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Federated Investors Inc (FII) SEC Filing 10-Q Quarterly report for the period ending Sunday, March 31, 2019

Federated Investors Inc

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CIK: 1056288 Ticker: FII
Exhibit 99.1

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Federated Investors, Inc. Reports First Quarter 2019 Earnings
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Q1 2019 EPS of $0.54
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Managed assets reach a record $484.9 billion
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Board declares $0.27 per share quarterly dividend
(PITTSBURGH, Pa., April 25, 2019) — Federated Investors, Inc. (NYSE: FII), one of the world's largest investment managers, today reported earnings per diluted share (EPS) of $0.54 for Q1 2019, compared to $0.60 for the same quarter last year on net income of $54.5 million for Q1 2019 compared to $60.3 million for Q1 2018.
Federated's total managed assets were a record $484.9 billion at March 31, 2019, up $92.7 billion or 24% from $392.2 billion at March 31, 2018 and up $25.0 billion or 5% from $459.9 billion at Dec. 31, 2018. Total average managed assets for Q1 2019 were $475.4 billion, up $77.4 billion or 19% from $398.0 billion reported for Q1 2018 and up $31.7 billion or 7% from $443.7 billion reported for Q4 2018. The results in this press release include activity of Hermes Fund Managers Limited (Hermes), beginning July 1, 2018.
"Liquidity management products saw strong flows in the first quarter, as Federated's money market funds offered the potential for higher yields than deposit accounts," said J. Christopher Donahue, president and chief executive officer. "Assets in our prime, government and tax-free money market funds were up from the previous quarter, and investors turned to Federated for liquidity management solutions that provide diligent credit analysis, broad diversification and competitive yields."
Federated's board of directors declared a quarterly dividend of $0.27 per share. The dividend is payable on May 15, 2019 to shareholders of record as of May 8, 2019. During Q1 2019, Federated purchased 60,833 shares of Federated class B common stock for $1.5 million.
Federated's equity assets were $80.2 billion at March 31, 2019, up $21.4 billion or 36% from $58.8 billion at March 31, 2018 and up $7.7 billion or 11% from $72.5 billion at Dec. 31, 2018. Top-selling equity funds during Q1 2019 on a net basis were Federated Kaufmann Small Cap Fund, Hermes Global Emerging Markets Fund, Federated MDT Small Cap Growth Fund, Federated MDT Small Cap Core Fund and Federated MDT Mid Cap Growth Fund.
Federated's fixed-income assets were $64.1 billion at March 31, 2019, up $1.9 billion or 3% from $62.2 billion at March 31, 2018 and up $0.9 billion or 1% from $63.2 billion at Dec. 31, 2018. Top-selling fixed-income funds during Q1 2019 on a net basis included Federated Total Return Bond Fund, Federated Municipal Ultrashort Fund, Federated U.S. Government Securities Fund: 1-3 Years, Federated Sterling Cash Plus Fund and Federated Mortgage Fund.
Money market assets were $318.4 billion at March 31, 2019, up $52.5 billion or 20% from $265.9 billion at March 31, 2018 and up $16.6 billion or 6% from $301.8 billion at Dec. 31, 2018. Money market fund assets were $214.8 billion at March 31, 2019, up $32.4 billion or 18% from $182.4 billion at March 31, 2018 and up $6.3 billion or 3% from $208.5 billion at Dec. 31, 2018. Federated's money market separate account assets were $103.6 billion at March 31, 2019, up $20.1 billion or 24% from $83.5 billion at March 31, 2018 and up $10.3 billion or 11% from $93.3 billion at Dec. 31, 2018.

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ANALYSTS:
Ed Costello 412-288-7538
Meghan McAndrew 412-288-8103
Ray Hanley 412-288-1920
The following information was filed by Federated Investors Inc (FII) on Friday, April 26, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Changes In Equity
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Income
Accumulated Other Comprehensive Income (Loss) Attributable To Federated Investors, Inc. Shareholders
Accumulated Other Comprehensive Income (Loss) Attributable To Federated Investors, Inc. Shareholders (Details)
Accumulated Other Comprehensive Income (Loss) Attributable To Federated Investors, Inc. Shareholders (Tables)
Basis Of Presentation
Business Combinations
Business Combinations (Tables)
Business Combinations - Narrative (Details)
Business Combinations - Summary Of Allocation Preliminary Purchase Price (Details)
Business Combinations - Summary Of Unaudited Pro Forma Financial Information (Details)
Commitments And Contingencies
Concentration Risk
Concentration Risk (Tables)
Concentration Risk - Narrative (Details)
Concentration Risk - Schedule Of Revenue Concentration (Details)
Concentration Risk - Schedule Of Revenue Concentration By Investment Strategy/Fund (Details)
Consolidation
Consolidation (Tables)
Consolidation - Consolidated Federated Fund Vies (Details)
Consolidation - Narrative (Details)
Debt
Debt (Details)
Derivatives
Derivatives (Details)
Earnings Per Share Attributable To Federated Investors, Inc. Shareholders
Earnings Per Share Attributable To Federated Investors, Inc. Shareholders (Details)
Earnings Per Share Attributable To Federated Investors, Inc. Shareholders (Tables)
Equity
Equity (Tables)
Equity - Activity For Class B Common Stock And Treasury Stock (Details)
Equity - Narrative (Details)
Fair Value Measurements
Fair Value Measurements (Tables)
Fair Value Measurements - Classes Of Financial Assets And Liabilities Measured At Fair Value On Recurring Basis (Details)
Fair Value Measurements - Narrative (Details)
Investments
Investments (Tables)
Investments - Gains And Losses Recognized In Gain (Loss) On Securities, Net (Details)
Investments - Narrative (Details)
Leases
Leases (Tables)
Leases - Narrative (Details)
Leases - Other Information Related To Operating Leases (Details)
Leases - Reconciliation Of Future Minimum Undiscounted Payments To Operating Lease Liabilities (Details)
Recent Accounting Pronouncements
Recent Accounting Pronouncements (Details)
Revenue From Contracts With Customers
Revenue From Contracts With Customers (Tables)
Revenue From Contracts With Customers - Disaggregation Of Revenue By Asset Class (Details)
Revenue From Contracts With Customers - Disaggregation Of Revenue By Geographic Market (Details)
Revenue From Contracts With Customers - Disaggregation Of Revenue By Performance Obligation (Details)
Revenue From Contracts With Customers - Disaggregation Of Revenue By Product Type (Details)
Revenue From Contracts With Customers - Future Fixed Revenue From Stewardship Services (Details)
Revenue From Contracts With Customers - Narrative (Details)
Share-Based Compensation Plans
Share-Based Compensation Plans (Details)
Significant Accounting Policies
Significant Accounting Policies (Policies)
Subsequent Events
Subsequent Events (Details)
Ticker: FII
CIK: 1056288
Form Type: 10-Q Quarterly Report
Accession Number: 0001056288-19-000010
Submitted to the SEC: Wed May 01 2019 4:24:05 PM EST
Accepted by the SEC: Wed May 01 2019
Period: Sunday, March 31, 2019
Industry: Investment Advice

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