FEDERATED MUNICIPAL SECURITIES INCOME TRUST registered 1 new fund series on Form 485APOS, filed 2006-04-24. Featured series: Federated Municipal High Yield Advantage Fund.
| Series | Class | Ticker | New |
|---|---|---|---|
| Federated Municipal High Yield Advantage Fund | Class A Shares | FMOAX | Yes |
| Federated Municipal High Yield Advantage Fund | Class B Shares | — | Yes |
| Federated Municipal High Yield Advantage Fund | Class C Shares | FMNCX | Yes |
| Federated Municipal High Yield Advantage Fund | Class F Shares | FHTFX | Yes |
The Funds investment objective is to provide a high level of current income which is generally exempt from the federal regular income tax. The Fund will invest its assets so that at least 80% of the income that it distributes will be exempt from federal regular income tax, except when investing for defensive purposes.