Exhibit 14


 Consent of Ernst & Young LLP, Independent Registered Public Accounting Firm


We  consent  to the  references  to our firm  under the  caption  "Independent
Auditors"   in  the   Statement   of   Additional   Information   included  in
Post-Effective  Amendment Number 3, to the Registration  Statement (Form N-1A,
No.  333-90412) dated March 31, 2004 of Golden Oak Family of Funds; and to the
incorporation  by  reference of our report,  dated March 5, 2004,  relating to
the financial  statements  and financial  highlights  appearing in the January
31, 2004 Annual  Report to  Shareholders  of Golden Oak Michigan Tax Free Bond
Portfolio  (a  portfolio  of Golden Oak Family of Funds);  which  Statement of
Additional  Information and Annual Report to Shareholders  are incorporated by
reference in this Registration  Statement on Form N-14 of Federated  Municipal
Securities Income Trust.

                                          /s/ ERNST & YOUNG LLP
                                          ERNST & YOUNG LLP

Boston, Massachusetts
July 15, 2004