DREYFUS STRATEGIC MUNICIPAL BOND FUND, INC. (NYSE:DSM) REPORTED THE
FOLLOWING FINANCIAL INFORMATION FOR THE FISCAL YEAR ENDED NOVEMBER 30,
2013, COMPARED WITH THE RESULTS FOR THE FISCAL YEAR ENDED NOVEMBER 30,
2012:
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YEAR ENDED NOVEMBER 30:
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2013
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2012
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NET INVESTMENT INCOME*
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TOTAL
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$26,041,267
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$26,658,680
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PER SHARE
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$0.53
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$0.55
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NET INVESTMENT INCOME AFTER DIVIDENDS
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PAID TO PREFERRED SHAREHOLDERS
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TOTAL
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$25,810,536
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$26,300,093
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PER SHARE (COMMON STOCK)
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$0.52
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$0.54
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NET ASSET VALUE AT END OF PERIOD
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NET OF PREFERRED STOCK
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$389,692,272
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$455,705,933
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PREFERRED STOCK OUTSTANDING
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$118,800,000
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$139,500,000
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PER SHARE (COMMON STOCK)
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$7.94
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$9.30
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NET ASSET VALUE AT BEGINNING OF PERIOD
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NET OF PREFERRED STOCK
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$455,705,933
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$394,955,410
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PREFERRED STOCK OUTSTANDING
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$139,500,000
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$139,500,000
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PER SHARE (COMMON STOCK)
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$9.30
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$8.10
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*Net Investment Income is calculated based on U.S. generally
accepted accounting principles, whereas income distributions are
determined in accordance with income tax regulations, which differ from
U.S. generally accepted accounting principles.
Copyright Business Wire 2014