Federated Enhanced Treasury Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objectives are to provide current income, with total return as a secondary objective. Its portfolio consists of the United States treasury securities, repurchase agreements - cash, derivative contracts for the United States treasury securities and other assets and liabilities. The Fund purchases and sells financial futures contracts to manage cash flows, and may buy or sell put and call options. The Fund's investment advisor is Federated Investment Management Company. The Fund's sub-advisor is Dix Hills Partners, LLC.