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Jane A. Kanter
Washington, D.C.
(202) 625-3781
April 17, 1996
VIA EDGAR
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Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: The PBHG Funds, Inc. ("Registrant")
File Nos. 2-99810 and 811-4391
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Commissioners:
Electronically transmitted for filing pursuant to Rules 497(e) under the
Securities Act of 1933 ("1933 Act") is the Supplement, dated April 17, 1996, to
Registrant's Prospectus, dated January 15, 1996, which will be distributed to
potential investors (the "Supplement").
In accordance with Rule 497(g) under the 1933 Act, the Supplement
transmitted contains, in the upper right corner, a reference to paragraph (e) of
Rule 497 under which the filing is made and the file numbers of the registration
statement to which the Supplement relates.
Please address any question regarding the enclosed filing to the
undersigned.
Very truly yours,
/s/ Jane A. Kanter
Jane A. Kanter
<PAGE>
File Nos. 2-99810
and 811-4391
Rule 497(e) under
the Securities
Act of 1933
THE PBHG FUNDS, INC.
SUPPLEMENT DATED APRIL 17, 1996
TO THE PROSPECTUS DATED JANUARY 15, 1996
This Supplement updates certain information contained in the above-dated
Prospectus of The PBHG Funds, Inc. (the "Fund"). You should retain both the
Supplement and Prospectus for future reference. You may obtain an additional
copy of the Prospectus, free of charge, by calling 1-800-433-0051.
The following information replaces the last paragraph on the cover page of
the Prospectus:
The Board of Directors of the Fund has determined to re-open the PBHG Class
shares of the Emerging Growth Fund to new investors effective May 1, 1996.
