High Income Bond Fund II

Variable Annuity FundsHigh Yield

Overview

AT A GLANCE
Portfolio
Assets
$158.4 Million
YTD Return NAV
6.26%
Fixed Income
Structure slanted roof, round circl and five columns.
Overall
Morningstar Rating
Gross
Expenses  †
0.78%
Net
Expenses  †
0.78%
Documents
STRATEGY

Seeks a high level of current income and potential for attractive relative total returns by investing in below-investment-grade securities, providing exposure to the higher-yielding, lower-rated corporate bond market using bottom-up fundamental analysis to pursue companies with strong management and operating results.

KEY FACTS
Key Facts - Part 1
Benchmark Bloomberg Barclays United States Corporate 2% Issuer Capped Index
Key Facts - Part 2
Fund Number(s)
336
CUSIP 313916306
Performance Incp. Date
MORNINGSTAR CATEGORY & STYLE
Category
Insurance High Yield Bond
Style
Morningstar Style Box
      High
      Medium
      Low
Ltd Mod Ext  
INVESTMENT GOALS Retirement
Growth
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

Characteristics

Documents

Distributions and Taxes