PITTSBURGH, Aug. 11, 2015 /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 2.5%
of the fund's prior month-end'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
$13.93 on July
31, 2015.
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Record
Date:
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Aug. 24,
2015
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|
|
|
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Ex-Dividend
Date:
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Aug. 20,
2015
|
|
|
|
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Payable
Date:
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Aug. 31,
2015
|
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|
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Distributions Per
Share
|
|
|
Amount
|
|
Change From
Previous Month
|
|
Federated Enhanced
Treasury Income Fund
|
$ 0.029
|
|
--
|
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 $349.7
billion in assets as of June
30, 2015. With 130 funds, as well as a variety of
separately managed account options, Federated provides
comprehensive investment management worldwide to more than 7,900
institutions and intermediaries including corporations, government
entities, insurance companies, foundations and endowments, banks
and broker/dealers. For more information, visit
FederatedInvestors.com.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/federated-enhanced-treasury-income-fund-declares-monthly-distribution-300126395.html
SOURCE Federated Investors, Inc.