SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 27, 2001 CIGNA HIGH INCOME SHARES ----------------------------------------------------- (Exact name of registrant as specified in its charter) Massachusetts 811-5495 04-2999956 - --------------------------- ------------------- ------------------- (State or other juris- (Commission (IRS Employer diction of incorporation) File Number) Identification No.) 100 Front Street, Suite 300, Worcester, MA 01601 - ---------------------------------------------------- ----------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (860) 226-5576 N/A ------------------------------------------------------------ (Former name or former address, if changed since last report) Item 5. Other Events Alan C. Petersen is no longer the portfolio manager for CIGNA High Income Shares (the "Fund"). The high yield fixed income team of TimesSquare Capital Management, Inc. is now responsible for management of the Fund's portfolio. Date: February 27, 2001 CIGNA HIGH INCOME SHARES. ----------- (Registrant) By: /s/ Jeffrey S. Winer ------------------------- Jeffrey S. Winer Vice President and Secretary