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Filed pursuant to Rule 497(e).
File Nos. 33-63797 and 811-07391.
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[LOGO] ALLIANCE GLOBAL STRATEGIC INCOME
TRUST
________________________________________________________________
July 11, 1996
Supplement to Prospectus dated January 2, 1996 (as Amended on
February 29, 1996)
This prospectus supplement sets forth unaudited per-
share information for Alliance Global Strategic Income Trust,
Inc. as of and for the respective periods ended April 30, 1996.
Unaudited financial statements and related notes as of such date
have also been added to the Statement of Additional Information.
A new section having the following heading and
containing the following information should be added on page 2 of
the current prospectus immediately following "Expense
Information."
FINANCIAL HIGHLIGHTS
Selected Data For A Share Of Capital Stock Outstanding
Throughout Each Period
CLASS A CLASS B CLASS C
January 9, 1996(c) March 25, 1996(f)March 25, 1996(f)
to to to
April 30, 1996 April 30, 1996 April 30, 1996,
(unaudited) (unaudited) (unaudited)
________________ ______________ ________________
Net asset value, beginning
of period $10.00 $9.97 $9.97
INCOME FROM INVESTMENT
OPERATIONS
Net investment income(a)(d) .27 .09 .09
Net realized and unrealized
gain on investments and
foreign currency
transactions(a) .27 .27 .27
______ ______ _____
Net increase in net asset
value from operations .54 .36 .36
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______ ______ _____
LESS: DISTRIBUTIONS
Dividends from net
investment income(a) (.31) (.10) (.11)
______ ______ ______
Total distributions (.31) (.10) (.11)
______ ______ _____
Net asset value, end
of period $10.23 $10.23 $10.22
====== ====== ======
TOTAL RETURN
Total investment return
based on net asset
value(b) 5.47% 2.75% 2.75%
====== ====== ======
RATIOS/SUPPLEMENTAL DATA
Net assets, end of
period $1,643,833 $73,494 $102
Ratio to average
net assets of:
Expenses, net of
reimbursements 1.90%(e) 2.60%(e) 2.60%(e)
Net investment income,
net of waivers/
reimbursements 8.97%(e) 8.14%(e) 8.14%(e)
Portfolio turnover
rate 179% 179% 179%
___________________
(a) Based on average weighted shares outstanding.
(b) Total investment return is calculated assuming an initial
investment made at the net asset value at the beginning of
the period, reinvestment of all dividends and distributions
at net asset value during the period, and redemption on the
last day of the period. Initial sales charges or contingent
deferred sales charges are not reflected in the calculation
of total investment return. Total investment return
calculated for a period of less than one year is not
annualized.
(c) Commencement of operations.
(d) Net of expenses reimbursed by the Adviser.
2
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(e) Annualized.
(f) Commencement of distribution.
3
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