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Previous: STEARNS & LEHMAN INC, DEF 14A, 1997-08-22 |
Next: NORRIS COMMUNICATIONS CORP, SC 13D, 1997-08-22 |
Supplement to Prospectus dated June 27, 1997
PAYDEN & RYGEL GROWTH & INCOME FUND
As a result of changes in the tax laws, the holding period for common
stocks in the Payden & Rygel Growth & Income Fund, discussed on pages 21
and 22 of the Prospectus, has been changed from one year to eighteen
months.
August 22, 1997
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