SUPPLEMENT TO THE PROSPECTUS
United Government Securities Fund, Inc. Class A Shares
The following information replaces the second paragraph of disclosure in the
section entitled "WRIMCO and Its Affiliates" on page 30:
James C. Cusser is primarily responsible for the day-to-day management
of the portfolio of the Fund. Mr. Cusser has held his Fund
responsibilities since January 1997. He is Vice President of WRIMCO
and Vice President of other investment companies for which WRIMCO
serves as investment manager. Mr. Cusser has served as the portfolio
manager for investment companies managed by WRIMCO since August 1992
and has been an employee of WRIMCO since August 1992. From January
1987 to August 1992, Mr. Cusser was Vice President of Kidder, Peabody
& Co., New York. Other members of WRIMCO's investment management
department provide input on market outlook, economic conditions,
investment research and other considerations relating to the Fund's
investments.
To be attached to the cover page of the Prospectus of United Government
Securities Fund, Inc. Class A Shares dated June 30, 1996.
This supplement is dated January 30, 1997.
NUS1011A0
<PAGE>
SUPPLEMENT TO THE PROSPECTUS
United Government Securities Fund, Inc. Class Y Shares
The following information replaces the second paragraph of disclosure in the
section entitled "WRIMCO and Its Affiliates" on page 24:
James C. Cusser is primarily responsible for the day-to-day management
of the portfolio of the Fund. Mr. Cusser has held his Fund
responsibilities since January 1997. He is Vice President of WRIMCO
and Vice President of other investment companies for which WRIMCO
serves as investment manager. Mr. Cusser has served as the portfolio
manager for investment companies managed by WRIMCO since August 1992
and has been an employee of WRIMCO since August 1992. From January
1987 to August 1992, Mr. Cusser was Vice President of Kidder, Peabody
& Co., New York. Other members of WRIMCO's investment management
department provide input on market outlook, economic conditions,
investment research and other considerations relating to the Fund's
investments.
To be attached to the cover page of the Prospectus of United Government
Securities Fund, Inc. Class Y Shares dated June 30, 1996.
This supplement is dated January 30, 1997.
NUS1011-Y
