0001623632-14-000022.txt : 20150227 0001623632-14-000022.hdr.sgml : 20150227 20141110124247 ACCESSION NUMBER: 0001623632-14-000022 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20141110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FEDERATED GOVERNMENT INCOME TRUST CENTRAL INDEX KEY: 0000357052 IRS NUMBER: 256230479 STATE OF INCORPORATION: MA FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 BUSINESS PHONE: 8003417400 MAIL ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED INCOME TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED BOND TRUST DATE OF NAME CHANGE: 19820318 FORMER COMPANY: FORMER CONFORMED NAME: INVESTORS TRUST DATE OF NAME CHANGE: 19820318 CORRESP 1 filename1.htm

FEDERATED GOVERNMENT INCOME TRUST

Federated Investors Funds

4000 Ericsson Drive
Warrendale, Pennsylvania 15086-7561

 

November 10, 2014

 

EDGAR Operations Branch

Securities and Exchange Commission

Division of Investment Management

450 Fifth Street, Northwest

Washington, DC 20549

 

 

RE: FEDERATED GOVERNMENT INCOME TRUST (the “Trust”)

Institutional Shares

Service Shares

1933 Act File No. 333-199212

1940 Act File No. 811-3352

 

Dear Sir or Madam:

 

Pursuant to my telephone conversations with the SEC examiner, Asen Parachkevov on November 6, 2014 and November 7, 2014, our response to the additional comment received is as follows.

 

1. In response to comment #5, the strategies are substantially the same. The difference is that GNMA is limited to buying securities that carry a full faith and credit guarantee from the US Treasury, principally GNMA MBS, whereas FGIT is allowed to buy FNMA and FGLMC securities as well (but NOT private label MBS).  The Barclays MBS index is a bit shorter in duration (4.86yrs vs. 5.21yrs) than the Barclays GNMA Index (the GNMA index makes up about 25% of the entire MBS index). But aside from the expanded investable universe and a slightly shorter duration, the strategies are basically the same.

 

 

 

Very truly yours,

 

 

 

/s/ Sheryl L. McCall

Sheryl L. McCall

Senior Paralegal