Federated Adjustable Rate Secs InSv 5800 Corporate Drive Pittsburgh PA 15222-3779 Map
Phone: 800-341-7400
| Category: | Ultrashort Bond | | Fund Family: | Federated | | Net Assets: | 8.05M | | Year-to-Date Return: | 2.61% | | Yield: | 4.18% | | Morningstar Rating: |  | | Fund Inception Date: | 04-May-92 |
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Todd A. Abraham
Lead Manager since
01-Aug-95 | | | Abraham has been a portfolio manager since 1995 and a vice president of Federated Investment Management Company since 1997. He joined Federated in 1993 as an investment analyst and served as assistant vice president from 1995 to 1997. Abraham served as a portfolio analyst at Ryland Mortgage Co. from 1992 to 1993. Abraham holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $25,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks current income consistent with minimum volatility. The fund invests primarily in adjustable and floating rate securities which are issued or guaranteed by the U.S. government, its agencies or instrumentalities, including mortgage-backed securities and agency securities. It may also invest up to 20 percent of assets in fixed-rate, mortgage-backed securities and other fixed-rate securities. |
| Last Dividend
(29-Aug-08):
| 0.03 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 22.00% | | Average for Category:
| 75.96% |
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| Expense | FASSX | Category Avg | | Total Expense Ratio: | 0.62%
| 0.74% | | Max 12b1 Fee: | 0.05%
| N/A | | Max Front End Sales Load: | 0.00%
| 1.89% | | Max Deferred Sales Load: | 0.00%
| 2.25% | | 3 Yr Expense Projection*: |
$437 | $339 | | 5 Yr Expense Projection*: |
$755 | $551 | | 10 Yr Expense Projection*: |
$1,657 | $1,156 |
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