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VAN KAMPEN AMERICAN CAPITAL
SUPPLEMENT DATED JANUARY 2, 1998 TO THE
STATEMENT OF ADDITIONAL INFORMATION DATED SEPTEMBER 28, 1997
VKAC GLOBAL GOVERNMENT SECURITIES FUND
STATEMENT OF ADDITIONAL INFORMATION DATED OCTOBER 28, 1997
VKAC HIGH YIELD FUND
VKAC STRATEGIC INCOME FUND
VKAC UTILITY FUND
STATEMENT OF ADDITIONAL INFORMATION DATED APRIL 30, 1997, AS PREVIOUSLY
SUPPLEMENTED ON JULY 21, 1997
VKAC GLOBAL MANAGED ASSETS FUND
VKAC HARBOR FUND
STATEMENT OF ADDITIONAL INFORMATION DATED APRIL 30, 1997, AS PREVIOUSLY
SUPPLEMENTED ON
JULY 21, 1997 AND AUGUST 15, 1997
VKAC LIMITED MATURITY GOVERNMENT FUND
The Distributor has entered into agreements with Merrill Lynch ("Merrill")
under which the Fund shall be offered pursuant to the Merrill Program. Trustees
and other fiduciaries of retirement plans seeking to invest in multiple fund
families through broker-dealer retirement plan alliance programs should contact
Merrill for further information concerning the Merrill Program including, but
not limited to, minimum size and operational requirements.
