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

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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:

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