I've never bumped up a bullet, I've always reduced them when I had to. As to how much you can reduce them, it depends upon the shape of the bullet, and the thickness and material of the jacket. If it's core bonded, there's no problem at all. I'm not sure, but I believe a "bump up" die will cost as much as a PF die as they are basically the same thing ( about $175)) And, I don't believe you can find one for a reloading press, but I've never tried.
I make .377"d 255 grain jacketed bullets for 38-55 work. I also have ring dies to reduce these puppies down to .376"d. Again, the reduction dies have to be built for the thickness and type material of the jackets you work with.
