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 $366.7 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 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 Stock (FSTKX) invests a majority of assets in common stock of domestic companies. Most of these companies have large market capitalizations and are listed on the Russell 1000 Value Index. The fund has a three year annualized return of 19.54%.
The Fund Manager is Brian M. Greenberg and he has managed this Federated mutual fund since 2009.
Federated Kaufmann A (KAUAX) seeks capital growth. The fund invests in those small and mid-cap companies which are listed on national security exchanges; the Nasdaq and the over counter market. Not more than 30% of its assets are invested in foreign securities. The fund may also invest in exchange-traded-funds, fixed-income securities and American Depository Receipts (ADRs). The fund has a three year annualized return of 12.46%.
The Federated mutual fund has a minimum initial investment of $1,500 and an expense ratio of 1.95% compared to a category average of 1.34%.
Federated Muni and Stock Advantage A (FMUAX) invests in tax-exempt instruments and equity securities. A minimum of half of its assets are invested in tax-exempt securities. These securities must not be subject to the federal alternative minimum tax. The fund has a three year annualized return of 9.84%.
The Fund Manager is John Nichol and he has managed this Federated mutual fund since 2003.
Federated Municipal Ultrashort A (FMUUX) seeks current income which is not subject to the federal regular income tax. A minimum of 65% of its assets are invested in investment grade securities. The fund may also invest a maximum of 35% of its assets in junk bonds. It may also invest substantial amounts in derivatives and synthetic instruments. The fund has a three year annualized return of 0.64%.
As of September 2013, this Federated mutual fund held 438 issues, with 2.32% of its total assets invested in New Jersey Econ Dev Auth.
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 -17.67%.
The Federated mutual fund has a minimum initial investment of $1,500 and an expense ratio of 1.75% compared to a category average of 1.95%.
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 FSTKX
Read the analyst report on KAUAX
Read the analyst report on FMUAX
Read the analyst report on FMUUX
Read the analyst report on BEARX
View All Zacks #1 Ranked Mutual Funds
Zacks Investment Research