Item 1. To elect three (3) Class III Trustees to be elected by the holders of common shares;
Item 2. To consider the termination of the Investment Management Agreement between FTT and Federated Investment Management Company ("FIMC" or the "Adviser"); and
To transact such other business as may properly come before the Meeting or any adjournment or postponement thereof.

Name: Ronald Mass, CFA
Age: 49
Business address: 4640 Admiralty Way, Suite 500, Marina del Rey, California 90292
Residence address: 341 Alma Real Drive, Pacific Palisades, California 90272
Nationality: U.S. Citizen
# and class of shares owned: None
Date of acquisitions (if applicable) & intent of purchase: N/A
Professional Experience: Ronald Mass is the founder, Managing Principal, and Chief Investment Officer of Almitas Capital. He was a senior portfolio manager for over 20 years at Western Asset Management, an institutional fixed income manager with over $450 billion in assets under management, and led the Asset Backed Securities (ABS) and Mortgage Backed Securities (MBS) portfolio management teams. Mr. Mass chaired the Leveraged Products Committee, was a senior member of the Broad Market Strategy and Risk Management Committees, and was responsible for management of over $100 billion in assets. He initiated the launch and management of the Western Asset Mortgage Capital (WMC) REIT, numerous closed and open-end mutual funds, CDO and CLO products, and customized client portfolios. Additional responsibilities included management of Convertible Bonds, Preferred Stock, Aircraft Equipment Financing, and Secured Corporate Bonds. Prior to joining Western Asset, Mr. Mass was a Research Associate at Credit Suisse First Boston. He graduated Magna Cum Laude and Phi Beta Kappa from the University of California, Los Angeles with a Bachelors Degree in Economics and Business. Mr. Mass is a CFA Charterholder and a member of the CFA Institute. He currently serves as a board member of Woodside Homes, a leading West Coast homebuilder, is a guest lecturer at the UCLA Anderson School of Management and CFA Society of Los Angeles, and is a frequent speaker at industry events. We believe that his extensive investment and closed-end fund experience make him an ideal nominee for the Fund's Board.

1. FTT's Board has given FIMC a number of chances to improve the performance of the Fund. Unfortunately, none of them have worked.

		1 Yr.		3 Yr.		Inception (1/29/10 - 5/29/15)
FTT Net Asset Value Total Return (Annualized)		-1.87%		-0.24%		-0.80%
Benchmark (Barclays U.S. Aggregate Total Treasury Index)		3.08%		1.07%		3.54%
Annualized Underperformance		-4.95%		-1.31%		-4.34%

Source: Bloomberg Finance, L.P.
Logically, the next step is to terminate FIMC as the Fund's Investment Manager. This doesn't appear to be a step that the Trustees are willing to take. This lack of independence illustrates clearly why shareholders deserve new representation on FTT's Board.

2. FTT's Trustees already know that shareholders have lost faith in them. This is evidenced clearly by last year's voting results, where over 54% of the votes submitted withheld authority for FTT's 2014 nominees.

Nominee		For		% of shares voted		Withheld Authority to Vote		% of shares voted
Maureen Lally-Green		3,698,074		45.90%		4,357,149		54.10%
P. Jerome Richey		3,697,521		45.90%		4,357,702		54.10%
John T. Collins		3,697,521		45.90%		4,357,702		54.10%
John W. McGonigle		3,698,974		45.90%		4,356,249		54.10%

Source: FTT Annual Shareholder Report for the Fiscal Year Ended November 30, 2014.
However, because the Fund has what is referred to as a "plurality" vote standard, last year's trustees seeking election were able to keep their positions.
3. This year's nominees for the Fund are J. Christopher Donohue, Peter E. Madden, and Charles F. Mansfield, Jr. Following are some important facts about these nominees from last year's FTT proxy statement:
* Each nominee sits on the Board for 135 portfolios within the Federated complex.
* Mr. Madden is paid $310,000 by Federated for his "services."
* Mr. Mansfield is paid $247,500 by Federated for his "services."
* Although Mr. Donohue is not "paid" from the fund complex for his "services," he is an interested Trustee who is paid an undisclosed amount by Federated for his various roles within Federated and certain of its affiliated companies.

4. Despite perpetual underperformance, according to the Fund's Annual Statement for the period ending November 30, 2014 (the "Report"), each of the Fund's nominees voted to continue with the Fund's agreement with FIMC. In fact, on Page 30 of the Report, it was noted that: "the Board's decision to approve the contract reflects its determination that Federated's performance and actions provided a satisfactory basis to support the decision to continue the existing arrangements."

Item 1.	Election of Trustees - Class III, to serve until 2018 or until their successor has been duly elected and qualified.

	[ ]	FOR ALL Nominees

		[ ]	FOR Arthur Charles Regan
		[ ]	FOR Dr. Daniel Robeson
		[ ]	FOR Ronald Mass, CFA

	[ ]	WITHHOLD AUTHORITY

	[ ]	FOR ALL EXCEPT

	To withhold authority to vote for certain nominees only, mark "For All Except" and write each such
	excepted nominee's name on the line below:

	_________________________________________________________


Item 2.	To terminate the Investment Management Agreement between the Federated Enhanced
Treasury Income Fund (the "Fund") and Federated Investment Management Company ("FIMC" or the "Adviser)

	FOR                   	AGAINST		ABSTAIN
	[ ]				[ ]				[ ]




To vote and otherwise represent the undersigned on any other matter that may properly come 
before the Annual Meeting or any postponements or adjournments thereof.

	FOR                   	AGAINST		ABSTAIN
	[ ]				[ ]				[ ]






Signature of Stockholder:___________________________________	Signature of Stockholder:_______________________________________


Date:		   ___________________________________ Date:______________________________________________________