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NEUBERGER&BERMAN
INCOME FUNDS [REGISTERED TRADE MARK]
Supplement to the Prospectus dated February 3, 1997
The following section, under the heading "How to Buy Shares" on page 31, is
hereby amended to read as follows:
By Mail
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Send your check or money order payable to "Neuberger&Berman Funds" by mail
to:
Neuberger&Berman Funds
Boston Service Center
P.O. Box 8403
Boston, MA 02266-8403
or by overnight courier, U.S. Express Mail, or registered or certified mail to:
Neuberger&Berman Funds
c/o State Street Bank and Trust Company
2 Heritage Drive
North Quincy, MA 02171
Be sure to specify the name of the Fund whose shares you want to buy. If this
is your FIRST PURCHASE of shares of a Fund, please complete and sign an
application for a new Fund account and send it along with a check or money order
for a minimum of $2,000. For each ADDITIONAL PURCHASE, please send at least $100
for shares of any Fund. YOUR CHECK OR MONEY ORDER MUST BE MADE PAYABLE ON ITS
FACE TO NEUBERGER& BERMAN FUNDS, OTHERWISE IT CANNOT BE ACCEPTED. THIRD PARTY
CHECKS WILL NOT BE ACCEPTED.
Checks and money orders for the purchase of shares of the Funds are accepted
only after the check or money order is received at one of the two addresses
shown above.
The date of this Supplement is April 7, 1997.
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