STAGECOACH FUNDS
Strategic Income and Corporate Bond Funds
Supplement dated July 10, 1998 to the
Prospectus dated April 1, 1998
Strategic Income Fund:
The following table replaces the operating expense
table under "Annual Fund Operating Expenses" on page 6:
<TABLE>
<S> <C> <C> <C>
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Class A Class B Class C
-----------------------------
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Rule 12b-1 fee 0.05% 0.75% 0.75%
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Management fee 0.60% 0.60% 0.60%
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Other expenses 0.45% 0.50% 0.50%
(after waivers or reimbursements)
-------------------------------------------------------------------
-------------------------------------------------------------------
TOTAL FUND OPERATING EXPENSES 1.10% 1.85% 1.85%
(after waivers or reimbursements)
-------------------------------------------------------------------
Other expenses 0.75% 0.75% 0.75%
(before waivers or reimbursements)
-------------------------------------------------------------------
TOTAL FUND OPERATING EXPENSES 1.40% 2.10% 2.10%
(before waivers or reimbursements)
-------------------------------------------------------------------
</TABLE>
The following statement replaces the third bullet
point under the heading "Permitted Investments" on
page 10:
* up to 50% of our total assets in debt securities that
are below investment grade, including "high risk"
securities;
Strategic Income and Corporate Bond Funds:
Insert the following sentence at the end of "Dealer
Concessions and Rule 12b-1 fees" under the heading
"Additional Services and Other Information" on page 32:
In addition to the Dealer Allowance and amounts for
which Stephens is reimbursed through Rule 12b-1 fees
and contingent deferred sales charges, Stephens may,
from time to time, pay additional compensation to
selling agents.
Please keep this supplement with your prospectus.
SC HYP SUP (7/98)
