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business newsTop 5 Federated Mutual Funds
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Zacks Investment Research Jan 23, 2012 1:00 pm
These mutual funds are expected to outperform their peers in the future.
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Below we will share with you five top-rated Federated mutual funds. Each has earned a Zacks No.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, click here.
1. Federated Equity-Income A (LEIFX) invests heavily in income-generating equity securities of large- and mid-cap firms. The fund focuses on acquiring value stocks that pay regular dividends. It may purchase foreign securities, including those issued from emerging markets. It may also invest in real estate investment trusts and in other investments firms. The fund returned 12.45% over the last one year period. The Federated mutual fund has a minimum initial investment of $1,500 and an expense ratio of 1.12% compared to a category average of 1.23%.
2. Federated US Government Bond (FEDBX) seeks total return. The fund focuses on acquiring US government securities as well as Treasury securities and related derivatives. It measures the efficacy of its investment strategy by comparing both the performance and composition of its portfolio to an index that comprises US Treasury securities. The fund has a five-year annualized return of 7.78%. The fund manager is Donald T. Ellenberger, and he has managed this Federated mutual fund since 2005.
3. Federated Emerging Market Debt A (IHIAX) invests the majority of its assets in debt securities issued from emerging markets. The fund is nondiversified and may purchase shares of exchange-traded funds and invest in derivative contracts. The fund returned 5.54% over the last one-year period. As of September 2011, this Federated mutual fund held 82 issues, with 4.57% of its total assets invested in Republic of Turkey at 6.875%.
4. Federated International Leaders A (FGFAX) seeks capital appreciation over the long term. The fund invests in foreign companies and concentrates on purchasing foreign stocks from developed markets. It may also purchase equity in companies from developed markets, including the United States. The fund has a three-year annualized return of 16.51%. The Federated mutual fund has a minimum initial investment of $1,500 and an expense ratio of 1.65% compared to a category average of 1.32%.
5. Federated Kaufmann A (KAUAX) invests primarily in tax-exempt securities. The fund may also invest in tax-exempt securities with maturity periods of less than 10 years. It may enter into derivative contracts and invest in securities that help it accrue short-term capital gains. The fund has a 10-year annualized return of 5.06%. Hans Utsch is the fund manager and has managed this Federated mutual fund since 1986.
Editor's Note: To read this article on Zacks.com click here.
See more from Zacks below:
Is It Time To Buy The New Zealand ETF?
Top 5 International Mutual Funds
Three Overlooked Emerging Market ETFs
No positions in stocks mentioned.
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