N-Q 1 form.htm FORM N-Q form.htm - Generated by SEC Publisher for SEC Filing

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:  10/31   
Date of reporting period:  01/31/09   

     The following Form N-Q relates only to the Registrant’s series listed below 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.

  Dreyfus International Bond Fund
Dreyfus 130/30 Growth Fund
Dreyfus Global Equity Income Fund

FORM N-Q

Item 1. Schedule of Investments.

STATEMENT OF INVESTMENTS           
Dreyfus International Bond Fund           
January 31, 2009 (Unaudited)           
    Coupon  Maturity  Principal   
Bonds and Notes--97.9%    Rate (%)  Date  Amount ($)  Value ($) 
Australia--3.4%           
Queensland Treasury,           
               Gov't Notes, Ser. 13G  AUD  6.00  8/14/13  2,700,000 a  1,845,784 
Belgium--1.4%           
Belgium Kingdom,           
               Bonds, Ser. 41  EUR  4.25  9/28/13  450,000 a  599,217 
Belgium Kingdom,           
               Bonds, Ser. 40  EUR  5.50  9/28/17  95,000 a  133,342 
Belgium Kingdom,           
               Bonds, Ser. 44  EUR  5.00  3/28/35  30,000 a  40,600 
          773,159 
Brazil--2.2%           
Federal Republic of Brazil,           
               Sr. Unscd. Bonds  BRL  10.25  1/10/28  1,900,000 a  746,282 
Federal Republic of Brazil,           
               Unsub. Bonds  BRL  12.50  1/5/16  1,075,000 a  486,530 
          1,232,812 
Canada--1.6%           
Province of Ontario Canada,           
               Notes  CAD  4.50  12/2/12  460,000 a  399,083 
Trans-Canada Pipelines,           
               Sr. Unscd. Notes    7.63  1/15/39         490,000  511,508 
          910,591 
France--2.3%           
GDF Suez,           
               Sr. Unscd. Notes  EUR  6.25  1/24/14  85,000 a  116,764 
Government of France,           
               Bonds  EUR  4.25  10/25/18  480,000 a  635,139 
Government of France,           
               Bonds  EUR  4.75  4/25/35  140,000 a  193,938 
Societe Generale,           
               Sub. Notes  EUR  6.13  8/20/18  150,000 a  194,773 

Societe Generale,           
               Sr. Unscd. Notes  EUR  5.25  3/28/13  100,000 a  131,669 
          1,272,283 
Germany--14.8%           
Bundesobligation,           
               Bonds, Ser. 144  EUR  3.25  4/17/09  100,000 a  128,283 
Bundesrepublik Deutschland,           
               Bonds, Ser. 05  EUR  3.50  1/4/16  475,000 a  627,286 
Bundesrepublik Deutschland,           
               Bonds, Ser. 5  EUR  4.00  1/4/37  560,000 a  722,075 
Bundesrepublik Deutschland,           
               Bonds, Ser. 03  EUR  4.50  1/4/13  250,000 a  346,220 
Bundesrepublik Deutschland,           
               Bonds, Ser. 06  EUR  4.00  7/4/16  525,000 a  711,516 
Bundesrepublik Deutschland,           
               Bonds, Ser.03  EUR  4.25  1/4/14  1,690,000 a  2,338,943 
Bundesrepublik Deutschland,           
               Bonds, Ser. 03  EUR  4.75  7/4/34  50,000 a  70,565 
Bundesrepublik Deutschland,           
               Bonds, Ser. 03  EUR  4.75  7/4/34  1,315,000 a  1,855,869 
Bundesrepulbik Deutschland,           
               Bonds, Ser. 07  EUR  4.25  7/4/17  480,000 a  662,669 
KFW,           
               Gov't Gtd. Notes  JPY  2.05  2/16/26  3,000,000 a  31,998 
KFW,           
               Gov't Gtd. Notes  NZD  6.50  11/15/11  1,130,000 a  615,774 
          8,111,198 
Italy--4.7%           
Atlantia,           
               Gtd. Notes  EUR  4.01  6/9/11   100,000 a,b  121,562 
Buoni Poliennali del Tesoro,           
               Bonds  EUR  4.25  8/1/14  145,000 a  190,986 
Buoni Poliennali del Tesoro,           
               Bonds  EUR  4.50  2/1/18  1,245,000 a  1,598,980 
Buoni Poliennali del Tesoro,           
               Bonds  EUR  4.50  8/1/18  530,000 a  676,587 
          2,588,115 

Japan--19.9%           
Development Bank of Japan,           
               Gov't Gtd. Notes  JPY  1.05  6/20/23  34,000,000 a  332,465 
Development Bank of Japan,           
               Gov't. Gtd. Bonds  JPY  1.40  6/20/12  8,000,000 a  91,385 
Development Bank of Japan,           
               Gov't. Gtd. Bonds  JPY  1.70  9/20/22  24,000,000 a  255,240 
Japan Finance for Municipal Enterprises,           
               Gov't Gtd. Notes  JPY  1.35  11/26/13  11,000,000 a  124,683 
Japan Finance for Municipal Enterprises,           
               Gov't. Gtd. Bonds  JPY  1.55  2/21/12  6,000,000 a  68,231 
Japan Government,           
               Bonds, Ser. 275  JPY  1.40  12/20/15  78,000,000 a  899,569 
Japan Government,           
               Bonds, Ser. 288  JPY  1.70  9/20/17  221,500,000 a  2,590,967 
Japan Government,           
               Bonds, Ser. 11  JPY  1.70  6/20/33  209,600,000 a  2,197,066 
Japan Government,           
               Bonds, Ser. 64  JPY  1.90  9/20/23  199,500,000 a  2,274,582 
Japan Government,           
               Bonds, Ser. 8  JPY  1.00  6/10/16  210,000,000 a  2,089,007 
          10,923,195 
Luxembourg--.3%           
Telecom Italia Capital,           
               Gtd. Notes    7.00  6/4/18  155,000  143,767 
Mexico--4.5%           
Mexican Bonos,           
               Bonds, Ser. M10  MXN  7.75  12/14/17  35,160,000 a  2,459,215 
Netherlands--3.0%           
E.ON International Finance,           
               Gtd. Notes  EUR  5.50  10/2/17  20,000 a  25,941 
Netherlands Government,           
               Bonds  EUR  4.50  7/15/17  800,000 a  1,070,474 
Netherlands Government,           
               Bonds  EUR  4.00  1/15/37  270,000 a  334,330 
Repsol International Finance,           
               Gtd. Notes  EUR  4.63  10/8/14  15,000 a  17,667 

Shell International Finance,           
               Gtd. Notes    6.38  12/15/38  170,000  178,231 
          1,626,643 
Norway--.1%           
DNB Nor Bank,           
               Sub. Notes  EUR  4.59  5/30/17  50,000 a,b  52,091 
South Korea--.2%           
Export-Import Bank of Korea,           
               Sr. Unscd. Notes  EUR  5.75  5/22/13  100,000 a  115,018 
Spain--.4%           
Santander International,           
               Bank Gtd. Notes  EUR  5.63  2/14/12  100,000 a  130,290 
Telefonica Emisiones,           
               Gtd. Notes    1.83  6/19/09  90,000 b  89,149 
          219,439 
Supranational--2.0%           
European Investment Bank,           
               Sr. Unscd. Bonds  JPY  1.40  6/20/17  38,600,000 a  418,594 
European Investment Bank,           
               Sr. Unscd. Notes  NZD  7.00  1/18/12  1,200,000 a  671,325 
          1,089,919 
Sweden--.1%           
Swedish Government,           
               Bonds, Ser. 1050  SEK  3.00  7/12/16  550,000 a  66,369 
United Kingdom--9.6%           
BAT Internaltional Finance PLC,           
               Gtd. Notes  EUR  5.38  6/29/17  130,000 a  148,028 
BP Capital Markets,           
               Sr. Unscd. Notes    5.25  11/7/13  245,000  260,540 
Diageo Capital,           
               Gtd. Notes    7.38  1/15/14  165,000  181,140 
National Grid,           
               Sr. Unscd. Notes    6.30  8/1/16  10,000  8,968 
Northern Rock,           
               Sub. Notes  GBP  5.63  1/13/15  65,000 a,b  56,047 
SABMiller,           
               Gtd. Notes    4.18  7/1/09  10,000 b,c  9,981 

United Kingdom Gilt,           
               Bonds  GBP  4.25  3/7/36  680,000 a  949,096 
United Kingdom Gilt,           
               Bonds  GBP  5.00  9/7/14  845,000 a  1,359,778 
United Kingdom Gilt,           
               Bonds  GBP  4.25  3/7/11  340,000 a  520,744 
United Kingdom Gilt,           
               Bonds  GBP  4.25  6/7/32  230,000 a  318,474 
United Kingdom Gilt,           
               Bonds  GBP  4.50  3/7/19  390,000 a  592,741 
United Kingdom Gilt,           
               Bonds  GBP  4.75  6/7/10  140,000 a  212,927 
United Kingdom Gilt,           
               Bonds  GBP  8.00  9/27/13  365,000 a  654,459 
          5,272,923 
United States--27.4%           
Anheuser-Busch InBev Worldwide,           
               Gtd. Notes    8.20  1/15/39  260,000 c  262,739 
Appalachian Power,           
               Sr. Unscd. Notes    7.00  4/1/38  95,000  88,307 
AT&T,           
               Notes    5.80  2/15/19  270,000  270,624 
AT&T,           
               Sr. Unscd. Notes    6.40  5/15/38  110,000  109,224 
AT&T,           
               Sr. Unscd. Notes    6.70  11/15/13  100,000  108,079 
AT&T,           
               Sr. Unscd. Notes  EUR  6.13  4/2/15   50,000 a  62,545 
Baker Hughes,           
               Sr. Unscd. Notes    7.50  11/15/18  165,000  182,887 
Bank of America,           
               Sub. Notes  EUR  4.00  3/28/18  250,000 a,b  243,283 
Bank of America,           
               Sr. Unscd. Notes    4.90  5/1/13  275,000  262,806 
Burlington North Santa Fe,           
               Sr. Unscd. Notes    7.00  2/1/14  175,000  185,654 
Case New Holland,           

               Gtd. Notes    7.13  3/1/14   151,000  110,230 
Chesapeake Energy,           
               Gtd. Notes    7.50  9/15/13   120,000  110,400 
Citigroup,           
               Sr. Unscd. Notes  EUR  6.40  3/27/13       75,000 a  92,097 
Coca-Cola Enterprises,           
               Sr. Unscd. Notes    7.38  3/3/14   235,000  270,057 
ConocoPhillips,           
               Gtd. Notes    5.75  2/1/19   200,000  198,652 
Countrywide Financial,           
               Gtd. Notes    1.69  3/24/09       80,000 b  79,893 
Coventry Health Care,           
               Sr. Unscd. Notes    5.95  3/15/17       15,000  9,304 
Delhaize Group,           
               Sr. Unscd. Notes    6.50  6/15/17       10,000  9,832 
E.I. Du Pont de Nemours,           
               Sr. Unscd. Notes    5.88  1/15/14   255,000  272,870 
Echostar DBS,           
               Gtd. Notes    7.13  2/1/16   125,000  115,625 
Entergy Gulf State of Louisiana,           
               First Mortgage Notes    6.00  5/1/18   120,000 c  108,728 
Federal Home Loan           
               Mortgage Corp.    5.50  5/1/38   683,023 d  699,541 
Federal Home Loan           
               Mortgage Corp.    4.50  3/12/39  1,030,000 d,e  1,033,541 
Federal National           
               Mortgage Association    5.50  4/1/38   338,747 d  347,084 
Federal National           
               Mortgage Association    5.00  2/1/34  1,890,000 d,e  1,921,599 
Fresenius US Finance II,           
               Sr. Unscd. Notes    9.00  7/15/15   105,000 c,f  106,050 
General Electric Capital,           
               Sr. Unscd. Notes    5.88  1/14/38   630,000  502,562 
General Electrical Capital,           
               Sr. Unscd. Notes  JPY  2.00  2/22/17  7,000,000 a  62,526 
Georgia Power,           
               Sr. Unscd. Notes    6.00  11/1/13   155,000  168,348 

GMAC Commercial Mortgage Securities,           
               Ser. 2003-C3, Cl. A2    4.22  4/10/40         66,382  64,832 
GMAC Commercial Mortgage Securities,           
               Ser. 2002-C2, Cl. A2    5.39  10/15/38       122,701  120,297 
Goldman Sachs Mortgage Securities Corporation II,           
               Ser. 2007-EOP, Cl. L    1.73  3/20/20         25,000 b,c  15,000 
Government National Mortgage Association I:           
               Ser. 2004-23, Cl. B, 2.95%,               19,252  19,224 
               3/16/19           
               Ser. 2006-68, Cl. A, 3.89%,               23,476  23,660 
               7/16/26           
               Ser. 2006-67, Cl. A, 3.95%,               49,640  50,073 
               11/16/30           
               Ser. 2005-76, Cl. A, 3.96%,               32,484  32,765 
               5/16/30           
               Ser. 2005-79, Cl. A, 4.00%,               24,079  24,276 
               10/16/33           
               Ser. 2007-34, Cl. A, 4.27%,               23,795  24,059 
               11/16/26           
IBM,           
               Sr. Unscd. Notes    8.00  10/15/38       100,000  125,822 
IBM,           
               Notes  EUR  6.63  1/30/14       400,000 a  550,877 
Ipalco Enterprises,           
               Sr. Scd. Notes    7.25  4/1/16         40,000 c  37,200 
JPMorgan Chase,           
               Sr. Unscd. Notes    4.75  5/1/13       275,000  273,132 
JPMorgan Chase,           
               Sr. Unscd. Notes  EUR  5.25  5/8/13       200,000 a  254,551 
Kentucky Power,           
               Sr. Unscd. Notes    6.00  9/15/17         30,000 c  27,954 
KFW,           
               Gov't Gtd. Bonds  JPY  1.75  3/23/10  21,000,000 a  236,899 
Lamar Media,           
               Gtd. Notes    6.63  8/15/15         67,000 f  50,585 
Merrill Lynch Mortgage Trust,           
               Ser. 2005-CIP1, Cl. A2    4.96  7/12/38       135,000  127,167 

Metropolitan Life Global Funding I,         
               Sr. Scd. Notes  5.13  4/10/13  100,000 c  95,798 
Morgan Stanley Capital I,         
               Ser. 2006-IQ12, Cl. A1  5.26  12/15/43   17,598  16,948 
Mosaic,         
               Sr. Unscd. Notes  7.38  12/1/14  165,000 b,c  158,584 
NiSource Finance,         
               Gtd. Notes  2.72  11/23/09   10,000 b  9,449 
Norfolk Southern,         
               Sr. Unscd. Notes  5.75  1/15/16  170,000 c  167,592 
Norfolk Southern,         
               Sr. Unscd. Notes  5.75  4/1/18   30,000  28,960 
NYSE Euronext,         
               Sr. Unscd. Notes  4.80  6/28/13  160,000  155,746 
Occidental Petroleum,         
               Sr. Unscd. Notes  7.00  11/1/13  145,000  159,108 
Pacific Gas & Electric,         
               Sr. Unscd. Notes  8.25  10/15/18  110,000  136,056 
Pacific Life Global Funding,         
               Notes  5.15  4/15/13  115,000 c  107,248 
Peabody Energy,         
               Gtd. Notes, Ser. B  6.88  3/15/13  110,000  107,800 
Pepsico,         
               Sr. Unscd. Notes  7.90  11/1/18  145,000  180,144 
Philip Morris International,         
               Sr. Unscd. Notes  6.88  3/17/14  165,000  180,954 
Philip Morris International,         
               Sr. Unscd Notes  5.65  5/16/18  135,000  135,325 
Potomac Electric Power,         
               Sr. Scd. Bonds  6.50  11/15/37   90,000  88,801 
Prologis,         
               Sr. Unscd. Notes  6.63  5/15/18  145,000  76,185 
PSEG Power,         
               Gtd. Notes  7.75  4/15/11   15,000  15,491 
Reed Elsevier Capital,         
               Gtd. Notes  4.63  6/15/12  170,000  151,812 
Reed Elsevier Capital,         

               Gtd. Notes  8.63  1/15/19  135,000  135,614 
Residential Asset Mortgage Products,         
               Ser. 2006-RS4, Cl. A2  0.50  7/25/36  125,000 b  116,983 
Sovereign Bancorp,         
               Sr. Unscd. Notes  1.73  3/23/10  10,000 b  9,062 
Sprint Capital,         
               Gtd. Notes  6.88  11/15/28  65,000  36,960 
Staples,         
               Sr. Unscd. Notes  9.75  1/15/14  85,000  90,493 
Terex,         
               Gtd. Notes  7.38  1/15/14  120,000  105,000 
Time Warner Cable,         
               Gtd. Notes  8.75  2/14/19  165,000  184,051 
Time Warner,         
               Gtd. Notes  2.41  11/13/09  10,000 b  9,772 
U.S. Treasury Bonds         
               5.38%, 2/15/31      270,000 f  327,713 
U.S. Treasury Notes:         
               3.13%, 9/30/13      25,000  26,527 
               3.88%, 2/15/13      255,000 f  278,827 
Union Pacific,         
               Sr. Unscd. Notes  7.88  1/15/19  160,000  177,596 
Verizon Communications,         
               Sr. Unscd. Notes  6.10  4/15/18  20,000  20,323 
Verizon Communications,         
               Bonds  6.90  4/15/38  30,000  31,545 
Verizon Communications,         
               Sr. Unscd. Notes  8.75  11/1/18  115,000  134,175 
Verizon Communications,         
               Sr. Unscd. Notes  8.95  3/1/39  120,000  148,250 
Verizon Wireless Capital,         
               Sr. Unscd. Notes  8.50  11/15/18  200,000 c  229,854 
Virginia Electric & Power,         
               Sr. Unscd. Notes  8.88  11/15/38  190,000  245,897 
Wachovia Bank Commercial Mortgage Trust,         
               Ser. 2005-C16, Cl. A2  4.38  10/15/41  138,779  133,953 
Wachovia,         

               Sr. Unscd. Notes  3.63  2/17/09  55,000  55,004 
Wachovia,         
               Sr. Unscd. Notes  4.38  6/1/10  115,000  115,898 
Walgreen,         
               Sr. Unscd. Notes  5.25  1/15/19  140,000  140,371 
Wells Fargo,         
               Sr. Unscd. Notes  4.38  1/31/13  275,000  267,924 
Willis North America,         
               Gtd. Notes  6.20  3/28/17  15,000  10,379 
        15,057,632 
Total Bonds and Notes         
               (cost $55,659,301)        53,760,153 
 
Short-Term Investments--1.0%         
U.S. Treasury Bills         
               0.01%, 2/5/09         
               (cost $534,999)       535,000 g  534,998 
 
Other Investment--5.6%      Shares  Value ($) 
Registered Investment Company;         
Dreyfus Institutional Preferred Plus Money Market Fund         
               (cost $3,097,000)      3,097,000 h  3,097,000 
 
Investment of Cash Collateral for Securities Loaned--1.5%         
Registered Investment Company;         
Dreyfus Institutional Cash Advantage Fund         
               (cost $795,753)       795,753 h  795,753 
 
Total Investments (cost $60,087,053)      106.0%  58,187,904 
Liabilities, Less Cash and Receivables      (6.0%)  (3,287,647) 
Net Assets      100.0%  54,900,257 

a      Principal amount stated in U.S. Dollars unless otherwise noted. AUD--Australian Dollar BRL--Brazilian Real CAD--Canadian Dollar EUR--Euro
GBP--British Pound 
JPY--Japanese Yen 
MXN--Mexican New Peso 
NZD--New Zealand Dollar 
SEK--Swedish Krona 

b      Variable rate security--interest rate subject to periodic change.
c      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 January 31, 2009, these securities amounted to $1,326,728 or 2.4% of net assets.
d      On September 7, 2008, the Federal Housing Finance Agency (FHFA) placed Federal National Mortgage Association and Federal Home Loan Mortgage Corporation into conservatorship with FHFA as the conservator. As such, the FHFA will oversee the continuing affairs of these companies.
e      Purchased on a forward commitment basis.
f      All or a portion of these securities are on loan. At January 31, 2009, the total market value of the fund's securities on loan is $763,174 and the total market value of the collateral held by the fund is $795,753.
g      All or partially held by a broker as collateral for open financial futures positions.
h      Investment in affiliated money market mutual fund.

At January 31, 2009, the aggregate cost of investment securities for income tax purposes was $60,087,053.

Net unrealized depreciation on investments was $1,899,149 of which $2,383,675 related to appreciated investment securities

and $4,282,824 related to depreciated investment securities.

  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 FINANCIAL FUTURES
January 31, 2009

        Unrealized 
    Market Value    Appreciation/ 
    Covered by    (Depreciation) 
  Contracts  Contracts ($)  Expiration  at 1/31/2009 ($) 
Financial Futures Short         
U.S. Treasury 5 Year Notes  11  (1,299,891)  March 2009  (1,643) 
U.S. Treasury 10 Year Notes  29  (3,557,484)  March 2009  (178,653) 
U.S. Long Bonds  24  (3,040,875)  March 2009  5,052 
Financial Futures Long         
Euro-Bobl  22  3,256,155  March 2009  (69) 
Euro Bund 10 Year  19  2,976,953  March 2009  (53,979) 
Australian 3 Year  23  1,590,256  March 2009  16,636 
10 Year Long Gilt  3  510,492  March 2009  5,632 
        (207,024) 

100-715-15         
 
        Unrealized 
  Foreign      Appreciation/ 
Forward Currency  Currency      Depreciation 
   Exchange Contracts  Amounts  Cost ($)  Value ($)  at 1/31/2009 ($) 
Buys:         
Canadian Dollar,         
 Expiring 2/20/2009  1,000,000  843,497  815,317  (28,180) 
Euro,         
 Expiring 2/20/2009  3,035,000  4,092,034  3,884,800  (207,234) 
Japanese Yen,         
 Expiring 2/20/2009  1,091,640,000  11,990,981  12,155,868  164,887 
Malaysian Ringgit,         
 Expiring 3/26/2009  1,620,000  508,235  448,361  (59,874) 
Swedish Krona,         
 Expiring 2/20/2009  10,890,000  1,327,554  1,301,164  (26,390) 
 
 
Sells:         
Australian Dollar,  (2,775,000)  1,856,474  (1,760,520)  95,954 
 Expiring 2/20/2009         
Brazilian Real,         
 Expiring 2/20/2009  (2,690,000)  1,149,542  (1,152,115)  (2,573) 
Euro,         
 Expiring 2/02/2009  (1,902)  2,495  (2,435)  59 
British Pound,         
 Expiring 2/20/2009  (1,105,000)  1,590,893  (1,600,833)  (9,940) 
Mexican New Peso,         
 Expiring 2/20/2009  (35,460,000)  2,550,549  (2,457,144)  93,405 
Malaysian Ringgit,         
 Expiring 3/26/2009  (1,620,000)  517,986  (448,361)  69,624 
New Zealand Dollar,         
 Expiring 2/20/2009  (2,785,000)  1,625,069  (1,411,579)  213,490 
Singapore Dollar,         
 Expiring 2/20/2009  (800,000)  537,815  (529,782)  8,033 
Thai Bat,         
 Expiring 2/20/2009  (32,840,000)  939,897  (936,439)  3,458 

New Taiwan Dollar,         
 Expiring 7/20/2009  (35,500,000)  1,063,511  (1,053,686)  9,825 
 
Total        324,544 

Various inputs are used in determining the value of the fund's investments relating to Financial Accounting Standard No. 157 (FAS 157), 
           Fair Value Measurements. 
           These inputs are summarized in the three broad levels listed below. 
           Level 1 - quoted prices in active markets for identical securities. 
           Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, 
           credit risk, etc.) 
           Level 3 - significant unobservable inputs (including fund's own assumptions in determining the fair value of investments). 
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing 
in those securities. 
The following is a summary of the inputs used as of January 31, 2009 in valuing the fund's investments carried 
           at fair value: 

                                         Valuation Inputs  Investments in Securities ($)  Other Financial Instruments* ($) 
Level 1 - Quoted Prices  3,892,753  (207,024) 
Level 2 - Other Significant Observable Inputs  54,295,151  808,321 
Level 3 - Significant Unobservable Inputs  0  0 
Total  58,187,904  601,297 

*Other financial instruments include derivative instruments, such as futures, forward currency exchange contracts and swap contracts, which are valued at the unrealized appreciation (depreciation) on the instrument.

 
              Unrealized 
    Notional  Reference    (Pay) /Receive    Appreciation 
PORTFOLIO_ID  SECURITY_ID  Amount ($)  Entity     Counterparty  Fixed Rate (%)  Expriration  (Depreciation) ($) 
10071515  9CDXH11B4  495,000  Dow Jones CDX.NA.IG.11 Index  Barclays                           5.00  12/20/2013  (34,689) 
10071515  9ITRXJP24  2,650,000  iTRAXX Europe Senior Financials Series 10  JP Morgan  (2.20) 12/20/2013  (6,943) 
              (41,632) 

              Unrealized 
    Notional  Reference    (Pay) /Receive    Appreciation 
PORTFOLIO_ID  SECURITY_ID  Amount ($)  Entity     Counterparty  Fixed Rate (%) Expriration (Depreciation) ($) 
10071515  9IRSAUD50  1,925,000  AUD - 6 Month Libor  JP Morgan                           4.76  11/24/2013  50,171 
10071515  9IRSGBPI5  740,000  GBP - 6 Month Libor  JP Morgan                           5.03  4/4/2013  85,680 
10071515  9IRSGBPK0  1,340,000  GBP - 6 Month Libor  JP Morgan                           6.30  6/18/2011  181,582 
10071515  9IRSJPAT3  14,200,000  JPY - 6 Month Yenibor  JP Morgan                           1.67  12/7/2017  6,655 
10071515  9IRSJPXA9  33,000,000  JPY - 6 Month Yenibor  JP Morgan                           1.36  1/19/2012  5,821 
10071515  9IRSJPYJ9  27,000,000  JPY - 6 Month Yenibor  JP Morgan                           2.08  7/28/2016  21,447 
10071515  9IRSNZD55  370,000  NZD - 3 Month Libor  Morgan Stanley                           7.88  5/18/2010  11,034 
10071515  9IRSNZDA4  120,000  NZD - 3 Month Libor  JP Morgan                           8.05  6/21/2012  8,474 
10071515  9IRSNZDH9  1,625,000  NZD - 6 Month Libor  Barclays                           7.58  5/1/2013  122,591 
10071515  9IRSNZDR7  850,000  NZD - 6 Month Libor  JP Morgan                           5.54  11/24/2013  31,954 
              525,409 

STATEMENT OF INVESTMENTS     
Dreyfus 130/30 Fund     
January 31, 2009 (Unaudited)     
 
 
Common Stocks--128.5%  Shares  Value ($) 
Computers--5.4%     
Apple       370 a,b  33,348 
Microsoft     3,630 b  62,073 
    95,421 
Consumer Discretionary--16.3%     
Big Lots     1,074 a,b  14,445 
Burger King Holdings         100  2,225 
Coach         418 a,b  6,103 
Comcast, Cl. A         337  4,937 
DIRECTV Group         186 a,b  4,073 
Expedia         200 a  1,786 
GameStop, Cl. A         270 a,b  6,691 
Gannett     1,900  10,963 
Gap     1,970 b  22,222 
Genuine Parts         600 b  19,212 
Guess?         700 b  11,263 
H & R Block         140  2,902 
Harman International Industries         50 b  805 
Hasbro         200  4,826 
Interpublic Group of Cos.         699 a,b  2,328 
Johnson Controls         600  7,506 
Liz Claiborne     1,650  3,630 
McDonald's         850 b  49,317 
News, Cl. A         250  1,598 
NIKE, Cl. B         150 b  6,788 
Omnicom Group     1,100 b  28,479 
Polo Ralph Lauren          84 b  3,447 
Priceline.com         145 a,b  9,728 
Service Corporation International         567 b  2,580 
Snap-On         680 b  20,522 
Strayer Education         100 b  21,643 

Time Warner  84 b  784 
WABCO Holdings  408 b  6,100 
Wyndham Worldwide  600 b  3,678 
Yum! Brands  300 b  8,586 
    289,167 
Consumer Staples--13.5%     
Altria Group  685 b  11,330 
Avon Products  1,370 b  28,016 
Bunge  434 b  18,636 
Coca-Cola  100 b  4,272 
Colgate-Palmolive  300 b  19,512 
ConAgra Foods  1,330 b  22,743 
Dean Foods   300 a,b  5,802 
General Mills  200 b  11,830 
H.J. Heinz  90  3,285 
Kimberly-Clark  217 b  11,169 
Lorillard  40  2,378 
McCormick & Co.  150 b  4,806 
Philip Morris International  873 b  32,432 
Safeway  900 b  19,287 
Sara Lee  1,139 b  11,424 
Wal-Mart Stores  670 b  31,570 
Walgreen  68 b  1,864 
    240,356 
Energy--10.7%     
Alpha Natural Resources   200 a,b  3,264 
Diamond Offshore Drilling  100  6,276 
Dresser-Rand Group  1,100 a,b  21,428 
Foundation Coal Holdings  100 b  1,622 
Massey Energy  821 b  12,463 
Murphy Oil  399 b  17,628 
Newfield Exploration  300 a  5,757 
Noble  200  5,430 
Occidental Petroleum  610 b  33,276 
Overseas Shipholding Group  400 b  14,280 
Peabody Energy  700 b  17,500 
Pioneer Natural Resources  500 b  7,320 

Plains Exploration & Production  281 a,b  5,935 
Quicksilver Resources  340 a  2,356 
Southwestern Energy  1,110 a,b  35,132 
Valero Energy  38  917 
    190,584 
Financial--10.0%     
Allied Capital  600 b  936 
American Capital  1,300  3,718 
AON  300 b  11,115 
Arch Capital Group  100 a,b  6,015 
Assurant  20 b  528 
Astoria Financial  1,150 b  10,442 
Charles Schwab  1,800 b  24,462 
Erie Indemnity, Cl. A  171 b  6,062 
Genworth Financial, Cl. A  1,940 b  4,501 
Goldman Sachs Group  19  1,534 
Hartford Financial Services Group  130  1,711 
Hudson City Bancorp  2,036 b  23,618 
Loews  1,118 b  27,279 
Moody's  400 b  8,568 
Morgan Stanley  29  587 
Nasdaq OMX Group  355 a,b  7,746 
Northern Trust  143 b  8,225 
NYSE Euronext  500 b  11,000 
Protective Life  500  4,140 
Simon Property Group  100 b  4,298 
State Street  200 b  4,654 
Transatlantic Holdings  100  3,215 
XL Capital, Cl. A  1,200 b  3,480 
    177,834 
Health Care--24.2%     
Abbott Laboratories  600 b  33,264 
AmerisourceBergen  300 b  10,896 
Baxter International  730 b  42,814 
Becton, Dickinson & Co.  500 b  36,335 
Biogen Idec  125 a,b  6,081 
Bristol-Myers Squibb  2,090 b  44,747 

Celgene   192 a,b  10,166 
Eli Lilly & Co.   300 b  11,046 
Endo Pharmaceuticals Holdings   838 a,b  18,830 
Express Scripts   300 a  16,128 
Genentech   192 a,b  15,598 
Genzyme   100 a,b  6,892 
Gilead Sciences   300 a,b  15,231 
Henry Schein   500 a  18,715 
Humana   309 a,b  11,720 
Life Technologies   230 a  5,856 
McKesson   400 b  17,680 
Medco Health Solutions   400 a,b  17,972 
Medtronic  1,120 b  37,509 
Merck & Co.   271 b  7,737 
Pfizer  1,320 b  19,246 
Varian Medical Systems   700 a  25,991 
    430,454 
Industrial--17.7%     
AGCO   200 a  4,256 
Alliant Techsystems   100 a  8,081 
Burlington Northern Santa Fe   100 b  6,625 
Cooper Industries, Cl. A   260 b  6,996 
Corporate Executive Board   600 b  12,120 
CSX   631 b  18,273 
Dover   100  2,828 
First Solar   103 a,b  14,708 
Flowserve   512 b  27,295 
Fluor   150 b  5,835 
Foster Wheeler   300 a,b  5,991 
General Dynamics   517 b  29,329 
Goodrich   582 b  22,500 
Honeywell International   250 b  8,203 
Hubbell, Cl. B  93 b  2,883 
KBR   500  7,080 
Kirby   699 a,b  16,762 
L-3 Communications Holdings   252 b  19,913 
Manitowoc   700 b  3,850 

Northrop Grumman   200 b  9,624 
Pitney Bowes   100 b  2,226 
Quanta Services   500 a,b  10,690 
Raytheon   300 b  15,186 
Shaw Group   300 a,b  8,340 
Tyco International   850 b  17,867 
Union Pacific   495 b  21,676 
United Parcel Service, Cl. B  65  2,762 
Waste Management   100 b  3,119 
    315,018 
Information Technology--24.2%     
Automatic Data Processing   470 b  17,075 
BMC Software   800 a,b  20,264 
Brocade Communications Systems  3,418 a,b  13,022 
CA  1,730 b  31,122 
Cisco Systems  1,299 a,b  19,446 
Corning   200  2,022 
Cree   400 a  7,972 
Diebold   200 b  4,956 
Fiserv   200 a  6,350 
Genpact  1,900 a  15,561 
Google, Cl. A  10 a  3,385 
Hewlett-Packard  1,750 b  60,813 
Integrated Device Technology  1,945 a,b  11,164 
Intel  2,400 b  30,960 
International Business Machines   478 b  43,809 
JDS Uniphase  2,900 a,b  10,527 
Juniper Networks   785 a,b  11,116 
LSI  2,400 a  7,632 
MasterCard, Cl. A   100  13,578 
MEMC Electronic Materials   298 a,b  4,053 
NCR  1,611 a,b  20,218 
Nuance Communications  1,700 a  16,762 
Oracle   500 a,b  8,415 
Silicon Laboratories   700 a,b  16,121 
Sohu.com   539 a,b  21,317 
Trimble Navigation   120 a  1,778 

VeriSign         300 a  5,793 
Visa, Cl. A  79  3,899 
Xerox         190 b  1,262 
    430,392 
Materials--5.0%     
Airgas         300 b  10,593 
Alcoa         200  1,558 
Monsanto         570 b  43,354 
Mosaic         272 b  9,702 
Newmont Mining         237 b  9,428 
Rohm & Haas  49  2,704 
Sealed Air         300  4,065 
Temple-Inland         600  3,402 
Terra Industries         153  3,133 
United States Steel  50  1,502 
    89,441 
Telecommunication Services--1.0%     
Qwest Communications International         329 b  1,059 
Windstream  1,868 b  16,214 
    17,273 
Utilities--.5%     
AES         300 a  2,373 
DPL         144  3,103 
NRG Energy         100 a,b  2,336 
    7,812 
 
Total Investments (cost $3,204,356)  128.5%  2,283,752 
Liabilities, Less Cash and Receivables  (28.5%)  (506,245) 
Net Assets  100.0%  1,777,507 

a      Non-income producing security.
b      Partially held by a broker as collateral for open short positions.

At January 31, 2009, the aggregate cost of investment securities for income tax purposes was $2,494,519.

Net unrealized depreciation on investments was $722,025 of which $243,425 related to appreciated investment securities and $965,450 related to depreciated investment securities.

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 SECURITIES SOLD SHORT       
January 31, 2009 (Unaudited)       
 
Common Stocks--28.7%  Shares    Value ($ 
Consumer Discretionary--2.5%       
Abercrombie & Fitch, Cl. A  140    2,499 
American Eagle Outfitters  600    5,406 
Clear Channel Outdoor Holdings, Cl. A             2,999 a  15,535 
CTC Media               500 a  1,725 
Gentex Corp  773    6,485 
Office Depot            4,827 a  10,426 
Starwood Hotels & Resorts Worldwide  214    3,236 
      45,312 
 
Consumer Staples--2.1%       
Clorox  177    8,877 
Hormel Foods  787    23,476 
Smithfield Foods  400  a  4,748 
      37,101 
 
Energy--1.3%       
BJ Services  100    1,100 
Continental Resources  356  a  7,359 
Hercules Offshore  2,484  a  9,240 
Patterson-UTI Energy  700    6,692 
      24,391 
 
Financial--4.7%       
BB&T Corp  100    1,979 
Cincinnati Financial  466    10,219 
City National Corp  100    3,461 
Eaton Vance  200    3,828 
Fidelity National Financial, Cl. A  1,470    21,491 
First American  590    12,886 
First Horizon National  600    5,712 

Janus Capital Group  281    1,475 
Lazard, Cl. A  180    4,770 
People's United Financial  300    4,908 
Synovus Financial  2,400    9,504 
T Rowe Price Group  101    2,786 
      83,019 
 
Health Care--6.6%       
Cooper  350    6,640 
DaVita  390  a  18,330 
Health Net  300  a  4,389 
Hologic  900  a  10,611 
King Pharmaceuticals  2,279  a  19,918 
Sepracor  896  a  13,619 
UnitedHealth Group  759    21,502 
Zimmer Holdings  609  a  22,168 
      117,177 
 
Industrial--6.4%       
Con-way  505    11,125 
Gardner Denver  300  a  6,531 
Graco  1,203    25,588 
IDEX  235    5,313 
Illinois Tool Works  300    9,798 
Iron Mountain  1,116  a  22,833 
JB Hunt Transport Services  500    11,135 
Masco  531    4,153 
Monster Worldwide  200  a  1,842 
Pentair  128    2,927 
Robert Half International  783    13,272 
      114,517 
 
Information Technology--4.3%       
ADC Telecommunications  778  a  3,944 
AVX  400    3,648 
Cadence Design Systems  2,256  a  8,528 
Cognizant Technology Solutions, Cl. A  843  a  15,789 

Ingram Micro, Cl. A  535  a  6,564 
International Rectifier  143  a  1,948 
Lam Research  351  a  7,094 
Molex  1,195    15,977 
Novellus Systems  905  a  12,480 
      75,972 
 
Materials--.7%       
Eagle Materials  347    6,274 
Steel Dynamics  300    3,186 
Weyerhaeuser  100    2,734 
      12,194 
 
Telecommunication Services--.1%       
Sprint Nextel                 648 a  1,575 
 
Total Securities Sold Short (proceeds $709,837)                      28.7%    511,258 
 
a Non-income producing security.       

Various inputs are used in determining the value of the fund's investments relating to Financial Accounting Standard No. 157 (FAS 157),

  Fair Value Measurements.
These inputs are summarized in the three broad levels listed below.
Level 1 - quoted prices in active markets for identical securities.
Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds,
credit risk, etc.)
Level 3 - significant unobservable inputs (including fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used as of January 31, 2009 in valuing the fund's investments carried at fair value:

    Investments in Securities Sold,     
                                                       Valuation Inputs  Investments in Securities ($)  Not Yet Purchased ($)  Other Financial Instruments* ($)   
Level 1 - Quoted Prices  2,283,752  (511,258)   0  
Level 2 - Other Significant Observable Inputs  0  0   0 
Level 3 - Significant Unobservable Inputs  0  0   0 
Total  2,283,752  (511,258)   0  
*Other financial instruments include derivative instruments, such as futures, forward currency       
exchange contracts and swap contracts, which are valued at the unrealized appreciation (depreciation) on the instrument.     

STATEMENT OF INVESTMENTS     
Dreyfus Global Equity Income Fund     
January 31, 2009 (Unaudited)     
 
Common Stocks--93.6%  Shares  Value ($) 
Australia--6.2%     
QBE Insurance Group  3,763  56,671 
Telstra  78,197  187,088 
    243,759 
Bermuda--.7%     
Bunge  65  26,000 
Brazil--7.3%     
Cia de Saneamento de Minas Gerais  6,700  55,304 
Petroleo Brasileiro (Preferred), ADR  1,450  31,407 
Tele Norte Leste Participacoes, ADR  7,717  94,919 
Terna Participacoes  6,389  52,324 
Vale Capital  1,665  51,865 
    285,819 
Canada--.9%     
Progress Energy Resources     4,354 a  37,284 
Finland--2.9%     
Elisa  4,685  74,323 
Nokia  3,147  38,642 
    112,965 
France--4.9%     
Alcatel-Lucent     1,700 a  29,786 
France Telecom  1,640  36,873 
Suez Environnement     2,833 a  45,378 
Total  1,635  82,011 
    194,048 
Germany--7.1%     
Deutsche Post  8,711  109,081 
Deutsche Telekom  3,227  39,128 
K+S  879  41,811 
Muenchener Rueckversicherungs  424  56,297 
Symrise  3,314  30,976 
    277,293 

Hong Kong--4.8%     
CNOOC  45,000  38,754 
Hongkong Land Holdings  19,000  40,337 
Hopewell Highway Infrastructure  138,293  82,748 
HSBC Holdings  3,600  27,887 
    189,726 
Israel--.7%     
Israel Chemicals  3,782  26,818 
Italy--2.0%     
ENI  3,710  79,044 
Japan--.8%     
Nintendo  100  30,763 
Malaysia--.9%     
Bursa Malaysia  25,900  36,230 
Netherlands--2.2%     
Reed Elsevier  3,791  42,132 
Royal Dutch Shell, Cl. A  1,726  42,862 
    84,994 
Norway--2.6%     
Aker Solutions  3,917  18,495 
StatoilHydro  4,936  85,315 
    103,810 
Singapore--5.2%     
DBS Group Holdings  7,500  43,299 
Mapletree Logistics Trust  123,250  31,245 
Parkway Holdings  78,666  59,429 
Singapore Technologies Engineering  48,000  71,455 
    205,428 
South Korea--2.1%     
LG Telecom  12,255 a  82,273 
Spain--.4%     
Clinica Baviera  1,468  14,097 
Switzerland--2.8%     
Verwalt & Privat-Bank  498  50,148 
Zurich Financial Services  334  60,471 
    110,619 
Taiwan--2.4%     

HTC      3,600  34,324 
Taiwan Semiconductor Manufacturing      48,186  58,234 
        92,558 
Thailand--2.5%         
Advanced Info Service      37,600  79,817 
Banpu      2,800  17,484 
        97,301 
United Kingdom--14.5%         
Aberdeen Asset Management      26,761  49,932 
Admiral Group      3,255  42,407 
Anglo American      2,572  47,188 
Cable & Wireless      42,330  96,249 
GlaxoSmithKline      4,395  77,672 
ICAP      9,000  30,781 
Standard Chartered      7,550  88,443 
Vodafone Group      74,686  140,380 
        573,052 
United States--19.7%         
Annaly Capital Management      4,725  71,537 
AT & T      3,073  75,657 
Bristol-Myers Squibb      4,007  85,790 
Cal-Maine Foods      1,403  37,993 
Eli Lilly & Co.      2,232  82,182 
Merck & Co.      3,089  88,190 
Pfizer      7,365  107,382 
Philip Morris International      2,084  77,421 
Reynolds American      3,940  150,429 
        776,581 
Total Common Stocks         
(cost $5,593,415)        3,680,462 
 
Preferred Stocks--.8%         
Brazil         
Banco do Estado do Rio Grande do Sul         
(cost $75,304)      14,300  33,408 
 
  Coupon  Maturity  Principal   

Bonds and Notes--3.9%    Rate(%)  Date  Amount ($)  Value ($) 
Germany--1.6%           
Fresenius Finance,           
       Sr. Unscd. Bonds, Ser. FME  EUR  5.63  8/14/2011           50,000 b  63,012 
United Kingdom--2.3%           
Standard Chartered,           
       Jr. Sub. Notes    8.13  5/29/2049  114,000  88,920 
Total Bonds and Notes           
       (cost $175,921)          151,932 
 
Total Investments (cost $5,844,640)        98.3%  3,865,802 
Cash and Receivables (Net)        1.7%  65,735 
Net Assets        100.0%  3,931,537 
 
ADR - American Depository Receipts           

a      Non-income producing security.
b      Principal amount stated in U.S. Dollars unless otherwise noted. EUR--Euro

At January 31, 2009, the aggregate cost of investment securities for income tax purposes was $5,844,640.

Net unrealized depreciation on investments was $1,978,838 of which $8,956 related to appreciated investment securities and $1,987,794 related to depreciated investment securities.

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.

100-467-67         
        Unrealized 
     Foreign      Appreciation/ 
Forward Currency  Currency      Depreciation 
   Exchange Contracts  Amounts  Cost ($)  Value ($)  at 1/31/2009 ($) 
Buys:         
British Pounds,         
   Expiring 2/2/2009  3,995  5,675  5,789  114 
Euro,         
   Expiring 2/2/2009  47,354  62,170  60,631  (1,539) 
Hong Kong Dollars,         
   Expiring 2/2/2009  66,141  8,527  8,530  3 
Singapore Dollar,         
   Expiring 2/3/2009  7,022  4,668  4,651  (17) 
Swiss Franc,         
   Expiring 2/2/2009  7,388  6,391  6,369  (22) 
Swiss Franc,         
   Expiring 4/15/2009  93,213  81,920  80,457  (1,463) 
 
Sells:         
British Pounds,         
   Expiring 4/15/2009  48,000  81,920  69,508  12,412 
 
Total        9,488 

Various inputs are used in determining the value of the fund's investments relating to Financial Accounting Standard No. 157 (FAS 157),

  Fair Value Measurements.
These inputs are summarized in the three broad levels listed below.
Level 1 - quoted prices in active markets for identical securities.
Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds,
credit risk, etc.)
Level 3 - significant unobservable inputs (including fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used as of January 31, 2009 in valuing the fund's investments carried at fair value:

                                                       Valuation Inputs  Investments in Securities ($)  Other Financial Instruments* ($)   
Level 1 - Quoted Prices  2,735,832   0 
Level 2 - Other Significant Observable Inputs  1,129,970   9,488 
Level 3 - Significant Unobservable Inputs  0   0 
Total  3,865,802   9,488 
*Other financial instruments include derivative instruments, such as futures, forward currency     
exchange contracts and swap contracts, which are valued at the unrealized appreciation (depreciation) on the instrument.   

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/ J. David Officer 
  J. David Officer 
President
 
Date:  March 27, 2009 

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:  March 27, 2009 

By:  /S/ James Windels 
  James Windels 
Treasurer
 
Date:  March 27, 2009 

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)