INVESCO Balanced Fund
Supplement to Prospectus
dated November 30, 1995
The section of the Fund's Prospectus entitled "The Fund and Its Management" is
amended to (1) delete the third paragraph and (2) substitute the following new
paragraph in its place:
Charles P. Mayer has served as co-portfolio manager of the Fund
since 1996 and is primarily responsible for the day-to-day
management of the Fund's equity holdings. He is also co-portfolio
manager of INVESCO Industrial Income Fund, Inc. and INVESCO
VIF-Industrial Income Portfolio. Mr. Mayer began his investment
career in 1969 and is now a senior vice president of INVESCO Trust;
from 1993 to 1994, he was a vice president of INVESCO Trust.
From 1984 to 1993, he was a portfolio manager with Westinghouse
Pension. B.A., St. Peter's College; M.B.A., St. John's University;
Chartered Financial Analyst.
The date of this supplement is June 20, 1996.
