COLONIAL TRUST IV
497, 1997-10-07
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                  COLONIAL HIGH YIELD MUNICIPAL FUND
                                   
             Supplement to Prospectus dated March 31, 1997
                        Revised August 1, 1997
                                   
                                   

As of August 27, 1997, Peter Andersen no longer

serves as co-manager of the Fund.
                                   
                                   
                                   
                                   

HM-36/189E-0997                         October 7, 1997




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