DREYFUS STRATEGIC INCOME
497, 1995-12-08
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                                                          December 7, 1995
                              DREYFUS STRATEGIC INCOME
                              SUPPLEMENT TO PROSPECTUS
                               DATED MARCH 1, 1995
                            AS REVISED, JULY 24, 1995
        THE FOLLOWING INFORMATION SUPPLEMENTS OR REPLACES THE INFORMATION
CONTAINED IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "MANAGEMENT OF THE
FUND":
        On December 6, 1995, the Board of Trustees appointed Kevin McClintock
as primary portfolio manager to the Fund. Mr.McClintock has been employeed by
The Dreyfus Corporation since November 1995 and is principally responsible
for oversight of the Taxable Fixed Income Group of the Manager. From 1993 to
November 1995, Mr. McClintock served as Managing Director, Fixed Income
Investments for Aeltus Investment Management, Inc., a division of Aetna
Corporation. From 1985 to 1993, he served in other investment-related
capacities for Aetna Corporation.
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