Message #11 From:
NewsBot Date: July 19, 2006 08:38:00 AM
DSM News Dreyfus Strategic Municipal Bond Fund, Inc. (DSM) Releases Fund Statistics
NEW YORK--(BUSINESS WIRE)--July 19, 2006--The following information for Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE: DSM) is as of June 30, 2006, and is subject to change at any time. All percentages are based on total net assets.
Dreyfus Strategic Municipal Bond Fund, Inc.
Symbol : "DSM"
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As of June 30, 2006
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Portfolio Overview Sector Distribution (Top Five)
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Subject to AMT 33% (As a percentage of net assets)
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Number of Issues 129 Health Care 15%
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Average maturity 20.18 years Transportation 10%
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Effective maturity 6.39 years Housing 9%
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Duration 4.913 Utility - Electric Revenue 8%
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Average rating* A+ General Obligation 8%
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Average coupon 5.83
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Average dollar price $99.317 State Distribution (Top Five)
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Pre-refunded (As a percentage of net assets)
securities 17%
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Leverage 30% Texas 15%
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Illinois 7%
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Market Summary South Carolina 5%
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Market price range Wisconsin
(52 weeks) $9.53-$7.97 5%
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NAV range (52 weeks) $9.13-$8.83 New York 4%
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Market price $8.86
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NAV $8.87 Call Schedule (Through 2009)
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Premium/(discount) (.11) 2006 12%
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Average daily volume
(52 weeks) 79,095 2007 4%
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Shares outstanding 48.25mm 2008 4%
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Net assets $614,179,383 2009 13%
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2010 7%
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Portfolio Quality*
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AAA 28% Market Yield and Dividend Rate**
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AA 18% Current market yield 5.23%
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A 15% Current dividend rate $.043
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BBB 24%
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Below investment
grade 15%
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* The percentages of these ** The market yield is calculated
ratings are calculated based on by multiplying the current market
the higher of Standard & Poor's distribution by 12 and dividing by
or Moody's for individual issues the market price per share of $8.86
and on a Dreyfus rating for on June 30, 2006. Past Performance
non-rated issues. is no guarantee of future
performance and price and yield
will vary.
