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<PAGE> PAGE 2
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SIGNATURE JUAN RODRIGUEZ
TITLE ASSISTANT CONTROLLER
ALLIANCE CAPITAL MANAGEMENT L.P.
Memorandum
June 25, 1998
To: Steve Yu
From: Jane E. Heeckt
Re: ACM Municipal Securities Income Fund, Inc.
Enclosed for the above-referenced Fund is
the attachment for Item 77.C of the N-SAR.
If you have any questions, please feel free
to call me at (212) 969-6383.
ACM MUNICIPAL SECURITIES INCOME FUND, INC.
Exhibit 77C
811-7510
The Annual Meeting of Shareholders of ACM
Managed Income Fund, Inc. was held on May 28,
1998. A description of each proposal and number
of shares voted at the meeting are as follows:
1. To Elect Directors:
Class One Directors Shares Voted For
Withheld Authority
(term expires 2001)
John H. Dobkin 8,599,740.390
116,424.838
Clifford L. Michel 8,616,827.584
99,337.644
Donald J. Robinson 8,617,343.053
98,822.175
Class Two Director
(term expires 1999)
William H. Foulk, Jr. 8,617,008
99,156.909
2. To ratify the selection Shares
Shares Voted Shares
of Ernst & Young LLP as Voted For
Against Abstained
the Fund independent
auditors for the Fund
fiscal year ending
October 31, 1998. 8,570,271.948
71,472.007 74,421.273
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