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SIGNATURE DENNIS J MCDONNELL
TITLE PRES, CEO & TRUSTEE
KPMG Peat Marwick LLP
Peat Marwick Plaza
303 East Wacker Drive
Chicago, IL 60601-9973
The Board of Trustees and Shareholders of
Van Kampen American Capital Intermediate Term High Income Trust:
In planning and performing our audit of the financial statements
of Van Kampen American Capital Intermediate Term High Income Trust
(the "Trust") for the year ended December 31, 1996, we considered its
internal control structure, including procedures for safeguarding
securities, in order 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, not to provide
assurance on the internal control structure.
The management of the Fund is responsible for establishing and
maintaining an internal control structure. In fulfilling this
responsibility, estimates and judgements by management are
required to assess the expected benefits and related costs of
internal control structure policies and procedures. Two of the
objectives of an internal control structure are to provide
management with reasonable, but not absolute, assurance that
assets are safeguarded against loss from unauthorized use or
disposition and that transactions are executed in accordance
with management's authorization and recorded properly to
permit preparation of financial statements in accordance with
generally accepted accounting principles.
Because of inherent limitations in any system of internal control
structure, errors or irregularities may occur and may not be
detected. Also, projection of any evaluation of the structure to
future periods is subject to the risk that it may become inadequate
because of changes in conditions or that the effectiveness of the
design and operation may deteriorate.
Our consideration of the internal control structure would not
necessarily disclose all matters in the internal control
structure 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 the specific internal control structure
elements does not reduce to a relatively low level the risk that
errors or irregularities 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 the internal control structure, including
procedures for safeguarding securities, that we consider to be
material weaknesses as defined above as of December 31, 1996.
This report is intended solely for the information and use
of management and the Securities and Exchange Commission.
/s/ KPMG Peat Marwick LLP
KPMG Peat Marwick LLP
February 4, 1997
NSAR ITEM 77C
Van Kampen American Capital Intermediate Term High Income Trust
(a) An Annual Meeting of Shareholders was held on May 23, 1996 and a
Special Meeting of Shareholders was held on October 23, 1996.
(b) The election of Trustees of Van Kampen American Capital Intermediate
Term High Income Trust (the "Fund") at the Annual Meeting of
Shareholders on May 23, 1996 included:
David C. Arch
Howard J Kerr
Dennis J. McDonnell
(c) The following were voted on at the May 23, 1996 meeting:
1) Election of Trustees
David C. Arch For 11,933,609 Withheld 195,989
Howard J Kerr For 11,929,539 Withheld 200,059
Dennis J. McDonnell For 11,929,331 Withheld 200,267
2) To Ratify the Selection of Ernst & Young LLP as Independent
Auditors for its Current Fiscal Year.
For 11,913,260 Against 11,689
The following were voted on at the October 29, 1996 meeting:
1) Approval of New Investment Advisory Agreement in the event of
a change of control of the Adviser.
For 10,647,888 Against 263,422
2) Approval of amendment to the Fund's Declaration of Trust
For 6,581,694 Against 263,422
3) Approval of changes to Fundamental Investment Policies with
respect to investments in other investment companies.
For 3,359,054 Against 240,799
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