Columbia Core Bond Fund (Fund)

77E Legal Proceedings

On February 9, 2005, Columbia Management Advisors, Inc. (which has since merged
into Banc of America Capital Management, LLC (now named Columbia Management
Advisors, LLC)) ("Columbia") and Columbia Funds Distributor, Inc. (which has
been renamed Columbia Management Distributors, Inc.) (the "Distributor")
(collectively, the "Columbia Group") entered into an Assurance of Discontinuance
with the New York Attorney General ("NYAG") (the "NYAG Settlement") and
consented to the entry of a cease-and-desist order by the Securities and
Exchange Commission ("SEC") (the "SEC Order"). The SEC Order and the NYAG
Settlement are referred to collectively as the "Settlements". The Settlements
contain substantially the same terms and conditions as outlined in the
agreements in principle which Columbia Group entered into with the SEC and NYAG
in March 2004.

Under the terms of the SEC Order, the Columbia Group agreed, among other things,
to: pay $70 million in disgorgement and $70 million in civil money penalties;
cease and desist from violations of the antifraud provisions and certain other
provisions of the federal securities laws; maintain certain compliance and
ethics oversight structures; retain an independent consultant to review the
Columbia Group's applicable supervisory, compliance, control and other policies
and procedures; and retain an independent distribution consultant (see below).
The Columbia Funds have also voluntarily undertaken to implement certain
governance measures designed to maintain the independence of their boards of
trustees. The NYAG Settlement also, among other things, requires Columbia and
its affiliates to reduce management fees for certain Columbia Funds (including
the former Nations Funds) and other mutual funds collectively by $32 million per
year for five years, for a projected total of $160 million in management fee
reductions.

Pursuant to the procedures set forth in the SEC order, the $140 million in
settlement amounts described above will be distributed in accordance with a
distribution plan developed by an independent distribution consultant and
approved by the SEC. The independent distribution consultant has been in
consultation with the staff of the SEC and has submitted a proposed plan of
distribution. The SEC has released the proposed plan of distribution for public
notice and comment but has not yet approved a final plan of distribution.

As a result of these matters or any adverse publicity or other developments
resulting from them, there may be increased redemptions or reduced sales of fund
shares, which could increase transaction costs or operating expenses, or have
other adverse consequences for the funds.

A copy of the SEC Order is available on the SEC website at http://www.sec.gov. A
copy of the NYAG Settlement is available as part of the Bank of America
Corporation Form 8-K filing on February 10, 2005.

In connection with the events described in detail above, various parties have
filed suit against certain funds, the Trustees of the Columbia Funds,
FleetBoston Financial Corporation and its affiliated entities and/or Bank of
America and its affiliated entities.

On February 20, 2004, the Judicial Panel on Multidistrict Litigation transferred
these cases and cases against other mutual fund companies based on similar
allegations to the United States District Court in Maryland for consolidated or
coordinated pretrial proceedings (the "MDL"). Subsequently, additional related
cases were transferred to the MDL. On September 29, 2004, the plaintiffs in the
MDL filed amended and consolidated complaints. One of these amended complaints
is a putative class action that includes claims under the federal securities
laws and state common law, and that names Columbia, the Distributor, the
Trustees of the Columbia Funds, Bank of America Corporation and others as
defendants. Another of the amended complaints is a derivative action purportedly
on behalf of the Columbia Funds that asserts claims under federal securities
laws and state common law.

On February 25, 2005, Columbia and other defendants filed motions to dismiss the
claims in the pending cases. On March 1, 2006, for reasons stated in the court's
memoranda dated November 3, 2005, the U.S. District Court for the District of
Maryland granted in part and denied in part the defendants' motions to dismiss.
The court dismissed all of the class action claims pending against the Columbia
Funds Trusts. As to Columbia and the Distributor, the claims under the
Securities Act of 1933, the claims under Sections 34(b) and 36(a) of the
Investment Company Act of 1940 ("ICA") and the state law claims were dismissed.
The claims under Sections 10(b) and 20(a) of the Securities Exchange Act of
1934 and claims under Section 36(b) of the ICA were not dismissed.

On March 21, 2005, a purported class action was filed in Massachusetts state
court alleging that the conduct, including market timing, entitles Class B
shareholders in certain Columbia funds to an exemption from contingent deferred
sales charges upon early redemption ("the CDSC Lawsuit"). The CDSC Lawsuit has
been removed to federal court in Massachusetts and the federal Judicial Panel
has transferred the CDSC Lawsuit to the MDL.

On April 4, 2006, the plaintiffs and the Columbia defendants named in the MDL,
including the Columbia Funds, entered into a term sheet containing the principal
terms of a stipulation of settlement that would settle all Columbia-related
claims in the MDL described above, including the CDSC Lawsuit. On April 6, 2006,
the U.S. District Court for the District of Maryland stayed all actions with
respect to these Columbia-related claims.

In 2004, certain Columbia funds, the Trustees of the Columbia Funds, advisers
and affiliated entities were named as defendants in certain purported
shareholder class and derivative actions making claims, including claims under
the Investment Company and the Investment Advisers Acts of 1940 and state law.
The suits allege, inter alia, that the fees and expenses paid by the funds are
excessive and that the advisers and their affiliates inappropriately used fund
assets to distribute the funds and for other improper purposes. On March 2,
2005, the actions were consolidated in the Massachusetts federal court as In re
Columbia Entities Litigation. The plaintiffs filed a consolidated amended
complaint on June 9, 2005 naming the Columbia Funds as nominal defendants. On
November 30, 2005, the judge dismissed all claims by plaintiffs and ordered that
the case be closed. The plaintiffs filed a notice of appeal to the United States
Court of Appeals for the First Circuit on December 30, 2005; this appeal is
currently pending. The parties have advised the appellate court that they are
engaged in settlement discussions and the court has, accordingly, deferred the
briefing schedule for the appeal. The settlement has not yet been finalized. Any
settlement ultimately agreed by the parties will be subject to court approval.

This matter is ongoing. Accordingly, no estimate can be made of the financial
impact, if any, of this litigation on any fund.

77O Transactions effected pursuant to Rule 10f-3
Columbia Core Bond Fund

On May 2, 2006, Columbia Core Bond Fund (Fund) purchased 2,490,000 par value of
bonds of Centex Corp 6.50% 5/1/16 (Securities) for a Total purchase price of
$2,481,733 from Citigroup pursuant to a public offering in which Banc of America
Securities acted as a participating underwriter. Banc of America Securities may
be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Citigroup; JP Morgan;
Banc of America Securities LLC; Barclays Capital; BNP Paribas; Calyon Securities
USA Inc.; Greenwich Capital Financial; SunTrust Robinson Humphrey




Columbia Core Bond Fund

On May 12, 2006, Columbia Core Bond Fund (Fund) purchased 780,000 par value of
bonds of Embarq Corp 7.995% 6/1/16 (Securities) for a Total purchase price of
$779,945 from Bear Stearns pursuant to a public offering in which Banc of
America Securities acted as a participating underwriter. Banc of America
Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Bear Stearns & Co
Inc.; Goldman Sachs & Co.; Lehman Brothers; Citigroup; JP Morgan; Barclays
Capital; Greenwich Capital Markets Inc.; Mitsubishi Bank (US); Wachovia
Securities Inc.




Columbia Core Bond Fund

On May 12, 2006, Columbia Core Bond Fund (Fund) purchased 625,000 par value of
bonds of Embarq Corp 7.082 (Securities) for a Total purchase price of $624,963
from Goldman Sachs pursuant to a public offering in which Banc of America
Securities acted as a participating underwriter. Banc of America Securities may
be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Bear Stearns & Co.
Inc,; Goldman Sachs & Co.; Lehman Brothers; Citigroup; JP Morgan;  Barclays
Capital; Greenwich Capital Markets Inc.; Mitsubishi Bank (US); Wachovia
Securities Inc



Columbia Core Bond Fund

On June 6, 2006, Columbia Core Bond Fund (Fund) purchased 1,495,000 par value of
bonds of Aetna Inc 6.625% 06/15/36 (Securities) for a Total purchase price of
$1,492,070 from Citi Group pursuant to a public offering in which Banc of
America Securities acted as a participating underwriter. Banc of America
Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Bear Stearns & Co.
Inc,; Goldman Sachs & Co.; Lehman Brothers; Citigroup; JP Morgan; Barclays
Capital; Greenwich Capital Markets Inc.; Mitsubishi Bank (US); Wachovia
Securities Inc

Columbia Core Bond Fund

On August 10, 2006, Columbia Core Bond Fund (Fund) purchased 575,000 par value
of bonds of CVS Corp 5.75% 8/15/11 (Securities) for a Total purchase price of
$573,965 from Lehman Brothers pursuant to a public offering in which Banc of
America Securities acted as a participating underwriter. Banc of America
Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: BNY Capital Markets;
Lehman Brothers; Wachovia Securities Inc.; BB&T Capital Markets; Daiwa
Securities SMBC Europe Ltd; HSBC Securities; JP Morgan; Morgan Stanley; Piper
Jaffray & Co.; Wells Fargo


Columbia Core Bond Fund

On August 23, 2006, Columbia Core Bond Fund (Fund) purchased 1,305,000 par value
of bonds of Capital One Financial 6.15% 9/1/16 (Securities) for a Total purchase
price of $1,300,955 from JP Morgan pursuant to a public offering in which Banc
of America Securities acted as a participating underwriter. Banc of America
Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Banc of America
Securities LLC; Barclays Capital; JP Morgan; Credit Suisse; Morgan Stanley;
Wachovia Securities Inc





Columbia Core Bond Fund

On September 5, 2006, Columbia Core Bond Fund (Fund) purchased 1,660,000 par
value of bonds of Capital One Financial 5.70% 9/15/11 (Securities) for a Total
purchase price of $1,659,203 from JP Morgan pursuant to a public offering in
which Banc of America Securities acted as a participating underwriter. Banc of
America Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Credit Suisse
Securities USA LLC; Deutsche Bank Securities Inc.; JP Morgan Securities; Banc of
America Securities LLC; Barclays Capital; Greenwich Capital Markets Inc





Columbia Core Bond Fund

On September 7, 2006, Columbia Core Bond Fund (Fund) purchased 3,550,000 par
value of bonds of CIT Group Inc. 5.85% 9/15/16 (Securities) for a Total purchase
price of $3,547,586 from JP Morgan pursuant to a public offering in which Banc
of America Securities acted as a participating underwriter. Banc of America
Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Deutsche Bank
Securities Inc; JP Morgan; Bear Stearns & Co Inc; BNY Capital Markets;
Citigroup Global Markets Inc.; Credit Suisse; Lasalle Bank NA; Merrill Lynch &
Co; Mitsubishi UFJ Securities Co. Ltd; Wachovia Capital Markets


Columbia Core Bond Fund

On September 13, 2006, Columbia Core Bond Fund (Fund) purchased 690,000 par
value of bonds of FPL Group Capital Var 6.35% 10/1/66 (Securities) for a Total
purchase price of $689,117 from Merrill Lynch pursuant to a public offering in
which Banc of America Securities acted as a participating underwriter. Banc of
America Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Credit Suisse; JP
Morgan; Lehman Brothers; Merrill Lynch & Co.; ABN Amro; Barclays Capital;
Calyon Securities USA Inc; Greenwich Capital Markets Inc.; Keybanc Capital
Markets; Lazard Capital Markets LLC; Scotia Capital Inc.


Columbia Core Bond Fund

On September 14, 2006, Columbia Core Bond Fund (Fund) purchased 510,000 par
value of bonds of Anadarko Petroleum Corp 5.95% 9/15/16 (Securities) for a Total
purchase price of $507,843 from Credit Suisse pursuant to a public offering in
which Banc of America Securities acted as a participating underwriter. Banc of
America Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Citigroup; Credit
Suisse; Goldman Sachs & Co.; UBS Securities LLC; BMO Capital Markets; BNP
Paribas; Deutsche Bank Securities Inc.; Greenwich Capital Market Inc., LaSalle
Bank NA; Mitsubishi UFJ Securities Co. Ltd; Morgan Stanley; Wachovia Securities
Inc.; Calyon Securities USA Inc; DnB NOR Markets; Scotia Capital Inc.; SG
Americas Securities LLC


Columbia Core Bond Fund

On September 14, 2006, Columbia Core Bond Fund (Fund) purchased 545,000 par
value of bonds of Anadarko Petroleum Corp 5.95% 9/15/36 (Securities) for a Total
purchase price of $542,428 from Credit Suisse pursuant to a public offering in
which Banc of America Securities acted as a participating underwriter. Banc of
America Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Citigroup; Credit
Suisse; Goldman Sachs & Co.; UBS Securities LLC; BMO Capital Markets; BNP
Paribas; Deutsche Bank Securities Inc.; Greenwich Capital Market Inc., LaSalle
Bank NA; Mitsubishi UFJ Securities Co. Ltd; Morgan Stanley; Wachovia Securities
Inc.; Calyon Securities USA Inc; DnB NOR Markets; Scotia Capital Inc.; SG
Americas Securities LLC

Columbia Core Bond Fund

On September 22, 2006, Columbia Core Bond Fund (Fund) purchased 11,650,000 par
value of bonds of JP Morgan Chase Commercial Mtg. Sec (Securities) for a Total
purchase price of $11,708,134 from Chase Securities pursuant to a public
offering in which Banc of America Securities acted as a participating
underwriter. Banc of America Securities may be considered to be an affiliate of
the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Commerzbank Corporates
& Markets; IXIS Securities North America Inc.; PNC Capital Markets LLC; Banc of
America Securities LLC; Deutsche Bank Securities








Columbia Core Bond Fund

On April 5, 2006, Columbia Core Bond Fund (Fund) purchased 335,000 par value of
bonds of Viacom Inc 6.875% 04/30/36 (Securities) for a Total purchase price of
$331,660 from Citi Group pursuant to a public offering in which Banc of America
Securities acted as a participating underwriter. Banc of America Securities may
be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Citigroup; JP Morgan;
ABN Amro; Daiwa Bank Limited (US); Deutsche Bank Securities Inc.; Dresdner Bank
(US); Mizuho International PLC; RBS Greenwich Capital; Societe Generale;
Tokyo-Mitsubishi Securities Co Ltd; Wachovia Securities Inc.


Columbia Core Bond Fund

On April 5, 2006, Columbia Core Bond Fund (Fund) purchased 250,000 par value of
bonds of Viacom Inc 5.75% 4/30/11 (Securities) for a Total purchase price of
$248,490 from JP Morgan pursuant to a public offering in which Banc of America
Securities acted as a participating underwriter. Banc of America Securities may
be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Citigroup; JP Morgan;
ABN Amro; Daiwa Securities America Inc.; Deutsche Bank Securities Inc.; Dresdner
Kleinwort Wasserstein/New; Mizuho International PLC; RBS Securities Group;
Societe Generale; Tokyo-Mitsubishi Securities Co Ltd; Wachovia Securities Inc.


Columbia Core Bond Fund

On April 11, 2006, Columbia Core Bond Fund (Fund) purchased 650,000 par value of
notes of Residential Capital 6.50% 4/17/13 (Securities) for a Total purchase
price of $648,128 from Citi Group pursuant to a public offering in which Banc of
America Securities acted as a participating underwriter. Banc of America
Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Barclays Capital; Bear
Stearns & Co. Inc.; Citigroup; HSBC Securities; Credit Suisse Securities USA
LLC; Greenwich Capital Markets, Inc.; JP Morgan Securities; SG Americas
Securities LLC



Columbia Core Bond Fund

On May 2, 2006, Columbia Core Bond Fund (Fund) purchased 2,490,000 par value of
notes of Centex Corp 6.50% 5/1/16 (Securities) for a Total purchase price of
$2,481,733 from Citi Group pursuant to a public offering in which Banc of
America Securities acted as a participating underwriter. Banc of America
Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Citigroup; JP Morgan;
Barclays Capital; BNP Paribas; Calyon Securities USA Inc.; Greenwich Capital
Financial Products; Suntrust Robinson Humphrey


Columbia Core Bond Fund

On May 12, 2006, Columbia Core Bond Fund (Fund) purchased 780,000 par value of
notes of Embarq Corp 7.995% 6/1/16 (Securities) for a Total purchase price of
$779,945 from Bear Stearns pursuant to a public offering in which Banc of
America Securities acted as a participating underwriter. Banc of America
Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Bear, Stearns & Co.
Inc.; Goldman, Sachs & Co.; Lehman Brothers; Citi Group; Barclays Capital;
Mitsubishi UFJ Securities; JP Morgan; RBS Greenwich Capital; Wachovia Securities


Columbia Core Bond Fund

On May 12, 2006, Columbia Core Bond Fund (Fund) purchased 625,000 par value of
notes of Embarq Corp 7.082% 6/1/16 (Securities) for a Total purchase price of
$624,963 from Goldman Sachs pursuant to a public offering in which Banc of
America Securities acted as a participating underwriter. Banc of America
Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Bear, Stearns & Co.
Inc.; Goldman, Sachs & Co.; Lehman Brothers; Citi Group; Barclays Capital;
Mitsubishi UFJ Securities; JP Morgan; RBS Greenwich Capital; Wachovia Securities


Columbia Core Bond Fund

On June 6, 2006, Columbia Core Bond Fund (Fund) purchased 1,495,000 par value of
notes of Aetna Inc. 6.625% 6/15/36 (Securities) for a Total purchase price of
$1,492,070 from Citi Group pursuant to a public offering in which Banc of
America Securities acted as a participating underwriter. Banc of America
Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Citigroup; Deutsche
Bank Securities Inc.; Goldman Sachs & Co.; JP Morgan; Wachovia Securities Inc.;
Barclays Capital; BNY Capital Markets; Credit Suisse; Fifth Third Securities
Inc.; Greenwich Capital Markets Inc.; LaSalle Bank NA; Lazard Capital Markets
LLC; Morgan Stanley & Co. Inc.; Natcity Investments; Piper Jaffray & Co.; PNC
Capital Markets; UBS Securities LLC



Columbia Core Bond Fund

On June 27, 2006, Columbia Core Bond Fund (Fund) purchased 1,245,000 par value
of notes of SabMiller PLC 6.2% 7/1/11 (Securities) for a Total purchase price of
$1,244,116 from Barclays Capital pursuant to a public offering in which Banc of
America Securities acted as a participating underwriter. Banc of America
Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Barclays Capital; JP
Morgan Securities; Morgan Stanley



Columbia Core Bond Fund

On May 23, 2006, Columbia Core Bond Fund (Fund) purchased 6,500,000 par value of
notes of Federal Home Loan Mortgage 5.25% 5/2 (Securities) for a Total purchase
price of $6,499,155 from Lehman Brothers pursuant to a public offering in which
Banc of America Securities acted as a participating underwriter. Banc of America
Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Credit Suisse; Lehman
Brothers; Merrill Lynch & Co.; Barclays Capital; Bear Stearns & Co. Inc.;
Citigroup; FTN Financial; Goldman Sachs & Co.; JP Morgan Securities; Mitsubishi
UFJ Securities Internat; Morgan Stanley; RBS Greenwich Capital; UBS Securities
LLC


Columbia Core Bond Fund

On October 18, 2006, Columbia Core Bond Fund (Fund) purchased 1,235,000 par
value of bonds of Sun Trust Preferred Cap I 5.853% Float Perpetual (Securities)
for a Total purchase price of $1,235,000 from Goldman Sachs pursuant to a public
offering in which Banc of America Securities acted as a participating
underwriter. Banc of America Securities may be considered to be an affiliate of
the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Goldman Sachs & Co.;
Lehman Brothers; SunTrust Robinson Humphrey




Columbia Core Bond Fund

On October 18, 2006, Columbia Core Bond Fund (Fund) purchased 450,000 par value
of bonds of Energy Transfer Partners 6.625% 10/15/2036 (Securities) for a Total
purchase price of $447,458 from Credit Suisse pursuant to a public offering in
which Banc of America Securities acted as a participating underwriter. Banc of
America Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Credit Suisse;
Wachovia Securities Inc.; Deutsche Bank Securities Inc.; RBS Greenwich Capital;
UBS Securities LLC


Columbia Core Bond Fund

On October 18, 2006, Columbia Core Bond Fund (Fund) purchased 560,000 par value
of bonds of Energy Transfer Partners 6.125% 12/15/2017 (Securities) for a Total
purchase price of $559,507 from Credit Suisse pursuant to a public offering in
which Banc of America Securities acted as a participating underwriter. Banc of
America Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Credit Suisse;
Wachovia Securities Inc.; Deutsche Bank Securities Inc.; RBS Greenwich Capital;
UBS Securities LLC


Columbia Core Bond Fund

On October 18, 2006, Columbia Core Bond Fund (Fund) purchased 700,000 par value
of bonds of Southern Union Co. 7.2% Float 11/1/2066 (Securities) for a Total
purchase price of $698,908 from Credit Suisse pursuant to a public offering in
which Banc of America Securities acted as a participating underwriter. Banc of
America Securities may be considered to be an affiliate of the Fund.

The following information was collected pursuant to Rule 10f-3 procedures
adopted by the Fund's Trustees:

o The Fund's advisor, Columbia Management Advisors, LLC. (Advisor) o believed
that the gross underwriting spread associated with the purchase of the
Securities was reasonable and fair compared to the spreads in connection with
similar underwritings of similar securities being sold during a comparable
period of time;

o        The Securities were offered pursuant to an underwriting or similar
         agreement under which the underwriters were committed to purchase all
         of the Securities being offered;

o       The issuer of the Securities has been in continuous operation for at
        least three years;

o       The amount of Securities purchased did not exceed 25% of the amount
        of the offering;

o       The Securities were to be purchased at not more than the public offering
        price no later than the first day of the offering.


Along with Banc of America Securities, the following is a list of members of the
underwriting syndicate for the aforementioned Securities: Credit Suisse;
Goldman Sachs & Co.; Lehman Brothers; Merrill Lynch Pierce Fenner & Smith




77M Mergers
Columbia Core Bond Fund (Fund)
On September 6, 2006, the Columbia Core Bond Bond Fund which is a series of
Columbia Funds Series Trust I (the "Acquiring Fund"), acquired the assets and
assumed the liabilities of Columbia Intermediate Core Bond Fund (the "Acquired
Fund").  The Acquired Fund was a series of Columbia Funds Series Trust, and was
acquired in an exchange for shares of the Acquiring Fund, pursuant to an
agreement and plan of reorganization approved by both the Acquiring Fund's
Board of Trustees and the Acquired Fund's shareholders and Boards of Directors/
Trustees.

77Q1 Exhibits

Management Agreements herein incorporated by reference to Accession Number
0000773757-06-000196.