COLONIAL HIGH YIELD SECURITIES FUND
COLONIAL INCOME FUND
COLONIAL STRATEGIC INCOME FUND
COLONIAL TAX-MANAGED GROWTH FUND
COLONIAL GOVERNMENT MONEY
MARKET FUND
COLONIAL INTERMEDIATE U.S.
GOVERNMENT FUND
COLONIAL SHORT DURATION U.S.
GOVERNMENT FUND
COLONIAL NEWPORT TIGER CUB FUND
NEWPORT GREATER CHINA FUND
NEWPORT JAPAN OPPORTUNITIES FUND
COLONIAL SELECT VALUE FUND
THE COLONIAL FUND
COLONIAL FEDERAL SECURITIES FUND
COLONIAL GLOBAL EQUITY FUND
COLONIAL INTERNATIONAL HORIZONS FUND
COLONIAL STRATEGIC BALANCED FUND
COLONIAL GLOBAL UTILITIES FUND
COLONIAL UTILITIES FUND
COLONIAL INTERNATIONAL
FUND FOR GROWTH
COLONIAL U.S. STOCK FUND
COLONIAL SMALL CAP VALUE FUND
COLONIAL NEWPORT TIGER FUND
Supplement to Prospectuses
During the period January 2, 1998 through April 15, 1998 (Sales
Period), unless extended by Liberty Financial Investments, Inc.
(Distributor), the Distributor will pay to A.G. Edwards & Sons, Inc.
(A.G. Edwards) additional commissions on sales of Class A and Class B
shares of the Funds listed above for investment in accounts in any
Colonial self-directed or prototype IRA, SEP IRA, SARSEP, Roth IRA and
SIMPLE IRA. The Distributor will pay to A.G. Edwards 100% of the
applicable Class A sales charge and an additional commission equal to
0.50% of the net asset value of Class B shares sold during the Sales
Period for investment in the retirement accounts referenced above.
IR-43/698E-0198 January 15, 1998
