Address And Details

1001 Liberty Ave. , Pittsburgh, PA 15222
Fund Manager Linda Bakhshian
Manager Tenure 11 Years 10 Months

Strategy And Objective

The Fund's investment objective is to provide above average income and capital appreciation. The Fund pursues its investment objective by investing primarily in income-producing equity securities which the Adviser believes are undervalued and likely to appreciate in price. The Fund's holdings ordinarily will be in mid-capitalization (or mid-cap ) to large-capitalization (or large- cap ) domestic companies that pay dividends, although the Fund may invest across all market capitalizations. The Fund's investment adviser, Federated Equity Management Company of Pennsylvania ( Adviser ) ordinarily selects dividend paying stocks that have a comparatively low volatility in share price relative to the overall equity market and may also select securities of companies that offer superior total return prospects. The Fund may also invest, to a lesser extent, in securities of foreign issuers, and may invest in real estate investment trusts and securities of other investment companies. The Fund may invest in derivative contracts and/or hybrid instruments (such as, for example, futures contracts, including S&P 500 Index futures, equity linked notes, option contracts, and swap contracts) to implement elements of its investment strategy. For example, the Fund may use derivative contracts or hybrid instruments to increase or decrease the portfolio's exposure to the investment(s) underlying the derivative or hybrid instruments in an attempt to benefit from changes in the value of the underlying investment(s). There can be no assurance that the Fund's use of derivative contracts or hybrid instruments will work as intended. Derivative investments made by the Fund are included within the Fund's 80% policy, as described below, and are calculated at market value. The Fund actively trades its portfolio securities in an attempt to achieve its investment objective. Active trading will cause the Fund to have an increased portfolio turnover rate and increase the Fund's trading costs, which may have an adverse impact on the Fund's performance. An active trading strategy will likely result in the Fund generating more short-term capital gains or losses. Short-term gains are generally taxed at a higher rate than long-term gains. Any short-term losses are used first to offset short-term gains. The Fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in income-producing equity investments. The Fund will notify shareholders at least 60 days in advance of any change in its investment policy that would permit the Fund to invest, under normal circumstances, less than 80% of its net assets (plus any borrowings for investment purposes) in income-producing equity investments.

Net Asset Value

as of 4:34 PM ET 09/17/2021

Performance

  • 1 Week
  • +0.23%
  • 1 Month
  • -1.35%
  • 3 Months
  • -0.11%
  • 1 Yr Return
  • +28.89%
  • 5 Yr Return
  • +22.31%

Equity Sector Breakdown

Finance 26.28%
Technology 15.45%
IndustrialCyclical 13.80%
NonDurables 11.99%
Energy 7.51%
Health 6.76%
RetailTrade 4.39%
Utilities 3.87%
ConsumerDurables 3.20%
Services 1.93%

Asset Allocation

Asset Type % Of Allocation
Stocks 98.82%
ForeignStocks 4.09%
Other 1.05%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 18.88 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -9.19 -7.35 -5.79
Beta 1.05 1.03 1.00
R Squared 0.92 0.90 0.91
Std Deviation 20.25 16.33 14.13
Sharpe Ratio 0.44 0.61 n/a

Purchase Information

as of 5:20 PM ET 09/16/2021
Minimum Initial $1500
Minimum Additional $100
Minimum Initial IRA $250

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +30.59%
  • +41.93%
+30.59% +41.93%
3 Year
  • +7.84%
  • +8.86%
+7.84% +8.86%
10 Year
  • +9.60%
  • +8.86%
+9.60% +8.86%
Life Of Fund
  • +7.03%
  • +7.04%
+7.03% +7.04%

Top 10 Holdings

Symbol Company Name % Of Assets
BAC BANK OF AMERICA CORPORATION 3.68%
COF CAPITAL ONE FINANCIAL CORP 3.01%
GE GENERAL ELECTRIC CO 2.90%
CIWV CITIZENS FINANCIAL CORP 2.82%
HON HONEYWELL INTL INC 2.46%
LPLA LPL INVESTMENT HOLDINGS INC 2.39%
GS GOLDMAN SACHS GROUP INC 2.34%
CMCSA COMCAST CORP 2.30%
UNH UNITEDHEALTH GROUP INC 2.19%
CVX CHEVRON CORP 2.16%

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