INVESCO COMBINATION STOCK & BOND FUNDS, INC.
INVESCO BALANCED FUND
Supplement to Institutional Class Prospectus dated December 31, 1999
The section of the Prospectus entitled "Fees And Expenses - Annual Fund
Operating Expenses That Are Deducted From Fund Assets" is amended to (1) delete
the table and (2) substitute the following in its place:
ANNUAL FUND OPERATING EXPENSES THAT ARE DEDUCTED FROM FUND ASSETS
BALANCED FUND - INSTITUTIONAL CLASS
Management Fee 0.60%
Distribution and Service (12b-1) Fees None
Other Expenses(1) 0.47%
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Total Annual Fund Operating Expenses(1) 1.07%
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The footnote is not affected by these changes.
The section of the Prospectus entitled "Fees And Expenses - Example" is amended
to (1) delete the second paragraph and (2) substitute the following in its
place:
The Example assumes that you invested $10,000 in the Institutional Class
shares of the Fund for the time periods indicated and redeemed all of your
shares at the end of each period. The Example also assumes that your
investment had a hypothetical 5% return each year and that a Fund's
Institutional Class shares' operating expenses remained the same. Although
the actual costs and performance of the Fund's Institutional Class shares
may be higher or lower, based on these assumptions your costs would have
been:
1 YEAR 3 YEARS 5 YEARS 10 YEARS
$109 $340 $590 $1,306
The section of the Prospectus entitled "How To Buy Shares" is amended to (1)
delete the second, third, fourth, fifth and sixth paragraphs and (2) substitute
the following in their place:
In deciding which class of shares to purchase, you should consider among
other things, (i) the length of time you expect to hold the shares, (ii)
the provisions of the distribution plan applicable to the class, if any,
and (iii) the eligibility requirements that apply to purchases of a
particular class. Institutional Class shares are intended for use by
institutions such as employee benefit plans, retirement plan sponsors and
banks acting for themselves or in a fiduciary or similar capacity. Shares
of the Institutional Class of the Fund are available for the collective
and common trust funds of banks, banks investing for their own account and
banks investing for the account of a public entity (e.g., Taft-Hartley
funds, states, cities, or government agencies) that does not pay
commissions or distribution fees.
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The following chart shows several convenient ways to invest in the Fund.
There is no charge to invest, exchange or redeem shares when you make
transactions directly through INVESCO. However, if you invest in the Fund
through a securities broker, you may be charged a commission or
transaction fee for either purchases or sales of Fund shares. For all new
accounts, please send a completed application form, and specify the fund
or funds you wish to purchase.
INVESCO reserves the right to increase the Fund's minimum investment
requirements in its sole discretion if it determines this action is in the
best interests of the Fund's shareholders. INVESCO will aggregate all of
an institutional investor's accounts and sub-accounts for the purpose of
meeting the Institutional Class' minimum investment requirements. INVESCO
reserves the right in its sole discretion to reject any order to buy the
Fund's Institutional class of shares, including purchases by exchange.
INSTITUTIONAL INVESTORS:
Minimum Initial Investment $10,000,000
Minimum Balance $5,000,000
Minimum Subsequent Investment $1,000,000
RETIREMENT PLANS OR EMPLOYEE BENEFIT PLANS:
Minimum Total Plan Assets $100,000,000
Minimum Initial Investment $10,000,000
Minimum Balance $5,000,000
Minimum Subsequent Investment $1,000,000
This Supplement supercedes the Supplement dated June 1, 2000.
The date of this Supplement is July 15, 2000.
