INVESTMENT COMPANY ADMINISTRATION CORPORATION
2020 EAST FINANCIAL WAY, SUITE 100
GLENDORA, CA 91741
(626) 852-1033
May 6, 1998
VIA EDGAR
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
Re: Kayne Anderson Mutual Funds
File No. 333-8045, 811-7705
CIK No. 0001018593
Ladies and Gentlemen:
We are filing electronically, on behalf of Kayne Anderson Mutual Funds (the
"Funds"), this certification pursuant to Rule 497(e). On April 30, 1998 the
above referenced registrant filed a Post Effective Amendment Number 3 on Form
N1-A, the final Prospectus and Statement of Additional Information do not differ
from that contained in the N1-A filing. The N1-A filing received accession
number 0000950147-98-000317.
Please give me a call if you have any questions at (626) 852-1033.
Very Truly Yours,
/s/ Rita Dam
Rita Dam
Assistant Treasurer
Kayne Anderson Mutual Funds
