STI CLASSIC FUNDS

                                   High Income Fund
                              Investment Grade Bond Fund
                   Limited-Term Federal Mortgage Securities Fund
                                Strategic Income Fund
                           U.S. Government Securities Fund

                         Supplement dated May 20, 2003 to the
               Bond and Money Market Funds - Trust Shares Prospectus,
              Bond Funds - Flex and Investor Shares Prospectus and the
      For Participants of SunTrust Banks Sponsored Retirement Plan Prospectus
                 dated October 1, 2002, and any supplements thereto


THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION THAT AFFECTS INFORMATION
CONTAINED IN THE PROSPECTUS AND SHOULD BE READ IN CONJUNCTION WITH THE
PROSPECTUS.

o   Under the heading "INVESTMENT STRATEGY" on page 33 of the Bond and Money
    Market Funds - Trust Shares Prospectus, page 32 of the Bond Funds - Flex and
    Investor Shares Prospectus, and page 41 of the For Participants of SunTrust
    Banks Sponsored Retirement Plans Prospectus, the last sentence of the
    paragraph has been deleted and replaced with the following:

         The effective average weighted maturity of the Fund's portfolio will
         typically range between 4 and 10 years.


o   The following information affects the section called "PORTFOLIO MANAGERS"
    beginning on page 54 of the Bond and Money Market Funds - Trust Shares
    Prospectus, page 43 of the Bond Funds - Flex and Investor Shares Prospectus,
    and page 67 of the For Participants of SunTrust Banks Sponsored Retirement
    Plans Prospectus:

         Effective May 1, 2003, the High Income Fund is co-managed by Ms. Agnes
         G. Pampush, CFA, and Mr. Howard Udis, J.D. Ms. Pampush has managed the
         High Income Fund since April 2000. She has served as Managing Director
         of Trusco since July 2000, after serving as Vice President of Trusco
         since 1998. Ms. Pampush has also served as Director of Fixed Income
         Research at Trusco since May 2002. She has more than 20 years of
         investment experience. Mr. Udis joined Trusco in 2000 and serves as
         Vice President. He has co-managed the High Income Fund since May 2003.
         Prior to joining Trusco, Mr. Udis served as Vice President at Raymond
         James & Associates from 1999 to 2000 and as a Consultant with Sound
         Asset Management from 1996 to 1999. He has more than 15 years of
         investment experience.

         Effective May 1, 2003, the Investment Grade Bond Fund is co-managed by
         Mr. L. Earl Denney, CFA, and Mr. Charles B. Leonard, CFA, FLMI. In
         January 2000, Mr. Denney was named Managing Director of SunTrust Bank
         and is now Managing Director of Trusco, after serving as Managing
         Director of STI since 1983. Mr. Denney has co-managed the Investment
         Grade Bond Fund since it began operating in June 1992. He has more than
         23 years of investment experience. Mr. Leonard has served as Managing
         Director of Trusco since July 2000, after serving as Senior Vice
         President since joining Trusco in 1986. Mr. Leonard has also served as
         Co-Head of Fixed Income Strategy at Trusco since May 2002. Mr. Leonard
         has co-managed the Investment Grade Bond Fund since May 2003. He has
         more than 32 years of investment experience.

         Effective May 1, 2003, the Limited-Term Federal Mortgage Securities
         Fund is co-managed by Mr. L. Earl Denney, CFA, and Mr. Michael G.
         Sebesta, CFA. In January 2000, Mr. Denney was named Managing Director
         of SunTrust Bank and is now Managing Director of Trusco, after serving
         as Managing Director of STI since 1983. Mr. Denney has co-managed the
         Limited-Term Federal Mortgage Securities Fund since it began operating
         in June 1994. He has more than 23 years of investment experience. Mr.
         Sebesta has served as Managing Director of Trusco since May 2002. He
         has co-managed the Limited-Term Federal Mortgage Securities Fund since
         May 2003. Prior to joining Trusco, Mr. Sebesta served as Senior Vice
         President and Senior Fixed Income Manager at Wachovia Asset Management.
         He has more than 15 years of investment experience.

         Effective May 1, 2003, the Strategic Income Fund is co-managed by Mr.
         Neil J. Powers, CFA, and Ms. Agnes G. Pampush, CFA. Mr. Powers joined
         Trusco in 1997 and serves as Managing Director. Mr. Powers has managed
         the Strategic Income Fund since it began operating in November 2001. He
         has more than 18 years of investment experience. Ms. Pampush has served
         as Managing Director of Trusco since July 2000, after serving as Vice
         President of Trusco since 1998. Ms. Pampush has also served as Director
         of Fixed Income Research at Trusco since May 2002. Ms. Pampush has
         co-managed the Strategic Income Fund since May 2003. She has more than
         20 years of investment experience.




              PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.


                                                                 STI-SU-028-0100