CAPBX: Federated Capital Income B

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CAPBX Federated Capital Income B


Profile

CAPBX - Profile

Vitals

  • YTD Return -2.0%
  • 3 Yr Annualized Return 0.1%
  • 5 Yr Annualized Return -1.2%
  • Net Assets $1.12 B
  • Holdings in Top 10 61.2%

52 WEEK LOW AND HIGH

$7.94
$7.62
$8.23

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.84%

SALES FEES

  • Front Load N/A
  • Deferred Load 5.50%

BROKERAGE FEES

  • Turnover 59.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Feb 01, 2018
  • Standard (Taxable) $1,500
  • IRA $250

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return -2.0%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 1.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.83%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Federated Capital Income Fund
  • Fund Family Name
    Federated
  • Inception Date
    Sep 28, 1994
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark Durbiano

Fund Description

The fund pursues its investment objectives by investing in both equity and fixed-income securities that have relatively high current income potential. The fund's investment adviser or subadviser ("Adviser") divides the fund's portfolio between equity and fixed-income investments by first allocating an amount to fixed-income investments sufficient to achieve a minimum income consistent with the fund's strategy of emphasizing relatively high current income potential.


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Categories

Performance

CAPBX - Performance

Return Ranking - Trailing

Period CAPBX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -15.0% 16.9% 75.32%
1 Yr 2.7% -38.5% 36.2% 61.11%
3 Yr 0.1%* -33.9% 11.4% 61.40%
5 Yr -1.2%* -37.5% 8.0% 73.75%
10 Yr 0.9%* -37.7% 15.7% 82.94%

* Annualized

Return Ranking - Calendar

Period CAPBX Return Category Return Low Category Return High Rank in Category (%)
2019 11.6% -50.4% 46.8% 45.98%
2018 -10.9% -31.8% 19.0% 64.13%
2017 5.7% -44.7% 46.3% 54.42%
2016 3.4% -84.5% 146.1% 52.58%
2015 -10.9% -40.7% 14.6% 87.20%

Total Return Ranking - Trailing

Period CAPBX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -15.0% 16.9% 75.32%
1 Yr 2.7% -38.5% 36.2% 61.00%
3 Yr 2.3%* -33.9% 11.4% 61.64%
5 Yr 1.6%* -37.5% 8.3% 66.81%
10 Yr 4.8%* -37.7% 16.6% 65.42%

* Annualized

Total Return Ranking - Calendar

Period CAPBX Return Category Return Low Category Return High Rank in Category (%)
2019 12.1% -50.4% 46.8% 42.61%
2018 -7.9% -27.4% 19.0% 62.78%
2017 9.2% -44.7% 46.3% 55.01%
2016 7.1% -84.5% 146.1% 33.46%
2015 -6.9% -36.9% 14.6% 84.01%

NAV & Total Return History


Holdings

CAPBX - Holdings

Concentration Analysis

CAPBX Category Low Category High CAPBX % Rank
Net Assets 1.12 B 178 K 161 B 32.48%
Number of Holdings 272 2 13810 42.96%
Net Assets in Top 10 693 M -39.4 M 33.7 B 22.54%
Weighting of Top 10 61.19% 9.4% 100.0% 31.45%

Top 10 Holdings

  1. High Yield Bond Portfolio 20.39%
  2. Federated Emerging Markets Core 14.04%
  3. Federated Mortgage Core Portfolio 12.05%
  4. 2 Year Treasury Note Future Mar20 5.89%
  5. Apple Inc 1.95%
  6. Microsoft Corp 1.86%
  7. 10 Year Treasury Note Future Mar20 1.46%
  8. JPMorgan Chase & Co 1.40%
  9. AT&T Inc 1.10%
  10. Verizon Communications Inc 1.06%

Asset Allocation

Weighting Return Low Return High CAPBX % Rank
Bonds
53.46% -3.79% 78.41% 29.95%
Stocks
40.23% -41.01% 78.71% 56.08%
Preferred Stocks
3.31% 0.00% 44.10% 12.28%
Cash
2.08% -102.09% 77.18% 73.12%
Convertible Bonds
0.91% -0.84% 52.57% 23.60%
Other
0.00% -41.44% 154.72% 96.72%

Stock Sector Breakdown

Weighting Return Low Return High CAPBX % Rank
Financial Services
18.00% 0.00% 67.69% 25.03%
Technology
15.76% 0.00% 72.78% 49.17%
Healthcare
12.61% 0.00% 61.80% 64.83%
Communication Services
9.25% 0.00% 32.16% 29.00%
Consumer Cyclical
9.23% 0.00% 32.07% 53.91%
Consumer Defense
8.54% 0.00% 25.21% 23.37%
Industrials
7.61% 0.00% 99.44% 83.02%
Energy
6.45% 0.00% 100.00% 25.47%
Utilities
5.49% 0.00% 100.00% 21.39%
Real Estate
4.49% -2.05% 100.00% 42.45%
Basic Materials
2.58% 0.00% 100.00% 62.18%

Stock Geographic Breakdown

Weighting Return Low Return High CAPBX % Rank
US
39.30% -41.02% 77.06% 47.20%
Non US
0.93% -2.63% 32.14% 79.05%

Bond Sector Breakdown

Weighting Return Low Return High CAPBX % Rank
Corporate
53.45% 0.00% 100.00% 18.73%
Government
21.11% -0.45% 93.76% 59.68%
Securitized
21.09% 0.00% 58.89% 42.01%
Cash & Equivalents
3.52% -3.87% 100.00% 87.20%
Derivative
0.83% -3.25% 55.67% 22.33%
Municipal
0.00% 0.00% 99.77% 99.26%

Bond Geographic Breakdown

Weighting Return Low Return High CAPBX % Rank
US
39.16% -5.05% 84.24% 46.35%
Non US
14.30% -12.68% 26.09% 3.81%

Expenses

CAPBX - Expenses

Operational Fees

CAPBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.84% 0.02% 18.45% 19.78%
Management Fee 0.60% 0.00% 2.00% 59.43%
12b-1 Fee 0.75% 0.00% 1.00% 76.13%
Administrative Fee 0.10% 0.01% 0.83% 41.89%

Sales Fees

CAPBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 5.50% 1.00% 5.50% 1.36%

Trading Fees

CAPBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

CAPBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 59.00% 0.00% 574.00% 59.40%

Distributions

CAPBX - Distributions

Dividend Yield Analysis

CAPBX Category Low Category High CAPBX % Rank
Dividend Yield 0.23% 0.00% 9.78% 45.50%

Dividend Distribution Analysis

CAPBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

CAPBX Category Low Category High CAPBX % Rank
Net Income Ratio 2.83% -4.40% 6.65% 15.79%

Capital Gain Distribution Analysis

CAPBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History

View More +

Fund Manager Analysis

CAPBX - Fund Manager Analysis

Managers

Mark Durbiano


Start Date

Tenure

Tenure Rank

Aug 31, 1996

23.43

23.4%

Mr. Durbiano joined Federated in 1982 and has been a Senior Portfolio Manager and a Senior Vice President of Federated Investment Management Company since 1996. From 1988 through 1995, Mr. Durbiano was a Portfolio Manager and a Vice President of Federated. Mr. Durbiano has received the Chartered Financial Analyst designation and an M.B.A. in Finance from the University of Pittsburgh.

Todd Abraham


Start Date

Tenure

Tenure Rank

Aug 31, 1996

23.43

23.4%

Todd A. Abraham is a Senior Portfolio Manager and Head of the Government/Mortgage-Backed Fixed Income Group. Mr. Abraham has been a Senior Portfolio Manager from 2007, Portfolio Manager from 1995 to 2006, a Senior Vice President since 2007 and a Vice President of Federated from 1997 to 2006. Mr. Abraham joined Federated in 1993 as an Investment Analyst and served as Assistant Vice President from 1995 to 1997. Mr. Abraham served as a Portfolio Analyst at Ryland Mortgage Co. from 1992 to 1993. Mr. Abraham has received the Chartered Financial Analyst designation and an M.B.A. in Finance from Loyola College.

Linda Bakhshian


Start Date

Tenure

Tenure Rank

Nov 30, 2009

10.18

10.2%

Ms. Bakhshian joined Federated in 2007 and has worked in investment management since 2002. Previously, she served as an equity research analyst with the Principal Financial Group from September 2002 to October 2007. Ms. Bakhshian has earned the Chartered Accountant designation and received her B.B. from the University of New England (Australia).

Ihab Salib


Start Date

Tenure

Tenure Rank

May 13, 2013

6.72

6.7%

Mr. Salib joined Federated in April 1999 as a Senior Fixed Income Trader/Assistant Vice President of the emerging markets affiliated fund's Adviser. In July 2000, he was named a Vice President and in 2007 was named Senior Vice President. From January 1994 through March 1999, Mr. Salib was employed as a Senior Global Fixed Income Analyst with UBS Brinson, Inc. Mr. Salib received his B.A. with a major in Economics from Stony Brook University.

Jerome Conner


Start Date

Tenure

Tenure Rank

Apr 08, 2014

5.82

5.8%

Jerome D. Conner, CFA, is responsible for providing research and advice on sector allocation and security selection. He has been with Federated since 2002; has worked in investment management since 1995. Education: B.S., U.S. Naval Academy; M.S., Boston University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 36.11 6.65 0.08