-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, rckKfmnOgW4wM4TZGukAhL7SSPQEnLLKVccy87Zl2/xrcYiKK+pOzR1ZWqiqc6xE +MDYW2ZaN6o5gnZMpss+og== 0000855108-94-000017.txt : 19940616 0000855108-94-000017.hdr.sgml : 19940616 ACCESSION NUMBER: 0000855108-94-000017 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19940615 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FEDERATED MUNICIPAL TRUST CENTRAL INDEX KEY: 0000855108 STANDARD INDUSTRIAL CLASSIFICATION: STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-31259 FILM NUMBER: 94534312 BUSINESS ADDRESS: STREET 1: FEDERATED INVESTORS TOWER CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 4122887496 497 1 FORM DOCUMENT NEW JERSEY MUNICIPAL CASH TRUST INSTITUTIONAL SHARES INSTITUTIONAL SERVICE SHARES (A Portfolio of Federated Municipal Trust) - -------------------------------------------------------------------------------- SUPPLEMENT TO COMBINED STATEMENT OF ADDITIONAL INFORMATION DATED DECEMBER 31, 1993 Please delete the tables entitled "Taxable Yield Equivalent for 1993, State of New Jersey" on page 13 and replace with the following: TAXABLE YIELD EQUIVALENT FOR 1994 STATE OF NEW JERSEY SINGLE RETURN -------------------------------------------------------------------------------------------------------------------- TAX BRACKET: FEDERAL: 15.00% 28.00% 31.00% 36.00% 39.60% COMBINED FEDERAL AND STATE: 17.38% 34.18% 37.65% 42.65% 46.25% -------------------------------------------------------------------------------------------------------------------- SINGLE RETURN: $1-22,750 $22,751-55,100 $55,101-115,000 $115,001-250,000 Over $250,000 -------------------------------------------------------------------------------------------------------------------- TAX-EXEMPT YIELD TAXABLE YIELD EQUIVALENT -------------------------------------------------------------------------------------------------------------------- 1.50% 1.82% 2.28% 2.41% 2.62% 2.79% 2.00 2.42 3.04 3.21 3.49 3.72 2.50 3.03 3.80 4.01 4.36 4.65 3.00 3.63 4.56 4.81 5.23 5.58 3.50 4.24 5.32 5.61 6.10 6.51 4.00 4.84 6.08 6.42 6.97 7.44 4.50 5.45 6.84 7.22 7.85 8.37 5.00 6.05 7.60 8.02 8.72 9.30 5.50 6.66 8.36 8.82 9.59 10.23 6.00 7.26 9.12 9.62 10.46 11.16
TAXABLE YIELD EQUIVALENT FOR 1994 STATE OF NEW JERSEY MARRIED FILING JOINT -------------------------------------------------------------------------------------------------------------------- TAX BRACKET: FEDERAL: 15.00% 28.00% 31.00% 36.00% 39.60% COMBINED FEDERAL AND STATE: 17.38% 34.18% 37.18% 42.65% 46.25% -------------------------------------------------------------------------------------------------------------------- JOINT RETURN: $1-38,000 $38,001-91,850 $91,851-140,000 $140,001-250,000 Over $250,000 -------------------------------------------------------------------------------------------------------------------- TAX-EXEMPT YIELD TAXABLE YIELD EQUIVALENT -------------------------------------------------------------------------------------------------------------------- 1.50% 1.82% 2.28% 2.39% 2.62% 2.79% 2.00 2.42 3.04 3.18 3.49 3.72 2.50 3.03 3.80 3.98 4.36 4.65 3.00 3.63 4.56 4.78 5.23 5.58 3.50 4.24 5.32 5.57 6.10 6.51 4.00 4.84 6.08 6.37 6.97 7.44 4.50 5.45 6.84 7.16 7.85 8.37 5.00 6.05 7.60 7.96 8.72 9.30 5.50 6.66 8.36 8.75 9.59 10.23 6.00 7.26 9.12 9.55 10.46 11.16
Note: For each chart, the maximum marginal tax rate for each bracket was used in calculating the taxable yield equivalent. Furthermore, additional state and local taxes paid on comparable taxable investments were not used to increase federal deductions. June 15, 1994 FEDERATED SECURITIES CORP. (LOGO) - -------------------------------------------------------------------------------- Distributor G00206-01-SS (6/94) -----END PRIVACY-ENHANCED MESSAGE-----