PITTSBURGH, Jan. 30, 2015 /PRNewswire/ -- Federated
Enhanced Treasury Income Fund (NYSE: FTT) today announced earnings
for the fiscal year ended Nov. 30,
2014. The fund employs an integrated U.S. Treasury-based
strategy with an option-writing strategy and a duration management
overlay in order to provide the potential for current income and
total return.
For the fiscal year ended Nov. 30,
2014, FTT reported net investment income of $1.35 million or $0.16 per share. FTT made distributions of
$4.55 million, or $0.53 per share of which $3.2 million, or $0.37 per share, represented a return of
capital. Net realized and unrealized losses were $2.5 million or $0.29 per share. Total net assets of the
fund were $122.7 million and the net
asset value per share was $14.28.
Fund composition and performance data for the fund as of
Dec. 31, 2014 are available in the
Products section of FederatedInvestors.com.
Data is updated on the website approximately 15 days following each
month-end and full portfolio listings are updated approximately 30
days following each calendar quarter-end. To order hard
copies or to be placed on a mailing list, call 1-800-245-0242
x5587538, email CEinfo@federatedinv.com or write to Federated
Investors, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222.
Federated Investors, Inc. (NYSE: FII) is one of the largest
investment managers in the United
States, managing $362.9
billion in assets as of Dec.
31, 2014. With 131 funds and a variety of separately
managed account options, Federated provides comprehensive
investment management worldwide to approximately 7,700 institutions
and intermediaries including corporations, government entities,
insurance companies, foundations and endowments, banks and
broker/dealers. For more information, visit
FederatedInvestors.com.
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SUMMARY OF RESULTS
OF OPERATIONS
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|
(For a share
outstanding throughout each period)
|
|
|
Year Ended Nov.
30,
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Period
Ended
|
|
2014
|
2013
|
2012
|
2011
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11/30/20101
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|
Net Asset Value,
Beginning of Period
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$ 14.93
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$
15.96
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$ 16.54
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$ 18.03
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$ 19.10
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Income from
Investment Operations:
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|
|
|
|
|
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Net investment income2
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0.16
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0.12
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0.15
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0.21
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0.15
|
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Net realized and unrealized gain (loss) on investments,
futures contracts and written options
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(0.29)
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(0.59)
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0.10
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(0.68)
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(0.10)
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TOTAL FROM INVESTMENT
OPERATIONS
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(0.13)
|
(0.47)
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0.25
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(0.47)
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0.05
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Offering
costs
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--
|
--
|
--
|
--
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(0.04)
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Less
Distributions:
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|
|
|
|
|
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From net investment income
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(0.16)
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(0.12)
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(0.17)
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(0.21)
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(0.15)
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Return of capital2,3
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(0.37)
|
(0.55)
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(0.71)
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(0.81)
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(0.93)
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TOTAL DISTRIBUTIONS
TO SHAREHOLDERS
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(0.53)
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(0.67)
|
(0.88)
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(1.02)
|
(1.08)
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Repurchase of
Common Shares
|
0.01
|
0.11
|
0.05
|
--
|
--
|
|
Net Asset Value,
End of Period
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$ 14.28
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$
14.93
|
$ 15.96
|
$ 16.54
|
$ 18.03
|
|
Market Price, End
of Period
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$ 13.25
|
$
12.80
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$ 14.37
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$ 14.03
|
$ 16.67
|
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Total Return at
Net Asset Value4
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(0.87)%
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(2.29)%
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1.91%
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(2.66)%
|
0.10%
|
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Total Return at
Market Price5
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7.64%
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(6.45)%
|
8.82%
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(10.12)%
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(11.72)%
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|
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1 Reflects
operations for the period from Jan. 29, 2010 (date of initial
investment) to Nov. 30, 2010.
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2 Per share
numbers have been calculated using the average shares
method.
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3 Represents a
return of capital for federal income tax purposes.
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4 Total Return at
Net Asset Value is the combination of changes in the Common Share
net asset value, reinvested dividend income and reinvested capital
gains distributions at net asset value, if any, and does not
reflect the sales charge, if applicable. Total returns for periods
of less than one year are not annualized.
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5 Total Return at
Market Price is the combination of changes in the market price per
share and the effect of reinvested dividend income and reinvested
capital gains distributions, if any, at the average price paid per
share at the time of the reinvestment.
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visit:http://www.prnewswire.com/news-releases/federated-enhanced-treasury-income-fund-reports-annual-earnings-300028419.html
SOURCE Federated Investors, Inc.