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Bny Mellon Funds Trust · 497 · On 7/18/07

Filed On 7/18/07, 4:01pm ET   ·   Accession Number 1111565-7-7   ·   SEC File 333-34844

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  As Of                Filer                Filing    For/On/As Docs:Size

 7/18/07  Bny Mellon Funds Trust            497         7/18/07    1:20K

Definitive Material   —   Rule 497
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 497         Prospectus and Sai Stickers                         HTML     16K 


This is an HTML Document rendered as filed.  [ Alternative Formats ]



  mellonsticker  


July 18, 2007

MELLON FUNDS TRUST

Supplement to Prospectus
dated December 29, 2006
(Class M and Investor class shares)

The following information supersedes and replaces any contrary information contained in the section of the Trust’s Prospectus entitled “Management”:

On July 1, 2007, The Bank of New York Company, Inc. and Mellon Financial Corporation completed their merger to form a new company called The Bank of New York Mellon Corporation. As a result, The Dreyfus Corporation (“Dreyfus”), the fund’s investment adviser, previously a wholly-owned subsidiary of Mellon Financial Corporation, is now a wholly-owned subsidiary of The Bank of New York Mellon Corporation.

Dreyfus is the primary mutual fund business of The Bank of New York Mellon Corporation, a global financial services company focused on helping clients move and manage their financial assets, operating in 37 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset and wealth management, asset servicing, issuer services, and treasury services through a worldwide client-focused team. It has more than $18 trillion in assets under custody and administration and $1 trillion in assets under management, and it services more than $11 trillion in outstanding debt. Additional information is available at www.bnymellon.com.

______________________________________

Effective June 30, 2007, the following changes occurred:

(a) Dreyfus Service Corporation, the distributor for The Mellon Funds, changed its name to “MBSC Securities Corporation” (“MBSC”). All information in the prospectus relating to “Dreyfus Service Corporation”, “DSC”, or the “distributor” now relates to MBSC.

(b) MBSC, LLC (“LLC”) merged into MBSC and discontinued operations. BNY Mellon Wealth Advisors (“BMWA”), previously a division of LLC and known as Mellon Private Wealth Advisors, continues as a division of MBSC. To obtain information, BMWA Brokerage Clients can continue to contact their financial advisor, or their BMWA representative as provided in the prospectus, and individual account holders can contact the Dreyfus Retail Services division of MBSC by calling the telephone number listed in the prospectus.

______________________________________

Effective February 15, 2007, the following information supersedes and replaces any contrary information with respect to Mellon Large Cap Stock Fund, Mellon Income Stock Fund and Mellon Balanced Fund contained in the section of the Trust’s Prospectus entitled “Management”:



Portfolio managers     
Name of fund    Primary portfolio manager 


 
Mellon Large Cap Stock Fund    Sean P. Fitzgibbon 
Mellon Income Stock Fund    Brian C. Ferguson 
Mellon Balanced Fund    Sean P. Fitzgibbon and 
    John F. Flahive 

Biographical information

Sean P. Fitzgibbon, CFA, has been the primary portfolio manager of Mellon Large Cap Stock Fund and a primary portfolio manager of Mellon Balanced Fund since February 2007. Mr. Fitzgibbon also has been a portfolio manager at Dreyfus since October 2004. He also is a senior vice president, portfolio manager, analyst and member of the U.S. Large Cap Core Equity Team at The Boston Company Asset Management, LLC (“TBCAM”), a Dreyfus affiliate, where he has been employed since August 1991.

Brian C. Ferguson has been the primary portfolio manager of Mellon Income Stock Fund since February 2007 and a portfolio manager at Dreyfus since October 2002. Mr. Ferguson also is a senior vice president and the director of the U.S. Large Cap Value Equity Team at TBCAM, where he has been employed since June 1997.

The references concerning Michael D. Weiner and D. Gary Richardson in the section entitled “Management” are deleted because they are no longer portfolio managers of the funds.

_____________________________________________________________________________

July 18, 2007

MELLON FUNDS TRUST

Supplement to Prospectus
dated December 29, 2006
(Dreyfus Premier shares)

The following information supersedes and replaces any contrary information contained in the section of the Trust’s Prospectus entitled “Management”:

On July 1, 2007, The Bank of New York Company, Inc. and Mellon Financial Corporation completed their merger to form a new company called The Bank of New York Mellon Corporation. As a result, The Dreyfus Corporation (“Dreyfus”), the fund’s investment adviser, previously a wholly-owned subsidiary of Mellon Financial Corporation, is now a wholly-owned subsidiary of The Bank of New York Mellon Corporation.




Dreyfus is the primary mutual fund business of The Bank of New York Mellon Corporation, a global financial services company focused on helping clients move and manage their financial assets, operating in 37 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset and wealth management, asset servicing, issuer services, and treasury services through a worldwide client-focused team. It has more than $18 trillion in assets under custody and administration and $1 trillion in assets under management, and it services more than $11 trillion in outstanding debt. Additional information is available at www.bnymellon.com.

______________________________________

Effective June 30, 2007, the following changes occurred:

(a) Dreyfus Service Corporation, the distributor for The Mellon Funds, changed its name to “MBSC Securities Corporation” (“MBSC”). All information in the prospectus relating to “Dreyfus Service Corporation”, “DSC”, or the “distributor” now relates to MBSC.

(b) MBSC, LLC (“LLC”) merged into MBSC and discontinued operations. BNY Mellon Wealth Advisors (“BMWA”), previously a division of LLC and known as Mellon Private Wealth Advisors, continues as a division of MBSC. To obtain information, BMWA Brokerage Clients can continue to contact their financial advisor, or their BMWA representative as provided in the prospectus, and individual account holders can contact the Dreyfus Retail Services division of MBSC by calling the telephone number listed in the prospectus.

_____________________________________________________________________________

July 18, 2007

MELLON FUNDS TRUST

Supplement to Statement of Additional Information
dated December 29, 2006

The following information supersedes and replaces any contrary information contained in the Statement of Additional Information:

On July 1, 2007, The Bank of New York Company, Inc. and Mellon Financial Corporation completed their merger to form a new company called The Bank of New York Mellon Corporation (“BNY Mellon”). The Dreyfus Corporation (“Dreyfus”), the Fund’s investment adviser, previously a wholly-owned subsidiary of Mellon Financial Corporation, is now a wholly-owned subsidiary of BNY Mellon. BNY Mellon is a global financial services company incorporated under Delaware law in 2007 and registered under the Federal Bank Holding Company Act of 1956, as amended. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing asset and wealth management, asset servicing, issuer services, and treasury services.

BNY Mellon and its affiliates may have deposit, loan and commercial banking or other relationships with the issuers of securities purchased by the Fund. Dreyfus has informed




management of the Fund that in making its investment decisions it does not obtain or use material inside information that BNY Mellon or its affiliates may possess with respect to such issuers.

______________________________________

Effective June 30, 2007, Dreyfus Service Corporation, the distributor for each of The Mellon Funds, changed its name to “MBSC Securities Corporation” (“MBSC”). All information in this Statement of Additional Information relating to “Dreyfus Service Corporation”, “DSC”, or the “distributor” now relates to MBSC.

MBSC also serves as the distributor for the funds in the Dreyfus Family of Funds and, effective June 30, 2007, became the distributor for the Mellon Institutional Funds.



Dates Referenced Herein   and   Documents Incorporated By Reference

This 497 Filing   Date   Other Filings
12/29/06485BPOS
2/15/07497
6/30/07N-PX
7/1/07
Filed On / Filed As Of / Effective As Of7/18/07
 
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Filing Submission 0001111565-07-000007   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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