Federated Municipal Securities Fund, Inc. (F) LMFFX

Share Classes Product Type Asset Class Category
Mutual Fund Fixed Income Muni National Long
As of 08-31-2014

Highlights

  • Pursues a high level of current income exempt from federal regular income tax.
  • Invests at least a majority of its assets in a portfolio of: (1) long-term, tax-exempt securities; and (2) investment-grade, tax-exempt securities.
  • Features a track record of more than 35 years.

Key Investment Team


Facts

Symbol   LMFFX
Fund Number(s)   375
Newspaper Listing   MunSecF
CUSIP   313913402
Benchmark   S&P Municipal Bond Investment Grade Index
Performance Inception Date   05-31-2007
Fiscal Year-End   3-31

Morningstar Category & Style

disclosures »
Category Muni National Long
Style

Related Information


 
 
 
 
 
 
 
 
 
 
 
Mutual funds are subject to risks and fluctuate in value.

Bond prices are sensitive to changes in interest rates, and a rise in interest rates can cause a decline in their prices.

High-yield, lower-rated securities generally entail greater market, credit/default and liquidity risks and may be more volatile than investment-grade securities.

Interest income from the fund's investments may be subject to the federal Alternative Minimum Tax (AMT) for individuals and corporations, and state and local taxes.

Past performance is no guarantee of future results.

Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, contact us or view the prospectus provided on this website. Please carefully read the summary prospectus or prospectus before investing.

"Category" product classifications noted at the top are Federated's internal classifications.

For additional information, including definitions of related terms and indexes, see the Financial Glossary and Benchmark Index Glossary.

Federated Securities Corp., Distributor
Not FDIC Insured May Lose Value No Bank Guarantee
Copyright © 2014 Federated Investors, Inc.

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