3 / 5 Stars
5 4 4 3 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#7 in Corporate Bond
U.S. News evaluated 47 Corporate Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 2.31 percent over the past year, 4.72 percent over the past three years, 8.01 percent over the past five years, and 4.60 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.0%|
|3 Years (Annualized)||4.7%|
|5 Years (Annualized)||8.0%|
|10 Years (Annualized)||4.6%|
The investment seeks current income. The fund invests in a diversified portfolio of investment-grade, fixed-income securities consisting primarily of corporate debt securities, U.S. government mortgage-backed securities, and U.S. Treasury and agency securities. The foreign securities in which the fund invests will be predominately denominated in U.S. dollars. It may invest in derivative contracts to implement its investment strategies as more fully described herein.
Fees are Above Average compared to funds in the same category.
Federated Intermediate Corporate Bond Fund has an expense ratio of 0.56 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.