THE MANAGERS FUNDS
EQUITY FUNDS
Supplement dated November 4, 1999 to Prospectus
and Statement of Additional Information dated
April 1, 1999, as supplemented July 16, 1999
The following information supercedes that
contained in the Prospectus and Statement
of Additional Information solely with
respect to the following Fund:
Income Equity Fund
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Effective November 1, 1999,
Robert T. Hoffman, lead
portfolio manager for the
Growth & Income management team
of Scudder Kemper Investments,
Inc. ("Scudder"), is replaced
by Lori Ensinger who has been a
senior member of the team since
1993. Scudder's management
team, now led by Lori Ensinger,
will continue to manage the
Fund together with the
management team of Chartwell
Investment Partners, L.P.
November 4, 1999
