Welcome!

News Feed Item

Federated Enhanced Treasury Income Fund Announces Estimated Sources of Distribution

PITTSBURGH, March 31, 2014 /PRNewswire/ -- Federated Enhanced Treasury Income Fund (NYSE: FTT) today paid a distribution per share of $0.043.  The fund employs a managed distribution plan to support a level distribution to shareholders that may be comprised of income, capital gains and/or return of capital.  Under the plan, the fund makes monthly cash distributions approximating 3.5% of the fund's net asset value (NAV) on an annualized basis based on the fund's NAV from the previous month-end.  The fund may make distributions in excess of those required under the plan in order to meet its obligations under the Internal Revenue Code.  This press release is issued as required by the fund's plan.

The distribution paid today is based on the fund's NAV of $14.88 on the last business day of February 2014. 

Shareholders 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's estimated sources of the distribution paid in March and for its current fiscal year are detailed below.


Current

Distribution

Percentage

of Current Distribution

Cumulative Distributions

for the Fiscal

Year-to-Date1

Percentage of the Cumulative Distributions for the Fiscal Year-to-Date1

Net Investment Income

$        0.0142

33%

$        0.0440

23%

Net Realized Short-Term Capital Gains

$        0.0101

24%

$        0.0250

13%

Net Realized Long-Term Capital Gains

$        0.0150

35%

$        0.0610

32%

Return of Capital or Other Capital Source

$        0.0037

8%

$        0.0600

32%

Total (per common share)

$        0.0430

100%

$        0.1900

100%

1 The fund's current fiscal year began on Dec. 1, 2013.

The amounts and sources of distributions reported are only estimates and are not provided for tax reporting purposes.  The actual amounts and sources of the amounts for tax reporting purposes will depend upon the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations.  The fund will send shareholders a Form 1099 DIV for the calendar year that will tell shareholders how to report these distributions for federal income tax purposes.

The table below includes information relating to the fund's performance based on its NAV for certain periods.

Average annual total return at NAV for the period from inception through Feb. 28, 20141

(0.58)%

Annualized current distribution rate as a percentage of NAV as of Feb. 28, 2014

3.47%

Cumulative total return at NAV for the fiscal year through Feb. 28, 20142

0.59%

Cumulative fiscal year-to-date distribution rate as a percentage of NAV as of Feb. 28, 2014

1.28%

1 Represents the simple arithmetic average of the annual NAV total returns of the fund for the period from inception (1/29/2010)      through Feb. 28, 2014, including distributions paid and assuming reinvestment of those distributions.
2 Represents the percentage change in the fund's NAV for the period from the beginning of its fiscal year to Feb. 28, 2014, including distributions paid and assuming reinvestment of those distributions.

Federated Investors, Inc. (NYSE: FII) is one of the largest investment managers in the United States, managing $376.1 billion in assets as of Dec. 31, 2013.  With 135 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to approximately 6,000 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.  For more information, visit FederatedInvestors.com

Certain statements in this press release, such as those related to the level of dividends or distributions constitute or may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the current dividends and distributions to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements.  Other risks and uncertainties include the market conditions, prevailing interest rates, and investment performance, which could vary significantly.  Other risks and uncertainties also include the risk factors discussed in the fund's registration statement, including the prospectus, as filed with the Securities and Exchange Commission.  As a result, no assurance can be given as to future results, performance or achievements, and neither the fund nor any other person assumes responsibility for the accuracy and completeness of such statements in the future.

SOURCE Federated Investors, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Your business relies on your applications and your employees to stay in business. Whether you develop apps or manage business critical apps that help fuel your business, what happens when users experience sluggish performance? You and all technical teams across the organization – application, network, operations, among others, as well as, those outside the organization, like ISPs and third-party providers – are called in to solve the problem.
SYS-CON Events announced today that Roundee / LinearHub will exhibit at the WebRTC Summit at @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LinearHub provides Roundee Service, a smart platform for enterprise video conferencing with enhanced features such as automatic recording and transcription service. Slack users can integrate Roundee to their team via Slack’s App Directory, and '/roundee' command lets your video conference ...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Digital transformation is too big and important for our future success to not understand the rules that apply to it. The first three rules for winning in this age of hyper-digital transformation are: Advantages in speed, analytics and operational tempos must be captured by implementing an optimized information logistics system (OILS) Real-time operational tempos (IT, people and business processes) must be achieved Businesses that can "analyze data and act and with speed" will dominate those t...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
While DevOps promises a better and tighter integration among an organization’s development and operation teams and transforms an application life cycle into a continual deployment, Chef and Azure together provides a speedy, cost-effective and highly scalable vehicle for realizing the business values of this transformation. In his session at @DevOpsSummit at 19th Cloud Expo, Yung Chou, a Technology Evangelist at Microsoft, will present a unique opportunity to witness how Chef and Azure work tog...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...