Supplement dated April 1, 1996 to GIT Income Trust
Prospectus Dated July 31, 1995
1. As of April 1, 1996, T. Daniel Gillespie, portfolio manager, joins
Charles J. Tennes as the individuals responsible for the management of the
Trust's portfolios. Mr. Tennes, executive vice president, who has been
assocaited with the Adviser since 1985, has been involved with the operation
of the Trust's portfolios since 1993. From 1991 until he joined the Adviser
in July 1994, Mr. Gillespie managed bond funds for the Rushmore Group of
Funds. Prior to his work for Rushmore, Mr. Gillespie gained experience with
Wheat First Securities.
2. Investors who purchase or redeem shares through a securities broker may be
charged a transaction fee by the broker for the handling of the transaction if
the broker so elects. Such charges are retained by the broker and not
transmitted to the Trust. However, investors may engage in any transaction
directly with the Trust to avoid such charges.
