COMSTOCK PARTNERS FUNDS, INC.
Supplement dated August 28, 1999 to Prospectus dated August 28, 1999
Until August 31, 1999, The Dreyfus Corporation ("Dreyfus")
will serve as sub-investment adviser to the Strategy Fund and as sub-
investment adviser and administrator to the Capital Value Fund. After
August 31, 1999, Dreyfus will no longer serve in these capacities. As of
the close of business on August 31, 1999, Princeton Administrators, L.P.,
in addition to serving as administrator for the Strategy Fund, will also
serve as administrator for the Capital Value Fund.
Until August 31, 1999, the following shareholder services
will be available to shareholders of the Strategy Fund or the Capital
Value Fund:
- exchange privileges between either the Strategy Fund or the
Capital Value Fund and certain funds managed or administered
by Dreyfus.
- an exchange privilege between either the Strategy Fund or the
Capital Value Fund and the Dreyfus Worldwide Dollar Money
Market Fund for the purpose of establishing, or exchanging out
of, an exchange account.
- the ability to sweep dividends between either the Strategy
Fund or the Capital Value Fund and funds advised or
administered by Dreyfus.
- the ability to count purchases of shares of either the
Strategy Fund or the Capital Value Fund toward the right of
accumulation for purchases of Dreyfus funds which are subject
to a sales load.
Other shareholder services and privileges described in the
Prospectus will not be affected by these changes in service providers.
If you have any questions about the shareholder services available to
shareholders of the Strategy Fund or the Capital Value Fund, please call
1-800-554-4611.
