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Horace Mann Growth Fund, Inc.
Horace Mann Income Fund, Inc.
Horace Mann Balanced Fund, Inc.
Horace Mann Short-Term Investment Fund, Inc.
Supplement to Prospectus dated May 1, 1996
The disclosure contained on page 6 regarding "Investment Advisor,
Wellington Management Company" is revised by substituting the following for the
third paragraph under that heading:
John C. Keogh, Senior Vice President of Wellington Management,
began providing investment advice to the Short-Term Fund on November
1, 1989, and assumed primary responsibility for the day-to-day
investment management of the Short-Term Fund on September 1, 1991.
Mr. Keogh has been a portfolio manager with Wellington Management's
fixed income group since 1985 and held the position of Vice President
from 1984 until he was promoted to Senior Vice President of Wellington
Management in January 1994.
Robert D. Payne, CFA, Senior Vice President of Wellington
Management, assumed primary responsibility for the day-to-day
investment management of the Income Fund and bond portion of the
Balanced Fund on March 10, 1997. Mr. Payne has been a portfolio
manager with Wellington Management's fixed income group since 1972 and
held the position of Vice President from 1972 until he was promoted to
Senior Vice President of Wellington Management in January 1996.
Supplement dated March 10, 1997.
