Federated Absolute Return Fd A S: (MF: FMAAX)
NAV
$9.11
NAV Day Change
0.04 (0.44%)
Jun 18 06:05 PM ET
General Information As Of 04/30/13
| %Yield | 0.79 |
| %SEC Yield | NA |
| %YTD Return (as of 04/30/13) | 0.76 |
| Objective* | Equity - Income |
| Peer* | IN MV |
Portfolio Statistics
| %Unrealized Gain YTD | 3.36 |
| Net Assets (Mil $) 04/30/2013 | 175.19 |
| %Turnover 04/30/2013 | 182.00 |
Fees
| %Max Sales Load | 5.50 |
| %Min Sales Load | .00 |
| %Max Deferred Load | NA |
Expenses
| %Max 12b-1 Fee | 0.05 |
| %Max Management Fee | 0.75 |
| Redemption Fee | NA |
| Expense Ratio | 1.26 |
Allocation
| Large Growth | 0.00 |
| Large Value | 0.00 |
| Small Growth | 0.00 |
| Small Value | 11.26 |
| Foreign Stock | 22.68 |
| Emerging Market | 12.04 |
| Precious Metal | 8.67 |
| Intermediate Bond | 0.00 |
| Foreign Bond | 0.00 |
| High Yield Bond | 0.00 |
Portfolio Information
Composition
| As of 01/31/2013 | %of Net Assets |
| Stock | 63.45 |
| Cash | 0.00 |
| Bonds | 1.73 |
| Preferred | 0.00 |
| Convertibles | 0.00 |
| Foreign Stock | 14.74 |
| Foreign Bonds | 0.00 |
| Hedge | 0.00 |
| Other | 34.82 |
Sector / Country Weightings
| As of 04/30/2013 | % of Portfolio |
|---|---|
| Finance | 38.50 |
| Health | 11.69 |
| Non-Durable | 11.18 |
| Other | 11.15 |
| Industrial Cyclical | 6.53 |
| Technology | 5.51 |
| Retail Trade | 4.66 |
| Energy | 4.02 |
| Utilities | 3.92 |
| Services | 1.59 |
| Consumer Durables | 1.25 |
Portfolio Holdings
| Top Equity Holdings (As of 01/31/2013) | % of Portfolio | Value (Mil$) |
|---|---|---|
| ~PRUDENT BEAR FUND | 10.04 | 34.80 |
| ING EMERGING MKTS FIXED I | 7.40 | 25.62 |
| FEDERATED PRIME VAL OBLIG | 6.04 | 20.93 |
| HIGH YIELD BOND PTF | 3.74 | 12.96 |
| SPROTT PHYSICAL GOLD TRUS | 2.47 | 8.57 |
| ABBOTT LABORATORIES | 2.25 | 7.80 |
| AMGEN INC | 2.22 | 7.69 |
| PFIZER INC | 2.20 | 7.64 |
| JOHNSON + JOHNSON | 2.13 | 7.39 |
Contact Information
| Family | Federated |
| Addrerss | 1001 Liberty Ave. Pittsburgh, PA 15222 |
| Phone | 800 341-7400 |
Zacks Premium Research
Zacks Mutual Fund Rank: 4 - Sell 
| #4 |
Fund 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.
Stock Holding % of Net Assets
| As Of | 01/31/2013 |
| Total Issues | 81 |
| Avg. P/E | 25.22 |
| Avg. P/Book | 5.10 |
| Avg. EPS Growth | 11.15 |
| Avg. Market Value (Mil $) | 80,910 |
Risk
| 3 Year | 5 Year | 10 Year | |
|---|---|---|---|
| Beta | -0.09 | 0.13 | 0.10 |
| Alpha | -0.01 | -3.21 | -1.38 |
| R Squared | 0.09 | 0.06 | 0.03 |
| Std. Dev. | 4.56 | 9.98 | 8.50 |
| Sharpe | -0.26 | -0.24 | 4.00 |
Shareholder Information
| Manager | Dana L. Meissner |
| Since | 02/09 |
| Manager Rating | -10.60 |
| Inception Date | 12/04/2000 |
| Shareholders | NA |
| Dividends Paid | A |
| Minimum Initial Investment | $1,500 |
| Minimum Subsequent Investment | $100 |
| IRA Minimum | $250 |
| IRA Available | Y | Check Writing | N | Phone Invest | Y |
| Phone Exchange | Y | Phone Redeem | Y | Auto Invest | Y |
| Wire Redeem | N | Wire Fee | N | Wire Transfer | N |
Zacks Commentary for FMAAX
Zacks Blog: Top 5 Zacks #1 Ranked Federated Mutual Funds
Sep 11, 2012
Zacks Blog: Top 5 Zacks #1 Ranked Federated Mutual Funds
Jul 31, 2012
