Zacks Top 5 #1 Ranked Federated Mutual Funds - Best of Fund Family
September 11 2012 - 6:20AM
Zacks
Federated 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 $355 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, investors
can click here to see the complete list of funds.
Federated Capital Income A (CAPAX) invests in equity and
fixed-income securities with the potential to generate
substantially high income. Fixed income securities purchased by the
fund must have high current yields. The fund may purchase non
dollar denominated fixed income securities. It may also purchase or
sell foreign currencies. The fund has a three year annualized
return of 11.15%.
The Federated mutual fund has a minimum initial investment of
$1,500 and an expense ratio of 1.30% compared to a category average
of 0.89%.
Federated Prudent Bear A (BEARX) seeks capital growth.
The fund invests in short term liquid securities to hedge against
its obligations related to outstanding short positions. It seeks to
grow capital by taking long positions on equity securities which
are attractively priced relative to their underlying value. The
fund has a three year annualized return of -13.18%.
The Fund Manager is Ryan Bend and he has managed this Federated
mutual fund since 2008.
Federated Muni and Stock Advantage A (FMUAX) invests in
tax-exempt instruments and equity securities. A minimum of half of
its assets are invested in tax-exempt securities. These securities
must not be subject to the federal alternative minimum tax. The
fund has a three year annualized return of 10.41%.
As of March 2012, this Federated mutual fund held 204 issues,
with 2.21% of its total assets invested in Reynolds American
Inc.
Federated US Government Bond (FEDBX) seeks total return.
The fund focuses on acquiring U.S. government securities as well as
treasury securities and related derivatives. It measures the
efficacy of its investment strategy by comparing both the
performance and composition of its portfolio to an index which
comprises of U.S. Treasury securities. The fund has a three year
annualized return of 10.53%.
The Federated mutual fund has an expense ratio of 1.29% compared
to a category average of 0.84%.
Federated Market Opportunity A (FMAAX) seeks absolute
returns with low correlation to the domestic equity market. The
fund invests heavily in domestic and foreign securities which are
attractively priced relative to their underlying value. It may also
invest in derivatives, ETFs and hybrid instruments. The fund has a
three year annualized return of -2.69%.
Dana Meissner is the fund manager and has managed this Federated
mutual fund since 2009.
To view the Zacks Rank and past performance of all Federated
mutual funds, investors can click here to see the complete list of
funds.
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.
View All Zacks #1 Ranked Mutual Funds
(BEARX): ETF Research Reports
(CAPAX): ETF Research Reports
(FEDBX): ETF Research Reports
(FMAAX): ETF Research Reports
(FMUAX): ETF Research Reports
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