STAGECOACH FUNDS, INC.
Small Cap Fund
Supplement dated May 15, 1998 to the Prospectuses dated
December 15, 1997 (as supplemented on February 18, 1998),
February 1, 1998 (as supplemented on February 18, 1998),
and March 30, 1998
The following paragraph replaces the first
paragraph under the heading "Investment Policies":
We actively manage a diversified portfolio
of common stock issued by companies whose market
capitalization falls within the range of the Russell
2000 Index. We will sell the stock of any company
whose market capitalization exceeds the range of this
index for sixty consecutive days. As of April 30,
1998, the range was $30 million to $5.45 billion, and
is expected to change frequently.
Please keep this supplement with your prospectus.
