Message #16 From:
NewsBot Date: October 25, 2006 09:20:00 AM
DSM News Dreyfus Strategic Municipal Bond Fund, Inc. (DSM) Releases Fund Statistics
NEW YORK--(BUSINESS WIRE)--The following information for Dreyfus Strategic Municipal Bond Fund,
Inc. (NYSE: DSM) is as of Sept. 30, 2006, and is subject to change at
any time. All percentages are based on total net assets (except as
otherwise noted).
Dreyfus Strategic Municipal Bond Fund, Inc.
Symbol : “DSM”
As of Sept. 30, 2006
Portfolio Overview
Sector Distribution (Top Five)
Subject to AMT
33%
Health Care
16%
Number of Issues
138
Transportation
9%
Average maturity
22.83 years
Housing
9%
Effective maturity
6.14 years
General Obligation
8%
Duration
4.865
Other Revenue
6%
Average rating*
A
Average coupon
6.103
State Distribution (Top Five)
Average dollar price
$105.213
Texas
13%
Pre-refunded securities
16%
Illinois
6%
Leverage
30%
South Carolina
6%
Wisconsin
5%
Market Summary
New York
5%
Market price range (52 weeks)
$9.31-$7.97
NAV range (52 weeks)
$9.11-$8.86
Call Schedule (Through 2010)
Market price
$9.29
2006
11%
NAV
$9.09
2007
3%
Premium/(discount)
2.20
2008
3%
Average daily volume (52 weeks)
66,767
2009
13%
Shares outstanding
48.25mm
2010
7%
Net assets
$624,706,919
Market Yield and Dividend Rate**
Portfolio Quality*
Current market yield
5.55%
AAA
25%
Current dividend rate
$.043
AA
19%
A
15%
BBB
27%
Below investment grade
14%
* The percentages of these ratings are calculated based on the
higher of Standard & Poor's or Moody's for individual issues and on
a Dreyfus rating for non-rated issues.
** The market yield is calculated by multiplying the current market
distribution by 12 and dividing by the market price per share of
$9.29 on Sept. 30,2006. Past Performance is no guarantee of future
performance and price and yield will vary.
