COLUMBIA HIGH YIELD FUND INC
497J, 1997-02-26
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<PAGE>

February 26, 1997

Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C.  20549

    RE:  Columbia High Yield Fund, Inc.
         File Nos. 33-65478, CIK 0000908836

    Pursuant to Rule 497(j) under the Securities Act of 1933, the Registrant 
certifies that the form of Prospectus and Statement of Additional Information 
that would have been filed pursuant to Rule 497(c) under the Securities Act 
of 1933, as amended, would not have differed from those contained in the 
Post-Effective Amendment to the Registration Statement on Form N1-A for the 
above Registrant as filed electronically with the Securities and Exchange 
Commission on February 24, 1997.

    Any questions regarding this transmission can be directed to Jeff Curtis at
(503) 795-6441.

                                       Sincerely,

                                       Columbia High Yield Fund, Inc.


                                       George L. Hanseth
                                       Senior Vice President


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