We view ourselves as investors in businesses, analyzing the long-term cash flow and dividend growth forecast of each company. We also assess their management's ability and inclination to pay and increase dividends.

Dividend Opportunities

One stock at a time

Fund managers build a portfolio of 35-45 stocks ranked according to their dividend yield, dividend growth, strong financials and performance regardless of market conditions.

Risk and reward balance

Historically, companies that pay dividends have less volatile stock prices than those that don't and may help cushion portfolio downside by paying returns in cash.

Investment Approach

Views are as of 09-18-2018 and are subject to change based on market conditions and other factors. These views should not be construed as a recommendation for any specific security or sector.
The dividend-seeking investor in the U.S. market really is presented with a fairly stable opportunity set, and it’s been in sectors that have been offering income streams for quite some time.
Daniel Peris, senior portfolio manager

More Investment Options

DISCLOSURES

Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, call us or view the prospectus provided on this website. Please carefully read the summary prospectus or prospectus before investing.

Past performance is no guarantee of future results.

International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards.

There are no guarantees that dividend-paying stocks will continue to pay dividends. In addition, dividend-paying stocks may not experience the same capital appreciation potential as non-dividend-paying stocks.

Because the fund may allocate relatively more assets to certain industry sectors than others, the fund's performance may be more susceptible to any developments which affect those sectors emphasized by the fund.

Mutual funds are subject to risks and fluctuate in value.

Federated Securities Corp., Distributor

19-20060 (3/19)