THE MANAGERS FUNDS
MANAGERS SMALL COMPANY FUND
Supplement dated January 11, 2001
to Statement of Additional Information
dated May 1, 2000
The Statement of Additional Information is
hereby supplemented as follows:
Effective December 29, 2000, Managers
Distributors, Inc. ("MDI"), a wholly owned
subsidiary of The Managers Funds LLC ("TMF"),
assumed responsibility for the performance of
all obligations as the distributor of the
Funds under the current Distribution Agreement
between TMF and The Managers Funds. All
references in the prospectus and this
Statement of Information to the "Distributor"
or to TMF in its capacity as the distributor
or underwriter of the Funds shall mean MDI.
January 11, 2001