VISTA BOND FUND
SUPPLEMENT DATED JUNE 12, 1997
TO THE PROSPECTUSES DATED
FEBRUARY 28, 1997
In the section of the Prospectus entitled "Investment Approach," the following
sentence is inserted in lieu of the second and third sentences of the first
paragraph:
Under normal market conditions, the Fund invests at least 65% of its total
assets in debt obligations rated in the category A or higher by Moody's
Investors Services, Inc. ("Moody's") or Standard & Poor's Corporation
("S&P"), and unrated securities determined by the Fund's advisers to
be of comparable quality.
VDF-36-697
