N-Q 1 form.htm FORM NQ 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:    10/31 
 
Date of reporting period:    07/31/06 
 
The following Form N-Q relates only to Dreyfus Premier International Bond Fund, a series of 
Registrant, and does not affect the other series of the Registrant, which have different fiscal year ends 
therefore, different Form N-Q reporting requirements. A separate Form N-Q will be filed for those series, 
appropriate.     


FORM N-Q

Item 1. Schedule of Investments.

  STATEMENT OF INVESTMENTS
Dreyfus Premier International Bond Fund
July 31, 2006 (Unaudited)
    Coupon    Maturity    Principal     
Bonds and Notes--95.3%    Rate (%)    Date    Amount ($)    Value ($) 





Australia--.4%                 
Queensland Treasury,                 
Gov't Gtd. Note, Ser. 11G    6.00    6/14/11    25,000 a    19,104 
Belgium--.8%                 
Belgium Kingdom,                 
Bonds, Ser. 44    5.00    3/28/35    30,000 a    43,067 
Brazil--2.2%                 
Federal Republic of Brazil,                 
Bonds    12.50    1/5/16    250,000 a,b    115,491 
Canada--2.7%                 
Canadian Government,                 
Bonds    5.00    6/1/14    155,000 a    143,299 
France--7.8%                 
Dexia Municipal Agency,                 
Scd. Notes    0.80    5/21/12    27,000,000 a    225,127 
Government of France,                 
Bonds    4.75    4/25/35    140,000 a    194,368 
                419,495 
Germany--8.6%                 
Bundesobligation,                 
Bonds, Ser. 140    4.50    8/17/07    60,000 a    77,492 
Bundesrepublik Deutschland,                 
Bonds, Ser. 05    3.25    7/4/15    316,000 a    385,044 
                462,536 
Greece--1.4%                 
Hellenic Republic,                 
Bonds    3.70    7/20/15    60,000 a    74,082 
Ireland--8.8%                 
Depfa ACS Bank,                 
Covered Public Loans    0.75    9/22/08    30,000,000 a    261,390 
GE Capital European Funding,                 
Gtd. Notes    2.99    5/4/11    165,000 a,c    210,802 
                472,192 
Italy--2.4%                 
Autostrade SpA,                 
Gtd. Notes    3.42    6/9/11    100,000 a,c    128,360 
Japan--6.4%                 
Development Bank of Japan,                 
Gov't. Gtd. Bonds    1.40    6/20/12    8,000,000 a    69,171 
Development Bank of Japan,                 
Gov't. Gtd. Bonds    1.70    9/20/22    27,000,000 a    220,524 
Japan Finance for Municipal                 
Enterprises, Gov't. Gtd. Bonds    1.55    2/21/12    6,000,000 a    52,398 
                342,093 
Mexico--1.8%                 
Mexican Bonos,                 
Bonds, Ser. MI10    8.00    12/19/13    1,085,000 a    97,792 
Netherlands--4.9%                 
Netherlands Government,                 
Bonds    4.00    1/15/37    215,000 a    264,602 
Poland--4.7%                 


Poland Government,                 
Bonds, Ser. 0509    6.00    5/24/09    305,000 a    100,978 
Poland Government,                 
Bonds, Ser. 1110    6.00    11/24/10    300,000 a    99,344 
Poland Government,                 
Bonds, Ser. 1015    6.25    10/24/15    155,000 a    52,599 
                252,921 
SupraNational--2.9%                 
European Investment Bank,             
Sr. Unscd. Notes    1.40    6/20/17    18,700,000 a    154,322 
Sweden--4.2%                 
Swedish Government,                 
Bonds, Ser. 1050    3.00    7/12/16    1,750,000 a    226,627 
United Kingdom--14.4%                 
FCE Bank,                 
Notes    4.06    9/30/09    35,000 a,c    41,321 
United Kingdom Gilt,                 
Bonds    4.00    3/7/09    130,000 a    238,557 
United Kingdom Gilt,                 
Bonds    4.75    6/7/10    140,000 a    261,953 
United Kingdom Gilt,                 
Bonds    5.00    9/7/14    120,000 a    229,831 
                771,662 
United States--20.9%                 
ASIF III Jersey,                 
Sr. Unsub. Notes    5.13    5/10/07    160,000 a    206,753 
Chesapeake Energy,                 
Sr. Unscd. Notes    7.63    7/15/13    10,000    10,213 
Citigroup,                 
Notes    0.80    10/30/08    2,900,000 a    25,216 
Citigroup,                 
Sr. Notes    3.09    6/3/11    100,000 a,c    127,822 
Dominion Resources/VA,                 
Sr. Notes, Ser. D    5.79    9/28/07    25,000 c    25,026 
Goldman Sachs Group,                 
Bonds    3.48    2/4/13    50,000 a,c    63,641 
KFW International Finance,             
Gtd. Bonds    1.75    3/23/10    26,000,000 a    231,550 
National Grid,                 
Notes    6.30    8/1/16    25,000    25,214 
NiSource Finance,                 
Gtd. Notes    5.76    11/23/09    25,000 c    25,058 
ONEOK,                 
Sr. Unscd. Notes    5.51    2/16/08    25,000    24,933 
SABMiller,                 
Notes    5.78    7/1/09    30,000 c,d    30,016 
Windstream,                 
Sr. Notes    8.13    8/1/13    10,000 d    10,450 
Windstream,                 
Sr. Notes    8.63    8/1/16    5,000 d    5,225 
U.S. Treasury,                 
Notes    4.00    2/15/15    40,000 b    37,353 
U.S. Treasury,                 
Notes    4.25    1/15/12    275,000 b    267,803 
                1,116,273 
Total Bonds and Notes                 
(cost $5,051,817)                5,103,918 


    Face Amount     
    Covered by     
Options--.0%    Contracts ($)    Value ($) 



Call Options         
Japanese Yen Currency Future         
Nov. 2006 @ 109         
(cost $2,680)    100,000    769 
 
Other Investment--4.7%    Shares    Value ($) 



Registered Investment Company;         
Dreyfus Institutional Preferred         
Plus Money Market Fund         
(cost $250,000)    250,000 e    250,000 
 
Investment of Cash Collateral         
for Securities Loaned--8.0%         



Registered Investment Company;         
Dreyfus Institutional Cash         
Advantage Plus Fund         
(cost $426,438)    426,438 e    426,438 
 
Total Investments (cost $5,730,935)    108.0%    5,781,125 
Liabilities, Less Cash and Receivables    (8.0%)    (426,517) 
Net Assets    100.0%    5,354,608 

a Principal amount stated in foreign currency.
b All or a portion of these securities are on loan. At July 31, 2006, the total market value of the fund's securities
on loan is $420,647 and the total market value of the collateral held by the fund is $426,438.
c Variable rate security--interest rate subject to periodic change.
d Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in
transactions exempt from registration, normally to qualified institutional buyers. At July 31, 2006, these
securities amounted to $45,691 or .9% of net assets.
e Investment in affiliated money market mutual fund.

Securities valuation policies and other investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the Securities and Exchange Commission on Form N-CSR.

  STATEMENT OF OPTIONS WRITTEN
July 31, 2006 (Unaudited)
    Face Amount     
    Covered by     
    Contracts ($)    Value ($) 



Call Options         
Japanese Yen Currency Future         
Nov. 2006 @ 106         
(premiums received $1,650)    100,000    (359) 


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

By:    /s/ Stephen E. Canter 

    Stephen E. Canter 
    President 
Date:    September 15, 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:    September 15, 2006 
 
 
By:    /s/ James Windels 

    James Windels
    Chief Financial Officer 
Date:    September 15, 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)