August 29, 2000


Securities and Exchange Commission
Washington, DC  20549

Ladies and Gentlemen:

We were previously principal accountants for the High Income Trust (the
Trust) and, under the date February 4, 2000, we reported on the financial
statements of the Trust as of and for the year ended December 31, 1999.
On April 14, 2000, our appointment as principal accountants was
terminated.  We have read the statements in Exhibit 77K of the Form N-SAR
dated August 29, 2000 and we agree with such statements.

Very truly yours,

 KPMG LLP



Exhibit 77K


KPMG LLP served as the independent public accountants for the Fund's last fiscal
year. The client-auditor relationship between KPMG and the Fund ceased as of
April 14, 2000. KPMG's reports on the financial statements for the Fund during
the Fund's last two fiscal years did not contain an adverse opinion or
disclaimer of opinion, nor was such report qualified or modified as to
uncertainty, audit scope or accounting principles. During the last two fiscal
years and any subsequent interim period, there were no disagreements with KPMG
on any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreement, if not resolved
to the satisfaction of KPMG, would have caused KPMG to make reference to the
subject matter of the disagreement in connection with its report.