Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Mutualfunds logo

PBRCX Federated Prudent Bear C

  • Fund
  • PBRCX
  • Price as of: Mar 22, 2019
  • $11.67
  • + $0.19
  • + 1.66%
  • Category
  • Bear Market

PBRCX - Profile

Vitals

  • YTD Return -9.5%
  • 3 Yr Annualized Return -15.1%
  • 5 Yr Annualized Return 37.6%
  • Net Assets $190 M
  • Holdings in Top 10 297.3%

52 WEEK LOW AND HIGH

$11.67
$11.48
$14.10

Expenses

OPERATING RELATED FEES

  • Expense Ratio 4.28%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 284.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,500

IRA

$250

Investment Themes

CATEGORY

Bear Market
  • Fund Type Open End Mutual Fund
  • Investment Style Bear Market

Distributions

  • YTD Total Return -9.5%
  • 3 Yr Annualized Total Return -15.1%
  • 5 Yr Annualized Total Return 37.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.49%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Federated Prudent Bear Fund
  • Fund Family Name Federated
  • Inception Date Feb 08, 1999
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Chad E. Hudson

Fund Description

The fund pursues its investment objective primarily through short positions in domestically traded equity securities and indices. It holds short-term liquid securities such as money market funds, U.S. Treasury securities, government agency securities or other equity securities for liquidity purposes and to cover its obligation to purchase securities subject to short sales in the future. The fund also seeks capital appreciation through long positions on equity securities which the fund's adviser believes are undervalued.

PBRCX - Performance

Return Ranking - Trailing

Period PBRCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -9.5% -16.3% 0.5% 31.58% 2
1 Yr -15.7% -34.7% 241.2% 89.47% 5
3 Yr -15.1% * -16.1% 49.8% 75.00% 4
5 Yr 37.6% * -14.5% 38.9% 12.50% 1
10 Yr 5.4% * -19.1% 6.5% 13.33% 1

* Annualized


Return Ranking - Calendar

Period PBRCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -6.6% -15.4% 302.0% 87.50% 5
2017 -16.4% -21.0% -7.9% 56.25% 3
2016 759.9% -21.2% 767.0% 12.50% 1
2015 -5.4% -13.1% 3.8% 56.25% 3
2014 -15.4% -25.4% -11.0% 62.50% 4

Total Return Ranking - Trailing

Period PBRCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -9.5% -16.3% 0.5% 26.32% 2
1 Yr -15.7% -37.2% 241.2% 89.47% 5
3 Yr -15.1% * -16.1% 49.8% 75.00% 4
5 Yr 37.6% * -14.5% 38.9% 12.50% 1
10 Yr 5.4% * -19.1% 6.5% 13.33% 1

* Annualized


Total Return Ranking - Calendar

Period PBRCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -6.6% -15.4% 302.0% 94.12% 5
2017 -16.4% -21.0% -7.9% 56.25% 3
2016 759.9% -21.2% 767.0% 12.50% 1
2015 -5.4% -14.0% 7.2% 87.50% 5
2014 -15.4% -27.9% -7.9% 68.75% 4

NAV & Total Return History

PBRCX - Holdings

Filings data as of: Sep 30, 2018

Concentration Analysis

PBRCX Category Low Category High PBRCX % Rank Quintile
Net Assets 190 M 114 K 2.06 B 15.79% 2
Number of Holdings 147 5 951 15.79% 2
Net Assets in Top 10 -43.4 M -1.11 B 118 M 42.11% 5
Weighting of Top 10 297.3% 0.0% 478.3% 10.53% 2

Top 10 Holdings

  1. S+p500 Emini Fut Dec18 Xcme 20181221 108.91%
  2. United States Treasury Notes 1.38% 78.86%
  3. SPDR® S&P 500 ETF 13.56%
  4. Technology Select Sector SPDR® ETF 22.48%
  5. Financial Select Sector SPDR® ETF 20.58%
  6. Microsoft Corp 6.76%
  7. United States Treasury Notes 1.12% 18.55%
  8. iShares MSCI Emerging Markets ETF 13.21%
  9. iShares Russell 2000 ETF 10.38%
  10. Alphabet Inc Class C 4.01%

Asset Allocation

Weighting Category Low Category High PBRCX % Rank Quintile
Cash
190.03% 68.50% 227.24% 15.79% 1
Bonds
97.41% -0.04% 105.60% 10.53% 2
Preferred Stocks
0.00% 0.00% 0.07% 15.79% 3
Convertible Bonds
0.00% 0.00% 1.14% 15.79% 3
Other
-0.01% -0.24% 31.50% 31.58% 5
Stocks
-187.42% -187.42% 0.00% 42.11% 5

Bond Sector Breakdown

Weighting Category Low Category High PBRCX % Rank Quintile
Cash & Equivalents
190.09% 68.50% 227.24% 15.79% 1
Government
97.41% -1.78% 97.41% 5.26% 1
Derivative
0.00% 0.00% 24.25% 15.79% 3
Securitized
0.00% 0.00% 47.47% 15.79% 3
Municipal
0.00% 0.00% 0.73% 15.79% 3
Corporate
-0.06% -0.06% 11.49% 26.32% 5

Bond Geographic Breakdown

Weighting Category Low Category High PBRCX % Rank Quintile
US
97.41% -0.01% 133.02% 10.53% 1
Non US
0.00% -97.81% 25.05% 10.53% 3

PBRCX - Expenses

Operational Fees

PBRCX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 4.28% 0.66% 8.46% 15.79% 5
Management Fee 1.25% 0.64% 2.00% 10.53% 4
12b-1 Fee 0.75% 0.00% 1.00% 16.67% 4
Administrative Fee 0.10% 0.04% 0.40% 33.33% 3

Sales Fees

PBRCX Fees (% of AUM) Category Low Category High PBRCX Rank Quintile
Front Load N/A 3.75% 5.75% N/A N/A
Deferred Load 1.00% 1.00% 1.00% 33.33% 2

Trading Fees

PBRCX Fees (% of AUM) Category Low Category High PBRCX Rank Quintile
Max Redemption Fee N/A 2.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PBRCX Fees (% of AUM) Category Low Category High PBRCX Rank Quintile
Turnover 284.00% 0.00% 1297.00% 11.11% 4

PBRCX - Distributions

Dividend Yield Analysis

PBRCX Category Low Category High PBRCX % Rank Quintile
Dividend Yield N/A 0.00% 0.29% N/A N/A

Dividend Distribution Analysis

PBRCX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

PBRCX Category Low Category High PBRCX % Rank Quintile
Net Income Ratio -1.49% -3.73% 2.55% 52.63% 3

Capital Gain Distribution Analysis

PBRCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

PBRCX - Managers

Chad E. Hudson

Manager

Start Date

May 21, 2009

Tenure

9.78

Tenure Rank

11.4%

Hudson has been the Portfolio Manager with Federated since May 2009. He is a Vice President of Federated Equity Management Company of Pennsylvania. From September 1994 to December 2008, he was employed with David Tice & Associates, Inc. where he served at various times as an analyst, trader and assistant portfolio manager.Mr. Hudson has received the Chartered Financial Analyst designation and holds a B.S. in economics from Texas A&M University.


P. Ryan Bend

Manager

Start Date

Dec 08, 2008

Tenure

10.23

Tenure Rank

6.8%

Ryan Bend is Vice President of Federated Equity Management Company of Pennsylvania. From June 2004 to December 2008, Mr. Bend served as Research Coordinator and Equity Analyst with David Tice & Associates, Inc. He was a Finance Manager with Rogers Communications, Inc. from July 2000 to July 2002. Mr. Bend has received the Chartered Financial Analyst designation and holds a B.A. in Finance and Economics from the Ivey School of Business at the University of Western Ontario, Canada and an M.B.A. from the Kelley School of Business at Indiana University.


Dana L. Meissner

Manager

Start Date

Nov 30, 2018

Tenure

0.25

Tenure Rank

36.4%

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.


Tenure Analysis

Category Low

0.3

Category High

43.8

Category Average

7.26

Category Mode

4.2