-----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, Ow4yeR+SMEabXpHe3zqfR8goLMmn8ERgBxzTgWWrc48hkheY8fPhkcCm8lHm/zHX AXOPjgl7hlvsiyvNIc6PKA== 0001318148-05-000344.txt : 20050726 0001318148-05-000344.hdr.sgml : 20050726 20050726140522 ACCESSION NUMBER: 0001318148-05-000344 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050531 FILED AS OF DATE: 20050726 DATE AS OF CHANGE: 20050726 EFFECTIVENESS DATE: 20050726 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Federated Intermediate Government Fund, Inc. CENTRAL INDEX KEY: 0000875267 IRS NUMBER: 251659310 STATE OF INCORPORATION: MD FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-06307 FILM NUMBER: 05973735 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: FEDERATED INTERMEDIATE GOVERNMENT FUND, INC. DATE OF NAME CHANGE: 20050215 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED LTD DURATION GOVERNMENT FUND INC DATE OF NAME CHANGE: 20040722 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED LIMITED DURATION GOVERNMENT FUND INC DATE OF NAME CHANGE: 20000911 N-Q 1 figfform.txt United States Securities and Exchange Commission Washington, D.C. 20549 Form N-Q Quarterly Schedule of Portfolio Holdings of Registered Management Investment Companies 811-6307 (Investment Company Act File Number) Federated Intermediate Government 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: 2/28/06 ------- Date of Reporting Period: Quarter ended 5/31/05 --------------------- Item 1. Schedule of Investments
Federated Intermediate Government Fund Portfolio of Investments May 31, 2005 (unaudited) Principal Amount Value U.S. Treasury--52.5% $ 8,000,000 United States Treasury Notes, 2.500%, 9/30/2006 $ 7,896,240 6,100,000 United States Treasury Notes, 3.000%, 12/31/2006 6,047,601 20,000,000 (1) United States Treasury Notes, 4.000%, 4/15/2010 20,209,400 Total U.S. TREASURY (IDENTIFIED COST $34,030,901) 34,153,241 Government Agencies--9.2% Federal Home Loan Bank System--9.2% 6,000,000 3.125%, 11/15/2006 (IDENTIFIED COST $5,956,071) 5,952,960 Mortgage Backed Securities--26.1% Federal Home Loan Mortgage Corp--17.2% 5,000,000 4.500%, 6/1/2020 4,976,563 3,999,999 5.000%, 5/1/2020 4,051,250 2,052,277 5.500%, 4/1/2020 2,112,482 47,351 6.500%, 12/1/2015 49,480 Total 11,189,775 Federal National Mortgage Association--8.9% 5,679,073 5.500%, 12/1/2019 - 5/1/2025 5,814,777 Total Mortgage Backed Securities (identified cost $16,920,406) 17,004,552 Adjustable Rate Mortgages--11.5% Federal National Mortgage Association ARMs--11.5% 875,208 3.683%, 6/1/2033 869,489 568,146 3.817%, 10/1/2034 568,221 1,599,270 3.998%, 5/1/2033 1,598,287 4,464,670 4.114%, 1/1/2035 4,475,789 Total adjustable-rate mortgages (identified cost $7,524,858) 7,511,786 Repurchase Agreements--39.9% 431,000 Interest in $3,070,000,000 joint repurchase agreement with Barclays Capital, Inc., 3.080%, dated 5/31/2005 to be repurchased at $431,037 on 6/1/2005, collateralized by U.S. Government Agency Obligations with various maturities to 5/5/2008, collateral market value $3,131,400,678 431,000 5,000,000 (2) Interest in $60,000,000 joint repurchase agreement with UBS Securities LLC, 3.000%, dated 5/17/2005 to be repurchased at $5,012,500 on 6/16/2005, collateralized by U.S. Government Agency Obligations with various maturities to 3/25/2032, collateral market value $61,803,786 5,000,000 10,000,000 Interest in $1,290,000,000 joint repurchase agreement with BNP Paribas Securities Corp., 3.080%, dated 5/31/2005 to be repurchased at $10,000,856 on 6/1/2005, collateralized by U.S. Government Agency Obligations with various maturities to 6/1/2035, collateral market value $1,321,559,572 (held as collateral for securities lending) 10,000,000 10,541,000 Interest in $1,000,000,000 joint repurchase agreement with Goldman Sachs and Co., 3.080%, dated 5/31/2005 to be repurchased at $10,541,902 on 6/1/2005, collateralized by U.S. Government Agency Obligations with various maturities to 4/1/2035, collateral market value $1,029,693,799 (held as collateral for securities lending) 10,541,000 Total repurchase agreements (at amortized cost) 25,972,000 Total Investments - 139.2% (identified cost $90,404,236)(3) 90,594,539 OTHER ASSETS AND LIABILITIES - NET - (39.2)% (25,490,311) TOTAL NET ASSETS - 100% $ 65,104,228 1 All or a portion of these shares are temporarily on loan to unaffiliated broker/dealers. As of May 31, 2005, securities subject to this type of arrangement and related collateral were as follows: Market Value of Securities Loaned Market Value of Collateral $20,209,400 $20,541,000 2 Although final maturity falls beyond seven days at date of purchase, a liquidity feature is included in each transaction to permit termination of the repurchase agreement within seven days. 3 At May 31, 2005, the cost of investments for federal tax purposes was $90,404,236. The net unrealized appreciation of investments for federal tax purposes was $190,303. This consists of net unrealized appreciation from investments for those securities having an excess of value over cost of $218,516 and net unrealized depreciation from investments for those securities having an excess of cost over value of $28,213. Note: The categories of investments are shown as a percentage of total net assets at May 31, 2005. Investment Valuation U.S. government securities are generally valued at the mean of the latest bid and asked price as furnished by an independent pricing service. Mortgage-backed security values furnished by an independent pricing service are based on the aggregate investment value of the projected cash flows to be generated by the security. 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. Securities for which no quotations are readily available are valued at fair value as determined in accordance with procedures established by and under general supervision of the Board of Directors. The following acronyms are used throughout this portfolio: ARMS --Adjustable Rate Mortgages
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 Intermediate Government Fund, Inc. By /S/Richard J. Thomas Richard J. Thomas, Principal Financial Officer (insert name and title) Date July 15, 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 J. Christopher Donahue, Principal Executive Officer Date July 15, 2005 By /S/Richard J. Thomas Richard J. Thomas, Principal Financial Officer Date July 15, 2005 EX-99.CERT 2 cert.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 Intermediate Government 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) and internal control over financial reporting (as defined in Rule 30a-3(d) 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. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; 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: July 15, 2005 /S/ J. Christopher Donahue 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 Intermediate Government 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) and internal control over financial reporting (as defined in Rule 30a-3(d) 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. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; 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: July 15, 2005 /S/ Richard J. Thomas Richard J. Thomas, Treasurer - Principal Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----