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United Municipal Bond Fund, Inc. Supplement to the Statement of Additional Information dated January 21, 1996. Effective April 1, 1996, the monthly amount the Fund pays Waddell & Reed Services Company for each Class A shareholder account which was in existence at any time during the month was increased from $1.0208 to $1.3125. To be attached to the front of page 26 of the SAI. Supplement dated April 29, 199
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