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PROVIDENT INSTITUTIONAL FUNDS
("the Trust")
TempFund
TempCash
FedFund
T-Fund
Federal Trust Fund
Treasury Trust Fund
MuniFund
MuniCash
California Money Fund
New York Money Fund
(each a "Fund")
Supplement dated November 15, 1999
to Prospectuses dated February 10, 1999
The following is added to the "Price of Fund Shares" section of the
Prospectus for each Fund of the Trust:
On any business day when the Bond Market Association ("BMA") recommends that
the securities markets close early, the Fund reserves the right to close at or
prior to the BMA recommended closing time. If the Fund does so, it will cease
granting same business day credit for purchase and redemption orders received
after the Fund's closing time and credit will be granted to the next business
day.
