| Ticker: | FMAAX |
| Manager: | Dana L. Meissner |
| Manager Since: | 02/09 |
| NAV (05/20/2013): | 9.36 |
| Objective: | Equity - Income |
| Peer: | IN MV |
| Net Assets ($mil): | 175.19 |
| Inception: | 12/04/2000 |
FMAAX : Description
The fund was incepted in December 2000 and is managed by Federated Investment Management Company. The fund's investment objective is to achieve moderate capital appreciation and high current income. The fund pursues its investment objective by investing, under normal market conditions, its assets in equity securities (including convertible securities) of companies that, in the fund's opinion, are undervalued or out of favor, or securities that appear to display defensive characteristics (i.e. securities that appear to have low volatility in share price relative to the overall equity market during periods of market turbulence). The fund offers dividends quarterly and capital gains annually.
FMAAX : Composition - 05/13
| Stocks | 63.45% |
| Foreign Stocks | 14.74% |
| Cash | 0.00% |
| Bonds | 1.73% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 0.00% |
| Other | 34.82% |
| Foreign Hedged | 0.00% |
FMAAX : Style Analysis - 05/13
| Large Growth | 0.00% |
| Large Value | 0.00% |
| Small Growth | 0.00% |
| Small Value | 11.26% |
| Foreign Stock | 0.00% |
| Emerging Market | 12.04% |
| Precious Metals | 8.67% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 0.00% |
| Foreign Bond | 0.00% |
FMAAX : Risk Analysis
| Beta v. S&P 500 | -0.11 |
| Beta v. EAFE | 0.05 |
| Beta v. Barclays Agg Bond | 0.45 |
| Alpha 3 Yr | -0.01 |
| Alpha 5 Yr | -3.21 |
| R-Sq 3 Yr | 0.09 |
| R-Sq 5 Yr | 0.06 |
| Std Dev 3 Yr | 4.56 |
| Std Dev 5 Yr | 9.98 |
| Sharpe 3 Yr | -0.26 |
| Sharpe 5 Yr | -0.24 |
FMAAX : Fees
| Expense Ratio | 1.26 |
| % Max Load | 5.50 |
| % Min Load | 0.00 |
| % Deferred Load | NA |
| % Redemption | NA |
| % Max 12 B1 Fee | 0.05 |
| % Max Mgt Fee | 0.75 |
FMAAX : Purchase Choices:
| Min Initial Investment | 1500 |
| Min Subsequent Investment | 100 |
FMAAX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 12.92 | 13.09 | 12.70 | 12.73 | 12.14 | 10.57 | 10.18 | 9.68 | 9.79 | 9.18 | 9.36 |
| Total Return (%) | 20.09 | 6.19 | 4.91 | 3.53 | -0.53 | -6.72 | -1.11 | -1.20 | 1.69 | -5.43 | 0.76 |
| Annual Dividend Yield (%) | 3.17 | 3.04 | 1.52 | 3.08 | 4.02 | 6.90 | 2.54 | 3.67 | 0.52 | 0.79 | 0.79 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | -85.95 | -46.76 | 0.23 | -122.62 | -60.34 | 302.81 | -275.33 | -162.64 | -4.05 | -214.31 | -119.81 |
| Rel Performance-Obj.Ret.(%) | -46.58 | -58.44 | -50.08 | -116.17 | -32.11 | 254.76 | -244.69 | -143.49 | 3.77 | -178.27 | -98.56 |
| Ret.Quintile vs Obj(1 is best) | 5 | 5 | 3 | 5 | 5 | 1 | 5 | 5 | 3 | 5 | 5 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 562 | 997 | 1,219 | 1,499 | 982 | 722 | 769 | 387 | 258 | 175 | 175 |
| Annual Turnover (%) | 0.12 | 85.00 | 78.00 | 124.00 | 79.00 | 255.00 | 191.00 | 130.00 | 129.00 | 182.00 | 0.00 |
| Annual Dividend Paid ($) | 0.43 | 0.42 | 0.21 | 0.41 | 0.51 | 0.77 | 0.27 | 0.37 | 0.05 | 0.07 | 0.00 |
| Annual Capital Gains Paid($) | 0.00 | 0.19 | 0.80 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
FMAAX : Returns Analysis - Trailing Total Return
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | 0.32% | 1.42% | -1.80% | 0.76% | -3.44% | -1.15% | -2.61% | 1.54% | NA | NA |
| Ret. Percentile vs. Obj. (1 is best) | 96 | 96 | 96 | 96 | 96 | 97 | 95 | 98 | NA | NA |
FMAAX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | 25.22 |
| Average Price/Book | 5.10 |
| Average EPS Growth | 11.15 |
| Average Market Value | 80,910.00 |
FMAAX : Stock Sector Breakout - 05/13
FMAAX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| ~PRUDENT BEAR FUND | 10.04 | 1 |
| ING EMERGING MKTS FIXED INC P | 7.40 | 1 |
| FEDERATED PRIME VAL OBLIG FD | 6.04 | 1 |
| HIGH YIELD BOND PTF | 3.74 | 1 |
| JOHNSON + JOHNSON | 2.13 | 100,000 |
| ABBOTT LABORATORIES | 2.25 | 200,000 |
| AMGEN INC | 2.22 | 90,000 |
| PFIZER INC | 2.20 | 280,000 |
| SPROTT PHYSICAL GOLD TRUST | 2.47 | 1 |