FEDERATED MUNICIPAL SECURITIES FUND INC
NSAR-A, EX-27, 2000-11-29
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000201801
<NAME>                            Federated Municpal Securities Fund, Inc.
<SERIES>
     <NUMBER>                     001
     <NAME>                       Federated Municpal Securities Fund, Inc.-Class A

<S>                               <C>
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<PERIOD-END>                      Sep-30-2000
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<EXPENSE-RATIO>                   0.89
[AVG-DEBT-OUTSTANDING]            0
[AVG-DEBT-PER-SHARE]              0.000



</TABLE>


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