THE MANAGERS FUNDS
U.S. STOCK MARKET PLUS FUND
SHORT DURATION GOVERNMENT FUND
INTERMEDIATE DURATION GOVERNMENT FUND
SUPPLEMENT DATED SEPTEMBER 21, 2000
TO PROSPECTUS AND STATEMENT OF ADDITIONAL
INFORMATION DATED AUGUST 1, 2000
The Prospectus and Statement of Additional
Information is hereby supplemented as follows:
INTERMEDIATE DURATION GOVERNMENT FUND
-------------------------------------
Effective October 1, 2000, Managers
Intermediate Duration Government Fund will
declare dividends and distributions monthly
rather than daily.
U.S. STOCK MARKET PLUS FUND, SHORT DURATION
GOVERNMENT FUND AND INTERMEDIATE DURATION
GOVERNMENT FUND
--------------------------------------------
Effective October 1, 2000, the dividend policy
of Managers U.S. Stock Market Plus Fund,
Managers Short Duration Government Fund and
Managers Intermediate Duration Government Fund
shall be to declare income dividends and
capital gain distributions, if any, for ex-
dividend and reinvestment on the fourth to the
last business day of the month, and to pay such
dividends in cash or reinvest such dividends in
shares of the respective Fund on the third to
the last business day of the month as
determined by the Funds' officers to
shareholders of record the business day before
the ex-dividend date.
September 21, 2000
