COLONIAL TRUST I, 497, 1997-07-10

COLONIAL TRUST I
497, 1997-07-10

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          COLONIAL HIGH YIELD SECURITIES FUND

  Supplement to Statement of Additional Information dated April 30, 1997

Recently,  the Fund's  Trustees  approved a name  change for the Fund's  Class D
shares and eliminated the Class D share initial sales charge.  The Fund's "Class
D" shares have been  renamed  "Class C" shares and any  reference  in the Fund's
Prospectus and Statement of Additional  Information to "Class D" shares is now a
reference  to "Class C"  shares.  Class C shares  are  described  in the  Fund's
Prospectus Supplement dated July 1, 1997.



HY-39/878D-0797                                               July 10, 1997