FEDERATED COMPLEX FUNDS
Supplement to Prospectuses
Please be advised that effective March 31, 1999, Federated Management, adviser
to the below-listed funds, merged into Federated Investment Management Company
(formerly Federated Advisers). Federated Investment Management Company is a
registered investment adviser with its principal offices at Federated Investors
Tower, 1001 Liberty Avenue, Pittsburgh, Pennsylvania 15222-3779. Accordingly,
all references to Federated Management should be replaced with references to
Federated Investment Management Company.
Federated ARMS Fund New York Municipal Cash Trust
Federated Equity Funds North Carolina Municipal Cash Trust
Federated Aggressive Growth Fund Ohio Municipal Cash Trust
Federated Capital Appreciation Fund Pennsylvania Municipal Cash Trust
Federated Growth Strategies Fund Tennessee Municipal Cash Trust
Federated Large Cap Growth Fund Virginia Municipal Cash Trust
Federated Small Cap Strategies Fund Federated Short-Term Municipal Trust
Federated Government Trust Federated Stock and Bond Fund, Inc.
Automated Government Cash Reserves Federated Stock Trust
Automated Treasury Cash Reserves Federated Total Return Series, Inc.
U.S. Treasury Cash Reserves Federated Limited Duration Fund
Federated High Yield Trust Federated Mortgage Fund
Federated Income Securities Trust Federated Total Return Bond Fund
Federated Intermediate Income Fund Federated Ultrashort Bond Fund
Federated Short-Term Income Fund Federated U.S. Government Bond Fund
Federated Index Trust Federated U.S. Government Securities
Federated Max-Cap Fund Fund: 1-3 Years
Federated Mid-Cap Fund Federated U.S. Government Securities
Federated Mini-Cap Fund Fund: 5-10 Years
Federated Institutional Trust Intermediate Municipal Trust
Federated Institutional Short Duration
Federated Intermediate Municipal Trust
Government Fund Managed Series Trust
Federated Municipal Trust Federated Managed Aggressive Growth Fund
Alabama Municipal Cash Trust Federated Managed Growth Fund
Arizona Municipal Cash Trust Federated Managed Growth and Income Fund
California Municipal Cash Trust Federated Managed Income Fund
Connecticut Municipal Cash Trust Money Market Obligations Trust
Florida Municipal Cash Trust Automated Cash Management Trust
Georgia Municipal Cash Trust Government Obligations Fund
Maryland Municipal Cash Trust Prime Obligations Fund
Massachusetts Municipal Cash Trust Tax-Free Obligations Fund
Michigan Municipal Cash Trust Treasury Obligations Fund
Minnesota Municipal Cash Trust Tax-Free Instruments Trust
New Jersey Municipal Cash Trust
March 31, 1999
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Federated Investors
Federated Securities Corp., Distributor
Federated Investors, Inc.
Federated Investors Tower
1001 Liberty Avenue
Pittsburgh, PA 15222-3779
www.federatedinvestors.com
020921 (3/99)
506258
