-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Fjbj+M8v15H39A27Z3qi5Tes/yAeiPStuU3gCrDIRICeWch5z3wL6j2zaCe/V1Op coUwXeSuvMmFWBkaeK2UmA== 0001056707-05-000003.txt : 20050223 0001056707-05-000003.hdr.sgml : 20050223 20050223111218 ACCESSION NUMBER: 0001056707-05-000003 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20041231 FILED AS OF DATE: 20050223 DATE AS OF CHANGE: 20050223 EFFECTIVENESS DATE: 20050223 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DREYFUS INVESTMENT PORTFOLIOS CENTRAL INDEX KEY: 0001056707 IRS NUMBER: 134000024 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-08673 FILM NUMBER: 05633209 BUSINESS ADDRESS: STREET 1: C/O THE DREYFUS CORPORATION STREET 2: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166 BUSINESS PHONE: 2129226789 MAIL ADDRESS: STREET 1: C/O THE DREYFUS CORPORATION STREET 2: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166 NSAR-B 1 answer.fil ANNUAL REPORT PAGE 1 000 B000000 12/31/2004 000 C000000 0001056707 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 U 001 A000000 DREYFUS INVESTMENT PORTFOLIOS 001 B000000 811-08673 001 C000000 2129226883 002 A000000 200 PARK AVENUE 002 B000000 NEW YORK 002 C000000 NY 002 D010000 10166 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 9 007 C010100 1 007 C020100 CORE VALUE PORTFOLIO 007 C030100 N 007 C010200 2 007 C020200 MIDCAP STOCK PORTFOLIO 007 C030200 N 007 C010300 3 007 C020300 FOUNDERS GROWTH PORTFOLIO 007 C030300 N 007 C010400 4 007 C020400 FOUNDERS INTERNATIONAL EQUITY PORTFOLIO 007 C030400 N 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C020800 TECHNOLOGY GROWTH PORTFOLIO 007 C030800 N 007 C010900 9 007 C020900 EMERGING LEADERS PORTFOLIO 007 C030900 N 007 C011000 10 018 00AA00 Y 019 A00AA00 Y 019 B00AA00 201 019 C00AA00 DREYFUSFAM 020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 020 B000001 13-5674085 020 C000001 167 PAGE 2 020 A000002 MORGAN STANLEY DEAN WITTER & CO. 020 B000002 13-2655998 020 C000002 120 020 A000003 WEEDEN & CO. L.P. 020 B000003 13-3364318 020 C000003 99 020 A000004 J.P. MORGAN CHASE & CO. 020 B000004 13-3224016 020 C000004 82 020 A000005 LEHMAN BROTHERS INC. 020 B000005 13-2518466 020 C000005 78 020 A000006 SPEAR, LEEDS & KELLOGG 020 B000006 13-5515160 020 C000006 75 020 A000007 CAPITAL INSTITUTIONAL SERVICES, INC. 020 B000007 75-1565705 020 C000007 70 020 A000008 BEAR, STEARNS & CO. INC. 020 B000008 13-3299429 020 C000008 69 020 A000009 CITIGROUP GLOBAL MARKETS INC. 020 B000009 11-2418191 020 C000009 62 020 A000010 GOLDMAN, SACHS & CO. 020 B000010 13-5108880 020 C000010 61 021 000000 1965 022 A000001 RBS GREENWICH CAPITAL 022 B000001 13-3172275 022 C000001 2899279 022 D000001 13481 022 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 022 B000002 13-5674085 022 C000002 333463 022 D000002 145350 022 A000003 HSBC SECURITIES (USA) INC. 022 B000003 13-2650272 022 C000003 296746 022 D000003 13566 022 A000004 BARCLAY INVESTMENTS, INC. 022 B000004 05-0346412 022 C000004 142909 022 D000004 135600 022 A000005 CREDIT SUISSE FIRST BOSTON CORPORATION 022 B000005 13-5659485 022 C000005 219642 022 D000005 32354 022 A000006 LEHMAN BROTHERS INC. 022 B000006 13-2518466 022 C000006 158301 PAGE 3 022 D000006 16126 022 A000007 GOLDMAN, SACHS & CO. 022 B000007 13-5108880 022 C000007 109985 022 D000007 39545 022 A000008 MORGAN STANLEY 022 B000008 13-2655998 022 C000008 87275 022 D000008 13580 022 A000009 CITIGROUP GLOBAL MARKETS INC. 022 B000009 11-2418191 022 C000009 77187 022 D000009 7637 022 A000010 BANC OF AMERICA SECURITIES LLC 022 B000010 56-2058405 022 C000010 35634 022 D000010 34304 023 C000000 4575967 023 D000000 642653 026 A000000 N 026 B000000 Y 026 C000000 N 026 D000000 Y 026 E000000 N 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 Y 027 000000 Y 029 00AA00 N 030 A00AA00 0 030 B00AA00 0.00 030 C00AA00 0.00 031 A00AA00 0 031 B00AA00 0 032 00AA00 0 033 00AA00 0 034 00AA00 N 035 00AA00 0 036 B00AA00 0 037 00AA00 N 038 00AA00 0 039 00AA00 N 040 00AA00 Y 041 00AA00 Y 054 A00AA00 Y 054 B00AA00 Y 054 C00AA00 Y 054 D00AA00 N 054 E00AA00 N 054 F00AA00 N PAGE 4 054 G00AA00 Y 054 H00AA00 N 054 I00AA00 N 054 J00AA00 Y 054 K00AA00 N 054 L00AA00 Y 054 M00AA00 Y 054 N00AA00 N 054 O00AA00 Y 058 A00AA00 N 059 00AA00 Y 060 A00AA00 Y 060 B00AA00 Y 061 00AA00 0 077 A000000 Y 077 B000000 Y 077 E000000 Y 080 A00AA00 VIGILANT INSURANCE COMPANY 080 B00AA00 TRAVELERS CASUALTY AND SURETY COMPANY 080 C00AA00 125000 081 A00AA00 Y 081 B00AA00 200 082 A00AA00 N 082 B00AA00 0 083 A00AA00 N 083 B00AA00 0 084 A00AA00 N 084 B00AA00 0 085 A00AA00 Y 085 B00AA00 N 015 A000101 MELLON BANK, N.A. 015 B000101 C 015 C010101 PITTSBURGH 015 C020101 PA 015 C030101 15258 015 E030101 X 024 000100 Y 025 A000101 MORGAN STANLEY 025 B000101 13-2655998 025 C000101 E 025 D000101 1893 025 A000102 GOLDMAN, SACHS & CO. 025 B000102 13-5108880 025 C000102 E 025 D000102 1561 025 A000103 BANC OF AMERICA SECURITIES LLC 025 B000103 56-2058405 025 C000103 E 025 D000103 2571 025 A000104 CITIGROUP GLOBAL MARKETS INC. 025 B000104 11-2418191 PAGE 5 025 C000104 E 025 D000104 2886 025 A000105 J.P. MORGAN CHASE & CO. 025 B000105 13-3224016 025 C000105 E 025 D000105 2177 025 A000106 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 025 B000106 13-5674085 025 C000106 E 025 D000106 1177 025 A000107 DELETE 025 D000107 0 025 D000108 0 028 A010100 446 028 A020100 0 028 A030100 0 028 A040100 520 028 B010100 234 028 B020100 0 028 B030100 0 028 B040100 1033 028 C010100 228 028 C020100 0 028 C030100 0 028 C040100 1313 028 D010100 370 028 D020100 0 028 D030100 0 028 D040100 970 028 E010100 157 028 E020100 0 028 E030100 0 028 E040100 1340 028 F010100 272 028 F020100 550 028 F030100 0 028 F040100 890 028 G010100 1707 028 G020100 550 028 G030100 0 028 G040100 6066 028 H000100 0 042 A000100 0 042 B000100 0 042 C000100 100 042 D000100 0 042 E000100 0 042 F000100 0 042 G000100 0 042 H000100 0 043 000100 106 PAGE 6 044 000100 0 045 000100 Y 046 000100 N 047 000100 Y 048 000100 0.750 048 A010100 0 048 A020100 0.000 048 B010100 0 048 B020100 0.000 048 C010100 0 048 C020100 0.000 048 D010100 0 048 D020100 0.000 048 E010100 0 048 E020100 0.000 048 F010100 0 048 F020100 0.000 048 G010100 0 048 G020100 0.000 048 H010100 0 048 H020100 0.000 048 I010100 0 048 I020100 0.000 048 J010100 0 048 J020100 0.000 048 K010100 0 048 K020100 0.000 049 000100 N 050 000100 N 051 000100 N 052 000100 N 053 A000100 Y 053 B000100 Y 053 C000100 N 055 A000100 N 055 B000100 Y 056 000100 N 057 000100 N 062 A000100 N 062 B000100 0.0 062 C000100 0.0 062 D000100 0.0 062 E000100 0.0 062 F000100 0.0 062 G000100 0.0 062 H000100 0.0 062 I000100 0.0 062 J000100 0.0 062 K000100 0.0 062 L000100 0.0 062 M000100 0.0 PAGE 7 062 N000100 0.0 062 O000100 0.0 062 P000100 0.0 062 Q000100 0.0 062 R000100 0.0 066 A000100 Y 066 B000100 N 066 C000100 Y 066 D000100 N 066 E000100 N 066 F000100 N 066 G000100 N 067 000100 N 068 A000100 N 068 B000100 N 069 000100 N 070 A010100 Y 070 A020100 N 070 B010100 Y 070 B020100 N 070 C010100 N 070 C020100 N 070 D010100 Y 070 D020100 N 070 E010100 Y 070 E020100 N 070 F010100 Y 070 F020100 N 070 G010100 N 070 G020100 N 070 H010100 N 070 H020100 N 070 I010100 Y 070 I020100 N 070 J010100 Y 070 J020100 N 070 K010100 Y 070 K020100 Y 070 L010100 Y 070 L020100 Y 070 M010100 Y 070 M020100 N 070 N010100 Y 070 N020100 Y 070 O010100 Y 070 O020100 Y 070 P010100 Y 070 P020100 N 070 Q010100 N 070 Q020100 N 070 R010100 N PAGE 8 070 R020100 N 071 A000100 57181 071 B000100 60722 071 C000100 75046 071 D000100 76 072 A000100 12 072 B000100 17 072 C000100 1506 072 D000100 0 072 E000100 0 072 F000100 571 072 G000100 0 072 H000100 0 072 I000100 1 072 J000100 13 072 K000100 0 072 L000100 22 072 M000100 3 072 N000100 0 072 O000100 1 072 P000100 0 072 Q000100 0 072 R000100 36 072 S000100 3 072 T000100 106 072 U000100 0 072 V000100 0 072 W000100 1 072 X000100 757 072 Y000100 44 072 Z000100 810 072AA000100 8855 072BB000100 2307 072CC010100 909 072CC020100 0 072DD010100 426 072DD020100 417 072EE000100 0 073 A010100 0.1862 073 A020100 0.1458 073 B000100 0.0000 073 C000100 0.0000 074 A000100 148 074 B000100 0 074 C000100 450 074 D000100 0 074 E000100 0 074 F000100 78129 074 G000100 0 074 H000100 0 074 I000100 1012 PAGE 9 074 J000100 340 074 K000100 0 074 L000100 108 074 M000100 2 074 N000100 80189 074 O000100 150 074 P000100 58 074 Q000100 0 074 R010100 0 074 R020100 0 074 R030100 0 074 R040100 1075 074 S000100 0 074 T000100 78906 074 U010100 2310 074 U020100 2771 074 V010100 15.52 074 V020100 15.54 074 W000100 0.0000 074 X000100 7 074 Y000100 0 075 A000100 0 075 B000100 33653 076 000100 0.00 015 A000201 MELLON BANK, N.A. 015 B000201 C 015 C010201 PITTSBURGH 015 C020201 PA 015 C030201 15258 015 E030201 X 024 000200 Y 025 A000201 RBS GREENWICH CAPITAL 025 B000201 13-3172275 025 C000201 D 025 D000201 7300 025 A000202 BEAR, STEARNS & CO. INC. 025 B000202 13-3299429 025 C000202 E 025 D000202 2834 025 D000203 0 025 D000204 0 025 D000205 0 025 D000206 0 025 D000207 0 025 D000208 0 028 A010200 5637 028 A020200 0 028 A030200 0 028 A040200 3887 028 B010200 5034 028 B020200 0 PAGE 10 028 B030200 0 028 B040200 3513 028 C010200 3800 028 C020200 0 028 C030200 0 028 C040200 2792 028 D010200 4206 028 D020200 0 028 D030200 0 028 D040200 5330 028 E010200 4403 028 E020200 0 028 E030200 0 028 E040200 4009 028 F010200 3812 028 F020200 11279 028 F030200 0 028 F040200 5875 028 G010200 26892 028 G020200 11279 028 G030200 0 028 G040200 25406 028 H000200 0 042 A000200 0 042 B000200 0 042 C000200 100 042 D000200 0 042 E000200 0 042 F000200 0 042 G000200 0 042 H000200 0 043 000200 174 044 000200 0 045 000200 Y 046 000200 N 047 000200 Y 048 000200 0.750 048 A010200 0 048 A020200 0.000 048 B010200 0 048 B020200 0.000 048 C010200 0 048 C020200 0.000 048 D010200 0 048 D020200 0.000 048 E010200 0 048 E020200 0.000 048 F010200 0 048 F020200 0.000 048 G010200 0 048 G020200 0.000 PAGE 11 048 H010200 0 048 H020200 0.000 048 I010200 0 048 I020200 0.000 048 J010200 0 048 J020200 0.000 048 K010200 0 048 K020200 0.000 049 000200 N 050 000200 N 051 000200 N 052 000200 N 053 A000200 Y 053 B000200 Y 053 C000200 N 055 A000200 N 055 B000200 N 056 000200 N 057 000200 N 062 A000200 N 062 B000200 0.0 062 C000200 0.0 062 D000200 0.0 062 E000200 0.0 062 F000200 0.0 062 G000200 0.0 062 H000200 0.0 062 I000200 0.0 062 J000200 0.0 062 K000200 0.0 062 L000200 0.0 062 M000200 0.0 062 N000200 0.0 062 O000200 0.0 062 P000200 0.0 062 Q000200 0.0 062 R000200 0.0 066 A000200 Y 066 B000200 N 066 C000200 N 066 D000200 N 066 E000200 N 066 G000200 Y 067 000200 N 068 A000200 N 068 B000200 N 069 000200 N 070 A010200 Y 070 A020200 Y 070 B010200 Y 070 B020200 N PAGE 12 070 C010200 N 070 C020200 N 070 D010200 Y 070 D020200 N 070 E010200 Y 070 E020200 N 070 F010200 Y 070 F020200 N 070 G010200 N 070 G020200 N 070 H010200 N 070 H020200 N 070 I010200 N 070 I020200 N 070 J010200 Y 070 J020200 N 070 K010200 Y 070 K020200 Y 070 L010200 Y 070 L020200 N 070 M010200 Y 070 M020200 N 070 N010200 Y 070 N020200 Y 070 O010200 Y 070 O020200 N 070 P010200 Y 070 P020200 N 070 Q010200 N 070 Q020200 N 070 R010200 N 070 R020200 N 071 A000200 313507 071 B000200 298061 071 C000200 373739 071 D000200 80 072 A000200 12 072 B000200 143 072 C000200 4480 072 D000200 0 072 E000200 0 072 F000200 2860 072 G000200 0 072 H000200 0 072 I000200 8 072 J000200 39 072 K000200 0 072 L000200 21 072 M000200 16 072 N000200 0 072 O000200 1 PAGE 13 072 P000200 0 072 Q000200 0 072 R000200 31 072 S000200 13 072 T000200 174 072 U000200 0 072 V000200 0 072 W000200 1 072 X000200 3164 072 Y000200 24 072 Z000200 1483 072AA000200 53784 072BB000200 18472 072CC010200 16977 072CC020200 0 072DD010200 1247 072DD020200 141 072EE000200 8015 073 A010200 0.0652 073 A020200 0.0310 073 B000200 0.4190 073 C000200 0.0000 074 A000200 146 074 B000200 7300 074 C000200 0 074 D000200 0 074 E000200 0 074 F000200 419787 074 G000200 0 074 H000200 0 074 I000200 15350 074 J000200 0 074 K000200 0 074 L000200 288 074 M000200 11 074 N000200 442882 074 O000200 0 074 P000200 289 074 Q000200 0 074 R010200 0 074 R020200 0 074 R030200 0 074 R040200 15934 074 S000200 0 074 T000200 426659 074 U010200 19577 074 U020200 4649 074 V010200 17.62 074 V020200 17.57 074 W000200 0.0000 074 X000200 46 PAGE 14 074 Y000200 0 075 A000200 0 075 B000200 311821 076 000200 0.00 025 A000301 GOLDMAN, SACHS & CO. 025 B000301 13-5108880 025 C000301 E 025 D000301 351 025 A000302 MORGAN STANLEY 025 B000302 13-2655998 025 C000302 E 025 D000302 242 025 A000303 CITIGROUP GLOBAL MARKETS INC. 025 B000303 11-2418191 025 C000303 E 025 D000303 231 025 A000304 J.P. MORGAN CHASE & CO. 025 B000304 13-3224016 025 C000304 E 025 D000304 103 025 D000305 0 025 D000306 0 025 D000307 0 025 D000308 0 028 A010300 17 028 A020300 0 028 A030300 0 028 A040300 190 028 B010300 93 028 B020300 0 028 B030300 0 028 B040300 167 028 C010300 21 028 C020300 0 028 C030300 0 028 C040300 551 028 D010300 56 028 D020300 0 028 D030300 0 028 D040300 444 028 E010300 175 028 E020300 0 028 E030300 0 028 E040300 381 028 F010300 75 028 F020300 85 028 F030300 0 028 F040300 304 028 G010300 437 028 G020300 85 028 G030300 0 PAGE 15 028 G040300 2037 028 H000300 0 042 A000300 0 042 B000300 0 042 C000300 100 042 D000300 0 042 E000300 0 042 F000300 0 042 G000300 0 042 H000300 0 043 000300 13 044 000300 0 049 000300 N 050 000300 N 051 000300 N 052 000300 N 053 A000300 Y 053 B000300 Y 053 C000300 N 055 A000300 Y 055 B000300 N 056 000300 N 057 000300 N 062 A000300 N 062 B000300 0.0 062 C000300 0.0 062 D000300 0.0 062 E000300 0.0 062 F000300 0.0 062 G000300 0.0 062 H000300 0.0 062 I000300 0.0 062 J000300 0.0 062 K000300 0.0 062 L000300 0.0 062 M000300 0.0 062 N000300 0.0 062 O000300 0.0 062 P000300 0.0 062 Q000300 0.0 062 R000300 0.0 066 A000300 Y 066 B000300 N 066 C000300 N 066 D000300 Y 066 E000300 N 066 F000300 N 066 G000300 N 067 000300 N 068 A000300 N 068 B000300 N PAGE 16 069 000300 N 070 A010300 Y 070 A020300 N 070 B010300 Y 070 B020300 N 070 C010300 N 070 C020300 N 070 D010300 Y 070 D020300 N 070 E010300 Y 070 E020300 N 070 F010300 Y 070 F020300 N 070 G010300 N 070 G020300 N 070 H010300 N 070 H020300 N 070 I010300 Y 070 I020300 N 070 J010300 Y 070 J020300 N 070 K010300 Y 070 K020300 Y 070 L010300 Y 070 L020300 Y 070 M010300 Y 070 M020300 N 070 N010300 Y 070 N020300 Y 070 O010300 Y 070 O020300 N 070 P010300 Y 070 P020300 N 070 Q010300 N 070 Q020300 N 070 R010300 N 070 R020300 N 071 A000300 22753 071 B000300 23599 071 C000300 19874 071 D000300 114 072 A000300 12 072 B000300 21 072 C000300 327 072 D000300 0 072 E000300 0 072 F000300 161 072 G000300 0 072 H000300 0 072 I000300 3 072 J000300 12 PAGE 17 072 K000300 0 072 L000300 7 072 M000300 1 072 N000300 0 072 O000300 1 072 P000300 0 072 Q000300 0 072 R000300 28 072 S000300 0 072 T000300 13 072 U000300 0 072 V000300 0 072 W000300 1 072 X000300 227 072 Y000300 18 072 Z000300 139 072AA000300 2755 072BB000300 1136 072CC010300 0 072CC020300 222 072DD010300 76 072DD020300 26 072EE000300 0 073 A010300 0.0558 073 A020300 0.0558 073 B000300 0.0000 073 C000300 0.0000 074 A000300 98 074 B000300 0 074 C000300 610 074 D000300 0 074 E000300 0 074 F000300 20853 074 G000300 0 074 H000300 0 074 I000300 2098 074 J000300 0 074 K000300 0 074 L000300 18 074 M000300 0 074 N000300 23677 074 O000300 114 074 P000300 14 074 Q000300 0 074 R010300 0 074 R020300 0 074 R030300 0 074 R040300 2134 074 S000300 0 074 T000300 21415 074 U010300 1355 PAGE 18 074 U020300 454 074 V010300 11.84 074 V020300 11.82 074 W000300 0.0000 074 X000300 5 074 Y000300 0 075 A000300 0 075 B000300 21417 076 000300 0.00 025 A000401 CREDIT SUISSE FIRST BOSTON CORPORATION 025 B000401 13-5659485 025 C000401 E 025 D000401 103 025 A000402 DELETE 025 D000402 0 025 D000403 0 025 D000404 0 025 D000405 0 025 D000406 0 025 D000407 0 025 D000408 0 028 A010400 18 028 A020400 0 028 A030400 0 028 A040400 58 028 B010400 140 028 B020400 0 028 B030400 0 028 B040400 368 028 C010400 59 028 C020400 0 028 C030400 0 028 C040400 104 028 D010400 8 028 D020400 0 028 D030400 0 028 D040400 136 028 E010400 556 028 E020400 0 028 E030400 0 028 E040400 282 028 F010400 56 028 F020400 0 028 F030400 0 028 F040400 229 028 G010400 837 028 G020400 0 028 G030400 0 028 G040400 1177 028 H000400 0 042 A000400 0 PAGE 19 042 B000400 0 042 C000400 100 042 D000400 0 042 E000400 0 042 F000400 0 042 G000400 0 042 H000400 0 043 000400 5 044 000400 0 062 A000400 N 062 B000400 0.0 062 C000400 0.0 062 D000400 0.0 062 E000400 0.0 062 F000400 0.0 062 G000400 0.0 062 H000400 0.0 062 I000400 0.0 062 J000400 0.0 062 K000400 0.0 062 L000400 0.0 062 M000400 0.0 062 N000400 0.0 062 O000400 0.0 062 P000400 0.0 062 Q000400 0.0 062 R000400 0.0 070 A010400 Y 070 A020400 N 070 B010400 Y 070 B020400 N 070 C010400 N 070 C020400 N 070 D010400 Y 070 D020400 N 070 E010400 Y 070 E020400 N 070 F010400 Y 070 F020400 N 070 G010400 N 070 G020400 N 070 H010400 N 070 H020400 N 070 I010400 Y 070 I020400 N 070 J010400 Y 070 J020400 N 070 K010400 Y 070 K020400 N 070 L010400 Y 070 L020400 Y PAGE 20 070 M010400 Y 070 M020400 Y 070 N010400 Y 070 N020400 N 070 O010400 Y 070 O020400 N 070 P010400 Y 070 P020400 N 070 Q010400 N 070 Q020400 N 070 R010400 N 070 R020400 N 071 A000400 7813 071 B000400 8312 071 C000400 8622 071 D000400 91 072 A000400 12 072 B000400 4 072 C000400 183 072 D000400 0 072 E000400 0 072 F000400 88 072 G000400 0 072 H000400 0 072 I000400 6 072 J000400 28 072 K000400 0 072 L000400 18 072 M000400 1 072 N000400 0 072 O000400 1 072 P000400 0 072 Q000400 0 072 R000400 34 072 S000400 0 072 T000400 5 072 U000400 0 072 V000400 0 072 W000400 10 072 X000400 191 072 Y000400 60 072 Z000400 56 072AA000400 1909 072BB000400 212 072CC010400 79 072CC020400 0 072DD010400 35 072DD020400 10 072EE000400 0 073 A010400 0.0625 073 A020400 0.0625 PAGE 21 073 B000400 0.0000 073 C000400 0.0000 074 A000400 11 074 B000400 0 074 C000400 280 074 D000400 0 074 E000400 0 074 F000400 9495 074 G000400 0 074 H000400 0 074 I000400 0 074 J000400 0 074 K000400 0 074 L000400 10 074 M000400 1 074 N000400 9797 074 O000400 0 074 P000400 2 074 Q000400 0 074 R010400 0 074 R020400 0 074 R030400 0 074 R040400 67 074 S000400 0 074 T000400 9728 074 U010400 507 074 U020400 166 074 V010400 14.46 074 V020400 14.46 074 W000400 0.0000 074 X000400 4 074 Y000400 0 075 A000400 0 075 B000400 6750 076 000400 0.00 028 A010800 1966 028 A020800 0 028 A030800 0 028 A040800 2031 028 B010800 1427 028 B020800 0 028 B030800 0 028 B040800 1886 028 C010800 2465 028 C020800 0 028 C030800 0 028 C040800 1509 028 D010800 1595 028 D020800 0 028 D030800 0 028 D040800 2166 PAGE 22 028 E010800 2495 028 E020800 0 028 E030800 0 028 E040800 1685 028 F010800 1805 028 F020800 0 028 F030800 0 028 F040800 2115 028 G010800 11753 028 G020800 0 028 G030800 0 028 G040800 11392 028 H000800 0 042 A000800 0 042 B000800 0 042 C000800 100 042 D000800 0 042 E000800 0 042 F000800 0 042 G000800 0 042 H000800 0 043 000800 64 044 000800 0 049 000800 N 050 000800 N 051 000800 N 052 000800 N 053 A000800 N 055 A000800 N 055 B000800 N 056 000800 N 057 000800 N 062 A000800 N 062 B000800 0.0 062 C000800 0.0 062 D000800 0.0 062 E000800 0.0 062 F000800 0.0 062 G000800 0.0 062 H000800 0.0 062 I000800 0.0 062 J000800 0.0 062 K000800 0.0 062 L000800 0.0 062 M000800 0.0 062 N000800 0.0 062 O000800 0.0 062 P000800 0.0 062 Q000800 0.0 062 R000800 0.0 070 A010800 Y PAGE 23 070 A020800 N 070 B010800 Y 070 B020800 N 070 C010800 N 070 C020800 N 070 D010800 Y 070 D020800 N 070 E010800 Y 070 E020800 N 070 F010800 Y 070 F020800 N 070 G010800 N 070 G020800 N 070 H010800 N 070 H020800 N 070 I010800 Y 070 I020800 N 070 J010800 Y 070 J020800 N 070 K010800 Y 070 K020800 Y 070 L010800 Y 070 L020800 Y 070 M010800 Y 070 M020800 Y 070 N010800 Y 070 N020800 Y 070 O010800 Y 070 O020800 N 070 P010800 Y 070 P020800 N 070 Q010800 N 070 Q020800 N 070 R010800 Y 070 R020800 Y 071 A000800 86611 071 B000800 72752 071 C000800 116410 071 D000800 63 072 A000800 12 072 B000800 64 072 C000800 884 072 D000800 0 072 E000800 8 072 F000800 921 072 G000800 0 072 H000800 0 072 I000800 4 072 J000800 28 072 K000800 0 072 L000800 45 PAGE 24 072 M000800 4 072 N000800 0 072 O000800 0 072 P000800 0 072 Q000800 0 072 R000800 31 072 S000800 4 072 T000800 64 072 U000800 0 072 V000800 0 072 W000800 3 072 X000800 1104 072 Y000800 0 072 Z000800 -156 072AA000800 7764 072BB000800 10316 072CC010800 2728 072CC020800 0 072DD010800 0 072DD020800 0 072EE000800 0 073 A010800 0.0000 073 A020800 0.0000 073 B000800 0.0000 073 C000800 0.0000 074 A000800 108 074 B000800 0 074 C000800 0 074 D000800 0 074 E000800 0 074 F000800 128155 074 G000800 0 074 H000800 0 074 I000800 2498 074 J000800 0 074 K000800 0 074 L000800 38 074 M000800 1 074 N000800 130800 074 O000800 134 074 P000800 95 074 Q000800 0 074 R010800 0 074 R020800 0 074 R030800 0 074 R040800 126 074 S000800 0 074 T000800 130445 074 U010800 10831 074 U020800 4184 074 V010800 8.72 PAGE 25 074 V020800 8.62 074 W000800 0.0000 074 X000800 19 074 Y000800 0 075 A000800 0 075 B000800 96986 076 000800 0.00 028 A010900 234 028 A020900 0 028 A030900 0 028 A040900 571 028 B010900 92 028 B020900 0 028 B030900 0 028 B040900 878 028 C010900 116 028 C020900 0 028 C030900 0 028 C040900 1008 028 D010900 174 028 D020900 0 028 D030900 0 028 D040900 491 028 E010900 951 028 E020900 0 028 E030900 0 028 E040900 400 028 F010900 194 028 F020900 3114 028 F030900 0 028 F040900 383 028 G010900 1761 028 G020900 3114 028 G030900 0 028 G040900 3731 028 H000900 0 042 A000900 0 042 B000900 0 042 C000900 100 042 D000900 0 042 E000900 0 042 F000900 0 042 G000900 0 042 H000900 0 043 000900 41 044 000900 0 049 000900 N 050 000900 N 051 000900 N 052 000900 N 053 A000900 Y PAGE 26 053 B000900 Y 053 C000900 N 055 A000900 Y 055 B000900 N 056 000900 N 057 000900 N 062 A000900 N 062 B000900 0.0 062 C000900 0.0 062 D000900 0.0 062 E000900 0.0 062 F000900 0.0 062 G000900 0.0 062 H000900 0.0 062 I000900 0.0 062 J000900 0.0 062 K000900 0.0 062 L000900 0.0 062 M000900 0.0 062 N000900 0.0 062 O000900 0.0 062 P000900 0.0 062 Q000900 0.0 062 R000900 0.0 070 A010900 Y 070 A020900 N 070 B010900 Y 070 B020900 N 070 C010900 Y 070 C020900 N 070 D010900 Y 070 D020900 N 070 E010900 Y 070 E020900 N 070 F010900 Y 070 F020900 N 070 G010900 Y 070 G020900 N 070 H010900 Y 070 H020900 N 070 I010900 N 070 I020900 N 070 J010900 Y 070 J020900 N 070 K010900 Y 070 K020900 Y 070 L010900 N 070 L020900 N 070 M010900 Y 070 M020900 N 070 N010900 Y PAGE 27 070 N020900 Y 070 O010900 Y 070 O020900 N 070 P010900 Y 070 P020900 N 070 Q010900 N 070 Q020900 N 070 R010900 Y 070 R020900 N 071 A000900 30862 071 B000900 33597 071 C000900 34696 071 D000900 89 072 A000900 12 072 B000900 17 072 C000900 252 072 D000900 0 072 E000900 0 072 F000900 326 072 G000900 0 072 H000900 0 072 I000900 29 072 J000900 5 072 K000900 0 072 L000900 11 072 M000900 1 072 N000900 0 072 O000900 1 072 P000900 0 072 Q000900 0 072 R000900 33 072 S000900 1 072 T000900 41 072 U000900 0 072 V000900 0 072 W000900 2 072 X000900 450 072 Y000900 16 072 Z000900 -165 072AA000900 8265 072BB000900 2192 072CC010900 0 072CC020900 1211 072DD010900 0 072DD020900 0 072EE000900 0 073 A010900 0.0000 073 A020900 0.0000 073 B000900 2.0230 073 C000900 0.0000 074 A000900 41 PAGE 28 074 B000900 0 074 C000900 0 074 D000900 0 074 E000900 0 074 F000900 37250 074 G000900 0 074 H000900 0 074 I000900 3689 074 J000900 0 074 K000900 0 074 L000900 45 074 M000900 1 074 N000900 41026 074 O000900 0 074 P000900 33 074 Q000900 0 074 R010900 0 074 R020900 0 074 R030900 0 074 R040900 2526 074 S000900 0 074 T000900 38467 074 U010900 936 074 U020900 739 074 V010900 23.06 074 V020900 22.85 074 W000900 0.0000 074 X000900 9 074 Y000900 0 075 A000900 0 075 B000900 19822 076 000900 0.00 028 A011100 489 028 A021100 0 028 A031100 0 028 A041100 166 028 B011100 444 028 B021100 0 028 B031100 0 028 B041100 237 028 C011100 487 028 C021100 0 028 C031100 0 028 C041100 119 028 D011100 516 028 D021100 0 028 D031100 0 028 D041100 133 028 E011100 386 028 E021100 0 028 E031100 0 PAGE 29 028 E041100 191 028 F011100 618 028 F021100 0 028 F031100 0 028 F041100 147 028 G011100 2940 028 G021100 0 028 G031100 0 028 G041100 993 028 H001100 0 042 A001100 0 042 B001100 0 042 C001100 100 042 D001100 0 042 E001100 0 042 F001100 0 042 G001100 0 042 H001100 0 043 001100 7 044 001100 0 055 A001100 Y 055 B001100 N 056 001100 N 057 001100 N 062 A001100 N 062 B001100 0.0 062 C001100 0.0 062 D001100 0.0 062 E001100 0.0 062 F001100 0.0 062 G001100 0.0 062 H001100 0.0 062 I001100 0.0 062 J001100 0.0 062 K001100 0.0 062 L001100 0.0 062 M001100 0.0 062 N001100 0.0 062 O001100 0.0 062 P001100 0.0 062 Q001100 0.0 062 R001100 0.0 070 A011100 Y 070 A021100 N 070 B011100 Y 070 B021100 N 070 C011100 N 070 C021100 N 070 D011100 Y 070 D021100 N 070 E011100 Y PAGE 30 070 E021100 N 070 F011100 Y 070 F021100 N 070 G011100 N 070 G021100 N 070 H011100 N 070 H021100 N 070 I011100 Y 070 I021100 N 070 J011100 Y 070 J021100 N 070 K011100 Y 070 K021100 Y 070 L011100 Y 070 L021100 N 070 M011100 Y 070 M021100 N 070 N011100 Y 070 N021100 Y 070 O011100 Y 070 O021100 N 070 P011100 Y 070 P021100 N 070 Q011100 N 070 Q021100 N 070 R011100 N 070 R021100 N 071 A001100 28379 071 B001100 23287 071 C001100 20604 071 D001100 113 072 A001100 12 072 B001100 22 072 C001100 47 072 D001100 0 072 E001100 0 072 F001100 196 072 G001100 0 072 H001100 0 072 I001100 2 072 J001100 21 072 K001100 0 072 L001100 21 072 M001100 1 072 N001100 0 072 O001100 1 072 P001100 0 072 Q001100 0 072 R001100 30 072 S001100 1 072 T001100 7 PAGE 31 072 U001100 0 072 V001100 0 072 W001100 2 072 X001100 282 072 Y001100 1 072 Z001100 -212 072AA001100 3402 072BB001100 2453 072CC011100 1528 072CC021100 0 072DD011100 0 072DD021100 0 072EE001100 0 073 A011100 0.0000 073 A021100 0.0000 073 B001100 0.0000 073 C001100 0.0000 074 A001100 66 074 B001100 0 074 C001100 1047 074 D001100 0 074 E001100 0 074 F001100 25167 074 G001100 0 074 H001100 0 074 I001100 1593 074 J001100 293 074 K001100 0 074 L001100 22 074 M001100 1 074 N001100 28189 074 O001100 461 074 P001100 26 074 Q001100 0 074 R011100 0 074 R021100 0 074 R031100 0 074 R041100 1628 074 S001100 0 074 T001100 26074 074 U011100 2349 074 U021100 313 074 V011100 9.80 074 V021100 9.74 074 W001100 0.0000 074 X001100 11 074 Y001100 0 075 A001100 0 075 B001100 18784 076 001100 0.00 015 A001301 MELLON BANK, N.A. PAGE 32 015 B001301 C 015 C011301 PITTSBURGH 015 C021301 PA 015 C031301 15258 015 E031301 X 024 001300 Y 025 A001301 J.P. MORGAN CHASE & CO. 025 B001301 13-3224016 025 C001301 D 025 D001301 759 025 A001302 CREDIT SUISSE FIRST BOSTON CORPORATION 025 B001302 13-5659485 025 C001302 D 025 D001302 105 025 A001303 BANC OF AMERICA SECRITIES LLC 025 B001303 56-2058405 025 C001303 D 025 D001303 138 025 A001304 MORGAN STANLEY 025 B001304 13-2655998 025 C001304 D 025 D001304 182 025 D001305 0 025 D001306 0 025 D001307 0 025 D001308 0 028 A011300 129 028 A021300 284 028 A031300 0 028 A041300 2032 028 B011300 278 028 B021300 280 028 B031300 0 028 B041300 1334 028 C011300 689 028 C021300 267 028 C031300 0 028 C041300 1225 028 D011300 353 028 D021300 300 028 D031300 0 028 D041300 2277 028 E011300 409 028 E021300 273 028 E031300 0 028 E041300 759 028 F011300 297 028 F021300 710 028 F031300 0 028 F041300 1382 028 G011300 2155 PAGE 33 028 G021300 2114 028 G031300 0 028 G041300 9009 028 H001300 0 042 A001300 0 042 B001300 0 042 C001300 100 042 D001300 0 042 E001300 0 042 F001300 0 042 G001300 0 042 H001300 0 043 001300 138 044 001300 0 049 001300 N 050 001300 N 051 001300 N 052 001300 N 053 A001300 Y 053 B001300 Y 053 C001300 N 055 A001300 Y 055 B001300 Y 056 001300 N 057 001300 N 062 A001300 Y 062 B001300 0.0 062 C001300 0.0 062 D001300 0.0 062 E001300 0.0 062 F001300 0.0 062 G001300 0.0 062 H001300 0.0 062 I001300 0.0 062 J001300 0.0 062 K001300 0.1 062 L001300 14.3 062 M001300 16.1 062 N001300 26.4 062 O001300 0.0 062 P001300 16.0 062 Q001300 25.8 062 R001300 0.0 063 A001300 0 063 B001300 12.6 064 A001300 N 064 B001300 Y 065 001300 N 066 A001300 N 067 001300 N 068 A001300 N PAGE 34 068 B001300 N 069 001300 N 070 A011300 Y 070 A021300 N 070 B011300 Y 070 B021300 N 070 C011300 Y 070 C021300 Y 070 D011300 N 070 D021300 N 070 E011300 Y 070 E021300 Y 070 F011300 Y 070 F021300 N 070 G011300 N 070 G021300 N 070 H011300 N 070 H021300 N 070 I011300 Y 070 I021300 N 070 J011300 Y 070 J021300 Y 070 K011300 Y 070 K021300 Y 070 L011300 Y 070 L021300 Y 070 M011300 Y 070 M021300 Y 070 N011300 Y 070 N021300 Y 070 O011300 Y 070 O021300 Y 070 P011300 Y 070 P021300 Y 070 Q011300 N 070 Q021300 N 070 R011300 Y 070 R021300 Y 071 A001300 629809 071 B001300 653873 071 C001300 80171 071 D001300 786 072 A001300 12 072 B001300 3552 072 C001300 113 072 D001300 0 072 E001300 0 072 F001300 500 072 G001300 0 072 H001300 0 072 I001300 0 PAGE 35 072 J001300 39 072 K001300 0 072 L001300 10 072 M001300 3 072 N001300 0 072 O001300 1 072 P001300 1 072 Q001300 0 072 R001300 31 072 S001300 5 072 T001300 138 072 U001300 0 072 V001300 0 072 W001300 3 072 X001300 731 072 Y001300 90 072 Z001300 3024 072AA001300 6905 072BB001300 6740 072CC011300 177 072CC021300 0 072DD011300 1183 072DD021300 2286 072EE001300 0 073 A011300 0.5500 073 A021300 0.5380 073 B001300 0.0000 073 C001300 0.0000 074 A001300 82 074 B001300 0 074 C001300 750 074 D001300 66662 074 E001300 0 074 F001300 0 074 G001300 0 074 H001300 54 074 I001300 10563 074 J001300 3406 074 K001300 0 074 L001300 770 074 M001300 1 074 N001300 82288 074 O001300 545 074 P001300 52 074 Q001300 0 074 R011300 0 074 R021300 16 074 R031300 14 074 R041300 2611 074 S001300 0 074 T001300 79050 PAGE 36 074 U011300 2005 074 U021300 4072 074 V011300 13.01 074 V021300 13.01 074 W001300 0.0000 074 X001300 7 074 Y001300 0 075 A001300 0 075 B001300 28198 076 001300 0.00 024 001400 Y 025 A001401 RBS GREENWICH CAPITAL MARKETS, INC. 025 B001401 13-3172275 025 C001401 D 025 D001401 850 025 D001402 0 025 D001403 0 025 D001404 0 025 D001405 0 025 D001406 0 025 D001407 0 025 D001408 0 028 A011400 19195 028 A021400 0 028 A031400 0 028 A041400 8275 028 B011400 11204 028 B021400 0 028 B031400 0 028 B041400 13334 028 C011400 22058 028 C021400 0 028 C031400 0 028 C041400 4019 028 D011400 11555 028 D021400 0 028 D031400 0 028 D041400 1937 028 E011400 23171 028 E021400 0 028 E031400 0 028 E041400 412 028 F011400 21026 028 F021400 7984 028 F031400 0 028 F041400 2394 028 G011400 108209 028 G021400 7984 028 G031400 0 028 G041400 30371 028 H001400 0 PAGE 37 042 A001400 0 042 B001400 0 042 C001400 100 042 D001400 0 042 E001400 0 042 F001400 0 042 G001400 0 042 H001400 0 043 001400 598 044 001400 0 055 A001400 Y 055 B001400 Y 056 001400 N 057 001400 N 062 A001400 N 062 B001400 0.0 062 C001400 0.0 062 D001400 0.0 062 E001400 0.0 062 F001400 0.0 062 G001400 0.0 062 H001400 0.0 062 I001400 0.0 062 J001400 0.0 062 K001400 0.0 062 L001400 0.0 062 M001400 0.0 062 N001400 0.0 062 O001400 0.0 062 P001400 0.0 062 Q001400 0.0 062 R001400 0.0 070 A011400 Y 070 A021400 Y 070 B011400 N 070 B021400 N 070 C011400 N 070 C021400 N 070 D011400 N 070 D021400 N 070 E011400 N 070 E021400 N 070 F011400 Y 070 F021400 Y 070 G011400 N 070 G021400 N 070 H011400 N 070 H021400 N 070 I011400 N 070 I021400 N 070 J011400 Y PAGE 38 070 J021400 N 070 K011400 Y 070 K021400 N 070 L011400 N 070 L021400 N 070 M011400 N 070 M021400 N 070 N011400 Y 070 N021400 Y 070 O011400 Y 070 O021400 Y 070 P011400 Y 070 P021400 N 070 Q011400 N 070 Q021400 N 070 R011400 N 070 R021400 N 071 A001400 184494 071 B001400 60186 071 C001400 240148 071 D001400 25 072 A001400 12 072 B001400 122 072 C001400 2679 072 D001400 0 072 E001400 0 072 F001400 837 072 G001400 0 072 H001400 0 072 I001400 0 072 J001400 0 072 K001400 0 072 L001400 0 072 M001400 0 072 N001400 0 072 O001400 0 072 P001400 4 072 Q001400 0 072 R001400 0 072 S001400 0 072 T001400 598 072 U001400 0 072 V001400 0 072 W001400 0 072 X001400 1439 072 Y001400 0 072 Z001400 1362 072AA001400 10211 072BB001400 4976 072CC011400 45925 072CC021400 0 PAGE 39 072DD011400 1249 072DD021400 0 072EE001400 7019 073 A011400 0.0568 073 A021400 0.0000 073 B001400 0.3262 073 C001400 0.0000 074 A001400 1000 074 B001400 850 074 C001400 200 074 D001400 0 074 E001400 0 074 F001400 353946 074 G001400 0 074 H001400 0 074 I001400 11185 074 J001400 0 074 K001400 0 074 L001400 379 074 M001400 0 074 N001400 367560 074 O001400 975 074 P001400 174 074 Q001400 0 074 R011400 0 074 R021400 0 074 R031400 0 074 R041400 11236 074 S001400 0 074 T001400 355175 074 U011400 22781 074 U021400 0 074 V011400 15.59 074 V021400 0.00 074 W001400 0.0000 074 X001400 21 074 Y001400 200 075 A001400 0 075 B001400 239173 076 001400 0.00 SIGNATURE JEFF PRUSNOFSKY TITLE ASSISTANT SECRETARY EX-23 2 consentdip.txt AUDITORS CONSENT Report of Independent Registered Public Accounting Firm To the Shareholders and Board of Trustees of Dreyfus Investment Portfolios In planning and performing our audit of the financial statements of Dreyfus Investment Portfolios(comprising, respectively, Core Bond Portfolio, Core Value Portfolio, Emerging Leaders Portfolio, Founders Discovery Portfolio, Founders Growth Portfolio, Founders International Equity Portfolio, MidCap Stock Portfolio, Small Cap Stock Index Portfolio and Technology Growth Portfolio) for the year ended December 31, 2004, we considered its internal control, including control activities for safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, not to provide assurance on internal control. The management of Dreyfus Investment Portfolios is responsible for establishing and maintaining internal control. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. Generally, controls that are relevant to an audit pertain to the entity's objective of preparing financial statements for external purposes that are fairly presented in conformity with U.S. generally accepted accounting principles. Those controls include the safeguarding of assets against unauthorized acquisition, use, or disposition. Because of inherent limitations in internal control, error or fraud may occur and not be detected. Also, projection of any evaluation of internal control to future periods is subject to the risk that it may become inadequate because of changes in conditions or that the effectiveness of the design and operation may deteriorate. Our consideration of internal control would not necessarily disclose all matters in internal control that might be material weaknesses under standards of the Public Company Accounting Oversight Board (United States). A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that misstatements caused by error or fraud in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. However, we noted no matters involving internal control and its operation, including controls for safeguarding securities, that we consider to be material weaknesses as defined above as of December 31, 2004. This report is intended solely for the information and use of management and the Board of Trustees of Dreyfus Investment Portfolios and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. ERNST & YOUNG LLP New York, New York February 4, 2005 EX-99 3 item77ejan05.txt LEGAL PROCEEDINGS SUB-ITEM 77E - LEGAL PROCEEDINGS In early 2004, a purported shareholder in the Dreyfus Disciplined Stock Fund and a purported shareholder in the Dreyfus S&P 500 Stock Index Fund each filed similar class action lawsuits in the United States District Court for the Western District of Pennsylvania against Mellon Financial Corporation, Mellon Bank, N.A., The Dreyfus Corporation, Founders Asset Management LLC, and the directors of all or substantially all of the Dreyfus Funds and the Dreyfus Founders Funds (together, the "Funds"). (Hays v. Mellon Financial Corp., et. al. and Wortman v. Mellon Financial Corp., et. al.) In September 2004, plaintiffs served a Consolidated Amended Complaint (the "Amended Complaint") on behalf of a purported class of all persons who acquired interests in any of the Funds between January 30, 1999 and November 17, 2003, and derivatively on behalf of the Funds. In addition to the defendants mentioned above, Plaintiffs also named Dreyfus Service Corporation and Premier Mutual Fund Services, Inc. as defendants. The Amended Complaint in the newly styled In re Dreyfus Mutual Funds Fee Litigation alleges violations of Sections 34(b), 36(a), 36(b), and 48(a) of the Investment Company Act of 1940, Section 215 of the Investment Advisers Act of 1940, the Pennsylvania Unfair Trade Practices and Consumer Protection Law and common-law claims. Plaintiffs seek to recover allegedly improper and excessive Rule 12b-1 and advisory fees allegedly charged to the Funds for marketing and distribution services. More specifically, plaintiffs claim, among other things, that 12b-1 fees and directed brokerage were improperly used to pay brokers to recommend the Funds over other funds, and that such payments were not disclosed to investors. In addition, plaintiffs assert that economies of scale and soft-dollar benefits were not passed on to the Funds. Plaintiffs further allege that 12b-1 fees were improperly charged to certain of the Funds that were closed to new investors. The Amended Complaint seeks compensatory and punitive damages, rescission of the advisory contracts, and an accounting and restitution of any unlawful fees, as well as an award of attorneys fees and litigation expenses. As noted, some of the claims in this litigation are asserted derivatively on behalf of the Funds that have been named as nominal defendants. With respect to such derivative claims, no relief is sought against the Funds. Defendants filed motions to dismiss the Amended Complaint on November 12, 2004, and those motions are pending. No discovery has been conducted. -----END PRIVACY-ENHANCED MESSAGE-----