UAM FUNDS TRUST
(the "Fund")
BHM&S Total Return Bond Portfolio
Institutional Class Shares
SUPPLEMENT TO THE PROSPECTUS DATED APRIL 25, 1995
AS REVISED OCTOBER 31, 1995 AND MAY 1, 1996
The information in the Prospectus under the heading "Fund
Management and Administration - The Administrator" is replaced by
the following:
Pursuant to a Fund Administration Agreement dated April
15, 1996, UAM Fund Services, Inc. ("UAMFSI"), a wholly-
owned subsidiary of United Asset Management Corporation
with its principal office located at 211 Congress
Street, Boston, MA 02110, is responsible for
performing and overseeing administration, fund
accounting, dividend disbursing and transfer agency
services provided to the Fund and its Portfolios.
UAMFSI has subcontracted the performance of certain of
such services to Chase Global Funds Services Company
("CGFSC"), an affiliate of The Chase Manhattan Bank,
pursuant to a Mutual Funds Service Agreement dated
April 15, 1996. CGFSC is located at 73 Tremont Street,
Boston, MA 02108-3913. Effective April 1, 1996, The
Chase Manhattan Corporation, the parent of The Chase
Manhattan Bank, merged with and into Chemical Banking
Corporation, the parent company of Chemical Bank.
Chemical Banking Corporation is the surviving
corporation and will continue its existence under the
name "The Chase Manhattan Corporation".
Each Portfolio pays to UAMFSI a monthly fee comprised
of two parts: a Portfolio-specific fee which is
retained by UAMFSI and a sub-administration fee which
UAMFSI in turn pays to CGFSC. The Portfolio-specific
fees for the BHM&S Total Return Bond Portfolio are
0.04% of aggregate net assets. The sub-administration
fee calculated on an annualized basis equals: 0.19 of
1% of the first $200 million of total net assets of the
Fund; 0.11 of 1% of the next $800 million of total net
assets of the Fund; 0.07 of 1% of total net assets in
excess of $1 billion but less than $3 billion; and 0.05
of 1% of total net assets in excess of $3 billion. The
sub-administration fees are allocated among the
Portfolios on the basis of their relative assets and
are subject to a graduated minimum fee schedule per
Portfolio of $2,000 per month upon inception of a
Portfolio to $70,000 annually after two years. If a
separate class of shares is added to a Portfolio, the
minimum annual fee payable by that Portfolio may be
increased by up to $20,000.
The information relating to the Portfolio's fee and expense
information under the heading "Fees and Expenses" is amended to
reflect that:
* Barrow, Hanley, Mewhinney & Strauss, Inc., the
Adviser, has voluntarily agreed to waive a portion of
its advisory fee and to assume as the Adviser's own
expense certain operating expenses payable by the
Portfolio, if necessary, in order to keep the
Portfolio's Institutional Class Shares' total annual
operating expenses from exceeding 0.55% of average
daily net assets through December 31, 1997. Absent the
fees waived and expenses assumed by the Adviser,
estimated annualized total operating expenses of the
Portfolio's Institutional Class Shares, including
revised administrative fees, would be 0.74%.
The information in the Prospectus under the headings
"Summary: About The Portfolio" and "Buying, Selling and
Exchanging Shares" is amended to reflect that the minimum initial
investment in the Portfolio is $2,500 with certain exceptions as
may be determined from time to time by the officers of the Fund.
The initial investment minimum for IRA accounts is $500. The
initial investment minimum for spousal IRA accounts is $250. The
minimum for any subsequent investment is $100.
June 27, 1996
<PAGE>
UAM FUNDS TRUST
(the "Fund")
BHM&S Total Return Bond Portfolio
Institutional Service Class Shares
SUPPLEMENT TO THE PROSPECTUS DATED APRIL 25, 1995
AS REVISED OCTOBER 31, 1995 AND MAY 1, 1996
The information in the Prospectus under the heading "Fund
Management and Administration - The Administrator" is replaced by
the following:
Pursuant to a Fund Administration Agreement dated April
15, 1996, UAM Fund Services, Inc. ("UAMFSI") a wholly-
owned subsidiary of United Asset Management Corporation
with its principal office located at 211 Congress
Street, Boston, MA 02110, is responsible for
performing and overseeing administration, fund
accounting, dividend disbursing and transfer agency
services provided to the Fund and its Portfolios.
UAMFSI has subcontracted the performance of certain of
such services to Chase Global Funds Services Company
("CGFSC"), an affiliate of The Chase Manhattan Bank,
pursuant to a Mutual Funds Service Agreement dated
April 15, 1996. CGFSC is located at 73 Tremont Street,
Boston, MA 02108-3913. Effective April 1, 1996, The
Chase Manhattan Corporation, the parent of The Chase
Manhattan Bank merged with and into Chemical Banking
Corporation, the parent company of Chemical Bank.
Chemical Banking Corporation is the surviving
corporation and will continue its existence under the
name "The Chase Manhattan Corporation".
Each Portfolio pays to UAMFSI a monthly fee comprised
of two parts: a Portfolio-specific fee which is
retained by UAMFSI and a sub-administration fee which
UAMFSI in turn pays to CGFSC. The Portfolio-specific
fees for the BHM&S Total Return Bond Portfolio
Institutional Service Class Shares are 0.04% of
aggregate net assets. The sub-administration fee
calculated on an annualized basis equals: 0.19 of 1% of
the first $200 million of total net assets of the Fund;
0.11 of 1% of the next $800 million of total net assets
of the Fund; 0.07 of 1% of total net assets in excess
of $1 billion but less than $3 billion; and 0.05 of 1%
of total net assets in excess of $3 billion. The sub-
administration fees are allocated among the Portfolios
on the basis of their relative assets and are subject
to a graduated minimum fee schedule per Portfolio of
$2,000 per month upon inception of a Portfolio to
$70,000 annually after two years. If a separate class
of shares is added to a Portfolio, the minimum annual
fee payable by that Portfolio may be increased by up to
$20,000.
The information relating to the Portfolio's fee and expense
information under the heading "Fees and Expenses" is amended to
reflect that:
** The Adviser has voluntarily agreed to waive a
portion of its advisory fee and to assume as the
Adviser's own expense certain operating expenses
otherwise payable by the Portfolio, if necessary, in
order to keep the Portfolio's Institutional Service
Class Shares' total annual operating expenses from
exceeding 0.80% of average daily net assets through
December 31, 1997. Absent the fees waived and expenses
assumed by the Adviser, estimated annualized total
operating expenses of the Portfolio's Institutional
Service Class Shares, including revised administrative
fees, would be 0.99%.
The information in the Prospectus under the headings
"Summary: About The Portfolio" and "Buying, Selling and
Exchanging Shares" is amended to reflect that the minimum initial
investment in the Portfolio is $2,500 with certain exceptions as
may be determined from time to time by the officers of the Fund.
The initial investment minimum for IRA accounts is $500. The
initial investment minimum for spousal IRA accounts is $250. The
minimum for any subsequent investment is $100.
June 27, 1996
<PAGE>
UAM FUNDS TRUST
(the "Fund")
Newbold's Equity Portfolio
Institutional Class Shares
SUPPLEMENT TO THE PROSPECTUS DATED JANUARY 29, 1995
AS SUPPLEMENTED OCTOBER 31, 1995 AND MARCH 13, 1996
The information in the Prospectus under the heading "Fund
Management and Administration - The Administrator" is replaced by
the following:
Pursuant to a Fund Administration Agreement dated April
15, 1996, UAM Fund Services, Inc. ("UAMFSI") a wholly-
owned subsidiary of United Asset Management Corporation
with its principal office located at 211 Congress
Street, Boston, MA 02110, is responsible for
performing and overseeing administration, fund
accounting, dividend disbursing and transfer agency
services provided to the Fund and its Portfolios.
UAMFSI has subcontracted the performance of certain of
such services to Chase Global Funds Services Company
("CGFSC"), an affiliate of The Chase Manhattan Bank,
pursuant to a Mutual Funds Service Agreement dated
April 15, 1996. CGFSC is located at 73 Tremont Street,
Boston, MA 02108-3913. Effective April 1, 1996, The
Chase Manhattan Corporation, the parent of The Chase
Manhattan Bank merged with and into Chemical Banking
Corporation, the parent company of Chemical Bank.
Chemical Banking Corporation is the surviving
corporation and will continue its existence under the
name "The Chase Manhattan Corporation".
Each Portfolio pays to UAMFSI a monthly fee comprised
of two parts: a Portfolio-specific fee which is
retained by UAMFSI and a sub-administration fee which
UAMFSI in turn pays to CGFSC. The Portfolio-specific
fees for Newbold's Equity Portfolio are 0.06% of
aggregate net assets. The sub-administration fee
calculated on an annualized basis equals: 0.19 of 1% of
the first $200 million of total net assets of the Fund;
0.11 of 1% of the next $800 million of total net assets
of the Fund; 0.07 of 1% of total net assets in excess
of $1 billion but less than $3 billion; and 0.05 of 1%
of total net assets in excess of $3 billion. The sub-
administration fees are allocated among the Portfolios
on the basis of their relative assets and are subject
to a graduated minimum fee schedule per Portfolio of
$2,000 per month upon inception of a Portfolio to
$70,000 annually after two years. If a separate class
of shares is added to a Portfolio, the minimum annual
fee payable by that Portfolio may be increased by up to
$20,000.
The information relating to the Portfolio's fee and expense
information under the heading "Fees and Expenses" is amended to
reflect that:
* Newbold's Asset Management, Inc., the Adviser, has
voluntarily agreed to waive a portion of its advisory
fees and to assume as the Adviser's own expense certain
operating expenses payable by the Portfolio, if
necessary, in order to keep the Portfolio's total
annual operating expenses from exceeding 0.90% of
average daily net assets through January 29, 1998.
Absent the fees waived and expenses assumed by the
Adviser, annualized total operating expenses of the
Portfolio, including revised administrative fees, would
be 1.23%.
The information in the Prospectus under the headings
"Summary: About The Portfolio" and "Buying, Selling and
Exchanging Shares" is amended to reflect that the minimum initial
investment in the Portfolio is $2,500 with certain exceptions as
may be determined from time to time by the officers of the Fund.
The initial investment minimum for IRA accounts is $500. The
initial investment minimum for spousal IRA accounts is $250. The
minimum for any subsequent investment is $100.
June 27, 1996
<PAGE>
UAM FUNDS TRUST
(the "Fund")
TJ Core Equity Portfolio
Institutional Service Class Shares
SUPPLEMENT TO THE PROSPECTUS DATED JANUARY 29, 1995
AS SUPPLEMENTED OCTOBER 31, 1995 AND MARCH 13, 1996
The information in the Prospectus under the heading "Fund
Management and Administration - The Administrator" is replaced by
the following:
Pursuant to a Fund Administration Agreement dated April
15, 1996, UAM Fund Services, Inc. ("UAMFSI") a wholly-
owned subsidiary of United Asset Management Corporation
with its principal office located at 211 Congress
Street, Boston, MA 02110, is responsible for
performing and overseeing administration, fund
accounting, dividend disbursing and transfer agency
services provided to the Fund and its Portfolios.
UAMFSI has subcontracted the performance of certain of
such services to Chase Global Funds Services Company
("CGFSC"), an affiliate of The Chase Manhattan Bank,
pursuant to a Mutual Funds Service Agreement dated
April 15, 1996. CGFSC is located at 73 Tremont Street,
Boston, MA 02108-3913. Effective April 1, 1996, The
Chase Manhattan Corporation, the parent of The Chase
Manhattan Bank merged with and into Chemical Banking
Corporation, the parent company of Chemical Bank.
Chemical Banking Corporation is the surviving
corporation and will continue its existence under the
name "The Chase Manhattan Corporation".
Each Portfolio pays to UAMFSI a monthly fee comprised
of two parts: a Portfolio-specific fee which is
retained by UAMFSI and a sub-administration fee which
UAMFSI in turn pays to CGFSC. The Portfolio-specific
fees for the TJ Core Equity Portfolio are 0.04% of
aggregate net assets. The sub-administration fee
calculated on an annualized basis equals: 0.19 of 1% of
the first $200 million of total net assets of the
Funds; 0.11 of 1% of the next $800 million of total net
assets of the Funds; 0.07 of 1% of total net assets in
excess of $1 billion but less than $3 billion; and 0.05
of 1% of total net assets in excess of $3 billion. The
sub-administration fees are allocated among the
Portfolios on the basis of their relative assets and
are subject to a graduated minimum fee schedule per
Portfolio of $2,000 per month upon inception of a
Portfolio to $70,000 annually after two years. If a
separate class of shares is added to a Portfolio, the
minimum annual fee payable by that Portfolio may be
increased by up to $20,000.
The information relating to the Portfolio's fee and expense
information under the heading "Fees and Expenses" is amended to
reflect that:
Tom Johnson Investment Management, Inc., the Adviser,
has voluntarily agreed to waive a portion of its
advisory fees and to assume as the Adviser's own
expense certain operating expenses payable by the
Portfolio, if necessary, in order to keep the
Portfolio's total annual operating expenses from
exceeding 1.25% of average daily net assets through
January 31, 1997. Absent the fees waived and expenses
assumed by the Adviser, annualized total operating
expenses of the Portfolio, including revised
administrative fees, would be 1.93%.
The information in the Prospectus under the headings
"Summary: About The Portfolio" and "Buying, Selling and
Exchanging Shares" is amended to reflect that the minimum initial
investment in the Portfolio is $2,500 with certain exceptions as
may be determined from time to time by the officers of the Fund.
The initial investment minimum for IRA accounts is $500. The
initial investment minimum for spousal IRA accounts is $250. The
minimum for any subsequent investment is $100.
June 27, 1996
<PAGE>
UAM FUNDS TRUST
(the "Fund")
BHM&S Total Return Bond Portfolio
Institutional Class Shares
Institutional Service Class Shares
SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 25, 1995 AS REVISED OCTOBER 31, 1995 AND MAY 1, 1996
The information under the heading "Purchase of Shares",
generally, is amended to reflect that the minimum initial
investment in the Portfolio is $2,500 with certain exceptions as
may be determined from time to time by the officers of the Fund.
The initial investment minimum for IRA accounts is $500. The
initial investment for spousal IRA accounts is $250. The minimum
for any subsequent investment is $100.
The following information is provided to supplement the list
of publications, indices and averages as set forth under the
heading "Performance Calculations - Comparisons":
Lehman Brothers Aggregate Index - is a fixed income
market value-weighted index that combines the Lehman
Brothers Government/Corporate Index and the Lehman
Brothers Mortgage-Backed Securities Index. It includes
fixed rate issues of investment grade (BBB) or higher,
with maturities of at least one year and outstanding
par values of at least $100 million for U.S. Government
issues and $25 million for others.
June 27, 1996
<PAGE>
UAM FUNDS TRUST
(the "Fund")
Newbold's Equity Portfolio
Institutional Class Shares
SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED JANUARY 29, 1995 AS AMENDED MARCH 13, 1996
The information under the heading "Purchase of Shares",
generally, is amended to reflect that the minimum initial
investment in the Portfolio is $2,500 with certain exceptions as
may be determined from time to time by the officers of the Fund.
The initial investment minimum for IRA accounts is $500. The
initial investment for spousal IRA accounts is $250. The minimum
for any subsequent investment is $100.
June 27, 1996
<PAGE>
UAM FUNDS TRUST
(the "Fund")
TJ Core Equity Portfolio
Institutional Service Class Shares
SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED JANUARY 29, 1995 AS AMENDED MARCH 13, 1996
The information under the heading "Purchase of Shares",
generally, is amended to reflect that the minimum initial
investment in the Portfolio is $2,500 with certain exceptions as
may be determined from time to time by the officers of the Fund.
The initial investment minimum for IRA accounts is $500. The
initial investment for spousal IRA accounts is $250. The minimum
for any subsequent investment is $100.
June 27, 1996
