COLONIAL UTILITIES FUND
Supplement to Prospectuses dated
April 1, 2000
Class A, B and C Shares
Class Z Shares
The first paragraph under the caption "Primary Investment Strategies" is revised
in its entirety as follows:
The Fund invests at least 65% of its assets in securities of utilities
companies. Up to 35% of the Fund's assets may be invested in equity securities
of non-utilities related companies. The Fund may invest up to 20% of its assets
in foreign utilities company securities.
759-36/335B-0500 May 12, 2000