The investment seeks to capital appreciation The fund invests at least 80% of assets in equity securities of U.S. companies with small market capitalizations. It invests assets in a diversified portfolio of equity securities including common stocks, preferred stocks and other domestically traded securities of foreign issuers which may constitute up to 20% of assets. The fund may also invest in debt securities convertible into common stocks, and may invest up to 5% of net assets in warrants and rights, and up to 15% of net assets in equity interests issued by real estate investment trusts. It may use derivative contracts and/or hybrid instruments.
Fund filings (PDF) »

Asset managers:
Stephen Gutch (Started: Jan 31, 2006)
Lawrence Creatura (Started: Feb 28, 1996)

Advisor Company:
Federated Global Inv Mgmt Corp
Fund family reports on Morningstar »

	1 year	3 years	5 years	10 years
Alpha*	0.60	5.33	2.88	8.52
Beta*	1.23	1.15	1.16	1.00
Mean annual return	3.20	-0.10	0.35	0.75
R-squared*	83.41	85.67	82.76	59.97
Standard deviation	27.12	24.68	20.44	20.71
Sharpe ratio	1.41	-0.13	0.06	0.30
* Against standard index

Risk measurement details »

Security	Net Assets
Prime Value Obligations Fund, Institutional Shares, 0.30%	3.11%
Triquint Semiconductor (TQNT)	1.49%
Helix Energy Solutions Group, Inc. (HLX)	1.39%
Nbty, Inc. (NTY)	1.18%
Platinum Underwriters Holdings, Ltd. (PTP)	1.16%
Cabot Oil & Gas Corporation A (COG)	1.14%
American Campus Communities, Inc. (ACC)	1.12%
National Retail Properties, Inc. (NNN)	1.10%
Interline Brands, Inc. (IBI)	1.09%
Skechers USA, Inc. (SKX)	1.07%

Holdings Performance »