Supplement to the
John Hancock Income Funds Prospectus dated August 30, 1996
On page 6, the following sentence is added to the
High Yield Bond Fund's "Portfolio Securities" section:
The fund may also invest up to 20% of net assets in U.S. or foreign
equities.
On page 28, the sales compensation chart for Class B shares is revised for
Limited-Term Government Fund and Intermediate Maturity Government Fund ("the
Group 1 funds") as follows:
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
Class B investments
- --------------------------------------------------------------------------------
<S> <C> <C> <C>
Maximum
reallowance First year Maximum
or commission service fee total compensation
(% of offering price) (% of net investment) (% of offering price)
--------------------- --------------------- ---------------------
Group 1 funds
All amounts 2.25% 0.25% 2.50%
</TABLE>
INCPS 10/96
