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Filed Pursuant to Rule 497(e)
Registration File No.: 333-58643
SUPPLEMENT TO THE PROSPECTUS OF
MORGAN STANLEY DEAN WITTER VALUE FUND
DATED NOVEMBER 30, 1999
The third paragraph under the section of the Prospectus entitled "FUND
MANAGEMENT" is hereby replaced by the following:
The portfolio managers are Robert J. Marcin and Richard M. Behler. Mr.
Marcin is the team leader and a Managing Director of the Sub-Advisor and
has been managing portfolios for the Sub-Advisor for over five years. Mr.
Behler is a Principal of the Sub-Advisor; he has been associated with the
Sub-Advisor since November 1995 and prior to that was a portfolio manager
with Moore Capital Management.
September 5, 2000
