SUNAMERICA INCOME FUNDS
Supplement to the Prospectus dated July 28, 2000
Under the section entitled "SALES CHARGE REDUCTIONS AND
WAIVERS" on page 12 of the Prospectus, the first paragraph should
be replaced in its entirety with the following:
WAIVERS FOR CERTAIN INVESTORS. Various individuals and
institutions may purchase CLASS A shares without front-end sales
charges, including:
financial planners, institutions, broker-dealer
representatives or registered investment advisers
utilizing Fund shares in fee-based investment products
under an agreement with the Distributor (this waiver may
also apply to front-end sales charges of Class II shares)
participants in certain retirement plans that meet
applicable conditions
Fund Trustees and other individuals, and their
families, who are affiliated with the Fund or any Fund
distributed by SunAmerica Capital Services, Inc.
selling brokers and their employees and sales
representatives and their families
We will generally waive the CDSC for CLASS B or CLASS II shares
in the following cases:
within one year of the shareholder's death or becoming
disabled
taxable distributions or loans to participants made by
qualified retirement plans or retirement accounts (not
including rollovers) for which SunAmerica Funds
Services, Inc. serves as a fiduciary and in which the
plan participant or accountholder has attained the age
of 591/2 at the time the redemption is made
Fund Trustees and other individuals who are affiliated
with the Fund or any Fund distributed by SunAmerica
Capital Services, Inc.
to make payments through the Systematic Withdrawal Plan
(subject to certain conditions)
Dated: October 2, 2000
