Supplement dated February 7, 1996 to Prospectus of Equity Income
Fund, Select Growth 1995 Series 2, 3, 4
.f
Effective immediately, purchases of less than $250,000 of this
series will be subject to an initial sales charge of up to 1% of the public
offering price plus only the remaining installments of the deferred sales
charge - the purchaser will not be required to pay previously deducted
installments of the deferred sales charge. Purchases of $250,000 or more will
only be subject to the remaining deferred sales charges.
.nf
Initial Sales Charge As Percentage of
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Net Amount
Amount Purchased Public Offering Price _Invested_
~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~
Less than $50,000 1% 1.010%
$50,000 to $99,999 .75 .756
$100,000 to $249,999 .25 .251
