METROPOLITAN WEST FUNDS
Total Return Bond Fund
Low Duration Bond Fund
Short-Term Investment Fund
AlphaTrak 500 Fund
Supplement dated June 15, 2000
to Prospectus dated July 27, 1999
Information with respect to the purchase of shares of the Funds found
under the heading "HOW TO PURCHASE SHARES" on page 19 of the Prospectus is
hereby supplemented as follows:
By Automatic Investment Plan
Once an account has been opened, you can make additional purchases of shares
of the Funds through an Automatic Investment Plan. This Plan provides a
convenient method to have monies deducted directly from your bank account
for investment into the Funds. You can make automatic monthly, quarterly
or annual purchases of $100 or more into the Fund or Funds. The Funds may
alter, modify or terminate this Plan at any time. To begin participating
in this Plan, please contact the Funds at (800) 241-4671.
Information with respect to the sale of shares of the Funds found under
the heading "HOW TO REDEEM SHARES" on page 20 of the Prospectus is hereby
supplemented as follows:
Systematic Withdrawal Plan
If you own or are purchasing shares of the Funds having a current value
of at least $10,000, you may participate in a Systematic Withdrawal Plan.
This Plan provides for automatic redemptions of at least $100 on a monthly,
quarterly, semi-annually or annual basis. You may establish this Plan by
calling the Funds at (800) 241-4671 or sending a letter to PFPC Inc. Notice
of all changes concerning this Plan must be received by PFPC Inc. at least
two weeks prior to the next scheduled payment. Further information
quirements can be obtained by contacting the Funds at (800) 241-4671.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
WITH THE PROSPECTUS AND STATEMENT OF ADDITIONAL
INFORMATION FOR FUTURE REFERENCE.
METROPOLITAN WEST FUNDS
Total Return Bond Fund
Low Duration Bond Fund
Short-Term Investment Fund
CLASS I SHARES
Supplement dated June 15, 2000
to Prospectus dated March 31, 2000
Information with respect to the sale of shares of the Funds found under
the heading "HOW TO REDEEM SHARES" on page 19 of the Prospectus is
hereby supplemented as follows:
Systematic Withdrawal Plan
The Systematic Withdrawal Plan provides for automatic redemptions of at
least $100,000 on a monthly, quarterly, semi-annually or annual basis.
You may establish this Plan by calling the Funds at (800) 241-4671 or
sending a letter to PFPC Inc. Notice of all changes concerning this
Plan must be received by PFPC Inc. at least two weeks prior to the next
scheduled payment. Further information regarding this Plan and its
requirements can be obtained by contacting the Funds at (800) 241-4671.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
WITH THE PROSPECTUS AND STATEMENT OF ADDITIONAL
INFORMATION FOR FUTURE REFERENCE.
