0001623632-18-000851.txt : 20180710 0001623632-18-000851.hdr.sgml : 20180710 20180710095255 ACCESSION NUMBER: 0001623632-18-000851 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 15 FILED AS OF DATE: 20180710 DATE AS OF CHANGE: 20180710 EFFECTIVENESS DATE: 20180710 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FEDERATED INSTITUTIONAL TRUST CENTRAL INDEX KEY: 0000925723 IRS NUMBER: 251737663 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-54445 FILM NUMBER: 18946171 BUSINESS ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 BUSINESS PHONE: 8003417400 MAIL ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 0000925723 S000009740 Federated Government Ultrashort Duration Fund C000026761 Class A Shares FGUAX C000026762 Service Shares FEUSX C000026763 Institutional Shares FGUSX C000168177 Class R6 Shares FGULX 497 1 form.htm

 

 

Federated Government Ultrashort Duration Fund

Class A Shares

Institutional Shares

Service Shares

Class R6 Shares

Portfolio of Federated Institutional Trust

 

This Rule 497(e) filing is submitted for the sole purpose of submitting the XBRL Interactive Data File exhibits for the revised Risk/Return Summary of the above-named Fund and Classes.  This Interactive Data File relates to, and incorporates by reference, the supplement to the Prospectus for the Fund and Classes filed pursuant to Rule 497(e) on June 28, 2018, Accession No. 0001623632-18-000820. The exhibits filed herewith do not constitute the complete publicly filed disclosure for the Fund and its Classes, and should be used in conjunction with the complete prospectus for the Fund and its Classes, as revised.

 

Exhibit List for Interactive Data File Submissions.

 

 

EX-101.INS INSTANCE
EX-101.SCH SCHEMA
EX-101.DEF DEFINITION LINKBASE
EX-101.LAB LABEL LINKBASE
EX-101.PRE PRESENTATION LINKBASE

 

 

 

 

EX-101.INS 2 finst1-20180628.xml XBRL INSTANCE FILE 0000925723 2017-09-30 2017-09-30 0000925723 finst1:S000009740Member 2017-09-30 2017-09-30 2017-09-30 497 2017-07-31 FEDERATED INSTITUTIONAL TRUST 0000925723 false 2018-06-28 2018-06-28 <div>Federated Government Ultrashort Duration Fund</div> <p>A Portfolio of Federated Institutional Trust</p> <p>CLASS A SHARES (TICKER FGUAX)<br/>INSTITUTIONAL SHARES (TICKER FGUSX)<br/>SERVICE SHARES (TICKER FEUSX)<br/>CLASS R6 SHARES (TICKER FGULX)</p> <p>SUPPLEMENT TO PROSPECTUS DATED SEPTEMBER 30, 2017 </p> <p>The Board of Trustees of Federated Government Ultrashort Duration Fund (the "Fund") has approved a reduction in the Fund's management fee from 0.35% to 0.30% of the Fund's average daily net assets effective June 28, 2018.</p> <p>1. Under the section entitled "<b>RISK/RETURN SUMMARY: FEES AND EXPENSES</b>," please replace the "<b>Fee Table</b>" and "<b>Example</b>" in their entirety with the following:</p> <p>This table describes the fees and expenses that you may pay if you buy and hold Class A Shares (A), Institutional Shares (IS), Service Shares (SS) or Class R6 Shares (R6) 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 $50,000 in certain classes of Federated funds. More information about these and other discounts is available from your financial professional, in the "What Do Shares Cost?" section of the Prospectus on page 10 and in "Appendix B" to this Prospectus. If you purchase the Fund's IS, SS or R6 Shares through a broker acting as an agent on behalf of its customers, you may be required to pay a commission to such broker; such commissions, if any are not reflected in the Example below.</p> <table> <tr> <td valign="top" align="left"> <b>Shareholder Fees (fees paid directly from your investment)</b> <br/> </td> <td valign="top" align="left"> <b>A</b> </td> <td valign="top" align="left"> <b>IS</b> </td> <td valign="top" align="left"> <b>SS</b> </td> <td valign="top" align="left"> <b>R6</b> </td> </tr> <tr> <td valign="top" align="left">Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)</td> <td valign="top" align="left">2.00%</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> </tr> <tr> <td valign="top" align="left">Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption&nbsp;proceeds, as applicable)</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> </tr> <tr> <td valign="top" align="left">Maximum Sales Charge (Load) Imposed on Reinvested Dividends (and other Distributions) (as a percentage of offering price)</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> </tr> <tr> <td valign="top" align="left">Redemption Fee (as a percentage of amount redeemed, if applicable)</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> </tr> <tr> <td valign="top" align="left">Exchange Fee</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> </tr> <tr> <td valign="top" align="left"> <b>Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</b> <br/> </td> <td valign="top" align="left"></td> <td valign="top" align="left"></td> <td valign="top" align="left"></td> <td valign="top" align="left"> </td></tr> <tr> <td valign="top" align="left">Management Fee<sup>1</sup></td> <td valign="top" align="left">0.30%</td> <td valign="top" align="left">0.30%</td> <td valign="top" align="left">0.30%</td> <td valign="top" align="left">0.30%</td> </tr> <tr> <td valign="top" align="left">Distribution (12b-1) Fee</td> <td valign="top" align="left">0.25%</td> <td valign="top" align="left">None</td> <td valign="top" align="left">0.00%<sup>2</sup></td> <td valign="top" align="left">None</td> </tr> <tr> <td valign="top" align="left">Other Expenses</td> <td valign="top" align="left">0.44%</td> <td valign="top" align="left">0.18%</td> <td valign="top" align="left">0.44%</td> <td valign="top" align="left">0.14%</td> </tr> <tr> <td valign="top" align="left">Total Annual Fund Operating Expenses<sup>1</sup></td> <td valign="top" align="left">0.99%</td> <td valign="top" align="left">0.48%</td> <td valign="top" align="left">0.74%</td> <td valign="top" align="left">0.44%</td> </tr> <tr> <td valign="top" align="left">Fee Waivers and/or Expense Reimbursements<sup>1,3</sup></td> <td valign="top" align="left">(0.28)%</td> <td valign="top" align="left">(0.22)%</td> <td valign="top" align="left">(0.38)%</td> <td valign="top" align="left">(0.20)%</td> </tr> <tr> <td valign="top" align="left">Total Annual Fund Operating Expenses After Fee Waivers and/or <br/>Expense Reimbursements<sup></sup></td> <td valign="top" align="left">0.71%</td> <td valign="top" align="left">0.26%</td> <td valign="top" align="left">0.36%</td> <td valign="top" align="left">0.24%</td> </tr> </table> <p>1The Management Fee, Total Annual Fund Operating Expenses and Fee Waivers and/or Expense Reimbursements have been restated to reflect current fees due to a reduction in the stated, gross Management Fee for the Fund.</p> <p>2The Fund has adopted a Distribution (12b-1) Plan for its SS class pursuant to which the SS class of the Fund may incur or charge a Distribution (12b-1) fee of up to a maximum amount of 0.05%. No such fee is currently incurred or charged by the SS class of the Fund. The SS class of the Fund will not incur or charge such a Distribution (12b-1) fee until such time as approved by the Fund's Board of Trustees (the "Trustees").</p> <p>3The Adviser and certain of its affiliates on their own initiative have agreed to waive certain amounts of their respective fees and/or reimburse expenses. Total annual fund operating expenses (excluding acquired fund fees and expenses, interest expense, extraordinary expenses, line of credit expenses and proxy-related expenses paid by the Fund, if any) paid by the Fund's A, IS, SS and R6 classes (after the voluntary waivers and/or reimbursements) will not exceed 0.70%, 0.25%, 0.35% and 0.23% (the "Fee Limit"), respectively, up to but not including the later of (the "Termination Date"): (a) October 1, 2018; or (b) the date of the Fund's next effective Prospectus. While the Adviser and its affiliates currently do not anticipate terminating or increasing these arrangements prior to the Termination Date, these arrangements may only be terminated or the Fee Limit increased prior to the Termination Date with the agreement of the Trustees.</p> <p></p> <h3>Example</h3> <p>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.</p> <p>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. 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:</p> <table> <tr> <td valign="top" align="left">Share Class</td> <td valign="top" align="left">1 Year</td> <td valign="top" align="left">3 Years</td> <td valign="top" align="left">5 Years</td> <td valign="top" align="left">10 Years</td> </tr> <tr> <td valign="top" align="left">A</td> <td valign="top" align="left">$299</td> <td valign="top" align="left">$509</td> <td valign="top" align="left">$736</td> <td valign="top" align="left">$1,389</td> </tr> <tr> <td valign="top" align="left">IS</td> <td valign="top" align="left">$49</td> <td valign="top" align="left">$154</td> <td valign="top" align="left">$269</td> <td valign="top" align="left">$604</td> </tr> <tr> <td valign="top" align="left">SS</td> <td valign="top" align="left">$76</td> <td valign="top" align="left">$237</td> <td valign="top" align="left">$411</td> <td valign="top" align="left">$918</td> </tr> <tr> <td valign="top" align="left">R6</td> <td valign="top" align="left">$45</td> <td valign="top" align="left">$141</td> <td valign="top" align="left">$246</td> <td valign="top" align="left">$555</td> </tr> </table> <div>Federated Government Ultrashort Duration Fund</div> <p>A Portfolio of Federated Institutional Trust</p> <p>CLASS A SHARES (TICKER FGUAX)<br/>INSTITUTIONAL SHARES (TICKER FGUSX)<br/>SERVICE SHARES (TICKER FEUSX)<br/>CLASS R6 SHARES (TICKER FGULX)</p> <p>SUPPLEMENT TO PROSPECTUS DATED SEPTEMBER 30, 2017 </p> <p>The Board of Trustees of Federated Government Ultrashort Duration Fund (the "Fund") has approved a reduction in the Fund's management fee from 0.35% to 0.30% of the Fund's average daily net assets effective June 28, 2018.</p> <p>1. Under the section entitled "<b>RISK/RETURN SUMMARY: FEES AND EXPENSES</b>," please replace the "<b>Fee Table</b>" and "<b>Example</b>" in their entirety with the following:</p> <p>This table describes the fees and expenses that you may pay if you buy and hold Class A Shares (A), Institutional Shares (IS), Service Shares (SS) or Class R6 Shares (R6) 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 $50,000 in certain classes of Federated funds. More information about these and other discounts is available from your financial professional, in the "What Do Shares Cost?" section of the Prospectus on page 10 and in "Appendix B" to this Prospectus. If you purchase the Fund's IS, SS or R6 Shares through a broker acting as an agent on behalf of its customers, you may be required to pay a commission to such broker; such commissions, if any are not reflected in the Example below.</p> <table> <tr> <td valign="top" align="left"> <b>Shareholder Fees (fees paid directly from your investment)</b> <br/> </td> <td valign="top" align="left"> <b>A</b> </td> <td valign="top" align="left"> <b>IS</b> </td> <td valign="top" align="left"> <b>SS</b> </td> <td valign="top" align="left"> <b>R6</b> </td> </tr> <tr> <td valign="top" align="left">Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)</td> <td valign="top" align="left">2.00%</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> </tr> <tr> <td valign="top" align="left">Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption&nbsp;proceeds, as applicable)</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> </tr> <tr> <td valign="top" align="left">Maximum Sales Charge (Load) Imposed on Reinvested Dividends (and other Distributions) (as a percentage of offering price)</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> </tr> <tr> <td valign="top" align="left">Redemption Fee (as a percentage of amount redeemed, if applicable)</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> </tr> <tr> <td valign="top" align="left">Exchange Fee</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> <td valign="top" align="left">None</td> </tr> <tr> <td valign="top" align="left"> <b>Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</b> <br/> </td> <td valign="top" align="left"></td> <td valign="top" align="left"></td> <td valign="top" align="left"></td> <td valign="top" align="left"> </td></tr> <tr> <td valign="top" align="left">Management Fee<sup>1</sup></td> <td valign="top" align="left">0.30%</td> <td valign="top" align="left">0.30%</td> <td valign="top" align="left">0.30%</td> <td valign="top" align="left">0.30%</td> </tr> <tr> <td valign="top" align="left">Distribution (12b-1) Fee</td> <td valign="top" align="left">0.25%</td> <td valign="top" align="left">None</td> <td valign="top" align="left">0.00%<sup>2</sup></td> <td valign="top" align="left">None</td> </tr> <tr> <td valign="top" align="left">Other Expenses</td> <td valign="top" align="left">0.44%</td> <td valign="top" align="left">0.18%</td> <td valign="top" align="left">0.44%</td> <td valign="top" align="left">0.14%</td> </tr> <tr> <td valign="top" align="left">Total Annual Fund Operating Expenses<sup>1</sup></td> <td valign="top" align="left">0.99%</td> <td valign="top" align="left">0.48%</td> <td valign="top" align="left">0.74%</td> <td valign="top" align="left">0.44%</td> </tr> <tr> <td valign="top" align="left">Fee Waivers and/or Expense Reimbursements<sup>1,3</sup></td> <td valign="top" align="left">(0.28)%</td> <td valign="top" align="left">(0.22)%</td> <td valign="top" align="left">(0.38)%</td> <td valign="top" align="left">(0.20)%</td> </tr> <tr> <td valign="top" align="left">Total Annual Fund Operating Expenses After Fee Waivers and/or <br/>Expense Reimbursements<sup></sup></td> <td valign="top" align="left">0.71%</td> <td valign="top" align="left">0.26%</td> <td valign="top" align="left">0.36%</td> <td valign="top" align="left">0.24%</td> </tr> </table> <p>1The Management Fee, Total Annual Fund Operating Expenses and Fee Waivers and/or Expense Reimbursements have been restated to reflect current fees due to a reduction in the stated, gross Management Fee for the Fund.</p> <p>2The Fund has adopted a Distribution (12b-1) Plan for its SS class pursuant to which the SS class of the Fund may incur or charge a Distribution (12b-1) fee of up to a maximum amount of 0.05%. No such fee is currently incurred or charged by the SS class of the Fund. The SS class of the Fund will not incur or charge such a Distribution (12b-1) fee until such time as approved by the Fund's Board of Trustees (the "Trustees").</p> <p>3The Adviser and certain of its affiliates on their own initiative have agreed to waive certain amounts of their respective fees and/or reimburse expenses. Total annual fund operating expenses (excluding acquired fund fees and expenses, interest expense, extraordinary expenses, line of credit expenses and proxy-related expenses paid by the Fund, if any) paid by the Fund's A, IS, SS and R6 classes (after the voluntary waivers and/or reimbursements) will not exceed 0.70%, 0.25%, 0.35% and 0.23% (the "Fee Limit"), respectively, up to but not including the later of (the "Termination Date"): (a) October 1, 2018; or (b) the date of the Fund's next effective Prospectus. While the Adviser and its affiliates currently do not anticipate terminating or increasing these arrangements prior to the Termination Date, these arrangements may only be terminated or the Fee Limit increased prior to the Termination Date with the agreement of the Trustees.</p> <p></p> <h3>Example</h3> <p>This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.</p> <p>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. 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:</p> <table> <tr> <td valign="top" align="left">Share Class</td> <td valign="top" align="left">1 Year</td> <td valign="top" align="left">3 Years</td> <td valign="top" align="left">5 Years</td> <td valign="top" align="left">10 Years</td> </tr> <tr> <td valign="top" align="left">A</td> <td valign="top" align="left">$299</td> <td valign="top" align="left">$509</td> <td valign="top" align="left">$736</td> <td valign="top" align="left">$1,389</td> </tr> <tr> <td valign="top" align="left">IS</td> <td valign="top" align="left">$49</td> <td valign="top" align="left">$154</td> <td valign="top" align="left">$269</td> <td valign="top" align="left">$604</td> </tr> <tr> <td valign="top" align="left">SS</td> <td valign="top" align="left">$76</td> <td valign="top" align="left">$237</td> <td valign="top" align="left">$411</td> <td valign="top" align="left">$918</td> </tr> <tr> <td valign="top" align="left">R6</td> <td valign="top" align="left">$45</td> <td valign="top" align="left">$141</td> <td valign="top" align="left">$246</td> <td valign="top" align="left">$555</td> </tr> </table> EX-101.SCH 3 finst1-20180628.xsd XBRL SCHEMA FILE 000000 - Document - Document and Entity Information {Elements} link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Supplement {Unlabeled} - Federated Government Ultrashort Duration Fund link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - Federated Government Ultrashort Duration Fund link:presentationLink link:calculationLink link:definitionLink EX-101.DEF 4 finst1-20180628_def.xml XBRL DEFINITION FILE EX-101.LAB 5 finst1-20180628_lab.xml XBRL LABEL FILE EX-101.PRE 6 finst1-20180628_pre.xml XBRL PRESENTATION FILE XML 8 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
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Registrant Name dei_EntityRegistrantName FEDERATED INSTITUTIONAL TRUST
Central Index Key dei_EntityCentralIndexKey 0000925723
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Sep. 30, 2017
Federated Government Ultrashort Duration Fund

A Portfolio of Federated Institutional Trust

CLASS A SHARES (TICKER FGUAX)
INSTITUTIONAL SHARES (TICKER FGUSX)
SERVICE SHARES (TICKER FEUSX)
CLASS R6 SHARES (TICKER FGULX)

SUPPLEMENT TO PROSPECTUS DATED SEPTEMBER 30, 2017

The Board of Trustees of Federated Government Ultrashort Duration Fund (the "Fund") has approved a reduction in the Fund's management fee from 0.35% to 0.30% of the Fund's average daily net assets effective June 28, 2018.

1. Under the section entitled "RISK/RETURN SUMMARY: FEES AND EXPENSES," please replace the "Fee Table" and "Example" in their entirety with the following:

This table describes the fees and expenses that you may pay if you buy and hold Class A Shares (A), Institutional Shares (IS), Service Shares (SS) or Class R6 Shares (R6) 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 $50,000 in certain classes of Federated funds. More information about these and other discounts is available from your financial professional, in the "What Do Shares Cost?" section of the Prospectus on page 10 and in "Appendix B" to this Prospectus. If you purchase the Fund's IS, SS or R6 Shares through a broker acting as an agent on behalf of its customers, you may be required to pay a commission to such broker; such commissions, if any are not reflected in the Example below.

Shareholder Fees (fees paid directly from your investment)
A IS SS R6
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 2.00% None None None
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, as applicable) None None None None
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (and other Distributions) (as a percentage of offering price) None None None None
Redemption Fee (as a percentage of amount redeemed, if applicable) None None None None
Exchange Fee None None None None
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fee1 0.30% 0.30% 0.30% 0.30%
Distribution (12b-1) Fee 0.25% None 0.00%2 None
Other Expenses 0.44% 0.18% 0.44% 0.14%
Total Annual Fund Operating Expenses1 0.99% 0.48% 0.74% 0.44%
Fee Waivers and/or Expense Reimbursements1,3 (0.28)% (0.22)% (0.38)% (0.20)%
Total Annual Fund Operating Expenses After Fee Waivers and/or
Expense Reimbursements
0.71% 0.26% 0.36% 0.24%

1The Management Fee, Total Annual Fund Operating Expenses and Fee Waivers and/or Expense Reimbursements have been restated to reflect current fees due to a reduction in the stated, gross Management Fee for the Fund.

2The Fund has adopted a Distribution (12b-1) Plan for its SS class pursuant to which the SS class of the Fund may incur or charge a Distribution (12b-1) fee of up to a maximum amount of 0.05%. No such fee is currently incurred or charged by the SS class of the Fund. The SS class of the Fund will not incur or charge such a Distribution (12b-1) fee until such time as approved by the Fund's Board of Trustees (the "Trustees").

3The Adviser and certain of its affiliates on their own initiative have agreed to waive certain amounts of their respective fees and/or reimburse expenses. Total annual fund operating expenses (excluding acquired fund fees and expenses, interest expense, extraordinary expenses, line of credit expenses and proxy-related expenses paid by the Fund, if any) paid by the Fund's A, IS, SS and R6 classes (after the voluntary waivers and/or reimbursements) will not exceed 0.70%, 0.25%, 0.35% and 0.23% (the "Fee Limit"), respectively, up to but not including the later of (the "Termination Date"): (a) October 1, 2018; or (b) the date of the Fund's next effective Prospectus. While the Adviser and its affiliates currently do not anticipate terminating or increasing these arrangements prior to the Termination Date, these arrangements may only be terminated or the Fee Limit increased prior to the Termination Date with the agreement of the Trustees.

Example

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. 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:

Share Class 1 Year 3 Years 5 Years 10 Years
A $299 $509 $736 $1,389
IS $49 $154 $269 $604
SS $76 $237 $411 $918
R6 $45 $141 $246 $555
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Risk/Return: rr_RiskReturnAbstract  
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Prospectus Date rr_ProspectusDate Sep. 30, 2017
Supplement [Text Block] finst1_SupplementTextBlock
Federated Government Ultrashort Duration Fund

A Portfolio of Federated Institutional Trust

CLASS A SHARES (TICKER FGUAX)
INSTITUTIONAL SHARES (TICKER FGUSX)
SERVICE SHARES (TICKER FEUSX)
CLASS R6 SHARES (TICKER FGULX)

SUPPLEMENT TO PROSPECTUS DATED SEPTEMBER 30, 2017

The Board of Trustees of Federated Government Ultrashort Duration Fund (the "Fund") has approved a reduction in the Fund's management fee from 0.35% to 0.30% of the Fund's average daily net assets effective June 28, 2018.

1. Under the section entitled "RISK/RETURN SUMMARY: FEES AND EXPENSES," please replace the "Fee Table" and "Example" in their entirety with the following:

This table describes the fees and expenses that you may pay if you buy and hold Class A Shares (A), Institutional Shares (IS), Service Shares (SS) or Class R6 Shares (R6) 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 $50,000 in certain classes of Federated funds. More information about these and other discounts is available from your financial professional, in the "What Do Shares Cost?" section of the Prospectus on page 10 and in "Appendix B" to this Prospectus. If you purchase the Fund's IS, SS or R6 Shares through a broker acting as an agent on behalf of its customers, you may be required to pay a commission to such broker; such commissions, if any are not reflected in the Example below.

Shareholder Fees (fees paid directly from your investment)
A IS SS R6
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 2.00% None None None
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, as applicable) None None None None
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (and other Distributions) (as a percentage of offering price) None None None None
Redemption Fee (as a percentage of amount redeemed, if applicable) None None None None
Exchange Fee None None None None
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fee1 0.30% 0.30% 0.30% 0.30%
Distribution (12b-1) Fee 0.25% None 0.00%2 None
Other Expenses 0.44% 0.18% 0.44% 0.14%
Total Annual Fund Operating Expenses1 0.99% 0.48% 0.74% 0.44%
Fee Waivers and/or Expense Reimbursements1,3 (0.28)% (0.22)% (0.38)% (0.20)%
Total Annual Fund Operating Expenses After Fee Waivers and/or
Expense Reimbursements
0.71% 0.26% 0.36% 0.24%

1The Management Fee, Total Annual Fund Operating Expenses and Fee Waivers and/or Expense Reimbursements have been restated to reflect current fees due to a reduction in the stated, gross Management Fee for the Fund.

2The Fund has adopted a Distribution (12b-1) Plan for its SS class pursuant to which the SS class of the Fund may incur or charge a Distribution (12b-1) fee of up to a maximum amount of 0.05%. No such fee is currently incurred or charged by the SS class of the Fund. The SS class of the Fund will not incur or charge such a Distribution (12b-1) fee until such time as approved by the Fund's Board of Trustees (the "Trustees").

3The Adviser and certain of its affiliates on their own initiative have agreed to waive certain amounts of their respective fees and/or reimburse expenses. Total annual fund operating expenses (excluding acquired fund fees and expenses, interest expense, extraordinary expenses, line of credit expenses and proxy-related expenses paid by the Fund, if any) paid by the Fund's A, IS, SS and R6 classes (after the voluntary waivers and/or reimbursements) will not exceed 0.70%, 0.25%, 0.35% and 0.23% (the "Fee Limit"), respectively, up to but not including the later of (the "Termination Date"): (a) October 1, 2018; or (b) the date of the Fund's next effective Prospectus. While the Adviser and its affiliates currently do not anticipate terminating or increasing these arrangements prior to the Termination Date, these arrangements may only be terminated or the Fee Limit increased prior to the Termination Date with the agreement of the Trustees.

Example

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. 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:

Share Class 1 Year 3 Years 5 Years 10 Years
A $299 $509 $736 $1,389
IS $49 $154 $269 $604
SS $76 $237 $411 $918
R6 $45 $141 $246 $555
Federated Government Ultrashort Duration Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] finst1_SupplementTextBlock
Federated Government Ultrashort Duration Fund

A Portfolio of Federated Institutional Trust

CLASS A SHARES (TICKER FGUAX)
INSTITUTIONAL SHARES (TICKER FGUSX)
SERVICE SHARES (TICKER FEUSX)
CLASS R6 SHARES (TICKER FGULX)

SUPPLEMENT TO PROSPECTUS DATED SEPTEMBER 30, 2017

The Board of Trustees of Federated Government Ultrashort Duration Fund (the "Fund") has approved a reduction in the Fund's management fee from 0.35% to 0.30% of the Fund's average daily net assets effective June 28, 2018.

1. Under the section entitled "RISK/RETURN SUMMARY: FEES AND EXPENSES," please replace the "Fee Table" and "Example" in their entirety with the following:

This table describes the fees and expenses that you may pay if you buy and hold Class A Shares (A), Institutional Shares (IS), Service Shares (SS) or Class R6 Shares (R6) 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 $50,000 in certain classes of Federated funds. More information about these and other discounts is available from your financial professional, in the "What Do Shares Cost?" section of the Prospectus on page 10 and in "Appendix B" to this Prospectus. If you purchase the Fund's IS, SS or R6 Shares through a broker acting as an agent on behalf of its customers, you may be required to pay a commission to such broker; such commissions, if any are not reflected in the Example below.

Shareholder Fees (fees paid directly from your investment)
A IS SS R6
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 2.00% None None None
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, as applicable) None None None None
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (and other Distributions) (as a percentage of offering price) None None None None
Redemption Fee (as a percentage of amount redeemed, if applicable) None None None None
Exchange Fee None None None None
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fee1 0.30% 0.30% 0.30% 0.30%
Distribution (12b-1) Fee 0.25% None 0.00%2 None
Other Expenses 0.44% 0.18% 0.44% 0.14%
Total Annual Fund Operating Expenses1 0.99% 0.48% 0.74% 0.44%
Fee Waivers and/or Expense Reimbursements1,3 (0.28)% (0.22)% (0.38)% (0.20)%
Total Annual Fund Operating Expenses After Fee Waivers and/or
Expense Reimbursements
0.71% 0.26% 0.36% 0.24%

1The Management Fee, Total Annual Fund Operating Expenses and Fee Waivers and/or Expense Reimbursements have been restated to reflect current fees due to a reduction in the stated, gross Management Fee for the Fund.

2The Fund has adopted a Distribution (12b-1) Plan for its SS class pursuant to which the SS class of the Fund may incur or charge a Distribution (12b-1) fee of up to a maximum amount of 0.05%. No such fee is currently incurred or charged by the SS class of the Fund. The SS class of the Fund will not incur or charge such a Distribution (12b-1) fee until such time as approved by the Fund's Board of Trustees (the "Trustees").

3The Adviser and certain of its affiliates on their own initiative have agreed to waive certain amounts of their respective fees and/or reimburse expenses. Total annual fund operating expenses (excluding acquired fund fees and expenses, interest expense, extraordinary expenses, line of credit expenses and proxy-related expenses paid by the Fund, if any) paid by the Fund's A, IS, SS and R6 classes (after the voluntary waivers and/or reimbursements) will not exceed 0.70%, 0.25%, 0.35% and 0.23% (the "Fee Limit"), respectively, up to but not including the later of (the "Termination Date"): (a) October 1, 2018; or (b) the date of the Fund's next effective Prospectus. While the Adviser and its affiliates currently do not anticipate terminating or increasing these arrangements prior to the Termination Date, these arrangements may only be terminated or the Fee Limit increased prior to the Termination Date with the agreement of the Trustees.

Example

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. 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:

Share Class 1 Year 3 Years 5 Years 10 Years
A $299 $509 $736 $1,389
IS $49 $154 $269 $604
SS $76 $237 $411 $918
R6 $45 $141 $246 $555
XML 11 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FEDERATED INSTITUTIONAL TRUST
Prospectus Date rr_ProspectusDate Sep. 30, 2017
Document Creation Date dei_DocumentCreationDate Jun. 28, 2018
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