Report of Independent Auditors
To the Shareholders and
Board of Directors of
Alliance Global Strategic Income Trust, Inc.
In planning and performing our audit of the financial
statements of Alliance Global Strategic Income Trust,
Inc. for the year ended October 31, 2000, we considered
its internal control, including control activities for
safeguarding securities, to determine our auditing
procedures for the purpose of expressing our
opinion on the financial statements and to comply
with the requirements of Form N-SAR, and not to
provide assurance on internal control.
The management of Alliance Global Strategic Income
Trust, Inc. is responsible for establishing and
maintaining internal control. In fulfilling
this responsibility, estimates and judgments
by management are required to assess the expected
benefits and related costs of control. Generally,
internal controls that are relevant to an audit
pertain to the entity's objective of preparing
financial statements for external purposes that
are fairly presented in conformity with generally
accepted accounting principles. Those internal
controls include the safeguarding of assets
against unauthorized acquisition, use, or
disposition.
Because of inherent limitations in internal
control, misstatements due to errors or fraud
may occur and not be detected. Also, projections
of any evaluation of internal control to future
periods are subject to the risk that internal
control may become inadequate because of changes
in conditions, or that the degree of compliance
with the policies or procedures may deteriorate.
Our consideration of internal control would not
necessarily disclose all matters in internal
control that might be material weaknesses
under standards established by the American
Institute of Certified Public Accountants.
A material weakness is a condition in which
the design or operation of one or more of
the specific internal control components
does not reduce to a relatively low level
the risk that errors or fraud in amounts
that would be material in relation to the
financial statements being audited may
occur and not be detected within a timely
period by employees in the normal course
of performing their assigned functions.
However, we noted no matters involving
internal control, including control
activities for safeguarding securities,
and its operation that we consider to
be material weaknesses as defined
above at October 31, 2000.
This report is intended solely for the
information and use of the Board of
Directors and management of
Alliance Global Strategic Income Trust, Inc.,
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
December 15, 2000
