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WARBURG PINCUS MUNICIPAL BOND FUND
WARBURG PINCUS STRATEGIC GLOBAL FIXED INCOME FUND
Supplement to the Prospectuses and Statements of Additional Information
The following information supersedes certain information in the funds'
Prospectuses and Statements of Additional Information.
Effective July 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,
Mark K. Silverstein, Dilip K. Rasgotra (Warburg Pincus Strategic Global Fixed
Income Fund only), and Jo Ann Corkran. William P. Sterling, who had been a
member of the Team, has resigned from the funds' investment adviser.
Dated: July 6, 1999 WPBDT-16-0799
