STAGECOACH FUNDS, INC.
Supplement dated December 18, 1997
to the Prospectus dated February 1, 1997
describing the Institutional Class shares of the
Ginnie Mae Fund
On December 15, 1997, the Ginnie Mae Fund eliminated a policy that required it
to invest at least 65% of its total assets in Ginnie Mae securities. The Fund
will continue to invest at least 65% of its assets in U.S. Government mortgage
pass-through securities, such as Ginnie Mae, Fannie Mae and Federal Home Loan
Mortgage Corporation securities. On December 15, 1997, the Fund also changed its
name to the "U.S. Government Income Fund."
SUPP SC0210 (12/97)
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STAGECOACH FUNDS, INC.
Supplement dated December 18, 1997
to the Prospectus dated February 1, 1997
describing the Institutional Class shares of the
Growth and Income Fund
Small Cap Fund
On December 15, 1997:
The Growth and Income Fund changed its name to the "Growth Fund".
The Small Cap Fund reorganized its master/feeder structure into a stand-alone
structure. Instead of investing in the Small Cap Master Portfolio, the Fund
invests directly in a portfolio of securities. The Fund retained Wells Fargo
Bank, formerly the investment adviser to the Small Cap Master Portfolio, to
manage its assets directly, in substantially the same manner as Wells Fargo Bank
managed the Master Portfolio's assets and for the same advisory fee level.
Mr. Kenneth Lee became a portfolio co-manager to the Small Cap Master Portfolio
as of June 18, 1997 and to the Small Cap Fund as of December 15, 1997 and is
responsible for providing fundamental security analysis and portfolio
management. Mr. Lee joined Wells Fargo Bank in 1993 and went from Investment
Operations to the Portfolio Management group in 1995. Prior to 1993 he worked as
an associate at Wells Fargo Nikko Investment Advisors and at Dean Witter
Reynolds (Morgan Stanley Dean Witter Discover) and has over 8 years experience
in the industry. He holds bachelor degrees both in economics and in
organizational studies from the University of California at Davis and is working
toward his chartered financial analyst designation.
SUPP SC0213 (12/97)
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STAGECOACH FUNDS, INC.
Supplement dated December 18, 1997
to the Prospectus dated February 1, 1997
describing the Institutional Class shares of the
California Tax-Free Bond Fund
On December 12, 1997, the California Tax-Free Bond Fund of Overland Express
Funds, Inc. (the "Overland Fund") was reorganized as the California Tax-Free
Bond Fund of Stagecoach Funds, Inc. (the "Stagecoach Fund"). For accounting
purposes, the Overland Fund is considered the surviving entity. The Overland
Fund did not offer Institutional Class shares. The Financial Highlights for the
Institutional Class shares reflect the prior performance of the Stagecoach
Institutional Class shares and are no longer part of the Fund's financial
statements.
SUPP SC0212 (12/97)
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STAGECOACH FUNDS, INC.
Supplement dated December 18, 1997
to the Prospectus dated October 6, 1997
describing the Institutional Class shares of the
National Tax-Free Money Market Mutual Fund
On December 15, 1997, the Fund reorganized its master/feeder structure into a
stand-alone structure. Instead of investing in the Tax-Free Money Market Master
Portfolio, the Fund now invests directly in a portfolio of securities. The Fund
retained Wells Fargo Bank, formerly the investment adviser to the Master
Portfolio, to manage its assets directly, in substantially the same manner as
Wells Fargo Bank managed the Master Portfolio's assets and for the same advisory
fee level.
SUPP SCF175 (12/97)
