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SUPPLEMENT TO THE PROSPECTUSES AND STATEMENTS OF ADDITIONAL INFORMATION
WARBURG PINCUS MUNICIPAL BOND FUND
WARBURG PINCUS STRATEGIC GLOBAL FIXED INCOME FUND
WARBURG PINCUS U.S. CORE FIXED INCOME FUND
The following information supersedes certain information in the Funds'
Prospectuses and Statements of Additional Information.
Effective August 6, 1999, the Credit Suisse Asset Management Fixed Income
Management Team, which is responsible for the day-to-day management of the
Funds, consists of the following investment professionals: Gregg M. Diliberto
(Managing Director), Dilip K. Rasgotra (Managing Director, CSAM
Limited -- Warburg Pincus Strategic Global Fixed Income Fund only), Mark K.
Silverstein (Managing Director), Jo Ann Corkran (Director) and Jose A. Rodriguez
(Director) (see biography below). Robert J. Moore, Diane Damskey, Ira Edelblum,
Robert W. Justich and William P. Sterling, who had been members of the Team,
have resigned from the Funds' investment adviser.
Jose A. Rodriguez joined Credit Suisse Asset Management, LLC in August 1999.
Previously, Mr. Rodriguez was a managing director and senior portfolio manager
at Prudential Investments from 1993 to 1999.
Dated: August 10, 1999 16-0899 for
WPBDT
WPCOR
