Top 5 Zacks #1 Ranked Federated Mutual Funds - Best of Fund Family
October 23 2012 - 1:01PM
Zacks
Founded in 1955, Federated Investors is one of the largest
investment managers in the U.S. With more than $355 billion worth
of assets under management, the company has used a disciplined
approach to deliver superior value to investors. Federated offers a
wide range of products, including domestic and international
equity, fixed-income and money market funds. These products are
distributed through 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 Strategic Income A (STIAX) invests in three
different kinds of fixed-income securities. These include domestic
securities rated investment grade, junk bonds and foreign debt. It
may invest a maximum of 50% of its assets in any one of these
categories. The fund has a three year annualized return of
9.61%.
The Fund Manager is Joseph M. Balestrino and he has managed this
Federated mutual fund since 1996.
Federated International Leaders A (FGFAX) seeks capital
appreciation over the long term. The fund 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 5.64%.
The Federated mutual fund has a minimum initial investment of
$1,500 and an expense ratio of 1.49% compared to a category average
of 1.29%.
Federated Emerging Market Debt A (IHIAX) invests the
majority of its assets in debt securities issued from emerging
markets. The fund may invest in securities denominated in dollars
or foreign currencies, without regard to their maturity periods.
The fund has a three year annualized return of 13.04%.
The Fund Manager is Roberto Sanchez-Dahl and he has managed this
Federated mutual fund since 2000.
Federated Municipal High Yield Advantage A (FMOAX) seeks
high current income. The fund invests a large share of its assets
in long term securities exempt from tax, as well as in medium or
non-investment grade quality tax exempt securities. It is
non-diversified and utilizes derivatives to manage risk or enhance
returns. The fund has a three year annualized return of 8.13%.
As of June 2012, this Federated mutual fund held 336 issues,
with 1.28% of its total assets invested in Wisconsin St Gen Fd
Annual App Gen 5.75%.
Federated Prudent Bear A (BEARX) 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 -13.31%.
The Federated mutual fund has a minimum initial investment of
$1,500 and an expense ratio of 1.74% compared to a category average
of 1.95%.
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
(FGFAX): ETF Research Reports
(FMOAX): ETF Research Reports
(IHIAX): ETF Research Reports
(STIAX): ETF Research Reports
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