-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Wq9I+Sn/euijq2T0qfC549AQIi90Fdp0/NbRhhlPeEudkDfQ5HoU6JRWlWy9Xn/k 3D9sbtDRt2TgjKRiLP2JXg== 0000866700-08-000002.txt : 20081029 0000866700-08-000002.hdr.sgml : 20081029 20081029122855 ACCESSION NUMBER: 0000866700-08-000002 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20080831 FILED AS OF DATE: 20081029 DATE AS OF CHANGE: 20081029 EFFECTIVENESS DATE: 20081029 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FEDERATED MUNICIPAL SECURITIES INCOME TRUST CENTRAL INDEX KEY: 0000866700 IRS NUMBER: 251695291 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-06165 FILM NUMBER: 081147037 BUSINESS ADDRESS: STREET 1: 5800 CORPORATE DRIVE CITY: PITTSBURGH STATE: PA ZIP: 15237-7000 BUSINESS PHONE: 8003417400 MAIL ADDRESS: STREET 1: 5800 CORPORATE DRIVE CITY: PITTSBURGH STATE: PA ZIP: 15237-7000 FORMER COMPANY: FORMER CONFORMED NAME: MUNICIPAL SECURITIES INCOME TRUST DATE OF NAME CHANGE: 19921023 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19920703 0000866700 S000009089 Federated California Municipal Income Fund C000024697 Class A Shares FCMIX C000024698 Class B Shares CMUIX 0000866700 S000009090 Federated Michigan Intermediate Municipal Trust C000024699 Class A Shares MMIFX 0000866700 S000009091 Federated New York Municipal Income Fund C000024700 Class A Shares NYIFX C000024701 Class B Shares NYIBX 0000866700 S000009092 Federated North Carolina Municipal Income Fund C000024702 Class A Shares NCIFX 0000866700 S000009093 Federated Ohio Municipal Income Fund C000024703 Class F Shares OMIFX 0000866700 S000009094 Federated Pennsylvania Municipal Income Fund C000024704 Class A Shares PAMFX C000024705 Class B Shares FPABX 0000866700 S000012747 Federated Municipal High Yield Advantage Fund C000034361 Class A Shares C000034362 Class B Shares C000034363 Class C Shares C000034364 Class F Shares NSAR-B 1 answer.fil PAGE 1 000 B000000 08/31/2008 000 C000000 0000866700 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 FEDERATED MUNICIPAL SECURITIES INCOME TRUST 001 B000000 811-6165 001 C000000 4122881581 002 A000000 5800 CORPORATE DRIVE 002 B000000 PITTSBURGH 002 C000000 PA 002 D010000 15237 002 D020000 7000 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 7 007 C010100 1 007 C020100 FEDERATED PENNSYLVANIA MUNICIPAL INCOME FUND 007 C030100 N 007 C010200 2 007 C020200 FEDERATED OHIO MUNICIPAL INCOME FUND 007 C030200 N 007 C010300 3 007 C020300 FEDERATED MICHIGAN INTERMEDIATE MUNICIPAL TR 007 C030300 N 007 C010400 4 007 C020400 FEDERATED CALIFORNIA MUNICIPAL INCOME FUND 007 C030400 N 007 C010500 5 007 C020500 FEDERATED NEW YORK MUNICIPAL INCOME FUND 007 C030500 N 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 007 C011100 11 007 C021100 FEDERATED NORTH CAROLINA MUNICIPAL INCOME FND 007 C031100 N 007 C011200 12 007 C011300 13 007 C021300 FEDERATED MUNI HIGH YIELD ADVANTAGE FUND 007 C031300 N 007 C011400 14 PAGE 2 007 C011500 15 007 C011600 16 007 C011700 17 007 C011800 18 007 C011900 19 007 C012000 20 007 C012100 21 007 C012200 22 007 C012300 23 007 C012400 24 007 C012500 25 007 C012600 26 007 C012700 27 007 C012800 28 007 C012900 29 007 C013000 30 007 C013100 31 007 C013200 32 007 C013300 33 007 C013400 34 007 C013500 35 007 C013600 36 007 C013700 37 007 C013800 38 007 C013900 39 007 C014000 40 008 A00AA01 FEDERATED INVESTMENT MANAGEMENT COMPANY 008 B00AA01 A 008 C00AA01 801-34612 008 D01AA01 PITTSBURGH 008 D02AA01 PA 008 D03AA01 15222 008 D04AA01 3779 010 A00AA01 FEDERATED ADMINISTRATIVE SERVICES 010 C01AA01 PITTSBURGH 010 C02AA01 PA 010 C03AA01 15222 010 C04AA01 3779 011 A00AA01 FEDERATED SECURITIES CORP. 011 B00AA01 8-15561 011 C01AA01 PITTSBURGH 011 C02AA01 PA 011 C03AA01 15222 011 C04AA01 3779 012 A00AA01 STATE STREET BANK AND TRUST COMPANY 012 B00AA01 84-1869 012 C01AA01 BOSTON 012 C02AA01 MA 012 C03AA01 02266 012 C04AA01 8600 013 A00AA01 KPMG LLP PAGE 3 013 B01AA01 BOSTON 013 B02AA01 MA 013 B03AA01 02110 014 A00AA01 FEDERATED SECURITIES CORP. 014 B00AA01 8-15561 014 A00AA02 EDGEWOOD SERVICES 014 B00AA02 8-46985 015 A00AA01 STATE STREET BANK AND TRUST COMPANY 015 B00AA01 C 015 C01AA01 BOSTON 015 C02AA01 MA 015 C03AA01 02266 015 C04AA01 8600 015 E01AA01 X 015 A00AA02 BANK OF AMERICA 015 B00AA02 S 015 C01AA02 CHARLOTTE 015 C02AA02 NC 015 C03AA02 28255 015 E01AA02 X 015 A00AA03 J.P. 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PAUL INS 080 C00AA00 50000 081 A00AA00 Y 081 B00AA00 139 082 A00AA00 N 082 B00AA00 0 083 A00AA00 N 083 B00AA00 0 084 A00AA00 N 084 B00AA00 0 085 A00AA00 Y 085 B00AA00 N 086 A010000 0 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 028 A010100 5567 028 A020100 596 028 A030100 0 028 A040100 5120 028 B010100 3983 028 B020100 594 028 B030100 0 028 B040100 3329 028 C010100 4002 028 C020100 583 028 C030100 0 028 C040100 4981 028 D010100 4075 028 D020100 594 028 D030100 0 028 D040100 3131 028 E010100 6576 028 E020100 607 028 E030100 0 028 E040100 2819 028 F010100 3094 028 F020100 593 028 F030100 0 028 F040100 3818 PAGE 7 028 G010100 27297 028 G020100 3567 028 G030100 0 028 G040100 23198 028 H000100 27297 029 000100 Y 030 A000100 512 030 B000100 4.50 030 C000100 0.00 031 A000100 51 031 B000100 0 032 000100 461 033 000100 0 034 000100 Y 035 000100 27 036 A000100 N 036 B000100 0 037 000100 N 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0.0 062 R000100 0.0 063 A000100 0 063 B000100 6.8 064 A000100 Y 064 B000100 N 070 A010100 Y 070 A020100 N 070 B010100 N 070 B020100 N 070 C010100 Y 070 C020100 N 070 D010100 N 070 D020100 N 070 E010100 Y 070 E020100 N 070 F010100 N 070 F020100 N 070 G010100 Y PAGE 9 070 G020100 N 070 H010100 N 070 H020100 N 070 I010100 N 070 I020100 N 070 J010100 Y 070 J020100 Y 070 K010100 Y 070 K020100 N 070 L010100 N 070 L020100 N 070 M010100 N 070 M020100 N 070 N010100 Y 070 N020100 N 070 O010100 Y 070 O020100 N 070 P010100 Y 070 P020100 Y 070 Q010100 N 070 Q020100 N 070 R010100 N 070 R020100 N 071 A000100 65490 071 B000100 55025 071 C000100 291685 071 D000100 19 072 A000100 12 072 B000100 15833 072 C000100 0 072 D000100 0 072 E000100 0 072 F000100 1252 072 G000100 245 072 H000100 0 072 I000100 133 072 J000100 14 072 K000100 0 072 L000100 45 072 M000100 5 072 N000100 30 072 O000100 0 072 P000100 0 072 Q000100 112 072 R000100 19 072 S000100 15 072 T000100 1000 072 U000100 0 072 V000100 0 072 W000100 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J020200 0.000 048 K010200 0 048 K020200 0.000 055 A000200 N 055 B000200 N 056 000200 N 057 000200 N 058 A000200 N 059 000200 Y 060 A000200 N 060 B000200 N 061 000200 1500 062 A000200 Y 062 B000200 0.0 062 C000200 0.0 062 D000200 0.0 062 E000200 1.8 062 F000200 0.0 062 G000200 0.0 062 H000200 0.0 062 I000200 0.0 062 J000200 0.0 062 K000200 0.0 062 L000200 0.0 062 M000200 0.0 062 N000200 0.0 062 O000200 96.5 062 P000200 0.0 PAGE 13 062 Q000200 0.0 062 R000200 0.0 063 A000200 0 063 B000200 6.7 064 A000200 Y 064 B000200 N 070 A010200 Y 070 A020200 N 070 B010200 N 070 B020200 N 070 C010200 Y 070 C020200 N 070 D010200 N 070 D020200 N 070 E010200 Y 070 E020200 N 070 F010200 N 070 F020200 N 070 G010200 Y 070 G020200 N 070 H010200 N 070 H020200 N 070 I010200 N 070 I020200 N 070 J010200 Y 070 J020200 Y 070 K010200 Y 070 K020200 N 070 L010200 N 070 L020200 N 070 M010200 N 070 M020200 N 070 N010200 Y 070 N020200 N 070 O010200 Y 070 O020200 N 070 P010200 Y 070 P020200 Y 070 Q010200 N 070 Q020200 N 070 R010200 N 070 R020200 N 071 A000200 14410 071 B000200 16282 071 C000200 112888 071 D000200 13 072 A000200 12 072 B000200 5892 072 C000200 0 072 D000200 0 072 E000200 0 PAGE 14 072 F000200 467 072 G000200 150 072 H000200 0 072 I000200 59 072 J000200 6 072 K000200 0 072 L000200 28 072 M000200 3 072 N000200 21 072 O000200 0 072 P000200 0 072 Q000200 55 072 R000200 20 072 S000200 17 072 T000200 749 072 U000200 0 072 V000200 0 072 W000200 7 072 X000200 1582 072 Y000200 531 072 Z000200 4841 072AA000200 0 072BB000200 462 072CC010200 0 072CC020200 1963 072DD010200 4803 072DD020200 0 072EE000200 0 073 A010200 0.4583 073 A020200 0.0000 073 B000200 0.0000 073 C000200 0.0000 074 A000200 94 074 B000200 0 074 C000200 2035 074 D000200 113002 074 E000200 0 074 F000200 0 074 G000200 0 074 H000200 0 074 I000200 0 074 J000200 680 074 K000200 0 074 L000200 1593 074 M000200 0 074 N000200 117404 074 O000200 0 074 P000200 38 074 Q000200 0 074 R010200 0 074 R020200 0 PAGE 15 074 R030200 0 074 R040200 286 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G000300 0 042 H000300 0 043 000300 0 044 000300 0 045 000300 Y 046 000300 N 047 000300 Y 048 000300 0.400 048 A010300 0 048 A020300 0.000 048 B010300 0 048 B020300 0.000 048 C010300 0 048 C020300 0.000 048 D010300 0 048 D020300 0.000 048 E010300 0 048 E020300 0.000 048 F010300 0 048 F020300 0.000 048 G010300 0 048 G020300 0.000 048 H010300 0 048 H020300 0.000 048 I010300 0 048 I020300 0.000 048 J010300 0 048 J020300 0.000 048 K010300 0 048 K020300 0.000 055 A000300 N 055 B000300 N 056 000300 N 057 000300 N 058 A000300 N 059 000300 Y PAGE 17 060 A000300 N 060 B000300 N 061 000300 1500 062 A000300 Y 062 B000300 0.0 062 C000300 0.0 062 D000300 0.0 062 E000300 1.0 062 F000300 0.0 062 G000300 0.0 062 H000300 0.0 062 I000300 0.0 062 J000300 0.0 062 K000300 0.0 062 L000300 0.0 062 M000300 0.0 062 N000300 0.0 062 O000300 97.9 062 P000300 0.0 062 Q000300 0.0 062 R000300 0.0 063 A000300 0 063 B000300 5.9 064 A000300 Y 064 B000300 N 070 A010300 Y 070 A020300 N 070 B010300 N 070 B020300 N 070 C010300 Y 070 C020300 N 070 D010300 N 070 D020300 N 070 E010300 Y 070 E020300 N 070 F010300 N 070 F020300 N 070 G010300 Y 070 G020300 N 070 H010300 N 070 H020300 N 070 I010300 N 070 I020300 N 070 J010300 Y 070 J020300 N 070 K010300 Y 070 K020300 N 070 L010300 N 070 L020300 N 070 M010300 N 070 M020300 N PAGE 18 070 N010300 Y 070 N020300 N 070 O010300 Y 070 O020300 N 070 P010300 Y 070 P020300 Y 070 Q010300 N 070 Q020300 N 070 R010300 N 070 R020300 N 071 A000300 21538 071 B000300 19349 071 C000300 151109 071 D000300 13 072 A000300 12 072 B000300 7161 072 C000300 0 072 D000300 0 072 E000300 0 072 F000300 619 072 G000300 150 072 H000300 0 072 I000300 32 072 J000300 7 072 K000300 0 072 L000300 23 072 M000300 3 072 N000300 23 072 O000300 0 072 P000300 0 072 Q000300 59 072 R000300 20 072 S000300 17 072 T000300 348 072 U000300 0 072 V000300 0 072 W000300 7 072 X000300 1308 072 Y000300 493 072 Z000300 6346 072AA000300 339 072BB000300 0 072CC010300 0 072CC020300 325 072DD010300 6335 072DD020300 0 072EE000300 0 073 A010300 0.4472 073 A020300 0.0000 073 B000300 0.0000 073 C000300 0.0000 PAGE 19 074 A000300 14 074 B000300 0 074 C000300 1600 074 D000300 151840 074 E000300 0 074 F000300 0 074 G000300 0 074 H000300 0 074 I000300 0 074 J000300 0 074 K000300 0 074 L000300 2176 074 M000300 0 074 N000300 155630 074 O000300 0 074 P000300 30 074 Q000300 0 074 R010300 0 074 R020300 0 074 R030300 0 074 R040300 483 074 S000300 0 074 T000300 155117 074 U010300 14309 074 U020300 0 074 V010300 10.84 074 V020300 0.00 074 W000300 0.0000 074 X000300 576 074 Y000300 0 075 A000300 0 075 B000300 154627 076 000300 0.00 028 A010400 1010 028 A020400 201 028 A030400 0 028 A040400 1142 028 B010400 926 028 B020400 203 028 B030400 0 028 B040400 3282 028 C010400 2194 028 C020400 197 028 C030400 0 028 C040400 893 028 D010400 1791 028 D020400 192 028 D030400 0 028 D040400 2028 028 E010400 2409 028 E020400 195 PAGE 20 028 E030400 0 028 E040400 714 028 F010400 1083 028 F020400 190 028 F030400 0 028 F040400 580 028 G010400 9413 028 G020400 1178 028 G030400 0 028 G040400 8639 028 H000400 9411 029 000400 Y 030 A000400 221 030 B000400 4.50 030 C000400 0.00 031 A000400 21 031 B000400 0 032 000400 200 033 000400 0 034 000400 Y 035 000400 18 036 A000400 N 036 B000400 0 037 000400 N 038 000400 0 039 000400 N 040 000400 Y 041 000400 Y 042 A000400 0 042 B000400 0 042 C000400 100 042 D000400 0 042 E000400 0 042 F000400 0 042 G000400 0 042 H000400 0 043 000400 124 044 000400 0 045 000400 Y 046 000400 N 047 000400 Y 048 000400 0.400 048 A010400 0 048 A020400 0.000 048 B010400 0 048 B020400 0.000 048 C010400 0 048 C020400 0.000 048 D010400 0 048 D020400 0.000 048 E010400 0 PAGE 21 048 E020400 0.000 048 F010400 0 048 F020400 0.000 048 G010400 0 048 G020400 0.000 048 H010400 0 048 H020400 0.000 048 I010400 0 048 I020400 0.000 048 J010400 0 048 J020400 0.000 048 K010400 0 048 K020400 0.000 055 A000400 Y 055 B000400 N 056 000400 N 057 000400 N 058 A000400 N 059 000400 Y 060 A000400 N 060 B000400 N 061 000400 1500 062 A000400 Y 062 B000400 0.0 062 C000400 0.0 062 D000400 0.0 062 E000400 5.1 062 F000400 0.0 062 G000400 0.0 062 H000400 0.0 062 I000400 0.0 062 J000400 0.0 062 K000400 0.0 062 L000400 0.0 062 M000400 0.0 062 N000400 0.0 062 O000400 93.3 062 P000400 0.0 062 Q000400 0.0 062 R000400 0.0 063 A000400 0 063 B000400 12.3 064 A000400 Y 064 B000400 Y 065 000400 N 070 A010400 Y 070 A020400 N 070 B010400 N 070 B020400 N 070 C010400 Y 070 C020400 N PAGE 22 070 D010400 N 070 D020400 N 070 E010400 Y 070 E020400 N 070 F010400 N 070 F020400 N 070 G010400 Y 070 G020400 N 070 H010400 N 070 H020400 N 070 I010400 N 070 I020400 N 070 J010400 Y 070 J020400 Y 070 K010400 Y 070 K020400 N 070 L010400 N 070 L020400 N 070 M010400 N 070 M020400 N 070 N010400 Y 070 N020400 N 070 O010400 Y 070 O020400 N 070 P010400 Y 070 P020400 Y 070 Q010400 N 070 Q020400 N 070 R010400 N 070 R020400 N 071 A000400 16271 071 B000400 19060 071 C000400 75189 071 D000400 22 072 A000400 12 072 B000400 4148 072 C000400 0 072 D000400 0 072 E000400 0 072 F000400 314 072 G000400 190 072 H000400 0 072 I000400 48 072 J000400 4 072 K000400 0 072 L000400 26 072 M000400 3 072 N000400 24 072 O000400 0 072 P000400 0 072 Q000400 68 PAGE 23 072 R000400 20 072 S000400 15 072 T000400 431 072 U000400 0 072 V000400 0 072 W000400 7 072 X000400 1150 072 Y000400 590 072 Z000400 3588 072AA000400 0 072BB000400 582 072CC010400 0 072CC020400 1965 072DD010400 2931 072DD020400 655 072EE000400 0 073 A010400 0.4982 073 A020400 0.4187 073 B000400 0.0000 073 C000400 0.0000 074 A000400 51 074 B000400 0 074 C000400 4000 074 D000400 73343 074 E000400 0 074 F000400 0 074 G000400 0 074 H000400 0 074 I000400 0 074 J000400 45 074 K000400 0 074 L000400 1360 074 M000400 0 074 N000400 78799 074 O000400 0 074 P000400 25 074 Q000400 0 074 R010400 0 074 R020400 0 074 R030400 0 074 R040400 174 074 S000400 0 074 T000400 78600 074 U010400 6216 074 U020400 1434 074 V010400 10.27 074 V020400 10.27 074 W000400 0.0000 074 X000400 606 074 Y000400 0 075 A000400 0 PAGE 24 075 B000400 78458 076 000400 0.00 028 A010500 218 028 A020500 94 028 A030500 0 028 A040500 320 028 B010500 362 028 B020500 93 028 B030500 0 028 B040500 1280 028 C010500 77 028 C020500 90 028 C030500 0 028 C040500 882 028 D010500 222 028 D020500 88 028 D030500 0 028 D040500 300 028 E010500 162 028 E020500 89 028 E030500 0 028 E040500 687 028 F010500 166 028 F020500 79 028 F030500 0 028 F040500 806 028 G010500 1207 028 G020500 533 028 G030500 0 028 G040500 4275 028 H000500 1208 029 000500 Y 030 A000500 20 030 B000500 4.50 030 C000500 0.00 031 A000500 2 031 B000500 0 032 000500 18 033 000500 0 034 000500 Y 035 000500 15 036 A000500 N 036 B000500 0 037 000500 N 038 000500 0 039 000500 N 040 000500 Y 041 000500 Y 042 A000500 0 042 B000500 0 042 C000500 100 PAGE 25 042 D000500 0 042 E000500 0 042 F000500 0 042 G000500 0 042 H000500 0 043 000500 110 044 000500 0 045 000500 Y 046 000500 N 047 000500 Y 048 000500 0.400 048 A010500 0 048 A020500 0.000 048 B010500 0 048 B020500 0.000 048 C010500 0 048 C020500 0.000 048 D010500 0 048 D020500 0.000 048 E010500 0 048 E020500 0.000 048 F010500 0 048 F020500 0.000 048 G010500 0 048 G020500 0.000 048 H010500 0 048 H020500 0.000 048 I010500 0 048 I020500 0.000 048 J010500 0 048 J020500 0.000 048 K010500 0 048 K020500 0.000 055 A000500 N 055 B000500 N 056 000500 N 057 000500 N 058 A000500 N 059 000500 Y 060 A000500 N 060 B000500 N 061 000500 1500 062 A000500 Y 062 B000500 0.0 062 C000500 0.0 062 D000500 0.0 062 E000500 0.9 062 F000500 0.0 062 G000500 0.0 062 H000500 0.0 062 I000500 0.0 PAGE 26 062 J000500 0.0 062 K000500 0.0 062 L000500 0.0 062 M000500 0.0 062 N000500 0.0 062 O000500 98.2 062 P000500 0.0 062 Q000500 0.0 062 R000500 0.0 063 A000500 0 063 B000500 7.6 064 A000500 Y 064 B000500 N 070 A010500 Y 070 A020500 N 070 B010500 N 070 B020500 N 070 C010500 Y 070 C020500 N 070 D010500 N 070 D020500 N 070 E010500 Y 070 E020500 Y 070 F010500 N 070 F020500 N 070 G010500 Y 070 G020500 N 070 H010500 N 070 H020500 N 070 I010500 N 070 I020500 N 070 J010500 Y 070 J020500 Y 070 K010500 Y 070 K020500 N 070 L010500 N 070 L020500 N 070 M010500 N 070 M020500 N 070 N010500 Y 070 N020500 N 070 O010500 Y 070 O020500 N 070 P010500 Y 070 P020500 Y 070 Q010500 N 070 Q020500 N 070 R010500 N 070 R020500 N 071 A000500 8963 071 B000500 15004 PAGE 27 071 C000500 45802 071 D000500 20 072 A000500 12 072 B000500 2469 072 C000500 0 072 D000500 0 072 E000500 0 072 F000500 197 072 G000500 190 072 H000500 0 072 I000500 48 072 J000500 3 072 K000500 0 072 L000500 26 072 M000500 2 072 N000500 24 072 O000500 0 072 P000500 0 072 Q000500 68 072 R000500 20 072 S000500 17 072 T000500 296 072 U000500 0 072 V000500 0 072 W000500 7 072 X000500 898 072 Y000500 411 072 Z000500 1982 072AA000500 0 072BB000500 1032 072CC010500 0 072CC020500 750 072DD010500 1467 072DD020500 515 072EE000500 0 073 A010500 0.4345 073 A020500 0.3573 073 B000500 0.0000 073 C000500 0.0000 074 A000500 76 074 B000500 0 074 C000500 400 074 D000500 44412 074 E000500 0 074 F000500 0 074 G000500 0 074 H000500 0 074 I000500 0 074 J000500 500 074 K000500 0 074 L000500 572 PAGE 28 074 M000500 0 074 N000500 45960 074 O000500 507 074 P000500 18 074 Q000500 0 074 R010500 0 074 R020500 0 074 R030500 0 074 R040500 211 074 S000500 0 074 T000500 45224 074 U010500 3236 074 U020500 1296 074 V010500 9.98 074 V020500 9.98 074 W000500 0.0000 074 X000500 523 074 Y000500 0 075 A000500 0 075 B000500 49229 076 000500 0.00 028 A011100 1107 028 A021100 119 028 A031100 0 028 A041100 1948 028 B011100 1053 028 B021100 119 028 B031100 0 028 B041100 307 028 C011100 553 028 C021100 116 028 C031100 0 028 C041100 377 028 D011100 2719 028 D021100 113 028 D031100 0 028 D041100 813 028 E011100 699 028 E021100 116 028 E031100 0 028 E041100 918 028 F011100 4245 028 F021100 100 028 F031100 0 028 F041100 767 028 G011100 10376 028 G021100 683 028 G031100 0 028 G041100 5130 028 H001100 10377 029 001100 Y PAGE 29 030 A001100 94 030 B001100 4.50 030 C001100 0.00 031 A001100 11 031 B001100 0 032 001100 83 033 001100 0 034 001100 N 035 001100 0 036 B001100 0 037 001100 N 038 001100 0 039 001100 N 040 001100 Y 041 001100 N 042 A001100 0 042 B001100 0 042 C001100 0 042 D001100 0 042 E001100 0 042 F001100 0 042 G001100 0 042 H001100 0 043 001100 0 044 001100 0 045 001100 Y 046 001100 N 047 001100 Y 048 001100 0.400 048 A011100 0 048 A021100 0.000 048 B011100 0 048 B021100 0.000 048 C011100 0 048 C021100 0.000 048 D011100 0 048 D021100 0.000 048 E011100 0 048 E021100 0.000 048 F011100 0 048 F021100 0.000 048 G011100 0 048 G021100 0.000 048 H011100 0 048 H021100 0.000 048 I011100 0 048 I021100 0.000 048 J011100 0 048 J021100 0.000 048 K011100 0 048 K021100 0.000 PAGE 30 055 A001100 N 055 B001100 N 056 001100 N 057 001100 N 058 A001100 N 059 001100 Y 060 A001100 N 060 B001100 N 061 001100 1500 062 A001100 Y 062 B001100 0.0 062 C001100 0.0 062 D001100 0.0 062 E001100 14.0 062 F001100 0.0 062 G001100 0.0 062 H001100 0.0 062 I001100 0.0 062 J001100 0.0 062 K001100 0.0 062 L001100 0.0 062 M001100 0.0 062 N001100 0.0 062 O001100 89.9 062 P001100 0.0 062 Q001100 0.0 062 R001100 0.0 063 A001100 0 063 B001100 5.4 064 A001100 Y 064 B001100 N 070 A011100 Y 070 A021100 N 070 B011100 N 070 B021100 N 070 C011100 Y 070 C021100 N 070 D011100 N 070 D021100 N 070 E011100 Y 070 E021100 N 070 F011100 N 070 F021100 N 070 G011100 Y 070 G021100 N 070 H011100 N 070 H021100 N 070 I011100 N 070 I021100 N 070 J011100 Y 070 J021100 Y PAGE 31 070 K011100 Y 070 K021100 N 070 L011100 N 070 L021100 N 070 M011100 N 070 M021100 N 070 N011100 Y 070 N021100 N 070 O011100 Y 070 O021100 N 070 P011100 Y 070 P021100 Y 070 Q011100 N 070 Q021100 N 070 R011100 N 070 R021100 N 071 A001100 15593 071 B001100 8993 071 C001100 46612 071 D001100 19 072 A001100 12 072 B001100 2559 072 C001100 0 072 D001100 0 072 E001100 0 072 F001100 203 072 G001100 150 072 H001100 0 072 I001100 30 072 J001100 3 072 K001100 0 072 L001100 23 072 M001100 2 072 N001100 17 072 O001100 0 072 P001100 0 072 Q001100 52 072 R001100 20 072 S001100 14 072 T001100 216 072 U001100 0 072 V001100 0 072 W001100 6 072 X001100 736 072 Y001100 335 072 Z001100 2158 072AA001100 0 072BB001100 179 072CC011100 0 072CC021100 694 072DD011100 2158 PAGE 32 072DD021100 0 072EE001100 0 073 A011100 0.4467 073 A021100 0.0000 073 B001100 0.0000 073 C001100 0.0000 074 A001100 96 074 B001100 0 074 C001100 7900 074 D001100 50574 074 E001100 0 074 F001100 0 074 G001100 0 074 H001100 0 074 I001100 0 074 J001100 10 074 K001100 0 074 L001100 918 074 M001100 0 074 N001100 59498 074 O001100 3057 074 P001100 11 074 Q001100 0 074 R011100 0 074 R021100 0 074 R031100 0 074 R041100 137 074 S001100 0 074 T001100 56293 074 U011100 5443 074 U021100 0 074 V011100 10.34 074 V021100 0.00 074 W001100 0.0000 074 X001100 230 074 Y001100 0 075 A001100 0 075 B001100 50632 076 001100 0.00 028 A011300 7577 028 A021300 1699 028 A031300 0 028 A041300 12008 028 B011300 8538 028 B021300 1717 028 B031300 0 028 B041300 9012 028 C011300 12987 028 C021300 1662 028 C031300 0 028 C041300 7783 PAGE 33 028 D011300 6360 028 D021300 1459 028 D031300 0 028 D041300 8850 028 E011300 3881 028 E021300 1619 028 E031300 0 028 E041300 12583 028 F011300 4620 028 F021300 1620 028 F031300 0 028 F041300 6263 028 G011300 43963 028 G021300 9776 028 G031300 0 028 G041300 56499 028 H001300 43963 029 001300 Y 030 A001300 1123 030 B001300 4.50 030 C001300 0.00 031 A001300 70 031 B001300 0 032 001300 1053 033 001300 0 034 001300 Y 035 001300 173 036 A001300 N 036 B001300 46 037 001300 N 038 001300 0 039 001300 N 040 001300 Y 041 001300 Y 042 A001300 0 042 B001300 0 042 C001300 100 042 D001300 0 042 E001300 0 042 F001300 0 042 G001300 0 042 H001300 0 043 001300 909 044 001300 0 045 001300 Y 046 001300 N 047 001300 Y 048 001300 0.600 048 A011300 0 048 A021300 0.000 048 B011300 0 PAGE 34 048 B021300 0.000 048 C011300 0 048 C021300 0.000 048 D011300 0 048 D021300 0.000 048 E011300 0 048 E021300 0.000 048 F011300 0 048 F021300 0.000 048 G011300 0 048 G021300 0.000 048 H011300 0 048 H021300 0.000 048 I011300 0 048 I021300 0.000 048 J011300 0 048 J021300 0.000 048 K011300 0 048 K021300 0.000 055 A001300 N 055 B001300 N 056 001300 N 057 001300 N 058 A001300 N 059 001300 Y 060 A001300 N 060 B001300 N 061 001300 1500 062 A001300 Y 062 B001300 0.0 062 C001300 0.0 062 D001300 0.0 062 E001300 3.2 062 F001300 0.0 062 G001300 0.0 062 H001300 0.0 062 I001300 0.0 062 J001300 0.0 062 K001300 0.0 062 L001300 0.0 062 M001300 0.0 062 N001300 0.0 062 O001300 93.8 062 P001300 1.5 062 Q001300 0.0 062 R001300 0.0 063 A001300 0 063 B001300 8.3 064 A001300 Y 064 B001300 N 070 A011300 Y PAGE 35 070 A021300 N 070 B011300 N 070 B021300 N 070 C011300 Y 070 C021300 N 070 D011300 N 070 D021300 N 070 E011300 Y 070 E021300 N 070 F011300 N 070 F021300 N 070 G011300 Y 070 G021300 N 070 H011300 N 070 H021300 N 070 I011300 N 070 I021300 N 070 J011300 Y 070 J021300 Y 070 K011300 Y 070 K021300 N 070 L011300 N 070 L021300 N 070 M011300 N 070 M021300 N 070 N011300 Y 070 N021300 N 070 O011300 Y 070 O021300 N 070 P011300 Y 070 P021300 Y 070 Q011300 N 070 Q021300 N 070 R011300 N 070 R021300 N 071 A001300 178479 071 B001300 211453 071 C001300 523412 071 D001300 34 072 A001300 12 072 B001300 34245 072 C001300 0 072 D001300 0 072 E001300 0 072 F001300 3258 072 G001300 425 072 H001300 0 072 I001300 331 072 J001300 22 072 K001300 0 072 L001300 64 PAGE 36 072 M001300 0 072 N001300 64 072 O001300 0 072 P001300 147 072 Q001300 184 072 R001300 22 072 S001300 21 072 T001300 2251 072 U001300 0 072 V001300 0 072 W001300 7 072 X001300 6796 072 Y001300 1516 072 Z001300 28965 072AA001300 0 072BB001300 16452 072CC011300 0 072CC021300 34443 072DD011300 12016 072DD021300 16779 072EE001300 0 073 A011300 0.0000 073 A021300 0.0000 073 B001300 0.0000 073 C001300 0.0000 074 A001300 19 074 B001300 0 074 C001300 16320 074 D001300 482165 074 E001300 0 074 F001300 0 074 G001300 0 074 H001300 0 074 I001300 0 074 J001300 0 074 K001300 0 074 L001300 9677 074 M001300 0 074 N001300 508181 074 O001300 983 074 P001300 170 074 Q001300 0 074 R011300 0 074 R021300 0 074 R031300 0 074 R041300 748 074 S001300 0 074 T001300 506280 074 U011300 23889 074 U021300 34180 074 V011300 0.00 PAGE 37 074 V021300 0.00 074 W001300 0.0000 074 X001300 5770 074 Y001300 0 075 A001300 0 075 B001300 543006 076 001300 0.00 029 001800 0 030 A001800 0 030 B001800 0.00 030 C001800 0.00 074 A003500 0 074 B003500 0 074 C003500 0 074 D003500 0 074 E003500 0 074 F003500 0 074 G003500 0 074 H003500 0 074 I003500 0 074 J003500 0 074 K003500 0 074 L003500 0 074 M003500 0 074 N003500 0 SIGNATURE PATRICE HURLEY TITLE VICE PRESIDENT EX-99.77E LEGAL 2 leg.txt Sub-Item 77 E LEGAL PROCEEDINGS Since October 2003, Federated and related entities (collectively, "Federated"), and various Federated funds ("Funds"), have been named as defendants in several class action lawsuits now pending in the United States District Court for the District of Maryland. The lawsuits were purportedly filed on behalf of people who purchased, owned and/or redeemed shares of Federated-sponsored mutual funds during specified periods beginning November 1, 1998. The suits are generally similar in alleging that Federated engaged in illegal and improper trading practices including market timing and late trading in concert with certain institutional traders, which allegedly caused financial injury to the mutual fund shareholders. These lawsuits began to be filed shortly after Federated's first public announcement that it had received requests for information on shareholder trading activities in the Funds from the SEC, the Office of the New York State Attorney General ("NYAG"), and other authorities. In that regard, on November 28, 2005, Federated announced that it had reached final settlements with the SEC and the NYAG with respect to those matters. Specifically, the SEC and NYAG settled proceedings against three Federated subsidiaries involving undisclosed market timing arrangements and late trading. The SEC made findings: that Federated Investment Management Company ("FIMC"), an SEC-registered investment adviser to various Funds, and Federated Securities Corp., an SEC-registered broker-dealer and distributor for the Funds, violated provisions of the Investment Advisers Act and Investment Company Act by approving, but not disclosing, three market timing arrangements, or the associated conflict of interest between FIMC and the funds involved in the arrangements, either to other fund shareholders or to the funds' board; and that Federated Shareholder Services Company, formerly an SEC-registered transfer agent, failed to prevent a customer and a Federated employee from late trading in violation of provisions of the Investment Company Act. The NYAG found that such conduct violated provisions of New York State law. Federated entered into the settlements without admitting or denying the regulators' findings. As Federated previously reported in 2004, it has already paid approximately $8.0 million to certain funds as determined by an independent consultant. As part of these settlements, Federated agreed to pay disgorgement and a civil money penalty in the aggregate amount of an additional $72 million and, among other things, agreed that it would not serve as investment adviser to any registered investment company unless (i) at least 75% of the fund's directors are independent of Federated, (ii) the chairman of each such fund is independent of Federated, (iii) no action may be taken by the fund's board or any committee thereof unless approved by a majority of the independent trustees of the fund or committee, respectively, and (iv) the fund appoints a "senior officer" who reports to the independent trustees and is responsible for monitoring compliance by the fund with applicable laws and fiduciary duties and for managing the process by which management fees charged to a fund are approved. The settlements are described in Federated's announcement which, along with previous press releases and related communications on those matters, is available in the "About Us" section of Federated's website at FederatedInvestors.com. Federated entities have also been named as defendants in several additional lawsuits that are now pending in the United States District Court for the Western District of Pennsylvania, alleging, among other things, excessive advisory and Rule 12b-1 fees. The Board of the Funds retained the law firm of Dickstein Shapiro LLP to represent the Funds in each of the lawsuits described in the preceding two paragraphs. Federated and the Funds, and their respective counsel, have been defending this litigation, and none of the Funds remains a defendant in any of the lawsuits (though some could potentially receive any recoveries as nominal defendants). Additional lawsuits based upon similar allegations may be filed in the future. The potential impact of these lawsuits, all of which seek unquantified damages, attorneys' fees, and expenses, and future potential similar suits is uncertain. Although we do not believe that these lawsuits will have a material adverse effect on the Funds, there can be no assurance that these suits, ongoing adverse publicity and/or other developments resulting from the regulatory investigations will not result in increased Fund redemptions, reduced sales of Fund shares, or other adverse consequences for the Funds. - -3- EX-99.77B ACCT LTTR 3 acct.txt Report of Independent Registered Public Accounting Firm To the Shareholders and Board of Trustees of Federated Municipal Securities Income Trust: In planning and performing our audit of the financial statements of Federated Municipal High Yield Advantage Fund (the "Fund") (one of the portfolios constituting Federated Municipal Securities Income Trust) as of and for the year ended August 31, 2008, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Fund's internal control over financial reporting, including control activities for safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion. The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A Fund's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of fina ncial statements for external purposes in accordance with generally accepted accounting principles. A Fund's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Fund are being made only in accordance with authorizations of management and directors of the Fund; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a Fund's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be significant deficiencies or material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Fund's internal control over financial reporting and its operation, including controls for safeguarding securities that we consider to be a material weakness as defined above as of August 31, 2008. This report is intended solely for the information and use of management and the Board of Trustees of the Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. Ernst & Young LLP Boston, Massachusetts October 16, 2008 -----END PRIVACY-ENHANCED MESSAGE-----