Federated Municipal High Yield Advantage Fund — new fund registration

FEDERATED MUNICIPAL SECURITIES INCOME TRUST registered fund series on Form 485APOS, filed 2007-08-21. Featured series: Federated Municipal High Yield Advantage Fund.

Registration

Series & classes (4)

SeriesClassTickerNew
Federated Municipal High Yield Advantage FundClass A SharesFMOAX
Federated Municipal High Yield Advantage FundClass B Shares
Federated Municipal High Yield Advantage FundClass C SharesFMNCX
Federated Municipal High Yield Advantage FundClass F SharesFHTFX

Fees (from the effective prospectus)

Investment objective

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.

Advisers

Other filings by this registrant (5)

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