SUPPLEMENT TO THE
SPARTAN FLORIDA
MUNICIPAL FUNDS
PROSPECTUS
DATED JANUARY 14, 1994
The following information
replaces the corresponding
sections with respect to
Spartan Florida Municipal
Income Portfolio under the
heading "Expenses" on page 5.
SPARTAN FLORIDA INCOME
Management fee (after
reimbursement) 0.55%
12b-1 fee None
Other expenses 0.00 %
Total fund operating expenses 0.55
%
SPARTAN FLORIDA INCOME
Account open
Account closed
After 1 year $ 6 $ 11
After 3 years $ 18 $ 23
After 5 years $ 31 $ 36
After 10 years $ 69 $ 74
FMR has voluntarily agreed to
temporarily limit Spartan Florida
Municipal Money Market's
operating expenses to .40% of
its average net assets. If this
agreement were not in effect,
the management fee, other
expenses, and total operating
expenses would be .50%, .00%,
and .50%. Expenses eligible for
reimbursement do not include
interest, taxes, brokerage
commissions, or extraordinary
expenses.
SUPPLEMENT TO THE
SPARTAN FLORIDA
MUNICIPAL FUNDS
PROSPECTUS
DATED JANUARY 14, 1994
The following information
replaces the corresponding
sections with respect to
Spartan Florida Municipal
Income Portfolio under the
heading "Expenses" on page 5.
SPARTAN FLORIDA INCOME
Management fee (after
reimbursement) 0.55%
12b-1 fee None
Other expenses 0.00 %
Total fund operating expenses 0.55
%
SPARTAN FLORIDA INCOME
Account open
Account closed
After 1 year $ 6 $ 11
After 3 years $ 18 $ 23
After 5 years $ 31 $ 36
After 10 years $ 69 $ 74
FMR has voluntarily agreed to
temporarily limit Spartan Florida
Municipal Money Market's
operating expenses to .40% of
its average net assets. If this
agreement were not in effect,
the management fee, other
expenses, and total operating
expenses would be .50%, .00%,
and .50%. Expenses eligible for
reimbursement do not include
interest, taxes, brokerage
commissions, or extraordinary
expenses.
SFC-94-2 March 1, 1994
SFC-94-2 March 1, 1994
