-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GLF2WX5T6M42ZhTTzpnfr3yAFPq0D6kRiRyvdooYgbvfNfTZSmiMCtwKzzonfpQO gunEy+r6ey/GVt9/IKG6ew== 0000892712-10-000375.txt : 20100430 0000892712-10-000375.hdr.sgml : 20100430 20100430094517 ACCESSION NUMBER: 0000892712-10-000375 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100430 DATE AS OF CHANGE: 20100430 EFFECTIVENESS DATE: 20100430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HILLIARD LYONS GOVERNMENT FUND INC CENTRAL INDEX KEY: 0000317872 IRS NUMBER: 610978881 STATE OF INCORPORATION: MD FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-68290 FILM NUMBER: 10784256 BUSINESS ADDRESS: STREET 1: HILLIARD LYONS CTR STREET 2: PO BOX 32760 CITY: LOUISVILLE STATE: KY ZIP: 40232 BUSINESS PHONE: 5025888832 MAIL ADDRESS: STREET 1: PO BOX 32760 CITY: LOUISVILLE STATE: KY ZIP: 40232 FORMER COMPANY: FORMER CONFORMED NAME: HILLIARD LYONS CASH MANAGEMENT INC DATE OF NAME CHANGE: 19830125 0000317872 S000000761 HILLIARD LYONS GOVERNMENT FUND INC C000002178 HILLIARD LYONS GOVERNMENT FUND INC HLCXX 497 1 hlgf497e.htm



Filed pursuant to Rule 497(e)

Registration Nos. 002-68290; 811-3070



HILLIARD-LYONS GOVERNMENT FUND, INC.


Prospectus Supplement

To Prospectus Dated January 1, 2010



The Board of Directors of Hilliard-Lyons Government Fund, Inc. (the “Hilliard Fund”) recently approved the reorganization of the Hilliard Fund into Government Cash Series (the “Federated Fund”), a series of Cash Trust Series, Inc.  As a result of the reorganization, each shareholder of the Hilliard Fund will become a shareholder of the Federated Fund and will receive shares of the Federated Fund of equal value to their shares in the Hilliard Fund.  It is expected that the reorganization will be treated as a tax-free reorganization for federal tax purposes and will occur on or about July 23, 2010 (the “Closing Date”).  The background to the reorganization was described in the Hilliard Fund’s prospectus supplement dated March 19, 2010.  


In connection with the reorganization, beginning June 1, 2010, the Hilliard Fund will be closed to new investors.  Existing Hilliard Fund shareholders will be able to continue to make investments in the Hilliard Fund until a few days prior to the Closing Date.


The Hilliard Fund may stop accepting new investments, and purchasing portfolio securities, a few days prior to the Closing Date in order to facilitate the transfer of its portfolio securities to the Federated Fund as part of the reorganization.  


The date of this Prospectus Supplement is April 30, 2010.


Please keep this Prospectus Supplement with your records.







 -----END PRIVACY-ENHANCED MESSAGE-----