Please file this Prospectus Supplement with your records.
STRONG U.S. TREASURY MONEY FUND
STRONG MUNICIPAL ADVANTAGE FUND
Supplement to Prospectus dated December 29, 1995
Strong U.S. Treasury Money Fund. Effective April 1, 1996,
the Fund will be closed to new investors and additional
investments by existing shareholders. The Fund's existing
shareholders, however, may continue to add to their accounts
through the reinvestment of dividends and cash distributions
on any Fund shares owned. On April 24, 1996, Strong Capital
Management, Inc., the Fund's investment advisor (the
"Advisor"), intends on recommending to the Fund's Board of
Directors that the Fund be merged into the Strong Money
Market Fund. The Advisor believes that it is in the best
interests of the Fund's shareholders that the Fund be merged
into the Strong Money Market Fund, a larger fund whose
investment objective is identical to that of the Fund, but
whose investment policies allow it to invest in a wider
range of money market securities. If approved by the Fund's
Board of Directors, the Fund's shareholders will be asked to
approve such a merger and will receive proxy solicitation
materials that fully explain the reasons for the proposed
merger and its effects.
Strong Municipal Advantage Fund. Effective March 18, 1996,
the Advisor has voluntarily agreed to waive all of its
management fee and to absorb all of the Fund's operating
expenses until at least December 31, 1996.
The date of this Prospectus Supplement is March 25, 1996.
