Federated Capital Income Fund Earns Lipper Award
PITTSBURGH, March 21, 2014
PITTSBURGH, March 21, 2014 /PRNewswire/ -- Federated Investors, Inc. (NYSE:
FII), one of the nation's largest investment managers, today announced that
the Federated Capital Income Fund (CAPFX) received a Lipper Fund Award for its
category-leading performance. The fund earned the award based on Lipper's
calculation of consistent three-year risk-adjusted performance ending Dec. 31,
Federated Capital Income Fund earned the Lipper Fund Award in the Mixed-Asset
Target Allocation Conservative Funds classification and ranked best out of 80
portfolios and 295 funds for the three-year period. The fund seeks to provide
high current monthly income relative to the broad market through a diversified
portfolio of income-producing stocks and bonds. The fund invests in high
dividend-paying stocks of undervalued and market-leading companies across all
market sectors, as well as a strategic mix of bond sectors: U.S. high-yield,
U.S. high-quality (government and corporate) and international (emerging and
developed). Federated Capital Income Fund is managed by a team of equity and
fixed-income portfolio managers.
"Federated Capital Income Fund offers a well-diversified portfolio for
investors looking for income in today's low-yield, volatile environment," said
John B. Fisher, president and chief executive officer, Federated Advisory
Companies. "For the second consecutive year, Lipper has recognized the fund's
strong performance." Lipper in 2013 recognized the fund for consistent return
over the 10-year period ending Dec. 31, 2012.
Lipper is a leading global provider of mutual fund research and analysis.
Federated Investors, Inc. is one of the largest investment managers in the
United States, managing $376.1 billion in assets as of Dec. 31, 2013. With
135 funds and a variety of separately managed account options, Federated
provides comprehensive investment management worldwide to approximately 6,000
institutions and intermediaries including corporations, government entities,
insurance companies, foundations and endowments, banks and broker/dealers.
For more information, visit FederatedInvestors.com.
The currency for the calculation corresponds to the currency of the country
for which the awards are calculated and relies on monthly data. Classification
averages are calculated with all eligible share classes for each eligible
classification. The calculation periods extend over 36, 60, and 120 months.
The highest Lipper Leader for Consistent Return (Effective Return) value
within each eligible classification determines the fund classification winner
over three, five, or ten years. For a detailed explanation please review the
Lipper Leaders methodology document on www.lipperweb.com.
Although Lipper makes reasonable efforts to ensure the accuracy and
reliability of the data contained herein, the accuracy is not guaranteed by
Lipper. Users acknowledge that they have not relied upon any warranty,
condition, guarantee or representation made by Lipper. Any use of the data
for analyzing, managing or trading financial instruments is at the user's own
risk. This is not an offer to buy or sell securities.
International investing involves special risks including currency risk,
increased volatility, political risks, and differences in auditing and other
financial standards. Prices of emerging-markets securities can be
significantly more volatile than the prices of securities in developed
countries, and currency risk and political risks are accentuated in emerging
Past performance is no guarantee of future results.
Bond prices are sensitive to changes in interest rates, and a rise in interest
rates can cause a decline in their prices.
High-yield, lower-rate securities generally entail greater market,
credit/default and liquidity risk and may be more volatile than
For more complete information, visit FederatedInvestors.com or contact your
investment professional for summary prospectuses or prospectuses. You should
consider the fund's investment objectives, risks, charges and expenses
carefully before you invest. Information about these and other important
subjects is in the fund's summary prospectus or prospectus, which you should
read carefully before investing.
Federated Securities Corp., Distributor
SOURCE Federated Investors, Inc.
Contact: MEDIA: Ed Costello, 412-288-7538; MEDIA: Meghan McAndrew,
412-288-8103; ANALYSTS: Ray Hanley, 412-288-1920
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