International Small-Mid Company Fund

ticker I S C I XMutual FundsForeign Small/Mid Cap

Overview

 
AT A GLANCE
Portfolio
Assets
March 31 2019
$115.9 M
YTD Return NAV
April 21 2019
17.71%
Intl/Global
Gross
Expenses [†]
1.76%
Net
Expenses [†]
1.67%
STRATEGY

Seeks long-term growth of capital by investing at least 80% of its net assets in equity securities issued by non-U.S. small- or mid-capitalization companies.

KEY FACTS
Key Facts - Part 1
Symbol ticker I S C I X
Benchmark MSCI ACWI ex U.S. SMID Cap Index
Key Facts - Part 2
Fund Number(s)
682
CUSIP 3 1 4 2 8 U 6 3 1
Performance Incp. Date February 28 1996
MORNINGSTAR CATEGORY & STYLE
Category
Foreign Small/Mid Growth
Style
Medium Growth
INVESTMENT GOALS Retirement
Growth
Global Diversification
MANAGERS
Thomas Banks, CFA
Vice President
Portfolio Manager
Senior Investment Analyst

joined Federated
15 years of experience
Dariusz Czoch, CFA
Vice President
Portfolio Manager
Senior Investment Analyst

joined Federated
18 years of experience

Performance

 

Characteristics

 

Commentary

 

Documents

 

Distributions and Taxes

 
DISCLOSURES

† The funds expense ratio is from the most recent prospectus. The expense ratio may reflect voluntary fee waivers and/or expense reimbursements determined by the funds Advisor and its affiliates. The voluntary waivers and/or reimbursements, if applicable, are in effect up to but not including the later of 02/01/2020 or the date of the funds next effective prospectus.

Total returns for periods of less than one year are cumulative.

Total return may have been lower in the absence of temporary expense waivers or reimbursements.

Effective March 31, 2008 the fund's name was changed to Federated International Small-Mid Company Fund, formerly Federated International Small Company Fund. The fund changed one of its investment policies, allowing the fund to invest at least 80% of its assets in small and mid capitalization companies.

The fund’s Institutional Shares commenced operations on March 31, 2008. For the period prior to the commencement of operations of the Institutional Shares, the performance information shown is for the fund’s A Shares. The performance of the A Shares has not been adjusted to reflect the expenses of the Institutional Shares since the INstitutional Shares hace a lower expense ratio than the expenses of the A Shares. The performance of the A Shares has been adjusted to reflect the absence of sales charges and to remove any voluntary waiver of fund expenses related to the A Shares that may have occurred prior to commencement of operations of the Institutional Shares. The performance of the A Shares has not been adjusted to reflect the expenses of the Institutional Shares since the Institutional Shares are estimated to have a lower expense ratio than the expense ratio of the A Shares. See the prospectus for other fees and expenses that apply to a continued investment in the fund.

International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards.

Small company stocks may be less liquid and subject to greater price volatility than large capitalization stocks.

After-tax returns are calculated using a standard set of assumptions. Actual after-tax returns depend on each investor’s personal tax situation, and are likely to differ from those shown. The stated returns assume the highest historical federal income and capital gains tax rates, but do not reflect the effect of any applicable state and local taxes. Return After Taxes on Distributions assumes a continued investment in the fund and shows the effect of taxes on fund distributions. Return After Taxes on Distribution and Sale of Fund Shares assumes all shares were redeemed at the end of each measurement period, and shows the effect of any taxable gain (or offsetting loss) on redemption, as well as the effects of taxes on fund distributions. After-tax returns are not relevant to investors holding shares through tax-deferred programs, such as IRA, 401(k) plans. The after-tax average annual total returns are based on the 37% tax bracket and include the 3.8% tax on net investment income.

Mutual funds are subject to risks and fluctuate in value.

Product classifications noted at the top are Federated's internal classifications.

The holdings percentages are based on net assets at the close of business on the date above, and may not necessarily reflect adjustments that are routinely made when presenting net assets for formal financial statement purposes. Because this is a managed portfolio, the investment mix will change.

Current and future portfolio holdings are subject to risk.

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.

Federated Securities Corp., Distributor

Not FDIC Insured
May Lose Value
No Bank Guarantee

4259162461