CDC NVEST BOND INCOME FUND
                   CDC NVEST LIMITED TERM U.S. GOVERNMENT FUND

Supplement dated March 31, 2003 to the CDC Nvest Income Funds Classes A, B and C
and Class Y  Prospectuses,  each dated May 1, 2002,  each as may be supplemented
from time to time


CDC NVEST BOND INCOME FUND Curt A. Mitchell no longer  serves as a  co-portfolio
manager on the CDC Nvest Bond  Income  Fund.  Peter W.  Palfrey  and  Richard G.
Raczkowski continue to serve as co-portfolio managers on the Fund.

CDC NVEST LIMITED TERM U.S. GOVERNMENT FUND John Hyll replaces Michael F. Harris
as co-portfolio  manager and joins the current  co-portfolio  manager Clifton V.
Rowe on the CDC Nvest Limited Term U.S.  Government  Fund. For more  information
about Mr.  Hyll,  please see the  section  entitled  "Meet the Funds'  Portfolio
Managers" under "Management Team" in the Fund's prospectuses.

                                                                      SP183-0303