BULL AND BEAR GROUP A &lt;BNBGA> CUTS FUND PAYOUTS

  Bull and Bear Group A said it lowered
  its monthly dividends on three of its funds.
      It said it lowered its Tax Free Income Fund &lt;BLTFX> to 10.3
  cts from 10.6 cts; its U.S. Government Guaranteed Securities
  Fund &lt;BBUSX> to 11.5 cts from 11.8 cts; and its High Yield Fund
  &lt;BULHX> to 14 cts from 14.2 cts.
      All dividends are payable March 31 to shareholders of
  record March 25, the company said.
  

