Chase Vista Short-Term Bond Fund
Supplement Dated June 1, 1999
To the Class A, B and C Shares Prospectus
Dated February 26, 1999
The first sentence of the second paragraph under the heading "Distributions and
taxes" on page 49 is replaced with the following:
The U.S. Treasury Income Fund, the U.S. Government Securities Fund, the Bond
Fund and the Strategic Income Fund declare dividends daily and distribute the
net investment income monthly, and the Short-Term Bond Fund declares dividends
and distributes the net investment income monthly.
PSBD-36-699
<PAGE>
Chase Vista Short-Term Bond Fund
Supplement Dated June 1, 1999
To the Institutional Shares Prospectus
Dated February 26, 1999
The first sentence of the second paragraph under the heading "Distributions and
taxes" on page 36 is replaced with the following:
The U.S. Treasury Income Fund, the U.S. Government Securities Fund, the Bond
Fund and the Strategic Income Fund declare dividends daily and distribute the
net investment income monthly, and the Short-Term Bond Fund declares dividends
and distributes the net investment income monthly.
PSBDI-36-699
