Dreyfus Investment Grade Bond Funds, Inc.
Dreyfus Intermediate Term Income Fund
Dreyfus Short-Term Income Fund
Supplement dated January 28, 1999
to the
Prospectus dated November 1, 1998
The following replaces the second paragraph of the section of the
Company's prospectus entitled: "Management of the Funds - Investment
Adviser."
The Dreyfus Corporation supervises and assists in the overall
management of each Fund's affairs under a management agreement with the
Company, subject to the authority of the Company's Board in accordance with
Maryland law. As of January 28, 1999, each Fund's portfolio is managed by
committee. The Dreyfus Taxable Fixed Income Team makes investment decisions
for each Fund. No individual team member is primarily responsible for
making these investment decisions. The portfolio managers comprising the
team are identified in the Statement of Additional Information. The Dreyfus
Corporation also provides research services for the Funds and for other
funds advised by The Dreyfus Corporation through a professional staff of
portfolio managers and securities analysts.
