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 $379 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 around 4,700 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 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 -14.13%.
The Fund Manager is P.Ryan Bendand he has managed this Federated mutual fund since 2008.
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 9.99%.
The Federated mutual fund has a minimum initial investment of $1,500 and an expense ratio of 1.02% compared to a category average of 0.91%.
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 12.06%.
As of December 2012, this Federated mutual fund held 49 issues, with 3.52% of its total assets invested in Credit Suisse Group
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 13.28%.
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 8.81%.
The Federated mutual fund has a minimum initial investment of $1,500 and an expense ratio of 0.89% compared to a category average of 1.02%.
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.
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