse Leveraged Loan Index/15% ICE 1-Month Libor/30% ICE BofAML 1-Year United States Treasury Note Index
Key Facts - Part 2
Fund Number(s)
687
CUSIP 31420C647
Performance Incp. Date
MORNINGSTAR CATEGORY & STYLE
Category
Bank Loan
Style
Morningstar Style Box
      High
      Medium
      Low
Ltd Mod Ext  
INVESTMENT GOALS Retirement
Income
MANAGERS
Mark Durbiano, CFA
Senior Vice President
Senior Portfolio Manager
Head of Domestic High Yield Group
Head of Bond Sector Pod/ Committee

joined Federated
36 years of experience
Steven Wagner
Senior Vice President
Senior Portfolio Manager
Senior Investment Analyst

joined Federated
22 years of experience
B. Anthony Delserone Jr., CFA
Vice President
Senior Portfolio Manager

joined Federated
35 years of experience
Todd Abraham, CFA
Senior Vice President
Senior Portfolio Manager, Head of Government/ Mortgage Backed Fixed Income Group

joined Federated
29 years of experience
Christopher McGinley
Vice President
Head of Trade Finance Team
Portfolio Manager
Senior Investment Analyst

joined Federated
14 years of experience

Performance

Characteristics

Commentary

Documents

Distributions and Taxes