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    Federated Prudent Bear A (BEARX)

    2.30 Down 0.04(1.71%) Dec 17

    Profile as of Nov 29, 2014Get Profile for:
    Federated Prudent Bear A
    Federated Equity Funds5800 Corporate DrivePittsburgh, PA 15222-3779
    Phone: 800-341-7400
    Fund Overview 
    Category:Bear Market
    Fund Family:Federated
    Net Assets:393.06M
    Year-to-Date Return:-15.15%
    Morningstar Rating:N/A
    Fund Inception Date:Dec 28, 1995
    Morningstar Style Box 
    Bear Market
    [View Category Definition]
    View Top Bear Market Funds
    About the Morningstar Style Box
    Management Information 
    P.Ryan Bend
    Lead Manager since Dec 8, 2008
    Ryan Bend has been the Fund's Portfolio Manager since December 2008. He specializes in security selection for the short portion of the portfolio. He is Vice President of the Fund's Adviser. From June 2004 to December 2008, Mr. Bend served as Research Coordinator and Equity Analyst with David Tice & Associates, Inc. He was a Finance Manager with Rogers Communications, Inc. from July 2000 to July 2002. Mr. Bend has received the Chartered Financial Analyst designation and holds a B.A. in Finance and Economics from the Ivey School of Business at the University of Western Ontario, Canada and an M.B.A. from the Kelley School of Business at Indiana University.
    Investment Information 
    Min Initial Investment:1,500
    Min Initial Investment, IRA:250
    Min Initial Investment, AIP:1,500
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:100
    Min Subsequent Investment, AIP:50
    BEARX can be purchased from 123 brokerages.

    Fund Summary 
    The investment seeks capital appreciation. The fund holds short-term liquid securities such as money market funds, U.S. Treasury securities or government agency securities for liquidity purposes and to cover the fund's obligation to purchase securities subject to short sales in the future. It also seeks capital appreciation through long positions on equity securities which the fund's Adviser believes are undervalued. Normally, however, the fund is expected to have more short exposure than long exposure on securities and/or the overall market.

    Fund Operations 
    Last Dividend (Dec 10, 2013) : 0.00
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Dec 15, 2014) : 465.00%
    Average for Category:525.71%
    Fees & Expenses 
    ExpenseBEARXCategory Avg
    Annual Report Expense Ratio (net):1.76%2.02%
    Prospectus Net Expense Ratio:1.77%N/A
    Prospectus Gross Expense Ratio:2.77%N/A
    Max 12b1 Fee:0.00%N/A
    Max Front End Sales Load:5.50%4.89%
    Max Deferred Sales Load: N/A1.00%
    3 Yr Expense Projection*:1,362781
    5 Yr Expense Projection*:1,9341,280
    10 Yr Expense Projection*:3,4792,659
    * Per $10,000 invested