FULIX : Federated Ultrashort Bond Fund Institutional Shares

FULIX is a Alternative Market Short with MODERATE fees.

FULIX

Federated Ultrashort Bond Fund Institutional Shares

FI Score

58 /100

Expense Ratio Rating

6 /10

Expense Rating

6 /10

Market Score

7 /10

Category Score

0 /10

Market Size

7 /10

58% FI Score
  • fulix
  • Mutual Fund
  • Alternative
  • Short

Federated Ultrashort Bond Fund Institutional Shares

Expenses: 0.36% (Better than 1% of similar funds)

This is an OK choice for a Short Alternative fund. See why ยป

Fund Summary

The investment seeks to provide total return consistent with current income. The fund invests primarily (that is, more than 50%) in investment-grade, fixed-income securities, including but not limited to asset-backed securities and corporate debt securities, but may invest up to 35% of its assets in noninvestment-grade, fixed-income securities. It will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in fixed-income investments. It may also invest in government securities that are supported by the full faith and credit of the U.S. government, such as those issued by the Government National Mortgage Association.

Largest Holdings

Amount Holding
1.35% 5 Year Treasury Note Future June 20
0.99% FONTAINEBLEAU MIAMI BEACH TRUST 3.45%
0.91% VOLVO FINANCIAL EQUIPMENT MASTER 1.2%
0.90% Nextgear Floorplan Master Owner Trust 3.46%
0.89% Federated Bank Loan Core
0.79% Westpac Banking Corporation 2.42%
0.78% Vodafone Group plc 2.83%
0.76% National Australia Bank Limited 1.18%
0.65% High Yield Bond Portfolio
0.64% DLL 2019-2 LLC 2.34%
0.63% Royal Bank of Canada 1.56%
0.60% National Bank of Canada 2.1%
0.59% Gracechurch Card Programme Funding plc 1.1%
0.58% Cht Mortgage Trust 2.1%
0.58% SECURITIZED TERM AUTO RECEIVABLES TR 2019-1 3.14%
0.57% SANTANDER RETAIL AUTO LEASE TRUST 1.11%
0.56% Verizon Owner Trust 1.03%
0.56% VOLVO FINANCIAL EQUIPMENT MASTER 1.22%
0.55% Golden Credit Card Trust 1.22%
0.53% Comcast Corporation 2.46%
0.52% Evergreen Credit Card Trust 1.07%
0.51% Nissan Master Owne 1.13%
0.51% F N B Corp 2.2%
0.49% The Home Depot, Inc. 1.89%
0.49% Navistar FinDeal 1.58%

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