THE MANAGERS FUNDS
INCOME FUNDS
Supplement dated June 7, 1999 to
Prospectus and Statement of
Additional Information dated April 1, 1999
The following information supercedes that
contained in the Prospectus and the Statement
of Additional Information.
Intermediate Mortgage Fund
On June 4, 1999, the Board of Trustees of
The Managers Funds determined that it was in
the best interests of the shareholders of
Managers Intermediate Mortgage Fund to
liquidate the Fund. Accordingly, the Board of
Trustees approved a plan of liquidation and
termination of Managers Intermediate Mortgage
Fund. It is expected that the assets of the
Fund, net of liabilities (including a small
amount set aside for the liabilities and debts
that may be incurred after the distribution
date) will be distributed to shareholders in
complete redemption of their shares on or
before July 16, 1999. More information
regarding the method of distribution will be
sent to all shareholders individually.
June 7, 1999