CORRECTING and REPLACING Certain Dreyfus Closed-End Municipal Bond Funds Announce Another Round of P

CORRECTING and REPLACINGCertain Dreyfus Closed-End Municipal Bond Funds Announce Another Round of Partial Redemptions of Auction Rate Preferred Securities

NEW YORK--(BUSINESS WIRE)-- Please replace the release with the following corrected version due to multiple revisions.


The corrected release reads:

CERTAIN DREYFUS CLOSED-END MUNICIPAL BOND FUNDS ANNOUNCE ANOTHER ROUND OF PARTIAL REDEMPTIONS OF AUCTION RATE PREFERRED SECURITIES

Each of Dreyfus Municipal Income, Inc. (NYX: DMF), Dreyfus Strategic Municipal Bond Fund, Inc. (NYS: DSM) and Dreyfus Strategic Municipals, Inc. (NYS: LEO) today called for the partial redemption, at par value on a pro-rata basis by series in the amounts and on the dates indicated below, of the Funds' auction rate preferred securities (ARPS).* Each Fund previously redeemed 25% of its original outstanding ARPS and the Board of each Fund has authorized the redemption of up to an additional 25% of its original outstanding ARPS.

DMF is redeeming $10.7 million of its originally issued and outstanding $100 million of ARPS. To date, DMF has redeemed or called for redemption an aggregate of $35.7 million of its ARPS.

Series

Cusip#

Total Shares

Redeemed

Total Amount

Redeemed

Redemption

Date

A

26201R201

214

$5,350,000

August 28, 2013

B

26201R300

214

$5,350,000

August 30, 2013

DSM is redeeming $20.7 million of its originally issued and outstanding $186 million of ARPS. To date, DSM has redeemed or called for redemption an aggregate of $67.2 million of its ARPS.

Series

Cusip#

Total Shares

Redeemed

Total Amount

Redeemed

Redemption

Date

A

26202F206

276

$6,900,000

August 27, 2013

B

26202F305

276

$6,900,000

August 29, 2013

C

26202F404

276

$6,900,000

August 26, 2013

LEO is redeeming $30.5 million of its originally issued and outstanding $285 million of ARPS. To date, LEO has redeemed or called for redemption an aggregate of $101.75 million of its ARPS.

Series

Cusip#

Total Shares

Redeemed

Total Amount

Redeemed

Redemption

Date

M

261932206

244

$6,100,000

August 27, 2013

T

261932305

244

$6,100,000

August 28, 2013

W

261932404

244

$6,100,000

August 29, 2013

TH

261932503

244

$6,100,000

August 30, 2013

F

261932602

244

$6,100,000

August 26, 2013

Additional information relative to each Fund's ARPS can be accessed at http://www.dreyfus.com/ars.

* Redemptions will be allocated among participating broker-dealers by The DepositoryTrust Company using a predetermined methodology, and each broker-dealer will allocate the redeemed shares to the underlying beneficial owners according to its own procedures.



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

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS:

The article CORRECTING and REPLACING Certain Dreyfus Closed-End Municipal Bond Funds Announce Another Round of Partial Redemptions of Auction Rate Preferred Securities originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.