Founded in 1955, Federated Investors is one of the largest investment managers in the U.S. With more than $363.8 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 5,700 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 MDT All Cap Core A (QAACX) seeks capital growth on a long-term basis. The fund focuses on investing in common stock issued by domestic firms. The fund selects securities to be invested in from companies which are part of the Russell 3000 Index. The fund has a three year annualized return of 15.44%.
The Federated mutual fund has an expense ratio of 1.35% compared to category average of 1.15%.
Federated Capital Income A (CAPAX) seeks income growth on long-term basis along with current income. It invests in equity and fixed-income securities with high income potential. It invests in mid to large cap companies that offer high dividend yields. Fixed income securities purchased by the fund must have high current yields. The fund has a three year annualized return of 8.98%.
John Nichol is the fund manager and has managed the fund since 2000.
Federated Global Allocation A (FSTBX) invests in a variety of asset classes. These may include both equity and fixed income securities. The fund invests heavily in foreign investments. It may also invest in the U.S. However, it must invest in a minimum of three countries at any given time. The fund has a three year annualized return of 7.96%.
As of September 2013, this Federated mutual fund held 600 issues, with 10.25% of its total assets invested in Federated InterContinental Instl.
Federated MDT Mid Cap Growth Strategies A (FGSAX) seeks capital growth. The fund focuses on purchasing common stocks issues by domestic mid cap companies. These stocks must have the potential to deliver appreciable growth. These companies must be similar in size to those which are part of the Russell Midcap Growth Index. The fund has a three year annualized return of 11.48%.
The Federated mutual fund has an expense ratio of 1.22% compared to category average of 1.33%.
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 -16.63%.
P. Ryan Bend is the fund manager and has managed the fund since 2008.
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 1
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.
Read the analyst report on QAACX
Read the analyst report on CAPAX
Read the analyst report on FSTBX
Read the analyst report on FGSAX
Read the analyst report on BEARX
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