File No. 333-19181
Rule 497(e)
LIBERTY-STEIN ROE FUNDS TRUST
Stein Roe Institutional Client High Yield Fund
Supplement to Statement of Additional Information
Dated November 1, 1999
__________________________
The first full paragraph under "Purchases and Redemptions" in
this SAI is revised to read as follows:
The initial purchase minimum is $250,000 and the minimum
subsequent investment is $10,000. For more information
on how to purchase Fund shares, please call Stein Roe
Retirement Services at 800-322-1130.
This Supplement is Dated December 6, 1999
