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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 May 5, 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), Robert W. Justich
(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 and Diane Damskey, who had been members of the Team,
resigned from the Funds' Adviser on that date.
Dated: May 13, 1999 16-0599 for
WPBDT
WPCOR
