Federated Inter Govt/Corp Instl  FGCIX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Short-Term Bond Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   3.50 Yrs
   Avg Credit Quality
   A
As of 2009-09-30
Day Change
$ -0.01
  
NAV (2009-11-20)
$ 10.18
  
YTD Return % (2009-11-20)
7.64%
  
Total Assets ($ mil)
5
View Data Definitions
  Performance    
Growth of $10,000 Fund: Federated Inter Govt/Corp Instl
(from 2005-09-02 to 2009-10-31) Category: Short-Term Bond
Index: BarCap US Agg Bond TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 2005-09-02 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 7.64 11.62 6.77 --- --- 5.64
+/- Category -1.45 2.03 3.16 --- --- ---
+/- BarCap US Agg Bond TR USD 0.73 -0.87 0.32 --- --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 5.96 8.00 6.51 --- --- 5.44
Month-End (as of 2009-10-31) 7.26 13.10 6.73 --- --- 5.64
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 11.08 4.98 --- --- ---
On Distribution & Sale of Shares --- 9.05 4.78 --- --- ---
Morningstar Rating --- --- --- --- ---
# of compared funds covered (3 yrs : out of 360 funds), (5 yrs : out of funds), (10 yrs : out of funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
US Government 4.82
US Treasuries 4.82
TIPS 0.00
US Agency 0.00
Mortgage 12.42
Mortgage Pass-Thru 1.44
Mortgage CMO 10.98
Mortgage ARM 0.00
Credit 62.83
US Corporate 62.83
Asset-Backed 0.00
Convertible 0.00
Municipal 0.00
Corporate Inflation-Protected 0.00
Foreign 16.33
Foreign Corp 16.33
Foreign Govt 0.00
Cash 3.60
Bond Quality % of Bonds
AAA 17.8
AA 3.6
A 32.2
BBB 43.7
BB 2.3
B 0.4
Below B 0.0
Not Rated 0.0
 
Asset Allocation
% of Net Assets
Cash 3.6
Stocks 0.0
Bonds 96.4
Other 0.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings Turnover % 205
Total Number of Bond Holdings 141 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 19.76 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
United States Treas Nts 2.625% 2014-07-31 300 305 4.82
Federated Prime Value Obligations Instl --- 208 208 3.28
Jp Morgan Chase 2007-Cibc19 CMO 2049-02-12 200 175 2.76
Time Warner Companies 6.875% 2018-06-15 100 111 1.76
Fmr 144A 4.75% 2013-03-01 100 102 1.61
Csfb Coml Mtg Ptc 2005-C1 CMO 2038-02-15 100 98 1.54
Lb-Ubs Cmbs 2008-C1 CMO 2041-04-15 100 93 1.47
TIME WARNER CABLE 2019-02-14 75 93 1.46
Cd 2007-Cd5 Mtg Tr CMO 2044-11-15 100 92 1.45
Morgan Stanley Cap 2006-Iq12 CMO 5.332% 2043-12-15 100 92 1.45
Data through 2009-09-30
  Other Information
Fund Inception: 2005-09-02
Portfolio Manager  (Start Date)
Christopher J. Smith  (2005-09-02)
Christopher J. Smith, CFA, Vice President, Portfolio Manager. Responsible for portfolio management and research, focusing primarily on financial institution portfolios (insurance companies, banks, credit unions & pension funds). Previous associations: Portfolio Manager and Manager of Derivative Securities, Unum Provident Corporation; Investment Strategist and Financial Economist, Mellon Bank Corporation; Asset/Liability Financial Analyst, JP Morgan Chase & Co. B.S., B.A., Xavier University; M.A., University of Kentucky. Completed all coursework towards Ph.D. in Economics/Finance. Professional affiliation: Member, CFA Society of Pittsburgh. Joined Federated 1995; Investment Experience: 26 Years.
Sales Charge %
(taken from prospectus dated 2009-10-31)
Front: None
Deferred: None
Expense Ratio % 0.30
based on net assets
(taken from annual report dated 2009-08-31)
Correspondence Information
5800 Corporate Drive

Pittsburgh,  PA  15237-7000
USA
Telephone:
800-341-7400
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.