PITTSBURGH, Aug. 12, 2014 /PRNewswire/ -- Federated
Enhanced Treasury Income Fund (NYSE: FTT) today announced the
monthly distribution under its managed distribution
plan. Under the plan, the fund makes monthly cash
distributions approximating 3.5% of the fund's net asset value
(NAV) on an annualized basis. The fund may make distributions
in excess of those required under the plan in order to meet its
obligations under the Internal Revenue Code.
Pursuant to the plan, the fund has declared its monthly
distribution. The distribution amount is based on the fund's NAV of
$14.74 on July
31, 2014.
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Record
Date:
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Aug. 22,
2014
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Ex-Dividend
Date:
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Aug. 20,
2014
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|
|
|
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Payable
Date:
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Aug. 29,
2014
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|
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Distributions Per
Share
|
|
|
Amount
|
|
Change From
Previous Month
|
|
Federated Enhanced
Treasury Income Fund
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$ 0.042
|
|
$ --
|
The fund's distributions under the plan, including the current
distribution, may include net investment income, net realized
long-term capital gains, net realized short-term capital gains and
return of capital. If a distribution does not consist solely
of net investment income, a notice with the estimated components of
the distribution will be (i) provided to shareholders at the time
of payment; and (ii) posted to the fund's website at
FederatedInvestors.com. Investors should use the Form 1099-DIV sent
after calendar year end, and not the notice, to prepare tax
returns. Investors should not draw any conclusions about the fund's
investment performance from the amount of this distribution or from
the terms of the fund's plan. The fund employs an integrated
U.S. Treasury-based strategy with option writing and a duration
management overlay in order to seek to provide investors with the
potential for current income and total return.
Federated Investors, Inc. (NYSE: FII) is one of the largest
investment managers in the United
States, managing $351.6
billion in assets as of June
30, 2014. With 133 funds, as well as a variety of
separately managed account options, Federated provides
comprehensive investment management worldwide to approximately
6,100 institutions and intermediaries including corporations,
government entities, insurance companies, foundations and
endowments, banks and broker/dealers. For more information,
visit FederatedInvestors.com.
SOURCE Federated Investors, Inc.