Federated Instl High Yield Bond Instl 5800 Corporate Drive Pittsburgh PA 15237-7000 Map
Phone: 800-341-7400
| Category: | High Yield Bond | | Fund Family: | Federated | | Net Assets: | 309.69M | | Year-to-Date Return: | 45.74% | | Yield: | 8.41% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Nov-02 |
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Mark E. Durbiano
Lead Manager since
01-Nov-02 | | | Durbiano is vice president of Federated Institutional Trust. He joined Federated in 1982 and has been a senior portfolio manager and a senior vice president of the adviser, Federated Investment Management Company, since 1996. Durbiano holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $1,000,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $50 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks high current income. The fund invests primarily in a diversified portfolio of high yield corporate bonds (also known as junk bonds). It selects securities seeking high yields, low relative credit risk as compared with other high-yield bonds, and high portfolio diversification. The fund may temporarily invest in its assets in cash, shorter-term debt securities, and similar obligations. |
| Last Dividend
(30-Nov-09):
| 0.07 | | Last Cap Gain
(7-Dec-09):
| 0.02 | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 90.06% |
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| Expense | FIHBX | Category Avg | | Total Expense Ratio: | %
| 1.20% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.46% | | Max Deferred Sales Load: | %
| 2.73% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $639 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $998 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $2,016 |
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