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 has authorized the redemption of up to
50%, in the aggregate, of its original outstanding ARPS.
DMF is redeeming $14.3 million of its originally issued and outstanding
$100 million of ARPS. To date, DMF has redeemed or called for redemption
an aggregate of $50 million of its ARPS.
|
|
|
Series
|
|
|
|
Cusip#
|
|
|
|
Total Shares
To Be
Redeemed
|
|
|
|
Total Amount
To Be
Redeemed
|
|
|
|
Redemption
Date
|
|
A
|
|
|
|
26201R201
|
|
|
|
286
|
|
|
|
$7,150,000
|
|
|
|
January 2, 2014
|
|
B
|
|
|
|
26201R300
|
|
|
|
286
|
|
|
|
$7,150,000
|
|
|
|
January 3, 2014
|
|
|
DSM is redeeming $25.8 million of its originally issued and outstanding
$186 million of ARPS. To date, DSM has redeemed or called for redemption
an aggregate of $93 million of its ARPS.
|
|
|
Series
|
|
|
|
Cusip#
|
|
|
|
Total Shares
To Be
Redeemed
|
|
|
|
Total Amount
To Be
Redeemed
|
|
|
|
Redemption
Date
|
|
A
|
|
|
|
26202F206
|
|
|
|
344
|
|
|
|
$8,600,000
|
|
|
|
December 31, 2013
|
|
B
|
|
|
|
26202F305
|
|
|
|
344
|
|
|
|
$8,600,000
|
|
|
|
January 2, 2014
|
|
C
|
|
|
|
26202F404
|
|
|
|
344
|
|
|
|
$8,600,000
|
|
|
|
December 30, 2013
|
|
|
LEO is redeeming $40.75 million of its originally issued and outstanding
$285 million of ARPS. To date, LEO has redeemed or called for redemption
an aggregate of $142.50 million of its ARPS.
|
|
|
Series
|
|
|
|
Cusip#
|
|
|
|
Total Shares
To Be
Redeemed
|
|
|
|
Total Amount
To Be
Redeemed
|
|
|
|
Redemption
Date
|
|
M
|
|
|
|
261932206
|
|
|
|
326
|
|
|
|
$8,150,000
|
|
|
|
December 31, 2013
|
|
T
|
|
|
|
261932305
|
|
|
|
326
|
|
|
|
$8,150,000
|
|
|
|
January 2, 2014
|
|
W
|
|
|
|
261932404
|
|
|
|
326
|
|
|
|
$8,150,000
|
|
|
|
January 2, 2014
|
|
TH
|
|
|
|
261932503
|
|
|
|
326
|
|
|
|
$8,150,000
|
|
|
|
January 3, 2014
|
|
F
|
|
|
|
261932602
|
|
|
|
326
|
|
|
|
$8,150,000
|
|
|
|
January 6, 2014
|
|
|
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 ARPS to be redeemed to the
underlying beneficial owners according to its own procedures.
Copyright Business Wire 2013