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 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 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
Prospectus Supplement
(Supplanting Supplement dated October 24, 1994)
On or about March 24, 1995, each of Colonial Management Associates,
Inc., Colonial Investment Services, Inc. and Colonial Investors
Service Center, Inc. became an indirect subsidiary of Liberty
Financial Companies, Inc., which in turn is a subsidiary of Liberty
Mutual Insurance Company. Therefore, John A. McNeice, Jr. is no
longer a controlling person.
D-790A-395
March 24, 1995
