Dreyfus Strategic Municipal Bond Fund : Annual Report Now Available
January 30, 2015 at 01:26 am IST
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The annual report for Dreyfus Strategic Municipal Bond Fund, Inc.
(NYSE:DSM) for the annual period ended November 30, 2014 has been filed
with the Securities and Exchange Commission on Form N-CSR. A hard copy
of the report is mailed to shareholders of record and a copy of the
report is also available at www.dreyfus.com
and can be accessed at: http://www.dreyfus.com/closedendfund.
Upon request, shareholders may also obtain a hard copy of the report
free of charge by calling 1-800-334-6899.
BNY Mellon Strategic Municipal Bond Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. The Fund ordinarily invests all of its net assets in municipal obligations that provide income exempt from federal personal income tax, and has adopted a fundamental investment policy to invest, under normal market conditions, at least 80% of its net assets in municipal obligations. The Fund may purchase floating and variable rate obligations, municipal derivatives, such as custodial receipt programs created by financial intermediaries, tender option bonds, and participations in municipal obligations. The Fund invests in various industries, including transportation, education, medical, airport, water, power, utilities and multifamily housing. The Fund's investment adviser is BNY Mellon Investment Adviser, Inc.