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AIM FLOATING RATE FUND
Supplement dated July 10, 2000
to the Prospectus dated April 3, 2000
as supplemented June 29, 2000
This supplement supersedes and replaces in its entirety the supplement dated
June 29, 2000.
The fifth paragraph under the heading entitled "MANAGEMENT - INVESTMENT
MANAGEMENT" on page 18 of the prospectus is deleted in its entirety and replaced
with the following:
"Joel L. Coleman will provide day-to-day management of the
Sub-Sub-Advised Assets of the Fund. Mr. Coleman is the Portfolio Manager
and has been responsible for the Sub-Sub-Advised Assets of the Fund
since 2000. He has been associated with INVESCO, Inc. and/or its
affiliates since 1998. From 1997 to 1998, he was Director of Product
Management for LG&E Energy Marketing. From 1992 to 1997, he was the
Senior Group Retirement and Savings Sales Officer and Director of Fixed
Income Securities for Providian Corporation."
