COLONIAL INVESTMENT GRADE BOND FUND
LIBERTY-STEIN ROE ADVISOR FLOATING
RATE ADVANTAGE FUND
STEIN ROE ADVISOR FLOATING RATE FUND
Class A, B and C Shares
Supplement to Prospectuses
(Replacing Supplements dated February 1, 2000)
The Funds' prospectuses are amended as follows:
During the period February 1 through June 15, 2000, shareholders will pay a
reduced sales charge on purchases of Class A shares according to the following
table:
Dollar Amount of
Transaction Sales Charge
Less than $100,000 1.50%
$100,000 to less than $500,000 1.50%
$500,000 to less than $1,000,000 1.25%
$1,000,000 or more 0.00%
Purchases of $1,000,000 to $5,000,000 are subject to a 1.00% Early Withdrawal
Charge (calculated on the lesser of cost or market value) on redemptions within
18 months from the first day of the month following each purchase. The portion
of a purchase in excess of $5,000,000 will not be subject to the Early
Withdrawal Charge.
INT-36/310B-0500 May 1, 2000