1933 Act File No. | 2-60103 |
1940 Act File No. | 811-2782 |
Form N-1A
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 | ||||
Pre-Effective Amendment No. | ||||
Post-Effective Amendment No. | 63 | |||
and/or | ||||
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 | ||||
Amendment No. | 56 | |||
FEDERATED HIGH INCOME BOND FUND, INC.
(Exact Name of Registrant as Specified in Charter)
Federated Investors Funds
4000 Ericsson Drive
Warrendale, PA 15086-7561
(Address of Principal Executive Offices)
(412) 288-1900
(Registrant’s Telephone Number, including Area Code)
John W. McGonigle, Esquire
Federated Investors Tower
Pittsburgh, Pennsylvania 15222-3779
(Name and Address of Agent for Service)
It is proposed that this filing will become effective (check appropriate box): | |||
X | immediately upon filing pursuant to paragraph (b) | ||
on | pursuant to paragraph (b) | ||
60 days after filing pursuant to paragraph (a)(1) | |||
on | pursuant to paragraph (a)(1) | ||
75 days after filing pursuant to paragraph (a)(2) | |||
on | pursuant to paragraph (a)(2) of Rule 485 | ||
If appropriate, check the following box: | |||
This post-effective amendment designates a new effective date for a previously filed post-effective amendment. |
SIGNATURES Pursuant to the requirements of the Securities Act of 1933, and the Investment Company Act of 1940, the Registrant, Federated High Income Bond Fund, Inc., certifies that it meets all of the requirements for effectiveness of this Amendment to its Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Pittsburgh and Commonwealth of Pennsylvania, on the 4th day of June, 2013. |
FEDERATED HIGH INCOME BOND FUND, INC. |
BY: /s/ Andrew P. Cross Andrew P. Cross, Assistant Secretary |
Pursuant to the requirements of the Securities Act of 1933, this Amendment to its Registration Statement has been signed below by the following person in the capacity and on the date indicated: |
NAME | TITLE | DATE |
BY: /s/ Andrew P. Cross Andrew
P. Cross, |
Attorney In Fact For the Persons Listed Below | June 4, 2013 |
John F. Donahue* | Director | |
J. Christopher Donahue * | President and Director (Principal Executive Officer) | |
Lori A. Hensler* | Treasurer (Principal Financial Officer) | |
John F. Cunningham | Director | |
Maureen Lally-Green | Director | |
Peter E. Madden* | Director | |
Charles F. Mansfield, Jr.* | Director | |
Thomas O’Neill* | Director | |
John S. Walsh* | Director | |
*By Power of Attorney |
Federated High Income Bond Fund, Inc.
Post-Effective Amendment No. 61 |
This Post-Effective Amendment is filed for the sole purpose of submitting the XBRL Interactive Data File exhibits for the Risk/Return Summary of the above-named Fund filed as part of Post-Effective Amendment No. 60 on May 29, 2012. The exhibits filed herewith do not constitute the complete publicly filed disclosure for the Fund, and should be used in conjunction with the complete prospectus for the Fund. |
Exhibit List for Interactive Data File Submissions.
|
EX-101.INS | INSTANCE |
EX-101.SCH | SCHEMA |
EX-101.CAL | CALCULATION LINKBASE |
EX-101.DEF | DEFINITION LINKBASE |
EX-101.LAB | LABEL LINKBASE |
EX-101.PRE | PRESENTATION LINKBASE |
Label | Element | Value |
---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |
Registrant Name | dei_EntityRegistrantName | FEDERATED HIGH INCOME BOND FUND INC |
Prospectus Date | rr_ProspectusDate | May 31, 2013 |
Document Creation Date | dei_DocumentCreationDate | May 28, 2013 |
"+ text.join( "
\n" ) +"
" + text[p] + "
\n"; } } }else{ formatted = '' + raw + '
'; } html = ''+ "\n"+''+ "\n"+''+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+' | '+ "\n"+'
'+ "\n"+' | '+ "\n"+' '+ "\n"+'
'+ "\n"+' | '+ "\n"+' '+ "\n"+'
Label | Element | Value | ||||
---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |||||
Registrant Name | dei_EntityRegistrantName | FEDERATED HIGH INCOME BOND FUND INC | ||||
Prospectus Date | rr_ProspectusDate | May 31, 2013 | ||||
FEDERATED HIGH INCOME BOND FUND INC
|
||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Risk/Return [Heading] | rr_RiskReturnHeading | Federated High Income Bond Fund, Inc. (the "Fund") | ||||
Objective [Heading] | rr_ObjectiveHeading | RISK/RETURN SUMMARY: INVESTMENT OBJECTIVE | ||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The Fund's investment objective is to seek high current income. | ||||
Expense [Heading] | rr_ExpenseHeading | RISK/RETURN SUMMARY: FEES AND EXPENSES | ||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy and hold Class A Shares (A), Class B Shares (B) and Class C Shares (C) of the Fund. You may qualify for certain sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in certain classes (e.g., A class) of Federated funds. More information about these and other discounts is available from your financial professional and in the "What Do Shares Cost?" section of the Prospectus on page 13. | ||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | Shareholder Fees (fees paid directly from your investment) | ||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) | ||||
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | Portfolio Turnover | ||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund Shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 38% of the average value of its portfolio. | ||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 38.00% | ||||
Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | You may qualify for certain sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in certain classes (e.g., A class) of Federated funds. | ||||
Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | 100,000 | ||||
Expense Example [Heading] | rr_ExpenseExampleHeading | Example | ||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 for the time periods indicated and then redeem all of your Shares at the end of those periods. Expenses assuming no redemption are also shown. The Example also assumes that your investment has a 5% return each year and that operating expenses are as shown in the table above and remain the same. Although your actual costs and returns may be higher or lower, based on these assumptions your costs would be: |
||||
Strategy [Heading] | rr_StrategyHeading | RISK/RETURN SUMMARY: INVESTMENTS, RISKS and PERFORMANCE What are the Fund's Main Investment Strategies? |
||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Fund pursues its investment objective by investing primarily in a diversified portfolio of high-yield, lower-rated corporate bonds (also known as "junk bonds"). The Fund primarily invests in domestic high-yield bonds but may invest a portion of its portfolio in securities of issuers based outside of the United States (so-called "foreign securities") in both emerging and developed markets. The Fund may invest in derivative contracts and/or hybrid instruments to implement elements of its investment strategy as more fully described in the Fund's Prospectus. The Fund's investments are subject to credit risks, liquidity risk, risk associated with noninvestment-grade securities, risk related to the economy, interest rate risk, risk of foreign investing, currency risk, risk of investing in emerging market countries, risk of investing in derivative contracts and hybrid instruments, leverage risk, risk of loss after redemption technology risk, each are more fully described in the Fund's Prospectus. Because the Fund refers to high-income bond investments in its name, it will notify shareholders at least 60 days in advance of any change in its investment policies that would enable the Fund to normally invest less than 80% of its assets (plus any borrowings for investment purposes) in fixed-income investments rated below investment grade. |
||||
Risk [Heading] | rr_RiskHeading | What are the Main Risks of Investing in the Fund? | ||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | All mutual funds take investment risks. Therefore, it is possible to lose money by investing in the Fund. The primary factors that may reduce the Fund's returns include:
|
||||
Risk Lose Money [Text] | rr_RiskLoseMoney | All mutual funds take investment risks. Therefore, it is possible to lose money by investing in the Fund. | ||||
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | The Shares offered by this Prospectus are not deposits or obligations of any bank, are not endorsed or guaranteed by any bank and are not insured or guaranteed by the U.S. government, the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other government agency. | ||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | Performance: Bar Chart and Table Risk/Return Bar Chart |
||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The bar chart and performance table below reflect historical performance data for the Fund and are intended to help you analyze the Fund's investment risks in light of its historical returns. The bar chart shows the variability of the Fund's A class total returns on a calendar year-by-year basis. The Average Annual Total Return Table shows returns for each class averaged over the stated periods, and includes comparative performance information. The Fund's performance will fluctuate, and past performance (before and after taxes) is not necessarily an indication of future results. Updated performance information for the Fund is available under the "Products" section at FederatedInvestors.com or by calling 1-800-341-7400. | ||||
Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | The bar chart shows the variability of the Fund's A class total returns on a calendar year-by-year basis. | ||||
Performance Availability Phone [Text] | rr_PerformanceAvailabilityPhone | 1-800-341-7400 | ||||
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | FederatedInvestors.com | ||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | The Fund's performance will fluctuate, and past performance (before and after taxes) is not necessarily an indication of future results. | ||||
Bar Chart [Heading] | rr_BarChartHeading | Federated High Income Bond Fund, Inc. - A Class | ||||
Bar Chart Does Not Reflect Sales Loads [Text] | rr_BarChartDoesNotReflectSalesLoads | The total returns shown in the bar chart do not reflect the payment of any sales charges or recurring shareholder account fees. If these charges or fees had been included, the returns shown would have been lower. | ||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock | The total returns shown in the bar chart do not reflect the payment of any sales charges or recurring shareholder account fees. If these charges or fees had been included, the returns shown would have been lower. The Fund's A class total return for the three-month period from January 1, 2013 to March 31, 2013, was 2.79%. Within the periods shown in the bar chart, the Fund's A class highest quarterly return was 19.02% (quarter ended June 30, 2009). Its lowest quarterly return was (19.31)% (quarter ended December 31, 2008). |
||||
Performance Table Heading | rr_PerformanceTableHeading | Average Annual Total Return Table | ||||
Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | After-tax returns are calculated using a standard set of assumptions. The stated returns assume the highest historical federal income and capital gains tax rates. These after-tax returns do not reflect the effect of any applicable state and local taxes. | ||||
Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | After-tax returns are not relevant to investors holding Shares through a 401(k) plan, an Individual Retirement Account or other tax-advantaged investment plan. | ||||
Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | After-tax returns are shown only for the A class, and after-tax returns for the B class and C class will differ from those shown for the A class. | ||||
Performance Table Narrative | rr_PerformanceTableNarrativeTextBlock | In addition to Return Before Taxes, Return After Taxes is shown for the Fund's A class to illustrate the effect of federal taxes on Fund returns. After-tax returns are shown only for the A class, and after-tax returns for the B class and C class will differ from those shown for the A class. Actual after-tax returns depend on each investor's personal tax situation, and are likely to differ from those shown. After-tax returns are calculated using a standard set of assumptions. The stated returns assume the highest historical federal income and capital gains tax rates. These after-tax returns do not reflect the effect of any applicable state and local taxes. After-tax returns are not relevant to investors holding Shares through a 401(k) plan, an Individual Retirement Account or other tax-advantaged investment plan. (For the Period Ended December 31, 2012) |
||||
FEDERATED HIGH INCOME BOND FUND INC | A
|
||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 4.50% | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, as applicable) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (and other Distributions) (as a percentage of offering price) | rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther | none | ||||
Redemption Fee (as a percentage of amount redeemed, if applicable) | rr_RedemptionFeeOverRedemption | 2.00% | ||||
Exchange Fee | rr_ExchangeFeeOverRedemption | none | ||||
Management Fee | rr_ManagementFeesOverAssets | 0.75% | ||||
Distribution (12b-1) Fee | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.48% | ||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.24% | ||||
Fee Waivers and/or Expense Reimbursements | rr_FeeWaiverOrReimbursementOverAssets | none | ||||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements | rr_NetExpensesOverAssets | 1.24% | ||||
1 Year | rr_ExpenseExampleYear01 | 571 | ||||
3 Years | rr_ExpenseExampleYear03 | 826 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,100 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,882 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 571 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 826 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,100 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | 1,882 | ||||
2003 | rr_AnnualReturn2003 | 23.46% | ||||
2004 | rr_AnnualReturn2004 | 10.56% | ||||
2005 | rr_AnnualReturn2005 | 2.47% | ||||
2006 | rr_AnnualReturn2006 | 10.48% | ||||
2007 | rr_AnnualReturn2007 | 3.36% | ||||
2008 | rr_AnnualReturn2008 | (25.63%) | ||||
2009 | rr_AnnualReturn2009 | 51.14% | ||||
2010 | rr_AnnualReturn2010 | 14.07% | ||||
2011 | rr_AnnualReturn2011 | 4.66% | ||||
Annual Return 2012 | rr_AnnualReturn2012 | 14.28% | ||||
Year to Date Return, Label | rr_YearToDateReturnLabel | The Fund's A class total return for the three-month period | ||||
Bar Chart, Year to Date Return, Date | rr_BarChartYearToDateReturnDate | Mar. 31, 2013 | ||||
Bar Chart, Year to Date Return | rr_BarChartYearToDateReturn | 2.79% | ||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | highest quarterly return | ||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2009 | ||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 19.02% | ||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | lowest quarterly return | ||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Dec. 31, 2008 | ||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (19.31%) | ||||
1 Year | rr_AverageAnnualReturnYear01 | 9.09% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 7.94% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 8.88% | ||||
FEDERATED HIGH INCOME BOND FUND INC | B
|
||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, as applicable) | rr_MaximumDeferredSalesChargeOverOther | 5.50% | ||||
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (and other Distributions) (as a percentage of offering price) | rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther | none | ||||
Redemption Fee (as a percentage of amount redeemed, if applicable) | rr_RedemptionFeeOverRedemption | 2.00% | ||||
Exchange Fee | rr_ExchangeFeeOverRedemption | none | ||||
Management Fee | rr_ManagementFeesOverAssets | 0.75% | ||||
Distribution (12b-1) Fee | rr_DistributionAndService12b1FeesOverAssets | 0.75% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.48% | ||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.99% | ||||
Fee Waivers and/or Expense Reimbursements | rr_FeeWaiverOrReimbursementOverAssets | none | ||||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements | rr_NetExpensesOverAssets | 1.99% | ||||
1 Year | rr_ExpenseExampleYear01 | 752 | ||||
3 Years | rr_ExpenseExampleYear03 | 1,024 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,273 | ||||
10 Years | rr_ExpenseExampleYear10 | 2,123 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 202 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 624 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,073 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | 2,123 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 7.80% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 7.80% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 8.71% | ||||
FEDERATED HIGH INCOME BOND FUND INC | C
|
||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, as applicable) | rr_MaximumDeferredSalesChargeOverOther | 1.00% | ||||
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (and other Distributions) (as a percentage of offering price) | rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther | none | ||||
Redemption Fee (as a percentage of amount redeemed, if applicable) | rr_RedemptionFeeOverRedemption | 2.00% | ||||
Exchange Fee | rr_ExchangeFeeOverRedemption | none | ||||
Management Fee | rr_ManagementFeesOverAssets | 0.75% | ||||
Distribution (12b-1) Fee | rr_DistributionAndService12b1FeesOverAssets | 0.75% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.48% | ||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.99% | ||||
Fee Waivers and/or Expense Reimbursements | rr_FeeWaiverOrReimbursementOverAssets | none | ||||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements | rr_NetExpensesOverAssets | 1.99% | ||||
1 Year | rr_ExpenseExampleYear01 | 302 | ||||
3 Years | rr_ExpenseExampleYear03 | 624 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,073 | ||||
10 Years | rr_ExpenseExampleYear10 | 2,317 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 202 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 624 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,073 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | 2,317 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 12.30% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 8.10% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 8.53% | ||||
FEDERATED HIGH INCOME BOND FUND INC | Return After Taxes on Distributions | A
|
||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 6.35% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 4.88% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 5.89% | ||||
FEDERATED HIGH INCOME BOND FUND INC | Return After Taxes on Distributions and Sale of Fund Shares | A
|
||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 5.81% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 4.87% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 5.81% | ||||
FEDERATED HIGH INCOME BOND FUND INC | Barclays U.S. Corporate High Yield 2% Issuer Capped Index (reflects no deduction for fees, expenses or taxes)
|
||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 15.78% | [1] | |||
5 Years | rr_AverageAnnualReturnYear05 | 10.45% | [1] | |||
10 Years | rr_AverageAnnualReturnYear10 | 10.60% | [1] | |||
FEDERATED HIGH INCOME BOND FUND INC | Lipper High Current Yield Fund Average
|
||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 14.69% | [2] | |||
5 Years | rr_AverageAnnualReturnYear05 | 8.02% | [2] | |||
10 Years | rr_AverageAnnualReturnYear10 | 8.90% | [2] | |||
|