Federated Strategic Income Fund

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

#31 in Multisector Bond

U.S. News evaluated 79 Multisector Bond 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 6.93 percent over the past year, 7.96 percent over the past three years, 8.03 percent over the past five years, and 7.84 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 1.3%
1 Year 6.9%
3 Years (Annualized) 8.0%
5 Years (Annualized) 8.0%
10 Years (Annualized) 7.8%

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Summary

The investment seeks a high level of current income. The fund allocates the portfolio among three categories of fixed-income securities: domestic investment-grade (including U.S. government, mortgage-backed and corporate), domestic noninvestment-grade corporate and foreign investment and noninvestment-grade (including corporate and government securities traded in both emerging and developed markets). While the fund's portfolio usually includes securities from all three categories, the fund limits the amount it may invest in a single category to 50% of its assets. The fund may also invest in derivative contracts or hybrid instruments.

Fees

Fees are Average compared to funds in the same category.
Federated Strategic Income Fund has an expense ratio of 1.26 percent.

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Risk

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

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