Federated Absolute Return A (FMAAX)
* As of 31-Jan-16
Quotes delayed, except where indicated otherwise. Currency in USD.
|Symbol||% Assets||YTD Return %|
|Russell 2000 Mini Mar16||4.75||N/A|
|High Yield Bond Portfolio||2.22||N/A|
|SPDR® S&P MidCap 400 ETF||2.13||N/A|
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||1.32%|
Performance & Risk
|5y Avg Return:||1.26%|
|Rank in Category (ytd):||91|
|% Rank in Category (ytd):||56.17%|
|Morningstar Risk Rating:||3|
The investment seeks to provide absolute (positive) returns with low correlation to the U.S. equity market.
The fund pursues its investment objective by investing a majority of its assets in domestic (including American Depositary Receipts (ADRs)) and foreign securities (including emerging markets), both debt and equity, that the fund's Investment Adviser, Federated Equity Management Company of Pennsylvania ("Adviser"), and Sub-Adviser, Federated Investment Management Company ("Sub-Adviser"), deem to be mispriced or misperceived. View More