Dreyfus Shrt-Interm Muni Bond D  DSIBX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Muni National Short Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
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   Avg Duration
   2.25 Yrs
   Avg Credit Quality
   AA
As of 2009-09-30
Day Change
$ 0.00
  
NAV (2009-11-20)
$ 13.10
  
YTD Return % (2009-11-20)
6.55%
  
Total Assets ($ mil)
497
View Data Definitions
  Performance    
Growth of $10,000 Fund: Dreyfus Shrt-Interm Muni Bond D
(from 1999-01-01 to 2009-10-31) Category: Muni National Short
Index: BarCap Municipal TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1987-04-30 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 6.55 6.74 4.37 3.42 3.32 4.46
+/- Category 1.75 1.39 1.32 0.79 -0.16 ---
+/- BarCap Municipal TR USD -5.59 -4.93 0.12 -0.94 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 6.18 6.85 4.42 3.33 3.38 4.50
Month-End (as of 2009-10-31) 5.71 6.42 4.18 3.22 3.32 4.46
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 6.42 4.18 3.21 3.32 ---
On Distribution & Sale of Shares --- 5.21 4.02 3.16 3.30 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 123 funds), (5 yrs : out of 117 funds), (10 yrs : out of 64 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
General Obligations 8.68
Advance Refunded ---
State Appropriated Tobacco ---
Non-state Appropriated Tobacco 7.19
Education 4.86
Health 4.16
Housing 2.85
Industrial 5.12
Transportation 8.07
Utilities 3.73
Water/Sewer 2.32
Misc. Revenue 53.03
Bond Quality % of Bonds
AAA 34.0
AA 32.6
A 21.2
BBB 10.5
BB 0.0
B 0.3
Below B 0.0
Not Rated 1.4
 
Asset Allocation
% of Net Assets
Cash 4.4
Stocks 0.0
Bonds 95.6
Other 0.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings Turnover % 37
Total Number of Bond Holdings 136 30 Day SEC Yield % 1.30
% of Assets in Top 10 Holdings 18.49 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
South Carolina Transn Infrastr Rev Re 5% 2013-10-01 10,000 11,299 2.80
Ma St Hlth & Edl Facs 2034-08-15 10,600 10,600 2.63
MASS. ST WTR RES AUTH. 2020-08-01 9,000 9,000 2.23
Tobacco Settlement Fing Corp N Asset 6% 2037-06-01 7,250 8,186 2.03
Tulsa Cnty Okla Indl Auth 5% 2014-05-15 6,000 6,668 1.65
Badger Tob Asset Securitizatio Asset- 6% 2017-06-01 5,670 6,350 1.57
Philadelphia Pa. Hosps. 2031-07-01 5,850 5,850 1.45
District Columbia Income Tax R Rev Re 5% 2013-12-01 5,000 5,716 1.42
Indiana Cnty Pa Indl Dev Auth 5.35% 2010-11-01 5,350 5,573 1.38
Puerto Rico Comwlth Infrastruc Spec 5.5% 2014-07-01 5,000 5,375 1.33
Data through 2009-09-30
  Other Information
Fund Inception: 1987-04-30
Portfolio Manager  (Start Date)
James Welch  (2009-11-02)
Welch is a portfolio manager with Dreyfus Corporation, his employer since October 2001. Prior to joining Dreyfus he was senior vice president with Back Bay Advisors, his employer since March 1993. Previously, he spent five years with Putnam Management Company, where he served as vice president and portfolio manager.
Thomas C. Casey  (2009-04-01)
Tom is a Portfolio Manager for Tax Sensitive Strategies, focusing on managing high net worth and third party relationships. Previously, he worked for a number of years as a municipal bond portfolio analyst and trader in the municipal group. He joined the company in 1993 from State Street Bank & Trust Company.
Sales Charge %
(taken from prospectus dated 2009-09-30)
Front: None
Deferred: None
Expense Ratio % 0.77
based on net assets
(taken from annual report dated 2009-03-31)
Correspondence Information
200 Park Ave - 8th Fl
C/O Dreyfus Corp
New York,  NY  10166
United States
Telephone:
800-645-6561
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.