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Federated Absolute Return B (FMBBX) Fund Ranking and Research

Ranking, Research and Recommendation of Federated Absolute Return B (FMBBX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Federated Absolute Return B Fund (FMBBX) ManagerFund Manager - Dana L. Meissner

Fund Manager Information

Fund Manager Tenure: 11.1 years
Fund Family: Federated
Fund Category: Market Neutral
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.45)     (What does this score mean?)
Meissner joined Federated in May 2000 as an Investment Analyst of Federated. He was an engineering consultant with AEA Technology Engineering Software from December 1994 through August 1998. Meissner holds the Chartered Financial Analyst designation.  Get more insights on Dana L. Meissner

 

Graph of Federated Absolute Return B Fund (FMBBX) ProfileFederated Absolute Return B Fund (FMBBX) Profile

Fund Profile and Description

Federated Absolute Return B Fund seeks absolute returns. Federated Absolute Return B Fund primarily invests in domestic and foreign securities that the Adviser deems to be undervalued or out of favor. The Adviser can position it with respect to various asset classes or individual securities in a net long or a net short position. The asset allocation is based on valuation, sentiment, and technical considerations. Federated Absolute Return B Fund may invest in commodities by investing in a derivative or other hybrid instrument whose price depends upon the movement of an underlying commodity or by the performance of a commodity index.

 

Federated Absolute Return B (FMBBX) Fund Strength What we like about Federated Absolute Return B (FMBBX) Fund

Data for Federated Absolute Return B Fund (FMBBX) as of May 30, 2016

  • Federated Absolute Return B Fund (FMBBX) management has been with Federated Absolute Return B Fund for 11.1 years
  • Federated Absolute Return B Fund (FMBBX) has good mid-term performance (3-year return 2.13% vs 0.90% Market Neutral category median performance)
  • Federated Absolute Return B Fund (FMBBX) ratio of up-years vs down years is greater than 2
  • Federated Absolute Return B Fund (FMBBX) has an annual stock turnover rate of 94.00% vs Market Neutral average of 187.85%. It is good that Federated Absolute Return B management does not trade extensively for its return.

Federated Absolute Return B Fund (FMBBX) Weakness What we are cautious about Federated Absolute Return B (FMBBX) Fund

Data for Federated Absolute Return B Fund (FMBBX) as of May 30, 2016

  • Federated Absolute Return B Fund (FMBBX) has a less-than-ideal short-term performance (1-year return -6.63% vs -0.96% Market Neutral category median performance)
  • Federated Absolute Return B Fund (FMBBX) has a less-than-ideal Long-term performance (5-year return 0.15% vs 0.81% Market Neutral category median performance)
  • Federated Absolute Return B Fund (FMBBX) has a Morningstar rating of 3 and below
  • Federated Absolute Return B Fund (FMBBX) is less safe compared to its Market Neutral peers
  • Federated Absolute Return B Fund (FMBBX) is more volatile than its peers as it has a 3-year Standard Deviation of 4.26 that is higher than category average of 3.93
  • Federated Absolute Return B Fund (FMBBX) has a higher expense ratio of 2.07% than its Market Neutral average of 1.73%
  • Federated Absolute Return B Fund (FMBBX) carries a 5.5% load
  • Asset base in Federated Absolute Return B Fund (FMBBX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See Federated Absolute Return B Fund (FMBBX) performance details as of May 30, 2016

 

What do you think?

 

Compare Federated Absolute Return B Fund (FMBBX)Compare with other top Market Neutral category mutual funds

Aadditional top Market Neutral mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Federated Absolute Return B-3.28-6.632.130.15
Calamos Market Neutral Income I (CMNIX)1.740.802.953.39Compare
Gabelli ABC AAA (GABCX)1.091.632.172.63Compare
Calamos Market Neutral Income R (CVSRX)1.520.302.462.87Compare

See top fund managers for Market Neutral Category Funds

 

Compare Federated Absolute Return B Fund (FMBBX)Compare with Market Neutral category ETFs

Some Market Neutral ETFs for your consideration

ETFYear to DateOne YearThree Year
QuantShares US Market Neut Momentum (MOM)-7.74%2.74%1.57%
IQ Merger Arbitrage ETF (MNA)000
QuantShares US Market Neut Anti-Beta (BTAL)000
ProShares RAFI Long/Short (RALS)1.18%-2.53%-0.87%

 

Graph of Federated Absolute Return B Fund (FMBBX) Net Asset TrackingFederated Absolute Return B (FMBBX) Fund Net Asset

Track net asset change of Federated Absolute Return B fund (FMBBX)

DateNet Asset
05/2016$279.55M
03/2016$312.92M
02/2016$317.35M
More historic net asset information on Federated Absolute Return B Fund (FMBBX)

  

Graph of Federated Absolute Return B Fund (FMBBX) Portfolio TrackingFederated Absolute Return B (FMBBX) Fund Portfolio Allocation

Track portfolio allocation change of Federated Absolute Return B fund (FMBBX)

DateCashStockBondOther
03/201646.43%52.77%0%0.79%
12/201526.33%69.08%1.72%2.83%
09/201518.47%74.71%2.95%3.75%
Click here to see more historic asset allocation information on Federated Absolute Return B Fund (FMBBX)

 

graph of Federated Absolute Return B Fund (FMBBX) Top 10 Position TrackingTop 10 Holdings in Federated Absolute Return B (FMBBX) Fund

Discover what Federated Absolute Return B Fund (FMBBX) manager is buying

Mar 30, 2016
SPDR® S&P MidCap 400 ETF [3.9%]
S&P 500 June16 [3.81%]
iShares MSCI EAFE [3.18%]
iShares MSCI Japan [2.54%]
Russell 2000 Index Mini Futures June16 [2.47%]
Apple Inc. [1.62%]
AT&T Inc. [1.45%]
Cisco Systems, Inc. [1.27%]
Microsoft Corporation [1.23%]
Verizon Communications Inc. Com [1.2%]

Dec 30, 2015
S&P 500 [14.95%]
Russell 2000 Mini Mar16 [4.75%]
High Yield Bond Portfolio [2.22%]
SPDR® S&P MidCap 400 ETF [2.13%]
KemPharm, Inc. [1.67%]
Apple Inc. [1.55%]
AT&T Inc. [1.44%]
Microsoft Corporation [1.4%]
JP Morgan Chase & Co. Common St [1.39%]
Citigroup, Inc. Common Stock [1.3%]

Sep 29, 2015
S&P 500 Index Future Dec15 [18.21%]
High Yield Bond Portfolio [4.47%]
Russell 2000 Mini Dec15 [4.18%]
SPDR® S&P MidCap 400 ETF [4.07%]
iShares MSCI Emerging Markets [3.57%]
iShares MSCI EAFE [3.12%]
iShares MSCI Mexico Capped [2.81%]
iShares MSCI Japan [2.49%]
Apple Inc. [2.41%]
iShares MSCI Australia [2.34%]
Click here for Stock Holding Change Map in Federated Absolute Return B Fund (FMBBX)

  

Latest News on Federated Absolute Return B (FMBBX) Fund

See what is happening with Federated Absolute Return B Fund (FMBBX)

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Federated Absolute Return B Fund (FMBBX) Related ResourcesSee more information on Federated Absolute Return B (FMBBX) Fund

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