Federated Investors, Inc. announced the launch of Federated Global Strategic Value Dividend Fund, a global equity mutual fund that invests primarily in high dividend-paying common stocks with dividend growth potential in the U.S. and across the globe. The fund generally invests in large-cap or mid-cap stocks and may also hold American Depository Receipts and real estate investment trusts. Federated Global Strategic Value Dividend Fund is the newest offering in the $37 billion Strategic Value Dividend suite of products, which includes the $14 billion Federated Strategic Value Dividend Fund, the $801 million Federated International Strategic Value Dividend Fund and an array of institutional separate accounts and managed accounts. The team has managed a similar managed account offering for more than five years. The portfolio management team brings more than 70 years' combined investment experience and has extensive experience identifying, analyzing and selecting consistent dividend-paying holdings. Federated Global Strategic Value Dividend Fund, which uses MSCI World High Dividend Yield Index as its benchmark, expects to pay monthly dividends. It is marketed in A, C, IS and R6 share classes.