COLONIAL HIGH YIELD SECURITIES FUND, COLONIAL INCOME FUND, COLONIAL STRATEGIC
INCOME FUND, COLONIAL GOVERNMENT MONEY MARKET FUND, COLONIAL U.S. GOVERNMENT
FUND, COLONIAL ADJUSTABLE RATE U.S. GOVERNMENT FUND, COLONIAL NEWPORT JAPAN
FUND, COLONIAL NEWPORT TIGER CUB FUND, COLONIAL GROWTH SHARES FUND, THE COLONIAL
FUND, COLONIAL FEDERAL SECURITIES FUND, COLONIAL GLOBAL EQUITY FUND, COLONIAL
GLOBAL NATURAL RESOURCES FUND, COLONIAL STRATEGIC BALANCED FUND, COLONIAL
INTERNATIONAL FUND FOR GROWTH, COLONIAL GLOBAL UTILITIES FUND, COLONIAL
TAX-EXEMPT FUND, COLONIAL TAX-EXEMPT INSURED FUND, COLONIAL MUNICIPAL MONEY
MARKET FUND, COLONIAL HIGH YIELD MUNICIPAL FUND, COLONIAL UTILITIES FUND,
COLONIAL INTERMEDIATE TAX-EXEMPT FUND, COLONIAL SHORT-TERM TAX-EXEMPT FUND,
COLONIAL MASSACHUSETTS TAX-EXEMPT FUND, COLONIAL MICHIGAN TAX-EXEMPT FUND,
COLONIAL MINNESOTA TAX-EXEMPT FUND, COLONIAL NEW YORK TAX-EXEMPT FUND, COLONIAL
OHIO TAX-EXEMPT FUND, COLONIAL CALIFORNIA TAX-EXEMPT FUND, COLONIAL CONNECTICUT
TAX-EXEMPT FUND, COLONIAL FLORIDA TAX-EXEMPT FUND, COLONIAL NORTH CAROLINA
TAX-EXEMPT FUND, COLONIAL U.S. FUND FOR GROWTH, COLONIAL SMALL STOCK FUND,
COLONIAL EQUITY INCOME FUND, COLONIAL INTERNATIONAL EQUITY FUND, COLONIAL
AGGRESSIVE GROWTH FUND, COLONIAL NEWPORT TIGER FUND
Supplement to the Statement of Additional Information
Effective immediately, the ability of investors to invest proceeds liquidated
from another mutual fund complex, or from a discretionary account, in the Class
A shares of any Colonial fund at a reduced or no initial sales charge is no
longer available.
D-956C-1196 November 8, 1996
