INVESCO INCOME FUNDS INC
497, 1999-02-08
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                            INVESCO BOND FUNDS, INC.
                          INVESCO Short-Term Bond Fund
                          
                            Supplement to Prospectus
                              Dated January 1, 1999





The section of the above named Fund's Prospectus entitled "Investment  Objective
And Strategy" is amended to add the following  paragraph  immediately  following
the fourth paragraph:

     When we believe market or economic  conditions  are adverse,  the Fund
     may assume a defensive position by temporarily  investing up to 100% of its
     assets in cash and debt  securities  having  maturities  of less than three
     years  at the  time of  issuance,  seeking  to  protect  its  assets  until
     conditions stabilize.

The date of this Supplement is February 1, 1999.







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