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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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MIC-Info: RSA-MD5,RSA,
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VMGlQMF8WsN+MoZFqZiXUg==
important
information regarding
SUPPLEMENT TO
CURRENT STATEMENTS OF ADDITIONAL
INFORMATION
As of
January 1, 2011, John T. Conroy, Jr. Ph.D.,
retired from his positions on the Federated Funds Board. Dr. Conroy
retired as Director/Trustee and member of the Nominating
Committee.
The Federated
Funds include all of the following registrants (including any of their
portfolios and/or share
classes):
FEDERATED
ADJUSTABLE RATE SECURITIES
FUND
FEDERATED
ASSET ALLOCATION FUND (formerly, FEDERATED STOCK AND BOND
FUND)
FEDERATED
EQUITY
FUNDS
Federated
Capital Appreciation Fund
FEDERATED
EQUITY INCOME FUND,
INC.
FEDERATED
FIXED INCOME SECURITIES,
INC.
Federated
Municipal Ultrashort Fund
FEDERATED
GNMA
TRUST
FEDERATED
GOVERNMENT INCOME SECURITIES,
INC.
FEDERATED HIGH
INCOME BOND FUND,
INC.
FEDERATED
HIGH YIELD
TRUST
FEDERATED
INCOME SECURITIES
TRUST
Federated
Capital Income Fund
FEDERATED
INCOME
TRUST
FEDERATED
INDEX
TRUST
Federated
Max-Cap Index Fund
FEDERATED
INSTITUTIONAL
TRUST
Federated
Government Ultrashort Duration Fund
the federated
funds
Federated Clover Small Value
Fund
Federated Clover Value Fund
Federated Global
Equity Fund
Federated InterContinental Fund
Federated
International Strategic Value Dividend Fund (formerly, Federated
International Strategic Value Fund)
Federated Kaufmann
Fund
Federated Kaufmann Large Cap Fund
Federated
Kaufmann Small Cap Fund
Federated Market Opportunity
Fund
Federated Mid Cap Growth Strategies
Fund
Federated Prudent Bear Fund
Federated Strategic
Value Dividend Fund (formerly, Federated Strategic Value
Fund)
Federated Strategic
Income
Fund
Federated Floating Rate Strategic Income
Fund
Federated Fund for U.S. Government
Securities
Federated Intermediate Corporate Bond
Fund
Federated Muni and Stock Advantage
Fund
Federated Prudent DollarBear Fund
Federated Real
Return Bond Fund
Federated Short-Term Income
Fund
Federated Unconstrained Bond
Fund
Federated Mid-Cap Index
Fund
Federated Institutional
High Yield Bond Fund
Federated Intermediate
Government/Corporate Fund
Federated
Capital Appreciation Fund II
Federated Capital Income Fund
II
Federated Fund for U.S. Government
Securities II
Federated High Income Bond Fund
II
Federated Kaufmann Fund II
Federated Prime Money
Fund II
Federated Quality Bond Fund
II
FEDERATED INTERMEDIATE GOVERNMENT FUND, INC.
FEDERATED INTERNATIONAL SERIES, INC.
Federated International Bond Fund
FEDERATED INVESTMENT SERIES FUNDS, INC.
Federated Bond Fund
FEDERATED MDT SERIES
Federated MDT
All Cap Core Fund
Federated MDT Balanced
Fund
Federated MDT Large Cap Growth Fund
Federated
MDT Small Cap Core Fund
Federated MDT Small Cap
Growth
Fund
FEDERATED MDT STOCK TRUST (formerly, FEDERATED STOCK TRUST)
FEDERATED MANAGED ALLOCATION PORTFOLIOS
Federated Balanced Allocation Fund
FEDERATED MANAGED POOL SERIES
Federated
Corporate Bond Strategy Portfolio
Federated High Yield
Strategy Portfolio
Federated International Bond Strategy
Portfolio
Federated Mortgage Strategy
Portfolio
FEDERATED MUNICIPAL SECURITIES FUND, INC.
FEDERATED MUNICIPAL SECURITIES INCOME TRUST
Federated
Michigan Intermediate Municipal Trust
Federated Municipal High
Yield Advantage Fund
Federated New York Municipal Income
Fund
Federated Ohio Municipal Income Fund
Federated
Pennsylvania Municipal Income
Fund
FEDERATED SHORT-INTERMEDIATE DURATION MUNICIPAL TRUST
FEDERATED TOTAL RETURN GOVERNMENT BOND FUND
FEDERATED TOTAL RETURN SERIES, INC.
Federated
Mortgage Fund
Federated Total Return Bond
Fund
Federated Ultrashort Bond
Fund
FEDERATED U.S. GOVERNMENT BOND FUND
FEDERATED U.S. GOVERNMENT SECURITIES FUND: 1-3 YEARS
FEDERATED U.S. GOVERNMENT SECURITIES FUND: 2-5 YEARS
FEDERATED WORLD INVESTMENT SERIES, INC.
Federated
Emerging Market Debt Fund (formerly, Federated International High
Income Fund)
Federated International Leaders
Fund
Federated International Small-Mid Company
Fund
CASH TRUST SERIES, INC.
Federated
Government Cash Series
Federated Municipal Cash
Series
Federated Prime Cash Series
Federated Treasury
Cash Series
Federated Treasury Cash Series II
INTERMEDIATE MUNICIPAL TRUST
Federated Intermediate Municipal Trust
MONEY MARKET OBLIGATIONS TRUST
Federated
Alabama Municipal Cash Trust
Federated Arizona Municipal Cash
Trust
Federated Automated Cash Management
Trust
Federated Automated Government Cash
Reserves
Federated Automated Government Money
Trust
Federated California Municipal Cash
Trust
Federated Capital Reserves Fund
Federated
Connecticut Municipal Cash Trust
Federated Florida Municipal
Cash Trust
Federated Georgia Municipal Cash
Trust
Federated Government Obligations Fund
Federated
Government Obligations Tax-Managed Fund
Federated Government
Reserves Fund
Federated Liberty U.S.
Government Money Market Trust
Federated Maryland
Municipal Cash Trust
Federated Massachusetts Municipal Cash
Trust
Federated Master Trust
Federated Michigan
Municipal Cash Trust
Federated Minnesota Municipal Cash
Trust
Federated Money Market Management
Federated
Municipal Obligations Fund
Federated Municipal
Trust
Federated New Jersey Municipal Cash
Trust
Federated New York Municipal Cash
Trust
Federated North Carolina Municipal Cash
Trust
Federated Ohio Municipal Cash Trust
Federated
Pennsylvania Municipal Cash Trust
Federated Prime Cash
Obligations Fund
Federated Prime Management Obligations
Fund
Federated Prime Obligations Fund
Federated Prime
Value Obligations Fund
Federated Tax-Free Obligations
Fund
Federated Tax-Free Trust
Federated Treasury
Obligations Fund
Federated Trust for U.S.
Treasury Obligations Fund
Federated U.S.
Treasury Cash Reserves
Federated Virginia Municipal
Cash Trust
Tax-Free Money Market
Fund
February 24, 2011
Federated
Investors Funds
4000 Ericsson Drive
Warrendale, PA
15086-7561
Contact us at
FederatedInvestors.com
or call
1-800-341-7400.
Federated Securities Corp., Distributor
Q450818 (2/11)
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