NVEST MUNICIPAL INCOME FUND
NVEST MASSACHUSETTS TAX FREE INCOME FUND
NVEST INTERMEDIATE TERM TAX FREE FUND OF CALIFORNIA
Supplement dated August 21, 2000
to Nvest Bond Funds Prospectus Classes A, B and C and
Nvest Massachusetts Tax Free Income Fund and Nvest Intermediate
Term Tax Free Fund of California Prospectuses,
each dated May 1, 2000
John Maloney has become co-manager of the Funds, joining James Welch. Mr.
Maloney, Vice President at Back Bay Advisors, has been with the company since
1989. Mr. Maloney has a B.A. in Economics from the University of Massachusetts
and has 17 years of investment experience.
SP112-0800
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NVEST STAR VALUE FUND
NVEST STAR ADVISERS FUND
Supplement dated August 21, 2000 to Nvest Star Funds Prospectuses
Classes A, B and C and Class Y each dated May 1, 2000
NVEST STAR VALUE FUND
Effective August 1, 2000, Margaret Buescher is the sole portfolio manager for
the segment of the Fund managed by Vaughan, Nelson, Scarborough & McCullough.
NVEST STAR ADVISERS FUND
Effective August 1, 2000, Joseph Gatz remains the lead portfolio manager and
Daniel Thelen remains a co-portfolio manager for the segment of the Fund managed
by Loomis Sayles.
SP114-0800
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NVEST STAR SMALL CAP FUND
NVEST STAR VALUE FUND
NVEST STAR ADVISERS FUND
SUPPLEMENT DATED AUGUST 21, 2000 TO NVEST STAR FUNDS PROSPECTUSES CLASSES
A, B AND C AND CLASS Y EACH DATED MAY 1, 2000
NVEST STAR SMALL CAP FUND
Clyde S. McGregor, C.F.A., has become co-portfolio manager of the Harris
Associates segment of Nvest Star Small Cap Fund, joining James P. Benson, who
has managed the segment since November 1999. Mr. McGregor, who has replaced
Steven J. Reid, joined Harris Associates as an analyst in 1981 and began
managing the porfolios in 1986. He also holds an M.B.A. in Finance from the
University of Wisconsin-Madison (1977) and a B.A. in Economics and Religion from
Oberlin College (1974).
The investment approach of the Harris Associates segment of the Fund remains the
same.
NVEST STAR VALUE FUND
Effective August 1, 2000, Margaret Buescher is the sole portfolio manager for
the segment of the Fund managed by Vaughan, Nelson, Scarborough & McCullough.
NVEST STAR ADVISERS FUND
Effective August 1, 2000, Joseph Gatz remains the lead portfolio manager and
Daniel Thelen remains a co-portfolio manager for the segment of the Fund managed
by Loomis Sayles.
