Dreyfus Strategic Municipal Bond Fund, Inc. (DSM) Releases Fund Statistics

Wed Oct 28, 4:05 PM

NEW YORK--(BUSINESS WIRE)--The following information for Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE: DSM) is as of September 30, 2009 (except as otherwise noted), and is subject to change at any time. All percentages are based on total net assets (except as otherwise noted).

Dreyfus Strategic Municipal Bond Fund, Inc.

Symbol: “DSM”

As of September 30, 2009    
 

Portfolio Overview

Sector Distribution (Top Five)

Subject to AMT 27% Health Care 15%
Number of Issues 128 Transportation 11%
Average maturity 21yrs Housing 10%
Effective maturity 7yrs Electric Revenue 9%
Duration 5.113 General Obligation 7%
Average rating* A+
Average coupon 5.718%

State Distribution (Top Five)

Average dollar price $101.792 Texas 19%
Pre-refunded securities 20% California 12%
Leverage 32% New York 5%
Wisconsin 5%

Market Summary

Virginia 5%
Market price range (52 weeks) $7.72-$4.45
NAV range (52 weeks) $8.18-$6.19

Call Schedule (Through 2013)

Market price $7.72 2009 3%
NAV 8.18 2010 4%
Premium/(discount) (-5.623) 2011 2%
Average daily volume (52 weeks) 82,753 2012 2%
Shares outstanding 48.5MM 2013 2%
Net assets $582,901,600

Market Yield and Dividend Rate**

Portfolio Quality*

Current market yield 5.98%
AAA 31% Current dividend rate $0.0385
AA 18%
A 22%
BBB 17%
Below investment grade 12%
 
* The percentages of these ratings are calculated based on the higher of Standard & Poor's or Moody's for individual issues and on a Dreyfus rating for non-rated issues. ** The market yield is calculated by multiplying the current market distribution by 12 and dividing by the market price per share of $7.72 on September 30, 2009. Past Performance is no guarantee of future performance and price and yield will vary.

For Press Inquiries:
The Dreyfus Corporation
Patrice M. Kozlowski
(212) 922-6030
or
For Other Inquiries:
MBSC Securities Corporation
The National Marketing Desk
200 Park Avenue
New York, New York 10166
1-800-334-6899