STAGECOACH FUNDS, INC.
Strategic Income Fund
Class A, Class B and Class C Shares
SUPPLEMENT DATED MAY 10, 1999 TO THE
PROSPECTUS DATED NOVEMBER 15, 1998, AS PREVIOUSLY
SUPPLEMENTED MARCH 4, 1999 AND APRIL 23, 1999
On April 29, 1999, the Board of Directors of
Stagecoach Funds, Inc. approved a non-fundamental investment policy
change for the Strategic Income Fund (the "Fund") to reflect an upper
limit of 35% investment of Fund assets in equity securities. Therefore,
effective May 10, 1999, under the sub-heading "Permitted Investments"
on page 18 of the Prospectus, replace the following:
o up to 60% of our total assets in a wide range of income-producing
equity securities; with:
o up to 35% of our total assets in a wide range of income producing
equity securities;
