| Abstrakt: |
PITTSBURGH, July 24, 2015 /PRNewswire/ -- Federated Investment Management Company, the investment adviser to Federated Enhanced Treasury Income Fund (NYSE: FTT), today announced that it is recommending to the fund's Board of Trustees that the fund convert to an open-end mutual fund. The conversion, which would need to be approved by both the fund's Board of Trustees and shareholders, would be expected to be completed during the fourth quarter of 2015. The fund's two largest shareholders have agreed to vote in favor of converting FTT to an open-end fund. [ABSTRACT FROM PUBLISHER] |
