N-Q 1 formdlft.htm FORM N-Q formdlft
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) 
 
Michael A. Rosenberg, 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:    5/31 

Date of reporting period:    08/31/2007 

     The following Form N-Q relates only to Dreyfus Premier Equity Income Fund, a series of the Registrant, and does not affect the other series of the Registrant, which have different fiscal year ends and, therefore, different Form N-Q reporting requirements. A separate Form N-Q will be filed for those series, as appropriate.


FORM N-Q

Item 1.    Schedule of Investments. 

STATEMENT OF INVESTMENTS     
Dreyfus Premier Equity Income Fund     
August 31, 2007 (Unaudited)         
 
 
Common Stocks--94.4%    Shares    Value ($) 



Consumer Discretionary--8.4%         
Barnes & Noble    200    7,214 
Choice Hotels International    300    11,244 
Family Dollar Stores    200    5,856 
Interactive Data    500    13,670 
J.C. Penney    100    6,876 
McDonald's    300    14,775 
McGraw-Hill Cos.    125    6,307 
NIKE, Cl. B    200    11,268 
Nordstrom    200    9,620 
Snap-On    200    9,796 
Staples    300    7,125 
Walt Disney    600    20,160 
Wolverine World Wide    200    5,258 
        129,169 
Consumer Hard Goods--2.4%         
General Motors    500    15,370 
Harley-Davidson    100    5,379 
Hasbro    300    8,463 
Steelcase, Cl. A    400    7,056 
        36,268 
Consumer Staples--7.4%         
Coca-Cola    500    26,890 
ConAgra Foods    300    7,713 
H.J. Heinz    175    7,891 
Kellogg    100    5,493 
Loews - Carolina Group    150    11,418 
McCormick & Co.    325    11,648 
PepsiCo    300    20,409 
Procter & Gamble    100    6,531 
Reynolds American    250    16,530 
        114,523 
Energy--12.0%         
Chevron    500    43,880 
ConocoPhillips    325    26,614 
Exxon Mobil    775    66,441 
Frontline    325    15,184 
Marathon Oil    250    13,472 
Overseas Shipholding Group    125    8,925 
Valero Energy    150    10,277 
        184,793 
Financial--19.3%         
Aspen Insurance Holdings    300    7,527 
Bank of America    725    36,743 
CapitalSource    400    7,132 
Chubb    300    15,339 
CIT Group    100    3,757 
Citigroup    725    33,988 
Fannie Mae    300    19,683 
Goldman Sachs Group    125    22,001 
Hartford Financial Services Group    125    11,114 
Host Hotels & Resorts    450    10,030 


JPMorgan Chase & Co.    650    28,938 
MCG Capital    500    7,260 
Merrill Lynch & Co.    200    14,740 
MetLife    200    12,810 
Moody's    125    5,731 
People's United Financial    520    9,194 
PNC Financial Services Group    100    7,037 
Regions Financial    200    6,260 
Ventas    200    7,616 
Wachovia    275    13,469 
Washington Mutual    325    11,934 
Whitney Holding    200    5,540 
        297,843 
Health Care--11.3%         
Aetna    300    15,273 
Becton, Dickinson & Co.    100    7,694 
Biovail    225    3,942 
CIGNA    75    3,876 
Humana    200 a    12,818 
Johnson & Johnson    600    37,074 
McKesson    325    18,593 
Merck & Co.    600    30,102 
Pfizer    1,025    25,461 
Quest Diagnostics    125    6,844 
UnitedHealth Group    250    12,502 
        174,179 
Industrial--9.1%         
Equifax    100    3,852 
General Dynamics    225    17,676 
General Electric    800    31,096 
Ingersoll-Rand, Cl. A    225    11,684 
Lockheed Martin    200    19,828 
Norfolk Southern    100    5,121 
Pitney Bowes    325    14,518 
Raytheon    350    21,469 
Waste Management    400    15,068 
        140,312 
Information Technology--12.4%         
Accenture, Cl. A    525    21,635 
ADTRAN    300    8,019 
Analog Devices    150    5,532 
Applied Materials    675    14,418 
FactSet Research Systems    100    5,993 
Hewlett-Packard    375    18,506 
Imation    175    5,091 
Infosys Technologies, ADR    250    11,928 
International Business Machines    100    11,669 
Linear Technology    200    6,798 
Maxim Integrated Products    250    7,503 
Microchip Technology    275    10,593 
Microsoft    625    17,956 
Motorola    600    10,170 
Nokia, ADR    400    13,152 
QUALCOMM    300    11,967 
Texas Instruments    275    9,416 
        190,346 
Materials--3.4%         
Ashland    200    11,958 


Dow Chemical    400        17,052 
International Paper    300        10,533 
Nucor    125        6,613 
Wausau Paper    500        5,615 
            51,771 
Telecommunication Services--4.2%             
AT & T    750        29,903 
BCE    300        11,460 
Bell Aliant Regional (Units)    23    a,b    0 
Citizens Communications    600        8,706 
Windstream    1,000        14,280 
            64,349 
Utilities--4.5%             
Atmos Energy    375        10,541 
Duke Energy    500        9,170 
OGE Energy    75        2,529 
PG & E    275        12,238 
Pinnacle West Capital    300        11,952 
Puget Energy    300        6,999 
Sempra Energy    150        8,254 
UGI    300        7,665 
            69,348 
 
Total Investments (cost $1,327,460)    94.4%        1,452,901 
Cash and Receivables (Net)    5.6%        86,419 
Net Assets    100.0%        1,539,320 

ADR - American Depository Receipts 
a    Non-income producing security. 
b    Security exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in 
    transactions exempt from registration, normally to qualified institutional buyers. At August 31, 2007, this security 
    amounted to $0 or 0.0% of net assets. 

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.


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.

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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/ J. David Officer 
    J. David Officer 
    President
 
Date:    October 23, 2007 

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/ J. David Officer 
    J. David Officer 
    President
 
Date:    October 23, 2007 

By:    /s/ James Windels 
    James Windels 
    Treasurer
 
Date:    October 23, 2007 

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)

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