-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IMWtkfPQwfc7XjuFbTYpIq23wfnD9yTfiOiZWcdRdgQMzf9KCIS/t9PQFfc4tpc/ Rx0XKqDN7oLtMfhCU6BM5Q== 0001318148-05-000034.txt : 20050228 0001318148-05-000034.hdr.sgml : 20050228 20050228101009 ACCESSION NUMBER: 0001318148-05-000034 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041231 FILED AS OF DATE: 20050228 DATE AS OF CHANGE: 20050228 EFFECTIVENESS DATE: 20050228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FEDERATED AMERICAN LEADERS FUND INC CENTRAL INDEX KEY: 0000005352 IRS NUMBER: 256109007 STATE OF INCORPORATION: MD FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-01704 FILM NUMBER: 05643442 BUSINESS ADDRESS: STREET 1: 5800 CORPORATE DRIVE CITY: PITTSBURGH STATE: PA ZIP: 15237-7000 BUSINESS PHONE: 8003417400 MAIL ADDRESS: STREET 1: 5800 CORPORATE DRIVE CITY: PITTSBURGH STATE: PA ZIP: 15237-7000 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN LEADERS FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PENSION CAPITAL GROWTH INC DATE OF NAME CHANGE: 19701130 FORMER COMPANY: FORMER CONFORMED NAME: PENSION CAPITAL GROWTH FUND INC DATE OF NAME CHANGE: 19701120 N-Q 1 falf.txt United States Securities and Exchange Commission Washington, D.C. 20549 Form N-Q Quarterly Schedule of Portfolio Holdings of Registered Management Investment Companies 811-1704 (Investment Company Act File Number) Federated American Leaders Fund, Inc. --------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Federated Investors Funds 5800 Corporate Drive Pittsburgh, Pennsylvania 15237-7000 (412) 288-1900 (Registrant's Telephone Number) John W. McGonigle, Esquire Federated Investors Tower 1001 Liberty Avenue Pittsburgh, Pennsylvania 15222-3779 (Name and Address of Agent for Service) (Notices should be sent to the Agent for Service) Date of Fiscal Year End: 3/31/05 Date of Reporting Period: Quarter ended 12/31/04 Item 1. Schedule of Investments Federated American Leaders Fund, Inc. Portfolio of Investments December 31, 2004 (unaudited)
Shares Value Common Stocks--96.7% Consumer Discretionary--11.1% 681,100 1 Comcast Corp., Class A $ 22,367,324 1,586,900 Gap (The), Inc. 33,515,328 968,200 1 Goodyear Tire & Rubber Co. 14,193,812 746,000 Home Depot, Inc. 31,884,040 2,384,000 1 Interpublic Group Cos., Inc. 31,945,600 455,000 Johnson Controls, Inc. 28,865,200 700,800 Mattel, Inc. 13,658,592 1,469,800 News Corp. Ltd., PFD ADR 27,426,468 1,142,700 Koninklijke (Royal) Philips Electronics NV, ADR 30,281,550 1,372,100 1 Time Warner, Inc. 26,673,624 742,648 Viacom, Inc., Class B 27,024,961 385,400 Walt Disney Co. 10,714,120 Total 298,550,619 Consumer Staples--4.3% 1,329,000 Altria Group, Inc. 81,201,900 2,039,200 1 Rite Aid Corp. 7,463,472 421,400 SUPERVALU, Inc. 14,546,728 689,700 1 Safeway Inc. 13,614,678 Total 116,826,778 Energy--11.2% 942,600 Apache Corp. 47,667,282 887,700 BP PLC, ADR 51,841,680 1,395,000 ChevronTexaco Corp. 73,251,450 258,500 ConocoPhillips 22,445,555 1,240,400 Exxon Mobil Corp. 63,582,904 275,300 Halliburton Co. 10,802,772 837,500 Marathon Oil Corp. 31,498,375 Total 301,090,018 Financials--35.0% 967,300 Ace Ltd. 41,352,075 1,323,200 Allstate Corp. 68,435,904 658,500 American International Group, Inc. 43,243,695 2,304,800 Bank of America Corp. 108,302,552 268,300 Capital One Financial Corp. 22,593,543 864,900 Citigroup, Inc. 41,670,882 675,500 Fannie Mae 48,102,355 286,800 Fifth Third Bancorp 13,559,904 592,300 Freddie Mac 43,652,510 240,200 Goldman Sachs Group, Inc. 24,990,408 572,500 Hartford Financial Services Group, Inc. 39,679,975 2,513,700 J.P. Morgan Chase & Co. 98,059,437 1,568,700 MBNA Corp. 44,221,653 680,500 MetLife, Inc. 27,567,055 1,041,400 Morgan Stanley 57,818,528 719,700 Nationwide Financial Services, Inc., Class A 27,514,131 587,800 New York Community Bancorp, Inc. 12,091,046 110,700 PartnerRe Ltd. 6,856,758 618,800 RenaissanceRe Holdings Ltd. 32,227,104 1,113,100 U.S. Bancorp 34,862,292 1,038,500 Wachovia Corp. 54,625,100 818,100 Wells Fargo & Co. 50,844,915 Total 942,271,822 Healthcare--4.5% 232,700 AmerisourceBergen Corp. 13,654,836 624,000 Baxter International, Inc. 21,552,960 1,205,200 McKesson HBOC, Inc. 37,915,592 488,000 Merck & Co., Inc. 15,684,320 1,255,400 Pfizer, Inc. 33,757,706 Total 122,565,414 Industrials--8.7% 271,000 Block (H&R), Inc. 13,279,000 861,157 Cendant Corp. 20,133,851 391,400 Eaton Corp. 28,321,704 740,400 Masco Corp. 27,046,812 530,220 Northrop Grumman Corp. 28,822,759 366,300 Textron Inc. 27,032,940 2,525,800 Tyco International Ltd. 90,272,092 Total 234,909,158 Information Technology--9.0% 533,000 Analog Devices, Inc. 19,678,360 1,412,400 1 Applied Materials, Inc. 24,152,040 1,682,500 1 BMC Software, Inc. 31,294,500 725,000 1 Cadence Design Systems, Inc. 10,012,250 295,300 International Business Machines Corp. 29,110,674 390,100 Intersil Holding Corp. 6,530,274 1,012,500 Microsoft Corp. 27,043,875 1,567,975 Motorola, Inc. 26,969,170 1,265,800 1 Storage Technology Corp. 40,011,938 1,003,500 1 SunGard Data Systems, Inc. 28,429,155 Total 243,232,236 Materials--3.8% 592,800 Air Products & Chemicals, Inc. 34,364,616 979,700 Alcoa, Inc. 30,782,174 256,900 International Paper Co. 10,789,800 394,800 PPG Industries, Inc. 26,909,568 Total 102,846,158 Telecommunication Services--4.1% 478,600 BellSouth Corp. 13,300,294 970,200 SBC Communications, Inc. 25,002,054 1,091,100 Sprint Corp. (FON Group) 27,113,835 1,133,742 Verizon Communications 45,927,888 Total 111,344,071 Utilities--5.0% 994,500 American Electric Power Co., Inc. 34,151,130 1,208,400 Edison International 38,705,052 471,600 FirstEnergy Corp. 18,632,916 1,841,000 NiSource, Inc. 41,937,980 Total 133,427,078 Total Common Stocks (identified cost $2,093,444,826) 2,607,063,352 Repurchase Agreement--3.3% 88,593,000 Interest in $2,000,000,000 joint repurchase agreement with UBS Securities LLC, 2.280%, dated 12/31/2004 to be repurchased at $88,609,833 on 1/3/2005, collateralized by U.S. Government Agency Obligations with various maturities to 9/25/2034, collateral market value $2,060,003,250 (AT AMORTIZED COST) 88,593,000 TOTAL INVESTMENTS-100.0% (IDENTIFIED COST $2,182,037,826)2 2,695,656,352 OTHER ASSETS AND LIABILITIES-NET-0.0% 1,224,485 TOTAL NET ASSETS-100% $ 2,696,880,837
1 Non-income producing security. 2 The cost of investments for federal tax purposes amounts to $2,182,037,826. The net unrealized appreciation of investments for federal tax purposes was $513,618,526. This consists of net unrealized appreciation from investments for those securities having an excess of value over cost of $527,567,823 and net unrealized depreciation from investments for those securities having an excess of cost over value of $13,949,297. Note: The categories of investments are shown as a percentage of total net assets at December 31, 2004. Investment Valuation Domestic and foreign equity securities are valued at the last sale price or official closing price reported in the market in which they are primarily traded (either a national securities exchange or over-the-counter market), if available. If unavailable, the security is generally valued at the mean between the last closing bid and asked prices. With respect to valuation of foreign securities, trading in foreign cities may be completed at times which vary from the closing of the New York Stock Exchange (NYSE). Therefore, foreign securities are valued at the lastest closing price on the exchange on which they are traded immediately prior to closing of the NYSE. Foreign securities quoted in foreign currencies are translated in U.S. dollars at the foreign exchange rate in effect at 4:00 p.m., Eastern time, on the day the value of the foreign security is determined. Fixed income, listed corporate bonds, unlisted securities and private placement securities are generally valued at the mean of the latest bid and asked price as furnished by an independent pricing service. Short-term securities are valued at the prices provided by an independent pricing service. However, short-term securities with remaining maturities of 60 days or less at the time of purchase may be valued at amortized cost, which approximates fair market value. Investments in other open-end regulated investment companies are valued at net asset value. Securities for which no quotations are readily available or whose values have been affected by a significant event occuring between the close of their primary markets and the closing of the NYSE are valued at fair value as determined in accordance with procedures established by and under general supervision of the Board of Directors. The following acronym is used throughout this portfolio: ADR -- American Depositary Receipt Item 2. Controls and Procedures (a) The registrant's Principal Executive Officer and Principal Financial Officer have concluded that the registrant's disclosure controls and procedures (as defined in rule 30a-3(c) under the Act) are effective in design and operation and are sufficient to form the basis of the certifications required by Rule 30a-(2) under the Act, based on their evaluation of these disclosure controls and procedures within 90 days of the filing date of this report on Form N-Q. (b) There were no changes in the registrant's internal control over financial reporting (as defined in rule 30a-3(d) under the Act) during the last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting. Item 3. Exhibits SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Registrant Federated American Leaders Fund, Inc. By /S/ Richard J. Thomas, Principal Financial Officer (insert name and title) Date February 22, 2005 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By /S/ J. Christopher Donahue, Principal Executive Officer Date February 25, 2005 By /S/ Richard J. Thomas, Principal Financial Officer Date February 22, 2005 EX-99.CERT 2 falfcert.txt N-Q Item 3- Exhibits: Certifications I, J. Christopher Donahue, certify that: 1. I have reviewed this report on Form N-Q of Federated American Leaders Fund, Inc.("registrant"); 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report, fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) for the registrant and have: a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b. NA c. evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and d. disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officers and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a. all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: February 25, 2005 /S/ J. Christopher Donahue President - Principal Executive Officer N-Q Item 3- Exhibits: Certifications I, Richard J. Thomas, certify that: 1. I have reviewed this report on Form N-Q of Federated American Leaders Fund, Inc.("registrant"); 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report, fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) for the registrant and have: a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b. NA c. evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and d. disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officers and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a. all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: February 22, 2005 /S/ Richard J. Thomas Treasurer - Principal Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----