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May 6, 1997
VIA ELECTRONIC FILING
Securities and Exchange Commission
450 5th Street NW
Washington, DC 20549
Re: SAFECO Managed Bond Trust ("Registrant")
1933 Act File No. 33-47859
1940 Act File No. 811-6667
Dear Sir or Madam:
Pursuant to paragraph (j) of Rule 497 of Regulation C, under the Securities Act
of 1933, as amended, in lieu of filing under paragraph (c) of Rule 497, I
certify that (i) the form of No-Load Class Shares Prospectus dated April 30,
1997; (ii) the form of No-Load Class Statement of Additional Information dated
April 30, 1997, and (iii) the form of Advisor Class A and Advisor Class B Shares
Statement of Information dated April 30, 1997 for the above-captioned registrant
that would have been filed under paragraph (c) of Rule 497 does not differ from
that contained in the most recent amendment to the registration statement, and
further, that the text of the most recent registration statement was filed
electronically on April 30, 1997.
Sincerely,
/s/ Mark A. Chapleau
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Mark A. Chapleau
Counsel
