Please file this Prospectus Supplement with your records.
STRONG MUNICIPAL MONEY MARKET FUND
STRONG SHORT-TERM MUNICIPAL BOND FUND
STRONG INSURED MUNICIPAL BOND FUND
STRONG MUNICIPAL BOND FUND
STRONG HIGH-YIELD MUNICIPAL BOND FUND
Supplement to Prospectus dated May 1, 1995
The following portfolio-management changes are effective December 1995:
Strong Short-Term Municipal Bond Fund. Mr. Steven D. Harrop will serve as the
portfolio manager of the Fund. He also manages the Strong Municipal Money
Market Fund and the Strong Municipal Advantage Fund, a new, ultra short-term
municipal bond fund that began operations on November 29, 1995.
Strong Insured Municipal Bond Fund and Strong Municipal Bond Fund. Formerly
a co-portfolio manager, Ms. Mary-Kay H. Bourbulas will assume sole portfolio-
management responsibility for both Funds.
Strong High-Yield Municipal Bond Fund. Formerly a co-portfolio manager, Mr.
Thomas J. Conlin will assume sole portfolio-management responsibility for the
Fund.
For more information on Messrs. Conlin and Harrop, and Ms. Bourbulas, please
see pages I-25 through I-26 of the Funds' prospectus.
The date of this Prospectus Supplement is December 20, 1995.
