Federated Absolute Return C
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
140.8%
1 yr return
-5.2%
3 Yr Avg Return
-4.8%
5 Yr Avg Return
-3.2%
Net Assets
$62.5 M
Holdings in Top 10
10.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.11%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 192.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,500
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FMRCX - Profile
Distributions
- YTD Total Return 140.8%
- 3 Yr Annualized Total Return -4.8%
- 5 Yr Annualized Total Return -3.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.83%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFederated Absolute Return Fund
-
Fund Family NameFederated
-
Inception DateDec 04, 2000
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDana L. Meissner
Fund Description
FMRCX - Performance
Return Ranking - Trailing
Period | FMRCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 140.8% | -14.9% | 359.4% | 0.39% |
1 Yr | -5.2% | -40.6% | 367.9% | 0.39% |
3 Yr | -4.8%* | -40.2% | 61.1% | 1.10% |
5 Yr | -3.2%* | -27.0% | 33.2% | 3.23% |
10 Yr | -2.3%* | -9.6% | 18.3% | 45.65% |
* Annualized
Return Ranking - Calendar
Period | FMRCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -15.4% | -73.8% | 141.8% | 53.94% |
2022 | 4.8% | -76.0% | 54.2% | 96.65% |
2021 | -8.3% | -15.2% | 13.9% | 96.12% |
2020 | 0.3% | -36.4% | 17.2% | 16.48% |
2019 | 5.2% | -28.9% | 18.4% | 12.43% |
Total Return Ranking - Trailing
Period | FMRCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 140.8% | -14.9% | 359.4% | 0.39% |
1 Yr | -6.2% | -40.6% | 367.9% | 0.39% |
3 Yr | -4.8%* | -32.6% | 61.1% | 1.10% |
5 Yr | -3.2%* | -21.4% | 33.2% | 3.23% |
10 Yr | -2.3%* | -9.6% | 18.3% | 64.49% |
* Annualized
Total Return Ranking - Calendar
Period | FMRCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -15.4% | -73.8% | 140.6% | 68.69% |
2022 | 4.8% | 1.5% | 54.2% | 98.66% |
2021 | -8.3% | -15.2% | 17.1% | 98.06% |
2020 | 0.3% | -36.4% | 18.6% | 36.54% |
2019 | 5.2% | -16.5% | 18.4% | 24.56% |
FMRCX - Holdings
Concentration Analysis
FMRCX | Category Low | Category High | FMRCX % Rank | |
---|---|---|---|---|
Net Assets | 62.5 M | 218 K | 99.7 B | 81.25% |
Number of Holdings | 47 | 19 | 8193 | 85.42% |
Net Assets in Top 10 | 6.66 M | 236 K | 18.3 B | 87.69% |
Weighting of Top 10 | 10.22% | 7.1% | 76.0% | 99.24% |
Top 10 Holdings
- Exelon Corp 1.47%
- Merck & Co Inc 1.29%
- Verizon Communications Inc 1.05%
- Alphabet Inc A 1.00%
- Simon Property Group Inc 0.98%
- Chevron Corp 0.95%
- Comcast Corp Class A 0.91%
- Check Point Software Technologies Ltd 0.89%
- Procter & Gamble Co 0.84%
- Cisco Systems Inc 0.84%
Asset Allocation
Weighting | Return Low | Return High | FMRCX % Rank | |
---|---|---|---|---|
Cash | 70.91% | -4.56% | 89.42% | 1.52% |
Stocks | 29.09% | 2.12% | 100.27% | 98.86% |
Preferred Stocks | 0.00% | 0.00% | 4.74% | 97.35% |
Other | 0.00% | -1.36% | 20.43% | 97.54% |
Convertible Bonds | 0.00% | 0.00% | 3.72% | 97.54% |
Bonds | 0.00% | -11.97% | 16.33% | 97.92% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FMRCX % Rank | |
---|---|---|---|---|
Technology | 8.80% | 2.76% | 52.78% | 95.83% |
Healthcare | 4.56% | -4.43% | 27.15% | 92.05% |
Consumer Cyclical | 3.27% | 0.00% | 36.08% | 97.92% |
Industrials | 2.56% | -5.03% | 25.28% | 95.64% |
Real Estate | 2.06% | -1.40% | 12.47% | 42.80% |
Consumer Defense | 1.98% | -1.09% | 27.09% | 85.98% |
Communication Services | 1.96% | -0.46% | 29.02% | 68.94% |
Utilities | 1.95% | -0.68% | 12.97% | 45.27% |
Financial Services | 1.00% | -3.32% | 31.49% | 98.86% |
Energy | 0.95% | 0.00% | 12.49% | 72.35% |
Basic Materials | 0.00% | -0.64% | 11.13% | 98.86% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FMRCX % Rank | |
---|---|---|---|---|
US | 28.71% | -5.21% | 76.88% | 98.48% |
Non US | 0.38% | -0.77% | 85.33% | 98.67% |
FMRCX - Expenses
Operational Fees
FMRCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.11% | 0.08% | 44.68% | 9.51% |
Management Fee | 0.75% | 0.06% | 1.75% | 58.71% |
12b-1 Fee | 0.75% | 0.00% | 1.00% | 76.45% |
Administrative Fee | 0.10% | 0.01% | 0.65% | 68.40% |
Sales Fees
FMRCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.10% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.50% | 96.10% |
Trading Fees
FMRCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.10% | 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.
FMRCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 192.00% | 4.00% | 995.00% | 97.13% |
FMRCX - Distributions
Dividend Yield Analysis
FMRCX | Category Low | Category High | FMRCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 76.55% | 96.78% |
Dividend Distribution Analysis
FMRCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
FMRCX | Category Low | Category High | FMRCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.83% | -2.05% | 6.32% | 97.48% |
Capital Gain Distribution Analysis
FMRCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 26, 2013 | $0.004 | |
Dec 29, 2010 | $0.282 | |
Dec 29, 2009 | $0.194 | |
Mar 30, 2009 | $0.003 | |
Dec 30, 2008 | $0.100 | |
Sep 30, 2008 | $0.087 | |
Jun 30, 2008 | $0.072 | |
Mar 28, 2008 | $0.105 | |
Dec 28, 2007 | $0.075 | |
Sep 28, 2007 | $0.075 | |
Jun 28, 2007 | $0.079 | |
Mar 28, 2007 | $0.076 | |
Dec 28, 2006 | $0.076 | |
Sep 28, 2006 | $0.077 | |
Jun 28, 2006 | $0.045 | |
Mar 28, 2006 | $0.027 | |
Dec 28, 2005 | $0.027 | |
Sep 28, 2005 | $0.026 | |
Jun 28, 2005 | $0.035 | |
Mar 29, 2005 | $0.036 | |
Dec 28, 2004 | $0.042 | |
Sep 28, 2004 | $0.042 | |
Jun 29, 2004 | $0.044 | |
Mar 30, 2004 | $0.044 | |
Dec 30, 2003 | $0.060 | |
Sep 30, 2003 | $0.074 | |
Jun 30, 2003 | $0.076 | |
Mar 28, 2003 | $0.086 | |
Dec 30, 2002 | $0.087 | |
Sep 30, 2002 | $0.084 | |
Jun 28, 2002 | $0.086 | |
Mar 28, 2002 | $0.087 | |
Dec 31, 2001 | $0.085 | |
Sep 28, 2001 | $0.088 | |
Jun 29, 2001 | $0.090 | |
Mar 30, 2001 | $0.096 |
FMRCX - Fund Manager Analysis
Managers
Dana L. Meissner
Start Date
Tenure
Tenure Rank
Feb 28, 2009
10.42
10.4%
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 | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 28.93 | 6.66 | 0.59 |