Sponsored Links 
Top 5 Federated Mutual Funds
Print
ShareFederated Investors has used a disciplined approach to deliver superior value to investors since its inception in 1955. The company is now one of the largest investment managers in the U.S. managing more than $358 billion worth of assets. Federated offers a wide range of products, including domestic and international equity, fixed-income and money market funds. These products are distributed through a large network of more than 5,200 financial intermediaries and institutions.
Below we will share with you 5 top rated Federated mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the future. To view the Zacks Rank and past performance of all Federated funds, then click here.
Federated Mid Cap Growth Strategies A (FGSAX) seeks capital growth. The fund invests in domestic mid-cap companies with the potential for superior growth. The fund focuses on acquiring common stock and may also purchase foreign securities. It may also utilize derivatives to achieve its investment objectives. The fund has a ten year annualized return of 4.26%.
The Federated mutual fund has a minimum initial investment of $1,500 and an expense ratio of 0.99% compared to a category average of 1.41%.
Federated Municipal High Yield Advantage A (FMOAX) invests primarily in tax-exempt securities. The fund may also invest in tax-exempt securities with maturity periods of less than 10 years. It may enter into derivative contracts and invest in securities which help it accrue short-term capital gains. The fund returned 2.98% over the last one year period.
Lee Cunningham II is the fund manager and has managed this Federated mutual fund since 2009.
Federated International Leaders A (FGFAX) seeks capital appreciation over the long term. It invests in foreign companies and concentrates on purchasing foreign stocks from developed markets. It may also purchase equity in companies from developed markets, including the United States. The fund has a three year annualized return of 7.56%.
As of June 2011, this Federated mutual fund held 56 issues, with 7.39% of its total assets invested in Federated Prime Value Obligations Instl.
Federated Emerging Market Debt A (IHIAX) invests the majority of its assets in debt securities issued from emerging markets. The fund is non-diversified and may purchase shares of exchange traded funds and invest in derivative contracts. The fund returned 16.35% over the last one year period.
The Federated mutual fund has a minimum initial investment of $1,500 and an expense ratio of 1.25% compared to a category average of 1.30%.
Federated Strategic Income A (STIAX) seeks high current income. The fund invests in three major categories of fixed-income securities. These include domestic securities rated below investment grade as well as those rated higher and foreign securities. Not more than 50% of its assets may be invested in any single category. The fund has a five year annualized return of 8.24%.
Joseph M. Balestrino is the fund manager and has managed this Federated mutual fund since 1996.
To view the Zacks Rank and past performance of all Federated mutual funds, then click here.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.
Read the full analyst report on FGSAX
Read the full analyst report on FMOAX
Read the full analyst report on FGFAX
Read the full analyst report on IHIAX
Read the full analyst report on STIAX
Loading Stories...
|
||||||||||||||||||
More Zacks Resources
More Zacks Links
| Market Summary | May 26, 2012 15:51 pm ET |
-74.92