Filed pursuant to 497(e) 

File Nos. 033-35788 and 811-06136 

Homestead Funds, Inc. 

Supplement Dated January 17, 2020 

to the Statement of Additional Information Dated May 1, 2019 

This supplement revises certain information regarding the International Equity Fund (the “Fund”), a series of Homestead Funds, Inc., contained in the above-referenced Statement of Additional Information (“SAI”). Please read this supplement carefully and keep it with your SAI for future reference.  You may obtain copies of the Prospectus and SAI free of charge, upon request, by calling toll-free (800) 258-3030, by visiting Homestead Funds Inc.’s website at homesteadfunds.com, or by writing to Homestead Funds, Inc., Attn: Investments Division, 4301 Wilson Boulevard, INV8-305, Arlington, Virginia 22203. 

Effective immediately, all references to and information relating to Scott Crawshaw in the SAI are deleted and all references to the portfolio managers of the Fund refer to Ferrill Roll, Andrew West, Bryan Lloyd, and Patrick Todd.