May 15, 2000
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Colonial Trust I
Colonial Income Fund
Colonial Strategic Income Fund
File Nos. 811-2214 & 2-41251
Dear Sir/Madam:
Pursuant to the requirements of Rule 497(e), submitted for filing via EDGAR is
the form of Prospectus Supplement for each Fund dated May 1, 2000 now being used
in connection with the public offering and sale of shares of the Funds.
Sincerely,
COLONIAL TRUST I
Vincent Pietropaolo
Assistant Secratary
Enclosures
cc: M. Muller
Blue Sky
J. DiMaria
S. Richards
C. Ericson
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COLONIAL STRATEGIC INCOME FUND
Class Z and J Shares
COLONIAL INCOME FUND
Class A, B, C and Z Shares
Supplement to Prospectuses dated May 1, 2000
The Funds' Prospectuses are amended as follows:
Under the caption Primary Investment Strategies and the sentence which describes
how the Funds achieve their investment goals, the four bullet points describing
the securities ratings in which the Funds may invest are revised as follows:
o BB through C by Standard & Poor's Corporation
o Ba through D by Moody's Investors Service, Inc.
o a comparable rating by another nationally recognized rating service, or
o the security is unrated and the advisor believes it to be comparable in
quality to securities having such ratings as noted above.
716-36/441B-0500 May 15, 2000