Nations Fund Trust
Nations Short-Term Income Fund
Supplement dated September 5, 1996
to Prospectuses dated July 31, 1996
The combined prospectuses for the Primary A, Primary B, Investor A,
Investor C and Investor N Shares for Nations Short-Term Income Fund are hereby
supplemented by deleting the paragraph regarding David M. Hetherington under the
heading "How The Funds Are Managed" and inserting in its place the following:
Brad Pope is a Product Manager, Fixed Income Management
for TradeStreet and portfolio manager for Nations Short-Term Income Fund.
He is a senior member of the Fixed Income Team. As such, his
responsibilities include setting duration policy for the Nations Fund fixed
income funds. Mr. Pope has been the portfolio manager for Nations
Short-Term Income Fund since August 1996. Prior to assuming this position,
he was a manager in the structured products area. He joined the Investment
Management Group at NationsBank, TradeStreet's predecessor organization in
1988. Mr. Pope has over nine years of investment experience, including
working on the trading floor of the Chicago Board of Trade. Mr. Pope
received a B.B.A. in Finance from the University of Texas at Austin.
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Nations Fund Trust
State Municipal Bond Funds
Supplement dated September 5, 1996
to Prospectuses dated July 31, 1996
The combined prospectuses for the Primary A, Investor A, Investor C and
Investor N Shares for the Nations Fund State Municipal Bond Funds are hereby
supplemented by deleting the second full paragraph under the heading "How
Objectives Are Pursued -- State Intermediate Municipal Bond Funds and State
Municipal Bond Funds" and inserting in its place the following:
Under normal market conditions, the average dollar-weighted
maturity and duration of each of the State Intermediate Municipal Bond
Funds and State Municipal Bond Funds are expected to be as follows:
State Intermediate Municipal Bond Funds -- average dollar-weighted
maturity between three and 10 years and duration between five and six
years; State Municipal Bond Funds -- average dollar-weighted maturity
greater than 10 years and duration between 7.5 and 9.5 years.
