Supplement to Prospectuses
SteinRoe Asia Pacific Fund
Stein Roe Balanced Fund
Stein Roe Capital Opportunities Fund
Stein Roe Disciplined Stock Fund
Stein Roe International Fund
Stein Roe Large Company Focus Fund
Stein Roe Midcap Growth Fund
Stein Roe Small Company Growth Fund
Stein Roe Young Investor Fund
Stein Roe Intermediate Bond
Fund Stein Roe Income Fund
Stein Roe High Yield Fund
Stein Roe Cash Reserves Fund
Stein Roe High Yield Municipals Fund
Stein Roe Intermediate Municipals Fund
Stein Roe Municipal Money Market Fund
Stein Roe Managed Municipals Fund
The section entitled "BY PHONE" under the heading "SELLING SHARES" is replaced
with the following:
BY PHONE: You may sell your shares by telephone and
request that a check be sent to your address of
record by calling 800-338-2550, unless you have
notified the Fund of an address change within the
previous 30 days. The dollar limit for telephone
redemptions is $100,000 in a 30-day period. This
feature is automatically added to your account
unless you decline it on your application.
September 1, 2000
S36-36/737C-0800
August 31, 2000
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Liberty-Stein Roe Funds Income Trust (the "Trust") Stein Roe Income Trust Stein
Roe Intermediate Bond Fund Stein Roe High Yield Fund Stein Roe Cash Reserves
Fund (the "Funds") File Nos. 811-4552 and 33-02633
Ladies and Gentlemen:
Pursuant to the requirements of Rule 497(e), submitted for filing via EDGAR is a
prospectus supplement dated September 1 2000, which is now being used in
connection with the public offering and sale of shares of the Funds. Please be
advised that the Funds' Prospectus, Statements of Additional Information and
Annual Reports (each of which was filed via EDGAR) have not been revised since
the date of the last filing.
Sincerely,
Liberty-Stein Roe Income Trust
/s/ Vincent Pietropaolo
Vincent Pietropaolo
Assistant Secretary
Enclosures
