SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant [ X ][x]
Filed by a partyParty other than the Registrant [ ]
Check the appropriate box:
[ X ] Preliminary Proxy Statement
[ ] Confidential, Forfor Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
[ X ] Definitive Proxy Statement
[ ] Definitive Additional Materials
| [] | Soliciting Material under Rule 14a-12 |
[ ] Soliciting Material Pursuant to Section 240.14a-12
Cash Trust Series, Inc. 33-29838 / 811-5843
Cash Trust Series II 33-38550 / 811-6269
Edward Jones Money Market Fund 2-66437 / 811-2993
Federated Adjustable Rate Securities Fund 2-98491 / 811-4539
Federated Core Trust 811-8519
Federated Core Trust II, L.P. 811-10625
Federated Core Trust III 811-22217
Federated Equity Funds 2-91090 / 811-4017
Federated Equity Income Fund, Inc. 33-6901 / 811-4743
Federated Fixed Income Securities, Inc. 33-43472 / 811-6447
Federated GNMA Trust 2-75670 / 811-3375
Federated Global Allocation Fund 2-10415 / 811-1
Federated Government Income Securities, Inc. 2-74191 / 811-3266
Federated High Income Bond Fund, Inc. 2-60103 / 811-2782
Federated High Yield Trust 2-91091 / 811-4018
Federated Income Securities Trust 33-3164 / 811-4577
Federated Income Trust 2-75366 / 811-3352
Federated Index Trust 33-33852 / 811-6061
Federated Institutional Trust 33-54445 / 811-7193
Federated Insurance Series 33-69268 / 811-8042
Federated Intermediate Government Fund, Inc. 33-41004 / 811-6307
Federated International Series, Inc. 2-91776 / 811-3984
Federated Investment Series Funds, Inc. 33-48847 / 811-58429
Federated MDT Series 333-134468 / 811-21904
Federated MDT Stock Trust 2-75756 / 811-3385
Federated Managed Pool Series 333-128884 / 811-21822
Federated Municipal Securities Fund, Inc. 2-57181 / 811-2677
Federated Municipal Securities Income Trust 33-36729 / 811-6165
Federated Short-Intermediate Duration Municipal Trust 2-72277 / 811-3181
Federated Total Return Government Bond Fund 33-60411 / 811-07309
Federated Total Return Series, Inc. 33-50773 / 811-7115
Federated U.S. Government Securities Fund: 1-3 Years 2-89028 / 811-3947
Federated U.S. Government Securities Fund: 2-5 Years 2-75769 / 811-3387
Federated World Investment Series, Inc. 33-52149 / 811-7141
Intermediate Municipal Trust 2-98237 / 811-4314
(Name of Registrant as Specified in its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[ X ]x] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1)(4) and 0-11.
(1)
1) Title of each class of securities to which transaction applies:
(2)2) Aggregate number of securities to which transaction applies:
(3)3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set(set forth the amount on which the filing fee is calculated and state how it was determined):
(4)4) Proposed maximum aggregate value of transaction:
(5)5) Total fee paid:
[ ] Fee paid previously with preliminary proxy materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 240.0-11 (a) 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
(1)
1) Amount Previously Paid:
(2)2) Form, Schedule or Registration Statement No.:
(3)3) Filing Party:
(4)4) Date Filed:
Proxy Statement–Please Vote Today!
Federated Prime Money Fund II
A Portfolio of Federated Insurance Series
TIME IS OF THE ESSENCE. VOTING ONLY TAKES A FEW MINUTES AND YOUR PARTICIPATION IS IMPORTANT!
Federated Prime Money Fund II (the “Fund”) will hold a special meeting of shareholders on November 20, 2015. Please refer to the enclosed Proxy Statement as well as the highlighted information below for details on the proposal. It is important for you to vote on the issues described in this Proxy Statement. We recommend that you read the Proxy Statement in its entirety; the explanation will help you decide on the issue.
The following is an introduction to the process and the proposal.
What is the purpose of the special meeting?
The purpose of the special meeting is to vote upon a proposal to revise one of the Fund's fundamental investment limitations. Mutual funds are required to obtain shareholders' votes for certain types of changes, like the one described in this Proxy Statement. You have a right to vote on these changes.
Why am I being asked to vote?
You are listed as a shareholder of the Fund as of the record date (August 27, 2015). Your investment is likely through a variable annuity contract or variable life insurance policy that you hold with an insurance company. It is important that you exercise your rights as a shareholder, regardless of the number of shares that you own, and vote your shares as soon as possible.
What is the proposal?
The Board of Trustees has voted to convert the Fund to a government money market fund that invests 99.5% of its assets in cash, government securities, and/or repurchase agreements that are collateralized by government securities or cash. The proposal is to revise the Fund's fundamental limitation regarding concentration to eliminate the requirement that the Fund invest at least 25% of its assets in the financial services industry (the “Proposal”), enabling the conversion to a government money market fund.
Why is the Board of Trustees recommending a change to the Fund's fundamental limitation regarding concentration to enable the Fund to operate as a government money market fund?
The Board is recommending a change to the Fund's fundamental investment limitation regarding concentration to enable the Fund to operate as a government money market fund, because the Board believes that the conversion to a government money market fund is in the best interest of the Fund and its shareholders.
As part of the Rule 2a-7 amendments, retail prime money market funds, such as the Fund, may continue to be priced utilizing amortized cost accounting and transact as a stable $1.00 net asset value (NAV), but are subject to certain liquidity fees or redemption gates requirements which may be adopted at the board's discretion.
Since the adoption in 2014 of new rules impacting the operation of money market funds, Federated has spent significant time assessing the new rules, including the potential impact to its investors, and listening to their feedback. The insurance companies through which the Fund is offered have indicated that shareholders want access to stable NAV money market mutual funds that will not be subject to liquidity fees or redemption gates, as prime money market funds will be under the new rules.
By converting to a government money market fund, the Fund could continue to be priced utilizing amortized cost accounting and transact at a stable $1.00 NAV and would not be required to implement liquidity fees and redemption gates. Converting the Fund to a government money market fund will allow shareholders to continue using the Fund as they do today.
How will the fund be converted to a government money market fund?
If shareholders approve the proposal, the Fund will revise its investment limitation regarding concentration to eliminate the requirement to concentrate in the financial services industry and will adopt a principal investment strategy to normally invest at least 99.5% of its total assets in cash, government securities, and/or repurchase agreements that are collateralized by cash or government securities. The Fund also currently intends to change its name to “Federated Government Money Fund II.”
When will the conversion be effective?
If approved by shareholders, we expect the conversion to be completed on or about April 30, 2016.
How do I vote my shares?
There are several ways in which you can cast your vote:
| • | Online–Use the web address on the ballot; |
| • | Telephone–Use the toll-free telephone number on the ballot; |
| • | Mail–Complete and return the ballot in the enclosed postage paid envelope; or |
| • | In Person at the November 20, 2015 meeting. |
If you:
| 1. | Sign and return the proxy card without indicating a preference, your vote will be cast “for” the proposal. |
| 2. | Do not respond at all, we may contact you by telephone to request that you cast your vote. |
Whom do I call if I have questions about this Proxy Statement?
Please don't hesitate to contact your Investment Professional or call us toll-free at1-800-341-7400.
Thank you in advance for your vote and your continued support of the Federated Funds.
After careful consideration, the Board of Trustees has unanimously approved this proposal.
The Board of Trustees recommends that you read the enclosed materials carefully and voteFOR the proposal.
FEDERATED PRIME MONEY FUND II
A Portfolio of Federated Insurance Series
4000 Ericsson Drive,
Warrendale, PA 15086-7561
1-800-341-7400
FederatedInvestors.com
NOTICE OF SPECIAL MEETING OF SHAREHOLDERS
TO BE HELD OCTOBER 28, 2013NOVEMBER 20, 2015
A special meetingSpecial Meeting of the shareholders of the below named Registrants (eachFederated Prime Money Fund II (the “Fund”), a “Registrant”portfolio of Federated Insurance Series (the “Trust”), has been called and collectively, “Registrants”), will be held at 4000 Ericsson Drive Warrendale, Pennsylvania 15086-7561, at 10:00 a.m. (Eastern time), on October 28, 2013,November 20, 2015, for the following purpose:purposes:
To elect certain Trustees| 1. | To approve or disapprove a revision to the Fund's fundamental investment limitation regarding concentration of its investments. |
| 2. | To transact such other business as may properly come before the meeting or any adjournment thereof. |
Any such vote in FAVOR or Directors (“Directors”) for each Registrant (“ElectionAGAINST the proposal will authorize the persons named as proxies to vote accordingly in FAVOR or AGAINST any such adjournment of Directors”), each to hold office
for the term indicated.Special Meeting.
The BoardsProxy Statement accompanying this notice contains more complete information regarding the matters to be acted upon at the Special Meeting.
The Board of the Registrants (the “Boards”) haveTrustees has fixed August 29, 2013,27, 2015 as the record date for determination of shareholders entitled to vote at the meeting. Special Meeting.
Cash Trust Series, Inc.
Cash Trust Series II
Edward Jones Money Market Fund
Federated Adjustable Rate Securities Fund
Federated Core Trust
Federated Core Trust II, L.P.
Federated Core Trust III
Federated Equity Funds
Federated Equity Income Fund, Inc.
Federated Fixed Income Securities, Inc.
Federated GNMA Trust
Federated Global Allocation Fund
Federated Government Income Securities, Inc.
Federated High Income Bond Fund, Inc.
Federated High Yield Trust
Federated Income Securities Trust
Federated Income Trust
Federated Index Trust
Federated Institutional Trust
Federated Insurance Series
Federated Intermediate Government Fund, Inc.
Federated International Series, Inc.
Federated Investment Series Funds, Inc.
Federated MDT Series
Federated MDT Stock Trust
Federated Managed Pool Series
Federated Municipal Securities Fund, Inc.
Federated Municipal Securities Income Trust
Federated Short-Intermediate Duration Municipal Trust
Federated Total Return Government Bond Fund
Federated Total Return Series, Inc.
Federated U.S. Government Securities Fund: 1-3 Years
Federated U.S. Government Securities Fund: 2-5 Years
Federated World Investment Series, Inc.
Intermediate Municipal Trust
By Order of the Boards,Board of Trustees,
John W. McGonigle
Secretary
September 9, 2013August 27, 2015
YOU CAN HELP THE REGISTRANTSTRUST AVOID THE NECESSITY AND EXPENSE OF SENDING FOLLOW-UP LETTERS TO ENSURE A QUORUM BY PROMPTLY SIGNING AND RETURNING YOURTHE ENCLOSED PROXY. IF YOU ARE UNABLE TO ATTEND THE MEETING, PLEASE MARK, SIGN, DATE AND RETURN YOURTHE ENCLOSED PROXY SO THAT THE NECESSARY QUORUM MAY BE REPRESENTED AT THE SPECIAL MEETING OF SHAREHOLDERS.MEETING. THE ENCLOSED ENVELOPE REQUIRES NO POSTAGE IF MAILED IN THE UNITED STATES.
[PAGE INTENTIONALLY LEFT BLANK]
TABLE OF CONTENTS
| 1 |
| 2 |
| 3 |
| 3 |
| 3 |
| 4 |
| 6 |
| 6 |
| 6 |
| 6 |
| 6 |
| 7 |
| 7 |
| 8 |
| 8 |
| 8 |
| 8 |
| 10 |
| 11 |
| 12 |
| A-1 |
| B-1 |
| C-1 |
| D-1 |
| E-1 |
| F-1 |
| G-1 |
| H-1 |
| I-1 |
| J-1 |
| K-16 |
SPECIAL MEETING OF SHAREHOLDERS– OCTOBER 28, 2013PROXY STATEMENT
Each entity listed in bold is a “Registrant” or, collectively, “Registrants.”FEDERATED PRIME MONEY FUND II
Each fund listed with a Registrant is a “Fund” or, collectively, “Funds.”
Cash Trust Series, Inc.
Federated Government Cash Series
Federated Municipal Cash Series
Federated Prime Cash Series
Federated Treasury Cash Series
Cash Trust Series II
Federated Treasury Cash Series II
Edward Jones Money Market Fund
Federated Adjustable Rate Securities Fund
Federated Core Trust
Federated Bank Loan Core Fund
Federated Inflation-Protected Securities Core Fund
Federated Mortgage CoreA Portfolio
High Yield Bond Portfolio
Federated Core Trust II, L.P.
Emerging Markets Fixed Income Core Fund
Federated Core Trust III
Federated and Project Trade Finance Core Fund
Federated Equity Funds
Federated Absolute Return Fund
Federated Clover Small Value Fund
Federated Clover Value Fund
Federated Global Equity Fund
Federated InterContinental Fund
Federated International Strategic Value Dividend Fund
Federated Kaufmann Fund
Federated Kaufmann Large Cap Fund
Federated Kaufmann Small Cap Fund
Federated MDT Mid Cap Growth Strategies Fund
Federated Prudent Bear Fund
Federated Strategic Value Dividend Fund
Federated Equity Income Fund, Inc.
Federated Fixed Income Securities, Inc.
Federated Municipal Ultrashort Fund
Federated Strategic Income Fund
Federated GNMA Trust
Federated Global Allocation Fund
Federated Government Income Securities, Inc.
Federated High Income Bond Fund, Inc.
Federated High Yield Trust
Federated Income Securities Trust
Federated Capital Income Fund
Federated Floating Rate Strategic Income Fund
Federated Fund for U.S. Government Securities
Federated Intermediate Corporate Bond Fund
Federated Muni and Stock Advantage Fund
Federated Prudent DollarBear Fund
Federated Real Return Bond Fund
Federated Short-Term Income Fund
Federated Unconstrained Bond Fund
Federated Income Trust
Federated Index Trust
Federated Max-Cap Index Fund
Federated Mid-Cap Index Fund
Federated Institutional Trust
Federated Government Ultrashort Duration Fund
Federated Institutional High Yield Bond Fund
Federated Intermediate Government/Corporate Fund
of Federated Insurance Series
4000 Ericsson Drive,
Warrendale, PA 15086-7561
1-800-341-7400
FederatedInvestors.com
ABOUT THE PROXY SOLICITATION AND THE SPECIAL MEETING
The enclosed proxy is solicited on behalf of the Board of Trustees (“Board”) of Federated Fund for U.S. Government Securities II
Federated High Income Bond Fund II
Federated Kaufmann Fund II
Federated Managed Tail Risk Fund II
Federated Managed Volatility Fund II
Insurance Series (the “Trust”), on behalf of its portfolio Federated Prime Money Fund II
Federated Quality Bond Fund II
Federated Intermediate Government Fund, Inc.
Federated International Series, Inc.
Federated International Bond Fund
Federated Investment Series Funds, Inc.
Federated Bond Fund
Federated MDT Series
Federated MDT All Cap Core Fund
Federated MDT Balanced Fund
Federated MDT Large Cap Growth Fund
Federated MDT Small Cap Core Fund
Federated MDT Small Cap Growth Fund
Federated MDT Stock Trust
Federated Managed Pool Series
Federated Corporate Bond Strategy Portfolio
Federated High-Yield Strategy Portfolio
Federated International Bond Strategy Portfolio
Federated Mortgage Strategy Portfolio
Federated Municipal Securities Fund, Inc.
Federated Municipal Securities Income Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated New York Municipal Income Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Federated Total Return Government Bond Fund
Federated Total Return Series, Inc.
Federated Mortgage Fund
Federated Total Return Bond Fund
Federated Ultrashort Bond Fund
Federated U.S. Government Securities Fund: 1-3 Years
Federated U.S. Government Securities Fund: 2-5 Years
Federated World Investment Series, Inc.
Federated Emerging Market Debt Fund
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Intermediate Municipal Trust
Federated Intermediate Municipal Trust
PROXY STATEMENT
This (the “Fund”). The proxy material is being furnished in connection with the solicitation of proxies on behalf of the Boards of Directors/Trustees (“Board”) of each of the above-named Registrants and their constituent Funds. This document provides you with information you need in order to vote on the matter beforewill be voted at the special meeting of shareholders of each of the RegistrantsFund to be held on October 28, 2013,November 20, 2015. The meeting will be held at 4000 Ericsson Drive Warrendale, Pennsylvania 15086-7561, at 10:00 a.m. (Eastern time)Time) (such special meeting and any adjournment or postponement thereof are referred to as the “Special Meeting”).
The Boards ofBoard unanimously approved the Registrants encourage youproposed change to read this document carefully and promptly vote your shares. If you have questions about this document, or if you would like additional information, please contact the Registrants at their principal offices at 4000 Ericsson Drive, Warrendale, Pennsylvania, 15086-7561 or call 1-800-341-7400.
Fund's fundamental investment limitation specified in the enclosed proxy. This change is subject to shareholder approval. The purpose of the Special Meeting is set forth in the accompanying Notice of Special Meeting of Shareholders (“Notice”).Notice.The Board unanimously recommends that you vote “FOR” the proposal to approve the revision to the Fund's fundamental investment limitation. The Trustees and Directors (“Directors”) do not know of anyno business other than that mentioned in the Notice that will be presented for consideration at the Special Meeting. Should other business properly be brought before the Special Meeting, proxies will be voted in accordance with the best judgment of the persons named as proxies. The Special Meeting notice, thisThis proxy statement and onethe enclosed proxy card are expected to be mailed on or more proxy cards are being providedabout September 24, 2015 to shareholders of record as ofat the close of business on August 29, 201327, 2015 (the “Record Date”) beginning. On the Record Date, the Fund had outstanding _____________shares of beneficial interest, each share being entitled to one vote and fractional shares having proportionate voting rights.
The Board is conducting the solicitation of proxies for use at the Special Meeting principally through the delivery by mail, e-mail or via the Internet, of this Proxy Statement and the accompanying proxy card. In addition to the solicitation through the mail, proxies may be solicited by officers, employees and agents of the Trust. In addition, Federated Shareholder Services Company, an affiliate of the Adviser, has entered into a contract with Broadridge Financial Solutions, Inc. 1981 Marcus Avenue, Lake Success, NY 11042 (“Broadridge”), pursuant to which Broadridge will provide certain project management, tabulation, telephone solicitation, and internet and telephonic voting services in addition to mailing the proxy statement. The estimated amount paid to Broadridge is $31,095 and the estimated aggregate fees paid to Broadridge (mailing, solicitation), and RR Donnelley (printing) in connection with the proxy process is estimated to be $38,795. Any telephone solicitations will follow required procedures designed to ensure accuracy and to prevent fraud, including identifying shareholder information, recording the shareholder's instructions, and confirming to the shareholder after the fact. Shareholders who communicate proxies by telephone or by other electronic means have the same power and authority to issue, revoke, or otherwise change their voting instructions as shareholders submitting proxies in written form. The cost of the solicitation, including the printing and mailing of proxy materials, will be borne by the Fund. Based on the Fund's current fee waivers it is anticipated that the Adviser and its affiliates will ultimately bear the proxy costs. The Fund may reimburse custodians, nominees, and fiduciaries for the reasonable costs incurred by them in connection with forwarding solicitation materials to the beneficial owners of shares held of record by such persons.
Shares of the Fund are used solely as an investment vehicle for separate accounts of participating insurance companies offering variable annuity contracts and variable life insurance policies. The general public has access to the Fund only by purchasing a variable annuity contract or about September 12, 2013.variable life insurance policy (thus becoming a contract owner). Shares are not sold directly to the general public. Shares are not sold on a national securities exchange.
IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR
THE SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON OCTOBER 28, 2013:The Fund's most recent Prospectus and Statement of Additional Information, each dated April 30, 2015, the annual report, which includes audited financial statements for the fiscal year ended December 31, 2014, and the semi-annual report, which includes unaudited financial statements for the period ended June 30, 2015, were previously mailed to shareholders. If you have not received the reports, or would like to receive additional copies, free of charge, please write the Trust at Federated Investors Funds, 4000 Ericsson Drive, Warrendale, Pennsylvania 15086-7561 or call the Trust at 1-800-341-7400 or visit the Fund's website at the address above. The Trust is subject to the informational requirements of the Securities Act of 1933, the Securities Exchange Act of 1934, and the Investment Company Act of 1940, and in accordance therewith files reports and other information with the Securities and Exchange Commission (“SEC”). Reports, proxy and information statements, and other information filed by the Trust, on behalf of the Fund, also can be inspected and copied by the public at
the public reference facilities maintained by the SEC in Washington, DC located at Room 1580, 100 F Street, N.E., Washington DC 20549. Copies of such material can be obtained at prescribed rates by contacting the SEC by email at publicinfor@sec.gov or by writing the SEC's Public Reference Branch, Office of Consumer Affairs and Information Services, SEC, Washington DC 20549, or obtained electronically from the EDGAR database on the SEC's website (www.sec.gov).
Important Notice Regarding the Availability of Proxy Materials for the Special Meeting of Shareholders to Be Held on November 20, 2015:This proxy statementProxy Statement is available on the Internet atwww.proxyvote.com the website listed on your proxy card(s). On this website, you also will be able to access the Notice of Special Meeting of Shareholders, the form of proxy card(s)cards and any amendments or supplements to the foregoing materials that are required to be furnished to shareholders.
Special Note About Voting for Federated Insurance SeriesSUMMARY
SharesThe following is a summary of certain information contained elsewhere in this Proxy Statement. This summary is qualified in its entirety by reference to information contained elsewhere in this Proxy Statement or incorporated by reference into this Proxy Statement.
| Purpose of the Meeting | The purpose of the meeting is to consider a revision to the Fund's fundamental investment limitation regarding concentration. |
| Required Vote | The favorable vote of a majority of the outstanding voting shares of the Fund is required to approve the proposal.Under both the Investment Company Act of 1940 and the Fund's Declaration of Trust, the favorable vote of a “majority of the outstanding voting shares” of the Fund means: (a) the holders of 67% or more of the outstanding voting securities present at the Special Meeting, if the holders of 50% or more of the outstanding voting securities of the Fund are present or represented by proxy; or (b) the vote of the holders of more than 50% of the outstanding voting securities, whichever is less. |
| How to Vote | Shareholders may vote via the Internet or by telephone by following the instructions on the enclosed proxy card. Shareholders may also vote by mail by returning the enclosed proxy card or in person by attending the Special Meeting. Shareholders can obtain directions to the meeting by calling the Trust at 1-800-341-7400. |
Section 8(b) of the Funds comprisingInvestment Company Act of 1940, as amended (the “1940 Act”) requires investment companies such as the Fund to adopt certain specific investment policies, including investment limitations, which can be changed only by a shareholder vote. The 1940 Act requires every registered investment company to include in its registration statement a recital of its fundamental policies, including its fundamental investment limitation regarding the concentration of investments in a particular industry or group of industries. This proposal involves a revision to the Fund's fundamental investment limitation regarding concentration.
PROPOSAL
APPROVAL OF REVISION TO THE FUND'S FUNDAMENTAL INVESTMENT LIMITATION REGARDING CONCENTRATION
Shareholders are being asked to approve revising the Fund's fundamental investment limitation regarding concentration to eliminate the requirement that the Fund invest at least 25% of its assets in the financial services industry. Revising the investment limitation regarding concentration will enable the Fund to convert to a government money market fund by investing 99.5% of its assets in cash, government securities, and/or repurchase agreements that are collateralized by cash or government securities. The Fund's current investment limitation regarding concentration precludes it from meeting the 99.5% investment requirement.
The Board has considered the potential impact of the revision to the Fund's investment limitation regarding concentration on the Fund, particularly with regard to risk, disclosure, and policies and procedures. The Board believes that the proposed revision is in the best interest of the Fund and its shareholders because it will provide the Fund with the opportunity to respond to changing market demands due to the reforms to Rule 2a-7 under the 1940 Act (“Rule 2a-7”).
The Fund's fundamental investment limitation regarding concentration currently states that:
“The Fund may not purchase the securities of any issuer (other than securities issued or guaranteed by the U.S. Government or any of its agencies or instrumentalities) if, as a result, more than 25% of the Fund's total assets would be invested in the securities of companies whose principal business activities are in the same industry, except that the Fund will invest more than 25% of its total assets in the financial services industry.”
It is being proposed that, upon approval by the Fund's shareholders, the Fund's fundamental investment limitation regarding concentration will be replaced with the following:
“The Fund will not make investments that will result in the concentration of its investments in the securities of issuers primarily engaged in the same industry. Government securities, municipal securities and bank instruments will not be deemed to constitute an industry.”
The Board believes that the adoption of this proposed revision to the Fund's fundamental investment limitation regarding concentration is in the best interest of the Fund and its shareholders. As part of its deliberation, the Board considered that Federated Insurance Series (“FIS Funds”) are sold onlyhad reviewed both the Fund's fundamental investment limitation regarding concentration and those of other Federated money market funds and concluded that the proposed revision would be in the best interest of the Fund and its shareholders because it would allow the Fund to separate accountsconvert to a government money market fund, and, in doing so, respond to changing market demands due to the reforms to Rule 2a-7.
Since the adoption in 2014 of certainnew rules impacting the operation of money market funds, Federated has spent significant time assessing the new rules, including the potential impact to its investors, and listening to their feedback. The insurance companies through which the Fund is offered have indicated that shareholders want access to stable NAV money market mutual funds that will not be subject to liquidity fees or redemption gates, as prime money market funds will be under the new rules. By converting to a government money market fund, the Fund could continue to be priced utilizing amortized cost accounting and transact at a stable $1.00 NAV and would not be required to implement liquidity fees and redemption gates. Converting the Fund to a government money market fund will allow shareholders to continue using the Fund as they do today.
If shareholders approve this proposal, the Fund will make other changes, which do not require shareholder approval, that are necessary for the Fund to operate as a government money market fund, including adopting a principal investment strategy to normally invest at least 99.5% of its total assets in connectioncash, government securities, and/or repurchase agreements that are collateralized by cash or government securities. The Fund also currently intends to change its name to “Federated Government Money Fund II.”
THE BOARD UNANIMOUSLY RECOMMENDS THAT SHAREHOLDERS VOTEFORTHEPROPOSAL.
INFORMATION ABOUT THE TRUST
Proxies, Quorum and Voting at the Special Meeting
Only shareholders of record on the Record Date will be entitled to vote at the Special Meeting. Each Share of the Fund is entitled to one vote. Fractional shares are entitled to proportionate voting rights. Shareholders may vote via the Internet, or by telephone, by following the instructions on the enclosed proxy card. Shareholders may also vote by mail by returning the enclosed proxy card or in person by attending the Special Meeting.
Any person given a proxy has the power to revoke it any time prior to its exercise by executing a superseding proxy or by submitting a written notice of revocation to the Secretary of the Trust. In addition, although mere attendance at the Special Meeting will not revoke a proxy, a shareholder present at the Special Meeting may withdraw his or her proxy and vote in person. All properly executed and unrevoked proxies received in time for the Special Meeting will be voted in accordance with the issuanceinstructions contained in the proxies.If no instruction is given on the proxy, the persons named as proxies will vote the shares represented thereby in favor of variable annuity contracts and/or variable life insurance contracts by the insurance companies. With respect tomatters set forth in the proposal for the Election of Directors, insuranceattached Notice.
Insurance company separate accounts, as shareholders of Funds comprising FIS Funds,the Fund, will request voting instructions from the owners of variable life insurance policies and variable annuity contracts (“Variable Contract Owners”) of the separate accounts, and will vote the accounts' shares or other voting interests in FIS Fundsthe Fund in accordance withproportion to the voting instructions received. Each separate account is required to vote its shares of FIS Fundsa Fund in accordance with instructions received from Variable Contract Owners. Each separate account willis also required to vote its shares of FIS Fundsa Fund held in each of its respective variable accounts for which no voting instructions have been received in the same proportions thatproportion as the separate account votes the shares held by Variable Contract Ownersvariable accounts for which it has received instructions. Shares held by an insurance company in its general account, if any, must be voted in the same proportions as the votes cast with respect to shares held in all of the insurance company's variable accounts in the aggregate. Such proportional voting may result in a relatively small number of Variable Contract Owners determining the outcome of the proposal.
SUMMARY
The following is a summary of certain information contained elsewhere in this proxy statement and is qualified in its entirety by referenceare permitted to information contained elsewhere in this proxy statement.
| |
Purpose of the
Special Meeting
to be Held October 28, 2013 | To elect certain Directors for each Registrant. |
Who is Eligible to Vote? | Shareholders of record of each Fund at the close of business on August 29, 2013, are entitled to notice of and to vote at the Special Meeting and at any adjournments or postponements thereof. Each shareholder is entitled to one vote for each full share and a proportionate vote for each fractional share of Funds held as of the Record Date.
Total outstanding shares for each of the Funds as of the Record Date are provided inExhibit B.
The Notice, proxy card and proxy statement (or appropriate notice of where to access these materials) were first mailed to shareholders of record on or about September 12, 2013. In some cases, the Funds may mail only one copy of this proxy statement to households in which more than one person in the household is a Fund shareholder of record. If you need additional copies of this proxy statement or if you do not want the mailing of this proxy statement to be combined with those for other members of your household, please write to the Funds at 4000 Ericsson Drive, Warrendale, Pennsylvania, 15086-7561 or call 1-800-341-7400. The Funds will deliver requested materials and respond to inquiries promptly. |
How Are Votes Counted? | Election of Directors requires the affirmative vote of either a “plurality” of the votes cast at the Special Meeting or a majority of the votes entitled to be cast at the Special Meeting provided, in each case, that a quorum is present. A “plurality” is defined as more votes cast for than against each nominee.Please seeExhibit C for each Registrant's quorum and voting requirements. |
How to Vote | Shareholders may vote via the Internet, by telephone or by facsimile by following thegive instructions on the proxy card provided. Shareholders may also vote by mail, by returning a proxy card or in person, by attending the Special Meeting. Shareholders can obtain directions to the meeting location by calling 1-800-341-7400.Please also see “Special Note About Voting for Federated Insurance Series” above. |
May Proxies be Revoked? | A shareholder executing and returning a proxy has the power to revoke it at any time prior to the time shares are voted by executing a superseding proxy (i.e., a later-dated and signed proxy), by submitting a notice of revocation to the Secretary of the Funds or by subsequently registering his or her vote by telephone, over the Internet or in person at the Special Meeting. |
How to Obtain More Information about the Funds | Each Fund has previously sent its most recent prospectus, annual report and semi-annual report to its shareholders. A copy of the current prospectus, annual and semi-annual reports and Statement of Additional Information for each Fund/Registrant may be obtained at no cost through FederatedInvestors.com, by writing to the Fund at 4000 Ericsson Drive, Warrendale, Pennsylvania, 15086-7561 or by calling 1-800-341-7400. Please note that the prospectuses, Statements of Additional Information and shareholder reports for the following Registrants and their Funds are not available on FederatedInvestors.com: Federated Core Trust, Federated Core Trust II, L.P., Federated Core Trust III and Federated Managed Pool Series. |
PROPOSAL: ELECTION OF DIRECTORS
WHY ARE DIRECTORS BEING ELECTED?
Certain regulatory settlements applicable to the adviserFund and the number of the Funds require that at least 75%shares for which such instructions may be given for purposes of the membership of the Board of each Registrant be comprised of Directors who are not interested persons, as defined by the Investment Company Act of 1940 (“Independent Directors”),1 of the Funds or their advisers (“75% Independence Requirement”). In July, an Independent Director died suddenly and unexpectedly, causing certain Registrants to not be in compliance with the 75% Independence Requirement. Under the settlements, the Registrants have a stipulated time period within which to restore compliance with the 75% Independence Requirement.
1 | An Interested Director is one who has a material or financial interest, or a family relationship with one who does, in the entities that provide services to the Registrants and their Funds. An Independent Director is one who does not have such a material, financial or family relationship. |
Generally, the Investment Company Act of 1940 (the “1940 Act”) permits a board to fill vacancies between shareholder meetings, and without shareholder vote, as long as, immediately after filling such vacancy, at least 66.66% of the directors then holding office have been elected by shareholders (“66.66% Elected Requirement”). The Board of certain Registrants was able to appoint a new Independent Director to the Board consistent with the 66% Elected Requirement, and therefore restore compliance with the 75% Independence Requirement. Other Registrants are required to elect a new Independent Director in order to restore compliance with the 75% Independent Requirement. The Board determined to hold a shareholder meeting to elect Directors for all Registrants, so that all Registrants will have a Board fully comprised of Directors that have been elected by shareholders.
If the Director Nominees described in this proxy statement are approved, there will be seven Independent Directors and two Interested Directors on the Board of each Registrant, all of whom have been elected by shareholders.
WHO ARE THE NOMINEES FOR DIRECTOR?
The following Director nominees (“Nominees”) are standing for election to the Boards of some or all of the Registrants at the Special Meeting:
Interested Director Nominee | Independent Director Nominees |
J. Christopher Donahue | John T. Collins |
| Maureen Lally-Green |
| Thomas M. O'Neill |
| P. Jerome Richey |
The following Directors, having previously been elected by shareholders, are current Board members of each of the Registrantsand are not standing for electionvoting at the Special Meeting,:
Interested Director | Independent Directors |
John F. Donahue | Peter E. Madden, Chairman of the Board's Independent Directors |
| Charles F. Mansfield, Jr. |
| John S. Walsh |
Each of the Nominees currently serves as a Director of certain Registrants either through appointment by the full Board, including a majority of the Independent Directors, and/or election by shareholders.
The following individuals currently serve as the Directors of all Registrants except: Federated Core Trust III, Federated Short-Intermediate Duration Municipal Trust, Federated U.S. Government Securities Fund: 2-5 Years, and Intermediate Municipal Trust: John F. Donahue, J. Christopher Donahue, Maureen Lally-Green, Peter E. Madden, Charles F. Mansfield, Jr., Thomas M. O'Neill and John S. Walsh.
The following individuals currently serve as the Directors for Federated U.S. Government Securities Fund: 2-5 Years: John F. Donahue, Peter E. Madden, Charles F. Mansfield, Jr., Thomas M. O'Neil, P. Jerome Richey and John S. Walsh.
The following individuals currently serve as the Directors of Federated Core Trust III, Federated Short-Intermediate Duration Municipal Trust, and Intermediate Municipal Trust: John F. Donahue, J. Christopher Donahue, John T. Collins, Maureen Lally-Green, Peter E. Madden, Charles F. Mansfield, Jr., Thomas M. O'Neil, P. Jerome Richey and John S. Walsh.
Following are the slates of Nominees proposed to be elected by the Registrants which constitute the “Federated Family of Funds” for purposes of the Special Meeting:
Nominee Slate | Registrants |
J. Christopher Donahue, John T. Collins, Maureen Lally-Green,
Thomas M. O'Neill and P. Jerome Richey | Federated U.S. Government Securities Fund: 2-5 Years |
John T. Collins and P. Jerome Richey | Federated Core Trust III |
John T. Collins, Maureen Lally-Green, Thomas M. O'Neill and
P. Jerome Richey | Federated Insurance Series |
John T. Collins, Maureen Lally-Green and P. Jerome Richey | Federated Short-Intermediate Duration Municipal Trust and
Intermediate Municipal Trust |
John T. Collins, Maureen Lally-Green, Thomas M. O'Neill and
P. Jerome Richey | All Remaining Registrants apart from Federated U.S. Government Securities Fund: 2-5 Years, Federated Core Trust III, Federated Short-Intermediate Municipal Trust and Intermediate Municipal Trust |
The Nominating Committee, whose members consist of all the Independent Directors, selects and nominates persons for election to the Registrants' Boards when vacancies occur or are reasonably anticipated. The Committee's nominees are presented to the Boards for election, or nomination for election by the shareholders, as required. The Independent Directors of each of the Registrants previously elected by shareholders have nominated J. Christopher Donahue, John T. Collins, Maureen Lally-Green, Thomas M. O'Neill and P. Jerome Richey for election by shareholders of the applicable Registrants at the Special Meeting, effective the date of election by shareholders of such Registrants. The persons named as proxies intend to vote in favor of the election of the Nominees as Directors of each applicable Registrant.
All Nominees have consented to serve if elected. It is being proposed that the shareholders of each Registrant approve the Nominees. If approved by shareholders, the Nominees will serve until their death, retirement, resignation or removal from office. The mandatory retirement age for Independent Directors is 73 years. However, the mandatory retirement age may be extended or changed with the approval of the Independent Directors. If elected, the Independent Director Nominees will hold office until the end of the calendar year during which they reach 73 years of age (unless the mandatory retirement age is changed or extended as noted above) or earlier upon death, resignation, retirement, or removal or until the next meeting of shareholders to elect Directors and qualification of their successors.
The process for resignation or removal of a director/trustee is set forth in the organizational documents for each Registrant. The By Laws for each Registrant organized as a Maryland corporation provide (a) that any Director may resign his or her office at any time by written instrument signed by the Director and delivered to the chairman of the board of directors or to the secretary of the corporation, which shall take effect upon a time specified therein or, if no time is specified, then when received by the Corporation (unless otherwise specified, the acceptance of the resignation shall not be necessary to make it effective); and (b) that any Director may be removed at any duly called meeting of shareholders by a majority vote of the outstanding shares. Each Registrant that is organized as a Maryland corporation is listed below:
• | Cash Trust Series, Inc. |
• | Federated Equity Income Fund, Inc. |
• | Federated Fixed Income Securities, Inc. |
• | Federated Government Income Securities, Inc. |
• | Federated High Income Bond Fund, Inc. |
• | Federated Intermediate Government Fund, Inc. |
• | Federated International Series, Inc. |
• | Federated Investment Series Funds, Inc. |
• | Federated Municipal Securities Fund, Inc. |
• | Federated Total Return Series, Inc. |
• | Federated World Investment Series, Inc. |
The organizational documents for each other Registrant provide that (a) any Director or Trustee may resign his or her office at any time by written instrument signed by the Director/Trustee and delivered to the other members of the Board, which shall take effect upon such delivery or upon such later date as is specified therein; (b) that any Director or Trustee may be removed at any time by written instrument signed by at least two-thirds of the number of Directors/Trustees prior to such removal, specifying the date when such removal shall become effective; (c) that any Director or Trustee who requests in writing to be retired or who has become mentally or physically incapacitated may be retired by written instrument signed by a majority of the other members of the Board, specifying the date of his or her retirement; and (d) a Director or Trustee may be removed at any special meeting of shareholders of the Registrant by a vote of two-thirds of the outstanding shares (or, in the case of Federated Core Trust III, by a vote of 75% of the outstanding shares).
If a Nominee shall by reason of death or for any other reason become unavailable as a candidate at the Special Meeting, votes pursuant to the proxyadjournment thereof, will be cast for a substitute candidate by the proxies named on the proxy card, or their substitutes, present and acting at the Special Meeting. The election of any substitute candidate for electiondetermined as a Director who is not or would not be an Interested Director shall be made by a majority of the Directors who are not Interested Directors of the Registrants. The Board has no reason to believe that any Nominee will become unavailable for election as Director.
IMPORTANT INFORMATION REGARDING THE NOMINEES, DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANTS
The tables inExhibit D present certain information about the Nominees, current Directors and the Registrants' Executive Officers, including their names, addresses, birth dates, present positions with each of the Registrants, if applicable, length of term in office, if applicable, principal occupations during the past five years and other directorships held by each Interested and Independent Director or Nominee.
As of the Record Date,Date. In connection with the Federated Fund Complex was comprisedsolicitation of the above-named Registrants and certain other Registrants not currently electing Directors atsuch instructions from Variable Contract Owners, it is expected that insurance companies will furnish a copy of this Special Meeting and consisted of 39 investment companies (comprising 124 portfolios). Nominees are presently standing for electionProxy Statement to 35 investment companies (comprising 85 portfolios) in the Federated Fund Complex at this Special Meeting. Each Executive Officer is elected annuallyVariable Contract Owners. Any Variable Contract Owner giving instructions will be advised by the Boardsinvestment company concerning the means of the Registrants.
RESPONSIBILITIES OF THE BOARD AND ITS ROLE IN RISK OVERSIGHT
The Board of each Registrant is responsible for managing the business affairs of the Registrant and its constituent Funds and for exercising all powers of the Registrant and its Funds except those reserved for the shareholders. The Board's role in overseeing the Funds' general risks includes receiving performance reports for the Funds and risk management reports from the Chief Risk Officer of Federated Investors, Inc. (“Federated”) at each regular Board meeting. The Chief Risk Officer is responsible for enterprise risk management at Federated, which includes risk management committees for investment management and for investor services. The Board also receives regular reports from the Registrants' Chief Compliance Officer regarding significant compliance risks.
On behalf of the Board, the Audit Committee of the Board plays a key role overseeing the Fund's financial reporting and valuation risks. The Audit Committee meets regularly with the Fund's Principal Financial Officer and outside auditors, as well as with Federated's Chief Audit Executive to discuss financial reporting and audit issues, including risks relating to financial controls.
BOARD LEADERSHIP STRUCTURE
Peter E. Madden currently serves as the independent Chairman of the Board of each Registrant. Mr. Madden has served as the independent Chairman of the Board since January 1, 2009, having been elected in November 2008. As required under the terms of certain regulatory settlements, the Chairman of the Board is not an Interested Director and neither the Chairman, nor any firm with which the Chairman is affiliated, has a prior relationship with Federated or its affiliates, or (other than his position as a Director with the Registrants).
QUALIFICATIONS OF THE INTERESTED DIRECTORS
Individual Interested Director qualifications are noted in the table inExhibit D. In addition, the following characteristics are among those that were considered for each existing Interested Director and will be considered for any Interested Director Nominee:
• | Outstanding skills in disciplines that are particularly relevant to the role of Director and to the Registrants and their Funds, including legal, accounting, business management, the financial industry generally, and the investment industry particularly; and |
• | Appropriate interpersonal skills to work effectively with other Directors. |
QUALIFICATIONS OF THE INDEPENDENT DIRECTORS
Individual Independent Director qualifications are noted in the table inExhibit D. In addition, the following characteristics are among those that were considered for each existing Independent Director and will be considered for any Independent Director Nominee:
• | Outstanding skills in disciplines deemed by the Independent Directors to be particularly relevant to the role of Independent Directors and to the Federated Funds, including legal, accounting, business management, the financial industry generally, and the investment industry particularly; |
• | Desire and availability to serve for a substantial period of time, taking into account the current mandatory retirement age of 73 years for Independent Directors; |
• | Possesses no conflicts which would interfere with qualifying as independent; |
• | Appropriate interpersonal skills to work effectively with other Independent Directors; |
• | Understanding and appreciation of the important role occupied by independent trustees in the regulatory structure governing regulated investment companies; |
• | Diversity of background. |
MEETINGS OF THE BOARD
The Directors meet regularly to review a wide variety of matters affecting or potentially affecting the Registrants and their Funds, including performance, investment programs, compliance matters, advisory fees and expenses, service providers, and business and regulatory affairs.
The Boards of the Registrants held four regularly scheduled formal meetings and one special meeting during calendar year 2012.The Board meetings are summarized onExhibit E.In fiscal 2012 and 2013, each Directorattended at least 75% of the total number of meetings of each Board and of any committees of the Board on which the Director served held during the period of the Director's service. All Directors were reimbursed for expenses for attendance at Board meetings.
STANDING COMMITTEES OF THE BOARD
Each Board has three standing committees. The membersproviding voting instructions, and the functionstiming or method of these committees are described below.The number of committee meetings held for each of the Registrants can be found inExhibit E.
BOARD COMMITTEE | COMMITTEE MEMBERS | COMMITTEE FUNCTIONS |
Executive | John F. Donahue
Peter E. Madden
John S. Walsh | In between meetings of the full Board, the Executive Committee generally may exercise all the powers of the full Board in the management and direction of the business and conduct of the affairs of the Registrant in such manner as the Executive Committee shall deem to be in the best interests of the Registrant. However, the charter documents or the laws of the states in which the Registrants are organized may place certain limits on the extent to which the full Board may delegate its powers to the Executive Committee. |
Audit | Maureen Lally-Green*
Charles F. Mansfield, Jr.
Thomas M. O'Neill, Vice Chairman
John S. Walsh, Chairman | The Board has adopted a written charter for the Audit Committee, a copy of which is available under “Fund Governance” in the “Products” section of Federated website atFederatedInvestors.com. The Board has determined that the members of the Audit Committee are “independent.” An “independent” Audit Committee member may not, other than in their capacity as a member of the Audit Committee, the Board or any other Board committee, accept directly or indirectly any consulting, advisory or other compensatory fee from an issuer or be an “interested person” of a Fund as defined by the Investment Company Act of 1940.
The purposes of the Audit Committee are to oversee the accounting and financial reporting process of the Funds, the Funds' internal control over financial reporting, and the quality, integrity and independent audit of the Funds' financial statements. The Committee also oversees or assists the Board with the oversight of compliance with legal requirements relating to those matters, approves the engagement and reviews the qualifications, independence and performance of the Funds' independent registered public accounting firms, acts as a liaison between the independent registered public accounting firms and the Board and reviews the Funds' internal audit functions. In discharging its responsibilities, the Audit Committee is entitled to rely upon the reports, findings and representations of the Funds' auditors, legal counsel and responsible officers. |
BOARD COMMITTEE | COMMITTEE MEMBERS | COMMITTEE FUNCTIONS |
Nominating | John T. Collins*
Maureen Lally-Green*
Peter E. Madden, Chairman
Charles F. Mansfield, Jr.
Thomas M. O'Neill
P. Jerome Richey*
John S. Walsh | The Board has adopted a written charter for the Nominating Committee, provided inExhibit A, and which is also available under “Fund Governance” in the “Products” section of Federated's website atFederatedInvestors.com.
The Nominating Committee, whose members consist of all the Independent Directors, selects and nominates persons for election to the Registrants' Boards when vacancies occur or are reasonably anticipated. The Committee's nominees are presented to the Boards for election, or nomination for election by the shareholders, as the case may be. The Committee will consider candidates recommended by shareholders, Independent Directors of the Registrants, officers or employees of any of the Funds' agents or service providers and counsel to the Funds. In identifying and evaluating candidates for consideration, the Committee shall consider such factors as it deems appropriate. These factors will ordinarily include: integrity, intelligence, collegiality, judgment, diversity, skill, business and other experience, qualification as an “Independent Director,” the existence of material relationships which may create the appearance of a lack of independence, financial or accounting knowledge and experience, and dedication and willingness to devote the time and attention necessary to fulfill Board responsibilities.
Any shareholder who desires to have an individual considered for nomination by the Committee must submit a recommendation in writing to the Secretary of the Fund, at the Fund's address 4000 Ericcson Drive, Warrendale, PA 15086-7561. The recommendation should include the name and address of both the shareholder and the candidate and detailed information concerning the candidate's qualifications and experience.
The Committee does not at this time have a formal process for identifying and evaluating nominees for Director. However, it is not anticipated that the process for evaluating a nominee would differ based on whether the nominee is recommended by a shareholder. |
* | Not a member for certain Registrants |
HOW IS THE BOARD PAID FOR THEIR SERVICES TO THE REGISTRANTS?
Each Independent Director receives compensation for service as a member of the Board based on a schedule that takes into account the number of meetings attended and the assets of the Funds for which meetings are held. None of the Interested Directorsamending or Officers of the Funds or Registrants receives compensation from the Funds or Registrants. Compensation expenses are allocated to the Funds based, in part, on their relative net assets. Under the terms of each management agreement with the investment advisers to the Funds, the Funds are responsible for paying such fees and expenses. The Independent Directors of the Funds do not receiverevoking any pension or retirement benefits from the Funds or Federated Investors, Inc.Please see the table inExhibit F for amounts paid to the Independent Directors by each Fund and the Federated Family of Funds.
SHARE OWNERSHIP OF THE REGISTRANTS BY NOMINEES, DIRECTORS, EXECUTIVE OFFICERS AND PRINCIPAL SHAREHOLDERS
As of the Record Date, share ownership of the Funds by Officers and Directors and by significant shareholders, is shown in the tables provided inExhibit G andExhibit H, respectively.
COMMUNICATING WITH THE BOARD
Any shareholder who wishes to send a communication to the Board should send the communication to the attention of John W. McGonigle, Secretary of the Registrants, at 4000 Ericsson Drive, Warrendale, Pennsylvania 15086-7561. If a shareholder wishes to send a communication directly to an individual Director or to a Committee of the Board, then the communication should be specifically addressed to such individual Director or Committee and sent in care of the Secretary at the same address.
After reviewing the communication, the Secretary will then immediately forward the communication to the Board of Directors, the individual Director or to the Committee, as applicable.
The Registrants do not have a policy regarding attendance by Board members at special meetings, and it is not anticipated that any members of the Board will attend the Special Meeting.
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRMS, THEIR SERVICES AND FEES
Ernst & Young LLP or KPMG LLP are the independent registered public accounting firms for each Fund as summarized inExhibit I. Fees paid to the accounting firms are provided inExhibit Jand Exhibit K. Representatives of Ernst & Young LLP or KPMG LLP are not expected to be present at the Special Meeting but will have the opportunity to make a statement if they wish, and will be available should any matter arise requiring their presence.
The Audit Committee of each Board is required to pre-approve audit and non-audit services performed by the independent auditor in order to assure that the provision of such services does not impair the auditor's independence. Unless a type of service to be provided by the independent auditor has received general pre-approval pursuant to policies established by the Audit Committee as discussed below, it will require specific pre-approval by the Audit Committee. Any proposed services exceeding pre-approved cost levels will require specific pre-approval by the Audit Committee.
Certain services have the general pre-approval of the Audit Committee. The term of the general pre-approval is twelve months from the date of pre-approval, unless the Audit Committee specifically provides for a different period. The Audit Committee will annually review the services that may be provided by the independent auditor without obtaining specific pre-approval from the Audit Committee and may grant general pre-approval for such services. The Audit Committee will revise the list of general pre-approved services from time to time, based on subsequent determinations. The Audit Committee will not delegate its responsibilities to pre-approve services performed by the independent auditor to management.
The Audit Committee has delegated pre-approval authority to its Chairman. The Chairman will report any pre-approval decisions to the Audit Committee at its next scheduled meeting. The Committee will designate another member with such pre-approval authority when the Chairman is unavailable.
Audit Services
The annual Audit services engagement terms and fees will be subject to the specific pre-approval of the Audit Committee. The Audit Committee must approve any changes in terms, conditions and fees resulting from changes in audit scope, registered investment company structure or other matters.
In addition to the annual audit services engagement specifically approved by the Audit Committee, the Audit Committee may grant general pre-approval for other audit services, which are those services that only the independent auditor reasonably can provide. The Audit Committee has pre-approved certain audit services; all other services must be specifically pre-approved by the Audit Committee.
Audit-Related Services
Audit-related services are assurance and related services that are reasonably related to the performance of the audit or review of the financial statements of the Funds or that are traditionally performed by the independent auditor. The Audit Committee believes that the provision of Audit-related services does not impair the independence of the auditor, and has pre-approved certain audit-related services. All other audit-related services must be specifically pre-approved by the Audit Committee.
Tax Services
The Audit Committee believes that the independent auditor can provide Tax services to the Company such as tax compliance, tax planning and tax advice without impairing the auditor's independence. However, the Audit Committee will not permit the retention of the independent auditor in connection with a transaction initially recommended by the independent auditor, the purpose of which may be tax avoidance and the tax treatment of which may not be supported in the Internal Revenue Code and related regulations. The Audit Committee has pre-approved certain Tax services. All Tax services involving large and complex transactions must be specifically pre-approved by the Audit Committee.
All Other Services
With respect to the provision of services other than audit, review or attest services, the pre-approval requirement is waived if:
(1) | The aggregate amount of all such services provided constitutes no more than five percent of the total amount of revenues paid to the registrant's accountant by the Funds, the Funds' advisers (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the Funds during the fiscal year in which the services are provided; |
(2) | Such services were not recognized by the Funds, the Funds' advisers (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the Funds at the time of the engagement to be non-audit services; and |
(3) | Such services are promptly brought to the attention of the Audit Committee of the Funds and approved prior to the completion of the audit by the Audit Committee or by one or more members of the Audit Committee who are members of the Board of Directors to whom authority to grant such approvals has been delegated by the Audit Committee. |
The Audit Committee may grant general pre-approval to those permissible non-audit services classified as All Other Services that it believes are routine and recurring services, and would not impair the independence of the auditor. The Securities and Exchange Commission's rules and relevant guidance should be consulted to determine the precise definitions of prohibited non-audit services and the applicability of exceptions to certain of the prohibitions.
Pre-Approval Fee Levels
Pre-approval fee levels for all services to be provided by the independent auditor for each Fund will be established annually by the Audit Committee. Any proposed services exceeding these levels will require specific pre-approval by the Audit Committee.
Procedures
Requests or applications to provide services that require specific approval by the Audit Committee are submitted to the Audit Committee by both the independent auditor and the Principal Accounting Officer and/or Internal Auditor, and must include a statement as to whether, in their view, the request or application is consistent with the Securities and Exchange Commission's rules on auditor independence.
The percentage of services in the Audit-Related fees, Tax fees and All Other fees categories above that was approved by the Audit Committee pursuant to Section 2-01(c)(7)(C) of Regulation S-X were zero percent (0%) for the Funds and their investment advisers in 2011 and 2012.
The aggregate amount of Non-Audit Fees billed to the Funds, the Funds' investment advisers, and certain entities controlling, controlled by or under common control with the investment adviser for the last two fiscal years of each Fund are provided inExhibits Jand K.
The Audit Committee has concluded that the provision of non-audit services that were rendered by the independent auditors to the Funds' advisers (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2−01 of Regulation S-X is compatible with maintaining the auditor's independence.
WHAT VOTE IS REQUIRED TO ELECT DIRECTORS?
Only shareholders of record on the Record Date will be entitled to vote at the Special Meeting. Each share of the Registrants is entitled to one vote. Fractional shares are entitled to proportionate shares of one vote. Interests may be voted in person or by proxy. Proxies may be in written, telephonic or electronic form.
Quoruminstructions previously given.
In order to hold the Special Meeting, a “quorum” of shareholders must be present.Please seeExhibit C for each Registrant's quorum and voting requirements.
Votes cast Holders of more than fifty percent (50%) of the total number of outstanding Shares entitled to vote at the meeting, present in person or by proxy, or in person at the Special Meeting willshall be tabulated by the inspectors of election appointedrequired to constitute a quorum for the Special Meeting. The inspectorspurpose of election will determine whether a quorum isvoting on the proposal. Under both the 1940 Act and the Fund's Declaration of Trust, the favorable vote of: (a) the holders of 67% or more of the outstanding voting securities present at the Special Meeting.meeting, if the holders of more than 50% of the outstanding voting securities of the Fund are present or represented by proxy; or (b) the holders of more than 50% of the outstanding voting securities, whichever is less, is required to approve the proposal.
For purposes of determining a quorum for transacting business at the Special Meeting, abstentions and broker “non-votes” will be included for purposes of determining whether a quorum(that is, present. Broker non-votes occur when shares held byproxies from brokers or nominees typically in “street name,” asindicating that such persons have not received instructions from the beneficial owner or other persons entitled to vote Shares on a particular matter with respect to which proxiesthe brokers or nominees do not have been returneddiscretionary power) will be treated as shares that are present but (a) voting instructionswhich have not been received from the beneficial owners or persons entitled to vote; and (b) the broker or nominee does not have discretionary voting power or elects not to exercise discretion on a particular matter. Abstentions and broker non-votes will not be counted as votes cast.voted. For Registrants that require a plurality of votes to elect each of the nominees, abstentions and broker non-votes will not have an effect on the outcome of the vote on the proposal for Election of Directors. However, for Registrants that require a majority vote to elect each of the nominees,this reason, abstentions and broker non-votes will have the same effect asof a “no” vote.
The proposal for Election of Directors requiresobtaining the affirmative vote of either a “plurality”requisite approval of the votes cast at the Special Meeting or a majority of the votes cast entitled to be cast at the Special Meeting provided, in each case, that a quorum is present. A “plurality” is defined as more votes cast for than against each nominee.Please seeExhibit C for each Registrant's quorum and voting requirements.
How May Proxies be Revoked?
A shareholder executing and returning a proxy has the power to revoke it at any time prior to the time shares are voted by executing a superseding proxy (i.e., a later-dated and signed proxy), by submitting a notice of revocation to the Secretary of the Funds or by subsequently registering his or her vote by telephone, over the Internet or in person at the Special Meeting.proposal.
Adjournment
If a quorum is not present, persons present or named by proxy and entitled to vote may, by majorityplurality, vote to adjourn the Special Meeting from time to time until a quorum shall be present. Notice of any adjourned meeting need not be given other than an announcement at the Special Meeting. given.
In the event that a quorum is present but sufficient votes in favor of one or more of the proposalsproposal have not been received, the persons named as proxies may propose one or more adjournments of the Special Meeting to permit further solicitations of proxies with respect to such proposal(s).that proposal. All such adjournments will require the affirmative vote of a majority of the shares present in person or by proxyvotes cast and entitled to vote thereon at the session of the Special Meeting to be adjourned. TheAny such vote in FAVOR or AGAINST the proposal will authorize the persons named as proxies will vote those proxies which they are entitled to vote FORaccordingly in FAVOR or AGAINST any adjournment of the proposal in favorSpecial Meeting. Abstentions and broker non-votes are not counted as votes cast on the question of such an adjournment and will vote those proxies required to be voted AGAINST the proposal against any adjournment. A shareholder vote may be taken on any proposalother proposals in this proxy statementStatement prior to any such adjournment if sufficient votes have been received for approval.
On the Record Date, the Fund had outstanding, the following number of shares of beneficial interest, respectively, (the “Shares”), each Share being entitled to one vote and Expensesfractional shares having proportionate voting rights. The total outstanding Shares consist of:
| Fund | Number of
Outstanding Shares |
| Federated Prime Money Fund II | [XXX,XXX,XXX] |
Officers and Trustees of Proxythe Fund own less than 1% of the Fund's outstanding Shares.
At the close of business on the Record Date, the following persons owned (or held on behalf of their customers as beneficial owners), to the knowledge of management, more than 5% of the outstanding shares of the Fund:
Name and Address
of Shareholder | | Percentage of
Fund Owned |
| | |
Shareholders owning 25% or more of outstanding Shares may be in control and be able to affect the outcome of certain matters presented for a vote of shareholders.
Address of Investment Adviser, Distributor, Administrator and Underwriter
The Board is conducting the solicitation of proxies for use at the Special Meeting principally through the delivery by mail, e-mail or via the Internet, of this proxy statement and accompanying proxy cards. In addition to the solicitation through the mail, proxies may be solicited by officers, employees and agentsprincipal offices of the Registrants. In addition,Adviser (Federated Investment Management Company), the Distributor (Federated Securities Corp.) and the Fund's administrator, Federated ShareholderAdministrative Services, is Federated Investors Tower, 1001 Liberty Avenue, Pittsburgh, Pennsylvania, 15222-3779. The principal office of State Street Bank and Trust Company, the Fund's custodian, transfer agent and dividend disbursing agent is P.O. Box 8600, Boston, Massachusetts 02266-8600.
Auditors
KPMG LLP, an affiliateindependent registered public accounting firm, serves as an independent accountant and auditor tothe Fund. KPMG LLP has no direct or indirect financial interest in the Trust, except for the fees it receives as anauditor and independent public accountant. No representative of the Funds' Advisers, has entered into a contract with Broadridge Financial Solutions, Inc., 51 Mercedes Way, Edgewood, NY 11717 (“Broadridge”), pursuant to which Broadridge will provide certain project management, tabulation, and internet and telephonic voting services in addition to mailing the proxy materials. The feesKPMG LLP is expected to be paid to Broadridge under the contract are estimated to be $2.8 millionpresent at theSpecial Meeting.
Interests of Experts and Counsel
No expert or counsel named herein has a substantial interest in the aggregate. Shareholders who communicate proxies by telephone or by other electronic means haveFund, the same power and authority to issue, revoke or otherwise change their voting instructions as shareholders submitting proxies in written form. The cost of the proxy and the solicitation will be borne by the Funds. Certain expenses, such as printing and mailing, will be allocated to the Funds based upon the actual costs incurred by each Fund, other expenses, such as tabulation, solicitation and similar expenses, will be allocated based on the number of shareholder accounts within each Fund, while expenses such as legal fees will be divided evenly among the Funds. It is possible that based upon aAdviser, Federated Securities Corp. (the Fund's current fee waivers that the Fund's Advisers and their affiliates will ultimately bear some or all of these expenses for a particular Fund.
How to Obtain More Information About The Funds
Each Fund has previously sent its most recent prospectus, annual report and semi-annual report to its shareholders. A copy of the current prospectus, annual and semi-annual reports and Statement of Additional Information may be obtained at no cost through FederatedInvestors.com; by writing to the Fund at 4000 Ericsson Drive, Warrendale, Pennsylvania, 15086-7561 or by calling 1-800-341-7400. Please note that the prospectuses, Statements of Additional Information and shareholder reports for the following Registrants and their Funds are not available on FederatedInvestors.com: Federated Core Trust, Federated Core Trust II, L.P.distributor), Federated Core Trust IIIAdministrative Services (the Fund's administrator), or any proposal contemplated by this Proxy Statement.
Shareholder Meetings and Federated Managed Pool Series but will be provided promptly upon a request made by mail or telephone.
THE BOARDS RECOMMEND THAT SHAREHOLDERS VOTE TO ELECT AS DIRECTORS
THE PROPOSED NOMINEES FOR ELECTION TO THE BOARDS
SHAREHOLDER PROPOSALSShareholder Proposals
The Registrants areTrust is not required, and dodoes not intend to hold regular annual meetings of shareholders. Shareholders wishing to submit proposals for consideration for inclusion in a proxy statement for the next meeting of shareholders should send their written proposals to:to Federated Insurance Series, Federated Investors Funds, 4000 Ericsson Drive, Warrendale, Pennsylvania 15086-7561, so that they are received within a reasonable time before any such meeting.
Delivery of Documents to Shareholders Sharing an Address
In an effort to reduce costs and avoid duplicate mailings, the Fund intends to deliver a single copy of certain documents to each household in which more than one shareholder of the Fund resides (so-called “householding”), as permitted by applicable rules. The Fund's “householding” program covers its Prospectus and Statement of Additional Information, and supplements to each, as well as Semi-Annual and Annual Shareholder Reports and any Proxies or information statements.
Shareholders must give their written consent to participate in the “householding” program. The Fund is also permitted to treat a shareholder as having given consent (“implied consent”) if: (i) shareholders with the same last name, or believed to be members of the same family, reside at the same street address or receive mail at the same post office box; (ii) the Fund gives notice of its intent to “household” at least sixty (60) days before it begins “householding”; and (iii) none of the shareholders in the household have notified the Fund or their agent of the desire to “opt out” of “householding.” Shareholders who have granted written consent, or have been deemed to have granted implied consent, can revoke that consent and opt out of “householding” at any time: shareholders who purchased shares through an intermediary should contact their representative; other shareholders may call the Fund at 1-800-341-7400. If you are a shareholder residing at an address to which one copy of the Proxy was delivered, you may request an additional copy of the Proxy Statement, which the Fund will deliver promptly upon request. You may request additional copies of this Proxy Statement by calling or writing the Fund at the phone number and address provided above.
OTHER MATTERS AND DISCRETION OF ATTORNEYS NAMED IN THE PROXY
No business other than the mattersmatter described above is expected to come before the Special Meeting, but should any other matter requiring a vote of shareholders arise, including any question as to an adjournment or postponement of the Special Meeting, the persons named on the enclosed proxy card will vote on such matters according to their best judgment in the interests of the Registrants.Trust.
SHAREHOLDERS ARE REQUESTED TO COMPLETE, DATE AND SIGN
THE ENCLOSED PROXY CARD AND RETURN IT IN THE ENCLOSED ENVELOPE, WHICH
WHICH NEEDS NO POSTAGE IF MAILED IN THE UNITED STATES.
By Order of the Boards,Trustees,
John W. McGonigle
Secretary
Date: September 9, 2013August 27, 2015
PROXY STATEMENT
INVESTMENT ADVISERS OF THE FUNDSFEDERATED INSURANCE SERIES
Federated Equity Management Company of Pennsylvania
Federated Prime Money Fund II
Investment CounselingAdviser
Federated Investment Management CompanyFEDERATED INVESTMENT MANAGEMENT COMPANY
Passport Research, Ltd.
Federated Investors Tower
1001 Liberty Avenue
Pittsburgh, PAPennsylvania 15222-3779
Federated Global Investment Management Corp.
450 Lexington AvenueDistributor
Suite 3700FEDERATED SECURITIES CORP.
New York, NY 10017-3943
Federated MDTA LLC
125 High Street
Oliver Street Tower, 21st Floor
Boston, MA 02110
DISTRIBUTOR OF THE FUNDS
Federated Securities Corp.
Federated Investors Tower
1001 Liberty Avenue
Pittsburgh, PAPennsylvania 15222-3779
ADMINISTRATOR OF THE FUNDS
Federated Administrative Services
Administrator
FEDERATED ADMINISTRATIVE SERVICES
Federated Investors Tower
1001 Liberty Avenue
Pittsburgh, Pennsylvania 15222-3779
EXHIBIT A– NOMINATING COMMITTEE CHARTER
FEDERATED FUNDS
The Nominating Committee (the “Committee”) of each fund which adopts this charter (the “Fund”) shall be composed solely of Directors or Trustees who are not “interested persons” of the Fund as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended (the “1940 Act”) and who are “independent” as defined in the New York Stock Exchange Listing Standards (individually, an “Independent Trustee” and collectively the “Independent Trustees”). The Board of the Fund shall appoint the members of the Committee and, unless otherwise determined by the Board, the members of the Nominating Committee shall consist of all Independent Trustees. Unless otherwise determined by the Committee, the Chairman of the Independent Trustees shall serve as chair of the Committee.
Meetings. Meetings of the Committee shall be held at such times and places as determined from time to time by the Chair of the Committee, but not less frequently than annually. A majority of the members of the Committee shall constitute a quorum for the transaction of business. The Committee may meet by telephone and may act by unanimous written consent. The Committee may adopt such rules, procedures or policies as it deems appropriate from time to time to facilitate the conduct of its business.
Responsibilities. The Committee shall select and nominate persons for election to the Board as and when vacancies occur or are reasonably anticipated, which nominees shall be presented to the Board for election, or nomination for election by shareholders, as the case may be. The Committee will consider recommendations from Independent Trustees, officers or employees of any of the Fund's agents or service providers, counsel to the Fund or shareholders of the Fund. Any person wishing to recommend an individual for consideration should address such request to the Secretary of the Fund and include detailed information concerning the candidate's qualifications and experience. In identifying and evaluating candidates for consideration, the Committee shall consider such factors as it deems appropriate. These factors ordinarily will include: integrity, intelligence, collegiality, judgment, diversity, skill, business and other experience, qualification as an “Independent Trustee,” the existence of material relationships which may create the appearance of a lack of independence, financial or accounting knowledge and experience, dedication and willingness to devote the time and attention necessary to fulfill Board Responsibilities.
Miscellaneous. The Committee shall have the power, in its discretion, to (a) retain and compensate search firms; (b) approve the compensation of members of the Committee; and (c) engage and compensate such other advisers as it deems appropriate.
EXHIBIT B– TOTAL BENEFICIAL SHARES OUTSTANDING AS OF AUGUST 29, 2013
REGISTRANT AND FUND(S) / CLASS(ES) | TOTAL NUMBER OF SHARES
OF BENEFICIAL INTEREST |
Cash Trust Series, Inc. | |
Federated Government Cash Series | 2,499,391,867.61 |
Federated Municipal Cash Series | 344,124,238.17 |
Federated Prime Cash Series | 2,997,217,336.29 |
Federated Treasury Cash Series | 2,418,121,805.86 |
Cash Trust Series II | |
Federated Treasury Cash Series II | |
Cash II Shares | 39,347,472.71 |
Edward Jones Money Market Fund | |
Investment Shares | 11,459,374,472.00 |
Retirement Shares | 3,247,027,407.00 |
Federated Adjustable Rate Securities Fund | |
Institutional Shares | 82,417,222.30 |
Service Shares | 7,379,077.46 |
Federated Core Trust | |
Federated Bank Loan Core Fund | 32,522,401.28 |
Federated Inflation-Protected Securities Core Fund | 6,061,845.70 |
Federated Mortgage Core Portfolio | 167,683,777.85 |
High Yield Bond Portfolio | 365,135,469.65 |
Federated Core Trust II, L.P. | |
Emerging Markets Fixed Income Core Fund | 24,389,155.84 |
Federated Core Trust III | |
Federated and Project Trade Finance Core Fund | 38,110,650.14 |
Federated Equity Funds | |
Federated Absolute Return Fund | |
Class A Shares | 12,381,173.41 |
Class B Shares | 2,030,250.83 |
Class C Shares | 10,022,093.82 |
Institutional Shares | 3,182,457.86 |
Federated Clover Small Value Fund | |
Class A Shares | 6,012,139.69 |
Class C Shares | 871,411.25 |
Class R Shares | 338,632.77 |
Institutional Shares | 13,676,528.97 |
Federated Clover Value Fund | |
Class A Shares | 34,247,813.47 |
Class B Shares | 1,754,142.70 |
Class C Shares | 2,134,118.51 |
Class R Shares | 1,252,208.46 |
Institutional Shares | 10,467,628.04 |
Federated Global Equity Fund | |
Institutional Shares | 1,023,893.22 |
Federated InterContinental Fund | |
Class A Shares | 5,409,785.26 |
Class B Shares | 185,996.44 |
Class C Shares | 843,791.88 |
Class R Shares | 104,715.66 |
Class R6 Shares | 1.96 |
Institutional Shares | 5,339,448.69 |
REGISTRANT AND FUND(S) / CLASS(ES) | TOTAL NUMBER OF SHARES
OF BENEFICIAL INTEREST |
Federated International Strategic Value Dividend Fund | |
Class A Shares | 55,592,032.92 |
Class C Shares | 15,302,742.45 |
Institutional Shares | 65,834,320.05 |
Federated Kaufmann Fund | |
Class A Shares | 236,753,343.38 |
Class B Shares | 27,579,047.05 |
Class C Shares | 72,521,618.08 |
Class R Shares | 517,166,711.37 |
Federated Kaufmann Large Cap Fund | |
Class A Shares | 20,544,245.58 |
Class C Shares | 10,268,946.60 |
Class R Shares | 906,179.80 |
Institutional Shares | 18,861,263.23 |
Federated Kaufmann Small Cap Fund | |
Class A Shares | 16,505,367.62 |
Class B Shares | 1,384,069.58 |
Class C Shares | 6,566,458.45 |
Class R Shares | 1,218,691.98 |
Federated MDT Mid Cap Growth Strategies Fund | |
Class A Shares | 5,562,335.04 |
Class B Shares | 109,225.82 |
Class C Shares | 297,538.71 |
Class R Shares | 96,097.65 |
Institutional Shares | 2,031,365.46 |
Federated Prudent Bear Fund | |
Class A Shares | 111,646,876.56 |
Class C Shares | 25,124,792.12 |
Institutional Shares | 102,786,043.72 |
Federated Strategic Value Dividend Fund | |
Class A Shares | 328,778,234.77 |
Class C Shares | 171,386,834.23 |
Institutional Shares | 851,525,945.30 |
Federated Equity Income Fund, Inc. | |
Class A Shares | 47,207,915.44 |
Class B Shares | 3,036,028.18 |
Class C Shares | 4,935,091.89 |
Class F Shares | 1,689,200.73 |
Class R Shares | 1,031,219.22 |
Institutional Shares | 7,377,547.52 |
Federated Fixed Income Securities, Inc. | |
Federated Municipal Ultrashort Fund | |
Class A Shares | 179,540,047.42 |
Institutional Shares | 179,320,719.12 |
Federated Strategic Income Fund | |
Class A Shares | 77,078,959.14 |
Class B Shares | 12,024,850.67 |
Class C Shares | 30,915,301.33 |
Class F Shares | 10,107,928.72 |
Institutional Shares | 19,235,245.03 |
REGISTRANT AND FUND(S) / CLASS(ES) | TOTAL NUMBER OF SHARES
OF BENEFICIAL INTEREST |
Federated GNMA Trust | |
Institutional Shares | 32,501,033.64 |
Service Shares | 4,325,154.28 |
Federated Global Allocation Fund | |
Class A Shares | 9,121,014.02 |
Class B Shares | 1,459,885.50 |
Class C Shares | 3,398,428.80 |
Class R Shares | 3,205,503.94 |
Institutional Shares | 2,133,665.41 |
Federated Government Income Securities, Inc. | |
Class A Shares | 6,171,882.40 |
Class B Shares | 608,129.26 |
Class C Shares | 1,277,785.36 |
Class F Shares | 25,425,856.98 |
Federated High Income Bond Fund, Inc. | |
Class A Shares | 114,004,264.84 |
Class B Shares | 9,168,904.19 |
Class C Shares | 27,193,341.00 |
Federated High Yield Trust | |
Institutional Shares | 335,913.56 |
Service Shares | 65,849,172.06 |
Federated Income Securities Trust | |
Federated Capital Income Fund | |
Class A Shares | 45,625,286.93 |
Class B Shares | 5,912,290.24 |
Class C Shares | 28,614,947.41 |
Class F Shares | 13,406,051.31 |
Class R Shares | 12.48 |
Institutional Shares | 11,075,757.18 |
Federated Floating Rate Strategic Income Fund | |
Class A Shares | 15,764,398.02 |
Institutional Shares | 14,350,293.98 |
Federated Fund for U.S. Government Securities | |
Class A Shares | 57,063,377.54 |
Class B Shares | 2,310,828.48 |
Class C Shares | 6,141,031.01 |
Federated Intermediate Corporate Bond Fund | |
Institutional Shares | 19,680,709.00 |
Service Shares | 3,733,056.84 |
Federated Muni and Stock Advantage Fund | |
Class A Shares | 30,281,713.69 |
Class B Shares | 2,470,784.06 |
Class C Shares | 11,290,986.08 |
Class F Shares | 5,420,492.84 |
Institutional Shares | 3,271,582.73 |
Federated Prudent DollarBear Fund | |
Class A Shares | 10,379,913.55 |
Class C Shares | 1,178,339.20 |
Institutional Shares | 1,854,221.16 |
REGISTRANT AND FUND(S) / CLASS(ES) | TOTAL NUMBER OF SHARES
OF BENEFICIAL INTEREST |
Federated Real Return Bond Fund | |
Class A Shares | 2,581,394.95 |
Class C Shares | 1,192,182.79 |
Institutional Shares | 2,197,053.65 |
Federated Short-Term Income Fund | |
Class A Shares | 14,258,803.64 |
Class Y Shares | 45,437,362.57 |
Institutional Shares | 84,173,134.46 |
Service Shares | 22,251,940.69 |
Federated Unconstrained Bond Fund | |
Class A Shares | 1,504,854.64 |
Institutional Shares | 1,262,626.92 |
Federated Income Trust | |
Institutional Shares | 38,259,373.43 |
Service Shares | 2,835,983.73 |
Federated Index Trust | |
Federated Max-Cap Index Fund | |
Class C Shares | 2,277,446.99 |
Class R Shares | 2,957,426.03 |
Institutional Shares | 15,359,968.67 |
Service Shares | 15,597,175.56 |
Federated Mid-Cap Index Fund | |
Institutional Shares | 3,678,347.05 |
Service Shares | 33,053,116.06 |
Federated Institutional Trust | |
Federated Government Ultrashort Duration Fund | |
Class A Shares | 2,824,589.28 |
Institutional Shares | 73,350,298.20 |
Service Shares | 60,209,619.31 |
Federated Institutional High Yield Bond Fund | |
Institutional Shares | 266,379,673.78 |
Federated Intermediate Government/Corporate Fund | |
Institutional Shares | 10,304,742.81 |
Service Shares | 3,369,435.02 |
Federated Insurance Series | |
Federated Fund for U.S. Government Securities II | 19,465,083.89 |
Federated High Income Bond Fund II | |
Primary Shares | 31,468,109.85 |
Service Shares | 9,657,015.76 |
Federated Kaufmann Fund II | |
Primary Shares | 2,880,830.44 |
Service Shares | 3,592,637.61 |
Federated Managed Tail Risk Fund II | |
Primary Shares | 24,874,693.46 |
Service Shares | 635,556.69 |
Federated Managed Volatility Fund II | 33,764,873.02 |
Federated Prime Money Fund II | 163,425,497.99 |
Federated Quality Bond Fund II | |
Primary Shares | 20,908,021.79 |
Service Shares | 3,598,992.63 |
REGISTRANT AND FUND(S) / CLASS(ES) | TOTAL NUMBER OF SHARES
OF BENEFICIAL INTEREST |
Federated Intermediate Government Fund, Inc. | |
Institutional Shares | 796,377.36 |
Service Shares | 2,108,493.93 |
Federated International Series, Inc. | |
Federated International Bond Fund | |
Class A Shares | 4,821,599.34 |
Class B Shares | 215,482,12 |
Class C Shares | 907,346.22 |
Federated Investment Series Funds, Inc. | |
Federated Bond Fund | |
Class A Shares | 101,809,994.97 |
Class B Shares | 6,391,283.49 |
Class C Shares | 15,853,387.75 |
Class F Shares | 22,215,546.83 |
Institutional Shares | 21,474,617.92 |
Federated MDT Series | |
Federated MDT All Cap Core Fund | |
Class A Shares | 1,957,801.31 |
Class C Shares | 1,688,493.04 |
Class R Shares | 237,423.77 |
Institutional Shares | 2,305,310.07 |
Federated MDT Balanced Fund | |
Class A Shares | 3,493,072.12 |
Class C Shares | 2,509,327.67 |
Class R Shares | 28,928.28 |
Institutional Shares | 3,210,267.33 |
Federated MDT Large Cap Growth Fund | |
Class A Shares | 3,643,732.02 |
Class B Shares | 597,210.17 |
Class C Shares | 776,108.59 |
Institutional Shares | 382,244.34 |
Federated MDT Small Cap Core Fund | |
Class A Shares | 273,718.76 |
Class C Shares | 253,710.30 |
Institutional Shares | 1,000,825.90 |
Federated MDT Small Cap Growth Fund | |
Class A Shares | 1,837,530.53 |
Class B Shares | 128,819.21 |
Class C Shares | 327,369.51 |
Institutional Shares | 1,881,353.39 |
Federated MDT Stock Trust | |
Institutional Shares | 1,356,740.38 |
Service Shares | 8,180,599.01 |
Federated Managed Pool Series | |
Federated Corporate Bond Strategy Portfolio | 4,696,055.81 |
Federated High-Yield Strategy Portfolio | 1,541,464.23 |
Federated International Bond Strategy Portfolio | 462,678.75 |
Federated Mortgage Strategy Portfolio | 5,187,724.45 |
REGISTRANT AND FUND(S) / CLASS(ES) | TOTAL NUMBER OF SHARES
OF BENEFICIAL INTEREST |
Federated Municipal Securities Fund, Inc. | |
Class A Shares | 38,036,295.29 |
Class B Shares | 923,226.02 |
Class C Shares | 2,271,018.96 |
Class F Shares | 1,990,567.01 |
Federated Municipal Securities Income Trust | |
Federated Michigan Intermediate Municipal Trust | |
Class A Shares | 11,161,649.19 |
Federated Municipal High Yield Advantage Fund | |
Class A Shares | 26,605,993.30 |
Class B Shares | 1,941,372.49 |
Class C Shares | 6,528,012.35 |
Class F Shares | 22,069,715.87 |
Institutional Shares | 299,183.36 |
Federated New York Municipal Income Fund | |
Class A Shares | 2,797,998.64 |
Class B Shares | 267,041.67 |
Federated Ohio Municipal Income Fund | |
Class A Shares | 4,251,145.32 |
Class F Shares | 11,093,021.75 |
Federated Pennsylvania Municipal Income Fund | |
Class A Shares | 22,456,638.70 |
Class B Shares | 372,367.36 |
Federated Short-Intermediate Duration Municipal Trust | |
Class A Shares | 47,695,645.47 |
Institutional Shares | 50,954,513.72 |
Service Shares | 3,673,925.48 |
Federated Total Return Government Bond Fund | |
Institutional Shares | 63,515,329.13 |
Service Shares | 14,135,279.20 |
Federated Total Return Series, Inc. | |
Federated Mortgage Fund | |
Institutional Shares | 18,978,685.58 |
Service Shares | 4,243,037.82 |
Federated Total Return Bond Fund | |
Class A Shares | 62,511,575.94 |
Class B Shares | 2,987,499.91 |
Class C Shares | 12,812,385.76 |
Class R Shares | 8,226,812.60 |
Institutional Shares | 357,143,884.49 |
Service Shares | 80,088,010.74 |
Federated Ultrashort Bond Fund | |
Class A Shares | 63,864,424.93 |
Institutional Shares | 193,175,528.77 |
Service Shares | 16,553,572.74 |
Federated U.S. Government Securities Fund: 1-3 Years | |
Class Y Shares | 19,841,888.82 |
Institutional Shares | 13,556,977.23 |
Service Shares | 3,272,760.62 |
REGISTRANT AND FUND(S) / CLASS(ES) | TOTAL NUMBER OF SHARES
OF BENEFICIAL INTEREST |
Federated U.S. Government Securities Fund: 2-5 Years | |
Class R Shares | 1,625,624.14 |
Institutional Shares | 45,357,981.69 |
Service Shares | 7,295,394.27 |
Federated World Investment Series, Inc. | |
Federated Emerging Market Debt Fund | |
Class A Shares | 10,542,787.48 |
Class B Shares | 1,076,415.47 |
Class C Shares | 3,499,199.44 |
Institutional Shares | 3,765,970.07 |
Federated International Leaders Fund | |
Class A Shares | 12,129,409.99 |
Class B Shares | 706,701.87 |
Class C Shares | 1,420,914.71 |
Class R Shares | 3.69 |
Class R6 Shares | 3.30 |
Institutional Shares | 9,448,110.48 |
Federated International Small-Mid Company Fund | |
Class A Shares | 3,333,251.79 |
Class B Shares | 180,434.92 |
Class C Shares | 672,440.44 |
Institutional Shares | 558,675.17 |
Intermediate Municipal Trust | |
Federated Intermediate Municipal Trust | |
Class Y Shares | 707,355.29 |
Institutional Shares | 8,977,772.51 |
EXHIBIT C– QUORUM AND VOTING REQUIREMENTS OF THE REGISTRANTS
REGISTRANT | QUORUM | VOTE REQUIRED
TO ELECT DIRECTORS |
Cash Trust Series II
Federated Adjustable Rate Securities Fund
Federated Income Securities Trust
Federated Insurance Series
Federated Municipal Securities Income Trust
Federated U.S. Government Securities Fund: 1-3 Years | More than 50% of Outstanding Shares of each Registrant | Plurality |
Cash Trust Series, Inc.
Edward Jones Money Market Fund
Federated Core Trust
Federated Core Trust II, L.P.
Federated Core Trust III
Federated Global Allocation Fund
Federated High Yield Trust
Federated Managed Pool Series
Federated MDT Series
Federated Total Return Government Bond Fund | 1/3 of Outstanding Shares of each Registrant | Plurality |
Federated Equity Funds
Federated GNMA Trust
Federated Income Trust
Federated Index Trust
Federated Institutional Trust
Federated MDT Stock Trust
Federated Short-Intermediate Duration Municipal Trust
Intermediate Municipal Trust | 1/4 of Outstanding Shares of each Registrant | Plurality |
Federated Equity Income Fund, Inc.
Federated Fixed Income Securities, Inc.
Federated High Income Bond Fund, Inc.
Federated Intermediate Government Fund, Inc.
Federated International Series, Inc.
Federated Investment Series Funds, Inc.
Federated Municipal Securities Fund, Inc.
Federated Total Return Series, Inc.
Federated World Investment Series, Inc. | 1/3 of Outstanding Shares of each Registrant | Majority |
Federated Government Income Securities, Inc. | All Shareholders entitled to cast a majority in number of votes | Majority |
Federated U.S. Government Securities Fund: 2-5 Years | More than 1/4 of Outstanding Shares | Plurality |
EXHIBIT D– INFORMATION ABOUT THE NOMINEES, DIRECTORS AND OFFICERS OF THE REGISTRANTS
nominees standing for election TO THE REGISTRANTS' BOARD
Following is information about the nominees standing for election. For each nominee, their address is 4000 Ericsson Drive, Warrendale, Pennsylvania 15086-7561. Each nominee, if elected by shareholders, will oversee 124 Funds that comprise the entire Federated Family of Funds. As of August 29, 2013, no Independent Nominee owns beneficially or of record any securities issued by (1) the investment adviser or principal underwriter of the Registrants, or (2) any person directly or indirectly controlling, controlled by, or under common control with the investment adviser or principal underwriter of the Funds.
INTERESTED DIRECTOR NOMINEE
Name and Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years, Other Directorships Held and Previous Positions and Qualifications | Registrants Currently Serving as Director | Registrants for which Nominee is Standing for Election as Director |
J. Christopher Donahue*
Birth Date: April 11, 1949
* Family relationships and reasons for “interested” status: J. Christopher Donahue is the son of John F. Donahue. Both are “interested” due to their beneficial ownership of shares of Federated Investors, Inc. and the positions they hold with Federated and its subsidiaries. | Interested Director and President | Principal Occupations: Principal Executive Officer and President of some of the Funds in the Federated Fund Complex; Director or Trustee of some of the Funds in the Federated Fund Complex; President, Chief Executive Officer and Director, Federated Investors, Inc.; Chairman and Trustee, Federated Investment Management Company; Trustee, Federated Investment Counseling; Chairman and Director, Federated Global Investment Management Corp.; Chairman, Federated Equity Management Company of Pennsylvania and Passport Research, Ltd. (Investment advisory subsidiary of Federated); Trustee, Federated Shareholder Services Company; Director, Federated Services Company.
Previous Positions: President, Federated Investment Counseling; President and Chief Executive Officer, Federated Investment Management Company, Federated Global Investment Management Corp. and Passport Research, Ltd.
Qualifications: Legal, business management, mutual fund and director experience. | All except Federated U.S. Government Securities Fund: 2-5 Years | Federated U.S. Government Securities Fund: 2-5 Years |
INDEPENDENT DIRECTOR NOMINEES
Name and Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years, Other Directorships Held and Previous Positions and Qualifications | Registrants Currently Serving as Director | Registrants for which Nominee is Standing for Election as Director |
John T. Collins
Birth Date:
January 24, 1947 | Independent Director | Principal Occupations: Director or Trustee of certain Funds in the Federated Fund Complex; Chairman and CEO, The Collins Group, Inc. (a private equity firm).
Other Directorships Held: Chairman Emeriti, Bentley University; Director, Sterling Suffolk Downs, Inc.; Director, National Association of Printers and Lithographers.
Previous Position:Director and Audit Committee Member, Bank of America Corp.
Qualifications: Business management and director experience. | Federated Core Trust III, Federated Short-Intermediate Duration Municipal Trust, Intermediate Municipal Trust and Money Market Obligations Trust | All Registrants |
Name and Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years, Other Directorships Held and Previous Positions and Qualifications | Registrants Currently Serving as Director | Registrants for which Nominee is Standing for Election as Director |
Maureen Lally-Green
Birth Date: July 5, 1949 | Independent Director | Principal Occupations: Director or Trustee of the Federated Fund Complex; Director, Office of Church Relations, and Associate General Secretary, Diocese of Pittsburgh; Adjunct Professor of Law, Duquesne University School of Law
Other Directorships Held: Director, Auberle; Member, Pennsylvania State Board of Education; Director, Saint Vincent College; Director, Ireland Institute of Pittsburgh; Chair and Director, UPMC Mercy Hospital; Regent, St. Vincent Seminary; Director, Epilepsy Foundation of Western and Central Pennsylvania; Director, Saint Thomas More Society, Allegheny County; Director, Our Campaign for the Church Alive, Inc.
Previous Position: Pennsylvania Superior Court Judge
Qualifications: Legal and director experience. | All except Federated U.S. Government Securities Fund: 2-5 Years | All Registrants except Federated Core Trust III |
Thomas M. O'Neill
Birth Date: June 14, 1951 | Independent Director | Principal Occupations: Director or Trustee, Vice Chairman of the Audit Committee of the Federated Fund Complex; Sole Proprietor, Navigator Management Company (investment and strategic consulting).
Other Directorships Held: Board of Overseers, Children's Hospital of Boston; Visiting Committee on Athletics, Harvard College; Board of Directors, Medicines for Humanity; Board of Directors, The Golisano Children's Museum of Naples, Florida.
Previous Positions: Chief Executive Officer and President, Managing Director and Chief Investment Officer, Fleet Investment Advisors; President and Chief Executive Officer, Aletus Investment Management, Inc.; General Partner, Hellman, Jordan Management Co., Boston, MA; Chief Investment Officer, The Putnam Companies, Boston, MA; Credit Analyst and Lending Officer, Fleet Bank; Director and Consultant, EZE Castle Software (investment order management software); Director, Midway Pacific (lumber).
Qualifications: Business management, mutual fund, director and investment experience. | All Registrants | All Registrants except Federated Core Trust III, Federated Short-Intermediate Municipal Trust, and Intermediate Municipal Trust |
P. Jerome Richey
Birth Date:
February 23, 1949 | Independent Director | Principal Occupations: Director or Trustee of certain Funds in the Federated Fund Complex; General Counsel, University of Pittsburgh.
Other Directorships Held: Board Chairman, Epilepsy Foundation of Western Pennsylvania; Board Member, World Affairs Council of Pittsburgh; Board Member, Energy & Mineral Law Foundation.
Previous Positions: Chief Legal Officer and Executive Vice President, CONSOL Energy Inc.; Shareholder, Buchanan Ingersoll & Rooney PC.
Qualifications: Business management, legal and director experience. | Federated Core Trust III, Federated Short-Intermediate Duration Municipal Trust, Federated U.S. Government Securities Fund: 2-5 Years, Intermediate Municipal Trust and Money Market Obligations Trust | All Registrants |
Other Directors of the Registrants' BOARD NOT STANDING FOR ELECTION
Following is information about the other Directors of the Registrants currently serving and who are not standing for election. For each Director, their address is 4000 Ericsson Drive, Warrendale, Pennsylvania 15086-7561. Each Director currently oversees 137 Funds that comprise the Registrants. J. Christopher Donahue oversees 136 Funds. As of August 29, 2013, no Independent Director owns beneficially or of record any securities issued by (1) the investment adviser or principal underwriter of the Registrants, or (2) any person directly or indirectly controlling, controlled by, or under common control with the investment adviser or principal underwriter of the Funds.
INTERESTED DIRECTOR
Name and Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years, Other Directorships Held and Previous Positions and Qualifications | Registrants Currently Serving as Director |
John F. Donahue*
Birth Date: July 28, 1924
* Family relationships and reasons for “interested” status: John F. Donahue is the father of J. Christopher Donahue. Both are “interested” due to their beneficial ownership of shares of Federated Investors, Inc. and the positions they hold with Federated and its subsidiaries. | Interested Director | Principal Occupations: Director or Trustee of the Federated Fund Complex; Chairman and Director, Federated Investors, Inc.; Chairman of the Federated Fund Complex's Executive Committee.
Previous Positions: Chairman of the Federated Fund Complex; Trustee, Federated Investment Management Company and Chairman and Director, Federated Investment Counseling.
Qualifications: Legal, business management, mutual fund and director experience. | All Registrants |
INDEPENDENT DIRECTORS
Name and Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years, Other Directorships Held and Previous Positions and Qualifications | Registrants Currently Serving as Director |
Peter E. Madden
Birth Date: March 16, 1942 | Independent Director | Principal Occupation: Director or Trustee, and Chairman of the Board of Directors or Trustees, of the Federated Fund Complex.
Previous Positions: Representative, Commonwealth of Massachusetts General Court; President, Chief Operating Officer and Director, State Street Bank and Trust Company and State Street Corporation (retired); Director, VISA USA and VISA International; Chairman and Director, Massachusetts Bankers Association; Director, Depository Trust Corporation; Director, The Boston Stock Exchange.
Qualifications: Business management, mutual fund services and director experience. | All Registrants |
Charles F. Mansfield, Jr.
Birth Date: April 10, 1945 | Independent Director | Principal Occupations: Director or Trustee of the Federated Fund Complex; Management Consultant.
Previous Positions: Chief Executive Officer, PBTC International Bank; Partner, Arthur Young & Company (now Ernst & Young LLP); Chief Financial Officer of Retail Banking Sector, Chase Manhattan Bank; Senior Vice President, HSBC Bank USA (formerly Marine Midland Bank); Vice President, Citibank; Assistant Professor of Banking and Finance, Frank G. Zarb School of Business, Hofstra University; Executive Vice President DVC Group, Inc. (marketing, communications and technology).
Qualifications: Banking, business management, education and director experience. | All Registrants |
Name and Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years, Other Directorships Held and Previous Positions and Qualifications | Registrants Currently Serving as Director |
John S. Walsh
Birth Date: November 28, 1957 | Independent Director | Principal Occupations: Director or Trustee, Chairman of the Audit Committee of the Federated Fund Complex; President and Director, Heat Wagon, Inc. (manufacturer of construction temporary heaters); President and Director, Manufacturers Products, Inc. (distributor of portable construction heaters); President, Portable Heater Parts, a division of Manufacturers Products, Inc.
Previous Position: Vice President, Walsh & Kelly, Inc.
Qualifications: Business management and director experience. | All Registrants |
Executive Officers Of the Registrants
Following is information about the Executive Officers of the Registrants. Note that positions with the Registrants can be found in the Service Dates table below. Unless otherwise indicated, the address for each Officer is 1001 Liberty Avenue, Pittsburgh, Pennsylvania, 15222. Officers do not receive any compensation from the Registrants.
Name
Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years and Previous Positions |
John W. McGonigle
Birth Date: October 26, 1938 | Executive Vice President and Secretary | Principal Occupations: Executive Vice President and Secretary of the Federated Fund Complex; Vice Chairman, Executive Vice President, Secretary and Director, Federated Investors, Inc.
Previous Positions: Director, Federated Investment Management Company and Federated Investment Counseling; Director, Federated Global Investment Management Corp., Federated Services Company and Federated Securities Corp. |
Lori A. Hensler, CPA
Birth Date: January 6, 1967 | Treasurer | Principal Occupations: Principal Financial Officer and Treasurer of the Federated Fund Complex; Senior Vice President, Federated Administrative Services; Financial and Operations Principal for Federated Securities Corp., Edgewood Services, Inc. and Southpointe Distribution Services, Inc.
Previous Positions: Controller of Federated Investors, Inc.; Vice President, Finance of Federated Services Company; held various financial management positions within The Mercy Hospital of Pittsburgh; Auditor, Arthur Andersen & Co. |
John B. Fisher
Birth Date: May 16, 1956 | President | Principal Occupations: Vice Chairman or Vice President of some of the Funds in the Federated Fund Complex; Vice Chairman, Federated Investors, Inc.; Chairman, Federated Securities Corp.
Previous Positions: President and Director or Director of some of the Funds in the Federated Fund Complex; Executive Vice President, Federated Investors, Inc. and Director and Chief Executive Officer, Federated Securities Corp. |
Richard B. Fisher
Birth Date: May 17, 1923 | Chairman,
Vice President | Principal Occupations: Vice Chairman or Vice President of some of the Funds in the Federated Fund Complex; Vice Chairman, Federated Investors, Inc.; Chairman, Federated Securities Corp.
Previous Positions: President and Director or Director of some of the Funds in the Federated Fund Complex; Executive Vice President, Federated Investors, Inc. and Director and Chief Executive Officer, Federated Securities Corp. |
Brian P. Bouda
Birth Date: February 28, 1947 | Senior Vice President
and Chief Compliance Officer | Principal Occupations: Senior Vice President and Chief Compliance Officer of the Federated Fund Complex; Vice President and Chief Compliance Officer of Federated Investors, Inc.; and Chief Compliance Officer of its subsidiaries. Mr. Bouda joined Federated in 1999 and is a member of the American Bar Association and the State Bar Association of Wisconsin. |
Name
Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years and Previous Positions |
Peter J. Germain
Birth Date: September 3, 1959 | Chief Legal Officer | Principal Occupations: Mr. Germain is Chief Legal Officer of the Federated Fund Complex. He is General Counsel and Vice President, Federated Investors, Inc; President, Federated Administrative Services and Federated Administrative Services, Inc.; Vice President, Federated Securities Corp.; Secretary, Federated Private Asset Management, Inc.; and Secretary, Retirement Plan Service Company of America. Mr. Germain joined Federated in 1984 and is a member of the Pennsylvania Bar.
Previous Positions: Deputy General Counsel, Special Counsel, Managing Director of Mutual Fund Services, Federated Investors, Inc.; Senior Vice President, Federated Services Company; and Senior Corporate Counsel, Federated Investors, Inc. |
Todd A. Abraham
Birth Date: February 10, 1966 | Vice President | Principal Occupations: Todd A. Abraham is a Portfolio Manager and Vice President Mr. Abraham has been a Portfolio Manager since 1995. Mr. Abraham joined Federated in 1993 as an Investment Analyst and served as Assistant Vice President of the Fund's Adviser from 1995 to 1997. Mr. Abraham served as a Portfolio Analyst at Ryland Mortgage Co. from 1992-1993. Mr. Abrahamhas received the Chartered Financial Analyst designation and holds an M.B.A. in Finance from Loyola College. |
J. Scott Albrecht
Birth Date: June 1, 1960 | Vice President | Principal Occupations: J. Scott Albrecht is a portfolio manager and Vice President. Mr. Albrecht joined Federated in 1989. He became a Senior Vice President of the Fund's Adviser in January 2005 and served as a Vice President of the Fund's Adviser from 1994 through 2004. He has been a Senior Portfolio Manager since 1997 and was a Portfolio Manager from 1994 to 1996. Mr. Albrecht has received the Chartered Financial Analyst designation and holds an M.S. in Public Management from Carnegie Mellon University. |
Lawrence Auriana
Birth Date: January 8, 1944
140 East 45th Street
New York, NY 10017 | Vice President | Principal Occupations: Lawrence Auriana is a portfolio manager and Vice President. Mr. Auriana joined Federated in April 2001 as Co-Head of Investments/Federated Kaufmann. From August 1984 to April 2001, Mr. Auriana was President and Treasurer of Edgemont Asset Management Corp., and Chairman of the Board and Portfolio Manager to The Kaufmann Fund, Inc. (predecessor to the Federated Kaufmann Fund). Mr. Auriana earned a B.S. in economics from Fordham University and has been engaged in the securities business since 1965. |
Stephen F. Auth
Birth Date: September 3, 1956
450 Lexington Avenue
Suite 3700
New York, NY 10017-3943 | Chief Investment Officer | Principal Occupations: Stephen F. Auth is Chief Investment Officer of various Funds in the Federated Fund Complex; Executive Vice President, Federated Investment Counseling, Federated Global Investment Management Corp. and Federated Equity Management Company of Pennsylvania.
Previous Positions: Executive Vice President, Federated Investment Management Company and Passport Research, Ltd. (investment advisory subsidiary of Federated); Senior Vice President, Global Portfolio Management Services Division; Senior Vice President, Federated Investment Management Company and Passport Research, Ltd.; Senior Managing Director and Portfolio Manager, Prudential Investments. |
Randall S. Bauer
Birth Date: November 16, 1957 | Vice President | Principal Occupations: Randall S. Bauer is a portfolio manager and Vice President. Mr. Bauer joined Federated in 1989 and has been a Portfolio Manager and a Vice President of the Fund's Adviser since 1994, and a Senior Vice President of the Fund's Adviser since January 2007. Mr. Bauer has received the Chartered Financial Analyst designation and an M.B.A. in Finance from the Pennsylvania State University. |
Walter C. Bean
Birth Date: June 22, 1945 | Vice President | Principal Occupations: Walter C. Bean is a portfolio manager and Vice President. Mr. Bean is a Senior Vice President, Senior Portfolio Manager and the Head of the Equity Income Management Team of the Fund's Adviser. Mr. Bean joined Federated in 2000. His previous associations included: various investment management and research positions with C.S. McKee & Company, First Chicago Investment Advisors, CIGNA Investment Advisors and Mellon Bank. Mr. Bean earned a B.S. in Business Administration from Ohio University and an M.B.A. from the Pennsylvania State University. Mr. Bean has received the Chartered Financial Analyst designation and has 43 years of investment experience. |
Jerome Conner
Birth Date: June 3, 1968 | Vice President | Principal Occupations: Jerome Conner, CFA is a portfolio manager and Vice President. Mr. Conner joined Federated in 2002 as an Investment Analyst, responsible for research and competitive analysis in the domestic fixed income area concentrating on high-grade corporate and commercial mortgage-backed securities. He became an Assistant Vice President of the Fund's Adviser in 2004 and a Vice President and Senior Investment Analyst in 2007. Previous associations: Associate, Riggs Capital Partners; Associate, Allied Capital; Relationship Manager, Mellon Bank Corporate Banking Department; Officer, U.S. Marine Corps. B.S., U.S. Naval Academy; M.S., Boston University. |
Name
Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years and Previous Positions |
Deborah A. Cunningham
Birth Date: September 15, 1959 | Chief Investment Officer | Principal Occupations: Deborah A. Cunningham is a portfolio manager and was named Chief Investment Officer of money market products in 2004. She joined Federated in 1981 and has been a Senior Portfolio Manager since 1997 and an Executive Vice President of the Fund's Adviser since 2009. Ms. Cunningham has received the Chartered Financial Analyst designation and holds an M.S.B.A. in Finance from Robert Morris College. |
Lee R. Cunningham II
Birth Date: August 26, 1964 | Vice President | Principal Occupations:Lee R. Cunningham II is a portfolio manager and Vice President. He joined Federated in 1995 as an Investment Analyst and has been a Portfolio Manager since 1998. He was named an Assistant Vice President of the Fund's Adviser in January 1998 and became a Vice President of the Fund's Adviser in July 2000. From 1986 through 1994, Mr. Cunningham was a Project Engineer with Pennsylvania Power and Light Company. He received his M.B.A. with concentrations in Finance and Operations from the University of Pittsburgh. |
Anthony Delserone
Birth Date: July 2, 1960 | Vice President | Principal Occupations:B. Anthony Delserone, Jr., is a portfolio manager and Vice President. Mr. Delserone joined Federated in 1998 and has been a Senior Portfolio Manager since 2002. In 1999, Mr. Delserone was a Portfolio Manager and a Vice President of the Fund's Adviser. From 1998 through 1999, Mr. Delserone was a Senior Investment Analyst and an Assistant Vice President of the Fund's Adviser. Mr. Delserone has received the Chartered Financial Analyst designation, a B.B.A. from The College of William and Mary in Virginia and an M.B.A. in Finance from the Sellinger School of Business, Loyola College of Maryland. |
Bryan J. Dingle
Birth Date: February 12, 1971 | Vice President | Principal Occupations: Bryan J. Dingle is a portfolio manager and Vice President. Mr. Dingle joined Federated in 2006 as a Senior Investment Analyst and an Assistant Vice President of a Federated advisory subsidiary. He became a Vice President of the Fund's Adviser in 2008. From 1997 to 2006, he served as a Vice President and Senior Credit Analyst of Fixed Income Corporate Bond Research for MTB Investment Advisors, from 1995 to 1997 he was an Investment Officer and Junior Credit Analyst at MTB Investment Advisors and from 1994 to 1995 served as a Relationship Manager and Credit Analyst Trainee for M&T Bank. Mr. Dingle earned his B.S. at the University of Delaware and received his M.B.A. in Business and Management from the University of Maryland. |
Mark E. Durbiano
Birth Date: September 21, 1959 | Vice President | Principal Occupations: Mark E. Durbiano is a portfolio manager and Vice President. Mr. Durbiano joined Federated in 1982 and has been a Senior Portfolio Manager and a Senior Vice President of the Fund's Adviser since 1996. From 1988 through 1995, Mr. Durbiano was a Portfolio Manager and a Vice President of the Fund's Adviser. Mr. Durbiano has received the Chartered Financial Analyst designation and an M.B.A. in Finance from the University of Pittsburgh. |
Donald T. Ellenberger
Birth Date: July 24, 1958 | Vice President | Principal Occupations: Donald T. Ellenberger is a portfolio manager and Vice President. He is a Senior Portfolio Manager and Head of Multi-Sector Strategies. He joined Federated in 1996 as a Portfolio Manager and a Vice President of a Federated advisory subsidiary. He became a Senior Vice President of the Fund's Adviser in January 2005 and served as a Vice President of the Fund's Adviser from 1997 through 2004. From 1986 to 1996, he served as a Trader/Portfolio Manager for Mellon Bank, N.A. Mr. Ellenberger received his M.B.A. in Finance from Stanford University. |
John B. Fisher
Birth Date: May 16, 1956 | President | Principal Occupations: President, Director/Trustee and CEO, Federated Advisory Services Company, Federated Equity Management Company of Pennsylvania, Federated Global Investment Management Corp., Federated Investment Counseling, Federated Investment Management Company; President and CEO of Passport Research, Ltd.; President of some of the Funds in the Federated Fund Complex and Director, Federated Investors Trust Company.
Previous Positions: President and Director of the Institutional Sales Division of Federated Securities Corp.; President and Director of Federated Investment Counseling; Director, Edgewood Securities Corp.; Director, Federated Services Company; Director, Federated Investors, Inc.; Chairman and Director, Southpointe Distribution Services, Inc. and President, Technology, Federated Services Company. |
R. J. Gallo
Birth Date: June 10, 1969 | Vice President | Principal Occupations: R.J. Gallo is a Vice President, Senior Portfolio Manager and Head of the Municipal Bond Investment Group. Mr. Gallo joined Federated in 2000 as an Investment Analyst. He became a Senior Vice President of the Fund's Adviser in 2011. From 2005 to 2010 Mr. Gallo served as Vice President and from January 2002 through 2004 and as an Assistant Vice President of the Fund's Adviser. He has been a Portfolio Manager since December 2002. From 1996 to 2000, Mr. Gallo was a Financial Analyst and Trader at the Federal Reserve Bank of New York. Mr. Gallo has received the Chartered Financial Analyst designation and a Master's in Public Affairs with a concentration in Economics and Public Policy from Princeton University. |
Name
Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years and Previous Positions |
Stephen K. Gutch
Birth Date: May 22, 1968 | Vice President | Principal Occupations: Stephen K. Gutch is a portfolio manager and Vice President. Mr. Gutch joined Federated in 2008 and is a Senior Vice President of the Fund's Adviser. Prior to joining Federated, Mr. Gutch was employed with Clover Capital Management, Inc. (“Clover”) where he served as Director of Research, overseeing the firm's portfolio management effort, and co-manager of Clover's small-cap value strategy. Prior to joining Clover in 2003, Mr. Gutch worked for Continental Advisors, LLC where he was managing director for the firm's financial services hedge fund. Prior to this, Mr. Gutch managed the financial services portfolio of Fulcrum Investment Group, LLC in Chicago for five years. Mr. Gutch has received the Chartered Financial Analyst designation. He received his B.A. in Economics from the University of Rochester and his M.B.A. from the William E. Simon Graduate School of Business Administration from the University of Rochester. |
Marc Halperin
Birth Date: July 18, 1951
450 Lexington Avenue
Suite 3700
New York, NY 10017-3943 | Vice President | Principal Occupations: Marc Halperin is a portfolio manager and Vice President. Mr. Halperin joined the Fund's Adviser as a Vice President and Portfolio Manager in 1998. Previously, Mr. Halperin served as Associate Director/Portfolio Manager at UOB Asset Management from 1996 through 1998. From 1993 through 1995, Mr. Halperin was Vice President, Asian Equities, at Massachusetts Financial Services Co. Mr. Halperin earned his M.A. with a major in Municipal Finance from the University of Illinois. |
Susan R. Hill
Birth Date: June 20, 1963 | Vice President | Principal Occupations: Susan R. Hill is a portfolio manager and Vice President. Ms. Hill joined Federated in 1990 and has been a Senior Portfolio Manager since 2003 and a Senior Vice President of the Fund's Adviser since 2005. Ms. Hill was a Portfolio Manager from 1994 until 2003 and served as Vice President of the Fund's Adviser from 1997 until 2004 and an Assistant Vice President of the Fund's Adviser from 1994 until 1997. Ms. Hill has received the Chartered Financial Analyst designation and holds an M.S. in Industrial Administration from Carnegie Mellon University. |
Audrey H. Kaplan
Birth Date: February 20, 1967 | Vice President | Principal Occupations: Audrey H. Kaplan is a portfolio manager and Vice President. Prior to joining Federated, Ms. Kaplan was employed with Rochdale Investment Management LLC where she served as a Portfolio Manager for several portfolios including the Rochdale Investment Trust Atlas Portfolio and Senior Vice President in Quantitative Research from February 2004 to August 2007. Prior to joining Rochdale, Ms. Kaplan was a Hedge Fund Consultant at BlueCrest Capital Management from December 2002 to December 2003, Vice President and European Quantitative Strategist with Merrill Lynch International from August 2000 to December 2002, and Project Manager of Global Emerging Markets Research with Robert Fleming & Co., Ltd from February 1998 to December 1999. Ms. Kaplan has 24 years of experience in quantitative analysis, portfolio strategy and research. Ms. Kaplan earned her B.S. in Computer and Systems Engineering from Rensselear Polytechnic Institute and her Masters in Finance from London Business School. |
Matthew P. Kaufler
Birth Date: March 26, 1962 | Vice President | Principal Occupations: Matthew P. Kaufler is a portfolio manager and Vice President. Mr. Kaufler joined Federated in 2008. Prior to joining Federated, Mr. Kaufler was employed with Clover Capital Management, Inc. (“Clover”), where he co-managed Clover's all-cap value investment strategy. He joined Clover in 1991 and was a senior member of Clover's research team. Mr. Kaufler also worked in the trust investment division at Chase Manhattan Bank and in the brokerage industry prior to his employment with Clover. Mr. Kaufler has received the Chartered Financial Analyst designation. He received his B.S. in Business from the New York Institute of technology and his M.B.A. from the Rochester Institute of Technology. Mr. Kaufler is the recipient of the Financial Executives Institute award for academic excellence. |
J. Andrew Kirschler
Birth Date: May 23, 1968 | Vice President | Principal Occupations: J. Andrew Kirschler is a portfolio manager and Vice President. ]Mr. Kirschler joined Federated in 1990 in the Internal Sales department. In 1994 he was an Assistant Trader, in 1996 a Trader and in 2003 a Senior Trader on the fixed income desk concentrating on government securities. Mr. Kirschler became a Senior Investment Analyst in 2013. In 2000 he was appointed Asst. Vice President and in 2003 appointed Vice President of a Federated advisory subsidiary. Mr. Kirschler received his M.B.A from the University of Pittsburgh. |
Jeff A. Kozemchak
Birth Date: January 15, 1960 | Vice President | Principal Occupations: Jeff A. Kozemchak is a portfolio manager and Vice President. Mr. Kozemchak joined Federated in 1987 and has been a Senior Portfolio Manager since 1996 and a Senior Vice President of the Fund's Adviser since 1999. He was a Portfolio Manager until 1996 and a Vice President of the Fund's Adviser from 1993 to 1998. Mr. Kozemchak has received the Chartered Financial Analyst designation and holds an M.S. in Industrial Administration from Carnegie Mellon University in 1987. |
Name
Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years and Previous Positions |
Daniel Mahr
Birth Date: April 9, 1981
125 High Street
Oliver Tower
21st Floor
Boston, MA 02110-2704 | Vice President | Principal Occupations: Daniel Mahr is a portfolio manager and Vice President. Mr. Mahr joined the MDT Advisers Investment Team in 2002. As Managing Director, Research, he is responsible for leading the Investment Team as it relates to the ongoing design, development and implementation of the Optimum Q Process. Mr. Mahr received his A.B., Computer Science from Harvard College and his S.M., Computer Science from Harvard University. |
Chris McGinley
Birth Date: July 28, 1978 | Vice President | Principal Occupations:Chris McGinleyis a portfolio manager and Vice President. Mr. McGinley joined Federated in 2004 as an associate research analyst in the international fixed-income department. He became an Assistant Vice President of the Fund's Adviser in 2005. Mr. McGinley worked in Senator Rick Santorum's office in 2001 and from 2002 to 2004 he served as Legislative Correspondent for Senator Santorum. Mr. McGinley earned his B.S. and received his M.P.I.A. from the University of Pittsburgh. |
Dana L. Meissner
Birth Date: November 12, 1968 | Vice President | Principal Occupations: Dana L. Meissner is a portfolio manager and Vice President. Mr. Meissner, a Vice President of a Federated advisory subsidiary, joined Federated in May 2000 as an investment analyst and became senior investment analyst and assistant vice president in 2003. Mr. Meissner has received the Chartered Financial Analyst designation and is a member of the CFA Society of Pittsburgh. He received his MSIA from Carnegie Mellon University and M.S. and B.S. in Engineering from the University of Toledo. |
Ian L. Miller
Birth Date: August 31, 1972 | Vice President | Principal Occupations: Ian L. Miller is a portfolio manager and Vice President. Mr. Miller joined Federated in January 2006 as a Quantitative Analyst. Mr. Miller earned a B.S. in Molecular Biology from Clarion University and an M.S. in Biotechnology from The Johns Hopkins University. |
John L. Nichol
Birth Date: May 21, 1963 | Vice President | Principal Occupations: John L. Nichol is a portfolio manager and Vice President. Mr. Nichol joined Federated in September 2000 as an Assistant Vice President/Senior Investment Analyst. He has been a Portfolio Manager since December 2000 and was named a Vice President of the Fund's Adviser in January 2004. Mr. Nichol served as a portfolio manager and analyst for the Public Employees Retirement System of Ohio from 1992 through August 2000. Mr. Nichol has received the Chartered Financial Analyst designation. He received his M.B.A. with an emphasis in Finance and Management and Information Science from the Ohio State University. |
Douglas C. Noland
Birth Date: December 2, 1962 | Vice President | Principal Occupations: Douglas C. Noland is a portfolio manager and Vice President. Mr. Noland joined Federated in December 2008 and was named a Senior Vice President of the Fund's Adviser in December 2008. Prior to joining Federated, Mr. Noland was employed with David Tice & Associates, Inc. where he served as an Assistant Portfolio Manager and strategist of Prudent Bear Fund and Prudent Global Income Fund from January 1999. From 1990 through 1998, Mr. Noland worked as a trader, portfolio manager and analyst for short-biased hedge funds including G.W. Ringoen & Associates from January 1990 to September 1996, Fleckenstein Capital from September 1996 to March 1997 and East Shore Partners, Inc. from October 1997 to December 1998. Mr. Noland earned a B.S. in Accounting and Finance from the University of Oregon and a M.B.A. from Indiana University. |
Mary Jo Ochson
Birth Date: September 12, 1953 | Chief Investment Officer,
Vice President | Principal Occupations:Mary Jo Ochson is a portfolio manager and Vice President. Ms. Ochson was named Chief Investment Officer of tax-exempt fixed-income products in 2004 and Chief Investment Officer of Tax-Free Money Markets in 2010. She joined Federated in 1982 and has been a Senior Portfolio Manager since 1996. Ms. Ochson has received the Chartered Financial Analyst designation and holds an M.B.A. in Finance from the University of Pittsburgh. |
Liam O'Connell
Birth Date: October 17, 1976 | Vice President | Principal Occupations: Liam O'Connell is a portfolio manager and Vice President. Mr. O'Connell joined Federated in September 2003 as an Investment Analyst of the Fund's Adviser. He was named an Assistant Vice President of the Adviser in January 2005 and in 2013 was named Vice President of the Adviser. From 2001 to 2003, Mr. O'Connell attended MIT's Sloan School of Management, receiving his M.B.A. Mr. O'Connell served as an engineer with the Naval Surface Warfare Center from 1998 to 2001. Mr. O'Connell also holds a B.S. in Naval Architecture and Marine Engineering from the Webb Institute of Naval Architecture and an M.S. from the Johns Hopkins University. |
Name
Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years and Previous Positions |
Philip Orlando
Birth Date: June 22, 1958
450 Lexington Avenue
Suite 3700
New York, NY 10017-3943 | Vice President | Principal Occupations: Philip Orlando is a portfolio manager and Vice President and is responsible for the asset allocation and equity security selection of the Fund. Mr. Orlando joined the Fund's Adviser in March 2003 as a Senior Vice President and Senior Portfolio Manager and currently serves as Chief Equity Market Strategist. From November 1995 to March 2003, Mr. Orlando was the Chief Investment Officer and Senior Equity Portfolio Manager at Value Line Asset Management. Mr. Orlando has received the Chartered Financial Analyst designation and earned his B.A. in Journalism and M.B.A. with a concentration in Economics from New York University. |
Robert J. Ostrowski
Birth Date: April 26, 1963 | Chief Investment Officer | Principal Occupations: Robert J. Ostrowski joined Federated in 1987 as an Investment Analyst and became a Portfolio Manager in 1990. He was named Chief Investment Officer of taxable fixed-income products in 2004 and also serves as a Senior Portfolio Manager. Mr. Ostrowski became an Executive Vice President of the Fund's Adviser/Sub-Adviser in 2009 and served as a Senior Vice President of the Fund's Adviser/Sub-Adviser from 1997 to 2009. Mr. Ostrowski has received the Chartered Financial Analyst designation. He received his M.S. in Industrial Administration from Carnegie Mellon University. |
Ihab Salib
Birth Date: December 14, 1964 | Vice President | Principal Occupations: Ihab Salib is a portfolio manager and Vice President. Mr. Salib joined Federated in April 1999 as a Senior Fixed-Income Trader/Assistant Vice President of the Fund's Adviser. In July 2000, he was named a Vice President of the Fund's Adviser and in January 2007 he was named a Senior Vice President of the Fund's Adviser. He has served as a Portfolio Manager since January 2002. From January 1994 through March 1999, Mr. Salib was employed as a Senior Global Fixed-Income Analyst with UBS Brinson, Inc. Mr. Salib received his B.A. with a major in Economics from Stony Brook University. |
John F. Sherman
Birth Date: August 28, 1967
125 High Street
Oliver Tower
21st Floor
Boston, MA 02110-2704 | Vice President | Principal Occupations: John Sherman is a portfolio manager and Vice President. Mr. Sherman joined MDT Advisers Investment Team in 2000. He is Vice President of the Trust with respect to the Fund. Mr. Sherman is a member of the CFA Institute and the Boston Security Analysts Society. He received a B.S.B.A. from North Adams State College and an M.B.A. from Boston University Graduate School of Management. |
Michael W. Sirianni, Jr.
Birth Date: April 29, 1965 | Vice President | Principal Occupations:Michael W. Sirianni Jr. is a portfolio manager and Vice President. Mr. Sirianni joined Federated in 1988 and has been a Senior Portfolio Manager since September 2007 and Vice President of the Fund's Adviser since January 1999. Mr. Sirianni received his B.A. from Pennsylvania State University and M.B.A. from the University of Pittsburgh. |
Christopher Smith
Birth Date: August 25, 1954 | Vice President | Principal Occupations:Christopher Smithis a portfolio manager and Vice President.. Mr. Smith joined Federated in 1995 and has been a Senior Portfolio Manager since 2006 and Senior Vice President of the Fund's Adviser since 2011. He was a Vice President of the Fund's Adviser from 1997 to 2011. He was an Assistant Vice President of Provident Life & Accident Insurance Company from 1987 through 1994. Mr. Smith has received the Chartered Financial Analyst designation. He received his M.A. in Economics and Finance from the University of Kentucky. |
Hans P. Utsch
Birth Date: July 3, 1936
140 East 45th Street
New York, NY 10017 | Vice President | Principal Occupations: Hans P. Utsch is a portfolio manager and Vice President. Mr. Utsch joined Federated in April 2001 as Co-Head of Investments/Federated Kaufmann. From August 1984 to April 2001, Mr. Utsch was Chairman of the Board and Secretary of Edgemont Asset Management Corp., and President and Portfolio Manager to The Kaufmann Fund, Inc. (predecessor to the Federated Kaufmann Fund). Mr. Utsch graduated from Amherst College and holds an M.B.A. from Columbia University. He has been engaged in the securities business since 1962. |
Leonardo A. Vila
Birth Date: March 21, 1961
450 Lexington Avenue
Suite 3700
New York, NY 10017-3943 | Vice President | Principal Occupations: Leonardo A. Vila is a portfolio manager and Vice President. Mr. Vila joined Federated in 1995 as a Quantitative Analyst and currently serves as Senior Vice President and Senior Portfolio Manager of the Fund's Adviser. Previously, Mr. Vila was an Equity Research Manager with the American Stock Exchange from 1994 to 1995. Mr. Vila earned his M.B.A. from St. John's University. |
Steven J. Wagner
Birth Date: July 23, 1967 | Vice President | Principal Occupations:Steven J. Wagner is a portfolio manager and Vice President. Mr. Wagner joined Federated in 1997 as an analyst in the high yield area and has been Senior Investment Analyst and Vice President of the Fund's Adviser since 2003. Mr. Wagner received his B.S. from Boston College and his M.B.A. in Finance from the University of Pittsburgh. |
Name
Date of Birth | Position(s) Held with Registrants | Principal Occupations for Past Five Years and Previous Positions |
Mark Weiss
Birth Date: January 8, 1972 | Vice President | Principal Occupations:Mark Weissis a portfolio manager and Vice President. Mr. Weiss joined Federated in 1994 and has been a Vice President of the Fund's Adviser and a Senior Investment Analyst since January 2007. He is responsible for portfolio management and investment research in the fixed-income area concentrating on taxable money market instruments. Mr. Weiss has received the Chartered Financial Analyst designation and holds a B.A. and M.B.A. in Finance from the University of Pittsburgh. |
Paige M. Wilhelm
Birth Date: May 28, 1962 | Vice President | Principal Occupations: Paige M. Wilhelm is a portfolio manager and Vice President. Ms. Wilhelm joined Federated in 1985 and has been a Sr. Vice President of the Fund's Adviser since January 2006 and a Senior Portfolio Manager since January 2004. She is responsible for portfolio management and research in the fixed-income area concentrating on taxable money market instruments. Previous associations include Senior Credit Analyst, Federated Investors; Performance Analysis Supervisor; Performance Analyst, Federated Investment Counseling. Ms. Wilhelm is a member of the CFA Society of Pittsburgh and received her B.S. from Indiana University and her M.B.A. from Duquesne University. |
Directors and Officers - Appointment and Effective Dates of Service
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
CASH TRUST SERIES, INC. | Donahue, John F. | 5/16/89 | Vice Chairman: | Fisher, Richard B. | 8/23/02 |
Federated Government Cash Series | Donahue, J. Christopher | 5/16/89 | President: | Donahue, J. Christopher | 8/23/02 |
Federated Municipal Cash Series | Lally-Green, Maureen | 8/1/09 | Chief Investment Officers: | Cunningham, Deborah A.
(all funds) | 5/14/04 |
Federated Prime Cash Series | Madden, Peter E. | 8/21/91 | | Ochson, Mary Jo
(MCS) | 6/1/12 |
Federated Treasury Cash Series | Mansfield, Charles F. Jr. | 1/1/99 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| O'Neill, Thomas M. | 10/1/06 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Walsh, John S. | 1/1/99 | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| | | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| | | Vice Presidents: | Hill, Susan (GCS, TCS) | 6/1/12 |
| | | | Ochson, [Mary Jo
(MCS) | 11/19/98 |
| | | | Weiss, Mark (PCS) | 8/16/13 |
| | | | Wilhelm, Paige (PCS) | 6/1/12 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 5/19/89 |
| | | | | |
CASH TRUST SERIES II | Donahue, John F. | 11/14/90 | Vice Chairman: | Fisher, Richard B. | 8/23/02 |
Federated Treasury Cash Series II | Donahue, J. Christopher | 11/14/90 | President: | Donahue, J. Christopher | 8/23/02 |
| Lally-Green, Maureen | 8/1/09 | Chief Investment Officer: | Cunningham, Deborah A. | 5/14/04 |
| Madden, Peter E. | 8/21/91 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Mansfield, Charles F. Jr. | 6/28/99 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| O'Neill, Thomas M. | 10/1/06 | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| Walsh, John S. | 6/28/99 | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| | | Vice Presidents: | Cunningham, Deborah A. | 2/11/10 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
| | | | Hill, Susan R. | 8/13/09 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 11/15/90 |
| | | | | |
EDWARD JONES MONEY MARKET FUND | Donahue, John F. | 1/9/80 | Vice Chairman: | Fisher, Richard B. | 8/23/02 |
| Donahue, J. Christopher | 11/17/98 | President: | Donahue, J. Christopher | 8/23/02 |
| Lally-Green, Maureen | 8/1/09 | Chief Investment Officer: | Cunningham, Deborah A. | 5/14/04 |
| Madden, Peter E. | 8/21/91 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Mansfield, Charles F. Jr. | 11/17/98 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| O'Neill, Thomas M. | 10/1/06 | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| Walsh, John S. | 11/17/98 | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| | | Vice President: | Hill, Susan R. | 11/19/98 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 1/10/80 |
| | | | | |
FEDERATED ADJUSTABLE RATE SECURITIES FUND | Donahue, John F. | | President: | Donahue, J. Christopher | 8/15/00 |
| Donahue, J. Christopher | | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| O'Neill, Thomas M. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| Walsh, John S. | | Vice Presidents: | Abraham, Todd A. | 11/19/98 |
| | | | Fisher, Richard B. | 5/23/85 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 5/23/85 |
| | | | | |
FEDERATED CORE TRUST | Donahue, John F. | | President: | Fisher, John B. | 11/13/04 |
Federated Bank Loan Core Fund | Donahue, J. Christopher | | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
Federated Inflation-Protected Securities Core Fund | Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
Federated Mortgage Core Portfolio | Madden, Peter E. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
High Yield Bond Portfolio | Mansfield, Charles F. Jr. | | Exec. Vice President: | McGonigle, John W. | 11/20/97 |
| O'Neill, Thomas M. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| Walsh, John S. | | Vice Presidents: | Abraham, Todd A.
(MBCORE) | 5/16/03 |
| | | | Delserone, Anthony
(BLCORE) | 6/1/12 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
| | | | Durbiano, Mark E.
(BLCORE, HYCORE) | 11/19/98 |
| | | | Ellenberger, Donald
(IPCORE) | 6/1/12 |
| | | | Fisher, Richard B. | 11/20/97 |
| | | | Kirschler, Andrew (IPCORE) | 8/16/13 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 11/20/97 |
| | | | | |
FEDERATED CORE TRUST II, L.P. | Donahue, John F. | | Vice Chairman: | Fisher, Richard B. | 8/23/02 |
Emerging Markets Fixed Income Core Fund | Donahue, J. Christopher | | President: | Donahue, J. Christopher | 11/14/00 |
| Lally-Green, Maureen | 8/1/09 | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
| Madden, Peter E. | | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Mansfield, Charles F. Jr. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| O'Neill, Thomas M. | | Exec. Vice President: | McGonigle, John W. | 2/12/01 |
| Walsh, John S. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| | | Vice Presidents: | Salib, Ihab L. | 5/19/06 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 11/14/00 |
| | | | | |
FEDERATED CORE TRUST III | Collins, John T. | 9/1/13 | Vice Chairman: | Fisher, Richard B. | 2/13/08 |
Federated Project and Trade Finance Core Fund | Donahue, John F. | | President: | Donahue, J. Christopher | 2/13/08 |
| Donahue, J. Christopher | | Chief Investment Officer: | Ostrowski, Robert J. | 2/13/08 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 2/13/08 |
| Madden, Peter E. | | Chief Compliance Officer: | Bouda, Brian P. | 2/13/08 |
| Mansfield, Charles F. Jr. | | Exec. Vice President: | McGonigle, John W. | 2/13/08 |
| O'Neill, Thomas M. | | Sr. Vice President: | Bouda, Brian P. | 2/13/08 |
| Richey, P. Jerome | 9/1/13 | Vice Presidents: | McGinley, Chris | 6/1/12 |
| Walsh, John S. | | | Ostrowski, Robert J. | 2/13/08 |
| | | | Salib, Ihab | 6/1/12 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 2/13/08 |
| | | | | |
FEDERATED EQUITY FUNDS | Donahue, John F. | | President: | Donahue, J. Christopher | 8/15/00 |
Federated Absolute Return Fund | Donahue, J. Christopher | | Chief Investment Officer: | Auth, Stephen F. | 11/14/02 |
Federated Clover Small Value Fund | Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
Federated Clover Value Fund | Madden, Peter E. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
Federated Global Equity Fund | Mansfield, Charles F. Jr. | | Exec. Vice President: | McGonigle, John W. | 7/1/95 |
Federated InterContinental Fund | O'Neill, Thomas M. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
Federated International Strategic Value Dividend Fund | Walsh, John S. | | Vice Presidents: | Fisher, Richard B. | 4/17/87 |
Federated Kaufmann Fund | | | | Auriana, Lawrence
(FKAUF, FKLCF, FKSCF) | 11/15/01 |
Federated Kaufmann Large Cap Fund | | | | Bean, Walter C.
(FISVF, FSVF) | 11/16/06 |
Federated Kaufmann Small Cap Fund | | | | Gutch, Stephen
(FCSVF, FCVF) | 2/17/11 |
Federated MDT Mid Cap Growth Strategies Fund | | | | Kaplan, Audrey
(FGLEF, FICF) | 2/17/11 |
Federated Prudent Bear Fund | | | | Mahr, Daniel
(FMMGSF) | 1/18/13 |
Federated Strategic Value Dividend Fund | | | | Meisser, Dana
(FARSF) | 8/16/13 |
| | | | Orlando, Philip
(FMRF) | 8/16/13 |
| | | | Utsch, Hans P.
(FKAUF, FKLCF, FKSCF) | 11/15/01 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 4/17/84 |
| | | | | |
FEDERATED EQUITY INCOME FUND, INC. | Donahue, John F. | | Vice Chairman: | Fisher, Richard B. | 8/23/02 |
| Donahue, J. Christopher | | President: | Donahue, J. Christopher | 8/23/02 |
| Lally-Green, Maureen | 8/1/09 | Chief Investment Officer: | Auth, Stephen F. | 11/14/02 |
| Madden, Peter E. | | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Mansfield, Charles F. Jr. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| O'Neill, Thomas M. | | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| Walsh, John S. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| | | Vice President: | Nichol, John L. | 5/14/04 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 6/30/86 |
| | | | | |
FEDERATED FIXED INCOME SECURITIES, INC. | Donahue, John F. | | Vice Chairman: | Fisher, Richard B. | 8/23/02 |
Federated Municipal Ultrashort Fund | Donahue, J. Christopher | | President: | Donahue, J. Christopher | 8/23/02 |
Federated Strategic Income Fund | Lally-Green, Maureen | 8/1/09 | Chief Investment Officers: | Cunningham, Deborah A.
(FMUSF) | 6/1/12 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
| Madden, Peter E. | | | Ochson, Mary Jo
(FMUSF) | 5/14/04 |
| Mansfield, Charles F. Jr. | | | Ostrowski, Robert J. (SIF) | 5/14/04 |
| O'Neill, Thomas M. | | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Walsh, John S. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| | | Exec. Vice President: | McGonigle, John W. | 7/14/95 |
| | | Sr Vice President: | Bouda, Brian P. | 1/1/06 |
| | | Vice Presidents: | Kozemchak, Jeffrey A.
(FMUSF) | 11/19/98 |
| | | | Durbiano, Mark (SIF) | 5/17/13 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 11/4/91 |
| | | | | |
FEDERATED GNMA TRUST | Donahue, John F. | | President: | Donahue, J. Christopher | 8/15/00 |
| Donahue, J. Christopher | | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | | Exec. Vice President: | McGonigle, John W. | 6/11/95 |
| O'Neill, Thomas M. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| Walsh, John S. | | Vice Presidents: | Abraham, Todd A. | 11/16/99 |
| | | | Fisher, Richard B. | 12/11/81 |
| | | | O'Connell, Liam | 6/1/12 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 12/11/81 |
| | | | | |
FEDERATED GLOBAL ALLOCATION FUND | Donahue, John F. | | President: | Donahue, J. Christopher | 8/23/02 |
| Donahue, J. Christopher | | Chief Investment Officer: | Auth, Stephen F. | 11/21/02 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| O'Neill, Thomas M. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| Walsh, John S. | | Vice Presidents: | Fisher, Richard B. | 5/24/76 |
| | | | Orlando, Philip | 6/1/12 |
| | | Treasurer: | Hensler, Lori A. | 2/14/13 |
| | | Secretary: | McGonigle, John W. | 9/30/69 |
| | | | | |
FEDERATED GOVERNMENT INCOME SECURITIES, INC. | Donahue, John F. | | Vice Chairman: | Fisher, Richard B. | 8/23/02 |
| Donahue, J. Christopher | | President: | Donahue, J. Christopher | 8/23/02 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
| Lally-Green, Maureen | 8/1/09 | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
| Madden, Peter E. | | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Mansfield, Charles F. Jr. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| O'Neill, Thomas M. | | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| Walsh, John S. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| | | Vice President: | Abraham, Todd A. | 8/19/05 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 11/19/98 |
| | | | | |
FEDERATED HIGH INCOME BOND FUND, INC. | Donahue, John F. | 9/16/75 | Vice Chairman: | Fisher, Richard B. | 8/23/02 |
| Donahue, J. Christopher | 7/15/87 | President: | Donahue, J. Christopher | 8/23/02 |
| Lally-Green, Maureen | 8/1/09 | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
| Madden, Peter E. | 8/21/91 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Mansfield, Charles F. Jr. | 1/1/99 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| O'Neill, Thomas M. | 10/1/06 | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| Walsh, John S. | 1/1/99 | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| | | Vice President: | Durbiano, Mark E. | 11/19/98 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 9/16/75 |
| | | | | |
FEDERATED HIGH YIELD TRUST | Donahue, John F. | 4/17/84 | President: | Donahue, J. Christopher | 8/15/00 |
| Donahue, J. Christopher | 3/23/99 | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | 8/21/91 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | 3/23/99 | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| O'Neill, Thomas M. | 10/1/06 | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| Walsh, John S. | 3/23/99 | Vice Presidents: | Fisher, Richard B. | 4/17/84 |
| | | | Durbiano, Mark E. | 11/19/98 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 4/17/84 |
| | | | | |
FEDERATED INCOME SECURITIES TRUST | Donahue, John F. | 1/24/86 | President: | Donahue, J. Christopher | 8/14/00 |
Federated Capital Income Fund | Donahue, J. Christopher | 1/1/00 | Chief Investment Officer: | Auth, Stephen F.
(FCIF, FMSAF, FPDBF) | 5/14/04 |
Federated Floating Rate Strategic Income Fund | Lally-Green, Maureen | 8/1/09 | | Ostrowski, Robert J.
(All Funds) | 5/14/04 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
Federated Fund for U.S. Government Securities | Madden, Peter E. | 11/13/91 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
Federated Intermediate Corporate Bond Fund | Mansfield, Charles F. Jr. | 1/1/00 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
Federated Muni and Stock Advantage Fund | O'Neill, Thomas M. | 10/1/06 | Exec. Vice President: | McGonigle, John W. | 7/1/95 |
Federated Prudent DollarBear Fund | Walsh, John S. | 1/1/00 | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
Federated Real Return Bond Fund | | | Vice Presidents: | Abraham, Todd
(FUSG) | 6/1/12 |
Federated Short-Term Income Fund | | | | Bauer, Randall S. (FSTIF) | 11/19/98 |
Federated Unconstrained Bond Fund | | | | Dingle, Bryan
(FICBF) | 5/17/13 |
| | | | Durbiano, Mark
(FRSIF) | 6/1/12 |
| | | | Fisher, Richard B. | 1/29/86 |
| | | | Gallo, R.J.
(FMSAF) | 6/1/12 |
| | | | Kirschler, Andrew (FRRBF) | 8/16/13 |
| | | | Nichol, John L.
(FCIF, FMSAF) | 5/14/04 |
| | | | Noland, Douglas
(FPDBF) | 6/1/12 |
| | | | Salib, Ihab
(FPDBF, FUNBF) | 6/1/12 |
| | | | Smith, Christopher
(FUNBF) | 5/17/13 |
| | | | Wagner, Steven J.
(FRSIF) | 6/1/12 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 1/29/86 |
| | | | | |
FEDERATED INCOME TRUST | Donahue, John F. | | President: | Donahue, J. Christopher | 8/15/00 |
| Donahue, J. Christopher | | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| O'Neill, Thomas M. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| Walsh, John S. | | Vice Presidents: | Fisher, Richard B. | 11/18/81 |
| | | | Abraham, Todd A. | 5/16/03 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 11/18/81 |
| | | | | |
FEDERATED INDEX TRUST | Donahue, John F. | | President: | Donahue, J. Christopher | 8/15/00 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
Federated Max-Cap Index Fund | Donahue, J. Christopher | | Chief Investment Officer: | Auth, Stephen F. | 11/14/02 |
Federated Mid-Cap Index Fund | Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| O'Neill, Thomas M. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| Walsh, John S. | | Vice Presidents: | Fisher, Richard B. | 2/1/90 |
| | | | Miller, Ian | 11/15/12 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 2/1/90 |
| | | | | |
FEDERATED INSTITUTIONAL TRUST | Donahue, John F. | | President: | Donahue, J. Christopher | 8/15/00 |
Federated Government Ultrashort Duration Fund | Donahue, J. Christopher | | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
Federated Institutional High Yield Bond Fund | Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
Federated Intermediate Government/Corporate Fund | Madden, Peter E. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | | Exec. Vice President: | McGonigle, John W. | 6/9/94 |
| O'Neill, Thomas M. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| Walsh, John S. | | Vice Presidents: | Durbiano, Mark E.
(FIHYBF) | 11/14/02 |
| | | | Ellenberger, Donald
(FGUSF) | 6/1/12 |
| | | | Fisher, Richard B. | 11/19/98 |
| | | | Hill, Susan R.
(FGUSF) | 11/19/98 |
| | | | O'Connell, Liam
(FGUSF) | 6/1/12 |
| | | | Smith, Christopher
(FIGCF) | 6/1/12 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 8/24/01 |
| | | | | |
FEDERATED INSURANCE SERIES | Donahue, John F. | 10/1/93 | President: | Fisher, John B. | 11/18/04 |
Federated Fund for U.S. Government Securities II | Donahue, J. Christopher | 10/1/93 | Chief Investment Officers: | Auth, Stephen A. | 11/14/02 |
Federated High Income Bond Fund II | Lally-Green, Maureen | 8/1/09 | | Cunningham, Deborah A. | 6/1/12 |
Federated Kaufmann Fund II | Madden, Peter E. | 10/1/93 | | Ostrowski, Robert J. | 5/14/04 |
Federated Managed Tail Risk Fund II | Mansfield, Charles F. Jr. | 11/15/99 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
Federated Managed Volatility Fund II | O'Neill, Thomas M. | 10/1/06 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
Federated Prime Money Fund II | Walsh, John S. | 1/1/99 | Exec. Vice President: | McGonigle, John W. | 9/15/93 |
Federated Quality Bond Fund II | | | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| | | Vice President: | Fisher, Richard B. | 9/15/93 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 9/15/93 |
| | | | | |
FEDERATED INTERMEDIATE GOVERNMENT FUND,
INC. | Donahue, John F. | 4/1/91 | Vice Chairman: | Fisher, Richard B. | 8/23/02 |
| Donahue, J. Christopher | 9/10/99 | President: | Donahue, J. Christopher | 8/23/02 |
| Lally-Green, Maureen | 8/1/09 | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
| Madden, Peter E. | 10/1/91 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Mansfield, Charles F. Jr. | 9/10/99 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| O'Neill, Thomas M. | 10/1/06 | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| Walsh, John S. | 9/10/99 | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| | | Vice President: | O'Connell, Liam | 6/1/12 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 3/21/91 |
| | | | | |
FEDERATED INTERNATIONAL SERIES, INC. | Donahue, John F. | | President: | Donahue, J. Christopher | 8/15/00 |
Federated International Bond Fund | Donahue, J. Christopher | | Chief Investment Officers: | Ostrowski, Robert J. | 5/14/04 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| O'Neill, Thomas M. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| Walsh, John S. | | Vice Presidents: | Fisher, Richard B. | 3/9/84 |
| | | | Salib, Ihab L. | 5/19/06 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 3/9/84 |
| | | | | |
FEDERATED INVESTMENT SERIES FUNDS, INC. | Donahue, John F. | | President: | Donahue, J. Christopher | 5/20/92 |
Federated Bond Fund | Donahue, J. Christopher | | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
| Mansfield, Charles F. Jr. | | Exec. Vice President: | McGonigle, John W. | 7/1/95 |
| O'Neill, Thomas M. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| Walsh, John S. | | Vice Presidents: | Fisher, Richard B. | 5/20/92 |
| | | | Ruffner, Brian | 5/17/13 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13 |
| | | Secretary: | McGonigle, John W. | 5/20/92 |
| | | | | |
FEDERATED MDT SERIES | Donahue, John F. | 6/2/06 | President: | Donahue, J. Christopher | 5/18/06 |
Federated MDT All Cap Core Fund | Donahue, J. Christopher | 6/2/06 | Chief Investment Officers: | Auth, Stephen F.
(All Funds) | 6/1/12 |
Federated MDT Balanced Fund | Lally-Green, Maureen | 8/1/09 | | Ostrowski, Robert J.
(FMBF) | 6/1/12 |
Federated MDT Large Cap Growth Fund | Madden, Peter E. | 6/2/06 | Chief Legal Officer: | Germain, Peter J. | 6/7/06 |
Federated MDT Small Cap Core Fund | Mansfield, Charles F. Jr. | 6/2/06 | Chief Compliance Officer: | Bouda, Brian P. | 6/7/06 |
| O'Neill, Thomas M. | 10/1/06 | Sr. Vice President: | Bouda, Brian P. | 6/7/06 |
Federated MDT Small Cap Growth Fund | Walsh, John S. | 6/2/06 | Vice Presidents: | Mahr, Daniel
(FMACC, FMLCG, FMSCC, FMSCG) | 6/1/12 |
| | | | Sherman, John
(FMBF) | 6/1/12 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 5/24/06 |
| | | | | |
FEDERATED MDT STOCK TRUST | Donahue, John F. | 12/30/81 | President: | Donahue, J. Christopher | 8/15/00 |
| Donahue, J. Christopher | 11/17/99 | Chief Investment Officer: | Auth, Stephen F. | 11/14/02 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | 11/13/91 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | 11/17/99 | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| | | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| O'Neill, Thomas M. | 10/1/06 | Vice Presidents: | Fisher, Richard B. | 1/8/82 |
| Walsh, John S. | 11/17/99 | | Mahr, Daniel | 6/1/12 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 1/8/82 |
| | | | | |
FEDERATED MANAGED POOL SERIES | Donahue, John F. | | Vice Chairman: | Fisher, Richard B. | 10/6/05 |
Federated Corporate Bond Strategy Portfolio | Donahue, J. Christopher | | President: | Donahue, J. Christopher | 10/6/05 |
Federated High-Yield Strategy Portfolio | Lally-Green, Maureen | 8/1/09 | Chief Compliance Officer: | Bouda, Brian P. | 10/6/05 |
Federated International Bond Strategy Portfolio | Madden, Peter E. | | Chief Investment Officer: | Ostrowski, Robert J. | 9/5/06 |
Federated Mortgage Strategy Portfolio | Mansfield, Charles F. Jr. | | Chief Legal Officer: | Germain, Peter J. | 10/6/05 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
| O'Neill, Thomas M. | | Executive Vice President: | McGonigle, John W. | 10/6/05 |
| Walsh, John S. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| | | Vice Presidents: | Abraham, Todd
(FMSP) | 6/1/12 |
| | | �� | Conner, Jerome
(FCP) | 6/1/12 |
| | | | Durbiano, Mark
(FHYSP) | 6/1/12 |
| | | | Salib, Ihab
(FIBSP) | 6/1/12 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | |
| | | Secretary: | McGonigle, John W. | |
| | | | | |
FEDERATED MUNICIPAL SECURITIES FUND, INC | Donahue, John F. | 9/10/76 | President: | Donahue, J. Christopher | 6/1/95 |
| Donahue, J. Christopher | 12/9/86 | Chief Investment Officer: | Ostrowski, Robert J. | 2/11/10 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | 8/21/91 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | 6/30/99 | Exec. Vice President: | McGonigle, John W. | 9/10/76 |
| O'Neill, Thomas M. | 10/1/06 | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| Walsh, John S. | 1/1/99 | Vice Presidents: | Fisher, Richard B. | 1/29/85 |
| | | | Albrecht, J. Scott | 5/14/04 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 9/10/76 |
| | | | | |
FEDERATED MUNICIPAL SECURITIES INCOME TRUST | Donahue, John F. | 8/6/90 | Vice Chairman: | Fisher, Richard B. | 8/23/02 |
Federated Michigan Intermediate Municipal Trust | Donahue, J. Christopher | 8/6/90 | President: | Donahue, J. Christopher | 8/23/02 |
Federated Municipal High Yield Advantage Fund | Lally-Green, Maureen | 8/1/09 | Chief Investment Officer: | Ostrowski, Robert J. | 2/11/10 |
Federated New York Municipal Income Fund | Madden, Peter E. | 8/21/91 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
Federated Ohio Municipal Income Fund | Mansfield, Charles F. Jr. | 1/1/99 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
Federated Pennsylvania Municipal Income Fund | O'Neill, Thomas M. | 10/1/06 | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| Walsh, John S. | 6/25/99 | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| | | Vice Presidents: | Albrecht, J. Scott
(NYMIF, OHMIF, PAMIF) | 11/16/99 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
| | | | Cunningham, Lee
(MIIMT, FMHYAF) | 6/1/12 |
| | | | Gallo, R.J.
(FMHYAF) | 6/1/12 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 8/6/90 |
| | | | | |
FEDERATED SHORT- INTERMEDIATE DURATION MUNICIPAL TRUST | Collins, John T. | 9/1/13 | President: | Fisher, John B. | 11/18/04 |
| Donahue, John F. | 5/8/81 | Chief Investment Officers: | Cunningham, Deborah A. | 8/12/11 |
| Donahue, J. Christopher | 10/1/99 | | Ochson, Mary Jo | 5/14/04 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | 11/13/91 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | 3/23/99 | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| O'Neill, Thomas M. | 10/1/06 | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| Richey, P. Jerome | 9/1/13 | Vice Presidents: | Fisher, Richard B. | 5/11/81 |
| Walsh, John S. | 3/23/99 | | Kozemchak, Jeffrey A. | 11/19/98 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 5/11/81 |
| | | | | |
FEDERATED TOTAL RETURN GOVERNMENT BOND FUND | Donahue, John F. | 7/19/95 | President: | Donahue, J. Christopher | 6/16/95 |
| Donahue, J. Christopher | 6/21/99 | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | 7/19/95 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | 1/1/99 | Exec. Vice President: | McGonigle, John W. | 6/16/95 |
| O'Neill, Thomas M. | 10/1/06 | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| Walsh, John S. | 1/1/99 | Vice Presidents: | Abraham, Todd A. | 8/19/05 |
| | | | Fisher, Richard B. | 6/16/95 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 6/16/95 |
| | | | | |
FEDERATED TOTAL RETURN SERIES, INC. | Donahue, John F. | 10/12/93 | President: | Donahue, J. Christopher | 8/15/00 |
Federated Mortgage Fund | Donahue, J. Christopher | 3/23/95 | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
Federated Total Return Bond Fund | Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
Federated Ultrashort Bond Fund | Madden, Peter E. | 10/12/93 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
| Mansfield, Charles F. Jr. | 3/23/99 | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| O'Neill, Thomas M. | 10/1/06 | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| Walsh, John S. | 3/23/99 | Vice Presidents: | Abraham, Todd
(FMF) | 6/1/12 |
| | | | Bauer, Randall
(FUSBF) | 6/1/12 |
| | | | Ellenberger, Donald
(FTRBF) | 5/17/13 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 11/18/93 |
| | | | | |
FEDERATED U.S.
GOVERNMENT
SECURITIES
FUND:
1-3 YEARS | Donahue, John F. | | President: | Donahue, J. Christopher | 8/15/00 |
| Donahue, J. Christopher | | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
| Lally-Green, Maureen | 8/1/09 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Madden, Peter E. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Mansfield, Charles F. Jr. | | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| O'Neill, Thomas M. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| Walsh, John S. | | Vice Presidents: | Ellenberger, Donald T. | 8/19/05 |
| | | | Fisher, Richard B. | 2/2/84 |
| | | | Kirschler, Andrew | 8/16/13 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 11/19/98 |
| | | | | |
FEDERATED U.S.
GOVERNMENT
SECURITIES
FUND:
2-5 YEARS | Donahue, John F. | | President: | Donahue, J. Christopher | 8/15/00 |
| Madden, Peter E. | | Chief Investment Officer: | Ostrowski, Robert J. | 5/14/04 |
| Mansfield, Charles F. Jr. | | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| O'Neill, Thomas M. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Richey, P. Jerome | 9/1/13 | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| Walsh, John S. | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| | | Vice Presidents: | Ellenberger, Donald T. | 8/19/05 |
| | | | Fisher, Richard B. | 12/11/81 |
| | | | Kirschler, Andrew | 8/16/13 |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 2/11/81 |
| | | | | |
FEDERATED WORLD INVESTMENT SERIES, INC. | Donahue, John F. | | Vice Chairman: | Fisher, Richard B. | 8/12/02 |
REGISTRANT/FUNDS | DIRECTOR INFORMATION: | | OFFICER INFORMATION: | | |
| Trustees / Directors | Date Effective | Title | Name | Date Effective |
Federated Emerging Market Debt Fund | Donahue, J. Christopher | | President: | Donahue, J. Christopher | 8/12/02 |
Federated International Leaders Fund | Lally-Green, Maureen | 8/1/09 | Chief Investment Officers: | Auth, Stephen F.
(FILF, FISCF) | 11/14/02 |
Federated International Small Mid Company Fund | Madden, Peter E. | | | Ostrowski, Robert J.
(FEMDF) | 5/14/04 |
| Mansfield, Charles F. Jr. | | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| O'Neill, Thomas M. | | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Walsh, John S. | | Exec. Vice President: | McGonigle, John W. | 7/14/95 |
| | | Sr. Vice President: | Bouda, Brian P. | 1/1/06 |
| | | Vice Presidents: | Halperin, Marc
(FILF) | 6/1/12 |
| | | | Salib, Ihab
(FEMDF) | 8/16/13 |
| | | | Vila, Leonardo
(FISCF) | |
| | | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 1/26/94 |
| | | | | |
INTERMEDIATE MUNICIPAL TRUST | Collins, John T. | 9/1/13 | President: | Donahue, J. Christopher | 8/15/00 |
Federated Intermediate Municipal Trust | Donahue, John F. | 5/31/85 | Chief Investment Officer: | Ostrowski, Robert J. | 2/11/10 |
| Donahue, J. Christopher | 10/1/99 | Chief Legal Officer: | Germain, Peter J. | 1/1/05 |
| Lally-Green, Maureen | 8/1/09 | Chief Compliance Officer: | Bouda, Brian P. | 8/20/04 |
| Madden, Peter E. | 11/13/91 | Exec. Vice President: | McGonigle, John W. | 6/1/95 |
| Mansfield, Charles F. Jr. | 3/23/99 | Sr. Vice President: | Bouda, Brian P. | 12/16/05 |
| O'Neill, Thomas M. | 10/1/06 | Vice Presidents: | Fisher, Richard B. | 5/31/85 |
| Richey, P. Jerome | 9/1/13 | | Albrecht, J. Scott | 11/19/98 |
| Walsh, John S. | 3/23/99 | Treasurer: | Hensler, Lori A. | 4/1/13
(date elected 2/14/13) |
| | | Secretary: | McGonigle, John W. | 5/31/85 |
EXHIBIT E– MEETINGS OF THE BOARD and MEETINGS OF THE COMMITTEES OF THE BOARD
The following table provides the number of Regular and Special Board Meetings as well as Board Committee meetings held during the most recently completed fiscal year of the Funds. Regular and Special Board Meetings as well as Board Committee meetings are also provided for calendar year 2012 and calendar year-to-date 2013.
| REGISTRANT AND FUND(S) | FISCAL
YEAR
ENDED | REGULAR
BOARD
MEETINGS | SPECIAL
BOARD
MEETINGS | EXECUTIVE
COMMITTEE
MEETINGS | NOMINATING
COMMITTEE
MEETINGS | AUDIT
COMMITTEE
MEETINGS |
All Registrants and Funds for Calendar Year Ended 12/31/2012*
*One meeting was convened only for Cash Trust Series, Inc., Cash Trust Series II and Edward Jones Money Market Fund | | 4 | 1 | 2* | 1 | 7 |
| All Registrants and Funds for Calendar Year To Date 8/29/2013 | | 3 | 0 | 0 | 1 | 6 |
| Cash Trust Series, Inc. | | | | | | |
| Federated Government Cash Series | 5/31/2013 | 4 | 1 | 2 | 1 | 7 |
| Federated Municipal Cash Series | 5/31/2013 | 4 | 1 | 2 | 1 | 7 |
| Federated Prime Cash Series | 5/31/2013 | 4 | 1 | 2 | 1 | 7 |
| Federated Treasury Cash Series | 5/31/2013 | 4 | 1 | 2 | 1 | 7 |
| Cash Trust Series II | | | | | | |
| Federated Treasury Cash Series II | 5/31/2013 | 4 | 1 | 2 | 1 | 7 |
| Edward Jones Money Market Fund | 2/28/2013 | 4 | 1 | 2 | 1 | 7 |
| Federated Adjustable Rate Securities Fund | 8/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated Core Trust | | | | | | |
| Federated Bank Loan Core Fund | 6/30/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated Inflation-Protected Securities Core Fund | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated Mortgage Core Portfolio | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| High Yield Bond Portfolio | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated Core Trust II, L.P. | | | | 1 | 1 | |
| Emerging Markets Fixed Income Core Fund | 11/30/2012 | 4 | 0 | | 1 | 7 |
| Federated Core Trust III | | | | | | |
| Federated and Project Trade Finance Core Fund | 3/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated Equity Funds | | | | | | |
| Federated Absolute Return Fund | 10/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Clover Small Value Fund | 9/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Clover Value Fund | 9/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Global Equity Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated InterContinental Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated International Strategic Value Dividend Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Kaufmann Fund | 10/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Kaufmann Large Cap Fund | 10/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Kaufmann Small Cap Fund | 10/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated MDT Mid Cap Growth Strategies Fund | 10/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Prudent Bear Fund | 9/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Strategic Value Dividend Fund | 10/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Equity Income Fund, Inc. | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Fixed Income Securities, Inc. | | | | | | |
| Federated Municipal Ultrashort Fund | 9/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Strategic Income Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated GNMA Trust | 1/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated Global Allocation Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Government Income Securities, Inc. | 2/28/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated High Income Bond Fund, Inc. | 3/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated High Yield Trust | 2/28/2013 | 4 | 1 | 1 | 1 | 7 |
| REGISTRANT AND FUND(S) | FISCAL
YEAR
ENDED | REGULAR
BOARD
MEETINGS | SPECIAL
BOARD
MEETINGS | EXECUTIVE
COMMITTEE
MEETINGS | NOMINATING
COMMITTEE
MEETINGS | AUDIT
COMMITTEE
MEETINGS |
| Federated Income Securities Trust | | | | | | |
| Federated Capital Income Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Floating Rate Strategic Income Fund | 3/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated Fund for U.S. Government Securities | 3/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated Intermediate Corporate Bond Fund | 4/30/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated Muni and Stock Advantage Fund | 10/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Prudent DollarBear Fund | 9/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Real Return Bond Fund | 3/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated Short-Term Income Fund | 4/30/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated Unconstrained Bond Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Income Trust | 1/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated Index Trust | | | | | | |
| Federated Max-Cap Index Fund | 10/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Mid-Cap Index Fund | 10/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Institutional Trust | | | | | | |
| Federated Government Ultrashort Duration Fund | 7/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated Institutional High Yield Bond Fund | 10/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Intermediate Government/Corporate Fund | 8/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Insurance Series | | | | | | |
| Federated Fund for U.S. Government Securities II | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated High Income Bond Fund II | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated Kaufmann Fund II | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated Managed Tail Risk Fund II | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated Managed Volatility Fund II | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated Prime Money Fund II | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated Quality Bond Fund II | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated Intermediate Government Fund, Inc. | 2/28/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated International Series, Inc. | | | | | | |
| Federated International Bond Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Investment Series Funds, Inc. | | | | | | |
| Federated Bond Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated MDT Series | | | | | | |
| Federated MDT All Cap Core Fund | 7/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated MDT Balanced Fund | 7/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated MDT Large Cap Growth Fund | 7/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated MDT Small Cap Core Fund | 7/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated MDT Small Cap Growth Fund | 7/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated MDT Stock Trust | 10/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Managed Pool Series | | | | | | |
| Federated Corporate Bond Strategy Portfolio | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated High-Yield Strategy Portfolio | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated International Bond Strategy Portfolio | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Mortgage Strategy Portfolio | 12/31/2012 | 4 | 1 | 1 | 1 | 7 |
| Federated Municipal Securities Fund, Inc. | 3/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated Municipal Securities Income Trust | | | | | | |
| Federated Michigan Intermediate Municipal Trust | 8/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Municipal High Yield Advantage Fund | 8/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated New York Municipal Income Fund | 8/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Ohio Municipal Income Fund | 8/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Pennsylvania Municipal Income Fund | 8/31/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Short-Intermediate Duration Municipal Trust | 6/30/2013 | 4 | 1 | 1 | 1 | 7 |
| REGISTRANT AND FUND(S) | FISCAL
YEAR
ENDED | REGULAR
BOARD
MEETINGS | SPECIAL
BOARD
MEETINGS | EXECUTIVE
COMMITTEE
MEETINGS | NOMINATING
COMMITTEE
MEETINGS | AUDIT
COMMITTEE
MEETINGS |
| Federated Total Return Government Bond Fund | 2/28/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated Total Return Series, Inc. | | | | | | |
| Federated Mortgage Fund | 9/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Total Return Bond Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated Ultrashort Bond Fund | 9/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated U.S. Government Securities Fund: 1-3 Years | 2/28/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated U.S. Government Securities Fund: 2-5 Years | 1/31/2013 | 4 | 1 | 1 | 1 | 7 |
| Federated World Investment Series, Inc. | | | | | | |
| Federated Emerging Market Debt Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated International Leaders Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Federated International Small-Mid Company Fund | 11/30/2012 | 4 | 0 | 1 | 1 | 7 |
| Intermediate Municipal Trust | | | | | | |
| Federated Intermediate Municipal Trust | 5/31/2013 | 4 | 1 | 1 | 1 | 7 |
EXHIBIT F– COMPENSATION OF DIRECTORS FROM FUNDS AND FUND COMPLEX
Following is information about the compensation of the Independent Directors of the Registrants as of the most recently ended Fiscal Year of a Fund as well as aggregate compensation from all Funds for the calendar periods ended December 31, 2012 and August 29, 2013. Aggregate compensation includes amounts paid to Independent Directors for services to both the Funds and other funds in the Federated Family of Funds in existence during the period but which are not electing Directors at the Special Meeting. Interested Directors do not receive compensation from the Funds. John T. Collins and P. Jerome Richey were not directors of any funds in the Federated Family of Funds during the periods noted (Mr. Collins and Mr. Richey became Independent Directors of certain Registrants effective September 1, 2013) and thus received no compensation from the Federated Family of Funds.
| AGGREGATE COMPENSATION FROM THE FEDERATED FAMILY OF FUNDS | MAUREEN
LALLY-GREEN | PETER E.
MADDEN | CHARLES F.
MANSFIELD, JR. | THOMAS M.
O'NEILL | JOHN S.
WALSH |
Aggregate Compensation from the Federated Family of Funds
for Calendar Year Ended 12/31/2012 | $223,617.71 | $310,000.00 | $247,500.00 | $247,500.00 | $253,125.00 |
Aggregate Compensation from the Federated Family of Funds
for Calendar Year To Date 8/29/2013 | $173,336.26 | $232,500.00 | $185,625.00 | $185,625.00 | $189,843.75 |
COMPENSATION FROM INDIVIDUAL REGISTRANTS
AND FUNDS | FISCAL
YEAR ENDED | MAUREEN
LALLY-GREEN | PETER E.
MADDEN | CHARLES F.
MANSFIELD, JR. | THOMAS M.
O'NEILL | JOHN S.
WALSH |
Compensation as of most recently ended Fiscal Year
of the following Funds: | | | | | | |
| Cash Trust Series, Inc. | | | | | | |
| Federated Government Cash Series | 5/31/2013 | $1,920.66 | $2,646.24 | $2,112.73 | $2,112.73 | $2,160.73 |
| Federated Municipal Cash Series | 5/31/2013 | $533.25 | $734.71 | $586.58 | $586.58 | $599.91 |
| Federated Prime Cash Series | 5/31/2013 | $2,168.77 | $2,988.10 | $2,385.65 | $2,385.65 | $2,439.87 |
| Federated Treasury Cash Series | 5/31/2013 | $1,764.90 | $2,431.64 | $1,941.38 | $1,941.38 | $1,985.50 |
| Cash Trust Series II | | | | | | |
| Federated Treasury Cash Series II | 5/31/2013 | $941.23 | $1,296.82 | $1,035.37 | $1,035.37 | $1,058.88 |
| Edward Jones Money Market Fund | 2/28/2013 | $9,671.92 | $13,325.74 | $10,639.11 | $10,639.11 | $10,880.89 |
| Federated Adjustable Rate Securities Fund | 8/31/2012 | $1,509.63 | $2,079.95 | $1,670.54 | $1,660.61 | $1,688.41 |
| Federated Core Trust | | | | | | |
| Federated Bank Loan Core Fund | 6/30/2013 | $292.46 | $402.94 | $321.70 | $321.70 | $329.01 |
| Federated Inflation-Protected Securities Core Fund | 12/31/2012 | $220.75 | $304.11 | $242.79 | $242.79 | $248.31 |
| Federated Mortgage Core Portfolio | 12/31/2012 | $1,892.14 | $2,606.95 | $2,081.35 | $2,081.35 | $2,128.65 |
| High Yield Bond Portfolio | 12/31/2012 | $1,433.53 | $1,975.08 | $1,576.88 | $1,576.88 | $1,612.72 |
| Federated Core Trust II, L.P. | | | | | | |
| Emerging Markets Fixed Income Core Fund | 11/30/2012 | $1,363.06 | $1,877.99 | $1,499.35 | $1,499.35 | $1,533.44 |
| Federated Core Trust III | | | | | | |
| Federated and Project Trade Finance Core Fund | 3/31/2013 | $1,036.26 | $1,427.72 | $1,139.85 | $1,139.85 | $1,165.78 |
| Federated Equity Funds | | | | | | |
| Federated Absolute Return Fund | 10/31/2012 | $459.22 | $632.70 | $508.29 | $505.16 | $513.51 |
| Federated Clover Small Value Fund | 9/30/2012 | $228.45 | $314.72 | $252.74 | $251.29 | $255.54 |
| Federated Clover Value Fund | 9/30/2012 | $631.23 | $869.71 | $698.68 | $694.36 | $705.83 |
| Federated Global Equity Fund | 11/30/2012 | $75.31 | $103.77 | $82.85 | $82.85 | $84.74 |
| Federated InterContinental Fund | 11/30/2012 | $419.07 | $577.37 | $460.97 | $460.97 | $471.45 |
| Federated International Strategic Value Dividend Fund | 11/30/2012 | $140.92 | $194.13 | $155.01 | $155.01 | $158.53 |
| Federated Kaufmann Fund | 10/31/2012 | $3,847.79 | $5,301.39 | $4,261.91 | $4,232.56 | $4,299.40 |
| Federated Kaufmann Large Cap Fund | 10/31/2012 | $270.80 | $373.08 | $299.67 | $297.87 | $302.83 |
| Federated Kaufmann Small Cap Fund | 10/31/2012 | $709.34 | $977.27 | $785.86 | $780.24 | $792.37 |
| Federated MDT Mid Cap Growth Strategies Fund | 10/31/2012 | $261.52 | $360.31 | $289.55 | $287.65 | $292.30 |
| Federated Prudent Bear Fund | 9/30/2012 | $987.31 | $1,360.28 | $1,092.01 | $1,086.04 | $1,104.40 |
| Federated Strategic Value Dividend Fund | 10/31/2012 | $2,980.13 | $4,105.96 | $3,291.10 | $3,278.13 | $3,339.68 |
| Federated Equity Income Fund, Inc. | 11/30/2012 | $1,176.99 | $1,621.61 | $1,294.67 | $1,294.67 | $1,324.08 |
COMPENSATION FROM INDIVIDUAL REGISTRANTS
AND FUNDS | FISCAL
YEAR ENDED | MAUREEN
LALLY-GREEN | PETER E.
MADDEN | CHARLES F.
MANSFIELD, JR. | THOMAS M.
O'NEILL | JOHN S.
WALSH |
| Federated Fixed Income Securities, Inc. | | | | | | |
| Federated Municipal Ultrashort Fund | 9/30/2012 | $2,526.64 | $3,481.16 | $2,793.60 | $2,779.30 | $2,828.16 |
| Federated Strategic Income Fund | 11/30/2012 | $1,295.51 | $1,784.91 | $1,425.04 | $1,425.04 | $1,457.44 |
| Federated GNMA Trust | 1/31/2013 | $1,210.57 | $1,667.88 | $1,331.62 | $1,331.62 | $1,361.88 |
| Federated Global Allocation Fund | 11/30/2012 | $1,118.93 | $1,541.63 | $1,230.81 | $1,230.81 | $1,258.80 |
| Federated Government Income Securities, Inc. | 2/28/2013 | $1,149.42 | $1,583.63 | $1,264.36 | $1,264.36 | $1,293.08 |
| Federated High Income Bond Fund, Inc. | 3/31/2013 | $1,622.82 | $2,235.88 | $1,785.09 | $1,785.09 | $1,825.66 |
| Federated High Yield Trust | 2/28/2013 | $1,064.93 | $1,467.24 | $1,171.41 | $1,171.41 | $1,198.04 |
| Federated Income Securities Trust | | | | | | |
| Federated Capital Income Fund | 11/30/2012 | $340.55 | $469.19 | $374.59 | $374.59 | $383.10 |
| Federated Floating Rate Strategic Income Fund | 3/31/2013 | $131.86 | $181.66 | $145.04 | $145.04 | $148.33 |
| Federated Fund for U.S. Government Securities | 3/31/2013 | $499.22 | $687.83 | $549.12 | $549.12 | $561.62 |
| Federated Intermediate Corporate Bond Fund | 4/30/2013 | $366.31 | $504.68 | $402.93 | $402.93 | $412.08 |
| Federated Muni and Stock Advantage Fund | 10/31/2012 | $373.90 | $515.14 | $413.69 | $411.28 | $418.22 |
| Federated Prudent DollarBear Fund | 9/30/2012 | $315.46 | $434.63 | $349.13 | $347.00 | $352.75 |
| Federated Real Return Bond Fund | 3/31/2013 | $146.43 | $201.73 | $161.06 | $161.06 | $164.72 |
| Federated Short-Term Income Fund | 4/30/2013 | $842.80 | $1,161.18 | $927.08 | $927.08 | $948.15 |
| Federated Unconstrained Bond Fund | 11/30/2012 | $170.77 | $235.29 | $187.86 | $187.86 | $192.12 |
| Federated Income Trust | 1/31/2013 | $1,246.34 | $1,717.16 | $1,370.97 | $1,370.97 | $1,402.13 |
| Federated Index Trust | | | | | | |
| Federated Max-Cap Index Fund | 10/31/2012 | $797.00 | $1,098.09 | $882.05 | $876.72 | $891.31 |
| Federated Mid-Cap Index Fund | 10/31/2012 | $1,058.12 | $1,457.85 | $1,171.08 | $1,163.92 | $1,183.23 |
| Federated Institutional Trust | | | | | | |
| Federated Government Ultrashort Duration Fund | 7/31/2012 | $1,107.69 | $1,526.13 | $1,218.44 | $1,218.44 | $1,246.12 |
| Federated Institutional High Yield Bond Fund | 10/31/2012 | $778.51 | $1,072.60 | $860.93 | $856.35 | $871.23 |
| Federated Intermediate Government/Corporate Fund | 8/31/2012 | $330.27 | $455.00 | $365.33 | $363.28 | $648.74 |
| Federated Insurance Series | | | | | | |
| Federated Fund for U.S. Government Securities II | 12/31/2012 | $303.10 | $417.58 | $333.38 | $333.38 | $340.95 |
| Federated High Income Bond Fund II | 12/31/2012 | $281.76 | $388.21 | $309.94 | $309.94 | $316.98 |
| Federated Kaufmann Fund II | 12/31/2012 | $204.09 | $281.16 | $224.48 | $224.48 | $229.58 |
| Federated Managed Tail Risk Fund II | 12/31/2012 | $245.20 | $337.83 | $269.73 | $269.73 | $275.84 |
| Federated Managed Volatility Fund II | 12/31/2012 | $215.78 | $297.28 | $237.35 | $237.35 | $242.74 |
| Federated Prime Money Fund II | 12/31/2012 | $251.97 | $347.14 | $277.15 | $277.15 | $283.44 |
| Federated Quality Bond Fund II | 12/31/2012 | $332.85 | $458.57 | $366.12 | $366.12 | $374.43 |
| Federated Intermediate Government Fund, Inc. | 2/28/2013 | $914.20 | $1,259.53 | $1,005.59 | $1,005.59 | $1,028.45 |
| Federated International Series, Inc. | | | | | | |
| Federated International Bond Fund | 11/30/2012 | $949.35 | $1,307.96 | $1,044.26 | $1,044.26 | $1,067.99 |
| Federated Investment Series Funds, Inc. | | | | | | |
| Federated Bond Fund | 11/30/2012 | $1,774.19 | $2,444.42 | $1,951.60 | $1,951.60 | $1,995.96 |
| Federated MDT Series | | | | | | |
| Federated MDT All Cap Core Fund | 7/31/2013 | $243.18 | $335.04 | $267.48 | $267.48 | $273.56 |
| Federated MDT Balanced Fund | 7/31/2013 | $262.14 | $361.14 | $288.33 | $288.33 | $294.89 |
| Federated MDT Large Cap Growth Fund | 7/31/2013 | $216.40 | $298.14 | $238.04 | $238.04 | $243.45 |
| Federated MDT Small Cap Core Fund | 7/31/2013 | $188.74 | $260.02 | $207.60 | $207.60 | $212.31 |
| Federated MDT Small Cap Growth Fund | 7/31/2013 | $216.12 | $297.76 | $237.73 | $237.73 | $243.13 |
| Federated MDT Stock Trust | 10/31/2012 | $1,033.32 | $1,423.69 | $1,143.32 | $1,136.65 | $1,155.81 |
| Federated Managed Pool Series | | | | | | |
| Federated Corporate Bond Strategy Portfolio | 12/31/2012 | $248.69 | $342.62 | $273.55 | $273.55 | $279.77 |
| Federated High-Yield Strategy Portfolio | 12/31/2012 | $229.89 | $316.74 | $252.87 | $252.87 | $258.63 |
| Federated International Bond Strategy Portfolio | 11/30/2012 | $226.97 | $312.72 | $249.67 | $249.67 | $255.35 |
| Federated Mortgage Strategy Portfolio | 12/31/2012 | $249.20 | $343.33 | $274.10 | $274.10 | $280.35 |
| Federated Municipal Securities Fund, Inc. | 3/31/2013 | $1,217.77 | $1,677.81 | $1,339.52 | $1,339.52 | $1,369.97 |
COMPENSATION FROM INDIVIDUAL REGISTRANTS
AND FUNDS | FISCAL
YEAR ENDED | MAUREEN
LALLY-GREEN | PETER E.
MADDEN | CHARLES F.
MANSFIELD, JR. | THOMAS M.
O'NEILL | JOHN S.
WALSH |
| Federated Municipal Securities Income Trust | | | | | | |
| Federated Michigan Intermediate Municipal Trust | 8/31/2012 | $259.21 | $357.14 | $286.78 | $285.12 | $289.93 |
| Federated Municipal High Yield Advantage Fund | 8/31/2012 | $469.97 | $647.47 | $519.91 | $516.97 | $525.77 |
| Federated New York Municipal Income Fund | 8/31/2012 | $202.16 | $278.53 | $223.67 | $222.38 | $226.15 |
| Federated Ohio Municipal Income Fund | 8/31/2012 | $289.24 | $398.51 | $319.99 | $318.15 | $323.57 |
| Federated Pennsylvania Municipal Income Fund | 8/31/2012 | $341.06 | $469.89 | $377.31 | $375.16 | $381.52 |
| Federated Short-Intermediate Duration Municipal Trust | 6/30/2013 | $1,443.16 | $1,988.34 | $1,587.46 | $1,587.46 | $1,623.55 |
| Federated Total Return Government Bond Fund | 2/28/2013 | $1,744.95 | $2,404.14 | $1,919.41 | $1,919.41 | $1,963.05 |
| Federated Total Return Series, Inc. | | | | | | |
| Federated Mortgage Fund | 9/30/2012 | $501.32 | $690.69 | $554.65 | $551.43 | $560.74 |
| Federated Total Return Bond Fund | 11/30/2012 | $5,435.55 | $7,488.98 | $5,979.08 | $5,979.08 | $6,114.98 |
| Federated Ultrashort Bond Fund | 9/30/2012 | $1,170.13 | $1,612.17 | $1,294.34 | $1,287.12 | $1,309.17 |
| Federated U.S. Government Securities Fund: 1-3 Years | 2/28/2013 | $1,189.37 | $1,638.66 | $1,308.30 | $1,308.30 | $1,338.01 |
| Federated U.S. Government Securities Fund: 2-5 Years | 1/31/2013 | $0.00 | $1,904.49 | $1,520.53 | $1,520.53 | $1,555.07 |
| Federated World Investment Series, Inc. | | | | | | |
| Federated Emerging Market Debt Fund | 11/30/2012 | $420.14 | $578.84 | $462.15 | $462.15 | $472.64 |
| Federated International Leaders Fund | 11/30/2012 | $560.99 | $772.91 | $617.07 | $617.07 | $631.11 |
| Federated International Small-Mid Company Fund | 11/30/2012 | $431.90 | $595.06 | $475.08 | $475.08 | $485.88 |
| Intermediate Municipal Trust | | | | | | |
| Federated Intermediate Municipal Trust | 5/31/2013 | $972.45 | $1,339.82 | $1,069.70 | $1,069.70 | $1,094.01 |
EXHIBIT G– BOARD OWNERSHIP OF REGISTRANTS
Following is information about the dollar range of securities owned by each Director of the Registrants as of August 29, 2013. A * indicates an Interested Director. An ** indicates an Independent Director. A + indicates a Director Nominee. As of August 29, 2013, John T. Collins and P. Jerome Richey were not directors (having been appointed as directors of certain Registrants as of September 1, 2013) and did not own shares of the Registrants' Funds. Note that Thomas R. Donahue, Chief Financial Officer, Vice President and Treasurer of Federated Investors, Inc. is the son of John F. Donahue and the brother of J. Christopher Donahue, who are Director and Chairman and Director and President/CEO, respectively of Federated Investors, Inc. Thomas Donahue owns less than 1% of the outstanding shares of any of the Registrants.
| John F.
Donahue* | J. Christopher
Donahue*+ | Maureen
Lally-Green**+ | Peter E.
Madden** | Charles F.
Mansfield, Jr.** | Thomas M.
O'Neill**+ | John S.
Walsh** |
Aggregate Dollar Range of Equity Securities in All Funds Overseen or to be Overseen by Director or Nominee in the Federated Family of Investment
Companies | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 | Over $100,000 |
| | | | | | | |
REGISTRANT and FUNDS | | | | | | | |
| | | | | | | |
Federated Adjustable Rate Securities Fund | | | $50,001 - $100,000 | | | | |
| | | | | | | |
Federated Equity Funds | | | | | | | |
Federated Absolute Return Fund | | Over $100,000 | | $10,001 - $50,000 | $1 - $10,000 | | $50,001 - $100,000 |
Federated Clover Small Value | Over $100,000 | Over $100,000 | | | | | |
Federated Clover Value Fund | Over $100,000 | Over $100,000 | | | | | |
Federated InterContinental
Fund | Over $100,000 | Over $100,000 | $10,001 - $50,000 | | Over $100,000 | | $10,001 - $50,000 |
Federated Kaufmann Fund | Over $100,000 | Over $100,000 | | | | | $50,001 - $100,000 |
Federated Kaufmann Large Cap Fund | Over $100,000 | Over $100,000 | | | | | Over $100,000 |
Federated Kaufmann Small Cap Fund | Over $100,000 | Over $100,000 | | | | | Over $100,000 |
Federated MDT Mid Cap Growth Strategies Fund | | Over $100,000 | | | | | |
| John F.
Donahue* | J. Christopher
Donahue*+ | Maureen
Lally-Green**+ | Peter E.
Madden** | Charles F.
Mansfield, Jr.** | Thomas M.
O'Neill**+ | John S.
Walsh** |
Federated Strategic Value Dividend Fund | Over $100,000 | Over $100,000 | $10,001-$50,000 | | | | $50,001 - $100,000 |
| | | | | | | |
Federated
Equity Income
Fund, Inc. | | Over $100,000 | | | | | |
| | | | | | | |
Federated Fixed Income Securities, Inc. | | | | | | | |
Federated Municipal Ultrashort Fund | | | | | | | $10,001 - $50,000 |
| | | | | | | |
Federated Global Allocation Fund | Over $100,000 | | | | | | |
| | | | | | | |
Federated Income Securities Trust | | | | | | | |
Federated Floating Rate Strategic Income Fund | | Over $100,000 | | | | | |
Federated Muni and Stock Advantage Fund | | Over $100,000 | | | | | Over $100,000 |
Federated Real Return Bond Fund | $10,001 - $50,000 | Over $100,000 | | | | | |
Federated Short-Term Income Fund | | Over $100,000 | | | | | $50,001 - $100,000 |
Federated Unconstrained Bond Fund | | Over $100,000 | | | | | |
| | | | | | | |
Federated Index Trust | | | | | | | |
Federated Max-Cap Index Fund | Over $100,000 | Over $100,000 | | | $10,001 - $50,000 | | Over $100,000 |
Federated Mid-Cap Index Fund | | Over$100,000 | | | | | |
| | | | | | | |
Federated International Series, Inc. | | | | | | | |
Federated International Bond Fund | | Over $100,000 | | | | | |
| | | | | | | |
| John F.
Donahue* | J. Christopher
Donahue*+ | Maureen
Lally-Green**+ | Peter E.
Madden** | Charles F.
Mansfield, Jr.** | Thomas M.
O'Neill**+ | John S.
Walsh** |
Federated MDT Series | | | | | | | |
Federated MDT All Cap Core Fund | | | | | | | $50,001 - $100,000 |
Federated MDT Large Cap Growth Fund | | Over $100,000 | | | | | |
Federated MDT Small Cap Core Fund | | Over $100,000 | | | | | |
| | | | | | | |
Federated MDT Stock Trust | | Over $100,000 | | | $10,001 - $50,000 | | |
| | | | | | | |
Federated Municipal Securities Income Trust | | | | | | | |
Federated New York Municipal Income Fund | | | | | $10,001 - $50,000 | | |
| | | | | | | |
Federated Total Return Series, Inc. | | | | | | | |
Federated Total Return Bond Fund | $50,001 - $100,000 | Over $100,000 | $50,001 - $100,000 | | $10,001 - $50,000 | | $10,001 - $50,000 |
Federated Ultrashort Bond Fund | | | | $50,001 - $100,000 | | | |
| | | | | | | |
Federated World Investment Series, Inc. | | | | | | | |
Federated Emerging Market Debt Fund | | Over $100,000 | | | | | |
Federated International Leaders Fund | Over $100,000 | Over $100,000 | | | | | |
Federated International Small-Mid Company Fund | Over $100,000 | Over $100,000 | | | | | |
| | | | | | | |
Intermediate Municipal Trust | | | | | | | |
Federated Intermediate Municipal Trust | | Over $100,000 | | | | | |
Directors and Officers of the Registrants as a group own less than 1% of the outstanding shares of each class of each Fund except in the Funds and Classes as follows:
| REGISTRANT/FUND/CLASS | TOTAL SHARES OWNED BY
DIRECTORS AND OFFICERS
AS A GROUP | PERCENTAGE OF SHARES
OWNED BY DIRECTORS AND
OFFICERS AS A GROUP |
| Federated Equity Funds | | |
| Federated InterContinental Fund– A | 78,773.609 | 1.456% |
| Federated Kaufmann Large Cap Fund - IS | 384,518.495 | 2.039% |
| Federated Kaufmann Small Cap Fund - A | 180,769.735 | 1.095% |
| | | |
| Federated Global Allocation Fund | 191,655.675 | 8.982% |
| | | |
| Federated Institutional Trust | | |
| Federated Institutional High Yield Bond Fund - IS | 246,284.299 | 0.092% |
| | | |
| Federated Income Securities Trust | | |
| Federated Prudent DollarBear Fund - IS | 174,586.129 | 9.415% |
| Federated Unconstrained Bond Fund– IS | 17,723.935 | 1.403% |
| Federated Real Return Bond Fund - IS | 159,731.847 | 7.270% |
| | | |
| Federated MDT Series | | |
| Federated MDT Small Cap Core Fund - IS | 39,348.378 | 3.931% |
| Federated MDT Small Cap Core Fund - A | 19,699.31 | 7.196% |
| Federated MDT Large Cap Growth Fund - A | 75,303.187 | 2.066% |
| | | |
| Federated Municipal Securities Income Trust | | |
| Federated Municipal High Yield Advantage Fund - A | 928,557.819 | 3.490% |
| | | |
| Federated World Investment Series, Inc. | | |
| Federated Emerging Market Debt Fund - A | 105,209.906 | 0.99% |
| Federated International Small-Mid Company Fund - IS | 16,301.311 | 2.917% |
| Federated International Small-Mid Company Fund - A | 33,828.553 | 1.014% |
EXHIBIT H– SIGNIFICANT SHAREOWNERS OF THE FUNDS / CLASSES AS OF AUGUST 29, 2013
The following table lists the shareholders of record as of the Record Date that owned more than 5% of the indicated classes of shares.
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Emerging Markets Fixed Income Core Fund | Federated Strategic Income Fund, Boston, MA | 11,002,435.0320 | 45.11% |
| | Federated Total Return Bond Fund, Boston, MA | 5,394,500.8670 | 22.12% |
| | Federated Capital Income Fund, Boston, MA | 4,974,758.1810 | 20.40% |
| Federated Absolute Return Fund– A | Edward Jones & Co. for the Benefit of Customers, St. Louis, MO | 1,578,890.9310 | 12.75% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 1,810,828.3460 | 14.63% |
| | Pershing LLC, Jersey City, NJ | 1,041,349.3620 | 8.41% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 925,740.1590 | 7.48% |
| | First Clearing, LLC, St. Louis, MO | 909,329.7290 | 7.34% |
| | UBS WM USA, Jersey City, NJ | 1,501,433.1830 | 12.13% |
| | Morgan Stanley & Co, Jersey City, NJ | 676,816.3720 | 5.47% |
| Federated Absolute Return Fund– B | Edward Jones & Co for the Benefit of Customers, Saint Louis, MO | 147,196.6660 | 7.25% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, New York | 193,060.7200 | 9.51% |
| | Pershing LLC, Jersey City, NJ | 247,988.7490 | 12.21% |
| | MLPF&S for the Sole Benefit of its Customers Jacksonville, FL | 368,102.6640 | 18.13% |
| | First Clearing, LLC, St. Louis Mo | 249,079.3320 | 12.27% |
| Federated Absolute Return Fund– C | National Financial Services LLC for the exclusive Benefit of our Customers, New York, NY | 804,655.1350 | 8.03% |
| | Pershing LLC, Jersey City, NJ | 511,186.0150 | 5.10% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 1,524,950.5770 | 15.22% |
| | Stifel Nicolaus & Co Inc. Exclusive Benefit of Customers, St. Louis, MO | 617,778.6720 | 6.16% |
| | First Clearing, LLC, St. Louis, MO | 1,493,694.5870 | 14.90% |
| | UBS WM USA, Jersey City, NJ | 1,134,931.7840 | 11.32% |
| | Morgan Stanley & Co, Jersey City, NJ | 1,384,697.9770 | 13.82% |
| Federated Absolute Return Fund– IS | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville. FL | 995,969.6590 | 31.30% |
| | Pioneer Bank & Trust, Belle Fourche SD | 261,445.1090 | 8.22% |
| | Special Custody Acct for the Exclusive Benefit of Customer, Glen Allen VA | 654,056.0260 | 20.55% |
| | Morgan Stanley & Co, Jersey City, NJ | 634,469.4210 | 19.94% |
| | Emjay Corporation Custodian, Greenwood Village, CO | 244,520.4950 | 7.68% |
| Federated Adjustable Rate Securities Fund– IS | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 15,771,606.0180 | 19.14% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, Jersey City, NJ | 4,380,170.1810 | 5.31% |
| | Charles Schwab & Co Inc., San Francisco, CA | 39,354,031.8560 | 47.75% |
| Federated Adjustable Rate Securities Fund– SS | National Financial Services LLC for the Exclusive Benefit of our Customers Jersey City, NJ | 1,325,198.5320 | 17.96% |
| | First Clearing, LLC St. Louis, MO | 2,330,158.6120 | 31.58% |
| | UBS WM USA, Jersey City, NJ | 1,608,162.3880 | 21.79% |
| Federated Bank Loan Core Fund | Federated Ultrashort Bond Fund, Boston, MA | 4,284,602.9920 | 13.17% |
| | Federated Short-Term Income Fund, Boston MA | 3,195,235.7270 | 9.82% |
| | Federated Floating Rate Strategic Income Fund, Boston, MA | 17,492,757.1400 | 53.79% |
| | Federated Total Return Bond Fund, Boston, MA | 2,454,405.0730 | 7.55% |
| | FII Holding Inc, Pittsburgh, PA | 3,365,443.3240 | 10.35% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Bond Fund– A | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 6,612,118.6810 | 6.49% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 11,541,311.0300 | 11.34% |
| | Pershing LLC, Jersey City, NJ | 6,850,913.8240 | 6.73% |
| | CPF Managed Portfolio III Pittsburgh, PA | 6,992,630.0480 | 6.87% |
| | American Enterprise INV SVC, Minneapolis, MN | 29,456,241.2230 | 28.93% |
| | Planmember Services Corp, Kansas City, MO | 5,280,537.8170 | 5.19% |
| Federated Bond Fund– B | Edward D Jones & Co for the Benefit of Customers, St. Louis, MO | 718,837.8310 | 11.25% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 971,177.9390 | 15.20% |
| | Pershing LLC, Jersey City, NJ | 983,076.5860 | 15.38% |
| | Charles Schwab & Co Inc., San Francisco, CA | 328,187.5620 | 5.13% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 366,397.8230 | 5.73% |
| | LPL Financial, San Diego, CA | 332,456.0330 | 5.20% |
| | First Clearing, LLC, St. Louis, MO | 1,429,892.1350 | 22.37% |
| Federated Bond Fund– C | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 1,052,742.9640 | 6.64% |
| | Pershing LLC, Jersey City, NJ | 1,485,508.9710 | 9.37% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 2,171,781.7450 | 13.70% |
| | First Clearing, LLC, St. Louis, MO | 2,255,035.6240 | 14.22% |
| | UBS WM USA, Jersey City, NJ | 931,008.5640 | 5.87% |
| | Morgan Stanley & Co, Jersey City, NJ | 1,188,680.2080 | 7.50% |
| Federated Bond Fund– F | Edward D Jones & Co for the Sole Benefit of its Customers, Saint Louis, MO | 2,955,103.1640 | 13.30% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 2,733,985.8460 | 12.31% |
| | Pershing LLC, Jersey City, NJ | 4,626,689.1430 | 20.83% |
| | Nationwide Trust Company FSB, Columbus, OH | 2,812,578.7610 | 12.66% |
| | Nationwide Life Insurance Company, Columbus, OH | 2,649,222.1640 | 11.93% |
| Federated Bond Fund– IS | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 1,929,878.5730 | 8.99% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, Jersey City, NJ | 5,183,358.1770 | 24.14% |
| | First Clearing, LLC, St. Louis, MO | 3,690,891.9870 | 17.19% |
| | Morgan Stanley & Co, Jersey City, NJ | 1,774,614.9170 | 8.26% |
| | Wendel & Co 244174, New York, NY | 1,926,172.0640 | 8.97% |
| | SEI Private Trust Company, Oaks PA | 1,183,368.9820 | 5.51% |
| Federated Capital Income Fund– A | Edward D Jones & Co for the Benefit of Customers, Saint Loius, MO | 13,486,166.6920 | 29.56% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 4,621,597.0130 | 10.13% |
| | Pershing LLC, Jersey City, NJ | 3,607,512.9450 | 7.91% |
| | First Clearing, LLC, St. Louis, MO | 3,388,422.6070 | 7.43% |
| Federated Capital Income Fund– B | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 917,520.6650 | 15.52% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 528,765.9960 | 8.94% |
| | Pershing, LLC, Jersey City NJ | 1,241,816.2980 | 21.00% |
| | First Clearing, LLC, St. Louis, MO | 1,778,409.3400 | 30.08% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Capital Income Fund– C | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 1,713,604.3050 | 5.99% |
| | Pershing, LLC, Jersey City, NJ | 2,375,328.5350 | 8.30% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 2,121,969.1920 | 7.42% |
| | First Clearing, LLC, St. Louis, MO | 8,424,084.9800 | 29.44% |
| | Raymond James, St. Petersburg, FL | 2,671,148.9010 | 9.33% |
| | Morgan Stanley & Co, Jersey City, NJ | 4,133,436.2270 | 14.45% |
| Federated Capital Income Fund– F | Edward D Jones & Co, for the Benefit of Customers Saint Louis, MO | 3,082,460.1660 | 22.99% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 1,462,126.6910 | 10.91% |
| | Pershing, LLC, Jersey City, NJ | 1,487,762.1660 | 11.10% |
| | MLPF&S for the sole Benefit of its Customers, Jacksonville, FL | 1,195,008.1190 | 8.91% |
| | First Clearing, LLC, St. Louis, MO | 1,136,033.1320 | 8.47% |
| Federated Capital Income Fund– IS | Merrill Lynch Pierce Fenner & Smith for the sole Benefit of its customers, Jacksonville FL | 1,357,445.3990 | 12.26% |
| | Pershing LLC, Jersey City, NJ | 965,898.0620 | 8.72% |
| | Raymond James, St. Petersburg, FL | 602,481.2680 | 5.44% |
| | Morgan Stanley & Co, Jersey City, NJ | 1,271,523.3060 | 11.48% |
| Federated Capital Income Fund– R | Federated Equity Management Company of Pennsylvania, Pittsburgh, PA | 12.4840 | 100.00% |
| Federated Clover Small Value Fund– A | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 1,029,471.5880 | 17.12% |
| | Pershing LLC, Jersey City, NJ | 408,345.0060 | 6.79% |
| | Charles Schwab Co Inc., Denver, CO | 1,212,689.5310 | 20.17% |
| | TD Ameritrade Inc. FBO our Customers, Omaha, NE | 323,067.9050 | 5.37% |
| Federated Clover Small Value Fund– C | Pershing LLC, Jersey City, NJ | 49,640.6070 | 5.70% |
| | MLPF&S the sole benefit of for its Customers, Jacksonville, FL | 47,592.2610 | 5.46% |
| | First Clearing, LLC, St. Louis, MO | 52,738.9350 | 6.05% |
| | Raymond James, St. Petersburg, FL | 208,999.1950 | 23.98% |
| | Morgan Stanley & Co, Jersey City, NJ | 52,290.6180 | 6.00% |
| Federated Clover Small Value Fund– IS | Federated Managed Tail Risk Fund II, Boston, MA | 825,858.6450 | 6.04% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, Jersey City, NJ | 2,961,960.5230 | 21.66% |
| | JPMorgan Chase as Trustee FBO, Overland Park, KS | 1,227,585.4830 | 8.98% |
| | Olturst & Co Cash/Cash, Evansville IN | 813,852.3560 | 5.95% |
| | Nabank & Co, Tulsa, OK | 684,614.8090 | 5.01% |
| | DCGT AS TTEE and/or Cust FBO Principal Financial Group Qualified FIA Omnibus, Des Moines, IA | 923,327.5850 | 6.75% |
| | ING National Trust as Trustee for the ADP Totalsource Retirement Savings Plan, Braintree, MA | 2,270,680.5230 | 16.60% |
| Federated Clover Small Value - R | Hartford Life Insurance Co, Account 401, Hartford, CT | 20,084.1190 | 5.93% |
| Federated Clover Value Fund– A | Edward D Jones & Co for the Benefit of Customers, St. Louis, MO | 5,437,121.5610 | 15.88% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 4,565,491.1750 | 13.33% |
| | Pershing LLC, Jersey City, NJ | 2,311,254.5180 | 6.75% |
| | First Clearing, LLC, St. Louis, MO | 1,994,444.9210 | 5.82% |
| Federated Clover Value Fund– B | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 419,234.7450 | 23.90% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 126,112.3940 | 7.19% |
| | Pershing LLC, Jersey City, NJ | 189,420.8080 | 10.80% |
| | First Clearing, LLC, St. Louis, MO | 244,491.0790 | 13.94% |
| | American Enterprise INV SVC, Minneapolis, MN | 128,57.2060 | 7.34% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Clover Value Fund– C | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 168,540.0440 | 7.90% |
| | Pershing LLC, Jersey City | 134,756.1200 | 6.31% |
| | MLPF & S the Sole Benefit of for its Customers, Jacksonville, FL | 198,056.6600 | 9.28% |
| | First Clearing, LLC, St. Louis, MO | 166,238.0890 | 7.79% |
| Federated Clover Value Fund– IS | National Financial Services LLC for the Exclusive Benefit of our Customers, Jersey City, NJ | 979,165.0950 | 9.35% |
| | Bill Melinda Gates Foundation Trust, Kirkland WA | 3,498,389.9780 | 33.42% |
| | Nonab & Co, Wellsboro PA | 539,252.2090 | 5.15% |
| Federated Corporate Bond Strategy Portfolio | The Fulton Company, Lancaster, PA | 1,897,023.9960 | 40.40% |
| | Raymond James Omnibus for Mutual Funds, St. Petersburg, FL | 963,797.7260 | 20.52% |
| | Morgan Stanley & Co., Jersey City, NJ | 364,467.9630 | 7.76% |
| | Maril Co FBO NJ c/o M&I Trust Company NA, Milwaukee, WI | 278,121.0000 | 5.92% |
| Federated Equity Income Fund, Inc.– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 8,390,479.9170 | 17.77% |
| | National Financial Services LLC for Exclusive Benefit of our Customers, New York, NY | 3,396,057.4830 | 7.19% |
| | Pershing LLC, Jersey City | 3,704,974.4990 | 7.85% |
| | First Clearing, LLC, St. Louis, MO | 2,438,006.9500 | 5.16% |
| Federated Equity Income Fund, Inc.– B | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 383,980.1960 | 12.65% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 338,998.5930 | 11.17% |
| | Pershing LLC, Jersey City, NJ | 388,400.2340 | 12.79% |
| | Charles Schwab & Co Inc., San Francisco | 207,507.8070 | 6.83% |
| | MLPF&S for the Sole Benefit of Its Customers, Jacksonville, FL | 186,692.9920 | 6.15% |
| | First Clearing, LLC, St. Louis, MO | 551,241.4920 | 18.16% |
| | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 316,609.9180 | 6.42% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 267,560.8360 | 5.42% |
| | Pershing LLC, Jersey City NJ | 335,113.7560 | 6.79% |
| | MLPF&S for the Sole Benefit of its customers, Jacksonville, FL | 548,863.9270 | 11.12% |
| | First Clearing, LLC, St. Louis, MO | 374,594.7300 | 7.59% |
| | UBS WM USA, Jersey City, NJ | 353,722.5870 | 7.17% |
| | Raymond James, St. Petersburg, FL | 372,855.9150 | 7.56% |
| | Morgan Stanley & Co, Jersey City, NJ | 404,604.3290 | 8.20% |
| Federated Equity Income Fund, Inc.– F | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 466,071.3360 | 27.59% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 194,864.1540 | 11.54% |
| | Pershing LLC, Jersey City NJ | 170,978.6460 | 10.12% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 119,776.6550 | 7.09% |
| | First Clearing, LLC, St. Louis, MO | 165,141.3660 | 9.78% |
| Federated Equity Income Fund, Inc.– IS | Federated Managed Tail Risk Fund II, Boston, MA | 1,075,957.8630 | 14.58% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, Jersey City, NJ | 2,835,991.9880 | 38.44% |
| | Wells Fargo Bank NA, FBO, Charlotte, NC | 703,877.5140 | 9.54% |
| | First Clearing, LLC, Saint Louis, MO | 409,297.5380 | 5.55% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 636,477.0490 | 8.63% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Emerging Market Debt Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 714,983.8730 | 6.78% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 1,027,099.8770 | 9.74% |
| | Pershing LLC, Jersey City NJ | 826,640.2380 | 7.84% |
| | Charles Schwab & Co Inc. San Francisco, CA | 701,925.5150 | 6.66% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 593,495.4920 | 5.63% |
| | LPL Financial, San Diego, CA | 648,645.9410 | 6.15% |
| | First Clearing, LLC, St. Louis, MO | 663,777.3140 | 6.30% |
| | American Enterprise INV SVC, Minneapolis, MN | 754,713.0650 | 7.16% |
| | UBS WM USA, Jersey City, NJ | 1,190,051.6190 | 11.29% |
| Federated Emerging Market Debt Fund– B | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 163,761.4140 | 15.21% |
| | Pershing LLC, Jersey City, NJ | 60,338.5140 | 5.61% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 182,036.4690 | 16.91% |
| | LPL Financial, San Diego, CA | 57,030.9140 | 5.30% |
| | First Clearing, LLC, St. Louis, MO | 149,757.2570 | 13.91% |
| Federated Emerging Market Debt Fund– C | Pershing LLC, Jersey City, NJ | 232,655.9130 | 6.65% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 916,162.1790 | 26.18% |
| | LPL Financial, San Diego, CA | 205,718.8520 | 5.88% |
| | Stifel Nicolaus & Co Inc, Saint Louis, MO | 210,201.9660 | 6.01% |
| | First Clearing, LLC, St. Louis, MO | 399,104.8030 | 11.41% |
| | UBS WM USA, Jersey City, NJ | 206,476.2650 | 5.90% |
| | Raymond James, St. Petersburg, FL | 191,766.5200 | 5.48% |
| | Morgan Stanley & Co, Jersey City, NJ | 443,589.2150 | 12.68% |
| Federated Emerging Market Debt Fund– IS | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 323,011.1970 | 8.58% |
| | First Clearing, LLC, St. Louis, MO | 2,107,542.1240 | 55.96% |
| | Morgan Stanley & Co, Jersey City, NJ | 452,423.6380 | 12.01% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 224,015.3810 | 5.95% |
| | Fordyce & Co, Boston, MA | 311,105.9840 | 8.26% |
| Federated Global Allocation Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 1,124,756.2870 | 12.33% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 825,311,0990 | 9.05% |
| | Pershing LLC, Jersey City, NJ | 479,311.1880 | 5.26% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 461,023.4330 | 5.05% |
| | Paychex Securities Corporation W Henrietta, NY | 902,843.5980 | 9.90% |
| Federated Global Allocation Fund– B | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 116,029.5350 | 7.95% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 303,492.5210 | 20.79% |
| | Pershing, LLC, Jersey City, NJ | 328,094.8440 | 22.47% |
| | First Clearing, LLC, St. Louis, MO | 134,664.0870 | 9.22% |
| Federated Global Allocation Fund– C | | | |
| Federated Global Allocation Fund– IS | Wells Fargo Bank, NA FBO, Charlotte, NC | 326,196.8750 | 15.29% |
| | Sand Fleas Partners LP, Pittsburgh PA | 509,922.6530 | 23.90% |
| | Foxhoven Partners LP, Pittsburgh, PA | 114,605.5650 | 5.37% |
| | Richmond Farm LP, Pittsburgh, PA | 148,072.2210 | 6.94% |
| | Emjay Corporation Custodian, Greenwood Village, CO | 196,321.5340 | 9.20% |
| Federated Global Allocation Fund– R | | | |
| Federated Global Equity Fund– IS | FII Holdings Inc., Pittsburgh, PA | 1,017,940.7850 | 99.42% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated GNMA Trust– IS | National Financial Services LLC for the Exclusive Benefit of our Customers, Jersey City, NJ | 13,065,709.4700 | 40.20% |
| | Charles Schwab & Co Inc, San Francisco, CA | 6,067,799.5360 | 18.67% |
| | Community Trust Bank, Inc., Pikeville KY | 2,616,468.9550 | 8.05% |
| Federated GNMA Trust– SS | Pershing LLC, Jersey City, NJ | 822,938.6690 | 19.03% |
| | Bank of Guam, Hagatna, GU | 790,176.3360 | 18.27% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, Jersey City, NJ | 217,127.4560 | 5.02% |
| | Charles Schwab & Co Inc., San Francisco, CA | 225,755.7010 | 5.22% |
| | Paychex Securities Corporation Special Custody Account for the Exclusive Benefit of Customers, W Henrietta NY | 448,269.1490 | 10.36% |
| Federated Government Ultrashort Duration Fund– A | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 283,722.7010 | 10.04% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 255,465.9680 | 9.04% |
| | Pershing LLC, Jersey City, NJ | 191,855.6440 | 6.79% |
| | Trukan & Co Trust Company of Kansas, Wichita, KS | 240,540.1720 | 8.52% |
| | First Clearing, LLC, St. Louis, MO | 151,720.0420 | 5.37% |
| | UBS WM USA, Jersey City, NJ | 712,006.2120 | 25.21% |
| | Raymond James, St Petersburg, FL | 226,407.6540 | 8.02% |
| Federated Government Ultrashort Duration Fund– IS | National Financial Services LLC for the Exclusive Benefit of our Customer, Jersey City, NJ | 30,816,154.4540 | 42.01% |
| | Charles Schwab & Co Inc., San Francisco, CA | 9,166,010.7110 | 12.50% |
| | Morgan Stanley & Co, Jersey City, NJ | 4,140,119.6450 | 5.64% |
| Federated Government Ultrashort Duration Fund– SS | Bank of Guam, Hagatna, GU | 4,948,158.0220 | 8.22% |
| | Lincoln Life Insurance Co, Fort Wayne, IN | 42,977,823.5330 | 71.38% |
| Federated High Income Bond Fund, Inc.– A | Edward D Jones & Co for Benefit of Customers, Saint Louis, MO | 11,761,913.2510 | 10.32% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 8,831,045.7190 | 7.75% |
| | Pershing, LLC, Jersey City, NJ | 11,912,848.9820 | 10.45% |
| | First Clearing, LLC, St. Louis, MO | 9,673,823.3040 | 8.49% |
| | UBS WM USA, Jersey City, NJ | 6,103,901.4920 | 5.35% |
| | Raymond James, St Petersburg, FL | 8,797,379.3260 | 7.72% |
| | Planmember Services Corp, Kansas City, MO | 7,947,218.9770 | 6.97% |
| Federated High Income Bond Fund, Inc.– B | Edward D. Jones & Co for the Benefit of Customers, Saint Louis, MO | 912,026.1240 | 9.95% |
| | National Financial Services LLC for the Exlusive Benefit of our Customers, New York, NY | 559,186.3010 | 6.10% |
| | Pershing LLC, Jersey City, NJ | 1,213,097.6100 | 13.23% |
| | Charles Schwab & Co Inc., San Francisco, CA | 565,679.2740 | 6.17% |
| | MLPF&S for the sole Benefit of its Customers, Jacksonville, FL | 599,199.4670 | 6.54% |
| | First Clearing, LLC, St. Louis, MO | 2,369,075.0730 | 25.84% |
| | Raymond James, St Petersburg, FL | 676,420.2010 | 7.38% |
| Federated High Income Bond Fund, Inc.– C | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 1,811,516,5440 | 6.66% |
| | Pershing LLC, Jersey City, NJ | 1,847,995.6730 | 6.80% |
| | Charles Schwab & Co Inc., San Francisco, CA | 2,150,289.9830 | 7.91% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville FL | 2,129,985.4900 | 7.83% |
| | First Clearing, LLC, St. Louis, MO | 4,550,684.8780 | 16.73% |
| | UBS WM USA, Jersey City, NJ | 2,093,954.0720 | 7.70% |
| | Raymond James, St. Petersburg FL | 4,335,005.8700 | 15.94% |
| | Morgan Stanley & Co, Jersey City, NJ | 2,600,908.7760 | 9.56% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated High-Yield Strategy Portfolio | The Fulton Company, Lancaster, PA | 629,635.9750 | 40.85% |
| | Raymond James Omnibus for Mutual Funds, St. Petersburg, FL | 653,022.1490 | 42.36% |
| | Buwi & Co, Youngstown, OH | 170,602.0000 | 11.07% |
| | Maril & Co FBO NJ c/o M&I Trust Company NA, Milwaukee, WI | 79,757.0000 | 5.17% |
| Federated High Yield Trust– IS | National Financial Services LLC for the Exclusive Benefit of our Customers, Jersey City, NJ | 203,272.2250 | 60.51% |
| | Guartrust & Company 1, Chicago, IL | 116,711.7590 | 34.74% |
| Federated High Yield Trust– SS | National Financial Services LLC for the Exclusive Benefit of our Customers, Jersey City, NJ | 17,682,245.5130 | 26.85% |
| | Charles Schwab & Co Inc., San Francisco, CA | 23,491,670.5370 | 35.67% |
| Federated Inflation-Protected Securities Core Fund | Federated Real Return Bond Fund, Boston, MA | 5,311,475.7670 | 87.62% |
| | Federated Managed Tail Risk Fund II, Boston, MA | 744,368.7950 | 12.28% |
| Federated International Bond Fund– A | Edward Jones & Co for the benefit of our Customers, Saint Louis MO | 344,967.7750 | 7.15% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 314,845.9180 | 6.53% |
| | Pershing LLC, Jersey City NJ | 976,111.1210 | 20.24% |
| | Charles Schwab & Co Inc., San Francisco, CA | 318,135.6160 | 6.60% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville FL | 345,556.3940 | 7.17% |
| | UBS WM USA, Jersey City, NJ | 324,550.4210 | 6.73% |
| | Brown Brothers Harriman & Co As, Jersey City, NJ | 707,065.0000 | 14.66% |
| Federated International Bond Fund– B | Edward Jones & Co for the Benefit of Customers, Saint Louis MO | 35,560.4170 | 16.50% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 17,756.3300 | 8.24% |
| | Pershing LLC, Jersey City, NJ | 43,651.0280 | 20.26% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 28,029.2100 | 13.01% |
| | LPL Financial San Diego, CA | 12,321.5500 | 5.72% |
| | First Clearing, LLC, St Louis MO | 44,700.8580 | 20.74% |
| Federated International Bond Fund– C | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 109,143.6250 | 12.03% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 137,139.1940 | 15.11% |
| | First Clearing, LLC, St Louis, MO | 102,435.1840 | 11.29% |
| | UBS WM USA, Jersey City, NJ | 175,924.0400 | 19.39% |
| | Morgan Stanley & Co, Jersey City NJ | 111,162.8280 | 12.25% |
| Federated International Bond Strategy Portfolio | The Fulton Company, Lancaster, PA | 186,462.0010 | 40.30% |
| | Raymond James Omnibus For Mutual Funds, St. Petersburg, FL | 197,802.4760 | 42.75% |
| | Buwi & Co, Youngstown, OH | 51,896.0000 | 11.22% |
| | Maril & Co FBO NJ c/o M&I Trust Company NA, Milwaukee, WI | 23,999.000 | 5.19% |
| Federated Intermediate Corporate Bond Fund– IS | National Financial Services LLC for the Exclusive Benefit of our Customers, Jersey City, NJ | 3,986,883.7390 | 20.26% |
| | Charles Schwab & Co Inc., San Francisco, CA | 4,153,655.1030 | 21.11% |
| | FNB Nominee Co, Indiana, PA | 1,508,318.7170 | 7.66% |
| | CPF Managed Portfolio, III | 2,576,058.5570 | 13.09% |
| | DBTCO 0, Dubuque, IA | 1,147,805.1040 | 5.83% |
| Federated Intermediate Corporate Bond Fund– SS | National Financial Services LLC for the Exclusive Benefit of our Customers, Jersey City, NJ | 1,297,208.3460 | 34.75% |
| | RSBCO, Ruston, LA | 390,065.3160 | 10.45% |
| | Nationwide Life Insurance Company, Columbus OH | 250,167.0150 | 6.70% |
| | Planmember Services Corp, Kansas City, MO | 1,213,573.3320 | 32.51% |
| Federated InterContinental Fund– A | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 1,006,497.5230 | 18.33% |
| | Pershing LLC, Jersey City, NJ | 1,965,391.9270 | 35.79% |
| | American Enterprise INV SVC, Minneapolis, MN | 402,669.4480 | 7.33% |
| | Genworth Financial Trust Company, Phoenix, AZ | 328,105.7840 | 5.98% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated InterContinental Fund– B | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 21,961.0990 | 11.81% |
| | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 9,357.9760 | 5.03% |
| | National Financial Services LLC for the Exclusive Benefit of our Customers, New York, NY | 23,867.3080 | 12.83% |
| | Pershing LLC, Jersey City, NJ | 28,801.5490 | 15.48% |
| | First Clearing, LLC, St Louis, MO | 22,299.5230 | 11.99% |
| Federated InterContinental Fund– C | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 111,962.1550 | 13.27% |
| | First Clearing, LLC, Special Custody Acct for the Exclusive Benefit of Customer, St Louis, MO | 48,003.3240 | 5.69% |
| | UBS WM USA, Jersey City, NJ | 83,165.1670 | 9.86% |
| | Morgan Stanley & Co, Jersey City, NJ | 93,625.8290 | 11.10% |
| Federated InterContinental Fund– IS | Federated Stock and Bond Fund State Street Corporation, Boston, MA | 725,362.5760 | 13.58% |
| | Federated Managed Tail Risk Fund II, Boston, MA | 688,851.7820 | 12.90% |
| | National Financial Services, LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 644,773.6870 | 12.08% |
| | Bancorpsouth, Jackson, MS | 269,493.5720 | 5.05% |
| | Enterprise Trust & Investment Co, Los Gatos, CA | 336,936.9660 | 6.31% |
| | Reliance Trust Co, Atlanta, GA | 405,319.5230 | 7.59% |
| | Firtan, Manhattan, KS | 346,692.5620 | 6.49% |
| Federated InterContinental Fund– R | Frontier Trust Company FBO, Fargo, ND | 7,171.7960 | 6.85% |
| Federated InterContinental Fund– R6 | Federated Global Investment Mgmt Company, Pittsburgh, PA | 1.9600 | 100.00% |
| Federated Intermediate Government/Corporate Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 5,671,385.8780 | 55.04% |
| | Nationwide Trust Company FSB, Columbus, OH | 787,918.3480 | 7.65% |
| | BUWI & Co, Youngstown, OH | 528,687.3270 | 5.13% |
| | Reliance Trust Company, Atlanta, GA | 1,522,345.9580 | 14.77% |
| Federated Intermediate Government/Corporate Fund– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 262,804.1740 | 7.80% |
| | Charles Schwab & Co Inc, San Francisco, CA | 2,762,048.2480 | 81.97% |
| Federated Intermediate Government Fund, Inc.– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 108,773.9420 | 13.66% |
| | FPB & Co First & Peoples Bank, Russell, KY | 97,596.8600 | 12.26% |
| | Suffolk County National Bank, Bohemia, NY | 58,527.4760 | 7.35% |
| | Nationwide Trust Company FSB, Columbus, OH | 289,804.1480 | 36.39% |
| | Treynor State Bank, Treynor, IA | 84,552.6460 | 10.62% |
| | MG Trust Co as Agent for NTC & Co Custodian FBO, Denver, CO | 64,937.7510 | 8.15% |
| Federated Intermediate Government Fund, Inc.– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 103,311.7320 | 5.12% |
| | RSBCO, Ruston, LA | 172,430.1370 | 8.54% |
| | Charles Schwab & Co Inc, San Francisco, CA | 207,984.2000 | 10.30% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 325,576.1620 | 16.13% |
| Federated Institutional High Yield Bond– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 48,261,724.1280 | 18.12% |
| | Charles Schwab & Co Inc, San Francisco, CA | 23,675,416.8580 | 8.89% |
| | J P Morgan Clearing Corp Omnibus Acct for the Exclusive Benefit of Customers, Brooklyn, NY | 59,379,991.7830 | 22.29% |
| | Raymond James Omnibus for Mutual Funds House Acct Firm 92500015, St Petersburg, FL | 17,110,917.6730 | 6.42% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated International Leaders Fund– A | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 1,323,541.0200 | 10.91% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 2,161,223.2510 | 17.82% |
| | Pershing LLC, Jersey City, NJ | 921,884.4790 | 7.60% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 1,059,352.0190 | 8.73% |
| | American Enterprise INV SVC, Minneapolis, MN | 1,256,337.1850 | 10.36% |
| | UBS WM USA, Jersey City, NJ | 626,502.3110 | 5.17% |
| Federated International Leaders Fund– B | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 76,710.1230 | 10.85% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 70,905.9900 | 10.03% |
| | Pershing LLC, Jersey City, NJ | 60,906.6000 | 8.62% |
| | Charles Schwab & Co Inc, San Francisco, CA | 47,410.9410 | 6.71% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 92,097.9600 | 13.03% |
| | First Clearing, LLC, St Louis, MO | 114,590.9780 | 16.21% |
| | American Enterprise INV SVC, Minneapolis, MN | 99,098.1180 | 14.02% |
| Federated International Leaders Fund– C | Pershing LLC, Jersey City, NJ | 87,106.6400 | 6.13% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 262,416.6430 | 18.47% |
| | First Clearing, LLC, St Louis, MO | 223,501.3360 | 15.73% |
| | American Enterprise INV SVC, Minneapolis, MN | 96,723.2800 | 6.81% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 78,286.5420 | 5.51% |
| | Morgan Stanley & Co, Jersey City, NJ | 104,596.5890 | 7.36% |
| Federated International Leaders Fund– IS | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 533,791.4240 | 5.65% |
| | First National Trust Company, Johnstown, PA | 592,863.6240 | 6.27% |
| | First Clearing, LLC, St Louis, MO | 972,093.1560 | 10.29% |
| | Morgan Stanley & Co, Jersey City, NJ | 584,680.5830 | 6.19% |
| | Emjay Corporation Custodian FBO Plans of RPSA Customers, Greenwood VLG, CO | 656,470.4480 | 6.95% |
| | Frontier Trust Co FBO, Fargo, ND | 629,479.3900 | 6.66% |
| | Maril & Co FBO NG, Milwaukee, WI | 3,038,134.0900 | 32.16% |
| Federated International Leaders Fund– R | Federated Global Investment Mgmt Company, Pittsburgh, PA | 3.6930 | 100.00% |
| Federated International Leaders Fund– R6 | Federated Global Investment Mgmt Company, Pittsburgh, PA | 3.3000 | 100.00% |
| Federated International Small-Mid Company Fund– A | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 271,370.3460 | 8.14% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 393,986.9830 | 11.82% |
| | Pershing LLC, Jersey City, NJ | 212,424.1140 | 6.37% |
| | Charles Schwab & Co Inc, San Francisco, CA | 173,638.1130 | 5.21% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 309,889.0020 | 9.30% |
| | First Clearing, LLC, St Louis, MO | 199,269.2610 | 5.98% |
| | Morgan Stanley & Co, Jersey City, NJ | 176,551.7740 | 5.30% |
| Federated International Small-Mid Company Fund– B | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 24,087.1500 | 13.35% |
| | Pershing LLC, Jersey City, NJ | 26,366.8760 | 14.61% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 9,791.4540 | 5.43% |
| | Stifel Nicolaus & Co Inc Exclusive Benefit of Customers, Saint Louis, MO | 9,606.7870 | 5.32% |
| | First Clearing, LLC, St Louis, MO | 15,424.7110 | 8.55% |
| | Morgan Stanley & Co, Jersey City, NJ | 10,176.3280 | 5.64% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated International Small-Mid Company Fund– C | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 101,953.7140 | 15.16% |
| | Pershing LLC, Jersey City, NJ | 38,670.9120 | 5.75% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 82,995.3360 | 12.34% |
| | First Clearing, LLC, St Louis, MO | 46,575.6040 | 6.93% |
| | UBS WM USA, Jersey City, NJ | 48,702.4830 | 7.24% |
| | Morgan Stanley & Co, Jersey City, NJ | 54,218.9900 | 8.06% |
| Federated International Small-Mid Company Fund– IS | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 30,578.7520 | 5.47% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 91,871.5840 | 16.44% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 251,856.6940 | 45.08% |
| | PIMS/Prudential Retirement, Houston, TX | 33,460.4160 | 5.99% |
| Federated International Strategic Value Dividend Fund– A | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 6,315,946.2430 | 11.36% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 5,805,522.0860 | 10.44% |
| | Pershing LLC, Jersey City, NJ | 3,850,361.2380 | 6.93% |
| | Charles Schwab & Co Inc, San Francisco, CA | 10,809,218.0780 | 19.44% |
| | American Enterprise INV SVC, Minneapolis, MN | 7,252,199.9230 | 13.05% |
| | UBS WM USA, Jersey City, NJ | 5,862,052.3490 | 10.54% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 4,103,753.0150 | 7.38% |
| Federated International Strategic Value Dividend Fund– C | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 1,225,685.0690 | 8.01% |
| | Pershing LLC, Jersey City, NJ | 1,768,708.1990 | 11.56% |
| | First Clearing, LLC, St Louis, MO | 1,772,917.0470 | 11.59% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 5,104,643.3200 | 33.36% |
| | Morgan Stanley & Co, Jersey City, NJ | 1,685,696.3550 | 11.02% |
| Federated International Strategic Value Dividend Fund– IS | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 4,317,611.7860 | 6.56% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 11,268,706.4060 | 17.12% |
| | Charles Schwab & Co Inc, San Francisco, CA | 13,937,737.6530 | 21.17% |
| | First Clearing, LLC, St Louis, MO | 8,287,692.9300 | 12.59% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 7,193,772.4850 | 10.93% |
| | Morgan Stanley & Co, Jersey City, NJ | 7,343,437.3420 | 11.15% |
| Federated Income Trust– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 3,596,427.7200 | 9.40% |
| | Charles Schwab & Co Inc, San Francisco, CA | 16,278,201.1590 | 42.55% |
| | LPL Financial, San Diego, CA | 3,272,489.0140 | 8.55% |
| Federated Income Trust– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 286,433.4440 | 10.10% |
| | Fidelity State Bank & Trust Co, Dodge City, KS | 398,977.3950 | 14.07% |
| | Mainsource Bank, Greensburg, IN | 264,438.3650 | 9.32% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 1,103,669.3410 | 38.92% |
| Federated Kaufmann Fund– A | Edward D Jones & Co, Saint Louis, MO | 41,659,890.9210 | 17.60% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 18,643,078.3470 | 7.87% |
| | Pershing LLC, Jersey City, NJ | 19,232,885.2270 | 8.12% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 14,787,810.0080 | 6.25% |
| | First Clearing, LLC, St Louis, MO | 22,168,253.2870 | 9.36% |
| | UBS WM USA, Jersey City, NJ | 13,802,470.0510 | 5.83% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Kaufmann Fund– B | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 3,502,084.1680 | 12.70% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 3,120,481.0000 | 11.31% |
| | Pershing LLC, Jersey City, NJ | 4,946,075.6520 | 17.93% |
| | First Clearing, LLC, St Louis, MO | 4,318,157.5540 | 15.66% |
| Federated Kaufmann Fund– C | Pershing LLC, Jersey City, NJ | 4,625,255.1500 | 6.38% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 12,792,318.6490 | 17.64% |
| | First Clearing, LLC, St Louis, MO | 9,700,793.9160 | 13.38% |
| | UBS WM USA, Jersey City, NJ | 6,227,971.1420 | 8.59% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 3,923,657.6570 | 5.41% |
| | Morgan Stanley & Co, Jersey City, NJ | 10,097,704.4800 | 13.92% |
| Federated Kaufmann Fund– R | Charles Schwab & Co Inc, San Francisco, CA | 43,705,445.8860 | 8.45% |
| Federated Kaufmann Large Cap Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 2,514,266.4460 | 12.24% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 1,285,417.8550 | 6.26% |
| | Pershing LLC, Jersey City, NJ | 2,606,105.4020 | 12.69% |
| | LPL Financial, San Diego, CA | 1,331,428.6670 | 6.48% |
| | American Enterprise INV SVC, Minneapolis, MN | 1,540,111.4840 | 7.50% |
| | UBS WM USA, Jersey City, NJ | 4,689,134.3350 | 22.82% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 1,490,707.1720 | 7.26% |
| Federated Kaufmann Large Cap Fund– C | Merrill Lynch Pierce Fenner & Smith for the Sole Benefits of its Customers, Jacksonville, FL | 2,729,025.4610 | 26.58% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 536,845.3700 | 5.23% |
| | First Clearing, LLC, St Louis, MO | 1,843,125.5190 | 17.95% |
| | UBS WM USA, Jersey City, NJ | 1,060,512.5370 | 10.33% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 1,281,775.9660 | 12.48% |
| | Morgan Stanley & Co, Jersey City, NJ | 1,216,984.1010 | 11.85% |
| Federated Kaufmann Large Cap Fund– IS | Merrill Lynch Pierce Fenner & Smith for the Sole Benefits of its Customers, Jacksonville, FL | 4,229,391.3010 | 22.42% |
| | First Clearing, LLC, St Louis, MO | 2,308,059.5770 | 12.24% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 975,272.1900 | 5.17% |
| | Morgan Stanley & Co, Jersey City, NJ | 2,361,523.6580 | 12.52% |
| | DCGT as TTEE and/or Cust, Des Moines, IA | 1,853,441.1360 | 9.83% |
| Federated Kaufmann Large Cap Fund– R | Merrill Lynch Pierce Fenner & Smith for the Sole Benefits of its Customers, Jacksonville, FL | 74,647.3530 | 8.24% |
| Federated Kaufmann Small Cap Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 1,340,341.7650 | 8.12% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 2,199,380.0960 | 13.33% |
| | Pershing LLC, Jersey City, NJ | 1,162,603.3670 | 7.04% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 940,041.3350 | 5.70% |
| | First Clearing, LLC, St Louis, MO | 1,630,422.2900 | 9.88% |
| Federated Kaufmann Small Cap Fund– B | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 97,440.1380 | 7.04% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 120,454.7540 | 8.70% |
| | Pershing LLC, Jersey City, NJ | 281,873.7260 | 20.37% |
| | LPL Financial, San Diego, CA | 79,218.6480 | 5.72% |
| | First Clearing, LLC, St Louis, MO | 189,312.7350 | 13.68% |
| | Morgan Stanley & Co, Jersey City, NJ | 85,429.8550 | 6.17% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Kaufmann Small Cap Fund– C | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 786,915.8710 | 11.98% |
| | Pershing LLC, Jersey City, NJ | 412,752.3080 | 6.29% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 977,055.1120 | 14.88% |
| | First Clearing, LLC, St Louis, MO | 868,160.4910 | 13.22% |
| | UBS WM USA, Jersey City, NJ | 425,188.4830 | 6.48% |
| | Morgan Stanley & Co, Jersey City, NJ | 896,969.2220 | 13.66% |
| Federated MDT All Cap Core Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 191,768.2280 | 9.80% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 106,474.2030 | 5.44% |
| | UBS WM USA, Jersey City, NJ | 450,793.8840 | 23.03% |
| | RBC Capital Markets LLC, Minneapolis, MN | 128,169.7720 | 6.55% |
| | Morgan Stanley & Co, Jersey City, NJ | 174,008.0720 | 8.89% |
| | Paychex Securities Corporation Special Custody Account for the Exclusive Benefit of Customers, W Henrietta, NY | 160,805.2100 | 8.21% |
| Federated MDT All Cap Core Fund– C | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 152,049.3550 | 9.01% |
| | First Clearing, LLC, St Louis, MO | 117,975.3830 | 6.99% |
| | UBS WM USA, Jersey City, NJ | 149,549.3420 | 8.86% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 150,098.3480 | 8.89% |
| | Morgan Stanley & Co, Jersey City, NJ | 587,444.7480 | 34.79% |
| Federated MDT All Cap Core Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 121,286.7210 | 5.26% |
| | Federated Private Asset Mgmt Inc, Pittsburgh, PA | 295,524.4550 | 12.82% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 577,204.7160 | 25.04% |
| Federated MDT Balanced Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 603,282.1730 | 17.27% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 326,713.1750 | 9.35% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 604,094.8670 | 17.29% |
| | Paychex Securities Corporation Special Custody Account for the Exclusive Benefit of Customers, W Henrietta, NY | 266,128.6880 | 7.62% |
| Federated MDT Balanced Fund– IS | State Street Bank and Trust Company, Needham, MA | 275,858.8130 | 8.59% |
| | Emjay Corporation Custodian, Greenwood Village, CO | 420,128.8650 | 13.09% |
| Federated MDT Balanced Fund– R | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 11,190.4210 | 38.68% |
| | David M Bowers 401 K Savings Plan, Eighty Four, PA | 2,582.3180 | 8.93% |
| | Fifth Third Bank TTEE, Cincinnati, OH | 13,626.3150 | 47.10% |
| Federated Mortgage Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 3,805,131.3450 | 20.05% |
| | FNB Nominee Co, Indiana, PA | 1,741,571.7240 | 9.18% |
| | Charles Schwab & Co Inc, San Francisco, CA | 2,264,171.1670 | 11.93% |
| | FNB Nominee Co, Indiana, PA | 1,039,621.8300 | 5.48% |
| | CPF Managed Portfolio III, Pittsburgh, PA | 7,629,189.2520 | 40.20% |
| Federated Mortgage Fund– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 283,937.7320 | 6.69% |
| | RSBCO, Ruston, LA | 246,811.4660 | 5.82% |
| | FNB Nominee Co, Indiana, PA | 2,100,498.8720 | 49.50% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 269,758.8460 | 6.36% |
| | Suntrust Bank FBO, Greenwood VLG, CO | 635,916.7950 | 14.99% |
| Federated Mortgage Core Portfolio | Federated Strategic Income Fund, North Quincy, MA | 16,088,667.5010 | 9.59% |
| | Federated Total Return Bond Fund, Quincy, MA | 131,270,708.8740 | 78.28% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Mortgage Strategy Portfolio | The Fulton Company, Lancaster, PA | 1,835,601.9960 | 35.38% |
| | Raymond James Omnibus for Mutual Funds, St. Petersburg, FL | 1,725,535.2900 | 33.26% |
| | Morgan Stanley & Co, Jersey City, NJ | 876,160.7620 | 16.89% |
| | Buwi & Co, Youngstown, OH | 471,453.0000 | 9.09% |
| Federated Municipal High Yield Advantage Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 5,475,668.0840 | 20.58% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 2,057,740.4980 | 7.73% |
| | Pershing LLC, Jersey City, NJ | 2,741,873.6820 | 10.31% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 1,490,169.3660 | 5.60% |
| | First Clearing, LLC, St Louis, MO | 2,254,872.6140 | 8.48% |
| | UBS WM USA, Jersey City, NJ | 1,613,581.0260 | 6.06% |
| Federated Municipal High Yield Advantage Fund– B | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 467,237.5400 | 24.07% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 176,949.3340 | 9.11% |
| | Pershing LLC, Jersey City, NJ | 142,685.6650 | 7.35% |
| | First Clearing, LLC, St Louis, MO | 485,152.8160 | 24.99% |
| Federated Municipal High Yield Advantage Fund– C | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 432,351.6070 | 6.62% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 867,949.0610 | 13.30% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 600,195.1190 | 9.19% |
| | First Clearing, LLC, St Louis, MO | 1,598,668.2720 | 24.49% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 900,681.2270 | 13.80% |
| | Morgan Stanley & Co, Jersey City, NJ | 510,093.7990 | 7.81% |
| Federated Municipal High Yield Advantage Fund– F | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 5,760,376.1620 | 26.10% |
| | Pershing LLC, Jersey City, NJ | 4,984,939.9210 | 22.59% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 2,243,950.1820 | 10.17% |
| | First Clearing, LLC, St Louis, MO | 1,874,626.2130 | 8.49% |
| Federated Municipal High Yield Advantage Fund– IS | First Clearing, LLC, St Louis, MO | 294,522.6450 | 98.44% |
| Federated MDT Large Cap Growth Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 434,405.8280 | 11.92% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 380,396.4030 | 10.44% |
| | Pershing LLC, Jersey City, NJ | 303,137.4420 | 8.32% |
| | Charles Schwab & Co Inc, San Francisco, CA | 188,094.0110 | 5.16% |
| | First Clearing, LLC, St Louis, MO | 347,146.3350 | 9.53% |
| Federated MDT Large Cap Growth Fund– B | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 30,434.2070 | 5.10% |
| | Pershing LLC, Jersey City, NJ | 81,761.3390 | 13.69% |
| | First Clearing, LLC, St Louis, MO | 273,412.7540 | 45.78% |
| Federated MDT Large Cap Growth Fund– C | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 100,224.5590 | 12.91% |
| | First Clearing, LLC, St Louis, MO | 136,678.8900 | 17.61% |
| Federated MDT Large Cap Growth Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 142,370.0220 | 37.25% |
| | Lebank Lake Elmo Bank, Oakdale, MN | 66,850.1160 | 17.49% |
| | Firnal of Waverly, Waverly, IA | 63,134.9020 | 16.52% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated MDT Mid Cap Growth Strategies Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 440,953.9710 | 7.93% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 548,553.5840 | 9.86% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 343,903.6040 | 6.18% |
| Federated MDT Mid Cap Growth Strategies Fund– B | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 7,980.0720 | 7.31% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 8,653.2080 | 7.92% |
| | Pershing LLC, Jersey City, NJ | 6,937.2320 | 6.35% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 6,043.6550 | 5.53% |
| | First Clearing, LLC, St Louis, MO | 16,094.0000 | 14.73% |
| Federated MDT Mid Cap Growth Strategies Fund– C | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 21,744.0220 | 7.31% |
| | Pershing LLC, Jersey City, NJ | 19,650.3300 | 6.60% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 27,758.1390 | 9.33% |
| | Morgan Stanley & Co, Jersey City, NJ | 17,295.8730 | 5.81% |
| Federated MDT Mid Cap Growth Strategies Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 1,005,617.6580 | 49.50% |
| | FII Holding Inc, Pittsburgh, PA | 225,275.9630 | 11.09% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 558,789.4960 | 27.51% |
| Federated MDT Mid Cap Growth Strategies Fund– R | Planmember Services Corp, Kansas City, MO | 73,094.3220 | 76.06% |
| | Emjayco FBO, Greenwood VLG, CO | 6,633.2740 | 6.90% |
| Federated Muni and Stock Advantage Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 15,138,634.6290 | 49.99% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 1,639,153.1180 | 5.41% |
| | Pershing LLC, Jersey City, NJ | 2,217,377.2450 | 7.32% |
| | American Enterprise INV SVC, Minneapolis, MN | 1,539,061.3140 | 5.08% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 1,704,668.1830 | 5.63% |
| Federated Muni and Stock Advantage Fund– B | Edward D Jones & Co, Saint Louis, MO | 941,030.3980 | 38.09% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 147,973.1800 | 5.99% |
| | Pershing LLC, Jersey City, NJ | 248,326.3320 | 10.05% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 187,022.1190 | 7.57% |
| | First Clearing, LLC, St Louis, MO | 262,372.5170 | 10.62% |
| | American Enterprise INV SVC, Minneapolis, MN | 202,910.0300 | 8.21% |
| Federated Muni and Stock Advantage Fund– C | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 899,793.0290 | 7.97% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 569,388.6060 | 5.04% |
| | Pershing LLC, Jersey City, NJ | 819,498.0360 | 7.26% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 2,029,616.6710 | 17.98% |
| | First Clearing, LLC, St Louis, MO | 2,043,888.8280 | 18.10% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 1,959,554.2160 | 17.36% |
| | Morgan Stanley & Co, Jersey City, NJ | 878,734.2510 | 7.78% |
| Federated Muni and Stock Advantage Fund– F | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 3,118,716.6810 | 57.54% |
| | Pershing LLC, Jersey City, NJ | 1,297,293.9690 | 23.93% |
| | First Clearing, LLC, St Louis, MO | 409,463.9860 | 7.55% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Muni and Stock Advantage Fund– IS | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 668,706.4200 | 20.44% |
| | Pershing LLC, Jersey City, NJ | 209,232.9190 | 6.40% |
| | LPL Financial, San Diego, CA | 184,121.9990 | 5.63% |
| | First Clearing, LLC, St Louis, MO | 788,276.0130 | 24.09% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 279,234.2660 | 8.54% |
| | Morgan Stanley & Co, Jersey City, NJ | 800,534.0810 | 24.47% |
| Federated MDT Small Cap Core Fund– A | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 20,611.6120 | 7.53% |
| | Charles Schwab & Co Inc, San Francisco, CA | 37,474.5290 | 13.69% |
| | RBC Capital Markets LLC, Minneapolis, MN | 71,850.1940 | 26.25% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 17,546.7280 | 6.41% |
| | Paychex Securities Corporation Special Custody Account for the Exclusive Benefit of Customers, W Henrietta, NY | 18,170.7110 | 6.64% |
| Federated MDT Small Cap Core Fund– C | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 79,170.2210 | 31.20% |
| | First Clearing, LLC, St Louis, MO | 15,745.2980 | 6.21% |
| | UBS WM USA, Jersey City, NJ | 15,582.6330 | 6.14% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 50,829.4600 | 20.03% |
| | Capital Bank Trustco, Greenwood VLG, CO | 32,429.7350 | 12.78% |
| Federated MDT Small Cap Core Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 639,757.1680 | 63.92% |
| | Amboy National Bank Trust Dept, Old Bridge, NJ | 156,531.6690 | 15.64% |
| Federated MDT Small Cap Growth Fund– A | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 145,558.9650 | 7.92% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 137,907.2240 | 7.51% |
| | Pershing LLC, Jersey City, NJ | 127,218.2790 | 6.92% |
| | LPL Financial, San Diego, CA | 116,445.3860 | 6.34% |
| | First Clearing, LLC, St Louis, MO | 139,026.3380 | 7.57% |
| Federated MDT Small Cap Growth Fund– B | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 14,470.5620 | 11.23% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 6,613.6140 | 5.13% |
| | Pershing LLC, Jersey City, NJ | 13,663.1330 | 10.61% |
| | Charles Schwab & Co Inc, San Francisco, CA | 8,359.9370 | 6.49% |
| | First Clearing, LLC, St Louis, MO | 18,791.3540 | 14.59% |
| | UBS WM USA, Jersey City, NJ | 12,889.0930 | 10.01% |
| Federated MDT Small Cap Growth Fund– C | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 35,478.6260 | 10.84% |
| | Charles Schwab & Co Inc, San Francisco, CA | 84,988.2810 | 25.96% |
| | First Clearing, LLC, St Louis, MO | 49,449.0440 | 15.10% |
| | RBC Capital Markets LLC, Minneapolis, MN | 22,902.5870 | 7.00% |
| Federated MDT Small Cap Growth Fund– IS | Pershing LLC, Jersey City, NJ | 333,345.5270 | 17.72% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 845,183.8420 | 44.92% |
| | LPL Financial, San Diego, CA | 353,983.3770 | 18.82% |
| | First Clearing, LLC, St Louis, MO | 152,688.6620 | 8.12% |
| Federated Municipal Securities Fund, Inc.– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 5,013,208.9510 | 13.18% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 2,616,590.6040 | 6.88% |
| | Pershing LLC, Jersey City, NJ | 2,022,985.2050 | 5.32% |
| | First Clearing, LLC, St Louis, MO | 3,332,622.6800 | 8.76% |
| | UBS WM USA, Jersey City, NJ | 1,907,727.0410 | 5.02% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Municipal Securities Fund, Inc.– B | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 211,183.1800 | 22.87% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 99,978.1680 | 10.83% |
| | Pershing LLC, Jersey City, NJ | 187,542.8160 | 20.31% |
| | Charles Schwab & Co Inc, San Francisco, CA | 53,905.5370 | 5.84% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 54,237.9070 | 5.87% |
| | First Clearing, LLC, St Louis, MO | 165,329.0020 | 17.91% |
| Federated Municipal Securities Fund, Inc.– C | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 140,294.6280 | 6.18% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 313,603.6740 | 13.81% |
| | Pershing LLC, Jersey City, NJ | 152,631.5850 | 6.72% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 424,845.3960 | 18.71% |
| | LPL Financial, San Diego, CA | 162,646.2200 | 7.16% |
| | First Clearing, LLC, St Louis, MO | 258,855.3800 | 11.40% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 172,652.9790 | 7.60% |
| | Morgan Stanley & Co, Jersey City, NJ | 192,959.9100 | 8.50% |
| Federated Municipal Securities Fund, Inc.– F | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 741,652.6050 | 37.26% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 397,861.6400 | 19.99% |
| | Pershing LLC, Jersey City, NJ | 295,937.5170 | 14.87% |
| | LPL Financial, San Diego, CA | 115,221.4890 | 5.79% |
| | First Clearing, LLC, St Louis, MO | 177,996.4310 | 8.94% |
| Federated MDT Stock Trust– IS | FII Holding Inc, Pittsburgh, PA | 118,962.3760 | 8.77% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 1,028,318.6190 | 75.79% |
| Federated MDT Stock Trust– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 1,197,707.5700 | 14.64% |
| | Charles Schwab & Co Inc, San Francisco, CA | 1,056,986.5770 | 12.92% |
| | Emjay Corporation Custodian, Greenwood Village, CO | 815,004.9680 | 9.96% |
| | Paychex Securities Corporation Special Custody Account for the Exclusive Benefit of Customers, Henrietta, NY | 692,979.4200 | 8.47% |
| Federated Municipal Ultrashort Fund– A | Pershing LLC, Jersey City, NJ | 9,320,703.1910 | 5.19% |
| | First Clearing, LLC, St Louis, MO | 26,223,875.9660 | 14.61% |
| | UBS WM USA, Jersey City, NJ | 59,767,082.4540 | 33.29% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 11,774,410.0270 | 6.56% |
| | Morgan Stanley & Co, Jersey City, NJ | 41,078,047.9700 | 22.88% |
| Federated Municipal Ultrashort Fund– IS | Pershing LLC, Jersey City, NJ | 29,167,309.8730 | 16.27% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 22,357,413.8190 | 12.47% |
| | The Mechanics Bank TTEE, Richmond, CA | 16,389,902.7970 | 9.14% |
| | Charles Schwab & Co Inc, San Francisco, CA | 27,229,959.1760 | 15.19% |
| | First Clearing, LLC, St Louis, MO | 11,655,631.0770 | 6.50% |
| | Morgan Stanley & Co, Jersey City, NJ | 10,952,275.3140 | 6.11% |
| Federated Project and Trade Finance Core Fund | Federated Total Return Bond Fund, Boston MA | 22,470,645.0300 | 58.96% |
| | Federated Strategic Income Fund, Boston, MA | 2,712,705.8490 | 7.12% |
| | Federated Floating Rate Strategic Income Fund, Boston, MA | 4,573,360.3280 | 12.00% |
| | H-E-B Brand Savings & Retirement Plan Trust, San Antonio, TX | 2,586,045.4450 | 6.79% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Prudent Bear Fund– A | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 16,100,636.8730 | 14.42% |
| | Pershing LLC, Jersey City, NJ | 8,900,531.2530 | 7.97% |
| | American Enterprise INV SVC, Minneapolis, MN | 7,846,806.5480 | 7.03% |
| | UBS WM USA, Jersey City, NJ | 20,015,890.2350 | 17.93% |
| | Charles Schwab & Co Inc, San Francisco, CA | 17,932,140.4510 | 16.06% |
| Federated Prudent Bear Fund– C | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 2,756,226.9730 | 10.97% |
| | Stifel Nicolaus & Co Inc, St Louis, MO | 1,573,046.0560 | 6.26% |
| | First Clearing, LLC, St Louis, MO | 3,254,613.8280 | 12.95% |
| | UBS WM USA, Jersey City, NJ | 4,691,941.1610 | 18.67% |
| | Morgan Stanley & Co, Jersey City, NJ | 4,963,344.1880 | 19.75% |
| Federated Prudent Bear Fund– IS | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 36,856,767.1980 | 35.86% |
| | First Clearing, LLC, St Louis, MO | 10,158,172.1130 | 9.88% |
| | Morgan Stanley & Co, Jersey City, NJ | 20,252,316.7080 | 19.70% |
| | Calhoun & Co, Detroit, MI | 5,463,829.3920 | 5.32% |
| Federated Prudent DollarBear Fund– A | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 1,506,908.0880 | 14.52% |
| | LPL Financial, San Diego, CA | 848,429.6120 | 8.17% |
| | American Enterprise INV SVC, Minneapolis, MN | 533,433.8960 | 5.14% |
| | Charles Schwab & Co Inc, San Francisco, CA | 3,062,191.7030 | 29.50% |
| Federated Prudent DollarBear Fund– C | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 89,079.7600 | 7.56% |
| | Pershing LLC, Jersey City, NJ | 97,779.2870 | 8.30% |
| | First Clearing, LLC, St Louis, MO | 223,501.5440 | 18.97% |
| | UBS WM USA, Jersey City, NJ | 182,363.4100 | 15.48% |
| | Morgan Stanley & Co, Jersey City, NJ | 101,409.2030 | 8.61% |
| Federated Prudent DollarBear Fund– IS | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 392,715.6780 | 21.18% |
| | Douglas Cleve Noland Kui Cai JT Wros, Pittsburgh, PA | 174,586.1290 | 9.42% |
| | Twin Cities Public Television Inc, Saint Paul, MN | 107,613.3600 | 5.80% |
| | First Clearing, LLC, St Louis, MO | 702,394.6850 | 37.88% |
| | Morgan Stanley & Co, Jersey City, NJ | 195,108.1200 | 10.52% |
| Federated Real Return Bond Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 268,521.4010 | 10.40% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 1,300,994.6470 | 50.40% |
| | Pershing LLC, Jersey City, NJ | 179,966.4990 | 6.97% |
| | First Clearing, LLC, St Louis, MO | 164,140.1320 | 6.36% |
| Federated Real Return Bond Fund– C | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 119,018.2550 | 9.98% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 139,889.5290 | 11.73% |
| | First Clearing, LLC, St Louis, MO | 86,855.8180 | 7.29% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Real Return Bond Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 522,399.1250 | 23.78% |
| | Farmers State Bank, Lagrange, IN | 125,313.3190 | 5.70% |
| | Charles Schwab & Co Inc, San Francisco, CA | 285,178.1460 | 12.98% |
| | Pioneer Bank & Trust, Belle Fourche, SD | 517,598.3810 | 23.56% |
| | First County Bank, Stamford, CT | 132,553.7060 | 6.03% |
| | Fifth Third Bank, Cincinnati, OH | 139,024.5620 | 6.33% |
| Federated Floating Rate Strategic Income Fund– A | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 1,671,167.0490 | 10.60% |
| | Pershing LLC, Jersey City, NJ | 1,540,147.0170 | 9.77% |
| | LPL Financial, San Diego, CA | 1,169,626.1030 | 7.42% |
| | First Clearing, LLC, St Louis, MO | 1,426,963.7520 | 9.05% |
| | American Enterprise INV SVC, Minneapolis, MN | 928,441.3900 | 5.89% |
| | UBS WM USA, Jersey City, NJ | 4,719,515.7780 | 29.94% |
| | Morgan Stanley & Co, Jersey City, NJ | 1,686,536.2370 | 10.70% |
| Federated Floating Rate Strategic Income Fund– IS | Pershing LLC, Jersey City, NJ | 760,878.2330 | 5.30% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 1,178,799.8620 | 8.21% |
| | Senat, Moline, IL | 854,204.2520 | 5.95% |
| | Charles Schwab & Co Inc, San Francisco, CA | 871,692.7160 | 6.07% |
| | FII Holdings Inc, Pittsburgh, PA | 3,492,736.4280 | 24.34% |
| | Morgan Stanley & Co, Jersey City, NJ | 1,313,937.4870 | 9.16% |
| | Fifth Third Bank TTEE, Cincinnati, OH | 808,924.6930 | 5.64% |
| | Carabec, Clive, IA | 1,214,418.6460 | 8.46% |
| Federated Short-Intermediate Duration Municipal Trust– A | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 7,539,776.5930 | 15.81% |
| | First Clearing, LLC, St Louis, MO | 14,196,911.9600 | 29.77% |
| | UBS WM USA, Jersey City, NJ | 11,637,509.1140 | 24.40% |
| | Morgan Stanley & Co, Jersey City, NJ | 5,212,021.3670 | 10.93% |
| Federated Short-Intermediate Duration Municipal Trust– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 5,606,246.4900 | 11.00% |
| | Charles Schwab & Co Inc, San Francisco, CA | 28,298,142.4960 | 55.54% |
| | First Clearing, LLC, St Louis, MO | 3,362,988.5550 | 6.60% |
| Federated Short-Intermediate Duration Municipal Trust– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 491,269.3890 | 13.37% |
| | Charles Schwab & Co Inc, San Francisco, CA | 854,340.3100 | 23.25% |
| | Bank of Guam, Hagatna, GU | 531,796.9460 | 14.47% |
| Federated Short-Term Income Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 1,562,789.5690 | 10.96% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 1,033,781.1940 | 7.25% |
| | Pershing LLC, Jersey City, NJ | 734,500.8460 | 5.15% |
| | First Clearing, LLC, St Louis, MO | 1,818,993.2210 | 12.76% |
| | UBS WM USA, Jersey City, NJ | 4,205,453.7310 | 29.49% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 766,736.3440 | 5.38% |
| | Morgan Stanley & Co, Jersey City, NJ | 1,427,208.5110 | 10.01% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Short-Term Income Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 6,061,556.6570 | 7.20% |
| | Charles Schwab & Co Inc, San Francisco, CA | 47,759,169.3390 | 56.74% |
| | Milards & Co, Oaks, PA | 4,626,979.4740 | 5.50% |
| | MB Financial– Trustee, Rosemont, IL | 5,517,782.1710 | 6.56% |
| Federated Short-Term Income Fund– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 2,704,984.4160 | 12.16% |
| | Charles Schwab & Co Inc, San Francisco, CA | 2,781,472.5970 | 12.50% |
| | Oceanfirst Bank, Toms River, NJ | 1,592,821.5880 | 7.16% |
| | Planmember Services Corp, Kansas City, MO | 1,576,831.4280 | 7.09% |
| | Genworth Financial Trust Company, Phoenix, AZ | 10,647,742.6140 | 47.85% |
| Federated Short-Term Income Fund– Y | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 11,777,250.7720 | 25.92% |
| | Charles Schwab & Co Inc, San Francisco, CA | 6,245,364.4990 | 13.74% |
| | Henry L Hillman Elsie H Hillman C G Grefenstette TTEES of the Henry Hillman Trust, Pittsburgh, PA | 3,676,756.7790 | 8.09% |
| | Hillman Family Foundations, Pittsburgh, PA | 3,984,848.8530 | 8.77% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 6,590,805.0960 | 14.51% |
| | MAC & Co, Pittsburgh, PA | 2,590,588.0540 | 5.70% |
| Federated Strategic Value Dividend Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 33,194,089.4510 | 10.10% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 56,353,436.5640 | 17.14% |
| | First Clearing, LLC, St Louis, MO | 19,184,457.8200 | 5.84% |
| | American Enterprise INV SVC, Minneapolis, MN | 50,699,333.1390 | 15.42% |
| | UBS WM USA, Jersey City, NJ | 26,917,674.0560 | 8.19% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 25,701,979.4070 | 7.82% |
| Federated Strategic Value Dividend Fund– C | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 29,598,781.6300 | 17.27% |
| | First Clearing, LLC, St Louis, MO | 26,556,679.1010 | 15.50% |
| | UBS WM USA, Jersey City, NJ | 11,522,036.0820 | 6.72% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 39,038,102.9920 | 22.78% |
| | Morgan Stanley & Co, Jersey City, NJ | 19,361,669.8260 | 11.30% |
| Federated Strategic Value Dividend Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 141,163,489.3770 | 16.58% |
| | Charles Schwab & Co Inc, San Francisco, CA | 135,991,673.5130 | 15.97% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 125,455,869.3110 | 14.73% |
| | First Clearing, LLC, St Louis, MO | 83,306,679.9180 | 9.78% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 59,090,504.5950 | 6.94% |
| | Morgan Stanley & Co, Jersey City, NJ | 49,805,523.6130 | 5.85% |
| Federated Total Return Bond Fund– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 4,437,038.3190 | 7.10% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 22,622,280.2630 | 36.19% |
| | Pershing LLC, Jersey City, NJ | 3,438,213.4730 | 5.50% |
| | American Enterprise INV SVC, Minneapolis, MN | 16,758,754.5920 | 26.81% |
| Federated Total Return Bond Fund– B | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 550,776.8510 | 18.44% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 554,016.6800 | 18.54% |
| | Pershing LLC, Jersey City, NJ | 368,059.0420 | 12.32% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 326,840.2960 | 10.94% |
| | LPL Financial, San Diego, CA | 188,302.5780 | 6.30% |
| | First Clearing, LLC, St Louis, MO | 405,685.0320 | 13.58% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Total Return Bond Fund– C | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 1,708,098.9050 | 13.33% |
| | Pershing LLC, Jersey City, NJ | 972,002.4320 | 7.59% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 1,334,699.4400 | 10.42% |
| | LPL Financial, San Diego, CA | 822,526.0380 | 6.42% |
| | First Clearing, LLC, St Louis, MO | 1,291,906.2110 | 10.08% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 1,601,987.7000 | 12.50% |
| | Morgan Stanley & Co, Jersey City, NJ | 792,905.7290 | 6.19% |
| Federated Total Return Bond Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 102,287,263.2590 | 28.64% |
| | Charles Schwab & Co Inc, San Francisco, CA | 50,547,376.2470 | 14.15% |
| Federated Total Return Bond Fund– R | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 572,860.4260 | 6.96% |
| | State Street Corporation TTEE, Boston, MA | 551,985.0170 | 6.71% |
| | Lincoln Retirement Services Co, Fort Wayne, IN | 1,044,131.6510 | 12.69% |
| Federated Total Return Bond Fund– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 14,307,876.3160 | 17.87% |
| | Charles Schwab & Co Inc, San Francisco, CA | 20,864,948.3680 | 26.05% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 6,976,450.3560 | 8.71% |
| | Saxon Co, Pittsburgh, PA | 5,234,470.2400 | 6.54% |
| Federated Total Return Government Bond Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 10,049,902.6370 | 15.82% |
| | CPF Managed Portfolio III, Pittsburgh, PA | 8,335,159.4490 | 13.12% |
| | Mac & Co, Pittsburgh, PA | 17,746,660.8770 | 27.94% |
| | TD Ameritrade Inc for the Exclusive Benefit of Our Clients, Omaha, NE | 11,140,451.2000 | 17.54% |
| | Maril & Co FBO 47, Milwaukee, WI | 3,391,289.6930 | 5.34% |
| Federated Total Return Government Bond Fund– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 3,656,933.1630 | 25.87% |
| | New York Life Trust Company, Parsippany, NJ | 1,912,076.7220 | 13.53% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 759,654.2270 | 5.37% |
| | Genworth Financial Trust Company, Phoenix, AZ | 1,974,469.7340 | 13.97% |
| | Saxon Co, Pittsburgh, PA | 1,004,734.5860 | 7.11% |
| | Wells Fargo Bank NA FBO, Charlotte, NC | 1,560,407.5770 | 11.04% |
| Federated Unconstrained Bond Fund– A | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 82,933.1640 | 5.51% |
| | Charles Schwab & Co Inc, San Francisco, CA | 91,442.1070 | 6.08% |
| | American Enterprise INV SVC, Minneapolis, MN | 291,832.8670 | 19.39% |
| | UBS WM USA, Jersey City, NJ | 479,350.5510 | 31.85% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 106,845.7680 | 7.10% |
| | Morgan Stanley & Co, Jersey City, NJ | 166,790.8370 | 11.08% |
| Federated Unconstrained Bond Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 158,204.4460 | 12.53% |
| | Charles Schwab & Co Inc, San Francisco, CA | 83,033.4360 | 6.58% |
| | LPL Financial, San Diego, CA | 120,455.6520 | 9.54% |
| | First Clearing, LLC, St Louis, MO | 106,026.5940 | 8.40% |
| | The Beechwood Company LP, Pittsburgh, PA | 87,454.6220 | 6.93% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 222,459.7130 | 17.62% |
| | Morgan Stanley & Co, Jersey City, NJ | 326,426.4160 | 25.85% |
| Federated Ultrashort Bond Fund– A | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 3,428,022.3080 | 5.37% |
| | Pershing LLC, Jersey City, NJ | 3,448,977.6140 | 5.40% |
| | First Clearing, LLC, St Louis, MO | 6,921,207.9140 | 10.84% |
| | UBS WM USA, Jersey City, NJ | 26,559,173.8720 | 41.59% |
| | Morgan Stanley & Co, Jersey City, NJ | 10,360,418.4130 | 16.22% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Ultrashort Bond Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 39,034,122.5020 | 20.21% |
| | Charles Schwab & Co Inc, San Francisco, CA | 37,863,157.5420 | 19.60% |
| Federated Ultrashort Bond Fund– SS | Pershing LLC, Jersey City, NJ | 2,624,425.6970 | 15.85% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 2,437,630.8800 | 14.73% |
| | Charles Schwab & Co Inc, San Francisco, CA | 6,053,948.2760 | 36.57% |
| | RSBCO, Ruston, LA | 1,108,856.2750 | 6.70% |
| | Genworth Financial Trust Company, Phoenix, AZ | 1,213,815.8470 | 7.33% |
| Federated Fund for U.S. Government Securities– A | Edward D Jones & Co for the Benefit of its Customers, Saint Louis, MO | 8,506,593.9130 | 14.91% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 3,171,471.5780 | 5.56% |
| Federated Fund for U.S. Government Securities– B | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 246,081.2360 | 10.65% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 425,937.2100 | 18.43% |
| | Pershing LLC, Jersey City, NJ | 776,857.4390 | 33.62% |
| | Charles Schwab & Co Inc, San Francisco, CA | 192,661.3060 | 8.34% |
| | First Clearing, LLC, St Louis, MO | 196,397.6180 | 8.50% |
| Federated Fund for U.S. Government Securities– C | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 663,976.6280 | 10.81% |
| | Pershing LLC, Jersey City, NJ | 739,624.6200 | 12.04% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 700,009.9710 | 11.40% |
| | First Clearing, LLC, St Louis, MO | 1,001,443.7260 | 16.31% |
| | J P Morgan Clearing Corp, Brooklyn, NY | 402,048.0560 | 6.55% |
| Federated Government Cash Series | J J B Hilliard W L Lyons LLC as Agent and Custodian for the Exclusive Benefit of its Customers, Louisville, KY | 1,895,073,306.0700 | 75.82% |
| | Special Custody Acct for the Exclusive Benefit of Customers of Stern Agee & Leach, Birmingham, AL | 161,166,540.8800 | 6.45% |
| | Davenport & Company LLC, Richmond, VA | 250,300,188.8400 | 10.01% |
| Federated Government Income Securities, Inc.– A | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 717,810.0750 | 11.63% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 737,830.6960 | 11.95% |
| | Pershing LLC, Jersey City, NJ | 966,450.3590 | 15.66% |
| | West Coast Inland Navigation District, Venice, FL | 392,686.6880 | 6.36% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 954,963.2110 | 15.47% |
| | First Clearing, LLC, St Louis, MO | 414,245.0620 | 6.71% |
| Federated Government Income Securities, Inc.– B | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 38,344.1260 | 6.31% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 116,303.8320 | 19.12% |
| | Pershing LLC, Jersey City, NJ | 77,449.7610 | 12.74% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 32,801.4250 | 5.39% |
| | LPL Financial, San Diego, CA | 35,384.4950 | 5.82% |
| | First Clearing, LLC, St Louis, MO | 148,986.1720 | 24.50% |
| Federated Government Income Securities, Inc.– C | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 71,434.2030 | 5.59% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 150,639.4130 | 11.79% |
| | Pershing LLC, Jersey City, NJ | 126,219.0420 | 9.88% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 271,997.6670 | 21.29% |
| | First Clearing, LLC, St Louis, MO | 123,990.3590 | 9.70% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 145,453.5240 | 11.38% |
| | Morgan Stanley & Co, Jersey City, NJ | 66,940.5330 | 5.24% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Government Income Securities, Inc.– F | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 1,498,798.2490 | 5.89% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 7,925,764.7340 | 31.17% |
| | First Clearing, LLC, St Louis, MO | 1,668,064.7990 | 6.56% |
| Federated U.S. Government Securities Fund: 1-3 Years– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 1,408,530.2270 | 10.39% |
| | Charles Schwab & Co Inc, San Francisco, CA | 8,749,603.8840 | 64.54% |
| Federated U.S. Government Securities Fund: 1-3 Years– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 1,636,917.2000 | 50.02% |
| | East West Bank, El Monte, CA | 558,876.6160 | 17.08% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 300,127.9820 | 9.17% |
| Federated U.S. Government Securities Fund: 1-3 Years– Y | BBH & Co Custodian for the State Farm College Savings Plan NE 529, Jersey City, NJ | 1,559,448.8510 | 7.86% |
| | Jeff Davis Bank and Trust, Jennings, LA | 5,686,820.4790 | 28.66% |
| | Henry L Hillman Elsie H Hillman C G Grefenstette TTEES of the Henry Hillman Trust, Pittsburgh, PA | 2,916,654.8120 | 14.70% |
| | Hillman Family Foundations, Pittsburgh, PA | 1,280,605.8700 | 6.45% |
| | CPF Managed Portfolio III, Pittsburgh, PA | 4,840,515.8570 | 24.40% |
| Federated U.S. Government Securities Fund: 2-5 Years– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 8,151,353.8930 | 17.97% |
| | Charles Schwab & Co Inc, San Francisco, CA | 11,928,142.8140 | 26.30% |
| | Nationwide Life Insurance Company NACO, Columbus, OH | 2,903,902.4630 | 6.40% |
| | Nationwide Life Insurance Company DCVA, Columbus, OH | 2,652,067.0080 | 5.85% |
| | The State of Wisconsin Deferred, Greenwood VLG, CO | 2,997,108.2810 | 6.61% |
| Federated U.S. Government Securities Fund: 2-5 Years– R | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 154,297.7690 | 9.49% |
| Federated U.S. Government Securities Fund: 2-5 Years– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 1,665,840.2220 | 22.83% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 601,059.4660 | 8.24% |
| | Paychex Securities Corporation Special Custody Account for the Exclusive Benefit of Customers, W Henrietta, NY | 568,862.0510 | 7.80% |
| Federated High Income Bond Fund II– Primary | Federated Capital Income Fund II, Boston, MA | 13,302,559.5980 | 42.27% |
| | Phoenix Home Life Variable Ins Co, E Greenbush, NY | 1,665,695.7000 | 5.29% |
| | Phoenix Home Life Insurance Co, E Greenbush, NY | 1,580,403.0850 | 5.02% |
| | GE Life & Annuity, Richmond, VA | 3,018,194.0650 | 9.59% |
| | American National Group, Galveston, TX | 1,752,549.0120 | 5.57% |
| | Lincoln Benefit Life Co, Lincoln, NE | 1,610,465.4140 | 5.12% |
| Federated High Income Bond Fund II– Service | Security Benefit Life, Topeka, KS | 2,902,328.1960 | 30.05% |
| | GE Life & Annuity, Richmond, VA | 5,232,774.7960 | 54.19% |
| | Nationwide Life Insurance Company NWVA7, Columbus, OH | 535,208.9790 | 5.54% |
| Federated Kaufmann Fund II– Primary | Merrill Lynch Life Insurance Co, Cedar Rapids, IA | 1,581,274.9400 | 54.89% |
| | Transamerica Life Insurance Co, Cedar Rapids, IA | 166,202.0100 | 5.77% |
| | Union Security Insurance Company, Hartford, CT | 399,354.0190 | 13.86% |
| | American National Group, Galveston, TX | 172,401.1710 | 5.98% |
| | ING Life Insurance and Annuity Co, Windsor, CT | 235,204.0600 | 8.16% |
| Federated Kaufmann Fund II– Service | Ohio National Life Insurance Co, Cincinnati, OH | 1,659,111.7940 | 46.18% |
| | Transamerica Life Insurance Co, Cedar Rapids, IA | 257,738.5600 | 7.17% |
| | GE Life & Annuity, Richmond, VA | 1,462,975.2210 | 40.72% |
| Federated Managed Tail Risk Fund II– Primary | Farm Bureau Life Insurance Company, West Des Moines, IA | 15,827,350.5360 | 63.63% |
| | Union Security Insurance Company, Hartford, CT | 1,484,755.2550 | 5.97% |
| | GE Life & Annuity, Richmond, VA | 1,438,163.3580 | 5.78% |
| | ING Life Insurance and Annuity Co, Windsor, CT | 1,580,577.2400 | 6.35% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Managed Tail Risk Fund II– Service | Transamerica Life Insurance Co, Cedar Rapids, IA | 236,717.7610 | 37.25% |
| | Nationwide Life Insurance Company NWVA9, Columbus, OH | 40,264.4230 | 6.34% |
| | Nationwide Life Insurance Company NWVA7, Columbus, OH | 156,788.0000 | 24.67% |
| | Nationwide Life Insurance Company NWVA II, Columbus OH | 201,786.5060 | 31.75% |
| Federated Managed Volatility Fund II | Ohio National Life Insurance Co, Cincinnati, OH | 20,171,407.6040 | 59.74% |
| | Farm Bureau Life Insurance Company, West Des Moines, IA | 7,075,882.0490 | 20.96% |
| Federated Prime Money Fund II | Monumental Life Insurance Company, Cedar Rapids, IA | 20,977,795.4600 | 12.84% |
| | Phoenix Home Life Variable Ins Co, E Greenbush, NY | 52,280,048.3200 | 31.99% |
| | Phoenix Home Life Insurance Co, E Greenbush, NY | 47,000,642.7600 | 28.76% |
| Federated Quality Bond Fund II– Primary | Modern Woodmen Variable Annuity, Topeka, KS | 1,173,071.8320 | 5.61% |
| | Farm Bureau Life Insurance Company, West Des Moines, IA | 5,439,228.6780 | 26.02% |
| | Nationwide Life Insurance Company NWVL14, Columbus, OH | 2,539,153.4970 | 12.14% |
| | Nationwide Life Insurance Company NWVA9, Columbus, OH | 8,235,032.6810 | 39.39% |
| Federated Quality Bond Fund II– Service | Nationwide Life Insurance Company NWVA9, Columbus, OH | 326,616.3920 | 9.08% |
| | Nationwide Life Insurance Company NWVA7, Columbus, OH | 377,257.9340 | 10.48% |
| | Nationwide Life Insurance Company NWVA II, Columbus, OH | 2,895,118.3010 | 80.44% |
| Federated Fund for U.S. Government Securities II | Phoenix Home Life Variable Ins Co, E Greenbush, NY | 9,098,420.7410 | 46.74% |
| | Phoenix Home Life Insurance Co, E Greenbush, NY | 2,452,184.3860 | 12.60% |
| | Great-West Life & Annuity Ins Co, Greenwood Village, CO | 1,704,105.5570 | 8.75% |
| | Lincoln Benefit Life Co, Lincoln, NE | 983,601.7860 | 5.05% |
| | Great-West Life & Annuity Ins Co, Englewood CO | 1,741,642.0340 | 8.95% |
| Federated Intermediate Municipal Trust– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 1,652,159.6430 | 18.40% |
| | Charles Schwab & Co Inc, San Francisco, CA | 2,277,407.3750 | 25.37% |
| Federated Intermediate Municipal Trust– Y | Default Fordy Fordyce & Co, Cambridge, MA | 288,146.9720 | 40.74% |
| | Ledyard & Co 0, Hanover, NH | 403,714.9560 | 57.07% |
| Federated Municipal Cash Series | J J B Hilliard W L Lyons LLC as Agent and Custodian for the Exclusive Benefit of its Customers, Louisville, KY | 94,550,201.4700 | 27.48% |
| | BB&T Securities, Richmond, VA | 22,829,247.0900 | 6.63% |
| | Special Custody Acct for the Exclusive Benefit of Customers of Stern Agee & Leach, Birmingham, AL | 56,659,072.8100 | 16.46% |
| | Davenport & Company LLC for Exclusive Benefit of Customers, Richmond, VA | 35,395,705.7900 | 10.29% |
| | First Clearing, LLC, Saint Louis, MO | 35,865,347.7600 | 10.42% |
| | Pershing LLC for the Exclusive Benefit of its Customers, Jersey City, NJ | 55,386,750.4200 | 16.09% |
| Federated Mid-Cap Index Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 767,496.0070 | 20.87% |
| | DWS Trust Co TTEE, Salem, NH | 411,487.7890 | 11.19% |
| | FII Holdings Inc, Pittsburgh, PA | 190,476.1900 | 5.18% |
| | Planmember Services Corp, Kansas City, MO | 1,424,477.7660 | 38.73% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 311,369.3890 | 8.46% |
| | Saxon & Co, Philadelphia, PA | 374,681.5640 | 10.19% |
| Federated Mid-Cap Index Fund– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 5,136,029.0180 | 15.54% |
| | Charles Schwab & Co Inc, San Francisco, CA | 3,698,555.8190 | 11.19% |
| | Saxon & Co, Pittsburgh, PA | 4,231,289.1580 | 12.80% |
| Federated Michigan Intermediate Municipal Trust | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 804,305.1390 | 7.21% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 1,479,394.7200 | 13.25% |
| | Charles Schwab & Co Inc, San Francisco, CA | 978,165.8420 | 8.76% |
| | Bay & Company, Traverse City, MI | 1,021,183.2600 | 9.15% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Max-Cap Index Fund– C | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 223,252.4460 | 9.80% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 129,038.1810 | 5.67% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 157,169.2100 | 6.90% |
| | First Clearing, LLC, St Louis, MO | 143,360.3310 | 6.29% |
| Federated Max-Cap Index Fund– IS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 4,889,085.3420 | 31.83% |
| | Charles Schwab & Co Inc, San Francisco, CA | 1,288,435.1390 | 8.39% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 3,550,458.3220 | 23.12% |
| Federated Max-Cap Index Fund– R | Emjay Corporation Custodian, Greenwood VLG, CO | 207,977.0760 | 7.03% |
| | Capital Bank & Trust Company TTEE, Greenwood Village, CO | 169,464.9090 | 5.73% |
| Federated Max-Cap Index Fund– SS | National Financial Services LLC for the Exclusive Benefit of Our Customers, Jersey City, NJ | 785,263.1780 | 5.03% |
| | Planmember Services Corp, Kansas City, MO | 1,615,783.1770 | 10.36% |
| | Emjay Corporation Custodian, Greenwood VLG, CO | 3,609,083.6870 | 23.14% |
| | Genworth Financial Trust Company, Phoenix, AZ | 901,904.3240 | 5.785 |
| | Paychex Securities Corporation Special Custody Account for the Exclusive Benefit of Customers, W Henrietta, NY | 1,869,061.8950 | 11.98% |
| Federated New York Municipal Income Fund– A | Pershing LLC, Jersey City, NJ | 541,210.5180 | 19.34% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 421,721.9970 | 15.07% |
| | UBS WM USA, Jersey City, NJ | 145,604.8610 | 5.20% |
| | Morgan Stanley & Co, Jersey City, NJ | 478,289.4630 | 17.09% |
| Federated New York Municipal Income Fund– B | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 21,754.8820 | 8.15% |
| | Pershing LLC, Jersey City, NJ | 36,396.4230 | 13.63% |
| | Charles Schwab & Co Inc, San Francisco, CA | 55,241.2430 | 20.69% |
| | First Clearing, LLC, St Louis, MO | 38,426.1880 | 14.39% |
| Federated Ohio Municipal Income Fund– A | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 366,437.4760 | 8.62% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 523,546.1160 | 12.32% |
| Federated Ohio Municipal Income Fund– F | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 4,319,652.2680 | 38.94% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 3,445,777.2400 | 31.06% |
| | Pershing LLC, Jersey City, NJ | 722,975.4860 | 6.52% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 582,666.3660 | 5.25% |
| Federated Pennsylvania Municipal Income Fund– A | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 4,870,085.0240 | 21.69% |
| | Pershing LLC, Jersey City, NJ | 1,220,666.4830 | 5.44% |
| | The Fulton Company, Lancaster, PA | 4,520,722.4640 | 20.13% |
| Federated Pennsylvania Municipal Income Fund– B | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 26,835.1080 | 7.21% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 86,815.2370 | 23.31% |
| | Pershing LLC, Jersey City, NJ | 95,697.0240 | 25.70% |
| | Charles Schwab & Co Inc, San Francisco, CA | 24,331.7680 | 6.53% |
| | First Clearing, LLC, St Louis, MO | 94,433.3530 | 25.36% |
| Federated Prime Cash Series | Primevest Financial Services, Inc, Saint Cloud, MN | 1,053,932,202.0700 | 35.16% |
| | Special Custody Acct for the Exclusive Benefit of Customers of Stern Agee & Leach, Birmingham, AL | 238,753,798.4600 | 7.97% |
| | Davenport & Company LLC, Richmond, VA | 545,254,085.1200 | 18.19% |
| | Pershing LLC for the Exclusive Benefit of its Customers, Jersey City, NJ | 507,058,037.1500 | 16.92% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| Federated Strategic Income Fund– A | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 9,592,182.1940 | 12.44% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 11,965,272.7280 | 15.52% |
| | Pershing LLC, Jersey City, NJ | 8,599,183.4430 | 11.16% |
| | First Clearing, LLC, St Louis, MO | 5,470,613.3150 | 7.10% |
| | American Enterprise INV SVC, Minneapolis, MN | 7,586,822.2620 | 9.84% |
| | UBS WM USA, Jersey City, NJ | 7,665,587.0640 | 9.95% |
| Federated Strategic Income Fund– B | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 812,047.3580 | 6.75% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 1,716,207.7610 | 14.27% |
| | Pershing LLC, Jersey City, NJ | 2,850,698.0730 | 23.71% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 626,435.7560 | 5.21% |
| | LPL Financial, San Diego, CA | 734,709.2650 | 6.11% |
| | First Clearing, LLC, St Louis, MO | 2,829,577.5300 | 23.53% |
| Federated Strategic Income Fund– C | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 2,492,531.1260 | 8.06% |
| | Pershing LLC, Jersey City, NJ | 4,361,407.8290 | 14.11% |
| | MLPF&S for the Sole Benefit of its Customers, Jacksonville, FL | 2,539,521.3810 | 8.21% |
| | First Clearing, LLC, St Louis, MO | 4,504,263.8370 | 14.57% |
| | UBS WM USA, Jersey City, NJ | 1,915,127.0380 | 6.19% |
| | Raymond James Omnibus for Mutual Funds, St Petersburg, FL | 3,028,240.0980 | 9.80% |
| | Morgan Stanley & Co, Jersey City, NJ | 2,994,653.3710 | 9.69% |
| Federated Strategic Income Fund– F | Edward D Jones & Co for the Benefit of Customers, Saint Louis, MO | 2,445,572.7040 | 24.19% |
| | National Financial Services LLC for the Exclusive Benefit of Our Customers, New York, NY | 2,526,663.3200 | 25.00% |
| | Pershing LLC, Jersey City, NJ | 2,328,363.2730 | 23.04% |
| | First Clearing, LLC, St Louis, MO | 589,021.2120 | 5.83% |
| Federated Strategic Income Fund– IS | Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of its Customers, Jacksonville, FL | 1,994,984.2920 | 10.37% |
| | National Financial Services LLC for the Exclusive Benefit of Customers, Jersey City, NJ | 1,165,293.3900 | 6.06% |
| | PARBANC United Bank, Parkersburg, WV | 4,036,426.3340 | 20.98% |
| | Special Custody Account for the Exclusive Benefit of Customer, Glen Allen, VA | 4, 858,828.9260 | 25.26% |
| | Morgan Stanley & Co., Jersey City, NJ | 2,137,163.7540 | 11.11% |
| Federated Treasury Cash Series | Special Custody Acct for the Exclusive Benefit of Customers of Stern Agee & leach, Birmingham, AL | 764,551,918.4800 | 31.62% |
| | RBC Dain Rauscher Inc Special Custody Account for Exclusive Benefit of Customers, Minneapolis, MN | 320,786,318.7200 | 13.27% |
| | David Lerner Associates, Syosset, NY | 360,117,349.5900 | 14.89% |
| | Davenport & Company LLC for Exclusive Benefit of Customers, Richmond, VA | 158,292,995.1000 | 6.55% |
| | Pershing LLC for the Exclusive Benefit of its Customers, Jersey City, NJ | 519,120,540.9200 | 21.47% |
| Federated Treasury Cash Series II | Hare & Co The Bank of New York, East Syracuse, NY | 15,333,840.1500 | 38.97% |
| | Peapack Gladstone Bank, Bedminster, NJ | 7,528,524.6900 | 19.13% |
| | Progressive Bank, Monroe, LA | 2,129,401.8300 | 5.41% |
| | Sei Private Trust Co, Oaks, PA | 5,208,429.0100 | 13.24% |
| | The Bank of Guam, Hagatna, GU | 2,545,023.1200 | 6.47% |
| FUND– CLASS | SHAREOWNER AND ADDRESS | SHARES OWNED | PERCENTAGE OWNED |
| High Yield Bond Portfolio | Federated Total Return Bond Fund, Boston, MA | 91,856,531.9070 | 25.16% |
| | Federated Strategic Income Fund, Boston, MA | 101,272,090.3380 | 27.74% |
| | Federated Bond Fund, Boston, MA | 70,174,187.1020 | 19.22% |
| | Federated Institutional High Yield Bond Fund, Boston, MA | 47,273,331.7610 | 12.95% |
| | Federated Capital Income Fund, Boston, MA | 32,289,211.6060 | 8.84% |
EXHIBIT I– INDEPENDENT AUDITORS OF THE REGISTRANTS/FUNDS
The following table provides the names of the independent auditors and the Funds they serve.
Ernst & Young LLP is the Auditor for the following Registrants:
Cash Trust Series, Inc.– All Funds
Cash Trust Series II– All Funds
Edward Jones Money Market Fund
Federated Core Trust– All Funds
Federated Core Trust II, L.P.– All Funds
Federated Equity Funds
Federated Kaufmann Fund
Federated Kaufmann Large Cap Fund
Federated Small Cap Fund
Federated Strategic Value Fund
Federated Equity Income Fund, Inc.
Federated Fixed Income Securities, Inc.
Federated Strategic Income Fund
Federated GNMA Trust
Federated Government Income Securities, Inc.
Federated High Income Bond Fund, Inc.
Federated High Yield Trust
Federated Income Securities Trust
Federated Fund for U.S. Government Securities
Federated Floating Rate Strategic Income Fund
Federated Intermediate Corporate Bond Fund
Federated Muni and Stock Advantage Fund
Federated Real Return Bond Fund
Federated Short-Term Income Fund
Federated Income Trust
Federated Index Trust– All Funds
Federated Institutional Trust
Federated Government Ultrashort Duration Fund
Federated Institutional High Yield Bond Fund
Federated Intermediate Government Fund, Inc.
Federated International Series, Inc.– All Funds
Federated Investment Series, Inc.– All Funds
Federated Managed Pool Series– All Funds
Federated MDT Series– All Funds
Federated Municipal Securities Fund, Inc.
Federated Short-Intermediate Duration Municipal Trust
Federated Total Return Government Bond Fund
Federated Total Return Series, Inc.
Federated Total Return Bond Fund
Federated U.S. Government Securities Fund: 1-3 Years
Federated U.S. Government Securities Fund: 2-5 Years
Federated World Investment Series, Inc.– All Funds
Intermediate Municipal Trust– All Funds
KPMG LLP is the Auditor for the following Registrants:
Federated Adjustable Rate Securities Fund
Federated Core Trust III– All Funds
Federated Equity Funds
Federated Absolute Return Fund
Federated Clover Small Value Fund
Federated Clover Value Fund
Federated Global Equity Fund
Federated InterContinental Fund
Federated International Strategic Value Dividend Fund
Federated Prudent Bear Fund
Federated MDT Mid Cap Growth Strategies Fund
Federated Fixed Income Securities, Inc.
Federated Municipal Ultrashort Fund
Federated Global Allocation Fund
Federated Income Securities Trust
Federated Capital Income Fund
Federated Unconstrained Bond Fund
Federated Prudent DollarBear Fund
Federated Institutional Trust
Federated Intermediate Government/Corporate Fund
Federated Insurance Series– All Funds
Federated MDT Stock Trust
Federated Municipal Securities Income Trust– All Funds
Federated Total Return Series, Inc.
Federated Mortgage Fund
Federated Ultrashort Bond Fund
On August 17, 2012, the Trustees of Federated Floating Rate Strategic Income Fund (FRSIF), a portfolio of Federated Income Securities Trust, upon the recommendation of the Audit Committee, appointed Ernst & Young LLP (E&Y) as FRSIF's independent registered public accounting firm. Upon notification of the Trustee's decision, FRSIF's previous independent registered public accounting firm, KPMG LLP (KPMG) resigned. The previous reports issued by KPMG on the Fund's financial statements for the fiscal period ended March 31, 2011, and the fiscal year ended March 31, 2012, contained no adverse opinion or disclaimer of opinion nor were they qualified or modified as to uncertainty, audit scope or accounting principles. During the Fund's fiscal period ended March 31, 2011, and the fiscal year ended March 31, 2012, and the interim period commencing April 1, 2012, and ending August 17, 2012: (i) there were no disagreements with KPMG
on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of KPMG, would have caused it to make reference to the subject matter of the disagreements in connection with its reports on the financial statements for such years; and (ii) there were no reportable events of the kind described in Item 304(a) (1) (v) of Regulation S-K under the Securities Exchange Act of 1934, as amended.
As indicated above, FRSIF has appointed E&Y as the independent registered public accounting firm to audit the FRSIF's financial statements for the fiscal year ending March 31, 2013. During FRSIF's fiscal period ended March 31, 2011, and the fiscal year ended March 31, 2012, and the interim period commencing April 1, 2012, and ending August 17, 2012, neither FRSIF nor anyone on its behalf has consulted E&Y on items which: (i) concerned the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on FRSIF's financial statements; or (ii) concerned the subject of a disagreement (as defined in paragraph (a) (1) (iv) of Item 304 of Regulations S-K) or reportable events (as described in paragraph (a) (1) (v) of said Item 304).
EXHIBIT J– FEES PAID TO INDEPENDENT AUDITORS
Following are the aggregate audit and audit-related fees paid to Ernst & Young LLP and/or KPMG LLP for professional services rendered by Ernst & Young LLP and/or KPMG LLP for the audit of the annual financial statements of the Funds comprising the Registrants and for other professional services for the two most recently completed fiscal years ended as described below. For the same periods, aggregate non-audit fees billed to each Registrant's investment adviser, and certain entities controlling, controlled by or under common control with the investment adviser are provided.
| REGISTRANT | AUDIT FEES | AUDIT-RELATED FEES | TAX FEES | ALL OTHER FEES | NON-AUDIT FEES |
| Cash Trust Series, Inc. | | | | | |
| 5/31/2013 | $78,650 | $145 | $0 | $0 | $97,001 |
| 5/31/2012 | $78,650 | $0 | $0 | $0 | $377,220 |
| Cash Trust Series II | | | | | |
| 5/31/2013 | $19,250 | $36 | $0 | $0 | $96,892 |
| 5/31/2012 | $19,250 | $0 | $0 | $0 | $377,220 |
| Edward Jones Money Market Fund | | | | | |
| 2/28/2013 | $20,900 | $36 | $0 | $0 | $130,807 |
| 2/29/2012 | $20,900 | $0 | $0 | $0 | $382,866 |
| Federated Adjustable Rate Securities Fund | | | | | |
| 8/31/2012 | $27,500 | $0 | $0 | $0 | $19,648 |
| 8/31/2011 | $26,000 | $0 | $0 | $0 | $8,358 |
| Federated Core Trust | | | | | |
| 6/30/2013 | $114,350 | $145 | $0 | $0 | $130,854 |
| 6/30/2012 | $132,350 | $0 | $0 | $0 | $340,508 |
| Federated Core Trust | | | | | |
| 12/31/2012 | $136,850 | $145 | $0 | $0 | $264,248 |
| 12/31/2011 | $126,250 | $0 | $0 | $0 | $349,637 |
| Federated Core Trust | | | | | |
| 8/31/2012 | $132,850 | $0 | $0 | $0 | $323,580 |
| 8/31/2011 | $123,200 | $97 | $0 | $0 | $347,862 |
| Federated Core Trust II, L.P. | | | | | |
| 11/30/2012 | $28,950 | $36 | $0 | $0 | $18,249 |
| 11/30/2011 | $26,950 | $0 | $0 | $0 | $24,999 |
| Federated Core Trust III | | | | | |
| 3/31/2013 | $123,000 | $0 | $0 | $0 | $20,770 |
| 3/31/2012 | $29,000 | $0 | $0 | $0 | $13,609 |
| Federated Equity Funds | | | | | |
| 11/30/2012 | $383,700 | $145 | $0 | $0 | $403,127 |
| 11/30/2011 | $381,700 | $0 | $0 | $0 | $517,596 |
| Federated Equity Funds | | | | | |
| 10/31/2012 | $383,700 | $0 | $0 | $0 | $454,242 |
| 10/31/2011 | $355,700 | $97 | $0 | $0 | $531,028 |
| Federated Equity Funds | | | | | |
| 9/30/2012 | $381,700 | $0 | $0 | $0 | $413,473 |
| 9/30/2011 | $350,500 | $97 | $0 | $0 | $526,373 |
| Federated Equity Income Fund, Inc. | | | | | |
| 11/30/2012 | $26,400 | $36 | $0 | $0 | $249,666 |
| 11/30/2011 | $26,400 | $0 | $0 | $0 | $293,043 |
| Federated Fixed Income Securities, Inc. | | | | | |
| 11/30/2012 | $55,400 | $36 | $0 | $0 | $307,489 |
| 11/30/2011 | $52,900 | $0 | $0 | $0 | $376,828 |
| Federated Fixed Income Securities, Inc. | | | | | |
| 9/30/2012 | $53,900 | $0 | $0 | $0 | $314,652 |
| 9/30/2011 | $51,900 | $24 | $0 | $0 | $376,901 |
| REGISTRANT | AUDIT FEES | AUDIT-RELATED FEES | TAX FEES | ALL OTHER FEES | NON-AUDIT FEES |
| Federated GNMA Trust | | | | | |
| 1/31/2013 | $25,450 | $36 | $0 | $0 | $146,108 |
| 1/31/2012 | $24,450 | $0 | $0 | $0 | $474,486 |
| Federated Global Allocation Fund | | | | | |
| 11/30/2012 | $28,500 | $0 | $0 | $0 | $18,075 |
| 11/30/2011 | $27,000 | $0 | $0 | $0 | $18,623 |
| Federated Government Income Securities, Inc. | | | | | |
| 2/28/2013 | $25,450 | $36 | $0 | $0 | $130,807 |
| 2/29/2012 | $24,450 | $0 | $0 | $0 | $382,866 |
| Federated High Income Bond Fund, Inc. | | | | | |
| 3/31/2013 | $30,700 | $36 | $0 | $0 | $106,315 |
| 3/31/2012 | $28,700 | $0 | $0 | $0 | $403,918 |
| Federated High Yield Trust | | | | | |
| 2/28/2013 | $30,700 | $36 | $0 | $0 | $130,807 |
| 2/29/2012 | $28,700 | $0 | $0 | $0 | $382,866 |
| Federated Income Securities Trust | | | | | |
| 4/30/2013 | $245,950 | $218 | $0 | $0 | $150,315 |
| 4/30/2012 | $250,000 | $0 | $0 | $0 | $457,953 |
| Federated Income Securities Trust | | | | | |
| 3/31/2013 | $250,950 | $218 | $0 | $0 | $145,292 |
| 3/31/2012 | $241,100 | $0 | $0 | $0 | $479,360 |
| Federated Income Securities Trust | | | | | |
| 11/30/2012 | $253,500 | $218 | $0 | $0 | $351,074 |
| 11/30/2011 | $238,550 | $0 | $0 | $0 | $433,183 |
| Federated Income Securities Trust | | | | | |
| 10/31/2012 | $222,500 | $0 | $0 | $0 | $394,437 |
| 10/31/2011 | $209,550 | $122 | $0 | $0 | $442,204 |
| Federated Income Securities Trust | | | | | |
| 9/30/2012 | $214,500 | $0 | $0 | $0 | $359,603 |
| 9/30/2011 | $209,100 | $122 | $0 | $0 | $437,793 |
| Federated Income Trust | | | | | |
| 1/31/2013 | $25,450 | $36 | $0 | $0 | $146,108 |
| 1/31/2012 | $24,450 | $0 | $0 | $0 | $474,486 |
| Federated Index Trust | | | | | |
| 10/31/2012 | $46,800 | $0 | $0 | $0 | $219,239 |
| 10/31/2011 | $46,800 | $49 | $0 | $0 | $217,535 |
| Federated Institutional Trust | | | | | |
| 10/31/2012 | $80,750 | $0 | $0 | $0 | $345,413 |
| 10/31/2011 | $77,300 | $49 | $0 | $0 | $380,822 |
| Federated Institutional Trust | | | | | |
| 8/31/2012 | $78,750 | $0 | $0 | $0 | $337,033 |
| 8/31/2011 | $76,200 | $49 | $0 | $0 | $367,120 |
| Federated Institutional Trust | | | | | |
| 7/31/2012 | $78,250 | $0 | $0 | $0 | $363,144 |
| 7/31/2011 | $74,200 | $49 | $0 | $0 | $341,009 |
| Federated Insurance Series | | | | | |
| 12/31/2012 | $175,500 | $0 | $0 | $0 | $18,075 |
| 12/31/2011 | $171,500 | $0 | $0 | $0 | $18,623 |
| Federated Intermediate Government Fund, Inc. | | | | | |
| 2/28/2013 | $25,450 | $36 | $0 | $0 | $130,807 |
| 2/29/2012 | $24,450 | $0 | $0 | $0 | $382,866 |
| REGISTRANT | AUDIT FEES | AUDIT-RELATED FEES | TAX FEES | ALL OTHER FEES | NON-AUDIT FEES |
| Federated International Series, Inc. | | | | | |
| 11/30/2012 | $30,200 | $36 | $0 | $0 | $293,686 |
| 11/30/2011 | $29,200 | $0 | $0 | $0 | $362,625 |
| Federated Investment Series Funds, Inc. | | | | | |
| 11/30/2012 | $27,900 | $36 | $0 | $0 | $293,685 |
| 11/30/2011 | $26,400 | $0 | $0 | $0 | $362,625 |
| Federated MDT Series | | | | | |
| 7/31/2012 | $120,100 | $0 | $0 | $0 | $350,676 |
| 7/31/2011 | $115,500 | $122 | $0 | $0 | $343,526 |
| Federated MDT Stock Trust | | | | | |
| 10/31/2012 | $23,000 | $0 | $0 | $0 | $9,858 |
| 10/31/2011 | $23,000 | $0 | $0 | $0 | $10,321 |
| Federated Managed Pool Series | | | | | |
| 12/31/2012 | $100,800 | $145 | $0 | $0 | $265,942 |
| 12/31/2011 | $97,800 | $0 | $0 | $0 | $357,347 |
| Federated Managed Pool Series | | | | | |
| 11/30/2012 | $99,300 | $145 | $0 | $0 | $299,003 |
| 11/30/2011 | $94,950 | $0 | $0 | $0 | $367,667 |
| Federated Municipal Securities Fund, Inc. | | | | | |
| 3/31/2013 | $25,450 | $36 | $0 | $0 | $106,315 |
| 3/31/2012 | $24,450 | $0 | $0 | $0 | $403,918 |
| Federated Municipal Securities Income Trust | | | | | |
| 8/31/2012 | $126,500 | $0 | $0 | $0 | $19,648 |
| 8/31/2011 | $122,500 | $0 | $0 | $0 | $8,358 |
| Federated Short-Intermediate Duration Municipal Trust | | | | | |
| 6/30/2013 | $25,950 | $36 | $0 | $0 | $120,280 |
| 6/30/2012 | $24,450 | $0 | $0 | $0 | $343,614 |
| Federated Total Return Government Bond Fund | | | | | |
| 2/28/2013 | $25,950 | $36 | $0 | $0 | $130,807 |
| 2/29/2012 | $24,450 | $0 | $0 | $0 | $382,866 |
| Federated Total Return Series, Inc. | | | | | |
| 11/30/2012 | $82,900 | $36 | $0 | $0 | $307,453 |
| 11/30/2011 | $79,400 | $0 | $0 | $0 | $376,828 |
| Federated Total Return Series, Inc. | | | | | |
| 9/30/2012 | $81,400 | $0 | $0 | $0 | $314,652 |
| 9/30/2011 | $78,400 | $24 | $0 | $0 | $376,901 |
| Federated U.S. Government Securities Fund: 1-3 Years | | | | | |
| 2/28/2013 | $25,450 | $36 | $0 | $0 | $130,807 |
| 2/29/2012 | $24,450 | $0 | $0 | $0 | $382,866 |
| Federated U.S. Government Securities Fund: 2-5 Years | | | | | |
| 1/31/2013 | $25,450 | $36 | $0 | $0 | $146,108 |
| 1/31/2012 | $24,450 | $0 | $0 | $0 | $474,486 |
| Federated World Investment Series, Inc. | | | | | |
| 11/30/2012 | $89,100 | $109 | $0 | $0 | $343,410 |
| 11/30/2011 | $87,600 | $0 | $0 | $0 | $444,739 |
| Intermediate Municipal Trust | | | | | |
| 5/31/2013 | $25,450 | $36 | $0 | $0 | $96,892 |
| 5/31/2012 | $24,450 | $0 | $0 | $0 | $377,220 |
EXHIBIT K– FEES PAID TO INDEPENDENT AUDITORS BY INVESTMENT ADVISERS AND RELATED ENTITIES REQUIRING AUDIT COMMITTEE PRE-APPROVAL
Following are the aggregate audit related fees, tax fees and all other fees paid to Ernst & Young LLP and/or KPMG LLP for professional services rendered by Ernst & Young LLP and/or KPMG LLP pursuant to 17 CFR 210.2-01(c) (7) (ii)) for the audit of the annual financial statements of the Funds investment advisers and affiliates and for other professional services for the two most recently completed fiscal years ended as described below.
REGISTRANT'S INVESTMENT ADVISER AND AFFILIATES
(pursuant to 17 CFR 210.2-01(c) (7) (ii)) | AUDIT-RELATED FEES | TAX FEES | ALL OTHER FEES |
| Cash Trust Series, Inc. | | | |
| 5/31/2013 | $0 | $0 | $0 |
| 5/31/2012 | $0 | $0 | $0 |
| Cash Trust Series II | | | |
| 5/31/2013 | $0 | $0 | $0 |
| 5/31/2012 | $0 | $0 | $0 |
| Edward Jones Money Market Fund | | | |
| 2/28/2013 | $0 | $0 | $0 |
| 2/29/2012 | $0 | $0 | $0 |
| Federated Adjustable Rate Securities Fund | | | |
| 8/31/2012 | $0 | $0 | $0 |
| 8/31/2011 | $0 | $0 | $0 |
| Federated Core Trust | | | |
| 6/30/2013 | $0 | $0 | $0 |
| 6/30/2012 | $0 | $4,776 | $0 |
| Federated Core Trust | | | |
| 12/31/2012 | $0 | $0 | $0 |
| 12/31/2011 | $0 | $8,676 | $0 |
| Federated Core Trust | | | |
| 8/31/2012 | $0 | $4,776 | $0 |
| 8/31/2011 | $0 | $3,900 | $0 |
| Federated Core Trust II, L.P. | | | |
| 11/30/2012 | $0 | $380 | $1,001 |
| 11/30/2011 | $0 | $1,012 | $3,051 |
| Federated Core Trust III | | | |
| 3/31/2013 | $0 | $0 | $0 |
| 3/31/2012 | $0 | $0 | $0 |
| Federated Equity Funds | | | |
| 11/30/2012 | $8,370 | $0 | $18,894 |
| 11/30/2011 | $2,328 | $22,932 | $41,364 |
| Federated Equity Funds | | | |
| 10/31/2012 | $8,370 | $0 | $18,894 |
| 10/31/2011 | $2,328 | $22,932 | $41,364 |
| Federated Equity Funds | | | |
| 9/30/2012 | $6,986 | $4,655 | $18,894 |
| 9/30/2011 | $2,328 | $18,277 | $41,364 |
| Federated Equity Income Fund, Inc. | | | |
| 11/30/2012 | $0 | $0 | $12,170 |
| 11/30/2011 | $0 | $3,437 | $22,852 |
| Federated Fixed Income Securities, Inc. | | | |
| 11/30/2012 | $0 | $0 | $0 |
| 11/30/2011 | $0 | $4,214 | $0 |
| Federated Fixed Income Securities, Inc. | | | |
| 9/30/2012 | $0 | $0 | $0 |
| 9/30/2011 | $0 | $4,214 | $0 |
REGISTRANT'S INVESTMENT ADVISER AND AFFILIATES
(pursuant to 17 CFR 210.2-01(c) (7) (ii)) | AUDIT-RELATED FEES | TAX FEES | ALL OTHER FEES |
| Federated GNMA Trust | | | |
| 1/31/2013 | $0 | $0 | $0 |
| 1/31/2012 | $0 | $0 | $0 |
| Federated Global Allocation Fund | | | |
| 11/30/2012 | $0 | $0 | $0 |
| 11/30/2011 | $4,855 | $0 | $0 |
| Federated Government Income Securities, Inc. | | | |
| 2/28/2013 | $0 | $0 | $0 |
| 2/29/2012 | $0 | $0 | $0 |
| Federated High Income Bond Fund, Inc. | | | |
| 3/31/2013 | $0 | $0 | $0 |
| 3/31/2012 | $0 | $0 | $0 |
| Federated High Yield Trust | | | |
| 2/28/2013 | $0 | $0 | $5,268 |
| 2/29/2012 | $0 | $0 | $14,277 |
| Federated Income Securities Trust | | | |
| 4/30/2013 | $0 | $0 | $14,045 |
| 4/30/2012 | $0 | $7,452 | $16,345 |
| Federated Income Securities Trust | | | |
| 3/31/2013 | $0 | $0 | $14,045 |
| 3/31/2012 | $0 | $7,452 | $16,345 |
| Federated Income Securities Trust | | | |
| 11/30/2012 | $0 | $2,504 | $16,345 |
| 11/30/2011 | $0 | $4,978 | $36,504 |
| Federated Income Securities Trust | | | |
| 10/31/2012 | $0 | $2,504 | $16,345 |
| 10/31/2011 | $0 | $2,474 | $36,504 |
| Federated Income Securities Trust | | | |
| 9/30/2012 | $0 | $2,504 | $16,345 |
| 9/30/2011 | $0 | $2,474 | $36,504 |
| Federated Income Trust | | | |
| 1/31/2013 | $0 | $0 | $0 |
| 1/31/2012 | $0 | $0 | $0 |
| Federated Index Trust | | | |
| 10/31/2012 | $0 | $0 | $9,430 |
| 10/31/2011 | $0 | $4,270 | $15,860 |
| Federated Institutional Trust | | | |
| 10/31/2012 | $0 | $0 | $0 |
| 10/31/2011 | $0 | $3,578 | $0 |
| Federated Institutional Trust | | | |
| 8/31/2012 | $0 | $0 | $0 |
| 8/31/2011 | $0 | $3,578 | $0 |
| Federated Institutional Trust | | | |
| 7/31/2012 | $0 | $0 | $0 |
| 7/31/2011 | $0 | $3,556 | $0 |
| Federated Insurance Series | | | |
| 12/31/2012 | $0 | $0 | $0 |
| 12/31/2011 | $6,984 | $0 | $0 |
| Federated Intermediate Government Fund, Inc. | | | |
| 2/28/2013 | $0 | $0 | $0 |
| 2/29/2012 | $0 | $3,675 | $0 |
REGISTRANT'S INVESTMENT ADVISER AND AFFILIATES
(pursuant to 17 CFR 210.2-01(c) (7) (ii)) | AUDIT-RELATED FEES | TAX FEES | ALL OTHER FEES |
| Federated International Series, Inc. | | | |
| 11/30/2012 | $0 | $0 | $14,277 |
| 11/30/2011 | $0 | $0 | $32,433 |
| Federated Investment Series Funds, Inc. | | | |
| 11/30/2012 | $0 | $0 | $0 |
| 11/30/2011 | $1,309 | $4,214 | $0 |
| Federated MDT Series | | | |
| 7/31/2012 | $0 | $0 | $14,619 |
| 7/31/2011 | $0 | $14,714 | $32,907 |
| Federated MDT Stock Trust | | | |
| 10/31/2012 | $0 | $0 | $0 |
| 10/31/2011 | $0 | $0 | $0 |
| Federated Managed Pool Series | | | |
| 12/31/2012 | $0 | $0 | $0 |
| 12/31/2011 | $0 | $4,607 | $0 |
| Federated Managed Pool Series | | | |
| 11/30/2012 | $0 | $0 | $0 |
| 11/30/2011 | $0 | $0 | $0 |
| Federated Municipal Securities Fund, Inc. | | | |
| 3/31/2013 | $0 | $0 | $0 |
| 3/31/2012 | $0 | $3,718 | $0 |
| Federated Municipal Securities Income Trust | | | |
| 8/31/2012 | $0 | $0 | $0 |
| 8/31/2011 | $0 | $0 | $0 |
| Federated Short-Intermediate Duration Municipal Trust | | | |
| 6/30/2013 | $0 | $0 | $0 |
| 6/30/2012 | $0 | $0 | $0 |
| Federated Total Return Government Bond Fund | | | |
| 2/28/2013 | $3,523 | $0 | $0 |
| 2/29/2012 | $0 | $3,675 | $0 |
| Federated Total Return Series, Inc. | | | |
| 11/30/2012 | $4,579 | $0 | $0 |
| 11/30/2011 | $1,309 | $0 | $0 |
| Federated Total Return Series, Inc. | | | |
| 9/30/2012 | $3,523 | $0 | $0 |
| 9/30/2011 | $1,309 | $0 | $0 |
| Federated U.S. Government Securities Fund: 1-3 Years | | | |
| 2/28/2013 | $1,506 | $0 | $0 |
| 2/29/2012 | $0 | $0 | $0 |
| Federated U.S. Government Securities Fund: 2-5 Years | | | |
| 1/31/2013 | $0 | $0 | $0 |
| 1/31/2012 | $0 | $0 | $0 |
| Federated World Investment Series, Inc. | | | |
| 11/30/2012 | $0 | $0 | $16,827 |
| 11/30/2011 | $4,964 | $12,100 | $37,293 |
| Intermediate Municipal Trust | | | |
| 5/31/2013 | $0 | $0 | $0 |
| 5/31/2012 | $0 | $3,718 | $0 |
[PAGE INTENTIONALLY LEFT BLANK]
[PAGE INTENTIONALLY LEFT BLANK]
[PAGE INTENTIONALLY LEFT BLANK]7
Federated Investors Funds
4000 Ericsson Drive
Warrendale, PA 15086-7561
Contact us at FederatedInvestors.com
or call 1-800-341-7400.
Q451883CUSIP 313916504
Q452764 (9/13)15)
Federated Securities Corp., Distributor
Federated is a registered trademark of Federated Investors, Inc.
20132015 ©Federated Investors, Inc.
PROXY TABULATOR
P.O. BOX 9112
FARMINGDALE, NY 11735
| | To vote by Internet
1) Read the Proxy Statement and have the proxy card below at hand.
2) Go to websitewww.proxyvote.com
3) Follow the instructions provided on the website.
To vote by Telephone
1) Read the Proxy Statement and have the proxy card below at hand.
2) Call1-800-690-6903
3) Follow the instructions.
To vote by Mail
1) Read the Proxy Statement.
2) Check the appropriate boxes on the proxy card below.
3) Sign and date the proxy card.
4) Return the proxy card in the envelope provided.
|
TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS:
M62769-S10184
| KEEP THIS PORTION FOR YOUR RECORDS |
THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. | DETACH AND RETURN THIS PORTION ONLY |
| THE BOARD OF DIRECTORS/TRUSTEES RECOMMENDS A VOTEFOR EACH OF THE FOLLOWING NOMINEES: | For
All
| Withhold
All
| For All
Except
| (To withhold authority to vote for a specific nominee,mark "For All Except" and write the nominee's number on the line below.) | |
| | | | | | |
| 1. PROPOSAL TO ELECT THE DIRECTOR/TRUSTEE NOMINEES | | | | | |
| | ¨ | ¨ | ¨ | | |
| 01)John T. Collins | | | | | |
| 02)Maureen Lally-Green | | | | | |
| 03)Thomas M. O'Neill | | | | | |
| 04)P. Jerome Richey | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| THE PROXIES ARE AUTHORIZED AND RESERVE THE RIGHT TO VOTE UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE SPECIAL MEETING OR ANY ADJOURNMENT OR POSTPONEMENT THEREOF. | |
| | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| YOUR VOTE IS IMPORTANT
Please complete, sign and return this card as soon as possible.
| |
| | | | | | |
| | | | | | |
| Please sign exactly as your name appears on this ballot. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. | |
| | | | | | |
| | | | | | |
| Signature [PLEASE SIGN WITHIN BOX] | Date | | Signature [Joint Owners] | Date | |
| | | | | | |
Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting:
The Notice of Special Meeting of Shareholders and Proxy Statement are available at www.proxyvote.com.
M62770-S10184
FEDERATED FAMILY OF FUNDS
SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON OCTOBER 28, 2013
KNOW ALL PERSONS BY THESE PRESENTSthat the undersigned hereby designates and appoints Leslie K. Ross, George F. Magera,Todd P. Zerega, Sarah L. Eddy, Erin J. Dugan, Maureen A. Ferguson, Cathy Ryan, Heidi Loeffert and Kim Lieb, each having full power to act alone and of substitution, as proxies to act at the Special Meeting of Shareholders (the "Special Meeting") to be held on October 28, 2013 at Federated Investors Funds, 4000 Ericsson Drive, Warrendale, Pennsylvania, 15086-7561, at 10:00 a.m. (Eastern Time), and at any adjournment or postponement thereof. The attorneys named are authorized to vote the shares held of record by the undersigned on August 29, 2013 in accordance with the choices made on this ballot. If this proxy is executed and returned in time and no choice is indicated as to an item, this proxy will be voted affirmatively on such matter.Discretionary authority is hereby conferred as to all other matters as may properly come before the Special Meeting or any adjournment or postponement thereof.
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS/TRUSTEES OF THE FUND. THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED "FOR" THE PROPOSAL.
PLEASE SIGN AND DATE ON THE REVERSE SIDE.
|
PROXY TABULATOR
P.O. BOX 9112
FARMINGDALE, NY 11735
| | To vote by Internet
1) Read the Proxy Statement and have the proxy card below at hand.
2) Go to websitewww.proxyvote.com
3) Follow the instructions provided on the website.
To vote by Telephone
1) Read the Proxy Statement and have the proxy card below at hand.
2) Call1-800-690-6903
3) Follow the instructions.
To vote by Mail
1) Read the Proxy Statement.
2) Check the appropriate boxes on the proxy card below.
3) Sign and date the proxy card.
4) Return the proxy card in the envelope provided.
|
TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS:
M62771-S10184
| KEEP THIS PORTION FOR YOUR RECORDS |
THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. | DETACH AND RETURN THIS PORTION ONLY |
| THE BOARD OF DIRECTORS/TRUSTEES RECOMMENDS A VOTEFOR EACH OF THE FOLLOWING NOMINEES: | For
All
| Withhold
All
| For All
Except
| (To withhold authority to vote for a specific nominee,mark "For All Except" and write the nominee's number on the line below.) | |
| | | | | | |
| 1. PROPOSAL TO ELECT THE DIRECTOR/TRUSTEE NOMINEES | | | | | |
| | ¨ | ¨ | ¨ | | |
| 01)John T. Collins | | | | | |
| 02)Maureen Lally-Green | | | | | |
| 03)P. Jerome Richey | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| THE PROXIES ARE AUTHORIZED AND RESERVE THE RIGHT TO VOTE UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE SPECIAL MEETING OR ANY ADJOURNMENT OR POSTPONEMENT THEREOF. | |
| | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| YOUR VOTE IS IMPORTANT
Please complete, sign and return this card as soon as possible.
| |
| | | | | | |
| | | | | | |
| Please sign exactly as your name appears on this ballot. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. | |
| | | | | | |
| | | | | | |
| Signature [PLEASE SIGN WITHIN BOX] | Date | | Signature [Joint Owners] | Date | |
| | | | | | |
Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting:
The Notice of Special Meeting of Shareholders and Proxy Statement are available at www.proxyvote.com.
M62772-S10184
FEDERATED FAMILY OF FUNDS
SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON OCTOBER 28, 2013
KNOW ALL PERSONS BY THESE PRESENTSthat the undersigned hereby designates and appoints Leslie K. Ross, George F. Magera,Todd P. Zerega, Sarah L. Eddy, Erin J. Dugan, Maureen A. Ferguson, Cathy Ryan, Heidi Loeffert and Kim Lieb, each having full power to act alone and of substitution, as proxies to act at the Special Meeting of Shareholders (the "Special Meeting") to be held on October 28, 2013 at Federated Investors Funds, 4000 Ericsson Drive, Warrendale, Pennsylvania, 15086-7561, at 10:00 a.m. (Eastern Time), and at any adjournment or postponement thereof. The attorneys named are authorized to vote the shares held of record by the undersigned on August 29, 2013 in accordance with the choices made on this ballot. If this proxy is executed and returned in time and no choice is indicated as to an item, this proxy will be voted affirmatively on such matter.Discretionary authority is hereby conferred as to all other matters as may properly come before the Special Meeting or any adjournment or postponement thereof.
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS/TRUSTEES OF THE FUND. THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED "FOR" THE PROPOSAL.
PLEASE SIGN AND DATE ON THE REVERSE SIDE.
|
PROXY TABULATOR
P.O. BOX 9112
FARMINGDALE, NY 11735
| | To vote by Internet
1) Read the Proxy Statement and have the proxy card below at hand.
2) Go to websitewww.proxyvote.com
3) Follow the instructions provided on the website.
To vote by Telephone
1) Read the Proxy Statement and have the proxy card below at hand.
2) Call1-800-690-6903
3) Follow the instructions.
To vote by Mail
1) Read the Proxy Statement.
2) Check the appropriate boxes on the proxy card below.
3) Sign and date the proxy card.
4) Return the proxy card in the envelope provided.
|
TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS:
M62773-S10184
| KEEP THIS PORTION FOR YOUR RECORDS |
THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. | DETACH AND RETURN THIS PORTION ONLY |
| THE BOARD OF DIRECTORS/TRUSTEES RECOMMENDS A VOTEFOR EACH OF THE FOLLOWING NOMINEES: | For
All
| Withhold
All
| For All
Except
| (To withhold authority to vote for a specific nominee,mark "For All Except" and write the nominee's number on the line below.) | |
| | | | | | |
| 1. PROPOSAL TO ELECT THE DIRECTOR/TRUSTEE NOMINEES | | | | | |
| | ¨ | ¨ | ¨ | | |
| 01) J. Christopher Donahue | | | | | |
| 02)John T. Collins | | | | | |
| 03)Maureen Lally-Green | | | | | |
| 04)Thomas M. O'Neill | | | | | |
| 05)P. Jerome Richey | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| THE PROXIES ARE AUTHORIZED AND RESERVE THE RIGHT TO VOTE UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE SPECIAL MEETING OR ANY ADJOURNMENT OR POSTPONEMENT THEREOF. | |
| | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| YOUR VOTE IS IMPORTANT
Please complete, sign and return this card as soon as possible.
| |
| | | | | | |
| | | | | | |
| Please sign exactly as your name appears on this ballot. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. | |
| | | | | | |
| | | | | | |
| Signature [PLEASE SIGN WITHIN BOX] | Date | | Signature [Joint Owners] | Date | |
| | | | | | |
Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting:
The Notice of Special Meeting of Shareholders and Proxy Statement are available at www.proxyvote.com.
M62774-S10184
FEDERATED FAMILY OF FUNDS
SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON OCTOBER 28, 2013
KNOW ALL PERSONS BY THESE PRESENTSthat the undersigned hereby designates and appoints Leslie K. Ross, George F. Magera,Todd P. Zerega, Sarah L. Eddy, Erin J. Dugan, Maureen A. Ferguson, Cathy Ryan, Heidi Loeffert and Kim Lieb, each having full power to act alone and of substitution, as proxies to act at the Special Meeting of Shareholders (the "Special Meeting") to be held on October 28, 2013 at Federated Investors Funds, 4000 Ericsson Drive, Warrendale, Pennsylvania, 15086-7561, at 10:00 a.m. (Eastern Time), and at any adjournment or postponement thereof. The attorneys named are authorized to vote the shares held of record by the undersigned on August 29, 2013 in accordance with the choices made on this ballot. If this proxy is executed and returned in time and no choice is indicated as to an item, this proxy will be voted affirmatively on such matter. Discretionary authority is hereby conferred as to all other matters as may properly come before the Special Meeting or any adjournment or postponement thereof.
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS/TRUSTEES OF THE FUND. THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED "FOR" THE PROPOSAL.
PLEASE SIGN AND DATE ON THE REVERSE SIDE.
|
PROXY TABULATOR
P.O. BOX 9112
FARMINGDALE, NY 11735
| | To vote by Internet
1) Read the Proxy Statement and have the proxy card below at hand.
2) Go to websitewww.proxyvote.com
3) Follow the instructions provided on the website.
To vote by Telephone
1) Read the Proxy Statement and have the proxy card below at hand.
2) Call1-800-690-6903
3) Follow the instructions.
To vote by Mail
1) Read the Proxy Statement.
2) Check the appropriate boxes on the proxy card below.
3) Sign and date the proxy card.
4) Return the proxy card in the envelope provided.
|
TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS:
M62775-S10184
| KEEP THIS PORTION FOR YOUR RECORDS |
THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. | DETACH AND RETURN THIS PORTION ONLY |
| THE BOARD OF DIRECTORS/TRUSTEES RECOMMENDS A VOTEFOR EACH OF THE FOLLOWING NOMINEES: | For
All
| Withhold
All
| For All
Except
| (To withhold authority to vote for a specific nominee,mark "For All Except" and write the nominee's number on the line below.) | |
| | | | | | |
| 1. PROPOSAL TO ELECT THE DIRECTOR/TRUSTEE NOMINEES | | | | | |
| | ¨ | ¨ | ¨ | | |
| 01)John T. Collins | | | | | |
| 02)P. Jerome Richey | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| THE PROXIES ARE AUTHORIZED AND RESERVE THE RIGHT TO VOTE UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE SPECIAL MEETING OR ANY ADJOURNMENT OR POSTPONEMENT THEREOF. | |
| | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| YOUR VOTE IS IMPORTANT
Please complete, sign and return this card as soon as possible.
| |
| | | | | | |
| | | | | | |
| Please sign exactly as your name appears on this ballot. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. | |
| | | | | | |
| | | | | | |
| Signature [PLEASE SIGN WITHIN BOX] | Date | | Signature [Joint Owners] | Date | |
| | | | | | |
Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting:
The Notice of Special Meeting of Shareholders and Proxy Statement are available at www.proxyvote.com.
M62776-S10184
FEDERATED FAMILY OF FUNDS
SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON OCTOBER 28, 2013
KNOW ALL PERSONS BY THESE PRESENTSthat the undersigned hereby designates and appoints Leslie K. Ross, George F. Magera,Todd P. Zerega, Sarah L. Eddy, Erin J. Dugan, Maureen A. Ferguson, Cathy Ryan, Heidi Loeffert and Kim Lieb, each having full power to act alone and of substitution, as proxies to act at the Special Meeting of Shareholders (the "Special Meeting") to be held on October 28, 2013 at Federated Investors Funds, 4000 Ericsson Drive, Warrendale, Pennsylvania, 15086-7561, at 10:00 a.m. (Eastern Time), and at any adjournment or postponement thereof. The attorneys named are authorized to vote the shares held of record by the undersigned on August 29, 2013 in accordance with the choices made on this ballot. If this proxy is executed and returned in time and no choice is indicated as to an item, this proxy will be voted affirmatively on such matter. Discretionary authority is hereby conferred as to all other matters as may properly come before the Special Meeting or any adjournment or postponement thereof.
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS/TRUSTEES OF THE FUND. THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED "FOR" THE PROPOSAL.
PLEASE SIGN AND DATE ON THE REVERSE SIDE.
|
PROXY TABULATOR
P.O. BOX 9112
FARMINGDALE, NY 11735
| | To vote by Mail
1) Read the Proxy Statement.
2) Check the appropriate boxes on the proxy card below.
3) Sign and date the proxy card.
4) Return the proxy card in the envelope provided.
|
TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS:
M62759-S09932
| KEEP THIS PORTION FOR YOUR RECORDS |
THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. | DETACH AND RETURN THIS PORTION ONLY |
| THE BOARD OF DIRECTORS/TRUSTEES RECOMMENDS A VOTEFOR EACH OF THE FOLLOWING NOMINEES: | For
All
| Withhold
All
| For All
Except
| (To withhold authority to vote for a specific nominee,mark "For All Except" and write the nominee's number on the line below.) | |
| | | | | | |
| 1. PROPOSAL TO ELECT THE DIRECTOR/TRUSTEE NOMINEES | | | | | |
| | ¨ | ¨ | ¨ | | |
| 01)John T. Collins | | | | | |
| 02)Maureen Lally-Green | | | | | |
| 03)Thomas M. O'Neill | | | | | |
| 04)P. Jerome Richey | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| THE PROXIES ARE AUTHORIZED AND RESERVE THE RIGHT TO VOTE UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE SPECIAL MEETING OR ANY ADJOURNMENT OR POSTPONEMENT THEREOF. | |
| | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| YOUR VOTE IS IMPORTANT
Please complete, sign and return this card as soon as possible.
| |
| | | | | | |
| | | | | | |
| Please sign exactly as your name appears on this ballot. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. | |
| | | | | | |
| | | | | | |
| Signature [PLEASE SIGN WITHIN BOX] | Date | | Signature [Joint Owners] | Date | |
| | | | | | |
Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting:
The Notice of Special Meeting of Shareholders and Proxy Statement are available at www.proxyvote.com.
M62760-S09932
FEDERATED FAMILY OF FUNDS
SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON OCTOBER 28, 2013
KNOW ALL PERSONS BY THESE PRESENTSthat the undersigned hereby designates and appoints Leslie K. Ross, George F. Magera, Todd P. Zerega, Sarah L. Eddy, Erin J. Dugan, Maureen A. Ferguson, Cathy Ryan, Heidi Loeffert and Kim Lieb, each having full power to act alone and of substitution, as proxies to act at the Special Meeting of Shareholders (the "Special Meeting") to be held on October 28, 2013 at Federated Investors Funds, 4000 Ericsson Drive, Warrendale, Pennsylvania, 15086-7561, at 10:00 a.m. (Eastern Time), and at any adjournment or postponement thereof. The attorneys named are authorized to vote the shares held of record by the undersigned on August 29, 2013 in accordance with the choices made on this ballot. If this proxy is executed and returned in time and no choice is indicated as to an item, this proxy will be voted affirmatively on such matter.Discretionary authority is hereby conferred as to all other matters as may properly come before the Special Meeting or any adjournment or postponement thereof.
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS/TRUSTEES OF THE FUND. THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED "FOR" THE PROPOSAL.
PLEASE SIGN AND DATE ON THE REVERSE SIDE.
|
*** Exercise YourRight to Vote ***
Important Notice Regarding the Availability of Proxy Materials for the
Shareholder Meeting to Be Held on October 28, 2013.
FEDERATED INVESTORS FUNDS | | Meeting Information
Meeting Type: Special Meeting
For holders as of:August 29, 2013
Date:October 28, 2013 Time:10:00 AM (Eastern Time)
Location:Federated Investors Funds
4000 Ericsson Drive
Warrendale, Pennsylvania 15086-7561
For directions to attend the meeting and vote in person, please call 1-800-341-7400
|
| | |
PROXY TABULATOR
P.O. BOX 9112
FARMINGDALE, NY 11735
| | You are receiving this communication because you hold shares in the fund named above.
This is not a ballot. You cannot use this notice to vote these shares. This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. You may view the proxy materials online atwww.proxyvote.com or easily request a paper copy (see reverse side).
We encourage you to access and review all of the important information contained in the proxy materials before voting.
|
| | |
| | See the reverse side of this notice to obtain proxy materials and voting instructions.
|
M62777-S10184
— Before You Vote —
How to Access the Proxy Materials
Proxy Materials Available to VIEW or RECEIVE:
Notice of Special Meeting of Shareholders, Proxy Card and Proxy Statement
How to View Online:
Have the information that is printed in the box marked by the arrow (located on the following page) and visit:www.proxyvote.com.
How to Request and Receive a PAPER or E-MAIL Copy:
If you want to receive a paper or e-mail copy of these documents, you must request one. There is NO charge for requesting a copy. Please choose one of the following methods to make your request:
1)BY INTERNET: www.proxyvote.com
2)BY TELEPHONE: 1-800-579-1639
3)BY E-MAIL*: sendmaterial@proxyvote.com
* If requesting materials by e-mail, please send a blank e-mail with the information that is printed in the box marked by the arrow(located on the following page) in the subject line.
Requests, instructions and other inquiries sent to this e-mail address will NOT be forwarded to your investment advisor. Please make the request as instructed above on or before October 15, 2013 to facilitate timely delivery.
|
— How To Vote —
Please Choose One of the Following Voting Methods
Vote In Person:Many shareholder meetings have attendance requirements including, but not limited to, the possessionof an attendance ticket issued by the entity holding the meeting. Please check the meeting materials for any special requirements for meeting attendance. At the meeting, you will need to request a ballot to vote these shares.
Vote By Internet:To vote now by Internet, go towww.proxyvote.com.Have the information that is printed in the boxmarked by the arrow (located on the following page) available and follow the instructions.
Vote By Mail:You can vote by mail by requesting a paper copy of the materials, which will include a proxy card.
|
M62778-S10184
THE BOARD OF DIRECTORS/TRUSTEES RECOMMENDS A VOTEFOR EACH OF THE FOLLOWING NOMINEES:
| 1. | PROPOSAL TO ELECT THE DIRECTOR/TRUSTEE NOMINEES |
01) John T. Collins
02) Maureen Lally-Green
03) Thomas M. O'Neill
04) P. Jerome Richey
THE PROXIES ARE AUTHORIZED AND RESERVE THE RIGHT TO VOTE UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE SPECIAL MEETING OR ANY ADJOURNMENT OR POSTPONEMENT THEREOF.
M62779-S10184
*** Exercise YourRight to Vote ***
Important Notice Regarding the Availability of Proxy Materials for the
Shareholder Meeting to Be Held on October 28, 2013.
FEDERATED INVESTORS FUNDS | | Meeting Information
Meeting Type: Special Meeting
For holders as of:August 29, 2013
Date:October 28, 2013 Time:10:00 AM (Eastern Time)
Location:Federated Investors Funds
4000 Ericsson Drive
Warrendale, Pennsylvania 15086-7561
For directions to attend the meeting and vote in person, please call 1-800-341-7400
|
| | |
PROXY TABULATOR
P.O. BOX 9112
FARMINGDALE, NY 11735
| | You are receiving this communication because you hold shares in the fund named above.
This is not a ballot. You cannot use this notice to vote these shares. This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. You may view the proxy materials online atwww.proxyvote.com or easily request a paper copy (see reverse side).
We encourage you to access and review all of the important information contained in the proxy materials before voting.
|
| | |
| | See the reverse side of this notice to obtain proxy materials and voting instructions. |
M62777-S10184
— Before You Vote —
How to Access the Proxy Materials
Proxy Materials Available to VIEW or RECEIVE:
Notice of Special Meeting of Shareholders, Proxy Card and Proxy Statement
How to View Online:
Have the information that is printed in the box marked by the arrow (located on the following page) and visit:www.proxyvote.com.
How to Request and Receive a PAPER or E-MAIL Copy:
If you want to receive a paper or e-mail copy of these documents, you must request one. There is NO charge for requesting a copy. Please choose one of the following methods to make your request:
1)BY INTERNET: www.proxyvote.com
2)BY TELEPHONE: 1-800-579-1639
3)BY E-MAIL*: sendmaterial@proxyvote.com
* If requesting materials by e-mail, please send a blank e-mail with the information that is printed in the box marked by the arrow (located on the following page) in the subject line.
Requests, instructions and other inquiries sent to this e-mail address will NOT be forwarded to your investment advisor. Please make the request as instructed above on or before October 15, 2013 to facilitate timely delivery.
|
— How To Vote —
Please Choose One of the Following Voting Methods
Vote In Person:Many shareholder meetings have attendance requirements including, but not limited to, the possessionof an attendance ticket issued by the entity holding the meeting. Please check the meeting materials for any special requirements for meeting attendance. At the meeting, you will need to request a ballot to vote these shares.
Vote By Internet:To vote now by Internet, go towww.proxyvote.com.Have the information that is printed in the boxmarked by the arrow (located on the following page) available and follow the instructions.
Vote By Mail:You can vote by mail by requesting a paper copy of the materials, which will include a proxy card.
|
M62778-S10184
THE BOARD OF DIRECTORS/TRUSTEES RECOMMENDS A VOTEFOR EACH OF THE FOLLOWING NOMINEES:
| 1. | PROPOSAL TO ELECT THE DIRECTOR/TRUSTEE NOMINEES |
01) John T. Collins
02) Maureen Lally-Green
03) P. Jerome Richey
THE PROXIES ARE AUTHORIZED AND RESERVE THE RIGHT TO VOTE UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE SPECIAL MEETING OR ANY ADJOURNMENT OR POSTPONEMENT THEREOF.
M62780-S10184
*** Exercise YourRight to Vote ***
Important Notice Regarding the Availability of Proxy Materials for the
Shareholder Meeting to Be Held on October 28, 2013.
FEDERATED INVESTORS FUNDS | | Meeting Information
Meeting Type: Special Meeting
For holders as of:August 29, 2013
Date:October 28, 2013 Time:10:00 AM (Eastern Time)
Location:Federated Investors Funds
4000 Ericsson Drive
Warrendale, Pennsylvania 15086-7561
For directions to attend the meeting and vote in person, please call 1-800-341-7400
|
| | |
PROXY TABULATOR
P.O. BOX 9112
FARMINGDALE, NY 11735
| | You are receiving this communication because you hold shares in the fund named above.
This is not a ballot. You cannot use this notice to vote these shares. This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. You may view the proxy materials online atwww.proxyvote.com or easily request a paper copy (see reverse side).
We encourage you to access and review all of the important information contained in the proxy materials before voting.
|
| | |
| | See the reverse side of this notice to obtain proxy materials and voting instructions. |
M62777-S10184
— Before You Vote —
How to Access the Proxy Materials
Proxy Materials Available to VIEW or RECEIVE:
Notice of Special Meeting of Shareholders, Proxy Card and Proxy Statement
How to View Online:
Have the information that is printed in the box marked by the arrow (located on the following page) and visit:www.proxyvote.com.
How to Request and Receive a PAPER or E-MAIL Copy:
If you want to receive a paper or e-mail copy of these documents, you must request one. There is NO charge for requesting a copy. Please choose one of the following methods to make your request:
1)BY INTERNET: www.proxyvote.com
2)BY TELEPHONE: 1-800-579-1639
3)BY E-MAIL*: sendmaterial@proxyvote.com
* If requesting materials by e-mail, please send a blank e-mail with the information that is printed in the box marked by the arrow (located on the following page) in the subject line.
Requests, instructions and other inquiries sent to this e-mail address will NOT be forwarded to your investment advisor. Please make the request as instructed above on or before October 15, 2013 to facilitate timely delivery.
|
— How To Vote —
Please Choose One of the Following Voting Methods
Vote In Person:Many shareholder meetings have attendance requirements including, but not limited to, the possessionof an attendance ticket issued by the entity holding the meeting. Please check the meeting materials for any special requirements for meeting attendance. At the meeting, you will need to request a ballot to vote these shares.
Vote By Internet:To vote now by Internet, go towww.proxyvote.com.Have the information that is printed in the boxmarked by the arrow (located on the following page) available and follow the instructions.
Vote By Mail:You can vote by mail by requesting a paper copy of the materials, which will include a proxy card.
|
M62778-S10184
THE BOARD OF DIRECTORS/TRUSTEES RECOMMENDS A VOTEFOR EACH OF THE FOLLOWING NOMINEES:
| 1. | PROPOSAL TO ELECT THE DIRECTOR/TRUSTEE NOMINEES |
01) J. Christopher Donahue
02) John T. Collins
03) Maureen Lally-Green
04) Thomas M. O'Neill
05) P. Jerome Richey
THE PROXIES ARE AUTHORIZED AND RESERVE THE RIGHT TO VOTE UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE SPECIAL MEETING OR ANY ADJOURNMENT OR POSTPONEMENT THEREOF.
M62781-S10184
*** Exercise YourRight to Vote ***
Important Notice Regarding the Availability of Proxy Materials for the
Shareholder Meeting to Be Held on October 28, 2013.
FEDERATED INVESTORS FUNDS | | Meeting Information
Meeting Type: Special Meeting
For holders as of:August 29, 2013
Date:October 28, 2013 Time:10:00 AM (Eastern Time)
Location:Federated Investors Funds
4000 Ericsson Drive
Warrendale, Pennsylvania 15086-7561
For directions to attend the meeting and vote in person, please call 1-800-341-7400
|
| | |
PROXY TABULATOR
P.O. BOX 9112
FARMINGDALE, NY 11735
| | You are receiving this communication because you hold shares in the fund named above.
This is not a ballot. You cannot use this notice to vote these shares. This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. You may view the proxy materials online atwww.proxyvote.com or easily request a paper copy (see reverse side).
We encourage you to access and review all of the important information contained in the proxy materials before voting.
|
| | |
| | See the reverse side of this notice to obtain proxy materials and voting instructions. |
M62777-S10184
— Before You Vote —
How to Access the Proxy Materials
Proxy Materials Available to VIEW or RECEIVE:
Notice of Special Meeting of Shareholders, Proxy Card and Proxy Statement
How to View Online:
Have the information that is printed in the box marked by the arrow (located on the following page) and visit:www.proxyvote.com.
How to Request and Receive a PAPER or E-MAIL Copy:
If you want to receive a paper or e-mail copy of these documents, you must request one. There is NO charge for requesting a copy. Please choose one of the following methods to make your request:
1)BY INTERNET: www.proxyvote.com
2)BY TELEPHONE: 1-800-579-1639
3)BY E-MAIL*: sendmaterial@proxyvote.com
* If requesting materials by e-mail, please send a blank e-mail with the information that is printed in the box marked by the arrow (located on the following page) in the subject line.
Requests, instructions and other inquiries sent to this e-mail address will NOT be forwarded to your investment advisor. Please make the request as instructed above on or before October 15, 2013 to facilitate timely delivery.
|
— How To Vote —
Please Choose One of the Following Voting Methods
Vote In Person:Many shareholder meetings have attendance requirements including, but not limited to, the possessionof an attendance ticket issued by the entity holding the meeting. Please check the meeting materials for any special requirements for meeting attendance. At the meeting, you will need to request a ballot to vote these shares.
Vote By Internet:To vote now by Internet, go towww.proxyvote.com.Have the information that is printed in the boxmarked by the arrow (located on the following page) available and follow the instructions.
Vote By Mail:You can vote by mail by requesting a paper copy of the materials, which will include a proxy card.
|
M62778-S10184
THE BOARD OF DIRECTORS/TRUSTEES RECOMMENDS A VOTEFOR EACH OF THE FOLLOWING NOMINEES:
| 1. | PROPOSAL TO ELECT THE DIRECTOR/TRUSTEE NOMINEES |
01) John T. Collins
02) P. Jerome Richey
THE PROXIES ARE AUTHORIZED AND RESERVE THE RIGHT TO VOTE UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE SPECIAL MEETING OR ANY ADJOURNMENT OR POSTPONEMENT THEREOF.
M62782-S10184
M62783-S10184
