Dreyfus Closed-End Municipal Bond Funds Announce Partial Redemptions of Auction Rate Preferred Securities
08 August 2013 - 4:20AM
Business Wire
Each of Dreyfus Municipal Income, Inc. (NYX:DMF), Dreyfus
Strategic Municipal Bond Fund, Inc. (NYSE: DSM) and Dreyfus
Strategic Municipals, Inc. (NYSE: 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).* The Board of each Fund
previously had authorized the redemption of up to 25% of its
outstanding ARPS.
DMF is redeeming $10 million of its currently outstanding $100
million of ARPS.
Series
Cusip#
Total SharesRedeemed
Total AmountRedeemed
RedemptionDate
A 26201R201 200 $5,000,000 March 10, 2010 B 26201R300 200
$5,000,000 March 12, 2010
DSM is redeeming $5.1 million of its currently outstanding $186
million of ARPS.
Series
Cusip#
Total SharesRedeemed
Total AmountRedeemed
RedemptionDate
A 26202F206 68 $1,700,000 March 9, 2010 B 26202F305 68 $1,700,000
March 11, 2010 C 26202F404 68 $1,700,000 March 8, 2010
LEO is redeeming $11.5 million of its currently outstanding $285
million of ARPS.
Series
Cusip#
Total SharesRedeemed
Total AmountRedeemed
RedemptionDate
M 261932206 92 $2,300,000 March 9, 2010 T 261932305 92 $2,300,000
March 10, 2010 W 261932404 92 $2,300,000 March 11, 2010 TH
261932503 92 $2,300,000 March 12, 2010 F 261932602 92 $2,300,000
March 8, 2010
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 Depository Trust Company using a
predetermined methodology, and each broker-dealer will allocate the
redeemed shares to the underlying beneficial owners according to
its own procedures.
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