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MUNICIPAL FUND FOR CALIFORNIA INVESTORS, INC.
CALIFORNIA INTERMEDIATE MUNICIPAL FUND
SUPPLEMENT DATED JANUARY 6, 1997 TO THE
PROSPECTUS DATED MAY 31, 1996
The second paragraph under the section "Investment Adviser and Sub-Adviser"
on page 10 of the prospectus is deleted and replaced with the following:
The California Intermediate Municipal Fund's portfolio manager, Kevin
Klingert, is the person primarily responsible for the day-to-day management
of the Fund's investments. Mr. Klingert has been with PIMC and has been the
Fund's manager since January 6, 1997. Since 1991 he has been a portfolio
manager at BlackRock Financial Management, Inc. ("BlackRock"). Prior to
joining BlackRock, Mr. Klingert was an Assistant Vice President of Merrill,
Lynch, Pierce, Fenner & Smith.
PIF-SP-018
