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Dreyfus Strategic Municipal Bond Fund, Inc. Interim Results for the Six-Month Period Ended May 31, 2011


Published on 2011-08-05 19:20:24 - Market Wire
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NEW YORK--([ BUSINESS WIRE ])--DREYFUS STRATEGIC MUNICIPAL BOND FUND, INC. (NYSE: DSM) REPORTED THE FOLLOWING FINANCIAL INFORMATION FOR THE SIX-MONTH PERIOD ENDED MAY 31, 2011, COMPARED WITH THE RESULTS FOR THE SIX-MONTH PERIOD ENDED MAY 31, 2010:

SIX-MONTH PERIOD ENDED MAY 31:

2011

2010

NET INVESTMENT INCOME
TOTAL* 14,067,679 14,370,882
PER SHARE (COMMON STOCK) .29 .30
NET INVESTMENT INCOME AFTER DIVIDENDS
PAID TO PREFERRED SHAREHOLDERS
TOTAL 13,785,013 14,023,350
PER SHARE (COMMON STOCK) .28 .29
NET ASSET VALUE AT END OF PERIOD
NET OF PREFERRED STOCK 379,285,063 397,587,728
PREFERRED STOCK OUTSTANDING 139,500,000 169,800,000
PER SHARE (COMMON STOCK) 7.79 8.20
NET ASSET VALUE AT BEGINNING OF PERIOD
NET OF PREFERRED STOCK 382,293,422 384,456,742
PREFERRED STOCK OUTSTANDING 149,475,000 186,000,000
PER SHARE (COMMON STOCK) 7.87 7.93

* Net Investment Income is based on U.S. generally accepted accounting principles. Income distributions are determined in accordance with income tax regulations, which may differ from U.S. generally accepted accounting principles.

Contributing Sources