OHIO MUNICIPAL INCOME FUND -- FORTRESS SHARES
(A Portfolio of Municipal Securities Income Trust)
Supplement to Prospectus dated October 31, 1993
There will be a special offering period during which shares of
the Fund may be purchased with no sales charge. This offering
period will commence February 1, 1994 and end March 31, 1994.
The following sections in the Prospectus should be noted in
regard to this offering only for the aforementioned time period:
"Summary of Fund Expenses"; "What Shares Cost"; "Eliminating the
Sales Charge"; and "Systematic Investment Program."
January 28, 1994
FEDERATED SECURITIES CORP.
Distributor
4012106A-FS (1/94)