THE PBHG FUNDS, INC.
SUPPLEMENT DATED MAY 28, 1999
TO THE PROSPECTUS FOR THE PBHG CLASS SHARES
DATED JUNE 1, 1998, AND FEBRUARY 8, 1999
This Supplement updates certain information contained in the
Prospectus, as supplemented on April 1, 1999 and May 1, 1999. You should retain
the Prospectus and all Supplements for future reference. You may obtain an
additional copy of the Prospectus, as supplemented, free of charge, by calling
1-800-433-0051.
Effective May 1, 1999, Jeffrey A. Wrona manages the PBHG Technology &
Communications Fund. Prior to May 1, 1999, Mr. Wrona co-managed this Fund.
Effective May 28, 1999, Mr. Wrona manages the PBHG Core Growth Fund. A
discussion of Mr. Wrona's prior business experience begins on page 40 of the
Prospectus.
Effective May 28, 1999, the PBHG Large Cap Growth Fund, the PBHG Large
Cap 20 Fund, and the PBHG Select Equity Fund are managed by a team of investment
professionals lead by Gary L. Pilgrim, whose business experience is described on
page 40 of the Prospectus.
