Mid-Cap Index Fund

ticker F M C L X Mutual Funds . Mid Cap .

Overview

 
AT A GLANCE
Portfolio
Assets
May 31 2019
$542.1 M
YTD Return NAV
June 25 2019
14.97%
Equity
Gross
Expenses
0.37%
Net
Expenses
0.30%
STRATEGY

Seeks investment results generally corresponding to the aggregate price and dividend performance of the publicly traded common stocks that comprise the Standard & Poor's MidCap 400 Index.

KEY FACTS
Key Facts - Part 1
Symbol ticker F M C L X
Benchmark S&P MidCap 400 Index
Key Facts - Part 2
Fund Number(s)
156
CUSIP 3 1 4 2 0 E 8 7 4
Performance Incp. Date November 5 1992
MORNINGSTAR CATEGORY & STYLE
Category
Mid-Cap Blend
Style
Medium Blend
INVESTMENT GOALS Retirement
Growth
Income
MANAGERS
Ian Miller, CFA
Vice President
Senior Portfolio Manager

joined Federated
13 years of experience
Damian McIntyre, CFA, CAIA
Vice President
Portfolio Manager
Senior Quantitative Analyst

joined Federated
11 years of experience

Performance

Commentary

Documents

 
DISCLOSURES

1 disclosure If this product is new, it will not have completed its first financial reporting period. Please check back to view future shareholder reports. For the new share of an existing fund, you may wish to view recent shareholder reports of another share of that fund by visiting another share.

The “As of Date” for regulatory documents  is the date when the document is effective with the SEC and made available on Federated’s website.

2 disclosure Form N-Q represents the first or third fiscal quarter end portfolio holdings, whichever is most recent, and is filed with the SEC 60 days following the end of the month representing the fund's fiscal first or third quarter. Portfolio holdings for a fund's second and fourth quarters are available in the shareholder reports.

double dagger disclosure PDF file consists of a President's Message or Market Overview (if applicable) and Annual/Semi-Annual Shareholder Report. NOTE: To be sure you have the most recent information, please access both the Annual Report and the Semi-Annual Report.

Distributions and Taxes

Standard Performance

 
DISCLOSURES

dagger disclosure 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 01/01/2020 or the date of the funds next effective prospectus.

The fund's R6 Shares commenced operations on October 21, 2016. For the period prior to the commencement of operations of the R6 Shares, the performance information shown is for Service Shares, adjusted to remove any voluntary waiver of fund expenses related to the fund's Service Shares that occurred during the period prior to the commencement of the fund's R6 Shares.

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

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

Mutual funds are subject to risks and fluctuate in value.

Diversification does not assure a profit nor protect against loss.

S&P MidCap 400 Index is an unmanaged capitalization weighted index of common stocks representing all major industries in the mid-range of the U.S. stock market. "Standard & Poor's®", "S&P®", "S&P MidCap 400 Index", and "Standard & Poor's MidCap 400 Index" are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Federated Securities Corp. The fund is not sponsored, endorsed, sold or promoted by, or affiliated with, Standard & Poor’s ("S&P"). S&P makes no representation or warranty, express or implied, to the owners of the fund or any member of the public regarding the advisability of investing in securities generally or in the fund particularly or the ability of the S&P 400 Index to track general stock market performance.

Mid-capitalization companies often have narrower markets and limited managerial and financial resources compared to larger and more established companies.

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.

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.

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.

Current and future portfolio holdings are subject to risk.

Federated Securities Corp., Distributor

Not FDIC Insured
May Lose Value
No Bank Guarantee

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