<PAGE> 1
VAN KAMPEN AMERICAN CAPITAL
U.S. GOVERNMENT FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996, AS PREVIOUSLY SUPPLEMENTED ON JANUARY 2, 1997.
VAN KAMPEN AMERICAN CAPITAL
INSURED TAX FREE INCOME FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
CALIFORNIA INSURED TAX FREE FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
TAX FREE HIGH INCOME FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
MUNICIPAL INCOME FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
FLORIDA INSURED TAX FREE INCOME FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
NEW JERSEY TAX FREE INCOME FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
NEW YORK TAX FREE INCOME FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
COMSTOCK FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
ENTERPRISE FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
EQUITY INCOME FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
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VAN KAMPEN AMERICAN CAPITAL
GLOBAL MANAGED ASSETS FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
GOVERNMENT SECURITIES FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
GROWTH AND INCOME FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED MARCH 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
HARBOR FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
LIMITED MATURITY GOVERNMENT FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
REAL ESTATE SECURITIES FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
LIFE INVESTMENT TRUST
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED MARCH 6, 1996.
VAN KAMPEN AMERICAN CAPITAL
HIGH YIELD MUNICIPAL FUND
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED MARCH 29, 1996.
VAN KAMPEN AMERICAN CAPITAL
U.S. GOVERNMENT TRUST FOR INCOME
SUPPLEMENT DATED JANUARY 21, 1997, TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED JANUARY 30, 1996.
The section of the Statement of Additional Information describing the
Trustees and Officers is hereby updated by deleting Messrs. Hilsman, Miller,
Powell and Woodside who are no longer Trustees of the Fund and inserting the
following:
Messrs. Hilsman, Miller and Woodside retired from the Board of Trustees
effective December 31, 1996. Mr. Powell resigned from the Board of Trustees
on August 15, 1996.
