Dryden California Municipal Fund
California Income Series

____________________________________________________________

Supplement dated January 26, 2004
to the Prospectus and Statement of Additional Information
dated October 31, 2003

The following information supercedes any contrary information
contained in the Prospectus or in the statement of additional
information (SAI), in particular, the section of the Prospectus
entitled "How to Buy, Sell and Exchange Shares of the Series,"
and the section of the SAI entitled "Purchase, Redemption and
Pricing of Series Shares :"

Effective February 2, 2004, Class C shares purchased on or
after February 2, 2004 will not be subject to an initial sales
charge.  Effective February 2, 2004, for Class C shares
purchased on or after February 2, 2004 the will be subject to
a contingent deferred sales charge (CDSC) for a period of 12
months from the date of purchase.

To reflect these changes, the section of the Prospectus entitled
"Risk/Return Summary -- Fees and Expenses" is amended with the
following:


Shareholder Fees1 (paid directly from your investment)	     	Class C

Maximum sales charge (load) imposed on purchases (as a 	    	None
percentage of offering price)

Maximum deferred sales charge (load) (as a percentage 		1%4
of the lower of original purchase price or sale proceeds)

Maximum sales charge (load) imposed on reinvested 		None
dividends and other distributions

Redemption fees							None

Exchange fee							None

4 The CDSC for Class C shares is 1% for shares redeemed within
12 months from the date of purchase.

To reflect these changes, the section of the Prospectus entitled
"Risk/Return Summary -- Fees and Expenses -- Example" is amended
with the following:

This example will help you compare the fees and expenses of Class C
shares of the Series with the other share classes of the Series and
compare the cost of investing in Class C shares of the Series with
the cost of investing in other mutual funds.

The example assumes that you invest $10,000 in the Series' Class C
shares for the time periods indicated and then sell all of your
shares at the end of those periods.  The example also assumes that
your investment has a 5% return each year and that the Series'
operating expenses   remain the same, except for any contractual
distribution and service (12b-1) fee waivers and overall expense
limitations that may be in effect.  Although your actual costs may
be higher or lower, based on these assumptions, your costs would be:


		1 YR*		3 YRS	5 YRS	10 YRS
Class C shares	$268 ($168)	$520	$897	$1,955

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*Because Class C shares are subject to a contingent deferred sales
charge (CDSC) of 1% on shares sold within 12 months after purchase,
the amount in parentheses represents your expenses on the same
investment if you do not sell your shares during the first year after
purchase.  Because no CDSC applies after 12 months, there is no
difference in expenses for shares whether or not they are sold after
being held for three, five or ten years.




MF146C1