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VAN KAMPEN CORPORATE BOND FUND
VAN KAMPEN HIGH INCOME CORPORATE BOND FUND
SUPPLEMENT DATED APRIL 28, 2000 TO THE
PROSPECTUS DATED DECEMBER 29, 1999
The Prospectus is hereby supplemented as follows:
(1) The information on the inside back cover of the Prospectus under the
heading "BOARD OF TRUSTEES AND OFFICERS--BOARD OF TRUSTEES" is hereby amended by
deleting Paul G. Yovovich, effective April 14, 2000.
(2) The information on the inside back cover of the Prospectus under the
heading "BOARD OF TRUSTEES AND OFFICERS--OFFICERS" is hereby amended by deleting
all information pertaining to Curtis W. Morell* and Tanya M. Loden*, effective
January 31, 2000, Dennis J. McDonnell*, effective March 31, 2000, and by
deleting and replacing Stephen L. Boyd's title of Vice President with Executive
Vice President and Chief Investment Officer and Edward C. Wood, III*, Vice
President, with John H. Zimmermann, III*, Vice President, effective April 17,
2000.
RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
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VAN KAMPEN CORPORATE BOND FUND
VAN KAMPEN HIGH INCOME CORPORATE BOND FUND
SUPPLEMENT DATED APRIL 28, 2000 TO THE
STATEMENT OF ADDITIONAL INFORMATION DATED DECEMBER 29, 1999,
SUPERCEDING THE SUPPLEMENT DATED JANUARY 18, 2000
The Statement of Additional Information is hereby supplemented as follows:
(1) The section entitled "TRUSTEES AND OFFICERS" is hereby amended by
deleting all information pertaining to Paul G. Yovovich, effective April 14,
2000.
(2) The section entitled "TRUSTEES AND OFFICERS--OFFICERS" is hereby
amended by deleting all information pertaining to Curtis W. Morell and Tanya M.
Loden, effective January 31, 2000, Dennis J. McDonnell, effective March 31,
2000, and Edward C. Wood, III and Stephen L. Boyd, effective April 17, 2000, and
by adding the following:
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Stephen L. Boyd........................... Executive Vice President and Chief Investment Officer of
Date of Birth: 11/16/40 Van Kampen Investments, and President and Chief Operating
Executive Vice President and Officer of the Advisers. Executive Vice President and
Chief Investment Officer Chief Investment Officer of each of the funds in the Fund
Complex and certain other investment companies advised by
the Advisers or their affiliates. Prior to April 2000,
Vice President and Chief Investment Officer of the
Advisers. Prior to October 1998, Vice President and
Senior Portfolio Manager with AIM Capital Management,
Inc. Prior to February 1998, Senior Vice President and
Portfolio Manager of Van Kampen American Capital Asset
Management, Inc., Van Kampen American Capital Investment
Advisory Corp. and Van Kampen American Capital
Management, Inc.
John H. Zimmermann, III................... Senior Vice President and Director of Van Kampen
Date of Birth: 11/25/57 Investments, President and Director of the Distributor
Vice President and President of Van Kampen Insurance Agency of Illinois
Inc. Vice President of each of the funds in the Fund
Complex. From November 1992 to December 1997, Senior Vice
President of the Distributor.
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(3) The footnote to the "CLASS A SHARES SALES CHARGE TABLE" at the end of
the second paragraph in the section entitled "DISTRIBUTION AND SERVICE" is
hereby deleted in its entirety and replaced with the following:
* No sales charge is payable at the time of purchase on investments of
$1 million or more, although the Fund may impose a contingent deferred
sales charge of 1.00% on certain redemptions made within one year of
purchase. A commission or transaction fee will be paid by the Distributor
at the time of purchase directly out of the Distributor's assets (and not
out of the Fund's assets) to authorized dealers who initiate and are
responsible for purchases of $1 million or more computed on a percentage of
the dollar value of such shares sold as follows: 1.00% on sales to $2
million, plus 0.80% on the next $1 million and 0.50% on the excess over $3
million. For single purchases of $20 million or more by an individual
retail investor the Distributor will pay, at the time of purchase and
directly out of the Distributor's assets (and not out of the Fund's
assets), a commission or transaction fee of 1.00% to authorized dealers who
initiate and are responsible for such purchases. The commission or
transaction fee of 1.00% will be computed on a percentage of the dollar
value of such shares sold.
