SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section
14(a) of the Securities Exchange Act of 1934
Filed by the Registrant [ X ]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, For Use of the Commission Only (as permitted by
Rule 14a-6(e)(2))
[ X ] Definitive Proxy Statement
[ ] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
COLONIAL HIGH INCOME MUNICIPAL TRUST
------------------------------------------
(Name of Registrant as Specified In Its Charter)
------------------------------------------
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[ X ] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
1) Title of each class of securities to which transaction applies:
2) Aggregate number of securities to which transaction applies:
3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):
4) Proposed maximum aggregate value of transaction:
5) Total fee paid:
<PAGE>
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration
statement number, or the form or schedule and the date of its filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No.:
3) Filing Party:
4) Date Filed:
<PAGE>
SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section
14(a) of the Securities Exchange Act of 1934
Filed by the Registrant [ X ]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, For Use of the Commission Only (as permitted by
Rule 14a-6(e)(2))
[ X ] Definitive Proxy Statement
[ ] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
COLONIAL INVESTMENT GRADE MUNICIPAL TRUST
------------------------------------------
(Name of Registrant as Specified In Its Charter)
------------------------------------------
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[ X ] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
1) Title of each class of securities to which transaction applies:
2) Aggregate number of securities to which transaction applies:
3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):
4) Proposed maximum aggregate value of transaction:
5) Total fee paid:
<PAGE>
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration
statement number, or the form or schedule and the date of its filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No.:
3) Filing Party:
4) Date Filed:
<PAGE>
SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section
14(a) of the Securities Exchange Act of 1934
Filed by the Registrant [ X ]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, For Use of the Commission Only (as permitted by Rule
14a-6(e)(2))
[ X ] Definitive Proxy Statement
[ ] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
COLONIAL INTERMARKET INCOME TRUST I
------------------------------------------
(Name of Registrant as Specified In Its Charter)
------------------------------------------
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[ X ] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
1) Title of each class of securities to which transaction applies:
2) Aggregate number of securities to which transaction applies:
3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):
4) Proposed maximum aggregate value of transaction:
5) Total fee paid:
<PAGE>
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration
statement number, or the form or schedule and the date of its filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No.:
3) Filing Party:
4) Date Filed:
<PAGE>
SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section
14(a) of the Securities Exchange Act of 1934
Filed by the Registrant [ X ]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, For Use of the Commission Only (as permitted by Rule
14a-6(e)(2))
[ X ] Definitive Proxy Statement
[ ] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
COLONIAL CALIFORNIA INSURED MUNICIPAL FUND
------------------------------------------
(Name of Registrant as Specified In Its Charter)
------------------------------------------
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[ X ] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
1) Title of each class of securities to which transaction applies:
2) Aggregate number of securities to which transaction applies:
3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):
4) Proposed maximum aggregate value of transaction:
5) Total fee paid:
<PAGE>
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration
statement number, or the form or schedule and the date of its filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No.:
3) Filing Party:
4) Date Filed:
<PAGE>
SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section
14(a) of the Securities Exchange Act of 1934
Filed by the Registrant [ X ]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, For Use of the Commission Only (as permitted by
Rule 14a-6(e)(2))
[ X ] Definitive Proxy Statement
[ ] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
COLONIAL INSURED MUNICIPAL FUND
------------------------------------------
(Name of Registrant as Specified In Its Charter)
------------------------------------------
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[ X ] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
1) Title of each class of securities to which transaction applies:
2) Aggregate number of securities to which transaction applies:
3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):
4) Proposed maximum aggregate value of transaction:
5) Total fee paid:
<PAGE>
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration
statement number, or the form or schedule and the date of its filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No.:
3) Filing Party:
4) Date Filed:
<PAGE>
SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section
14(a) of the Securities Exchange Act of 1934
Filed by the Registrant [ X ]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, For Use of the Commission Only (as permitted by
Rule 14a-6(e)(2))
[ X ] Definitive Proxy Statement
[ ] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
COLONIAL NEW YORK INSURED MUNICIPAL FUND
------------------------------------------
(Name of Registrant as Specified In Its Charter)
------------------------------------------
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[ X ] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
1) Title of each class of securities to which transaction applies:
2) Aggregate number of securities to which transaction applies:
3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):
4) Proposed maximum aggregate value of transaction:
5) Total fee paid:
<PAGE>
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration
statement number, or the form or schedule and the date of its filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No.:
3) Filing Party:
4) Date Filed:
<PAGE>
COLONIAL HIGH INCOME MUNICIPAL TRUST
COLONIAL INVESTMENT GRADE MUNICIPAL TRUST
COLONIAL INTERMARKET INCOME TRUST I
COLONIAL CALIFORNIA INSURED MUNICIPAL FUND
COLONIAL INSURED MUNICIPAL FUND
COLONIAL NEW YORK INSURED MUNICIPAL FUND
ONE FINANCIAL CENTER, BOSTON, MASSACHUSETTS 02111
(617) 426-3750
Dear Shareholder:
Each of the above-listed funds (Funds) will hold its Annual Meeting of
Shareholders (Meeting) on May 24, 2000, at 10:00 a.m., Eastern time, at the
offices of Colonial Management Associates, Inc., the investment advisor to each
of the Funds. A formal Notice of Annual Meetings of Shareholders appears on the
next page, followed by the proxy statement which explains in more detail the
proposals to be considered. We hope that you can attend the Meetings in person;
however, we urge you in any event to vote your shares at your earliest
convenience.
YOUR VOTE IS IMPORTANT, REGARDLESS OF THE NUMBER OF SHARES YOU OWN. PLEASE
HELP YOUR FUND AVOID THE EXPENSE OF A FOLLOW-UP MAILING BY VOTING TODAY!
Please take a few moments to review the details of each proposal. We
appreciate your participation and prompt response in these matters, and thank
you for your continued support.
Sincerely,
/s/ Stephen E. Gibson
Stephen E. Gibson, President
April 21, 2000
G-60/059B-0400
<PAGE>
COLONIAL HIGH INCOME MUNICIPAL TRUST
COLONIAL INVESTMENT GRADE MUNICIPAL TRUST
COLONIAL INTERMARKET INCOME TRUST I
COLONIAL CALIFORNIA INSURED MUNICIPAL FUND
COLONIAL INSURED MUNICIPAL FUND
COLONIAL NEW YORK INSURED MUNICIPAL FUND
One Financial Center, Boston, Massachusetts 02111
(617) 426-3750
NOTICE OF ANNUAL MEETINGS OF SHAREHOLDERS
TO BE HELD MAY 24, 2000
Dear Shareholder:
Annual Meetings of Shareholders (Meetings) of the above-listed funds
will be held at the offices of Colonial Management Associates, Inc. (Advisor),
One Financial Center, Boston, Massachusetts, on Wednesday, May 24, 2000, at
10:00 a.m., Eastern time. The purpose of the Meetings is to consider and act
upon the following proposals and to transact such other business as may properly
come before the Meetings or any adjournment thereof:
1. Elect Trustees as outlined below;
1.A. Colonial High Income Municipal Trust:
(i) Three Trustees to be elected by the holders of Common Shares
and Municipal Auction Rate Cumulative Preferred Shares
(Preferred Shares), voting together as a single class; and
(ii) Two Trustees to be elected by the holders of Preferred
Shares only, voting as a single class.
1.B. Colonial Investment Grade Municipal Trust:
(i) Four Trustees to be elected by the holders of Common Shares
and Preferred Shares, voting together as a single class; and
(ii) Two Trustees to be elected by the holders of Preferred
Shares only, voting as a single class.
1.C. Colonial InterMarket Income Trust I: Elect five Trustees.
1
<PAGE>
1.D. Colonial California Insured Municipal Fund:
(i) Nine Trustees to be elected by the holders of Common Shares
and Preferred Shares, voting together as a single class; and
(ii) Two Trustees to be elected by the holders of Preferred
Shares only, voting as a single class.
1.E. Colonial Insured Municipal Fund:
(i) Nine Trustees to be elected by the holders of Common Shares
and Preferred Shares, voting together as a single class; and
(ii) Two Trustees to be elected by the holders of Preferred
Shares only, voting as a single class.
1.F. Colonial New York Insured Municipal Fund:
(i) Nine Trustees to be elected by the holders of Common Shares
and Preferred Shares, voting together as a single class; and
(ii) Two Trustees to be elected by the holders of Preferred
Shares only, voting as a single class.
2. Ratify the selection of independent accountants; and
3. Transact such other business as may properly come before the Meetings
or any adjournment thereof.
By order of the Trustees,
Nancy L. Conlin, Secretary
April 21, 2000
NOTICE: YOUR VOTE IS IMPORTANT, REGARDLESS OF THE NUMBER OF SHARES YOU OWN.
IF A QUORUM IS NOT PRESENT AT ANY MEETING, ADDITIONAL EXPENSES WILL BE INCURRED
TO SOLICIT ADDITIONAL PROXIES. TO AVOID THESE COSTS TO YOUR FUND, PLEASE VOTE,
SIGN AND RETURN YOUR PROXY IN THE ENCLOSED POSTAGE-PAID ENVELOPE IMMEDIATELY.
2
<PAGE>
COLONIAL HIGH INCOME MUNICIPAL TRUST
COLONIAL INVESTMENT GRADE MUNICIPAL TRUST
COLONIAL INTERMARKET INCOME TRUST I
COLONIAL CALIFORNIA INSURED MUNICIPAL FUND
COLONIAL INSURED MUNICIPAL FUND
COLONIAL NEW YORK INSURED MUNICIPAL FUND
PROXY STATEMENT
General Information
April 21, 2000
The enclosed proxy, which was first mailed on or about April 21, 2000,
is solicited by the Trustees of the above-listed funds (Funds) for use at the
Meetings. All properly executed proxies received in time for the Meetings will
be voted as specified in the proxy or, if no specification is made, in favor of
each proposal referred to in the Proxy Statement. The proxy may be revoked prior
to its exercise by a later dated proxy, by written revocation received by the
Secretary or by voting in person.
Solicitation of proxies may be made by mail, telephone, telegraph,
telecopy and personal interviews. Authorization to execute proxies may be
obtained by telephonically or electronically transmitted instructions. The Funds
will bear the cost of solicitation which includes the printing and mailing of
proxy materials and the tabulation of votes. By voting as soon as you receive
your proxy materials, you will help to reduce the cost of any additional
mailings.
With respect to Colonial High Income Municipal Trust, Colonial
Investment Grade Municipal Trust, and Colonial InterMarket Income Trust I,
holders of a majority of the shares outstanding and entitled to vote constitute
a quorum and must be present in person or represented by proxy for business to
be transacted at a Meeting; provided, however, that with respect to the election
of certain Trustees by the holders of the Municipal Auction Rate Cumulative
Preferred Shares (Preferred Shares) only, a majority of the aggregate number of
Preferred Shares outstanding and entitled to vote shall be necessary to
constitute a quorum for the transaction of business. With respect to Colonial
California Insured Municipal Fund, Colonial Insured Municipal Fund, and
Colonial New York Insured Municipal Fund, holders of 30% of the shares
outstanding and
3
<PAGE>
entitled to vote constitute a quorum and must be present in person or
represented by proxy for business to be transacted at a Meeting; provided,
however, that with respect to the election of certain Trustees by the holders of
the Preferred Shares only, a majority of the aggregate number of Preferred
Shares outstanding and entitled to vote shall be necessary to constitute a
quorum for the transaction of business. On March 1, 2000, the Funds had
outstanding the following shares of beneficial interest:
<TABLE>
<CAPTION>
- - - --------------------------------------------------------------------------------
COMMON PREFERRED
FUND SHARES SHARES
- - - --------------------------------------------------------------------------------
<S> <C> <C>
Colonial High Income Municipal Trust (CHIMT) 31,078,028 4,800*
- - - --------------------------------------------------------------------------------
Colonial Investment Grade Municipal Trust 11,509,000 2,400
(CIGMT)
- - - --------------------------------------------------------------------------------
Colonial InterMarket Income Trust I (CIITI) ** 11,009,000 0
- - - --------------------------------------------------------------------------------
Colonial California Insured Municipal Fund 2,766,666 978
(CCIMF)
- - - --------------------------------------------------------------------------------
Colonial Insured Municipal Fund (CIMF) 4,226,678 1,492
- - - --------------------------------------------------------------------------------
Colonial New York Insured Municipal Fund 1,606,666 564
(CNYIMF)
- - - --------------------------------------------------------------------------------
</TABLE>
* Consists of 2,400 Series T Shares and 2,400 Series W Shares.
** Colonial InterMarket Income Trust I has only one class of shares
outstanding. For purposes of this Proxy Statement only, these shares may be
referred to as "Common Shares."
Shareholders of record at the close of business on March 1, 2000, will
have one vote for each share held. On March 1, 2000, the following persons were
known to beneficially own of record more than 5% of the outstanding securities
of the Funds:
4
<PAGE>
<TABLE>
<CAPTION>
- - - --------------------------------------------------------------------------------
PERCENTAGE
CLASS OF NUMBER OF OF SHARES
FUND SHARES NAME AND ADDRESS SHARES OWNED OWNED
- - - --------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
CHIMT Common Cede & Co. Fast 26,777,668 86%
7 Hanover Square
23rd Floor
New York, NY 10004
- - - --------------------------- -------------------------
CIGMT Common 9,677,488 84%
- - - --------------------------- -------------------------
CIITI Common 9,430,663 86%
- - - --------------------------- -------------------------
CCIMF Common 2,662,530 96%
- - - --------------------------- -------------------------
CIMF Common 4,151,889 98%
- - - --------------------------- -------------------------
CNYIMF Common 1,592,493 99%
- - - --------------------------------------------------------------------------------
</TABLE>
Votes cast by proxy or in person at any Meeting will be counted by
persons appointed by the Fund to act as election tellers for the Meeting. The
tellers will count the total number of votes cast "for" approval of the
proposals for purposes of determining whether sufficient affirmative votes have
been cast. Where a shareholder withholds authority or abstains, or the proxy
reflects a "broker non-vote" (i.e., shares held by brokers or nominees as to
which (i) instructions have not been received from the beneficial owners or
persons entitled to vote and (ii) the broker or nominee does not have
discretionary voting power on a particular matter) the shares will be counted as
present and entitled to vote for purposes of determining the presence of a
quorum. With respect to the election of Trustees and ratification of independent
accountants, withheld authority, abstentions and broker non-votes have no effect
on the outcome of the voting.
Further information concerning each Fund is contained in its most
recent Annual Report to shareholders, which is obtainable free of charge by
writing Colonial Management Associates, Inc. (Advisor) at One Financial Center,
Boston, MA 02111 or by calling 1-800-426-3750.
1. ELECTION OF TRUSTEES.
1.A. COLONIAL HIGH INCOME MUNICIPAL TRUST.
Messrs. Grinnell, Mayer and Moody (who have each agreed to serve) are
proposed for election as Trustees of the Fund, and are to be elected by the
holders of Common Shares and Municipal Auction Rate Cumulative Preferred Shares
(Preferred Shares), voting together as a single class. Each will serve for three
years or until a successor is elected. Messrs. Macera and Stitzel (who have each
agreed to serve) are
5
<PAGE>
proposed for election as Trustees of the Fund and are to be elected by the
holders of Preferred Shares only, voting as a single class. The Board of
Trustees currently consists of Mss. Collins and Verville, and Messrs. Bleasdale,
Carberry, Grinnell, Lowry, Macera, Mayer, Moody, Neuhauser, Stitzel, and
Sullivan. Mr. Sullivan will retire as a Trustee of the Fund on April 30, 2000.
The Board of Trustees (other than Messrs. Macera and Stitzel) is
divided into the following three classes, each with a term expiring in the year
indicated (assuming the persons listed above are elected at the Meeting), and
shall be voted on by both the Common Shares and Preferred Shares:
2001 2002 2003
- - - ---- ---- ----
Mr. Bleasdale Mr. Carberry Mr. Grinnell
Mr. Lowry Ms. Collins Mr. Mayer
Mr. Neuhauser Mr. Moody
Ms. Verville
Messrs. Macera and Stitzel are elected annually by the holders of
Preferred Shares.
REQUIRED VOTE
With respect to Messrs. Grinnell, Mayer and Moody, the affirmative vote
of a plurality of the holders of the Common Shares and Preferred Shares, voting
together as a single class, present at the Meeting in person or by proxy, is
required for the election of each such Trustee. With respect to the election of
Messrs. Macera and Stitzel, the affirmative vote of a plurality of the holders
of Preferred Shares, present at the Meeting in person or by proxy, is required
for the election of each such Trustee.
1.B. COLONIAL INVESTMENT GRADE MUNICIPAL TRUST.
Messrs. Bleasdale, Mayer, Moody and Neuhauser (who have each agreed to
serve) are proposed for election as Trustees of the Fund, and are to be elected
by the holders of Common Shares and Preferred Shares, voting together as a
single class. Each will serve three years, or
6
<PAGE>
until a successor is elected. Messrs. Macera and Stitzel (who have each agreed
to serve) are proposed for election as Trustees of the Fund and are to be
elected by the holders of Preferred Shares only, voting as a single class. The
Board of Trustees currently consists of Mss. Collins and Verville, and Messrs.
Bleasdale, Carberry, Grinnell, Lowry, Macera, Mayer, Moody, Neuhauser, Stitzel
and Sullivan. Mr. Sullivan will retire as a Trustee of the Fund on April 30,
2000.
The Board of Trustees (other than Messrs. Macera and Stitzel) is
divided into the following three classes, each with a term expiring in the year
indicated (assuming the persons listed above are elected at the Meeting) and
shall be voted on by both the Common Shares and Preferred Shares:
2001 2002 2003
- - - ---- ---- ----
Ms. Verville Ms. Collins Mr. Bleasdale
Mr. Lowry Mr. Carberry Mr. Mayer
Mr. Grinnell Mr. Moody
Mr. Neuhauser
Messrs. Macera and Stitzel are elected annually by the holders of the
Preferred Shares.
REQUIRED VOTE
With respect to the election of Messrs. Bleasdale, Mayer, Moody and
Neuhauser, the affirmative vote of a plurality of the holders of the Common
Shares and Preferred Shares, voting together as a single class, present at the
Meeting in person or by proxy, is required for the election of each such
Trustee. With respect to the election of Messrs. Macera and Stitzel, the
affirmative vote of a plurality of the holders of Preferred Shares, present at
the Meeting in person or by proxy, is required for the election of each such
Trustee.
1.C. COLONIAL INTERMARKET INCOME TRUST I.
Messrs. Bleasdale, Carberry, Macera and Neuhauser, and Ms. Collins
(who have each agreed to serve) are proposed for election as Trustees of the
Fund. Each will serve three years, or until a successor is elected. The Board
of Trustees currently consists of Mss. Collins and
7
<PAGE>
Verville, and Messrs. Bleasdale, Carberry, Grinnell, Lowry, Macera, Mayer,
Moody, Neuhauser, Stitzel and Sullivan. Mr. Sullivan will retire as a Trustee of
the Fund on April 30, 2000.
The Board of Trustees is divided into the following three classes, each
with a term expiring in the year indicated (assuming the persons listed above
are elected at the Meeting):
2001 2002 2003
- - - ---- ---- ----
Mr. Lowry Mr. Grinnell Mr. Bleasdale
Mr. Mayer Mr. Moody Mr. Carberry
Mr. Stitzel Ms. Collins
Ms. Verville Mr. Macera
Mr. Neuhauser
REQUIRED VOTE
The affirmative vote of a plurality of the holders of shares of
beneficial interest, present at the Meeting in person or by proxy, is required
for the election of each Trustee.
1.D. COLONIAL CALIFORNIA INSURED MUNICIPAL FUND.
Messrs. Bleasdale, Carberry, Grinnell, Lowry, Mayer, Moody and
Neuhauser, and Mss. Collins and Verville (who have each agreed to serve) are
proposed for election as Trustees of the Fund, and are to be elected by the
holders of Common Shares and Preferred Shares, voting together as a single
class. Messrs. Macera and Stitzel (who have each agreed to serve) are proposed
for election as Trustees of the Fund and are to be elected by the holders of
Preferred Shares only, voting as a single class. The Board of Trustees currently
consists of Mss. Collins and Verville, and Messrs. Bleasdale, Carberry,
Grinnell, Lowry, Macera, Mayer, Moody, Neuhauser, Stitzel and Sullivan. Mr.
Sullivan will retire as a Trustee of the Fund on April 30, 2000.
The Board of Trustees (other than Messrs. Macera and Stitzel) is
divided into the following three classes, each with a term expiring in the year
indicated (assuming the persons listed above are elected at the Meeting) and
shall be voted on by both the Common Shares and Preferred Shares:
8
<PAGE>
2001 2002 2003
- - - ---- ---- ----
Mr. Bleasdale Mr. Grinnell Mr. Moody
Mr. Carberry Mr. Lowry Mr. Neuhauser
Ms. Collins Mr. Mayer Ms. Verville
Messrs. Macera and Stitzel are elected annually by the holders of
Preferred Shares.
REQUIRED VOTE
With respect to the election of Messrs. Bleasdale, Carberry, Grinnell,
Lowry, Mayer, Moody and Neuhauser, and Mss. Collins and Verville, the
affirmative vote of a plurality of the holders of the Common Shares and
Preferred Shares, voting together as a single class, present at the Meeting in
person or by proxy, is required for the election of each such Trustee. With
respect to the election of Messrs. Macera and Stitzel, the affirmative vote of a
plurality of the holders of Preferred Shares, present at the Meeting in person
or by proxy, is required for the election of each such Trustee.
1.E. COLONIAL INSURED MUNICIPAL FUND.
Messrs. Bleasdale, Carberry, Grinnell, Lowry, Mayer, Moody and
Neuhauser, and Mss. Collins and Verville (who have each agreed to serve) are
proposed for election as Trustees of the Fund, and are to be elected by the
holders of Common Shares and Preferred Shares, voting together as a single
class. Messrs. Macera and Stitzel (who have each agreed to serve) are proposed
for election as Trustees of the Fund and are to be elected by the holders of
Preferred Shares only, voting as a single class. The Board of Trustees currently
consists of Mss. Collins and Verville, and Messrs. Bleasdale, Carberry,
Grinnell, Lowry, Macera, Mayer, Moody, Neuhauser, Stitzel and Sullivan. Mr.
Sullivan will retire as a Trustee of the Fund on April 30, 2000.
The Board of Trustees (other than Messrs. Macera and Stitzel) is
divided into the following three classes, each with a term expiring in the year
indicated (assuming the persons listed above are elected at the
9
<PAGE>
Meeting) and shall be voted on by both the Common Shares and Preferred Shares:
2001 2002 2003
- - - ---- ---- ----
Mr. Bleasdale Mr. Grinnell Mr. Moody
Mr. Carberry Mr. Lowry Mr. Neuhauser
Ms. Collins Mr. Mayer Ms. Verville
Messrs. Macera and Stitzel are elected annually by the holders of
Preferred Shares.
REQUIRED VOTE
With respect to the election of Messrs. Bleasdale, Carberry, Grinnell,
Lowry, Mayer, Moody and Neuhauser, and Mss. Collins and Verville, the
affirmative vote of a plurality of the holders of the Common Shares and
Preferred Shares, voting together as a single class, present at the Meeting in
person or by proxy, is required for the election of each such Trustee. With
respect to the election of Messrs. Macera and Stitzel, the affirmative vote of a
plurality of the holders of Preferred Shares, present at the Meeting in person
or by proxy, is required for the election of each such Trustee.
1.F. Colonial New York Insured Municipal Fund.
Messrs. Bleasdale, Carberry, Grinnell, Lowry, Mayer, Moody and
Neuhauser, and Mss. Collins and Verville (who have each agreed to serve) are
proposed for election as Trustees of the Fund, and are to be elected by the
holders of Common Shares and Preferred Shares, voting together as a single
class. Messrs. Macera and Stitzel (who have each agreed to serve) are proposed
for election as Trustees of the Fund and are to be elected by the holders of
Preferred Shares only, voting as a single class. The Board of Trustees currently
consists of Mss. Collins and Verville, and Messrs. Bleasdale, Carberry,
Grinnell, Lowry, Macera, Mayer, Moody, Neuhauser, Stitzel and Sullivan. Mr.
Sullivan will retire as a Trustee of the Fund on April 30, 2000.
The Board of Trustees (other than Messrs. Macera and Stitzel) is
divided into the following three classes, each with a term expiring in the year
indicated (assuming the persons listed above are elected at the
10
<PAGE>
Meeting) and shall be voted on by both the Common Shares and Preferred Shares:
2001 2002 2003
- - - ---- ---- ----
Mr. Bleasdale Mr. Grinnell Mr. Moody
Mr. Carberry Mr. Lowry Mr. Neuhauser
Ms. Collins Mr. Mayer Ms. Verville
Messrs. Macera and Stitzel are elected annually by the holders of
Preferred Shares.
REQUIRED VOTE
With respect to the election of Messrs. Bleasdale, Carberry, Grinnell,
Lowry, Mayer, Moody and Neuhauser, and Mss. Collins and Verville, the
affirmative vote of a plurality of the holders of the Common Shares and
Preferred Shares, voting together as a single class, present at the Meeting in
person or by proxy, is required for the election of each such Trustee. With
respect to the election of Messrs. Macera and Stitzel, the affirmative vote of a
plurality of the holders of Preferred Shares, present at the Meeting in person
or by proxy, is required for the election of each such Trustee.
FOR INFORMATION REGARDING THE BOARD OF TRUSTEES AND EXECUTIVE OFFICERS OF
YOUR FUND, SEE EXHIBITS A AND B TO THIS PROXY STATEMENT.
TRUSTEES' COMPENSATION
FOR INFORMATION REGARDING THE COMPENSATION RECEIVED BY THE TRUSTEES OF
YOUR FUND FOR SERVING AS TRUSTEES FOR THE FISCAL YEAR ENDED NOVEMBER 30, 1999,
AND FOR THE CALENDAR YEAR ENDED DECEMBER 31, 1999, SEE EXHIBIT C TO THIS PROXY
STATEMENT.
11
<PAGE>
TRUSTEES' MEETINGS AND COMMITTEES
THE FOLLOWING APPLIES TO COLONIAL HIGH INCOME MUNICIPAL TRUST, COLONIAL
INVESTMENT GRADE MUNICIPAL TRUST AND COLONIAL INTERMARKET INCOME TRUST I ONLY:
During the fiscal year ended November 30, 1999, each Board of Trustees
held six meetings.
The Audit Committee, consisting of Messrs. Bleasdale, Grinnell, Lowry,
Moody, Neuhauser and Sullivan, and as of April 1999, Mr. Macera and Ms.
Verville, met four times during the fiscal year ended November 30, 1999. The
Committee recommends to the Trustees the independent accountants to serve as
auditors, reviews with the independent accountants the results of the auditing
engagement and the internal accounting procedures and controls, and considers
the independence of the independent accountants, the range of their audit
services and their fees.
The Compensation Committee, consisting of Ms. Collins and Messrs.
Birnbaum, Grinnell, Neuhauser and Stitzel, met twice during the fiscal year
ended November 30, 1999. The Committee reviews compensation of the Board of
Trustees.
The Governance Committee, consisting of Messrs. Bleasdale, Lowry,
Mayer, Moody and Sullivan, and as of April 1999, Ms. Verville, met four times
during the fiscal year ended November 30, 1999. The Committee in its sole
discretion recommends to the Trustees among other things, nominees for Trustee
and for appointments to various committees. The Governance Committee will
consider candidates for Trustee recommended by shareholders. Written
recommendations with supporting information should be directed to the Committee
in care of the Fund.
During the fiscal year ended November 30, 1999, each of the current
Trustees attended more than 75% of the meetings of the Board of Trustees and the
committees of which such Trustee is a member.
If any of the nominees listed above becomes unavailable for election,
the enclosed proxy will be voted for a substitute candidate in the discretion of
the proxy holder(s).
THE FOLLOWING APPLIES TO COLONIAL CALIFORNIA INSURED MUNICIPAL FUND,
COLONIAL INSURED MUNICIPAL FUND AND COLONIAL NEW YORK INSURED MUNICIPAL FUND,
WHICH COMMENCED OPERATIONS ON
12
<PAGE>
OCTOBER 29, 1999, OCTOBER 29, 1999, AND NOVEMBER 19, 1999, RESPECTIVELY:
During the fiscal year ended November 30, 1999, each Board of Trustees
held two meetings.
The Audit Committee, consisting of Messrs. Bleasdale, Grinnell, Lowry,
Moody, Neuhauser and Sullivan, and Ms. Verville, met once during the fiscal year
ended November 30, 1999. The Committee recommends to the Trustees the
independent accountants to serve as auditors, reviews with the independent
accountants the results of the auditing engagement and the internal accounting
procedures and controls, and considers the independence of the independent
accountants, the range of their audit services and their fees.
The Compensation Committee, consisting of Ms. Collins and Messrs.
Birnbaum, Grinnell, Neuhauser and Stitzel, met once during the fiscal year ended
November 30, 1999. The Committee reviews compensation of the Board of Trustees.
The Governance Committee, consisting of Messrs. Bleasdale, Lowry,
Mayer, Moody and Sullivan, and Ms. Verville, met twice during the fiscal year
ended November 30, 1999. The Committee in its sole discretion recommends to the
Trustees among other things, nominees for Trustee and for appointments to
various committees. The Governance Committee will consider candidates for
Trustee recommended by shareholders. Written recommendations with supporting
information should be directed to the Committee in care of the Fund.
During the fiscal year ended November 30, 1999, each of the current
Trustees attended more than 75% of the meetings of the Board of Trustees and the
committees of which such Trustee is a member.
If any of the nominees listed above becomes unavailable for election,
the enclosed proxy will be voted for a substitute candidate in the discretion of
the proxy holder(s).
DESCRIPTION OF THE ADVISOR
The Advisor to each of the Funds is a wholly-owned subsidiary of
Liberty Funds Group, LLC (LFG), which in turn is an indirect wholly-owned
subsidiary of Liberty Financial Companies, Inc. (Liberty Financial). Liberty
Financial is an indirect majority-owned subsidiary of Liberty Mutual
13
<PAGE>
Insurance Company (Liberty Mutual). Liberty Financial is a diversified and
integrated asset management organization which provides insurance and investment
products to individuals and institutions. Its principal executive offices are
located at 600 Atlantic Avenue, 24th Floor, Boston, Massachusetts 02210. Liberty
Mutual is an underwriter of workers' compensation insurance and a
Massachusetts-chartered mutual property and casualty insurance company. The
principal business activities of Liberty Mutual's subsidiaries other than
Liberty Financial are property-casualty insurance, insurance services and life
insurance (including group life and health insurance products) marketed through
its own sales force. Liberty Mutual's principal executive offices are located at
175 Berkeley Street, Boston, Massachusetts 02117. Liberty Mutual is deemed to be
the controlling entity of the Advisor and its affiliates.
2. RATIFICATION OF INDEPENDENT ACCOUNTANTS.
PricewaterhouseCoopers LLP was selected as independent accountants for
each of the Funds for the fiscal year ending November 30, 2000 by unanimous
votes of the Boards of Trustees, subject to ratification or rejection by the
shareholders. Neither PricewaterhouseCoopers LLP nor any of its partners has any
direct or material indirect financial interest in the Funds. A representative of
PricewaterhouseCoopers LLP will be available at the Meetings, if requested by a
shareholder in writing at least five days before the Meetings, to respond to
appropriate questions and make a statement (if the representative desires).
REQUIRED VOTE
For each of Colonial High Income Municipal Trust, Colonial Investment
Grade Municipal Trust, Colonial California Insured Municipal Fund, Colonial
Insured Municipal Fund, and Colonial New York Insured Municipal Fund,
ratification requires the affirmative vote of a majority of the holders of
Common Shares and Preferred Shares, voting together as a single class, present
at the respective Meeting in person or by proxy. For Colonial InterMarket Income
Trust I, ratification requires the affirmative vote of a majority of the holders
of shares of beneficial interest, present at the Meeting in person or by proxy.
14
<PAGE>
3. OTHER MATTERS AND DISCRETION OF PROXY HOLDERS NAMED IN THE PROXY.
As of the date of this Proxy Statement, only the business mentioned in
Proposals 1 and 2 of the Notice of the Meetings is contemplated to be presented.
If any procedural or other matters properly come before any one or more of the
Meetings, the enclosed proxy (or proxies, as applicable) shall be voted in
accordance with the best judgment of the proxy holder(s).
The Meetings are to be held simultaneously. In the event that any Fund
shareholder at a Meeting objects to the holding of simultaneous Meetings and
moves for an adjournment of the Meeting so that the Meeting of the Fund may be
held separately, the persons named as proxies will vote in favor of such an
adjournment.
If a quorum of shareholders is not represented at a Meeting or at any
adjournment thereof, or, even though a quorum is so represented, if sufficient
votes in favor of the Proposals set forth in the Notice of the Meetings are not
received by May 24, 2000, the persons named as proxies may propose one or more
adjournments of the Meeting for a period or periods of not more than ninety days
in the aggregate and further solicitation of proxies may be made. Any such
adjournment may be effected by a majority of the votes properly cast in person
or by proxy on the question at the session of the Meeting to be adjourned. The
persons named as proxies will vote in favor of such adjournment those proxies
which they are entitled to vote in favor of the Proposals set forth in the
Notice of the Meetings. They will vote against any such adjournment those
proxies required to be voted against any of such Proposals.
COMPLIANCE WITH SECTION 16(a) OF THE
SECURITIES EXCHANGE ACT OF 1934
Section 16(a) of the Securities Exchange Act of 1934, as amended, and
Section 30(f) of the Investment Company Act of 1940, as amended, require the
Board of Trustees and executive officers of any Fund, persons who own more than
ten percent of any Fund's equity securities (Section 16 reporting persons), the
Fund's investment advisor and affiliated persons of the Fund's investment
advisor to file with the Securities and Exchange Commission (SEC) initial
reports of ownership and reports of changes in ownership of the Fund's shares
and to furnish the Fund with copies of all Section 16(a) forms they file. Based
solely upon a review of copies of such reports furnished to the Funds, the Funds
15
<PAGE>
believe that all of the Trustees and Executive Officers of Colonial California
Insured Municipal Fund and Colonial Insured Municipal Fund filed late Forms 3
(Initial Statements of Beneficial Ownership), on which they reported no
holdings.
DATE FOR RECEIPT OF SHAREHOLDER PROPOSALS
Proposals of shareholders which are intended to be considered for
inclusion in the Funds' proxy statement relating to the 2001 Annual Meetings of
Shareholders of the Funds must be received by the Funds at One Financial Center,
Boston, Massachusetts, 02111 on or before December 22, 2000.
SHAREHOLDERS ARE URGED TO VOTE, SIGN AND MAIL THEIR PROXIES IMMEDIATELY.
16
<PAGE>
EXHIBIT A
TRUSTEE INFORMATION
The following table sets forth certain information about the Boards of Trustees
of the Liberty Funds:
<TABLE>
<CAPTION>
Shares and
Percent of Fund
Beneficially
Owned at March
1, 2000 (2)
Name Trustee Principal Occupation (1) and
(Age) Since(3) Directorships
<S> <C> <C> <C>
Robert J. Birnbaum 1995(4)
(72) Consultant (formerly Special -0-
Counsel, Dechert Price &
Rhoads-law). Director or
Trustee: Liberty Funds, Liberty
All-Star Funds, The Emerging
Germany Fund.
Tom Bleasdale 1989 Retired (formerly Chairman of -0-
(69) the Board and Chief Executive
Officer, Shore Bank & Trust
Company (banking) from 1992 to
1993). Director or Trustee:
Liberty Funds, Empire Company Limited.
John V. Carberry * 1998 Senior Vice President of Liberty -0-
(53) Financial Companies, Inc. since
February, 1998 (Liberty Financial)
(formerly Managing Director, Salomon
Brothers (investment banking)
from December, 1974 to January,
1998). Director or Trustee:
Liberty Funds, Liberty All-Star
Funds.
</TABLE>
17
<PAGE>
<TABLE>
<CAPTION>
Shares and
Percent of Fund
Beneficially
Owned at March
1, 2000 (2)
Name Trustee Principal Occupation (1) and
(Age) Since(3) Directorships
<S> <C> <C> <C>
Lora S. Collins 1992 Attorney (formerly Attorney with -0-
(64) Kramer, Levin, Naftalis &
Frankel (law) from September,
1986 to November, 1996).
Trustee: Liberty Funds.
James E. Grinnell 1995 Private Investor since November, -0-
(70) 1988. Director or Trustee:
Liberty Funds, Liberty All-Star
Funds.
Richard W. Lowry 1995 Private Investor since August, -0-
(63) 1987. Director or Trustee:
Liberty Funds, Liberty All-Star
Funds.
Salvatore Macera 1998 Private Investor (formerly -0-
(68) Executive Vice President and
Director of Itek Corporation
(electronics) from 1975 to
1981). Trustee: Liberty Funds.
William E. Mayer 1994 Partner, Development Capital, -0-
(59) LLC (venture capital) (formerly
Dean, College of Business and
Management, University of
Maryland (higher education) from
October, 1992 to November,
1996). Director or Trustee:
Liberty Funds, Liberty All-Star
Funds, Johns Manville, Lee
Enterprises.
</TABLE>
18
<PAGE>
<TABLE>
<CAPTION>
Shares and
Percent of Fund
Beneficially
Owned at March
1, 2000 (2)
Name Trustee Principal Occupation (1) and
(Age) Since(3) Directorships
<S> <C> <C> <C>
James L. Moody, Jr. 1989 Retired (formerly Chairman of -0-
(68) the Board, Hannaford Bros. Co.
(food retailer) from May, 1984
to May, 1997 and Chief Executive
Officer, Hannaford Bros. Co.
from May, 1973 to May, 1992).
Director or Trustee: Liberty
Funds, UNUM Product
Corporation, IDEXX Laboratories,
Inc., Staples, Inc., Empire
Company Limited.
John J. Neuhauser 1992 Academic Vice President and Dean -0-
(56) of Faculties since August, 1999,
Boston College (higher
education) (formerly Dean,
Boston College School of
Management (higher education)
from September, 1977 to
September, 1999). Director or
Trustee: Liberty Funds, Liberty
All-Star Funds, Saucony, Inc.
Thomas E. Stitzel 1998 Business Consultant (formerly -0-
(64) Professor of Finance from 1975
to 1999 and Dean from 1977 to
1991, College of Business, Boise
State University (higher
education), Chartered Financial
Analyst. Trustee: Liberty Funds.
Robert L. Sullivan 1989(5) Retired (formerly Partner, KPMG -0-
(72) Peat Marwick LLP (management
consulting) from July, 1966 to
June, 1985). Trustee: Liberty
Funds.
</TABLE>
19
<PAGE>
<TABLE>
<CAPTION>
Shares and
Percent of Fund
Beneficially
Owned at March
1, 2000 (2)
Name Trustee Principal Occupation (1) and
(Age) Since(3) Directorships
<S> <C> <C> <C>
Anne-Lee Verville 1998 Consultant (formerly General -0-
(54) Manager, Global Education
Industry from 1994 to 1997, and
President, Applications
Solutions Division from 1991 to
1994, IBM Corporation (global
education and global
applications)). Trustee:
Liberty Funds, and Enesco Group,
Inc.
</TABLE>
* Mr. Carberry is an "interested person," as defined in the Investment
Company Act of 1940, as amended, because of his affiliation with
Liberty Financial (the indirect parent company of the Advisor). On
March 1, 2000, Mr. Carberry beneficially owned less than 1% of the
then outstanding common shares and other securities of Liberty
Financial.
(1) Except as otherwise noted, each individual has held the office
indicated or other offices in the same company for the last five years.
(2) On March 1, 2000, the Trustees and officers of each Fund as a group
beneficially owned less than 1% of the then outstanding shares of each
Fund.
(3) The dates indicated are accurate with the following exceptions: (i) Ms.
Collins has been a Trustee of Colonial InterMarket Income Trust I since
1989; (ii) Mr. Moody has been a Trustee of Colonial Investment Grade
Municipal Trust since 1992; and (iii) each of the Trustees, except
where noted, has been a Trustee of Colonial California Insured
Municipal Fund, Colonial Insured Municipal Fund, and Colonial New York
Insured Municipal Fund since 1999.
(4) Mr. Birnbaum retired as a Trustee of the Funds on December 31, 1999.
(5) Mr. Sullivan will retire as a Trustee of the Funds on April 30, 2000.
In this Proxy Statement, the "Liberty Funds" means Liberty Funds Trust
I, Liberty Funds Trust II, Liberty Funds Trust III, Liberty Funds Trust
IV, Liberty Funds Trust V, Liberty Funds Trust VI, Liberty Funds Trust
VII, Liberty Funds Trust VIII, Liberty Variable Investment Trust,
Colonial High Income Municipal Trust, Colonial InterMarket Income Trust I,
Colonial Intermediate High Income Fund, Colonial Investment Grade
Municipal Trust, Colonial Municipal Income Trust, Colonial Insured
Municipal Fund,
20
<PAGE>
Colonial California Insured Municipal Fund, Colonial New York Insured
Municipal Fund, Liberty-Stein Roe Advisor Floating Rate Advantage Fund
and Colonial Investment Grade Bond Fund. In this Proxy Statement
"Liberty All-Star Funds" means Liberty Funds Trust IX, Liberty All-Star
Equity Fund and Liberty All-Star Growth Fund, Inc.
21
<PAGE>
EXHIBIT B
OFFICER INFORMATION
The following table sets forth certain information about the executive officers
of the Liberty Funds:
<TABLE>
<CAPTION>
Shares and
Percent of
Fund
Beneficially
Executive Owned at
Name Officer Office with Fund; Principal Occupation (6) March 1,
(Age) Since(8) (6) 2000 (7)
<S> <C> <C> <C>
Stephen E. Gibson President of the Liberty Funds since June, -0-
(46) 1998 1998; Chairman of the Board since July,
1998, Chief Executive Officer and President of the
Advisor since December, 1996, and Director, since
July, 1996 (formerly Executive Vice President from
July, 1996 to December, 1996); Director, Chief
Executive Officer and President of Liberty Funds
Group LLC (LFG) since December, 1998 (formerly
Director, Chief Executive Officer and President of
The Colonial Group, Inc. (TCG) from December, 1996
to December, 1998); Assistant Chairman of Stein
Roe & Farnham Incorporated (SR&F) since August,
1998 (formerly Managing Director of Marketing of
Putnam Investments, June, 1992 to July, 1996).
</TABLE>
22
<PAGE>
<TABLE>
<CAPTION>
Shares and
Percent of
Fund
Beneficially
Executive Owned at
Name Officer Office with Fund; Principal Occupation (6) March 1,
(Age) Since(8) (6) 2000 (7)
<S> <C> <C> <C>
J. Kevin Connaughton Controller and Chief Accounting Officer of -0-
(35) 1998 the Liberty Funds since February, 1998;
Controller of Liberty All-Star Funds since
December, 1998; Vice President of the Advisor
since February, 1998 (formerly Senior Tax Manager,
Coopers & Lybrand, LLP from April, 1996 to
January, 1998; Vice President, 440 Financial
Group/First Data Investor Services Group from
March, 1994 to April, 1996).
</TABLE>
23
<PAGE>
<TABLE>
<CAPTION>
Shares and
Percent of
Fund
Beneficially
Executive Owned at
Name Officer Office with Fund; Principal Occupation (6) March 1,
(Age) Since(8) (6) 2000 (7)
<S> <C> <C> <C>
Nancy L. Conlin Secretary of the Liberty Funds since April, -0-
(46) 1994 1998 (formerly Assistant Secretary from
July, 1994 to April, 1998); Director, Senior Vice
President, General Counsel, Clerk and Secretary of
the Advisor since April, 1998 (formerly Vice
President, Counsel, Assistant Secretary and
Assistant Clerk from July, 1994 to April, 1998);
Vice President - Legal, General Counsel and
Secretary of LFG since December, 1998 (formerly
Vice President - Legal, General Counsel, Secretary
and Clerk of TCG from April, 1998 to December,
1998; Assistant Clerk from July, 1994 to April,
1998).
Joseph R. Palombo Vice President of the Liberty Funds since -0-
(46) 1999 April, 1999; Executive Vice President and
Director of the Advisor since April, 1999;
Executive Vice President and Chief Administrative
Officer of LFG since April, 1999 (formerly Chief
Operating Officer, Putnam Mutual Funds from 1994
to 1998).
</TABLE>
(6) Except as otherwise noted, each individual has held the office
indicated or other offices in the same company for the last five years.
(7) On March 1, 2000, the Trustees and officers of each Fund as a group
beneficially owned less than 1% of the then outstanding shares of
the Fund.
(8) The dates indicated are accurate with the following exceptions: (i) Ms.
Conlin has been an Executive Officer of Colonial Investment Grade
Municipal Trust and Colonial InterMarket Income Trust I since 1998; and
(ii) each of the Officers, except where noted, has been an Executive
Officer of Colonial California Insured Municipal Fund, Colonial Insured
Municipal Fund, and Colonial New York Insured Municipal Fund since
1999.
24
<PAGE>
EXHIBIT C.1.
TRUSTEES' COMPENSATION
For the fiscal years and calendar years noted, the Trustees received the
following compensation for serving as Trustees(9):
<TABLE>
<CAPTION>
CIITI
CHIMT CIGMT Aggregate Total
Aggregate Aggregate Compensation Compensation From
Compensation From Compensation From From Fund For The Fund Complex Paid
Fund For The Fund For The The Fiscal To The Trustees For The
Fiscal Year Ended Fiscal Year Ended Year Ended Calendar Year Ended
TRUSTEE November 30, 1999 November 30, 1999 November 30, 1999 December 31, 1999(10)
- - - --------------- ----------------- ------------------ ----------------- ----------------------
<S> <C> <C> <C> <C>
Robert J. Birnbaum(11) $1,434 $987 $961 $97,000
Tom Bleasdale 1,523(12) 1,048(13) 1,010(14) 103,000(18)
John V. Carberry(19) N/A N/A N/A N/A
Lori S. Collins 1,419 977 951 96,000
James E. Grinnell 1,480 1,019 991 100,000
Richard W. Lowry 1,434 987 960 97,000
Salvatore Macera 1,220 840 735 95,000
William E. Mayer 1,495 1,029 958 101,000
James L. Moody, Jr. 1,347(20) 927(21) 893(22) 91,000(26)
John J. Neuhauser 1,499 1,033 1,005 101,252
Thomas E. Stitzel 1,220 840 735 95,000
Robert L. Sullivan(27) 1,542 1,072 1,036 104,100
Anne-Lee Verville 1,418(28) 976(29) 1,004(30) 96,000(34)
</TABLE>
25
<PAGE>
EXHIBIT C.1. (CONTINUED)
TRUSTEES' COMPENSATION
For the fiscal years and calendar years noted, the Trustees received the
following compensation for serving as Trustees(9):
<TABLE>
<CAPTION>
CNYIMF
CCIMF CIMF Aggregate Total
Estimated Estimated Compensation Compensation From
Compensation From Compensation From From Fund For The Fund Complex Paid
Fund For The Fund For The The Fiscal To The Trustees For The
Fiscal Year Ending Fiscal Year Ending Year Ending Calendar Year Ended
TRUSTEE November 30, 2000 November 30, 2000 November 30, 2000 December 31, 1999(10)
- - - --------------- ----------------- ------------------ ----------------- ----------------------
<S> <C> <C> <C> <C>
Robert J. Birnbaum(11) $ 0 $ 0 $ 0 $97,000
Tom Bleasdale 845(15) 845(16) 845(17) 103,000(18)
John V. Carberry(19) N/A N/A N/A N/A
Lori S. Collins 812 812 812 96,000
James E. Grinnell 845 845 845 100,000
Richard W. Lowry 812 812 812 97,000
Salvatore Macera 804 803 803 95,000
William E. Mayer 845 845 845 101,000
James L. Moody, Jr. 845(23) 845(24) 845(25) 91,000(26)
John J. Neuhauser 849 849 849 101,252
Thomas E. Stitzel 804 803 803 95,000
Robert L. Sullivan(27) 876 876 876 104,100
Anne-Lee Verville 804(31) 803(32) 803(33) 96,000(34)
</TABLE>
26
<PAGE>
(9) The Funds do not currently provide pension or retirement plan benefits to
the Trustees.
(10) On December 31, 1999, the Fund Complex consisted of 51 open-end and 8
closed-end management investment portfolios in the Liberty Funds Group -
Boston and 12 open-end management investment portfolios in the Liberty
Variable Investment Trust (LVIT) (together, the Fund Complex).
(11) Retired as a Trustee of the Funds on December 31, 1999.
(12) Includes $787 payable in later years as deferred compensation.
(13) Includes $540 payable in later years as deferred compensation.
(14) Includes $508 payable in later years as deferred compensation.
(15) Includes $431 payable in later years as deferred compensation.
(16) Includes $431 payable in later years as deferred compensation.
(17) Includes $431 payable in later years as deferred compensation.
(18) Includes $52,000 payable in later years as deferred compensation.
(19) Does not receive compensation because he is an affiliated Trustee and
employee of Liberty Financial Companies, Inc. (Liberty Financial).
(20) Total compensation of $1,347 for the fiscal year ended November 30, 1999
will be payable in later years as deferred compensation.
(21) Total compensation of $927 for the fiscal year ended November 30, 1999
will be payable in later years as deferred compensation.
(22) Total compensation of $893 for the fiscal year ended November 30, 1999
will be payable in later years as deferred compensation.
(23) Total estimated compensation of $845 for the fiscal year ending November
30, 2000 is expected to be payable in later years as deferred
compensation.
(24) Total estimated compensation of $845 for the fiscal year ending November
30, 2000 is expected to be payable in later years as deferred
compensation.
(25) Total estimated compensation of $845 for the fiscal year ending November
30, 2000 is expected to be payable in later years as deferred
compensation.
(26) Total compensation of $91,000 for the calendar year ended December 31,
1999 will be payable in later years as deferred compensation.
(27) Will retire as a Trustee of the Funds on April 30, 2000.
27
<PAGE>
(28) Total compensation of $1,418 for the fiscal year ended November 30, 1999
will be payable in later years as deferred compensation.
(29) Total compensation of $976 for the fiscal year ended November 30, 1999
will be payable in later years as deferred compensation.
(30) Total compensation of $1,004 for the fiscal year ended November 30, 1999
will be payable in later years as deferred compensation.
(31) Total estimated compensation of $804 for the fiscal year ending November
30, 2000 is expected to be payable in later years as deferred
compensation.
(32) Total estimated compensation of $803 for the fiscal year ending November
30, 2000 is expected to be payable in later years as deferred
compensation.
(33) Total estimated compensation of $803 for the fiscal year ending November
30, 2000 is expected to be payable in later years as deferred
compensation.
(34) Total compensation of $96,000 for the calendar year ended December 31,
1999 will be payable in later years as deferred compensation.
28
<PAGE>
EXHIBIT C.2.
TRUSTEES' COMPENSATION
For the calendar year ended December 31, 1999, some of the Trustees
received the following compensation in their capacities as Trustees or Directors
of the Liberty All-Star Equity Fund, Liberty All-Star Growth Fund, Inc., and
Liberty Funds Trust IX (together, Liberty All-Star Funds)(35):
Total Compensation From
Liberty All-Star Funds For The Calendar
Trustee Year Ended December 31, 1999 (36)
- - - ------- --------------------------------------
Robert J. Birnbaum $25,000
John V. Carberry (37) N/A
James E. Grinnell 25,000
Richard W. Lowry 25,000
William E. Mayer 25,000
John J. Neuhauser 25,000
(35) The Liberty All-Star Funds do not currently provide pension or retirement
plan benefits to the trustees/directors.
(36) Liberty All-Star Funds are advised by Liberty Asset Management Company
(LAMCO). LAMCO is an indirect wholly-owned subsidiary of Liberty
Financial (an intermediate parent of the Advisor).
(37) Does not receive compensation because he is an affiliated trustee and
employee of Liberty Financial.
29
<PAGE>
COLONIAL NEW YORK INSURED MUNICIPAL FUND
MUNICIPAL AUCTION RATE CUMULATIVE PREFERRED SHARES
THIS PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned shareholder hereby appoints William J. Ballou, Suzan M. Barron,
Nancy L. Conlin, Stephen E. Gibson, Timothy J. Jacoby, Russell L. Kane, Joseph
R. Palombo and Vincent P. Pietropaolo, each of them proxies of the undersigned,
with power of substitution, to vote at the Annual Meeting of Shareholders of
Colonial New York Insured Municipal Fund to be held in Boston, Massachusetts, on
Wednesday, May 24, 2000, and at any adjournments, as follows on the reverse side
of this card.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
AND, ABSENT DIRECTION, WILL BE VOTED FOR THE ITEMS ON THE REVERSE SIDE. THIS
PROXY WILL BE VOTED IN ACCORDANCE WITH THE HOLDER'S BEST JUDGMENT AS TO ANY
OTHER MATTER.
THE BOARD OF TRUSTEES RECOMMENDS A VOTE FOR THE FOLLOWING ITEMS SET FORTH ON THE
REVERSE SIDE.
- - - --------------------------------------------------------------------------------
PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN THE ENCLOSED
ENVELOPE.
- - - --------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?
___________________________________ ___________________________________
___________________________________ ___________________________________
___________________________________ ___________________________________
<PAGE>
[X] PLEASE MARK VOTES
AS IN THIS EXAMPLE
- - - --------------------------------------------------------------------------------
COLONIAL NEW YORK INSURED MUNICIPAL FUND
- - - --------------------------------------------------------------------------------
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
CONTROL NUMBER:
-------------------------
Please be sure to sign and date this Proxy. Date
- - - --------------------------------------------------------------------------------
- - - ------------Shareholder sign here--------------Co-owner sign here---------------
1. ELECTION OF ELEVEN TRUSTEES. (Item 1 of the Notice)
(01) TOM BLEASDALE
(02) JOHN V. CARBERRY
(03) LORA S. COLLINS
(04) JAMES E. GRINNELL
(05) RICHARD W. LOWRY
(06) SALVATORE MACERA
(07) WILLIAM E. MAYER
(08) JAMES L. MOODY, JR.
(09) JOHN J. NEUHAUSER
(10) THOMAS E. STITZEL
(11) ANNE-LEE VERVILLE
FOR ALL WITH- FOR ALL
NOMINEES HOLD EXCEPT
[ ] [ ] [ ]
Instruction: To withhold authority to vote for any individual nominee, mark the
"For All Except" box and strike a line through the name(s) of the nominee(s).
Your shares will be voted for the remaining nominee(s).
2. PROPOSAL TO RATIFY THE SELECTION OF INDEPENDENT ACCOUNTANTS. (Item 2 of the
Notice)
FOR AGAINST ABSTAIN
[ ] [ ] [ ]
3. IN THEIR DISCRETION, UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE
THE MEETING.
Please sign exactly as name(s) appear(s) hereon. Joint owners should each sign
personally. When signing as attorney, executor, administrator, trustee or
guardian, please give full title as such. If a corporation, please sign in
corporate name by President or other authorized officer. If a partnership,
please sign in partnership name by authorized person.
RECORD DATE SHARES:
- - - --------------------------------------------------------------------------------
<PAGE>
COLONIAL HIGH INCOME MUNICIPAL TRUST
MUNICIPAL AUCTION RATE CUMULATIVE PREFERRED SHARES
(SERIES T SHARES AND SERIES W SHARES)
THIS PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned shareholder hereby appoints William J. Ballou, Suzan M. Barron,
Nancy L. Conlin, Stephen E. Gibson, Timothy J. Jacoby, Russell L. Kane, Joseph
R. Palombo and Vincent P. Pietropaolo, each of them proxies of the undersigned,
with power of substitution, to vote at the Annual Meeting of Shareholders of
Colonial High Income Municipal Trust to be held in Boston, Massachusetts, on
Wednesday, May 24, 2000, and at any adjournments, as follows on the reverse side
of this card.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
AND, ABSENT DIRECTION, WILL BE VOTED FOR THE ITEMS ON THE REVERSE SIDE. THIS
PROXY WILL BE VOTED IN ACCORDANCE WITH THE HOLDER'S BEST JUDGMENT AS TO ANY
OTHER MATTER.
THE BOARD OF TRUSTEES RECOMMENDS A VOTE FOR THE FOLLOWING ITEMS SET FORTH ON THE
REVERSE SIDE.
- - - --------------------------------------------------------------------------------
PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN THE ENCLOSED
ENVELOPE.
- - - --------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?
___________________________________ ___________________________________
___________________________________ ___________________________________
___________________________________ ___________________________________
<PAGE>
[X] PLEASE MARK VOTES
AS IN THIS EXAMPLE
- - - --------------------------------------------------------------------------------
COLONIAL HIGH INCOME MUNICIPAL TRUST
- - - --------------------------------------------------------------------------------
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
CONTROL NUMBER:
-------------------------
Please be sure to sign and date this Proxy. Date
- - - --------------------------------------------------------------------------------
- - - ------------Shareholder sign here--------------Co-owner sign here---------------
1. ELECTION OF FIVE TRUSTEES. (Item 1 of the Notice)
(01) JAMES E. GRINNELL
(02) SALVATORE MACERA
(03) WILLIAM E. MAYER
(04) JAMES L. MOODY, JR.
(05) THOMAS E. STITZEL
FOR ALL WITH- FOR ALL
NOMINEES HOLD EXCEPT
[ ] [ ] [ ]
Instruction: To withhold authority to vote for any individual nominee, mark the
"For All Except" box and strike a line through the name(s) of the nominee(s).
Your shares will be voted for the remaining nominee(s).
2. PROPOSAL TO RATIFY THE SELECTION OF INDEPENDENT ACCOUNTANTS. (Item 2 of the
Notice)
FOR AGAINST ABSTAIN
[ ] [ ] [ ]
3. IN THEIR DISCRETION, UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE
THE MEETING.
Please sign exactly as name(s) appear(s) hereon. Joint owners should each sign
personally. When signing as attorney, executor, administrator, trustee or
guardian, please give full title as such. If a corporation, please sign in
corporate name by President or other authorized officer. If a partnership,
please sign in partnership name by authorized person.
RECORD DATE SHARES:
- - - --------------------------------------------------------------------------------
<PAGE>
COLONIAL INVESTMENT GRADE MUNICIPAL TRUST
MUNICIPAL AUCTION RATE CUMULATIVE PREFERRED SHARES
THIS PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned shareholder hereby appoints William J. Ballou, Suzan M. Barron,
Nancy L. Conlin, Stephen E. Gibson, Timothy J. Jacoby, Russell L. Kane, Joseph
R. Palombo and Vincent P. Pietropaolo, each of them proxies of the undersigned,
with power of substitution, to vote at the Annual Meeting of Shareholders of
Colonial Investment Grade Municipal Trust to be held in Boston, Massachusetts,
on Wednesday, May 24, 2000, and at any adjournments, as follows on the reverse
side of this card.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
AND, ABSENT DIRECTION, WILL BE VOTED FOR THE ITEMS ON THE REVERSE SIDE. THIS
PROXY WILL BE VOTED IN ACCORDANCE WITH THE HOLDER'S BEST JUDGMENT AS TO ANY
OTHER MATTER.
THE BOARD OF TRUSTEES RECOMMENDS A VOTE FOR THE FOLLOWING ITEMS SET FORTH ON THE
REVERSE SIDE.
- - - --------------------------------------------------------------------------------
PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN THE ENCLOSED
ENVELOPE.
- - - --------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?
___________________________________ ___________________________________
___________________________________ ___________________________________
___________________________________ ___________________________________
<PAGE>
[X] PLEASE MARK VOTES
AS IN THIS EXAMPLE
- - - --------------------------------------------------------------------------------
COLONIAL INVESTMENT GRADE MUNICIPAL TRUST
- - - --------------------------------------------------------------------------------
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
CONTROL NUMBER:
-------------------------
Please be sure to sign and date this Proxy. Date
- - - --------------------------------------------------------------------------------
- - - ------------Shareholder sign here--------------Co-owner sign here---------------
1. ELECTION OF SIX TRUSTEES. (Item 1 of the Notice)
(01) TOM BLEASDALE
(02) SALVATORE MACERA
(03) WILLIAM E. MAYER
(04) JAMES L. MOODY, JR.
(05) JOHN J. NEUHAUSER
(06) THOMAS E. STITZEL
FOR ALL WITH- FOR ALL
NOMINEES HOLD EXCEPT
[ ] [ ] [ ]
Instruction: To withhold authority to vote for any individual nominee, mark the
"For All Except" box and strike a line through the name(s) of the nominee(s).
Your shares will be voted for the remaining nominee(s).
2. PROPOSAL TO RATIFY THE SELECTION OF INDEPENDENT ACCOUNTANTS. (Item 2 of the
Notice)
FOR AGAINST ABSTAIN
[ ] [ ] [ ]
3. IN THEIR DISCRETION, UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE
THE MEETING.
Please sign exactly as name(s) appear(s) hereon. Joint owners should each sign
personally. When signing as attorney, executor, administrator, trustee or
guardian, please give full title as such. If a corporation, please sign in
corporate name by President or other authorized officer. If a partnership,
please sign in partnership name by authorized person.
RECORD DATE SHARES:
- - - --------------------------------------------------------------------------------
<PAGE>
COLONIAL CALIFORNIA INSURED MUNICIPAL FUND
MUNICIPAL AUCTION RATE CUMULATIVE PREFERRED SHARES
THIS PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned shareholder hereby appoints William J. Ballou, Suzan M. Barron,
Nancy L. Conlin, Stephen E. Gibson, Timothy J. Jacoby, Russell L. Kane, Joseph
R. Palombo and Vincent P. Pietropaolo, each of them proxies of the undersigned,
with power of substitution, to vote at the Annual Meeting of Shareholders of
Colonial California Insured Municipal Fund to be held in Boston, Massachusetts,
on Wednesday, May 24, 2000, and at any adjournments, as follows on the reverse
side of this card.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
AND, ABSENT DIRECTION, WILL BE VOTED FOR THE ITEMS ON THE REVERSE SIDE. THIS
PROXY WILL BE VOTED IN ACCORDANCE WITH THE HOLDER'S BEST JUDGMENT AS TO ANY
OTHER MATTER.
THE BOARD OF TRUSTEES RECOMMENDS A VOTE FOR THE FOLLOWING ITEMS SET FORTH ON THE
REVERSE SIDE.
- - - --------------------------------------------------------------------------------
PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN THE ENCLOSED
ENVELOPE.
- - - --------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?
___________________________________ ___________________________________
___________________________________ ___________________________________
___________________________________ ___________________________________
<PAGE>
[X] PLEASE MARK VOTES
AS IN THIS EXAMPLE
- - - --------------------------------------------------------------------------------
COLONIAL CALIFORNIA INSURED MUNICIPAL FUND
- - - --------------------------------------------------------------------------------
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
CONTROL NUMBER:
-------------------------
Please be sure to sign and date this Proxy. Date
- - - --------------------------------------------------------------------------------
- - - ------------Shareholder sign here--------------Co-owner sign here---------------
1. ELECTION OF ELEVEN TRUSTEES. (Item 1 of the Notice)
(01) TOM BLEASDALE
(02) JOHN V. CARBERRY
(03) LORA S. COLLINS
(04) JAMES E. GRINNELL
(05) RICHARD W. LOWRY
(06) SALVATORE MACERA
(07) WILLIAM E. MAYER
(08) JAMES L. MOODY, JR.
(09) JOHN J. NEUHAUSER
(10) THOMAS E. STITZEL
(11) ANNE-LEE VERVILLE
FOR ALL WITH- FOR ALL
NOMINEES HOLD EXCEPT
[ ] [ ] [ ]
Instruction: To withhold authority to vote for any individual nominee, mark the
"For All Except" box and strike a line through the name(s) of the nominee(s).
Your shares will be voted for the remaining nominee(s).
2. PROPOSAL TO RATIFY THE SELECTION OF INDEPENDENT ACCOUNTANTS. (Item 2 of the
Notice)
FOR AGAINST ABSTAIN
[ ] [ ] [ ]
3. IN THEIR DISCRETION, UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE
THE MEETING.
Please sign exactly as name(s) appear(s) hereon. Joint owners should each sign
personally. When signing as attorney, executor, administrator, trustee or
guardian, please give full title as such. If a corporation, please sign in
corporate name by President or other authorized officer. If a partnership,
please sign in partnership name by authorized person.
RECORD DATE SHARES:
- - - --------------------------------------------------------------------------------
<PAGE>
COLONIAL INSURED MUNICIPAL FUND
MUNICIPAL AUCTION RATE CUMULATIVE PREFERRED SHARES
THIS PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned shareholder hereby appoints William J. Ballou, Suzan M. Barron,
Nancy L. Conlin, Stephen E. Gibson, Timothy J. Jacoby, Russell L. Kane, Joseph
R. Palombo and Vincent P. Pietropaolo, each of them proxies of the undersigned,
with power of substitution, to vote at the Annual Meeting of Shareholders of
Colonial Insured Municipal Fund to be held in Boston, Massachusetts, on
Wednesday, May 24, 2000, and at any adjournments, as follows on the reverse side
of this card.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
AND, ABSENT DIRECTION, WILL BE VOTED FOR THE ITEMS ON THE REVERSE SIDE. THIS
PROXY WILL BE VOTED IN ACCORDANCE WITH THE HOLDER'S BEST JUDGMENT AS TO ANY
OTHER MATTER.
THE BOARD OF TRUSTEES RECOMMENDS A VOTE FOR THE FOLLOWING ITEMS SET FORTH ON THE
REVERSE SIDE.
- - - --------------------------------------------------------------------------------
PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN THE ENCLOSED
ENVELOPE.
- - - --------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?
___________________________________ ___________________________________
___________________________________ ___________________________________
___________________________________ ___________________________________
<PAGE>
[X] PLEASE MARK VOTES
AS IN THIS EXAMPLE
- - - --------------------------------------------------------------------------------
COLONIAL INSURED MUNICIPAL FUND
- - - --------------------------------------------------------------------------------
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
CONTROL NUMBER:
-------------------------
Please be sure to sign and date this Proxy. Date
- - - --------------------------------------------------------------------------------
- - - ------------Shareholder sign here--------------Co-owner sign here---------------
1. ELECTION OF ELEVEN TRUSTEES. (Item 1 of the Notice)
(01) TOM BLEASDALE
(02) JOHN V. CARBERRY
(03) LORA S. COLLINS
(04) JAMES E. GRINNELL
(05) RICHARD W. LOWRY
(06) SALVATORE MACERA
(07) WILLIAM E. MAYER
(08) JAMES L. MOODY, JR.
(09) JOHN J. NEUHAUSER
(10) THOMAS E. STITZEL
(11) ANNE-LEE VERVILLE
FOR ALL WITH- FOR ALL
NOMINEES HOLD EXCEPT
[ ] [ ] [ ]
Instruction: To withhold authority to vote for any individual nominee, mark the
"For All Except" box and strike a line through the name(s) of the nominee(s).
Your shares will be voted for the remaining nominee(s).
2. PROPOSAL TO RATIFY THE SELECTION OF INDEPENDENT ACCOUNTANTS. (Item 2 of the
Notice)
FOR AGAINST ABSTAIN
[ ] [ ] [ ]
3. IN THEIR DISCRETION, UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE
THE MEETING.
Please sign exactly as name(s) appear(s) hereon. Joint owners should each sign
personally. When signing as attorney, executor, administrator, trustee or
guardian, please give full title as such. If a corporation, please sign in
corporate name by President or other authorized officer. If a partnership,
please sign in partnership name by authorized person.
RECORD DATE SHARES:
- - - --------------------------------------------------------------------------------
COLONIAL HIGH INCOME MUNICIPAL TRUST
COMMON SHARES
This Proxy Solicited on Behalf of the Board of Trustees
The undersigned shareholder hereby appoints William J. Ballou, Suzan M. Barron,
Nancy L. Conlin, Stephen E. Gibson, Timothy J. Jacoby, Russell L. Kane,
Joseph R. Palombo and Vincent P. Pietropaolo, each of them proxies of the
undersigned, with power of substitution, to vote at the Annual Meeting of
Shareholders of Colonial High Income Municipal Trust to be held in Boston,
Massachusetts, on Wednesday, May 24, 2000, and at any adjournments, as follows
on the reverse side of this card.
/X/ Please mark votes as in this example.
PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN THE ENCLOSED
ENVELOPE.
The Board of Trustees recommends a vote FOR the following items:
1. ELECTION OF THREE TRUSTEES. (Item 1 of the Notice)
James E. Grinnell William E. Mayer James L. Moody, Jr.
/ / FOR ALL NOMINEES / / WITHHOLD / / FOR ALL NOMINEES EXCEPT
Instruction: To withhold authority to vote for any individual nominee, mark the
"For All Except" box and strike a line through the name(s) of the nominee(s).
Your shares will be voted for the remaining nominee(s).
2. PROPOSAL TO RATIFY THE SELECTION OF INDEPENDENT ACCOUNTANTS.
(Item 2 of the Notice)
/ / FOR / / AGAINST / / ABSTAIN
3. IN THEIR DISCRETION, UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE
THE MEETING.
This proxy, when properly executed, will be voted in the manner directed herein
and, absent direction, will be voted FOR the Items above. This proxy will be
voted in accordance with the holder's best judgment as to any other matter.
RECORD DATE SHARES:
Mark box at right if address change or comment has been noted on the reverse
side of this card. / /
Please sign exactly as your name(s)
appear(s) hereon. Joint owners
should each sign personally.
When signing as attorney, executor,
administrator, trustee or guardian,
please give full title as such. If a
corporation, please sign in full
corporate name by President or other
authorized officer. If a partnership,
please sign in partnership name by
authorized person.
Please be sure to sign and date this Proxy.
Shareholder sign here-------- Date-----------
Co-owner sign here---------- Date-----------
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?
============================== ===============================
- - - ------------------------------ -------------------------------
COLONIAL INVESTMENT GRADE MUNICIPAL TRUST
COMMON SHARES
This Proxy Solicited on Behalf of the Board of Trustees
The undersigned shareholder hereby appoints William J. Ballou, Suzan M. Barron,
Nancy L. Conlin, Stephen E. Gibson, Timothy J. Jacoby, Russell L. Kane,
Joseph R. Palombo and Vincent P. Pietropaolo, each of them proxies of the
undersigned, with power of substitution, to vote at the Annual Meeting of
Shareholders of Colonial Investment Grade Municipal Trust to be held in
Boston, Massachusetts, on Wednesday, May 24, 2000, and at any adjournments, as
follows on the reverse side of this card.
/X/ Please mark votes as in this example.
PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN THE ENCLOSED
ENVELOPE.
The Board of Trustees recommends a vote FOR the following items:
1. ELECTION OF FOUR TRUSTEES. (Item 1 of the Notice)
Tom Bleasdale William E. Mayer James L. Moody, Jr.
John J. Neuhauser
/ / FOR ALL NOMINEES / / WITHHOLD / / FOR ALL NOMINEES EXCEPT
Instruction: To withhold authority to vote for any individual nominee, mark the
"For All Except" box and strike a line through the name(s) of the nominee(s).
Your shares will be voted for the remaining nominee(s).
2. PROPOSAL TO RATIFY THE SELECTION OF INDEPENDENT ACCOUNTANTS.
(Item 2 of the Notice)
/ / FOR / / AGAINST / / ABSTAIN
3. IN THEIR DISCRETION, UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE
THE MEETING.
This proxy, when properly executed, will be voted in the manner directed herein
and, absent direction, will be voted FOR the Items above. This proxy will be
voted in accordance with the holder's best judgment as to any other matter.
RECORD DATE SHARES:
Mark box at right if address change or comment has been noted on the reverse
side of this card. / /
Please sign exactly as your name(s) appear(s) hereon.
Joint owners should each sign personally. When signing
as attorney, executor, administrator, trustee or
guardian, please give full title as such. If a
corporation, please sign in full corporate name by
President or other authorized officer. If a
partnership, please sign in partnership name by
authorized person.
Please be sure to sign and date this Proxy.
Shareholder sign here---------- Date------------------
Co-owner sign here------------ Date------------------
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?
============================== ===============================
- - - ------------------------------ -------------------------------
COLONIAL INTERMARKET INCOME TRUST I
This Proxy Solicited on Behalf of the Board of Trustees
The undersigned shareholder hereby appoints William J. Ballou, Suzan M. Barron,
Nancy L. Conlin, Stephen E. Gibson, Timothy J. Jacoby, Russell L. Kane,
Joseph R. Palombo and Vincent P. Pietropaolo, each of them proxies of the
undersigned, with power of substitution, to vote at the Annual Meeting of
Shareholders of Colonial InterMarket Income Trust I to be held in Boston,
Massachusetts, on Wednesday, May 24, 2000, and at any adjournments, as follows
on the reverse side of this card.
/X/ Please mark votes as in this example.
PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN THE ENCLOSED
ENVELOPE.
The Board of Trustees recommends a vote FOR the following items:
1. ELECTION OF FIVE TRUSTEES. (Item 1 of the Notice)
Tom Bleasdale John V. Carberry Lora S. Collins
Salvatore Macera John J. Neuhauser
/ / FOR ALL NOMINEES / / WITHHOLD / / FOR ALL NOMINEES EXCEPT
Instruction: To withhold authority to vote for any individual nominee, mark the
"For All Except" box and strike a line through the name(s) of the nominee(s).
Your shares will be voted for the remaining nominee(s).
2. PROPOSAL TO RATIFY THE SELECTION OF INDEPENDENT ACCOUNTANTS.
(Item 2 of the Notice)
/ / FOR / / AGAINST / / ABSTAIN
3. IN THEIR DISCRETION, UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE
THE MEETING.
This proxy, when properly executed, will be voted in the manner directed herein
and, absent direction, will be voted FOR the Items above. This proxy will be
voted in accordance with the holder's best judgment as to any other matter.
RECORD DATE SHARES:
Mark box at right if address change or comment has been noted on the reverse
side of this card. / /
Please sign exactly as your name(s) appear(s) hereon.
Joint owners should each sign personally. When signing
as attorney, executor, administrator, trustee or
guardian, please give full title as such. If a
corporation, please sign in full corporate name by
President or other authorized officer. If a
partnership, please sign in partnership name by
authorized person.
Please be sure to sign and date this Proxy.
Shareholder sign here---------- Date------------------
Co-owner sign here------------ Date------------------
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?
============================== ===============================
- - - ------------------------------ -------------------------------
COLONIAL CALIFORNIA INSURED MUNCIPAL FUND
COMMON SHARES
This Proxy Solicited on Behalf of the Board of Trustees
The undersigned shareholder hereby appoints William J. Ballou, Suzan M. Barron,
Nancy L. Conlin, Stephen E. Gibson, Timothy J. Jacoby, Russell L. Kane,
Joseph R. Palombo and Vincent P. Pietropaolo, each of them proxies of the
undersigned, with power of substitution, to vote at the Annual Meetings of
Shareholders of Colonial California Insured Municipal Fund to be held in
Boston, Massachusetts, on Wednesday, May 24, 2000, and at any adjournments, as
follows on the reverse side of this card.
/X/ Please mark votes as in this example.
PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN THE ENCLOSED
ENVELOPE.
The Board of Trustees recommends a vote FOR the following items:
1. ELECTION OF NINE TRUSTEES. (Item 1 of the Notice)
Tom Bleasdale John V. Carberry Lora S. Collins
James E. Grinnell Richard W. Lowry William E. Mayer
James L. Moody, Jr. John J. Neuhauser Anne-Lee Verville
/ / FOR ALL NOMINEES / / WITHHOLD / / FOR ALL NOMINEES EXCEPT
Instruction: To withhold authority to vote for any individual nominee, mark the
"For All Except" box and strike a line through the name(s) of the nominee(s).
Your shares will be voted for the remaining nominee(s).
2. PROPOSAL TO RATIFY THE SELECTION OF INDEPENDENT ACCOUNTANTS.
(Item 2 of the Notice)
/ / FOR / / AGAINST / / ABSTAIN
3. IN THEIR DISCRETION, UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE
THE MEETING.
This proxy, when properly executed, will be voted in the manner directed herein
and, absent direction, will be voted FOR the Items above. This proxy will be
voted in accordance with the holder's best judgment as to any other matter.
RECORD DATE SHARES:
Mark box at right if address change or comment has been noted on the reverse
side of this card. / /
Please sign exactly as your name(s) appear(s) hereon.
Joint owners should each sign personally. When signing
as attorney, executor, administrator, trustee or
guardian, please give full title as such. If a
corporation, please sign in full corporate name by
President or other authorized officer. If a
partnership, please sign in partnership name by
authorized person.
Please be sure to sign and date this Proxy.
Shareholder sign here---------- Date------------------
Co-owner sign here------------ Date------------------
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?
============================== ===============================
- - - ------------------------------ -------------------------------
COLONIAL INSURED MUNCIPAL FUND
COMMON SHARES
This Proxy Solicited on Behalf of the Board of Trustees
The undersigned shareholder hereby appoints William J. Ballou, Suzan M. Barron,
Nancy L. Conlin, Stephen E. Gibson, Timothy J. Jacoby, Russell L. Kane,
Joseph R. Palombo and Vincent P. Pietropaolo, each of them proxies of the
undersigned, with power of substitution, to vote at the Annual Meetings of
Shareholders of Colonial Insured Municipal Fund to be held in Boston,
Massachusetts, on Wednesday, May 24, 2000, and at any adjournments, as follows
on the reverse side of this card.
/X/ Please mark votes as in this example.
PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN THE ENCLOSED
ENVELOPE.
The Board of Trustees recommends a vote FOR the following items:
1. ELECTION OF NINE TRUSTEES. (Item 1 of the Notice)
Tom Bleasdale John V. Carberry Lora S. Collins
James E. Grinnell Richard W. Lowry William E. Mayer
James L. Moody, Jr. John J. Neuhauser Anne-Lee Verville
/ / FOR ALL NOMINEES / / WITHHOLD / / FOR ALL NOMINEES EXCEPT
Instruction: To withhold authority to vote for any individual nominee, mark the
"For All Except" box and strike a line through the name(s) of the nominee(s).
Your shares will be voted for the remaining nominee(s).
2. PROPOSAL TO RATIFY THE SELECTION OF INDEPENDENT ACCOUNTANTS.
(Item 2 of the Notice)
/ / FOR / / AGAINST / / ABSTAIN
3. IN THEIR DISCRETION, UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE
THE MEETING.
This proxy, when properly executed, will be voted in the manner directed herein
and, absent direction, will be voted FOR the Items above. This proxy will be
voted in accordance with the holder's best judgment as to any other matter.
RECORD DATE SHARES:
Mark box at right if address change or comment has been noted on the reverse
side of this card. / /
Please sign exactly as your name(s) appear(s) hereon.
Joint owners should each sign personally. When signing
as attorney, executor, administrator, trustee or
guardian, please give full title as such. If a
corporation, please sign in full corporate name by
President or other authorized officer. If a
partnership, please sign in partnership name by
authorized person.
Please be sure to sign and date this Proxy.
Shareholder sign here---------- Date------------------
Co-owner sign here------------ Date------------------
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?
============================== ===============================
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COLONIAL NEW YORK INSURED MUNCIPAL FUND
COMMON SHARES
This Proxy Solicited on Behalf of the Board of Trustees
The undersigned shareholder hereby appoints William J. Ballou, Suzan M. Barron,
Nancy L. Conlin, Stephen E. Gibson, Timothy J. Jacoby, Russell L. Kane,
Joseph R. Palombo and Vincent P. Pietropaolo, each of them proxies of the
undersigned, with power of substitution, to vote at the Annual Meetings of
Shareholders of Colonial New York Insured Municipal Fund to be held in
Boston, Massachusetts, on Wednesday, May 24, 2000, and at any adjournments,
as follows on the reverse side of this card.
/X/ Please mark votes as in this example.
PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN THE ENCLOSED
ENVELOPE.
The Board of Trustees recommends a vote FOR the following items:
1. ELECTION OF NINE TRUSTEES. (Item 1 of the Notice)
Tom Bleasdale John V. Carberry Lora S. Collins
James E. Grinnell Richard W. Lowry William E. Mayer
James L. Moody, Jr. John J. Neuhauser Anne-Lee Verville
/ / FOR ALL NOMINEES / / WITHHOLD / / FOR ALL NOMINEES EXCEPT
Instruction: To withhold authority to vote for any individual nominee, mark the
"For All Except" box and strike a line through the name(s) of the nominee(s).
Your shares will be voted for the remaining nominee(s).
2. PROPOSAL TO RATIFY THE SELECTION OF INDEPENDENT ACCOUNTANTS.
(Item 2 of the Notice)
/ / FOR / / AGAINST / / ABSTAIN
3. IN THEIR DISCRETION, UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE
THE MEETING.
This proxy, when properly executed, will be voted in the manner directed herein
and, absent direction, will be voted FOR the Items above. This proxy will be
voted in accordance with the holder's best judgment as to any other matter.
RECORD DATE SHARES:
Mark box at right if address change or comment has been noted on the reverse
side of this card. / /
Please sign exactly as your name(s) appear(s) hereon.
Joint owners should each sign personally. When signing
as attorney, executor, administrator, trustee or
guardian, please give full title as such. If a
corporation, please sign in full corporate name by
President or other authorized officer. If a
partnership, please sign in partnership name by
authorized person.
Please be sure to sign and date this Proxy.
Shareholder sign here---------- Date------------------
Co-owner sign here------------ Date------------------
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?
============================== ===============================
- - - ------------------------------ -------------------------------
