COLONIAL CALIFORNIA TAX-EXEMPT FUND
COLONIAL CONNECTICUT TAX-EXEMPT FUND
COLONIAL FLORIDA TAX-EXEMPT FUND
COLONIAL MASSACHUSETTS TAX-EXEMPT FUND
COLONIAL MICHIGAN TAX-EXEMPT FUND
COLONIAL MINNESOTA TAX-EXEMPT FUND
COLONIAL NEW YORK TAX-EXEMPT FUND
COLONIAL NORTH CAROLINA TAX-EXEMPT FUND
COLONIAL OHIO TAX-EXEMPT FUND
Class A, B and C Shares
Supplement to Prospectus dated June 1, 2000
The caption "Distribution and Service Fees" is revised in its entirety as
follows:
distribution and service fees
--------------------------------------------------------------------------
Each Fund has adopted a plan under Rule 12b-1 that permits it to pay marketing
and other fees to support the sale and distribution of Class A, B and C shares
and the services provided to you by your financial advisor. The annual service
fee may equal up to 0.10% for Class A shares outstanding prior to November 30,
1994 and 0.25% for Class A shares thereafter. The annual distribution fee and
service fee may equal up to 0.75% and 0.25%, respectively, for each of Class B
and Class C shares. Distribution and service fees are paid out of the assets of
these classes. The distributor has voluntarily agreed to waive a portion of each
Fund's Class C share distribution fee so that it does not exceed 0.45% annually.
Over time, these fees will increase the cost of your shares and may cost you
more than paying other types of sales charges.
CST-36/975B-0600 June 23, 2000
