Message #13 From:
NewsBot Date: August 2, 2006 07:43:00 AM
DSM News Dreyfus Strategic Municipal Bond Fund, Inc. Announces Interim Results for the Six-Month Period Ended May 31, 2006
NEW YORK--(BUSINESS WIRE)--Aug. 2, 2006--DREYFUS STRATEGIC MUNICIPAL BOND FUND, INC. (NYSE: DSM) REPORTED THE FOLLOWING FINANCIAL INFORMATION FOR THE SIX-MONTH PERIOD ENDED MAY 31, 2006, COMPARED WITH THE RESULTS FOR THE SIX-MONTH PERIOD ENDED MAY 31, 2005:
SIX-MONTH PERIOD ENDED MAY 31: 2006 2005
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NET INVESTMENT INCOME
TOTAL* $ 15,163,893 $ 15,127,969
PER SHARE (COMMON STOCK) $ 0.31 $ 0.31
NET INVESTMENT INCOME AFTER DIVIDENDS
PAID TO PREFERRED SHAREHOLDERS
TOTAL $ 12,264,236 $ 13,273,405
PER SHARE (COMMON STOCK) $ 0.26 $ 0.27
NET ASSET VALUE AT END OF PERIOD
NET OF PREFERRED STOCK $430,659,429 $436,080,079
PREFERRED STOCK OUTSTANDING $186,000,000 $186,000,000
PER SHARE (COMMON STOCK) $ 8.92 $ 9.05
NET ASSET VALUE AT BEGINNING OF PERIOD
NET OF PREFERRED STOCK $428,466,096 $412,833,231
PREFERRED STOCK OUTSTANDING $186,000,000 $186,000,000
PER SHARE (COMMON STOCK)..... $ 8.88 $ 8.57
* Net Investment Income is based on U.S. generally accepted
accounting principles. Income distributions are determined in
accordance with income tax regulations, which may differ from
U.S. generally accepted accounting principles.
