June 29, 2000
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Liberty Funds Trust I
Colonial High Yield Securities Fund
Colonial Income Fund
Colonial Strategic Income Fund
Stein Roe Advisor Tax-Managed Growth Fund
Stein Roe Advisor Tax-Managed Growth Fund II
Stein Roe Advisor Tax-Managed Value Fund
Registration File Nos. 2-41251 & 811-2214
Liberty Funds Trust II
Colonial Money Market Fund
Colonial Intermediate U.S. Government Fund
Colonial Short Duration U.S. Government Fund
Newport Greater China Fund
Registration File Nos. 2-66976 & 811-3009
Liberty Funds Trust III
Colonial Select Value Fund
The Colonial Fund
Colonial Federal Securities Fund
Colonial International Horizons Fund
Colonial Global Equity Fund
Colonial Strategic Balanced Fund
Colonial Global Utilities Fund
Crabbe Huson Small Cap Fund
The Crabbe Huson Special Fund
Crabbe Huson Equity Fund
Crabbe Huson Managed Income & Equity Fund
Crabbe Huson Real Estate Investment Fund
Crabbe Huson Contrarian Income Fund
Crabbe Huson Oregon Tax-Free Fund
Crabbe Huson Contrarian Fund
Registration File Nos. 2-15184 & 811-881
Liberty Funds Trust IV
Colonial Tax-Exempt Fund
Colonial Tax-Exempt Insured Fund
Colonial High Yield Municipal Fund
Colonial Municipal Money Market Fund
Colonial Utilities Fund
Colonial Intermediate Tax-Exempt Fund
Colonial Counselor Select Income Portfolio
Colonial Counselor Select Growth Portfolio
Colonial Counselor Select Balanced Portfolio
Registration File Nos. 2-62492 & 811-2865
Liberty Funds Trust V
Colonial California Tax-Exempt Fund
Colonial Connecticut Tax-Exempt Fund
Colonial Florida 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 North Carolina Tax-Exempt Fund
Colonial Ohio Tax-Exempt Fund
Registration File Nos. 33-12109 & 811-5030
Liberty Funds Trust VI
Colonial U.S. Growth & Income Fund
Colonial Small Cap Value Fund
Colonial Value Fund
Newport Asia Pacific Fund
Registration File Nos. 33-45117 & 811-6529
Liberty Funds Trust VII
Newport Tiger Fund
Newport Europe Fund
Registration File Nos. 33-41559 & 811-6347
Stein Roe Advisor Floating Rate Advantage Fund
Registration File Nos. 333-91637 & 811-9709
Colonial Investment Grade Bond Fund
Registration File Nos. 999-91385 & 811-9701
Stein Roe Advisor Floating Rate Fund
Registration File Nos. 333-61751 & 811-08953
Liberty-Stein Roe Advisor Trust
Stein Roe Advisor Growth Stock Fund
Stein Roe Advisor Intermediate Bond Fund
Stein Roe Advisor Young Investor Fund
Registration File Nos. 333-17255 & 811-07955
Liberty-Stein Roe Funds Investment Trust
Stein Roe Advisor Select Growth & Income Fund
Stein Roe Advisor Growth Investor Fund
Registration File Nos. 33-11351 & 811-4978
Dear Sir/Madam:
Pursuant to the requirements of Rule 497(e), submitted for filing via EDGAR is
the form of Prospectus Supplement dated June 23, 2000 now being used in
connection with the public offering and sale of shares of the Funds.
<PAGE>
Sincerely,
LIBERTY FUNDS TRUSTS I THROUGH VII
COLONIAL INVESTMENT GRADE BOND FUND
LIBERTY-STEIN ROE ADVISOR TRUST
LIBERTY-STEIN ROE FUNDS INVESTMENT TRUST
STEIN ROE ADVISOR FLOATING RATE FUND
STEIN ROE ADVISOR FLOATING RATE ADVANTAGE FUND
Tracy S. DiRienzo
Assistant Secretary
Enclosures
cc: Mary Muller (Ropes & Gray) Mike Rega
Joe DiMaria (PWC) John Lennon
Shaun Real (E&Y) Peter Wiley
Deborah Young(2) Ann Peterson
Linda DiSilva Mark Stoeckle
Blue Sky Scott Schermerhorn
Richard Stevens Gary Swayze
Carl Ericson David Pope
Scott Richards Tim Tuttle
Leslie Finnemore Chris Legallet
Ann Peterson David Smith
Mike Bissonnette Chris Leggallet
Laura Ostrander Charles Roberts
Bill Loring Michael Ellis
Brian Hartford Ophelia Barsketis
Maureen Newman Deb Jansen
Jim Haynie Deborah Snee
Mel Hughes Jane Naeseth
Veronica Wallace Michael Kennedy
Harvey Hirschhorn Brian Good
Jim Fellows John Johnson
Jim Crabbe Mike Stokes
Bob Anton John Maack
Garth Nisbet Jeffrey Huffman
Paul Rocheleau Chris Carabell
Lynda Couch Bill Parmentier
Dan Cantor Jeff Kinzel
Erik Gustafson Dave Brady
Mike Farmer
<PAGE>
LIBERTY FUNDS GROUP
Supplement to Prospectuses and Statements of Additional Information
Effective July 14, 2000, the following Funds in the Liberty Funds Group will
change their names as follows:
<TABLE>
<CAPTION>
Current Fund Name New Fund Name
<S> <C>
Colonial Federal Securities Fund Liberty Federal Securities Fund
The Colonial Fund The Liberty Fund
Colonial Global Equity Fund Liberty Newport Global Equity Fund
Colonial Global Utilities Fund Liberty Newport Global Utilities Fund
Colonial High Yield Municipal Fund Liberty High Yield Municipal Fund
Colonial High Yield Securities Fund Liberty High Yield Securities Fund
Colonial Income Fund Liberty Income Fund
Colonial Intermediate Tax-Exempt Fund Liberty Intermediate Tax-Exempt Fund
Colonial Intermediate U.S. Government Fund Liberty Intermediate Government Fund
Colonial International Horizons Fund Liberty Newport International Equity Fund
Colonial Investment Grade Bond Fund Liberty Investment Grade Bond Fund
Colonial Money Market Fund Liberty Money Market Fund
Colonial Municipal Money Market Fund Liberty Tax-Exempt Money Market Fund
Colonial California Tax-Exempt Fund Liberty California Tax-Exempt Fund
Colonial Connecticut Tax-Exempt Fund Liberty Connecticut Tax-Exempt Fund
Colonial Florida Tax-Exempt Fund Liberty Florida Tax-Exempt Fund
Colonial Massachusetts Tax-Exempt Fund Liberty Massachusetts Tax-Exempt Fund
Colonial Michigan Tax-Exempt Fund Liberty Michigan Tax-Exempt Fund
Colonial Minnesota Tax-Exempt Fund Liberty Minnesota Tax-Exempt Fund
Colonial New York Tax-Exempt Fund Liberty New York Tax-Exempt Fund
Colonial North Carolina Tax-Exempt Fund Liberty North Carolina Tax-Exempt Fund
Colonial Ohio Tax-Exempt Fund Liberty Ohio Tax-Exempt Fund
Colonial Select Value Fund Liberty Select Value Fund
Colonial Short Duration U.S. Government Fund Liberty Short Term Government Fund
Colonial Small Cap Value Fund Liberty Small-Cap Value Fund
Colonial Strategic Balanced Fund Liberty Strategic Balanced Fund
Colonial Strategic Income Fund Liberty Strategic Income Fund
Colonial Tax-Exempt Fund Liberty Tax-Exempt Fund
Colonial Tax-Exempt Insured Fund Liberty Tax-Exempt Insured Fund
Colonial U.S. Growth & Income Fund Liberty Growth & Income Fund
Colonial Utilities Fund Liberty Utilities Fund
Colonial Value Fund Liberty Value Fund
Counselor Select Income Portfolio Liberty Counselor Income Portfolio
Counselor Select Balanced Portfolio Liberty Counselor Balanced Portfolio
Counselor Select Growth Portfolio Liberty Counselor Growth Portfolio
Crabbe Huson Contrarian Fund Liberty Contrarian Fund
Crabbe Huson Contrarian Income Fund Liberty Contrarian Income Fund
Crabbe Huson Equity Fund Liberty Contrarian Equity Fund
Crabbe Huson Managed Income and Equity Fund Liberty Contrarian Balanced Fund
Crabbe Huson Real Estate Investment Fund Liberty Real Estate Fund
Crabbe Huson Oregon Tax-Free Fund Liberty Oregon Tax-Free Fund
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Current Fund Name New Fund Name
<S> <C>
Crabbe Huson Small Cap Fund Liberty Contrarian Small-Cap Fund
Crabbe Huson Special Fund Liberty Special Fund
Newport Asia Pacific Fund Liberty Newport Asia Pacific Fund
Newport Europe Fund Liberty Newport Europe Fund
Newport Greater China Fund Liberty Newport Greater China Fund
Newport Tiger Fund Liberty Newport Tiger Fund
Stein Roe Advisor Floating Rate Fund Liberty Floating Rate Fund
Stein Roe Advisor Floating Rate Advantage Fund Liberty Floating Rate Advantage Fund
Stein Roe Advisor Growth Investor Fund Liberty Growth Investor Fund
Stein Roe Advisor Growth Stock Fund Liberty Growth Stock Fund
Stein Roe Advisor Select Growth & Income Fund Liberty Value Opportunities Fund
Stein Roe Advisor Tax-Managed Growth Fund Liberty Tax-Managed Growth Fund
Stein Roe Advisor Tax-Managed Value Fund Liberty Tax-Managed Value Fund
Stein Roe Advisor Tax-Managed Growth Fund II Liberty Tax-Managed Growth Fund II
Stein Roe Advisor Intermediate Bond Fund Liberty Intermediate Bond Fund
Stein Roe Advisor Young Investor Fund Liberty Young Investor Fund
</TABLE>
G-36/677B-0500 June 23, 2000
