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Federated Absolute Return Fund Class C Shares (FMRCX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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8.17+0.06 (+0.74%)
At close: 08:00PM EDT

Federated Absolute Return Fund Class C Shares

Federated Equity Funds

5800 Corporate Drive

Pittsburgh, PA 15222-3779

800-341-7400
Management information
Dana L. Meissner,Lead manager since 27 February 2009
Meissner joined Federated in May 2000 as an Investment Analyst of and became senior investment analyst and assistant vice president in 2003. He was an engineering consultant with AEA Technology Engineering Software from December 1994 through August 1998. 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.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryMarket Neutral
Fund familyFederated
Net assets62.49M
YTD return2.46%
Yield0.00%
Morningstar rating★
Inception date3 Dec 2000

Fund operations

Last dividend0.02
Last cap gain0.00
Holdings turnover192.00%
Average for categoryN/A

Fees and expenses

ExpenseFMRCXCategory average
Annual report expense ratio (net)3.15%2.03%
Prospectus net expense ratio3.15%N/A
Prospectus gross expense ratio3.41%N/A
Max 12b1 fee0.75%N/A
Max front end sales loadN/A4.75%
Max deferred sales load1.00%1.27%
3-yr expense projection1,048N/A
5-yr expense projection1,774N/A
10-yr expense projection3,694N/A