485BPOS
2012-06-30
0000717341
2012-11-01
DREYFUS LAUREL TAX FREE MUNICIPAL FUNDS
false
2012-10-26
2012-11-01
The fund is non-diversified, which means that the fund may invest a relatively
high percentage of its assets in a limited number of issuers. Therefore, the
fund's performance may be more vulnerable to changes in the market value of a
single issuer or group of issuers and more susceptible to risks associated with
a single economic, political or regulatory occurrence than a diversified fund.
<div style="display:none">~ http://www.dreyfus.com/role/ExpenseExample_S000000323Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
<div style="display:none">~ http://www.dreyfus.com/role/BarChartData_S000000323Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
<tt>The fund seeks to provide a high level of current income exempt from federal,<br />New York state and New York city income taxes to the extent consistent with the<br />preservation of capital and the maintenance of liquidity.</tt>
<tt>The Example is intended to help you compare the cost of investing in the fund<br />with the cost of investing in other mutual funds. The Example assumes that you<br />invest $10,000 in the fund for the time periods indicated and then redeem all <br />of your shares at the end of those periods. The Example also assumes that your<br />investment has a 5% return each year and that the fund's operating expenses<br />remain the same. Although your actual costs may be higher or lower, based on<br />these assumptions your costs would be:</tt>
<tt>As a money market fund, the fund is subject to the maturity, quality, liquidity<br />and diversification requirements of Rule 2a-7 under the Investment Company Act<br />of 1940, as amended, which are designed to help money market funds maintain a<br />stable share price of $1.00. To pursue its goal, the fund normally invests<br />substantially all of its net assets in short-term, high quality municipal<br />obligations that provide income exempt from federal and New York state and New<br />York city income taxes. The fund also may invest in high quality short-term<br />structured notes, which are derivative instruments whose value is tied to<br />underlying municipal obligations.<br /> <br />Although the fund seeks to provide income exempt from federal and New York state<br />and New York city income taxes, income from some of the fund's holdings may be<br />subject to the federal alternative minimum tax. In addition, the fund may invest<br />temporarily in high quality, taxable money market instruments and/or municipal<br />obligations that pay income exempt only from federal income tax, including when<br />the portfolio manager believes acceptable New York municipal obligations are not<br />available for investment.</tt>
Fund Summary
Example
Investment Objective
The fund's past performance (before and after taxes) is no guarantee of future results.
Principal Risks
Shareholder Fees (charged if your account balance is less than $50,000)
Year-by-Year Total Returns as of 12/31 each year (%)
Performance
<tt>For the fund's current yield, call toll free 1-800-DREYFUS (inside the U.S. only).</tt>
The following bar chart and table provide some indication of the risks of investing in the fund.
<tt>Best Quarter                 <br />Q3, 2007: 0.83%              <br />Worst Quarter                <br />Q4, 2011: 0.00% <br />             <br />The fund's year-to-date total return as of 9/30/12 was 0.00%.</tt>
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Average Annual Total Returns as of 12/31/11
<tt>The bar chart shows changes in the performance of the fund's shares from year <br />to year.</tt>
Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.
<tt>An investment in the fund is not insured or guaranteed by the Federal Deposit<br />Insurance Corporation (FDIC) or any other government agency. Although the fund<br />seeks to preserve the value of your investment at $1.00 per share, it is<br />possible to lose money by investing in the fund.<br /> <br />The fund's yield will fluctuate as the short-term securities in its portfolio<br />mature and the proceeds are reinvested in securities with different interest<br />rates. Additionally, while the fund has maintained a constant share price since<br />inception, and will continue to try to do so, neither The Dreyfus Corporation<br />nor its affiliates are required to make a capital infusion, enter into a capital<br />support agreement or take other actions to prevent the fund's share price from<br />falling below $1.00. The following are the principal risks that could reduce the<br />fund's income level and/or share price:<br /> <br />o Interest rate risk. This risk refers to the decline in the prices of<br />fixed-income securities that may accompany a rise in the overall level of<br />interest rates. A sharp and unexpected rise in interest rates could cause a<br />money market fund's share price to drop below a dollar.<br /> <br />o Credit risk. Failure of an issuer to make timely interest or principal<br />payments, or a decline or perception of a decline in the credit quality of a<br />security, can cause the security's price to fall, potentially lowering the<br />fund's share price. Although the fund invests only in high quality debt<br />securities, any of the fund's holdings could have its credit rating downgraded<br />or could default. The credit quality of the securities held by the fund can<br />change rapidly in certain market environments, and the default of a single<br />holding could have the potential to cause significant deterioration of the<br />fund's net asset value.<br /> <br />o Liquidity risk. When there is little or no active trading market for specific<br />types of securities, it can become more difficult to sell the securities at or<br />near their perceived value. In such a market, the value of such securities may<br />fall dramatically, potentially lowering the fund's share price, even during<br />periods of declining interest rates. Also, during such periods, redemptions by a<br />few large investors in the fund may have a significant adverse effect on the<br />fund's net asset value and remaining fund shareholders.<br /> <br />o Tax risk. To be tax-exempt, municipal obligations generally must meet certain<br />regulatory requirements. If any such municipal obligation fails to meet these<br />regulatory requirements, the interest received by the fund from its investment<br />in such obligations and distributed to fund shareholders will be taxable.<br /> <br />o Structured notes risk. Structured notes, a type of derivative instrument, can<br />be volatile, and the possibility of default by the financial institution or<br />counterparty may be greater for these instruments than for other types of money<br />market instruments. Structured notes typically are purchased in privately<br />negotiated transactions from financial institutions and, thus, an active trading<br />market for such instruments may not exist.<br /> <br />o State-specific risk. The fund is subject to the risk that New York's economy,<br />and the revenues underlying its municipal obligations, may decline. Investing<br />primarily in a single state makes the fund more sensitive to risks specific to<br />the state and may magnify other risks.<br /> <br />o Non-diversification risk. The fund is non-diversified, which means that the<br />fund may invest a relatively high percentage of its assets in a limited number<br />of issuers. Therefore, the fund's performance may be more vulnerable to changes<br />in the market value of a single issuer or group of issuers and more susceptible<br />to risks associated with a single economic, political or regulatory occurrence<br />than a diversified fund.</tt>
Fees and Expenses
Principal Investment Strategy
www.dreyfus.com
<tt>The following bar chart and table provide some indication of the risks of<br />investing in the fund. The table shows the average annual total returns of <br />the fund's shares over time. The fund's past performance (before and after<br />taxes) is no guarantee of future results. More recent performance <br />information may be available at www.dreyfus.com.</tt>
<tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares of the fund.</tt>
<div style="display:none">~ http://www.dreyfus.com/role/OperatingExpensesData_S000000323Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
<div style="display:none">~ http://www.dreyfus.com/role/PerformanceTableData_S000000323Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
An investment in the fund is not insured or guaranteed by the Federal Deposit
Insurance Corporation (FDIC) or any other government agency.
<div style="display:none">~ http://www.dreyfus.com/role/ShareholderFeesData_S000000323Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
DNIXX
0.0103
Worst Quarter
Best Quarter
5.00
2012-09-30
5.00
46
2007-09-07
144
0.0000
0.0074
-0.0001
0.00
567
252
0.0327
0.0083
0.0000
0.0001
0.0205
0.0045
1996-05-08
2011-12-31
0.0040
0.0114
0.0195
The fund's year-to-date total return
0.00
0.0062
0.0131
0.0045
0.0046
0.0304
0.0000
5.00
2.00
The fund is non-diversified, which means that the fund may invest a relatively
high percentage of its assets in a limited number of issuers. Therefore, the
fund's performance may be more vulnerable to changes in the market value of a
single issuer or group of issuers and more susceptible to risks associated with
a single economic, political or regulatory occurrence than a diversified fund.
<div style="display:none">~ http://www.dreyfus.com/role/ExpenseExample_S000000322Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
<div style="display:none">~ http://www.dreyfus.com/role/BarChartData_S000000322Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
<tt>The fund seeks to provide a high level of current income exempt from federal and<br />Massachusetts state income taxes to the extent consistent with the preservation<br />of capital and the maintenance of liquidity.</tt>
<tt>The Example is intended to help you compare the cost of investing in the fund<br />with the cost of investing in other mutual funds. The Example assumes that you<br />invest $10,000 in the fund for the time periods indicated and then redeem all <br />of your shares at the end of those periods. The Example also assumes that your<br />investment has a 5% return each year and that the fund's operating expenses<br />remain the same. Although your actual costs may be higher or lower, based on<br />these assumptions your costs would be:</tt>
<tt>As a money market fund, the fund is subject to the maturity, quality, liquidity<br />and diversification requirements of Rule 2a-7 under the Investment Company Act<br />of 1940, as amended, which are designed to help money market funds maintain a<br />stable share price of $1.00. To pursue its goal, the fund normally invests<br />substantially all of its net assets in short-term, high quality municipal<br />obligations that provide income exempt from federal and Massachusetts state<br />income taxes. The fund also may invest in high quality short-term structured<br />notes, which are derivative instruments whose value is tied to underlying<br />municipal obligations.<br /> <br />Although the fund seeks to provide income exempt from federal and Massachusetts<br />state income taxes, income from some of the fund's holdings may be subject to<br />the federal alternative minimum tax. In addition, the fund may invest<br />temporarily in high quality, taxable money market instruments and/or municipal<br />obligations that pay income exempt only from federal income tax, including when<br />the portfolio manager believes acceptable Massachusetts municipal obligations<br />are not available for investment.</tt>
Fund Summary
Example
Investment Objective
The fund's past performance (before and after taxes) is no guarantee of future results.
Principal Risks
Shareholder Fees (charged if your account balance is less than $50,000)
Year-by-Year Total Returns as of 12/31 each year (%)
Performance
<tt>For the fund's current yield, call toll free 1-800-DREYFUS (inside the U.S. only).</tt>
The following bar chart and table provide some indication of the risks of investing in the fund.
<tt>Best Quarter                 <br />Q2, 2007: 0.83%              <br />Worst Quarter                <br />Q4, 2011: 0.00%              <br /><br />The fund's year-to-date total return as of 9/30/12 was 0.00%.</tt>
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Average Annual Total Returns as of 12/31/11
<tt>The bar chart shows changes in the performance of the fund's shares from year <br />to year.</tt>
Although the fund seeks to preserve the value of your investment at $1.00 per
share, it is possible to lose money by investing in the fund.
<tt>An investment in the fund is not insured or guaranteed by the Federal Deposit<br />Insurance Corporation (FDIC) or any other government agency. Although the fund<br />seeks to preserve the value of your investment at $1.00 per share, it is<br />possible to lose money by investing in the fund.<br /> <br />The fund's yield will fluctuate as the short-term securities in its portfolio<br />mature and the proceeds are reinvested in securities with different interest<br />rates. Additionally, while the fund has maintained a constant share price since<br />inception, and will continue to try to do so, neither The Dreyfus Corporation<br />nor its affiliates are required to make a capital infusion, enter into a capital<br />support agreement or take other actions to prevent the fund's share price from<br />falling below $1.00. The following are the principal risks that could reduce the<br />fund's income level and/or share price:<br /> <br />o Interest rate risk. This risk refers to the decline in the prices of<br />fixed-income securities that may accompany a rise in the overall level of<br />interest rates. A sharp and unexpected rise in interest rates could cause a<br />money market fund's share price to drop below a dollar.<br /> <br />o Credit risk. Failure of an issuer to make timely interest or principal<br />payments, or a decline or perception of a decline in the credit quality of a<br />security, can cause the security's price to fall, potentially lowering the<br />fund's share price. Although the fund invests only in high quality debt<br />securities, any of the fund's holdings could have its credit rating downgraded<br />or could default. The credit quality of the securities held by the fund can<br />change rapidly in certain market environments, and the default of a single<br />holding could have the potential to cause significant deterioration of the<br />fund's net asset value.<br /> <br />o Liquidity risk. When there is little or no active trading market for specific<br />types of securities, it can become more difficult to sell the securities at or<br />near their perceived value. In such a market, the value of such securities may<br />fall dramatically, potentially lowering the fund's share price, even during<br />periods of declining interest rates. Also, during such periods, redemptions by a<br />few large investors in the fund may have a significant adverse effect on the<br />fund's net asset value and remaining fund shareholders.<br /> <br />o Tax risk. To be tax-exempt, municipal obligations generally must meet certain<br />regulatory requirements. If any such municipal obligation fails to meet these<br />regulatory requirements, the interest received by the fund from its investment<br />in such obligations and distributed to fund shareholders will be taxable.<br /> <br />o Structured notes risk. Structured notes, a type of derivative instrument, can<br />be volatile, and the possibility of default by the financial institution or<br />counterparty may be greater for these instruments than for other types of money<br />market instruments. Structured notes typically are purchased in privately<br />negotiated transactions from financial institutions and, thus, an active trading<br />market for such instruments may not exist.<br /> <br />o State-specific risk. The fund is subject to the risk that Massachusetts'<br />economy, and the revenues underlying its municipal obligations, may decline.<br />Investing primarily in a single state makes the fund more sensitive to risks<br />specific to the state and may magnify other risks.<br /> <br />o Non-diversification risk. The fund is non-diversified, which means that the<br />fund may invest a relatively high percentage of its assets in a limited number<br />of issuers. Therefore, the fund's performance may be more vulnerable to changes<br />in the market value of a single issuer or group of issuers and more susceptible<br />to risks associated with a single economic, political or regulatory occurrence<br />than a diversified fund.</tt>
Fees and Expenses
Principal Investment Strategy
www.dreyfus.com
<tt>The following bar chart and table provide some indication of the risks of<br />investing in the fund. The table shows the average annual total returns of <br />the fund's shares over time. The fund's past performance (before and after<br />taxes) is no guarantee of future results. More recent performance <br />information may be available at www.dreyfus.com.</tt>
<tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares of the fund.</tt>
<div style="display:none">~ http://www.dreyfus.com/role/OperatingExpensesData_S000000322Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
<div style="display:none">~ http://www.dreyfus.com/role/PerformanceTableData_S000000322Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
An investment in the fund is not insured or guaranteed by the Federal Deposit
Insurance Corporation (FDIC) or any other government agency.
<div style="display:none">~ http://www.dreyfus.com/role/ShareholderFeesData_S000000322Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
DMRXX
0.0103
Worst Quarter
Best Quarter
5.00
2012-09-30
5.00
46
2007-06-30
144
0.0000
0.0074
-0.0001
0.00
567
252
0.0323
0.0083
0.0000
0.0001
0.0186
0.0045
1996-05-08
2011-12-31
0.0010
0.0103
0.0196
The fund's year-to-date total return
0.00
0.0062
0.0124
0.0045
0.0046
0.0297
0.0000
5.00
2.00
The fund is non-diversified, which means that the fund may invest a relatively
high percentage of its assets in a limited number of issuers. Therefore, the
fund's performance may be more vulnerable to changes in the market value of a
single issuer or group of issuers and more susceptible to risks associated with
a single economic, political or regulatory occurrence than a diversified fund.
<div style="display:none">~ http://www.dreyfus.com/role/ExpenseExample_S000000321Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
<div style="display:none">~ http://www.dreyfus.com/role/BarChartData_S000000321Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
<tt>The fund seeks to provide a high level of current income exempt from federal and<br />California state income taxes to the extent consistent with the preservation of<br />capital and the maintenance of liquidity.</tt>
<tt>The Example is intended to help you compare the cost of investing in the fund<br />with the cost of investing in other mutual funds. The Example assumes that you<br />invest $10,000 in the fund for the time periods indicated and then redeem all <br />of your shares at the end of those periods. The Example also assumes that your<br />investment has a 5% return each year and that the fund's operating expenses<br />remain the same. Although your actual costs may be higher or lower, based on<br />these assumptions your costs would be:</tt>
<tt>As a money market fund, the fund is subject to the maturity, quality, liquidity<br />and diversification requirements of Rule 2a-7 under the Investment Company Act<br />of 1940, as amended, which are designed to help money market funds maintain a<br />stable share price of $1.00. To pursue its goal, the fund normally invests<br />substantially all of its net assets in short-term, high quality municipal<br />obligations that provide income exempt from federal and California state income<br />taxes. The fund also may invest in high quality short-term structured notes,<br />which are derivative instruments whose value is tied to underlying municipal<br />obligations.<br /> <br />Although the fund seeks to provide income exempt from federal and California<br />state income taxes, income from some of the fund's holdings may be subject to<br />the federal alternative minimum tax. In addition, the fund may invest<br />temporarily in high quality, taxable money market instruments and/or municipal<br />obligations that pay income exempt only from federal income tax, including when<br />the portfolio manager believes acceptable California municipal obligations are<br />not available for investment.</tt>
Fund Summary
Example
Investment Objective
The fund's past performance (before and after taxes) is no guarantee of future results.
Principal Risks
Shareholder Fees (charged if your account balance is less than $50,000)
Year-by-Year Total Returns as of 12/31 each year (%)
Performance
<tt>For the fund's current yield, call toll free 1-800-DREYFUS (inside the U.S. only).</tt>
The following bar chart and table provide some indication of the risks of investing in the fund.
<tt>Best Quarter                 <br />Q3, 2007: 0.83%              <br />Worst Quarter                <br />Q3, 2011: 0.00%              <br /><br />The fund's year-to-date total return as of 9/30/12 was 0.00%.</tt>
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Average Annual Total Returns as of 12/31/11
<tt>The bar chart shows changes in the performance of the fund's shares from year <br />to year.</tt>
Although the fund seeks to preserve the value of your investment at $1.00 per share,
it is possible to lose money by investing in the fund.
<tt>An investment in the fund is not insured or guaranteed by the Federal Deposit<br />Insurance Corporation (FDIC) or any other government agency. Although the fund<br />seeks to preserve the value of your investment at $1.00 per share, it is<br />possible to lose money by investing in the fund.<br /> <br />The fund's yield will fluctuate as the short-term securities in its portfolio<br />mature and the proceeds are reinvested in securities with different interest<br />rates. Additionally, while the fund has maintained a constant share price since<br />inception, and will continue to try to do so, neither The Dreyfus Corporation<br />nor its affiliates are required to make a capital infusion, enter into a capital<br />support agreement or take other actions to prevent the fund's share price from<br />falling below $1.00. The following are the principal risks that could reduce the<br />fund's income level and/or share price:<br /> <br />o Interest rate risk. This risk refers to the decline in the prices of<br />fixed-income securities that may accompany a rise in the overall level of<br />interest rates. A sharp and unexpected rise in interest rates could cause a<br />money market fund's share price to drop below a dollar.<br /> <br />o Credit risk. Failure of an issuer to make timely interest or principal<br />payments, or a decline or perception of a decline in the credit quality of a<br />security, can cause the security's price to fall, potentially lowering the<br />fund's share price. Although the fund invests only in high quality debt<br />securities, any of the fund's holdings could have its credit rating downgraded<br />or could default. The credit quality of the securities held by the fund can<br />change rapidly in certain market environments, and the default of a single<br />holding could have the potential to cause significant deterioration of the<br />fund's net asset value.<br /> <br />o Liquidity risk. When there is little or no active trading market for specific<br />types of securities, it can become more difficult to sell the securities at or<br />near their perceived value. In such a market, the value of such securities may<br />fall dramatically, potentially lowering the fund's share price, even during<br />periods of declining interest rates. Also, during such periods, redemptions by a<br />few large investors in the fund may have a significant adverse effect on the<br />fund's net asset value and remaining fund shareholders.<br /> <br />o Tax risk. To be tax-exempt, municipal obligations generally must meet certain<br />regulatory requirements. If any such municipal obligation fails to meet these<br />regulatory requirements, the interest received by the fund from its investment<br />in such obligations and distributed to fund shareholders will be taxable.<br /> <br />o Structured notes risk. Structured notes, a type of derivative instrument, can<br />be volatile, and the possibility of default by the financial institution or<br />counterparty may be greater for these instruments than for other types of money<br />market instruments. Structured notes typically are purchased in privately<br />negotiated transactions from financial institutions and, thus, an active trading<br />market for such instruments may not exist.<br /> <br />o State-specific risk. The fund is subject to the risk that California's<br />economy, and the revenues underlying its municipal obligations, may decline.<br />Investing primarily in a single state makes the fund more sensitive to risks<br />specific to the state and may magnify other risks.<br /> <br />o Non-diversification risk. The fund is non-diversified, which means that the<br />fund may invest a relatively high percentage of its assets in a limited number<br />of issuers. Therefore, the fund's performance may be more vulnerable to changes<br />in the market value of a single issuer or group of issuers and more susceptible<br />to risks associated with a single economic, political or regulatory occurrence<br />than a diversified fund.</tt>
Fees and Expenses
Principal Investment Strategy
www.dreyfus.com
<tt>The following bar chart and table provide some indication of the risks of<br />investing in the fund. The table shows the average annual total returns of <br />the fund's shares over time. The fund's past performance (before and after <br />taxes) is no guarantee of future results. More recent performance <br />information may be available at www.dreyfus.com.</tt>
<tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares of the fund.</tt>
<div style="display:none">~ http://www.dreyfus.com/role/OperatingExpensesData_S000000321Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
<div style="display:none">~ http://www.dreyfus.com/role/PerformanceTableData_S000000321Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
An investment in the fund is not insured or guaranteed by the Federal Deposit
Insurance Corporation (FDIC) or any other government agency.
<div style="display:none">~ http://www.dreyfus.com/role/ShareholderFeesData_S000000321Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div>
DCLXX
0.01
Worst Quarter
Best Quarter
5.00
2012-09-30
5.00
46
2007-09-30
144
0.0000
0.0075
-0.0001
0.0001
567
252
0.0326
0.0083
0.0000
0.0001
0.0195
0.0045
1996-05-08
2011-09-30
0.0021
0.0107
0.0195
The fund's year-to-date total return
0.00
0.0060
0.0126
0.0045
0.0046
0.0299
0.0000
5.00
2.00
0000717341
ck0000717341:SummaryS000000321Memberck0000717341:S000000321Memberck0000717341:C000000800Member
2012-11-01
2012-11-01
0000717341
ck0000717341:SummaryS000000321Memberck0000717341:S000000321Member
2012-11-01
2012-11-01
0000717341
ck0000717341:SummaryS000000322Memberck0000717341:S000000322Memberck0000717341:C000000801Member
2012-11-01
2012-11-01
0000717341
ck0000717341:SummaryS000000322Memberck0000717341:S000000322Member
2012-11-01
2012-11-01
0000717341
ck0000717341:SummaryS000000323Memberck0000717341:S000000323Memberck0000717341:C000000802Member
2012-11-01
2012-11-01
0000717341
ck0000717341:SummaryS000000323Memberck0000717341:S000000323Member
2012-11-01
2012-11-01
0000717341
2012-11-01
2012-11-01
pure
iso4217:USD
Shareholder transaction fees are not charged if you have been a fund shareholder since May 8, 1996.
The Dreyfus Corporation has agreed to pay all of the fund's expenses, except management fees and certain other expenses, including the fees and expenses of the non-interested board members and their counsel. The Dreyfus Corporation has agreed to reduce its fees in an amount equal to the fund's allocable portion of the fees and expenses of the non-interested board members and their counsel (in the amount of 0.01% for the past fiscal year).
The Dreyfus Corporation has agreed to pay all of the fund's expenses, except management fees and certain other expenses, including the fees and expenses of the non-interested board members and their counsel. The Dreyfus Corporation has agreed to reduce its fees in an amount equal to the fund's allocable portion of the fees and expenses of the non-interested board members and their counsel (in the amount of 0.01% for the past fiscal year).