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>                     030
     <NAME>                       Federated Michigan Intermediate Municipal Trust

<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 Aug-31-2000
<PERIOD-END>                      Aug-31-2000
<INVESTMENTS-AT-COST>             85,836,147
<INVESTMENTS-AT-VALUE>            88,000,133
<RECEIVABLES>                     3,574,049
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              48,220
<TOTAL-ASSETS>                    91,622,402
<PAYABLE-FOR-SECURITIES>          2,037,860
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         407,668
<TOTAL-LIABILITIES>               2,445,528
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          88,608,878
<SHARES-COMMON-STOCK>             8,384,240
<SHARES-COMMON-PRIOR>             7,013,942
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           (1,595,990)
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          2,163,986
<NET-ASSETS>                      89,176,874
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 4,396,146
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (397,473)
<NET-INVESTMENT-INCOME>           3,998,673
<REALIZED-GAINS-CURRENT>          (574,805)
<APPREC-INCREASE-CURRENT>         941,377
<NET-CHANGE-FROM-OPS>             4,365,245
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (3,998,673)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           3,176,401
<NUMBER-OF-SHARES-REDEEMED>       (1,887,175)
<SHARES-REINVESTED>               81,072
<NET-CHANGE-IN-ASSETS>            14,666,991
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         (1,021,185)
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             315,205
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   804,393
<AVERAGE-NET-ASSETS>              78,802,153
<PER-SHARE-NAV-BEGIN>             10.620
<PER-SHARE-NII>                   0.530
<PER-SHARE-GAIN-APPREC>           0.020
<PER-SHARE-DIVIDEND>              (0.530)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               10.640
<EXPENSE-RATIO>                   0.50
[AVG-DEBT-OUTSTANDING]            0
[AVG-DEBT-PER-SHARE]              0.000



</TABLE>


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