DREYFUS GNMA FUND INC
497, 1996-05-28
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                                                           May 29, 1996
                          DREYFUS GNMA FUND, INC.
                           SUPPLEMENT TO PROSPECTUS
                            DATED AUGUST 1, 1995
        THE FOLLOWING INFORMATION SUPERSEDES ANY CONTRARY INFORMATION
CONTAINED IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "MANAGEMENT OF THE
FUND."
        Mellon Bank, N.A., One Mellon Bank Center, Pittsburgh, Pennsylvania
15258, is the Fund's Custodian.
                   265s052996




                                                        May 29, 1996


                         DREYFUS GNMA FUND, INC.


              Supplement to Statement of Additional Information
                            Dated August 1, 1995


     The following information supplements or replaces the information
contained in the following indicated section of the Fund's Statement of
Additional Information:


             CUSTODIAN, TRANSFER AND DIVIDEND DISBURSING AGENT,
                      COUNSEL AND INDEPENDENT AUDITORS


     Mellon Bank, N.A., One Mellon Bank Center, Pittsburgh, Pennsylvania
15258, is the Fund's custodian.



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