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AIM ADVISOR FUNDS, INC.
Supplement dated February 20, 1998
to the Prospectus dated August 4, 1997,
as supplemented September 23, 1997
The following information replaces in its entirety the discussion
appearing under the heading "PORTFOLIO MANAGERS - REAL ESTATE FUND" on page 23
of the Prospectus.
"Joe V. Rodriguez, Jr. Director of Real Estate Securities and Portfolio
Portfolio Manager Manager, IRAI (1990 to present). Certified
Financial Planner. Mr. Rodriguez is assisted by a
team of portfolio managers, each of whom
specializes in different REIT sectors. He has
managed the REAL ESTATE FUND since its
commencement of operations on May 1, 1995.
Todd A. Johnston Portfolio Manager, IRAI (1995 to present),
Portfolio Manager formerly portfolio manager with IMR (1986 to
1995). Mr. Johnston has assisted in managing the
REAL ESTATE FUND since its commencement of
operations on May 1, 1995.
James W. Trowbridge Portfolio Manager, IRAI (1989 to present). Mr.
Portfolio Manager Trowbridge has assisted in managing the
REAL ESTATE FUND since its commencement of
operations on May 1, 1995."
