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This information supplements the Prospectus dated May 1, 1995
Investment Manager, Administrator,
Distributor, and Sub-Adviser
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Theresa A. Havell is a general partner of Neuberger&Berman and a director and
Vice President of N&B Management. Ms. Havell is the Manager of the Fixed Income
Group of Neuberger&Berman, which she established in 1984. The Fixed Income Group
manages fixed income accounts that had approximately $12 billion of assets as of
June 30, 1995. Ms. Havell has overall responsibility for the activities of the
Fixed Income Group, providing guidance and reviewing portfolio strategy and
structure.
The following members of the Fixed Income Group are primarily responsible for
the day-to-day management of the listed Series:
AMT LIQUID ASSETS Investments -- Josephine P. Mahaney, who has been a Senior
Portfolio Manager in the Fixed Income Group since 1984, an Assistant Vice
President of N&B Management from 1986 to 1994 and a Vice President of N&B
Management since November 1994.
AMT LIMITED MATURITY BOND Investments and AMT BALANCED Investments (debt
securities portion) -- Theresa A. Havell and Thomas G. Wolfe. Mr. Wolfe has been
a Senior Portfolio Manager in the Fixed Income Group since July 1993, Director
of Fixed Income Credit Research since July 1993 and a Vice President of N&B
Management since October 1995. From November 1987 to June 1993 he was Vice
President in the Corporate Finance Department of the Standard & Poor's Rating
Group.
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AMT GOVERNMENT INCOME Investments -- Theresa A. Havell and William H.
Cunningham. Mr. Cunningham has been a member of the Fixed Income Group since
March 1993, a Senior Portfolio Manager in the Fixed Income Group since June 1995
and a Vice President of N&B Management since October 1995. From August 1989 to
February 1993 he was a manager in the Corporate Finance, Merger and Acquisitions
and Capital Markets Groups for a major corporation.
The date of this Supplement is November 7, 1995.
NBAMTSUP1195
