FEDERATED MUNICIPAL SECURITIES INCOME TRUST
NSAR-B, EX-27, 2000-10-26
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000866700
<NAME>                            Federated Municipal Securities Income Trust
<SERIES>
     <NUMBER>                     012
     <NAME>                       Federated Pennsylvania Municipal Income Fund- Class B Shares

<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 Aug-31-2000
<PERIOD-END>                      Aug-31-2000
<INVESTMENTS-AT-COST>             234,968,639
<INVESTMENTS-AT-VALUE>            234,136,797
<RECEIVABLES>                     4,330,977
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              68,408
<TOTAL-ASSETS>                    238,536,182
<PAYABLE-FOR-SECURITIES>          996,264
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         682,619
<TOTAL-LIABILITIES>               1,678,883
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          242,555,128
<SHARES-COMMON-STOCK>             3,899,506
<SHARES-COMMON-PRIOR>             4,182,883
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            (298,868)
<ACCUMULATED-NET-GAINS>           (4,567,119)
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          (831,842)
<NET-ASSETS>                      43,249,300
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 14,318,754
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (2,184,824)
<NET-INVESTMENT-INCOME>           12,133,930
<REALIZED-GAINS-CURRENT>          (3,964,121)
<APPREC-INCREASE-CURRENT>         490,102
<NET-CHANGE-FROM-OPS>             8,659,911
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (1,868,107)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           724,774
<NUMBER-OF-SHARES-REDEEMED>       (1,113,855)
<SHARES-REINVESTED>               105,704
<NET-CHANGE-IN-ASSETS>            (31,569,390)
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         (602,998)
<OVERDISTRIB-NII-PRIOR>           (636,080)
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             977,506
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   2,457,301
<AVERAGE-NET-ASSETS>              44,318,081
<PER-SHARE-NAV-BEGIN>             11.200
<PER-SHARE-NII>                   0.470
<PER-SHARE-GAIN-APPREC>           (0.120)
<PER-SHARE-DIVIDEND>              (0.460)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               11.090
<EXPENSE-RATIO>                   1.52
[AVG-DEBT-OUTSTANDING]            0
[AVG-DEBT-PER-SHARE]              0.000



</TABLE>


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