PITTSBURGH, March 23, 2016 /PRNewswire/ -- Federated
Investors, Inc. (NYSE: FII), one of the nation's largest investment
managers, today announced that two of its mutual funds received
Lipper Fund Awards recognizing their category-leading
performance. The Service Shares of the Federated High Yield
Trust earned the Lipper award for the five-year period ending
Dec. 31, 2015, and the A Shares of
the Federated International Leaders Fund earned the Lipper award
for the 10-year period ending Dec. 31,
2015 – both based on Lipper's calculation of consistent
return for their respective periods.
Federated High Yield Trust (FHYTX) earned the Lipper Fund Award
in the High Yield Funds category and ranked best out of 127
portfolios and 433 funds for the five-year period. Federated
High Yield Trust seeks to provide a high level of current income by
investing primarily in high-yield, lower-rated corporate bonds. The
fund seeks to enhance returns by augmenting its portfolio of
high-yield bonds with an opportunistic allocation of up to 20
percent in public stocks of high-yield companies. This is the
second consecutive year Lipper has recognized Federated High Yield
Trust for its performance. Portfolio managers Mark Durbiano and Gene
Neavin bring 49 years of combined experience to the
fund.
Federated International Leaders Fund (FGFAX) earned the Lipper
Fund Award in the International Multi-Cap Core Funds category and
ranked best out of 54 portfolios and 144 funds for the 10-year
period. The fund seeks to provide long-term capital growth by
investing primarily in developed-market stocks of high-quality,
foreign companies. Portfolio managers Marc
Halperin, Richard M. Winkowski
Jr. and Dariusz Czoch bring
72 years of combined experience to the fund.
"These 2015 Lipper Awards showcased Federated's commitment to
providing outstanding investment performance for fund
shareholders," said John B. Fisher,
president and chief executive officer, Federated Advisory
Companies. "We appreciate Lipper's recognition of the talented
investment professionals who contributed to the strong performance
of these two funds."
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 $361.1 billion in assets as
of Dec. 31, 2015. With 122
funds, as well as a variety of separately managed account options,
Federated provides comprehensive investment management worldwide to
approximately 8,400 institutions and intermediaries including
corporations, government entities, insurance companies, foundations
and endowments, banks and broker/dealers. For more information,
visit FederatedInvestors.com.
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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.
Past performance is no guarantee of future results.
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 markets.
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 investment-grade securities.
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
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SOURCE Federated Investors, Inc.