Dreyfus Strategic Municipal Bond Fund, Inc. (DSM) Releases Fund Statistics
- Press Release
- Source: Dreyfus Strategic Municipal Bond Fund, Inc.
- On 4:00 pm EDT, Wednesday October 28, 2009
NEW YORK--(BUSINESS WIRE)--The following information for Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE: DSM - News) is as of September 30, 2009 (except as otherwise noted), and is subject to change at any time. All percentages are based on total net assets (except as otherwise noted).
Related Quotes
| Symbol | Price | Change |
|---|---|---|
| DSM | 7.60 | -0.05 |
Dreyfus Strategic Municipal Bond Fund, Inc.
Symbol: “DSM”
| As of September 30, 2009 | |||||
|
Portfolio Overview |
Sector Distribution (Top Five) |
||||
| Subject to AMT | 27% | Health Care | 15% | ||
| Number of Issues | 128 | Transportation | 11% | ||
| Average maturity | 21yrs | Housing | 10% | ||
| Effective maturity | 7yrs | Electric Revenue | 9% | ||
| Duration | 5.113 | General Obligation | 7% | ||
| Average rating* | A+ | ||||
| Average coupon | 5.718% |
State Distribution (Top Five) |
|||
| Average dollar price | $101.792 | Texas | 19% | ||
| Pre-refunded securities | 20% | California | 12% | ||
| Leverage | 32% | New York | 5% | ||
| Wisconsin | 5% | ||||
|
Market Summary |
Virginia | 5% | |||
| Market price range (52 weeks) | $7.72-$4.45 | ||||
| NAV range (52 weeks) | $8.18-$6.19 |
Call Schedule (Through 2013) |
|||
| Market price | $7.72 | 2009 | 3% | ||
| NAV | 8.18 | 2010 | 4% | ||
| Premium/(discount) | (-5.623) | 2011 | 2% | ||
| Average daily volume (52 weeks) | 82,753 | 2012 | 2% | ||
| Shares outstanding | 48.5MM | 2013 | 2% | ||
| Net assets | $582,901,600 | ||||
|
Market Yield and Dividend Rate** |
|||||
|
Portfolio Quality* |
Current market yield | 5.98% | |||
| AAA | 31% | Current dividend rate | $0.0385 | ||
| AA | 18% | ||||
| A | 22% | ||||
| BBB | 17% | ||||
| Below investment grade | 12% | ||||
| * 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 $7.72 on September 30, 2009. Past Performance is no guarantee of future performance and price and yield will vary. |
Contact:
For Press Inquiries:
The Dreyfus Corporation
Patrice M. Kozlowski
(212) 922-6030
or
For Other Inquiries:
MBSC Securities Corporation
The National Marketing Desk
200 Park Avenue
New York, New York 10166
1-800-334-6899
Related Headlines
- The Board of Each of Dreyfus Strategic Municipals, Inc. (NYSE:LEO) And Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE:DSM) Authorizes the Use of Tender Option Bonds in Connection with Any Partial Redemption of Its Auction Rate Preferred - Business Wire
- Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE:DSM) Announces Dividend Increase - Business Wire
- Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE: DSM) Declares Dividend - Business Wire
- Dreyfus Strategic Municipal Bond Fund, Inc. (DSM) Releases Fund Statistics - Business Wire
- Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE: DSM) Declares Dividend - Business Wire
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