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Supplement dated May 12, 1997 to GIT Income Trust Prospectus and Statement of Additional Information dated July 31, 1996 On May 12, 1997, the GIT Investment Funds family of mutual funds changed its name to Mosaic Funds. Accordingly, GIT Income Trust was renamed Mosaic Income Trust, the Government Portfolio was renamed Mosaic Government Fund and the Maximum Income Portfolio was renamed Mosaic High Yield Fund.
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