August 1, 1995
DREYFUS INVESTORS GNMA FUND
SUPPLEMENT TO PROSPECTUS
DATED APRIL 29, 1995
Effective November 1, 1995, the Fund will change its name to Dreyfus
BASIC GNMA Fund and become a member of the Dreyfus BASIC Family of Funds.
The funds in the Dreyfus BASIC Family of Funds are designed to benefit
investors who do not engage in frequent redemptions or exchanges of shares.
Such funds seek to keep fund expenses low by requiring higher minimum
investments and account balances and by charging investor accounts directly
for certain redemption and exchange transactions. In addition, The Dreyfus
Corporation has agreed through June 30, 1998, to limit certain Fund expenses,
including the management fee, to a maximum of .65 of 1% of the value of the
Fund's average net assets for the fiscal year.
Accordingly, effective November 1, 1995, the following procedural changes
will apply. Shareholders who have existing Fund accounts on September 31,
1995 will not be subject to the new minimum account balance or transaction
fees.
A. INVESTMENT AND ACCOUNT MINIMUMS
1. The minimum initial investment will be $10,000 ($5,000 for IRA
Accounts and other kinds of retirement accounts). Subsequent
investments must be at least $1,000.
2. The minimum account balance will be $5,000.
B. REDEMPTION AND EXCHANGE TRANSACTION FEES
1. Account Closeout Fee: $5.00
2. Wire Redemption Fee: $5.00
3. Dreyfus TELETRANSFER Redemption Fee: $5.00
4. Check Redemption Fee: $2.00
5. Exchange Fee: $5.00
(CONTINUED ON REVERSE SIDE)
C. SHAREHOLDER SERVICES AND PRIVILEGES
1. Redemption Checks must be in an amount of $1,000 or more.
2. Wire Redemptions must be in an amount of $5,000 or more.
3. The following shareholder services will be terminated:
Dreyfus Dividend Sweep, Dreyfus Dividend ACH, Dreyfus
Auto-Exchange, Dreyfus-AUTOMATIC Asset Builder Registration Mark,
Dreyfus Government Direct Deposit, Dreyfus Payroll Savings Plan
and Automatic Withdrawal Plan.
080s080195
