News stories about Federated Enhanced Treasury Income Fund (NYSE:FTT) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Federated Enhanced Treasury Income Fund earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned news stories about the investment management company an impact score of 47.6611356640892 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Federated Enhanced Treasury Income Fund (NYSE:FTT) remained flat at $$13.61 during midday trading on Tuesday. Federated Enhanced Treasury Income Fund has a 1 year low of $12.81 and a 1 year high of $13.82.
Separately, Canaccord Genuity reiterated a “buy” rating and issued a $36.00 price objective on shares of Federated Enhanced Treasury Income Fund in a report on Wednesday, October 18th.
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Federated Enhanced Treasury Income Fund Company Profile
Federated Premier Intermediate Municipal Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from federal income tax, including the federal alternative minimum tax (AMT). The Fund’s portfolio of investments include various sectors namely transportation, special tax, hospital, education, public power, senior care, water and sewer, general obligation-local, industrial development bond/pollution control revenue and general obligation-state.
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