Each of Dreyfus Municipal Income, Inc. (NYX:DMF), Dreyfus Strategic
Municipal Bond Fund, Inc. (NYSE: DSM) and Dreyfus Strategic Municipals,
Inc. (NYSE: LEO) today called for the partial redemption, at par value
on a pro-rata basis by series in the amounts and on the dates indicated
below, of the Funds’ auction rate preferred securities (ARPS).* The
Board of each Fund previously had authorized the redemption of up to 25%
of its outstanding ARPS.
DMF is redeeming $10 million of its currently outstanding $100 million
of ARPS.
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Series
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Cusip#
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Total Shares Redeemed
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Total Amount Redeemed
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Redemption Date
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A
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26201R201
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200
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$5,000,000
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March 10, 2010
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B
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26201R300
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200
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$5,000,000
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March 12, 2010
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DSM is redeeming $5.1 million of its currently outstanding $186 million
of ARPS.
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Series
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Cusip#
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Total Shares Redeemed
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Total Amount Redeemed
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Redemption Date
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A
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26202F206
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68
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$1,700,000
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March 9, 2010
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B
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26202F305
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68
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$1,700,000
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March 11, 2010
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C
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26202F404
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68
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$1,700,000
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March 8, 2010
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LEO is redeeming $11.5 million of its currently outstanding $285 million
of ARPS.
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Series
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Cusip#
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Total Shares Redeemed
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Total Amount Redeemed
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Redemption Date
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M
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261932206
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92
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$2,300,000
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March 9, 2010
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T
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261932305
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92
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$2,300,000
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March 10, 2010
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W
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261932404
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92
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$2,300,000
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March 11, 2010
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TH
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261932503
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92
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$2,300,000
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March 12, 2010
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F
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261932602
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92
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$2,300,000
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March 8, 2010
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Additional information relative to each Fund’s ARPS can be accessed at http://www.dreyfus.com/ars.
* Redemptions will be allocated among participating broker-dealers by
The Depository Trust Company using a predetermined methodology,
and each broker-dealer will allocate the redeemed shares to the
underlying beneficial owners according to its own procedures.
Copyright Business Wire 2013