THE STARBURST MUNICIPAL INCOME FUND
(A Portfolio of The Starburst Funds)
Supplement to Prospectus dated December 31, 1994
Please replace the second sentence of the third paragraph under the sub-
heading entitled "To Place an Order" on page 13 with the following:
"Payment for all orders must be received within three business days of
placing the order."
July 31, 1995
FEDERATED SECURITIES CORP.
Distributor
A subsidiary of Federated Investors
Federated Investors Tower
Pittsburgh, PA 15222-3779
Cusip 855245700
G00948-03 (7/95)
THE STARBURST GOVERNMENT INCOME FUND
(A Portfolio of The Starburst Funds)
Supplement to Prospectus dated December 31, 1994
Please replace the second sentence of the third paragraph under the sub-
heading entitled "To Place an Order", which begins on page 12, with the
following:
"Payment for all orders must be received within three business days of
placing the order."
July 31, 1995
FEDERATED SECURITIES CORP.
Distributor
A subsidiary of Federated Investors
Federated Investors Tower
Pittsburgh, PA 15222-3779
Cusip 855245809
G00948-02 (7/95)