Federated Absolute Return Fund

Scorecard
2 / 5 Stars
Lipper
1 2 4 3 4
Zacks Investment Research
4 (Sell)
Standard & Poor's
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TheStreet.com
D+ (Sell)

U.S. News evaluated 47 Market Neutral Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 6.61 percent over the past year, -0.43 percent over the past three years, 0.24 percent over the past five years, and -0.18 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 1.2%
1 Year 6.6%
3 Years (Annualized) -0.4%
5 Years (Annualized) 0.2%
10 Years (Annualized) -0.2%

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Summary

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 primarily 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 misvalued or misperceived.

Fees

Fees are Low compared to funds in the same category.
Federated Absolute Return Fund has an expense ratio of 1.99 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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Market Neutrals

Highest Returns (10-year)

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