December 1, 1995
DREYFUS-WILSHIRE TARGET FUNDS, INC.
SUPPLEMENT TO PROSPECTUS
DATED NOVEMBER 15, 1995
THE FOLLOWING INFORMATION SUPPLEMENTS OR REPLACES THE INFORMATION
CONTAINED IN THE SECTIONS OF THE FUND'S PROSPECTUS ENTITLED "MANAGEMENT OF
THE FUND," "SHAREHOLDER SERVICES" AND "HOW TO REDEEM FUND SHARES":
Dreyfus Transfer, Inc., a wholly-owned subsidiary of The Dreyfus
Corporation, is located at One American Express Plaza, Providence, Rhode
Island 02903, and serves as the Fund's Transfer and Dividend Disbursing Agent
(the "Transfer Agent").
Effective January 1, 1996, the telephone number for the following
transactions is 1-800-645-6561 or, if you are calling from overseas,
516-794-5452:
* Telephone Exchange Privilege
* Wire Redemption Privilege
* Telephone Redemption Privilege
WILSs120195
December 1, 1995
DREYFUS-WILSHIRE TARGET FUNDS, INC.
Supplement to Statement of Additional Information
Dated November 15, 1995
The following information supplements and supersedes any contrary
information contained in the Fund's Statement of Additional Information:
Effective December 1, 1995, Dreyfus Transfer, Inc. (the "Transfer Agent")
became the Fund's transfer and dividend disbursing agent. The transfer
agent, a wholly owned subsidiary of the Manager, is located at One American
Express Plaza, Providence, Rhode Island 02903. Under a transfer agency
agreement with the Fund, the Transfer Agent arranges for the maintenance of
shareholder account records for the Fund, the handling of certain
communications between shareholders and the Fund and the payment of
dividends and distributions payable by the Fund. For these services, the
Transfer Agent receives a monthly fee computed on the basis of the number
of shareholder accounts it maintains for the Fund during the month, and is
reimbursed for certain out-of-pocket expenses. The Transfer Agent has no
part in determining the investment policies of the Fund or which securities
are to be purchased or sold by the Fund.
