September 19, 1997
SUPPLEMENT TO THE PROSPECTUS OF:
PIONEER TAX-FREE INCOME FUND
DATED APRIL 30, 1997
IV. MANAGEMENT OF THE FUND
Mr. David Tripple, President and Chief Investment Officer of PMC and
Executive Vice President of each Pioneer mutual fund, has general responsibility
for PMC's investment operations and chairs a committee of PMC's fixed income
managers which reviews PMC's research and portfolio operations, including those
of the Fund. Mr. Tripple joined PMC in 1974.
Research and management for the Fund is the responsibility of a team of
portfolio managers and analysts focusing on fixed income securities. Members of
the team meet regularly to discuss holdings, prospective investments and
portfolio composition. Mr. Sherman Russ, a Senior Vice President of PMC, is the
senior member of the fixed income team. Mr. Russ joined PMC in 1983. Day-to-day
management of the Fund has been the responsibility of Mr. Russ since September
2, 1997.
0997-4559
(C) Pioneer Funds Distributor, Inc.
