NYSE ARCA | ETF
The fund pursues its investment objective by investing primarily inU. S. dollar denominated, investment-grade, fixed-income securities.
In addition, the fund may invest in high-yield, non-U.S. dollar denominated, and emerging market fixed-income securities when Federated Investment Management Company considers the risk-return prospects of those sectors to be attractive.
The fund may invest up to 25% of its total assets in noninvestment-grade debt securities.
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