Federated Government Income Fund Manager Performance Evaluation

FICMX Fund  USD 9.05  -0.03  -0.33%   
The fund holds a Beta (Systematic Risk) of 0.0715, which attests to very low measured sensitivity to broad market movements. Federated Government moves in the same direction as the market but with less intensity, offering a degree of cushion during selloffs.
Risk-Adjusted Performance
Weak
 
Weak
 
Strong
Over the last 90 days, Federated Government Income generated negative risk-adjusted returns and added little value for fund investors. Current market capitalization is about 9.0. Despite somewhat strong primary indicators, Federated Government is not utilizing all of its potential. The current price disturbance may contribute to short-term losses for investors. Learn More
Expense Ratio Date31st of March 2025
Expense Ratio0.6400
  

Relative Risk vs. Return Landscape

If you had invested $ 908.00 in Federated Government Income on December 24, 2025 and sold it today you would have earned a total of $ 0.00  from holding Federated Government Income or generated 0.0% return on investment over 90 days. Federated Government Income is currently producing a 3.0E-4% return and carries 0.2453% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Federated, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
This benchmark view frames the instrument through return capture and volatility trade-offs. It keeps the emphasis on benchmark context, not just standalone performance. Assuming a 90-day horizon Federated Government is expected to generate 0.29 times more return on investment than the market. However, the fund is 3.43 times less risky than the market. It trades about 0.0 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.1 per unit of risk.

Historical Prices of Federated Government

Below is the normalized historical share price chart for Federated Government Income extending back to May 15, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Federated Government stands at 9.05, as last reported on the 24th of March, with the highest price reaching 9.05 and the lowest price hitting 9.05 during the day.
Macro event markers
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Target Price Odds to finish over Current Price

Investors have long observed that Federated Mutual Fund price tends to fluctuate around a central value over time. Many studies suggest that some traded funds are consistently mispriced before supply and demand correct the spread.
Current PriceHorizonTarget PriceOdds moving above the current price in 90 days
9.05 90 days 9.05
over 95.55
A normal distribution analysis suggests that the odds of Federated Government moving above the current price in 90 days from now are over 95.55 . That points to an upside-skewed near-term setup based on recent return behavior. (The chart shows where the base-case price path for Federated Mutual Fund has been concentrating over 90 days). Wider tails indicate a broader spread of plausible outcomes for Federated Mutual Fund.
Assuming a 90-day horizon Federated Government has a beta of 0.0715. This usually indicates as returns on the market go up, Federated Government's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Federated Government Income is expected to be smaller as well. Additionally, Federated Government Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The fund is significantly underperforming the Dow Jones Industrial.
   Federated Government Price Density   
       Price  

Predictive Modules for Federated Government

The fund market offers a wide variety of forecasting techniques applicable to instruments like Federated Government. While no single technique guarantees accuracy, combining multiple methods often improves prediction reliability.
Mean reversion in Federated Government's price occurs when temporary dislocations correct back toward historical fair value. This tendency of Federated Government's price to converge to an average value over time is called mean reversion.
Hype
Prediction
LowEstimatedHigh
8.839.089.33
Details
Intrinsic
Valuation
LowRealHigh
8.859.109.35
Details
Naive
Forecast
LowNextHigh
8.819.069.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.089.199.30
Details
Context is everything in equity analysis when evaluating Federated Government's growth rates and margins. Placing Federated Government's results in peer context reveals whether performance is company-specific or industry-wide.

Primary Risk Indicators

The mutual fund market has gone through extended turbulence over the past two decades, and Federated Government has not been immune. Sharp price drops and substantial rallies have shaped Federated Government's value during this period.
α
Alpha over Dow Jones
-0.0032
β
Beta against Dow Jones0.07
σ
Overall volatility
0.06
Ir
Information ratio 0.25

Investor Alerts and Insights

Setting up alerts on Federated Government ensures that material changes in technical or fundamental conditions are not missed. Notifications for Federated Government surface changes in technical patterns and fundamental metrics that could influence decisions.
Latest headline from news.google.com: Buy these 3 Shelton mutual funds for higher returns - MSN
The fund generated five year return of 0.0%
Federated Government retains about 12.8% of its assets under management (AUM) in cash

Federated Government Fundamentals Growth

Federated Government's fundamentals serve as the primary lens through which investors evaluate Federated Mutual Fund. Key drivers such as revenue growth, earnings trends, and margin expansion directly influence Federated Mutual Fund valuation.

Performance Metrics & Calculation Methodology

Federated Government performance is typically evaluated through NAV-based returns relative to category peers and stated objectives. Benchmark comparison clarifies whether outcomes reflect exposure or implementation effects.

Data shown for Federated Government Income is aggregated from fund disclosures and market reference feeds and normalized across reporting formats. Source publication timing can introduce delays. Return and risk statistics are calculated from historical price series.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board
Last reviewed on March 14th, 2026