MANAGERS FUNDS
497, 1996-09-12
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                        THE MANAGERS FUNDS
                           INCOME FUNDS
                Supplement dated September 12, 1996
                 to Prospectus dated April 1, 1996

The following information supersedes that contained in the
Prospectus dated April 1, 1996 solely with respect to the Global
Bond Fund:

     Effective August 28, 1996, Rogge Global Partners is 100% owned
by United Asset Management, a public company.

September 12, 1996

                                 
                                 
                        THE MANAGERS FUNDS
              Supplement dated September 12, 1996 to
                Statement of Additional Information
                        dated April 1, 1996

The following information supersedes that contained in the
Statement of Additional Information dated April 1, 1996 solely with
respect to the following Funds:
Capital Appreciation Fund:
     Effective September 9, 1996, Husic Capital Management
("Husic") has replaced Hudson Capital Advisers as an Asset Manager
of the Capital Appreciation Fund.
     Husic was founded in 1986, and is a limited partnership which
is 100% owned by Frank J. Husic.

Global Bond Fund:
     Effective August 28, 1996, Rogge Global Partners is 100% owned
by United Asset Management, a public company.

September 12, 1996




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