DEAN WITTER SHORT-TERM BOND FUND
497, 1994-07-06
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                        SUPPLEMENT TO THE PROSPECTUS OF
                        DEAN WITTER SHORT-TERM BOND FUND
                              DATED JUNE 20, 1994

    The  footnote to the "Annual Fund  Operating Expenses" table of the "Summary
of Fund Expenses" section appearing at page three of the Prospectus and the last
sentence of "The Fund and its Management" section appearing at page five of  the
Prospectus are amended to read as follows:

        The  Investment Manager has undertaken  to assume all operating expenses
    (except for any brokerage fees) and  to waive the compensation provided  for
    in its Investment Management Agreement until December 31, 1994.

July 5, 1994


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