MORGAN STANLEY DEAN WITTER GLOBAL DIVIDEND GROWTH SECURITIES
497, 1998-07-01
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                        SUPPLEMENT TO THE PROSPECTUS OF
          MORGAN STANLEY DEAN WITTER GLOBAL DIVIDEND GROWTH SECURITIES
                              DATED JUNE 23, 1998
 
    The second paragraph under the subsection entitled "Portfolio Management"
under the section of the prospectus entitled "INVESTMENT OBJECTIVE AND POLICIES"
is hereby replaced by the following:
 
        The Fund is managed within the Growth and Income Group of Morgan
    Stanley Dean Witter Advisors ("MSDW Advisors"), which manages 26 equity
    funds and fund portfolios, with approximately $36 billion in assets at
    May 31, 1998. Paul D. Vance, Senior Vice President of MSDW Advisors and
    head of MSDW Advisors' Growth and Income Group, has been the primary
    portfolio manager of the Fund since its inception and is assisted by
    Matthew T. Haynes, Vice President of MSDW Advisors and also a member of
    MSDW Advisors' Growth and Income Group. Messrs. Vance and Haynes have
    been portfolio managers with MSDW Advisors for over five years.
 
June 23, 1998


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