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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SE Dated May 25, 2000
Form N-SAR Year ended 3/31/00 811-4559
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Report, Schedule or Statement of Period of Report SEC File No. of Form,
Which the Documents Are a Part (If Appropriate) Schedule or Statement
State Street Research Income Trust 787980
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(Exact Name of Registrant As Specified In Charter) Registrant CIK Number
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Name of Person Other than the Registrant Filing the Form, Schedule or Statement
The undersigned hereby files the following documents:
Attach an exhibit index and the exhibits not filed electronically as required by
Item 601 of Regulation S-K, the applicable Form, Schedule or Statement.
SIGNATURES: Complete A or B, as Appropriate
See General Instructions to Form SE
A. Filings Made on Behalf of the Registrant: The Registrant has duly caused this
form to be signed on its behalf by the undersigned, thereunto duly authorized,
in the City of Boston, State of Massachusetts, on the 25th day of May, 2000.
State Street Research Income Trust
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(Name of Registrant)
By: /s/ Joseph W. Canavan
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(Signature)
Joseph W. Canavan
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(Print Name)
Assistant Treasurer
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(Title)
B. Filings Made by Persons Other Than the Registrant: After reasonable inquiry
and to the best of my knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
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(Date) (Signature)
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(Print the Name and Title of Each Person Who Signs the Form)
SEC 2082 (12-89)
<PAGE>
State Street Research Income Trust
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(Name of Registrant)
Form SE
Exhibit Index for Form N-SAR
Item 77. B. Accountant's Report on Internal Control
C. Matters submitted to a vote of security holders
<PAGE>
[Letterhead of PricewaterhouseCoopers LLP]
To the Shareholders and Trustees of
State Street Research Income Trust
In planning and performing our audits of the financial statements of State
Street Research High Income Fund and State Street Research Strategic Growth &
Income Fund (formerly State Street Research Managed Assets), each a series of
State Street Research Income Trust (the "Trust"), for the year ended March 31,
2000, we considered their internal control, including control activities for
safeguarding securities, in order to determine our auditing procedures for the
purpose of expressing our opinions on the financial statements and to comply
with the requirements of Form N-SAR, not to provide assurance on internal
control.
The management of the Trust 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
controls. Generally, 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 controls include the safeguarding of assets against
unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, errors or fraud may occur
and not be detected. Also, projection of any evaluation of internal control to
future periods is subject to the risk that controls may become inadequate
because of changes in conditions or that the effectiveness of their design and
operation 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 internal control components does not reduce to a relatively low level the
risk that misstatements caused by error 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 and its operation, including controls for safeguarding
securities, that we consider to be material weaknesses as defined above as of
March 31, 2000.
This report is intended solely for the information and use of management and the
Trustees of State Street Research Income Trust and the Securities and Exchange
Commission and is not intended to be and should not be used by anyone other than
these specified parties.
/s/ PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
May 18, 2000
<PAGE>
ADDITIONAL ANSWERS TO FORM N-SAR
for
STATE STREET RESEARCH INCOME TRUST
Item 77: Attachments
SUB-ITEM 77C: Submissions of matters to a vote of security holders
See "Report On Special Meeting of Shareholders" in the Report to Shareholders
for the year ended March 31, 2000, for the State Street Research High Income
Fund, (a series of the Registrant), which Reports on Special Meetings of
Shareholders are incorporated by reference herein.
