N-Q 1 form.htm FORM NQ-6134 form
    UNITED STATES 
    SECURITIES AND EXCHANGE COMMISSION 
    Washington, D.C. 20549 
 
 
    FORM N-Q 
 
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT 
    INVESTMENT COMPANY 
 
Investment Company Act file number 811-524 
 
    The Dreyfus/Laurel Funds Trust 
    (Exact name of Registrant as specified in charter) 
 
 
    c/o The Dreyfus Corporation 
    200 Park Avenue 
    New York, New York 10166 
    (Address of principal executive offices) (Zip code) 
 
    Mark N. Jacobs, Esq. 
    200 Park Avenue 
    New York, New York 10166 
    (Name and address of agent for service) 
 
Registrant's telephone number, including area code: (212) 922-6000 
 
Date of fiscal year end:    8/31 
 
Date of reporting period:    11/30/05 
 
The following Form N-Q relates only to Dreyfus Tax Managed Balanced Fund, a series of the 
Registrant, and does not affect the other series of the Registrant, which have a different fiscal year end 
and, therefore, different Form N-Q reporting requirements. A separate Form N-Q will be filed for these 
series, as appropriate.     

FORM N-Q

Item 1. Schedule of Investments.

DREYFUS TAX MANAGED BALANCED FUND     
STATEMENT OF INVESTMENTS         
November 30, 2005 (Unaudited)         
 
Common Stocks--26.8%    Shares    Value ($) 
Banking--1.4%         
Bank of America    500    22,945 
HSBC Holdings, ADR    300    23,982 
        46,927 
 
Commercial & Professional Services--.6%         
McGraw-Hill Cos.    400    21,220 
 
Consumer Staples--7.4%         
Altria Group    700    50,953 
Coca-Cola    700    29,883 
Estee Lauder Cos., Cl. A    300    9,903 
Nestle, ADR    300    22,247 
PepsiCo    400    23,680 
Procter & Gamble    600    34,314 
Sysco    300    9,696 
Wal-Mart Stores    500    24,280 
Walgreen    500    22,840 
Whole Foods Market    100    14,728 
        242,524 
 
Energy--5.3%         
Amerada Hess    100    12,252 
BP, ADR    400    26,336 
Chevron    500    28,655 
ConocoPhillips    500    30,255 
Exxon Mobil    800    46,424 
Occidental Petroleum    150    11,895 
Total, ADR    150    18,704 
        174,521 
 
Financial--2.6%         
American Express    300    15,426 
Citigroup    800    38,840 
JPMorgan Chase & Co.    500    19,125 
Merrill Lynch & Co.    200    13,284 
        86,675 
 
Health Care--2.5%         
Abbott Laboratories    500    18,855 
Eli Lilly & Co.    400    20,200 
Johnson & Johnson    500    30,875 
UnitedHealth Group    200    11,972 
        81,902 
 
Industrial--1.8%         
Emerson Electric    200    15,122 
General Electric    1,200    42,864 
        57,986 
 
Information Technology--2.5%         
Automatic Data Processing    300    14,100 
Intel    1,500    40,020 
Microsoft    1,000    27,710 
        81,830 
 
Investment Managers--.5%         
Ameriprise Financial    400    16,820 
 
Materials--.3%         
Praxair    200    10,400 
 
Multimedia--.5%         
News, Cl. A    1,000    14,810 
 
Retail Trade--.4%         
Home Depot    300    12,534 
 
Retail Trade-Department Stores--.5%         
Target    300    16,053 
 
Transportation--.5%         
United Parcel Service, Cl. B    200    15,580 
 
Total Common Stocks         
(cost $860,274)        879,782 
 
    Principal     
Long-Term Municipal Investments--52.9%    Amount ($)    Value ($) 
California--9.3%         
California Statewide Communities Development Authority,     
Revenue (Daughters of Charity Health System)         
5.25%, 7/1/2035    100,000    101,508 
Golden State Tobacco Securitization Corp.,         
Enhanced Tobacco Settlement Asset-Backed Bonds     
5%, 6/1/2045    100,000    99,658 
Sweetwater Union High School District Public Financing     
Authority, Special Tax Revenue         
5%, 9/1/2027 (Insured; FSA)    100,000    103,307 
 
Connecticut--3.2%         
Connecticut Health and Educational Facilities Authority,     
Revenue (Yale University Issue)         
5%, 7/1/2035    100,000    104,449 
 
Hawaii--3.2%         
Kauai County, GO 5%, 8/1/2029 (Insured; FGIC)    100,000    103,681 
 
Kansas--3.2%         
Butler County Unified School District Number 490,         
GO Improvement 5%, 9/1/2029 (Insured; FSA)    100,000    103,945 
 
Kentucky--3.2%         
Kentucky Economic Development Finance Authority, MFHR     
(Christian Care Communities Projects)         
5.25%, 11/20/2025 (Collateralized; GNMA)    100,000a    105,644 
 
Michigan--3.1%         
Michigan Hospital Finance Authority, HR         
(Sparrow Obligated Group)         
5%, 11/15/2036 (Insured; MBIA)    100,000    102,398 
 
Minnesota--3.1%         
Chaska, Electric Revenue (Generating Facilities)         
5%, 10/1/2030    100,000    101,547 
 
Nebraska--3.1%         
Lincoln, Electric System Revenue         
5%, 9/1/2029    100,000    103,625 
 
Nevada--3.1%         
Clark County, Airport System Revenue         
5%, 7/1/2040 (Insured; AMBAC)    100,000    101,865 

New York--6.0%         
New York State Dormitory Authority,         
Mental Health Services Facilities         
Improvement Revenue         
5%, 2/15/2030 (Insured; AMBAC)    100,000    103,386 
Westchester Tobacco Asset Securitization Corp.,         
Tobacco Settlement Asset-Backed         
5.125%, 6/1/2045    100,000    93,449 
 
North Carolina--3.0%         
Charlotte-Mecklenburg Hospital Authority,         
Health Care Revenue         
5%, 1/15/2045    100,000a    99,823 
 
South Carolina--3.1%         
South Carolina Transportation Infrastructure Bank,     
Revenue 5%, 10/1/2033 (Insured; AMBAC)    100,000    103,201 
 
Texas--6.3%         
North Harris County Regional Water Authority,         
Senior Lien Revenue         
5%, 12/15/2032 (Insured; MBIA)    100,000    102,669 
Trinity River Authority, Regional Wastewater         
System Revenue         
5%, 8/1/2029 (Insured; MBIA)    100,000    103,206 
 
Total Long-Term Municipal Investments         
(cost $1,739,056)        1,737,361 
 
Short-Term Municipal Investments--24.3%         
Massachusetts--3.1%         
Massachusetts Health and Educational Facilities Authority,     
Revenue (Partners HealthCare System Issue)     
2.96%    100,000b    100,000 
 
Michigan--6.1%         
Michigan Strategic Fund, LOR         
(Detroit Symphony Orchestra Project)         
3% (LOC; ABN-AMRO)    100,000b    100,000 
University of Michigan Regents, Medical Service Plan Revenue     
3.01%    100,000b    100,000 
 
North Carolina--3.1%         
North Carolina Medical Care Commission, HR         
(Pooled Financing Project)         
2.97% (LOC; Wachovia Bank)    100,000b    100,000 
 
Oklahoma--3.0%         
Oklahoma Industries Authority, Revenue         
(Obligated Group consisting of INTEGRIS         
Baptist Medical Center, Inc., INTEGRIS         
South Oklahoma City Hospital Corp.         
and INTEGRIS Rural Health, Inc.)         
3% (Insured; MBIA and Liquidity Facility;         
JPMorgan Chase Bank)    100,000b    100,000 
 
Pennsylvania--3.0%         
Geisinger Authority, Health System Revenue         
(Geisinger Health System)         
3% (Liquidity Facility; Wachovia Bank)    100,000b    100,000 
 
South Dakota--3.0%         
Lawrence County, PCR (Homestake Mining Co.         
of California Project)         
2.97% (LOC; JPMorgan Chase Bank)    100,000b    100,000 
 
Texas--3.0%         
Harris County Health Facilities Development Corp., Revenue     
(Young Men's Christian Association of the Greater     
Houston Area)         
3% (LOC; Bank One)    100,000b    100,000 
 
Total Short-Term Municipal Investments         
(cost $800,000)        800,000 
 
Total Investments (cost $3,399,330)    104.0%    3,417,143 
 
Liabilities, Less Cash and Receivables    (4.0%)    (131,762) 
 
Net Assets    100.0%    3,285,381 

ADR - American Depository Receipts
a Purchased on a delayed delivery basis.
b Securities payable on demand. Variable interest rate--subject to periodic change.

Item 2. Controls and Procedures.

(a) The Registrant's principal executive and principal financial officers have concluded, based on their evaluation of the Registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the Registrant's disclosure controls and procedures are reasonably designed to ensure that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the required time periods and that information required to be disclosed by the Registrant in the reports that it files or submits on Form N-Q is accumulated and communicated to the Registrant's management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

(b) There were no changes to the Registrant's internal control over financial reporting that occurred during the Registrant's most recently ended fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting.

Item 3.    Exhibits. 
 
(a)    Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) 
under the Investment Company Act of 1940. 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

The Dreyfus/Laurel Funds Trust - Dreyfus Tax Managed Balanced Fund

By:    /s/ Stephen E. Canter 
    Stephen E. Canter 
    President 
Date:    January 23, 2006 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By:    /s/ Stephen E. Canter 
    Stephen E. Canter 
    Chief Executive Officer 
Date:    January 23, 2006 
 
By:    /s/ James Windels 
James Windels
    Chief Financial Officer 
Date:    January 23, 2006 

EXHIBIT INDEX

(a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940. (EX-99.CERT)