FTIIX : Federated Global Total Return Bond Fund Class A Shares

Fund Summary

The investment seeks to obtain a total return on its assets. The fund invests primarily in investment-grade, fixed-income securities, including U.S. and non-U.S. government, agency, inflation protected, mortgage-related, loan participation, asset-backed and corporate debt securities. It may invest up to 25% of its total assets in non-investment-grade, fixed-income securities and/or emerging markets fixed income securities. The fund may use derivative contracts (such as, for example, futures contracts, option contracts and swap contracts) and/or hybrid instruments to implement its investment strategy and to hedge against potential losses. It is non-diversified.