Add Fund

Are you sure you want to add to your My Favorites list?

Remove Fund

Are you sure you want to remove from your My Favorites list?

Federated Muni and Stock Advantage Fund

FMUFX

Asset Class: Multi-Asset
Prices as of 12-09-2018
NAV ($) 12.30
NAV Change ($) 0.00
MOP ($) 12.42
   
YTD Total Returns as of 12-09-2018
NAV (%) -3.27

Average Annual Total Returns - Net Asset Value (NAV) (%)
Before Taxes as of 11-30-2018
1 Yr.
Ann.
3 Yr.
Ann.
5 Yr.
Ann.
10 Yr.
Ann.
Since
Inception
-0.34 4.93 4.42 6.96 4.19

Before Taxes as of 09-30-2018
1 Yr.
Ann.
3 Yr.
Ann.
5 Yr.
Ann.
10 Yr.
Ann.
Since
Inception
4.98 7.00 5.55 6.27 4.49

Average Annual Total Returns - Maximum Offering Price (MOP) (%)
Before Taxes as of 11-30-2018
1 Yr.
Ann.
3 Yr.
Ann.
5 Yr.
Ann.
10 Yr.
Ann.
Since
Inception
-2.33 4.29 4.22 6.86 4.10

Before Taxes as of 09-30-2018
1 Yr.
Ann.
3 Yr.
Ann.
5 Yr.
Ann.
10 Yr.
Ann.
Since
Inception
2.97 6.35 5.34 6.16 4.40

Expense Ratios (%)§ as of 11-30-2018
Gross Expense Ratio (Before Waivers) 1.07
Net Expense Ratio (After Waivers) 1.00

30-Day Yields as of 11-30-2018
Net Asset Value (NAV) Maximum Offering Price (MOP)
30-Day
Yield
Unsub.
30-Day
Yield
30-Day
Yield
Unsub.
30-Day
Yield
1.95 1.87 1.93 1.85

30-Day Yields as of 09-30-2018
Net Asset Value (NAV) Maximum Offering Price (MOP)
30-Day
Yield
Unsub.
30-Day
Yield
30-Day
Yield
Unsub.
30-Day
Yield
1.79 1.71 1.77 1.69

Current performance may be lower or higher than what is stated.

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.

Offering price figures reflect the maximum sales charge 1% and the maximum contingent deferred sales charge of 1% for F Shares. See the prospectus for other fees and expenses that apply to a continued investment in the fund.


§ The fund’s expense ratio is from the most recent prospectus. The expense ratio may reflect voluntary fee waivers and/or expense reimbursements determined by the fund’s Advisor and its affiliates. The voluntary waivers and/or reimbursements, if applicable, are in effect up to but not including the later of 01/01/2019 or the date of the fund’s next effective prospectus.

Total returns for periods of less than one year are cumulative.

Total return may have been lower in the absence of temporary expense waivers or reimbursements.

Bond prices are sensitive to changes in interest rates, and a rise in interest rates can cause a decline in their prices.

International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards.

High-yield, lower-rated securities generally entail greater market, credit/default and liquidity risks and may be more volatile than investment-grade securities.

Fund income may be subject to state and local taxes. Although this fund pursues tax-advantaged income and seeks to invest primarily in securities whose interest is not subject to the federal alternative minimum tax, there are no assurances that it will achieve these goals.

There are no guarantees that dividend-paying stocks will continue to pay dividends.

As indicated in its name, Federated Muni and Stock Advantage Fund invests in both municipal (muni) securities and equity securities (stock) as described in the fund’s prospectus. Thus, the fund is not entirely a “tax-exempt” or “municipal” fund, and a portion of the income derived from the fund’s portfolio (or dividend distributions) will be subject to federal income tax and state and local personal income tax.

After-tax returns are calculated using a standard set of assumptions. Actual after-tax returns depend on each investor’s personal tax situation, and are likely to differ from those shown. The stated returns assume the highest historical federal income and capital gains tax rates, but do not reflect the effect of any applicable state and local taxes. Return After Taxes on Distributions assumes a continued investment in the fund and shows the effect of taxes on fund distributions. Return After Taxes on Distribution and Sale of Fund Shares assumes all shares were redeemed at the end of each measurement period, and shows the effect of any taxable gain (or offsetting loss) on redemption, as well as the effects of taxes on fund distributions. After-tax returns are not relevant to investors holding shares through tax-deferred programs, such as IRA, 401(k) plans. The after-tax average annual total returns are based on the 37% tax bracket and include the 3.8% tax on net investment income.

Federal tax rates used in the taxable equivalent yields calculations are based on the 37% tax bracket. The tax rates do not take into account the 3.8% tax on net investment income. Consult with your tax advisor and attorney regarding your situation.

Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, contact us or view the prospectus provided on this website. Please carefully read the summary prospectus or prospectus before investing.

For additional information, including definitions of related terms and indexes, see the Financial Glossary and Benchmark Index Glossary.

Federated Securities Corp., Distributor

Not FDIC Insured May Lose Value No Bank Guarantee

Share

LinkedIn Email
Close

Please enter at least 3 characters for Fund Name, Symbol, or CUSIP.

Please include additional search terms in addition to Federated.

Please include at least 3 other characters in addition to Federated.