[State Street Research Letterhead]
June 28, 2000
Securities and Exchange Commission
450 Fifth Street N.W.
Washington, DC 20549
Dear Sir or Madam:
On behalf of State Street Research Securities Trust, I am enclosing Form SE
and the related exhibits to be incorporated by reference in the direct
transmission of form N-SAR for the year ended April 30, 2000.
Sincerely,
/s/ Danette M. Tatro
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Danette M. Tatro
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM SE Dated June 28, 2000
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N-SAR Year ended 4/30/00 811-8322
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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 Securities Trust 918572
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(Exact Name of Registrant As Specified in Charter) Registrant CIK Number
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Name of Person Other than 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 28th day of June, 2000
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State Street Research Securities Trust
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(Name of Registrant)
/s/ Joseph W. Canavan
By: -------------------------------------
(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)
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State Street Research Securities 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
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[PricewaterhouseCoopers Letterhead]
REPORT OF INDEPENDENT ACCOUNTANTS
To the Board of Trustees of
State Street Research Securities Trust
and Shareholders of:
State Street Research Strategic Income Fund
State Street Research Legacy Fund
State Street Research Galileo Fund
In planning and performing our audits of the financial statements and
financial highlights of State Street Research Strategic Income Fund, State
Street Research Legacy Fund and State Street Research Galileo Fund for the year
ended April 30, 2000 we considered their internal controls, including control
activities for safeguarding securities, in order to determine our auditing
procedures for the purpose of expressing our opinion on the financial statements
and financial highlights and to comply with the requirements of Form N-SAR, not
to provide assurance on internal control.
The management of State Street Research Securities 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 and financial highlights 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, error 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 the
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 and financial highlights 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 April 30, 2000.
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This report is intended solely for the information and use of the Board of
Trustees of State Street Research Securities Trust, management 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
Boston, Massachusetts
June 5, 2000
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ADDITIONAL ANSWERS TO FORM N-SAR
for
STATE STREET RESEARCH SECURITIES TRUST
Item 77: Attachments
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SUB-ITEM 77C: Submissions of matters to a vote of security holders
See "Report On Special Meeting of Shareholders" in the Reports to Shareholders
for the year ended April 30, 2000, for the State Street Research Strategic
Income, State Street Research Galileo Fund and State Street Research Legacy Fund
(each a series of the Registrant), which Reports on Special Meetings of
Shareholders are incorporated by reference herein.
