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Dreyfus Strategic Municipal Bond Fund Annual Earnings Report for the Fiscal Year Ended November 30, 2010
//business-finance.news-articles.net/content/201 .. -for-the-fiscal-year-ended-november-30-2010.html
Published in Business and Finance on Monday, January 31st 2011 at 8:55 GMT by Market Wire
Published in Business and Finance on Monday, January 31st 2011 at 8:55 GMT by Market Wire

NEW YORK--([ BUSINESS WIRE ])--DREYFUS STRATEGIC MUNICIPAL BOND FUND, INC. (NYSE: DSM) REPORTED THE FOLLOWING FINANCIAL INFORMATION FOR THE FISCAL YEAR ENDED NOVEMBER 30, 2010, COMPARED WITH THE RESULTS FOR THE FISCAL YEAR ENDED NOVEMBER 30, 2009:
YEAR ENDED NOVEMBER 30: | 2010 | 2009 | ||||
NET INVESTMENT INCOME* | ||||||
TOTAL | $28,800,183.00 | $30,805,161.00 | ||||
PER SHARE | $0.59 | $0.64 | ||||
NET INVESTMENT INCOME AFTER DIVIDENDS | ||||||
PAID TO PREFERRED SHAREHOLDERS | ||||||
TOTAL | $28,125,484.00 | $29,565,390.00 | ||||
PER SHARE (COMMON STOCK) | $0.58 | $0.61 | ||||
NET ASSET VALUE AT END OF PERIOD | ||||||
NET OF PREFERRED STOCK | $382,293,422.00 | $384,456,742.00 | ||||
PREFERRED STOCK OUTSTANDING | $149,475,000.00 | $186,000,000.00 | ||||
PER SHARE (COMMON STOCK) | $7.87 | $7.93 | ||||
NET ASSET VALUE AT BEGINNING OF PERIOD | ||||||
NET OF PREFERRED STOCK | $384,456,742.00 | $327,878,855.00 | ||||
PREFERRED STOCK OUTSTANDING | $186,000,000.00 | $186,000,000.00 | ||||
PER SHARE (COMMON STOCK) | $7.93 | $6.76 | ||||
*Net Investment Income is calculated based on U.S. generally accepted accounting principles, whereas income distributions are determined in accordance with income tax regulations, which differ from U.S. generally accepted accounting principles.
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