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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 June 9, 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: William P. Sterling
(Managing Director), 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), Ira Edelblum (Director) and
Jo Ann Corkran (Director). Robert J. Moore, Diane Damskey and Robert W. Justich,
who had been members of the Team, have resigned from the funds' investment
adviser.
Dated: June 14, 1999 16-0699 for
WPBDT
WPCOR
