June 12, 1995
THE DREYFUS/LAUREL
FUNDS TRUST -
DREYFUS CORE VALUE FUND
SUPPLEMENT TO PROSPECTUS
FOR INVESTOR AND CLASS R SHARES
DATED APRIL 10, 1995
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE FIRST THREE
SENTENCES OF THE THIRD PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S
PROSPECTUS ENTITLED "MANAGEMENT OF THE FUND - INVESTMENT MANAGER":
The Fund is managed by Guy Scott. Mr. Scott is an officer of Mellon
Bank, N.A. Mr. Scott has been employed by The Dreyfus Corporation as
portfolio manager of the Fund since October 17, 1994.
THE FOURTH PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S
PROSPECTUS ENTITLED "MANAGEMENT OF THE FUND - INVESTMENT MANAGER" IS DELETED
IN ITS ENTIRETY.
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN
THE SECTIONS IN THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES" AND
"SHAREHOLDER SERVICES":
Fund shares are also offered without regard to the minimum initial
investment requirements through Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan pursuant
to the Dreyfus Step Program. These services enable you to make regularly
scheduled investments and may provide you with a convenient way to invest for
long-term financial goals. You should be aware, however, that periodic
investment plans do not guarantee a profit and will not protect an investor
against loss in a declining market.
DREYFUS STEP PROGRAM - Dreyfus Step Program enables you to purchase Investor
shares without regard to the Fund's minimum initial investment requirements
through Dreyfus-AUTOMATIC Asset Builder, Dreyfus Government Direct Deposit
Privilege or Dreyfus Payroll Savings Plan. To establish a Dreyfus Step
Program account, you
(CONTINUED ON REVERSE SIDE)
must supply the necessary information on the Fund's Account Application and
file the required authorization form(s) with the Transfer Agent. For more
information concerning this Program, or to request the necessary
authorization form(s), please call toll free 1-800-782-6620. You may
terminate your participation in this Program at any time by discontinuing
your participation in Dreyfus-AUTOMATIC Asset Builder, Dreyfus Government
Direct Deposit Privilege or Dreyfus Payroll Savings Plan, as the case may be,
as provided under the terms of such Privilege(s). The Fund reserves the right
to redeem your account if you have terminated your participation in the
Program and your account's net asset value is $500 or less. See "How to
Redeem Fund Shares." The Fund may modify or terminate this Program at any
time. Investors who wish to purchase Investor shares through Dreyfus Step
Program in conjunction with a Dreyfus-sponsored retirement plan may do so
only for IRAs, SEP-IRAs and IRA "Rollover Accounts."
312/712s061295
June 12, 1995
THE DREYFUS/LAUREL FUNDS TRUST -
DREYFUS SPECIAL GROWTH FUND
SUPPLEMENT TO PROSPECTUS
DATED MAY 1, 1995
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN
THE SECTIONS IN THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES" AND
"SHAREHOLDER SERVICES":
Fund shares are also offered without regard to the minimum initial
investment requirements through Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan pursuant
to the Dreyfus Step Program. These services enable you to make regularly
scheduled investments and may provide you with a convenient way to invest for
long-term financial goals. You should be aware, however, that periodic
investment plans do not guarantee a profit and will not protect an investor
against loss in a declining market.
DREYFUS STEP PROGRAM - Dreyfus Step Program enables you to purchase Investor
shares without regard to the Fund's minimum initial investment requirements
through Dreyfus-AUTOMATIC Asset Builder, Dreyfus Government Direct Deposit
Privilege or Dreyfus Payroll Savings Plan. To establish a Dreyfus Step
Program account, you must supply the necessary information on the Fund's
Account Application and file the required authorization form(s) with the
Transfer Agent. For more information concerning this Program, or to request
the necessary authorization form(s), please call toll free 1-800-782-6620.
You may terminate your participation in this Program at any time by
discontinuing your participation in Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan, as the
case may be, as provided under the terms of such Privilege(s). The Fund
reserves the right to redeem your account if you have terminated your
participation in the Program and your account's net asset value is $500 or
less. See "How to Redeem Fund Shares." The Fund may
(CONTINUED ON REVERSE SIDE)
modify or terminate this Program at any time. Investors who wish to purchase
Investor shares through Dreyfus Step Program in conjunction with a
Dreyfus-sponsored retirement plan may do so only for IRAs, SEP-IRAs and IRA
"Rollover Accounts."
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE SECTION IN THE
FUND'S PROSPECTUS ENTITLED "MANAGEMENT OF THE FUND-CUSTODIAN, TRANSFER AND
DIVIDEND DISBURSING AGENT, AND SUB-ADMINISTRATOR":
CUSTODIAN, FUND ACCOUNTANT, TRANSFER AND DIVIDEND DISBURSING AGENT
AND SUB-ADMINISTRATOR - Boston Safe Deposit and Trust Company (One Boston
Place, Boston, MA 02109) ("Boston Safe"), an indirect wholly-owned subsidiary
of Mellon Bank Corporation, serves as the Fund's custodian. As custodian,
Boston Safe maintains possession of the Fund's investment securities and
provides portfolio recordkeeping services. Boston Safe is authorized to
deposit securities in securities depositories or to use the services of
subcustodians. Mellon Bank, N.A. serves as the fund accountant for the Fund,
maintaining the daily accounting records of the Fund, including NAV
determinations and purchase and sale records. The Fund's Transfer and
Dividend Disbursing Agent is The Shareholder Services Group, Inc., a
subsidiary of First Data Corporation, One American Express Plaza, Providence,
Rhode Island 02903. Premier Mutual Fund Services, Inc. serves as the Fund's
sub-administrator and, pursuant to a Sub-Administration Agreement with
Dreyfus, provides various administrative and corporate secretarial services
to the Fund.
322/722s061295
