-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 P3QtV3tkdRimo5cG1NOD351XBnpqdhEfdHE26YOKSdm+H3isuj2zKUPqtKw5vQAB
 f2V2rGid7JTeUubdAgyo0A==

<SEC-DOCUMENT>0000922423-03-001363.txt : 20031212
<SEC-HEADER>0000922423-03-001363.hdr.sgml : 20031212
<ACCEPTANCE-DATETIME>20031212122055
ACCESSION NUMBER:		0000922423-03-001363
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20031212
EFFECTIVENESS DATE:		20031212

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BEAR STEARNS FUNDS
		CENTRAL INDEX KEY:			0000931145
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-84842
		FILM NUMBER:		031051136

	BUSINESS ADDRESS:	
		STREET 1:		383 MADISON AVENUE
		STREET 2:		23RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10179
		BUSINESS PHONE:		(212) 272-9027

	MAIL ADDRESS:	
		STREET 1:		383 MADISON AVENUE
		STREET 2:		23RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10179
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>kl12020_497.txt
<DESCRIPTION>SUPPLEMENT TO PROSPECTUS.
<TEXT>
                             THE BEAR STEARNS FUNDS

                               Fixed Income Funds

                                Income Portfolio
                        High Yield Total Return Portfolio

                           Class A, B, C and Y Shares

                        Prospectuses dated August 1, 2003

                  Prospectus Supplement dated December 12, 2003

      The following supplements and modifies the information in this Prospectus.

Reorganization of the Income Portfolio

      In connection with the strategic arrangement between Bear Stearns Asset
Management Inc. and The Dreyfus Corporation, the Board of Trustees of Dreyfus
Premier Fixed Income Funds, on behalf of its series Dreyfus Premier Core Bond
Fund, on December 11, 2003, approved the reorganization of the Income Portfolio
into Dreyfus Premier Core Bond Fund. The Board of Trustees of The Bear Stearns
Funds had approved this reorganization on November 17, 2003. Please refer to the
Prospectus supplement dated November 18, 2003 for more information.

Please insert this Supplement in the front of your Prospectus(es). If you want
to obtain more information, please call 1-800-766-4111.

                                                                    BSF-S-030-01


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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