Mutual Fund Insights: Federated OH Municipal Income F Fund (OMIFX)

In-depth Analysis of Federated OH Municipal Income F Fund (OMIFX)

3 months 6 months 1 year 3 year 5 year

See Federated OH Municipal Income F Fund (OMIFX) performance details as of January 31, 2010

  

Last Trade: $10.88 on 3/10/2010, Change: +0.01 (0.09%)

  

Fund Manager - J. Scott Albrecht

Fund Manager Tenure: 15.0 years   [Similar Funds: OMIAX ]
Fundmojo Fund Grade: C (Score: 0.51)     (What does this score mean?)

Albrecht is a vice president with Federated Investors, his employer since 1989. He became a senior vice president of the fund?s adviser in January 2005 and served as a vice president of the fund?s adviser from 1994 through 2004. He has been a senior portfolio manager since 1997 and was a Portfolio Manager from 1994 to 1996. Albrecht holds the Chartered Financial Analyst designation.  Get more insights on J. Scott Albrecht

  

 What we like about Federated OH Municipal Income F Fund (OMIFX)

Data for Federated OH Municipal Income F Fund (OMIFX) as of January 31, 2010

• Federated OH Municipal Income F Fund (OMIFX) management has been with Federated OH Municipal Income F Fund for 15.0 years
• Federated OH Municipal Income F Fund (OMIFX) ratio of up-years vs down years is greater than 2
• Federated OH Municipal Income F Fund (OMIFX) has an annual stock turnover rate of 13.00% vs Muni Ohio average of 18.22%. It is good that Federated OH Municipal Income F management does not trade extensively for its return.
• Federated OH Municipal Income F Fund (OMIFX) is less volatile than its peers as it has a 3-year Standard Deviation of 6.03, lower than category average of 6.48
• Federated OH Municipal Income F Fund (OMIFX) has a lower management fee than its Muni Ohio average: 0.90% vs 1.04%

  

 What we are cautious about Federated OH Municipal Income F Fund (OMIFX)

Data for Federated OH Municipal Income F Fund (OMIFX) as of January 31, 2010

• Federated OH Municipal Income F Fund (OMIFX) has a less-than-ideal short-term performance (1-year return 7.63% vs 9.24% Muni Ohio category average)
• Federated OH Municipal Income F Fund (OMIFX) has a less-than-ideal mid-term performance (3-year return 2.02% vs 3.26% Muni Ohio category average)
• Federated OH Municipal Income F Fund (OMIFX) has a less-than-ideal Long-term performance (5-year return 2.50% vs 3.26% Muni Ohio category average)
• Federated OH Municipal Income F Fund (OMIFX) has a Morningstar rating of 3 and below
• Federated OH Municipal Income F Fund (OMIFX) is less safe compared to its Muni Ohio peers
• Federated OH Municipal Income F Fund (OMIFX) does not have a good risk adjusted return as its 3-year Alpha of -2.52 is worse than category average of -1.29, and its 3-year Sharpe ratio is 0.04
• Federated OH Municipal Income F Fund (OMIFX) carries a 1% load

See Federated OH Municipal Income F Fund (OMIFX) performance details as of January 31, 2010

  

  

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Federated OH Municipal Income F Fund (OMIFX) Net Asset

Track net asset change of Federated OH Municipal Income F fund (OMIFX)

Date	Net Asset
01/2010	$127.76M
11/2009	$126.03M
10/2009	$125.71M

More historic net asset information on Federated OH Municipal Income F Fund (OMIFX)

  

Federated OH Municipal Income F Fund (OMIFX) Portfolio Allocation

Track portfolio allocation change of Federated OH Municipal Income F fund (OMIFX)

Date	Cash	Stock	Bond	Other
09/2009	2.07%	0%	97.93%	0%
06/2009	2.07%	0%	97.93%	0%
03/2009	0.61%	0%	99.39%	0%

Click here to see more historic asset allocation information on Federated OH Municipal Income F Fund (OMIFX)

  

Most Recent Top 10 Holdings in Federated OH Municipal Income F Fund (OMIFX)

Discover what Federated OH Municipal Income F Fund (OMIFX) manager is buying

30-Sep-09 Ohio St Higher Edl Fac Commn R Rev 6.25% [3.93%] Ohio St Univ Gen Rcpts Gen Rcpt 5.25% [3.5%] Ohio St Higher Edl Fac Commn R Rev Bd 5% [1.95%] Cleveland Ohio Go Bds 5% [1.75%] Franklin Cnty Ohio Convention Tax And 5% [1.75%] Ohio St Infrast I 5.375% [1.57%] Butler Cnty Ohio Multifamily H Rev 5.1% [1.47%] CLEVELAND OHIO WTRWKS REV WTR REV B [1.42%] Cuyahoga Cnty Ohio G.O. Jail 5.25% [1.4%] Ohio St Higher Ed 4.25% [1.39%]

30-Jun-09 Ohio St Higher Edl Fac Commn R Rev 6.25% [4.01%] Ohio St Univ Gen Rcpts Gen Rcpt 5.25% [3.52%] Ohio St Higher Edl Fac Commn R Rev Bd 5% [1.95%] Cuyahoga Cnty Ohio G.O. Jail 5.25% [1.76%] Franklin Cnty Ohio Convention Tax And 5% [1.72%] Cleveland Ohio Go Bds 5% [1.7%] Ohio St Infrast I 5.375% [1.52%] Butler Cnty Ohio Multifamily H Rev 5.1% [1.42%] Ohio St Higher Ed 4.25% [1.39%] CLEVELAND OHIO WTRWKS REV WTR REV B [1.37%]

31-Mar-09 Ohio St Higher Edl Fac Commn R Rev 6.25% [3.95%] Ohio St Univ Gen Rcpts Gen Rcpt 5.25% [3.46%] Ohio St Higher Edl Fac Commn R Rev Bd 5% [1.94%] Cuyahoga Cnty Ohio G.O. Jail 5.25% [1.86%] Franklin Cnty Ohio Convention Tax And 5% [1.67%] OHIO ST INFRAST I [1.48%] Hamilton Cnty Ohio Swr Sys Rev Rev 5.75% [1.4%] OHIO ST HIGHER ED [1.37%] Butler Cnty Ohio Multifamily H Rev 5.1% [1.36%] Little Miami Ohio Loc Sch Dist 5.25% [1.34%]

Click here for Stock Holding Change Map in Federated OH Municipal Income F Fund (OMIFX)

  

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See more information on Federated OH Municipal Income F Fund (OMIFX)

• Federated OH Municipal Income F Fund Insights
• Federated OH Municipal Income F Fund Performance Data
• Federated OH Municipal Income F Fund News
• Federated OH Municipal Income F Fund Score Explaination
• Federated OH Municipal Income F Fund Manager Information
• Historic Federated OH Municipal Income F Fund Asset Allocation Report
• Historic Federated OH Municipal Income F Fund Top 10 Holding Tracking
• Historic Federated OH Municipal Income F Fund Asset Under Management Tracking