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AIM STRATEGIC INCOME FUND
CLASS A, CLASS B AND CLASS C SHARES
Supplement dated February 11, 2000 to the
Prospectus dated March 1, 1999, as revised October 25, 1999
as supplemented November 29, 1999, January 6, 2000 and January 24, 2000
This supplement supersedes and replaces in its entirety the supplements dated
January 6, 2000 and January 24, 2000.
The seventh paragraph appearing under the heading "PRINCIPAL RISKS OF INVESTING
IN THE FUND" on page 2 of the prospectus is deleted in its entirety.
The following replaces in its entirety the paragraph appearing under the
heading "PERFORMANCE INFORMATION" on page 3 of the prospectus:
"The bar chart and table shown below provide an indication of the
risks of investing in the fund. The fund's past performance is not
necessarily an indication of its future performance."
The following information replaces in its entirety the table under the heading
"FEE TABLE AND EXPENSE EXAMPLE - ANNUAL FUND OPERATING EXPENSES" on page 4 of
the Prospectus:
"ANNUAL FUND OPERATING EXPENSES
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(expenses that are deducted
from fund assets) CLASS A CLASS B CLASS C
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Management Fees 0.73% 0.73% 0.73%
Distribution and/or
Service (12b-1) Fees 0.35 1.00 1.00
Other Expenses 0.48 0.48 0.48
Total Annual Fund
Operating Expenses 1.56 2.21 2.21
Fee Waiver and
Reimbursement(2) 0.51 0.51 0.51
Net Expenses 1.05% 1.70% 1.70%
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(1) If you buy $1,000,000 or more of Class A shares and redeem
these shares within 18 months from the date of purchase, you
may pay a 1% contingent deferred sales charge (CDSC) at the
time of redemption.
(2) Fee waiver has been restated to reflect current agreement.
The investment advisor has contractually agreed to limit
Total Annual Fund Operating Expenses (excluding interest,
taxes, dividends on short sales and extraordinary expenses)
on Class A, Class B and Class C shares to 1.05%, 1.70% and
1.70%, respectively."
The following replaces in its entirety the second paragraph appearing under the
heading "FEE TABLE AND EXPENSE EXAMPLE - EXPENSE EXAMPLE" on page 4 of the
Prospectus:
"The example assumes that you invest $10,000 in the fund for the time
periods indicated and then redeem all of your shares at the end of
those periods. The example also assumes that your investment has a 5%
return each year and that the fund's operating expenses remain the
same. To the extent fees are waived or expenses
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reimbursed, expenses will be lower. Although your actual returns and
costs may be higher or lower, based on these assumptions your costs
would be:"
The following replaces in its entirety the section appearing under the heading
"FUND MANAGEMENT - THE ADVISORS" on page 5 of the Prospectus:
"THE ADVISOR
A I M Advisors, Inc. (the advisor) serves as the fund's investment
advisor. The advisor is located at 11 Greenway Plaza, Suite 100,
Houston, Texas 77046-1173. The advisor supervises all aspects of the
fund's operations and provides investment advisory services to the
fund, including obtaining and evaluating economic, statistical and
financial information to formulate and implement investment programs
for the fund.
The advisor has acted as an investment advisor since its organization
in 1976. Today, the advisor, together with its subsidiaries, advises
or manages over 120 investment portfolios, including the fund,
encompassing a broad range of investment objectives."
Effective as of the close of business February 11, 2000, the following replaces
in its entirety the information appearing under the heading "FUND
MANAGEMENT-PORTFOLIO MANAGERS" on page 5 of the Prospectus:
"The advisor uses a team approach to investment management. The
individual members of the team who are primarily responsible for the
day-to-day management of the fund's portfolio, all of whom are
officers of A I M Capital Management, Inc., a wholly owned subsidiary
of the advisor, are
o Robert G. Alley, Senior Portfolio Manager, who has been
responsible for the fund since 2000 and has been associated with
the advisor and/or its affiliates since 1992.
o Jan H. Friedli, Portfolio Manager, who has been responsible for
the fund since 2000 and has been associated with the advisor
and/or its affiliates since 1999. From 1997 to 1999, he was
global fixed-income portfolio manager for Nicholas-Applegate
Capital Management. From 1994 to 1997, he was international
fixed-income trader and analyst for Strong Capital Management.
o Carolyn L. Gibbs, Senior Portfolio Manager, who has been
responsible for the fund since 2000 and has been associated with
the advisor and/or its affiliates since 1992.
o Scot W. Johnson, Portfolio Manager, who has been responsible for
the fund since 2000 and has been associated with the advisor
and/or its affiliates since 1994.
o Eric J. Peyton, Portfolio Manager, who has been responsible for
the fund since 2000 and has been associated with the advisor
and/or its affiliates since 1998. From 1993 to 1998, he was an
equity derivative trader for Cargill Financial Markets.
o Kevin E. Rogers, Senior Portfolio Manager, who has been
responsible for the fund since 2000 and has been associated with
the advisor and/or its affiliates since 1991."
The fourth paragraph appearing under the heading "FINANCIAL HIGHLIGHTS" on page
6 of the prospectus is deleted in its entirety.
