Supplement No. 1 dated September 1, 1999
to
Prospectus dated February 15, 1999
for
STATE STREET RESEARCH STRATEGIC PORTFOLIOS: CONSERVATIVE
STATE STREET RESEARCH STRATEGIC PORTFOLIOS: MODERATE
STATE STREET RESEARCH STRATEGIC PORTFOLIOS: AGGRESSIVE
Series of State Street Research Financial Trust
This Prospectus contains information about the shares of State Street
Research Strategic Portfolios: Moderate and State Street Research Strategic
Portfolios: Aggressive.
State Street Research Strategic Portfolios: Conservative has changed its
name to "State Street Research Strategic Income Plus Fund." Information about
the renamed fund is covered in a separate prospectus dated September 1, 1999.
Please call 1-800-562-0032 for a copy of the fund's prospectus.
It is anticipated that after October 31, 1999, shares of the State Street
Research Strategic Portfolios: Moderate fund will no longer be available for
purchase.
CONTROL NUMBER: (exp0900)SSR-LD
SP-242G-0999
