N-Q 1 form-94722810.htm FORM N-Q form-94722810.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

811-3721

 

 

 

DREYFUS INTERMEDIATE MUNICIPAL BOND FUND, INC.

 

 

(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)

 

 

 

 

 

John Pak, 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:

 

05/31

 

Date of reporting period:

2/28/14

 

             

 

 

 

 

FORM N-Q

Item 1.                         Schedule of Investments.

                       

 

 

STATEMENT OF INVESTMENTS       
Dreyfus Intermediate Municipal Bond Fund, Inc.       
February 28, 2014 (Unaudited)         
 
Long-Term Municipal  Coupon  Maturity  Principal   
Investments--98.1%  Rate (%)  Date  Amount ($)  Value ($) 
Alabama--3.3%         
Alabama Port Authority,         
Docks Facilities Revenue         
(Insured; National Public         
Finance Guarantee Corp.)  5.00  10/1/22  5,000,000  5,383,450 
Birmingham Water Works Board,         
Water Revenue (Insured;         
Assured Guaranty Corp.)  5.00  1/1/17  6,310,000  7,067,263 
Jefferson County,         
Limited Obligation School         
Warrants  5.25  1/1/17  5,050,000  5,081,512 
Jefferson County,         
Limited Obligation School         
Warrants  5.25  1/1/19  2,150,000  2,160,729 
University of Alabama Board of         
Trustees, General Revenue (The         
University of Alabama)  5.00  7/1/24  6,025,000  7,058,589 
Alaska--.5%         
Alaska Industrial Development and         
Export Authority, Revolving         
Fund Revenue  5.25  4/1/24  3,780,000  4,274,348 
Arizona--1.3%         
Pima County,         
Sewer System Revenue         
Obligations (Insured; Assured         
Guaranty Municipal Corp.)  5.00  7/1/23  3,250,000  3,720,633 
Pima County Industrial Development         
Authority, Education Revenue         
(American Charter Schools         
Foundation Project)  5.13  7/1/15  1,400,000  1,404,312 
Salt River Project Agricultural         
Improvement and Power         

 


District, Salt River Project           
Electric System Revenue  5.00  12/1/27  4,500,000   5,220,585 
California--15.5%           
Arcadia Unified School District,           
GO (Insured; Assured Guaranty           
Municipal Corp.)  0.00  8/1/20  1,635,000 a  1,288,216 
Bay Area Toll Authority,           
San Francisco Bay Area           
Subordinate Lien Toll Bridge           
Revenue  5.00  4/1/27  1,750,000   1,984,202 
Bay Area Toll Authority,           
San Francisco Bay Area Toll           
Bridge Revenue  5.00  4/1/22  3,500,000   4,231,500 
Bay Area Toll Authority,           
San Francisco Bay Area Toll           
Bridge Revenue  5.25  4/1/24  6,000,000   6,974,160 
California,           
GO (Various Purpose)  5.25  10/1/20  18,060,000   21,446,972 
California,           
GO (Various Purpose)  5.25  3/1/22  1,250,000   1,476,512 
California,           
GO (Various Purpose)  5.00  9/1/23  2,500,000   2,969,650 
California,           
GO (Various Purpose)  5.63  4/1/25  3,500,000   4,123,280 
California Health Facilities           
Financing Authority, Revenue           
(Providence Health and           
Services)  6.25  10/1/24  3,500,000   4,149,215 
California Health Facilities           
Financing Authority, Revenue           
(Sutter Health)  5.25  8/15/22  3,000,000   3,487,320 
California Housing Finance Agency,           
Home Mortgage Revenue           
(Insured; FGIC)  4.40  2/1/18  3,300,000   3,413,454 
California Housing Finance Agency,           
Home Mortgage Revenue           
(Insured; FGIC)  4.40  8/1/18  3,310,000   3,413,073 
California State Public Works           
Board, LR (Judicial Council of           

 


California) (Various Judicial           
Council Projects)  5.00  3/1/26  1,500,000   1,698,420 
California State University           
Trustees, Systemwide Revenue  5.00  11/1/22  5,000,000   5,954,250 
Clovis Unified School District,           
GO (Insured; National Public           
Finance Guarantee Corp.)  0.00  8/1/22  10,415,000 a  7,907,797 
Coast Community College District,           
GO (Insured; National Public           
Finance Guarantee Corp.)  0.00  8/1/20  1,855,000 a  1,586,841 
Los Angeles Department of           
Airports, Subordinate Revenue           
(Los Angeles International           
Airport)  5.25  5/15/25  1,845,000   2,083,153 
Los Angeles Harbor Department,           
Revenue  5.00  8/1/19  1,425,000   1,686,046 
Orange County Transportation           
Authority, Senior Lien Toll           
Road Revenue (91 Express Lanes)  5.00  8/15/28  2,500,000   2,794,525 
Sacramento City Unified School           
District, GO (Insured; Assured           
Guaranty Municipal Corp.)  0.00  7/1/23  5,065,000 a  3,522,859 
San Diego County Water Authority,           
Water Revenue  5.00  5/1/28  5,000,000   5,646,200 
San Diego Public Facilities           
Financing Authority,           
Subordinated Water Revenue           
(Payable Solely from           
Subordinated Installment           
Payments Secured by Net System           
Revenues of the Water Utility           
Fund)  5.00  8/1/28  2,000,000   2,266,340 
San Diego Public Facilities           
Financing Authority, Water           
Revenue  5.00  8/1/24  7,560,000   8,804,905 
Southern California Public Power           
Authority, Revenue (Canyon           
Power Project)  5.00  7/1/23  5,000,000   5,732,400 
Southern California Public Power           
Authority, Revenue (Windy           

 


Point/Windy Flats Project)  5.00  7/1/23  1,850,000   2,146,703 
Tobacco Securitization Authority           
of Southern California,           
Tobacco Settlement           
Asset-Backed Bonds (San Diego           
County Tobacco Asset           
Securitization Corporation)  4.75  6/1/25  1,350,000   1,321,110 
Tuolumne Wind Project Authority,           
Revenue (Tuolumne Company           
Project)  5.00  1/1/22  2,000,000   2,255,320 
University of California Regents,           
General Revenue  5.25  5/15/23  2,500,000   2,870,475 
University of California Regents,           
General Revenue  5.00  5/15/24  5,000,000   5,997,500 
Colorado--4.0%           
City and County of Denver,           
Airport System Subordinate           
Revenue  5.50  11/15/26  15,640,000   17,690,404 
Colorado Health Facilities           
Authority, Revenue (Catholic           
Health Initiatives)  6.00  10/1/23  5,355,000   6,271,883 
E-470 Public Highway Authority,           
Senior Revenue (Insured;           
National Public Finance           
Guarantee Corp.)  0.00  9/1/18  3,000,000 a  2,657,850 
Regional Transportation District           
of Colorado, COP (Lease           
Purchase Agreement)  5.00  6/1/25  5,000,000   5,621,150 
Connecticut--1.3%           
Connecticut,           
Special Tax Obligation Revenue           
(Transportation Infrastructure           
Purposes)  5.00  1/1/30  7,130,000   8,043,923 
Connecticut Health and Educational           
Facilities Authority, Revenue           
(Wesleyan University Issue)  5.00  7/1/26  1,000,000   1,136,950 
Connecticut Health and Educational           
Facilities Authority, Revenue           
(Wesleyan University Issue)  5.00  7/1/27  1,000,000   1,133,830 

 


District of Columbia--2.5%         
District of Columbia,         
HR (Children's Hospital         
Obligated Group Issue)         
(Insured; Assured Guaranty         
Municipal Corp.)  5.25  7/15/18  2,000,000  2,214,020 
District of Columbia,         
Income Tax Secured Revenue  5.00  12/1/25  2,500,000  2,896,350 
District of Columbia Water and         
Sewer Authority, Public         
Utility Subordinate Lien         
Revenue  5.00  10/1/27  5,980,000  6,887,106 
Metropolitan Washington Airports         
Authority, Airport System         
Revenue  5.00  10/1/25  3,000,000  3,384,720 
Washington Metropolitan Area         
Transit Authority, Gross         
Revenue Transit Bonds  5.25  7/1/23  3,725,000  4,309,862 
Florida--10.3%         
Bay County,         
Sales Tax Revenue (Insured;         
AMBAC)  5.00  9/1/24  2,375,000  2,591,576 
Brevard County,         
Local Option Fuel Tax Revenue         
(Insured; National Public         
Finance Guarantee Corp.)  5.00  8/1/23  1,260,000  1,321,614 
Broward County,         
Airport System Revenue  5.00  10/1/22  3,605,000  4,119,542 
Broward County,         
Port Facilities Revenue  5.00  9/1/21  4,340,000  4,973,510 
Citizens Property Insurance         
Corporation, Coastal Account         
Senior Secured Revenue  5.00  6/1/19  3,000,000  3,471,060 
Citizens Property Insurance         
Corporation, High-Risk Account         
Senior Secured Revenue  5.25  6/1/17  7,500,000  8,532,150 
Citizens Property Insurance         
Corporation, Personal Lines         
Account/Commercial Lines         

 


Account Senior Secured Revenue  5.00  6/1/21  5,000,000   5,782,450 
Collier County School Board,           
COP (Master Lease Program           
Agreement) (Insured; Assured           
Guaranty Municipal Corp.)  5.25  2/15/20  3,500,000   4,087,510 
Collier County School Board,           
COP (Master Lease Program           
Agreement) (Insured; Assured           
Guaranty Municipal Corp.)  5.25  2/15/22  2,000,000   2,343,920 
Florida,           
Education System Revenue           
(University of Florida           
Housing) (Insured; National           
Public Finance Guarantee Corp.)  5.00  7/1/22  1,315,000   1,404,499 
Hillsborough County,           
GO (Unincorporated Area Parks           
and Recreation Program)           
(Insured; National Public           
Finance Guarantee Corp.)  5.00  7/1/22  1,155,000   1,382,258 
Indian River County,           
GO (Insured; National Public           
Finance Guarantee Corp.)  5.00  7/1/20  2,265,000   2,488,895 
Jacksonville Aviation Authority,           
Revenue (Insured; AMBAC)  5.00  10/1/19  3,220,000   3,533,145 
Jacksonville Economic Development           
Commission, Health Care           
Facilities Revenue (Florida           
Proton Therapy Institute           
Project)  6.00  9/1/17  1,825,000 b  2,024,984 
Lakeland,           
Energy System Revenue           
(Insured; Assured Guaranty           
Municipal Corp.)  5.00  10/1/18  6,250,000   7,323,000 
Miami-Dade County,           
Seaport Revenue  5.75  10/1/28  1,500,000   1,711,845 
Miami-Dade County,           
Subordinate Special Obligation           
Revenue  5.00  10/1/26  1,000,000   1,102,830 
Miami-Dade County,           
Transit System Sales Surtax           

 


Revenue (Insured; XLCA)  5.00  7/1/24  2,330,000   2,550,628 
Miami-Dade County,           
Water and Sewer System Revenue  5.38  10/1/24  5,000,000   5,734,050 
Miami-Dade County School Board,           
COP (Master Lease Purchase           
Agreement) (Insured; FGIC)  5.25  10/1/17  5,000,000   5,127,150 
Orlando Utilities Commission,           
Utility System Revenue  5.00  10/1/23  2,500,000   2,866,875 
Orlando-Orange County Expressway           
Authority, Revenue (Insured;           
Assured Guaranty Municipal           
Corp.)  5.00  7/1/17  2,105,000   2,403,047 
Palm Bay,           
Educational Facilities Revenue           
(Patriot Charter School           
Project)  6.75  7/1/22  3,000,000 c  900,030 
Polk County,           
Constitutional Fuel Tax           
Improvement Revenue (Insured;           
National Public Finance           
Guarantee Corp.)  5.00  12/1/19  580,000   643,875 
Seminole County,           
Water and Sewer Revenue  5.00  10/1/21  1,050,000   1,123,553 
Tampa,           
Solid Waste System Revenue           
(Insured; Assured Guaranty           
Municipal Corp.)  5.00  10/1/16  2,690,000   2,967,474 
Georgia--1.5%           
Atlanta,           
Water and Wastewater Revenue  6.00  11/1/20  3,000,000   3,691,200 
DeKalb County,           
Water and Sewerage Revenue  5.25  10/1/25  4,000,000   4,822,200 
Municipal Electric Authority of           
Georgia, Revenue (Project One           
Subordinated Bonds)  5.75  1/1/19  2,660,000   3,174,790 
Hawaii--.9%           
Hawaii,           
Airports System Revenue  5.00  7/1/18  6,000,000   6,935,460 

 


Idaho--.2%         
Idaho Health Facilities Authority,         
Revenue (Trinity Health Credit         
Group)  6.13  12/1/28  1,450,000  1,682,058 
Illinois--9.8%         
Chicago,         
Customer Facility Charge         
Senior Lien Revenue (Chicago         
O'Hare International Airport)  5.50  1/1/26  3,300,000  3,719,100 
Chicago,         
General Airport Senior Lien         
Revenue (Chicago O'Hare         
International Airport)  5.00  1/1/18  4,250,000  4,848,485 
Chicago,         
General Airport Senior Lien         
Revenue (Chicago O'Hare         
International Airport)  5.00  1/1/23  3,530,000  3,982,475 
Chicago,         
GO (Insured; Assured Guaranty         
Municipal Corp.)  5.00  1/1/17  2,500,000  2,590,150 
Chicago,         
GO (Insured; National Public         
Finance Guarantee Corp.)  5.00  1/1/20  1,450,000  1,592,839 
Chicago,         
GO (Project and Refunding         
Series) (Insured; Assured         
Guaranty Municipal Corp.)  5.00  1/1/26  1,720,000  1,753,334 
Cook County Community High School         
District Number 219, GO         
(Insured; Assured Guaranty         
Municipal Corp.)  5.00  12/1/24  2,020,000  2,262,824 
Illinois,         
GO  5.25  7/1/28  6,500,000  7,040,800 
Illinois,         
GO (Insured; Assured Guaranty         
Municipal Corp.)  5.00  8/1/20  4,900,000  5,671,652 
Illinois,         
Sales Tax Revenue  5.00  6/15/18  1,700,000  1,984,036 
Illinois Finance Authority,         
Revenue (Advocate Health Care         

 


Network)  5.00  6/1/28  9,005,000  9,844,986 
Illinois Toll Highway Authority,         
Toll Highway Senior Revenue  5.00  1/1/25  5,000,000  5,499,650 
Metropolitan Pier and Exposition         
Authority, Dedicated State Tax         
Revenue (McCormick Place         
Expansion Project) (Insured;         
National Public Finance         
Guarantee Corp.)  5.55  6/15/21  2,500,000  2,766,550 
Railsplitter Tobacco Settlement         
Authority, Tobacco Settlement         
Revenue  5.00  6/1/18  2,290,000  2,617,333 
Railsplitter Tobacco Settlement         
Authority, Tobacco Settlement         
Revenue  5.25  6/1/21  3,300,000  3,865,884 
Railsplitter Tobacco Settlement         
Authority, Tobacco Settlement         
Revenue  5.50  6/1/23  2,750,000  3,179,165 
Railsplitter Tobacco Settlement         
Authority, Tobacco Settlement         
Revenue  6.00  6/1/28  2,385,000  2,730,420 
University of Illinois Board of         
Trustees, Auxiliary Facilities         
System Revenue  5.00  4/1/26  7,595,000  8,638,705 
University of Illinois Board of         
Trustees, Auxiliary Facilities         
System Revenue (University of         
Illinois)  5.00  4/1/32  3,655,000  3,954,345 
Indiana--2.1%         
Indiana Finance Authority,         
Educational Facilities Revenue         
(Butler University Project)  5.00  2/1/30  1,400,000  1,473,346 
Indiana Finance Authority,         
First Lien Wastewater Utility         
Revenue (CWA Authority Project)  5.25  10/1/23  2,500,000  2,917,150 
Indianapolis,         
Gas Utility Distribution         
System Second Lien Revenue         
(Insured; Assured Guaranty         
Municipal Corp.)  5.00  8/15/23  3,500,000  3,881,220 

 


Indianapolis,         
Thermal Energy System First         
Lien Revenue (Insured; Assured         
Guaranty Municipal Corp.)  5.00  10/1/18  7,700,000  8,961,953 
Iowa--.3%         
Iowa Finance Authority,         
State Revolving Fund Revenue  5.00  8/1/24  2,000,000  2,329,640 
Kansas--1.2%         
Wyandotte County/Kansas City         
Unified Government, Utility         
System Revenue (Insured; AMBAC)  5.65  9/1/18  9,130,000  9,822,602 
Kentucky--1.5%         
Kentucky Municipal Power Agency,         
Power System Revenue (Prairie         
State Project) (Insured;         
National Public Finance         
Guarantee Corp.)  5.25  9/1/19  2,000,000  2,242,560 
Kentucky Public Transportation         
Infrastructure Authority,         
Subordinate Toll Revenue, BAN         
(Downtown Crossing Project)  5.00  7/1/17  6,250,000  6,987,375 
Pikeville,         
Hospital Improvement Revenue         
(Pikeville Medical Center,         
Inc. Project)  6.25  3/1/23  2,195,000  2,522,209 
Louisiana--2.5%         
Louisiana State University Board         
of Supervisors and         
Agricultural and Mechanical         
College, Auxiliary Revenue  5.00  7/1/25  2,000,000  2,226,940 
Tobacco Settlement Financing         
Corporation of Louisiana,         
Tobacco Settlement         
Asset-Backed Bonds  5.00  5/15/27  17,500,000  18,053,875 
Maryland--.4%         
Maryland Economic Development         
Corporation, EDR         
(Transportation Facilities         
Project)  5.38  6/1/25  1,500,000  1,579,140 
Maryland Health and Higher         

 


Educational Facilities         
Authority, Revenue (The Johns         
Hopkins Health System         
Obligated Group Issue)  5.00  7/1/24  1,155,000  1,337,698 
Massachusetts--5.5%         
Massachusetts,         
Federal Highway Grant         
Anticipation Notes         
(Accelerated Bridge Program)  5.00  6/15/23  3,250,000  3,889,210 
Massachusetts,         
GO (Consolidated Loan)  5.00  4/1/24  7,500,000  8,885,550 
Massachusetts College Building         
Authority, Revenue  5.00  5/1/27  1,800,000  2,058,048 
Massachusetts Development Finance         
Agency, Revenue (Bentley         
University Issue)  5.00  7/1/23  2,550,000  2,769,555 
Massachusetts Development Finance         
Agency, Revenue (Partners         
HealthCare System Issue)  5.00  7/1/25  1,000,000  1,134,050 
Massachusetts Development Finance         
Agency, Revenue (Tufts Medical         
Center Issue)  5.50  1/1/22  2,990,000  3,376,099 
Massachusetts Educational         
Financing Authority, Education         
Loan Revenue (Issue K)  5.00  7/1/22  6,645,000  7,245,044 
Massachusetts School Building         
Authority, Senior Dedicated         
Sales Tax Revenue  5.00  10/15/23  2,500,000  2,939,325 
Massachusetts School Building         
Authority, Senior Dedicated         
Sales Tax Revenue  5.00  8/15/24  5,000,000  5,931,550 
Massachusetts School Building         
Authority, Senior Dedicated         
Sales Tax Revenue  5.00  8/15/28  5,000,000  5,758,200 
Michigan--2.6%         
Detroit,         
Sewage Disposal System Senior         
Lien Revenue (Insured; Assured         
Guaranty Municipal Corp.)  5.25  7/1/19  1,635,000  1,662,730 

 


Detroit,         
Water Supply System Senior         
Lien Revenue (Insured; Assured         
Guaranty Municipal Corp.)  5.00  7/1/22  5,000,000  5,002,400 

 


Detroit,         
Water Supply System Senior         
Lien Revenue (Insured;         
National Public Finance         
Guarantee Corp.)  5.00  7/1/18  1,750,000  1,759,712 
Detroit School District,         
School Building and Site         
Improvement Bonds (GO -         
Unlimited Tax) (Insured; FGIC)  6.00  5/1/19  2,965,000  3,481,740 
Michigan,         
GO (Environmental Program)  5.00  11/1/19  2,000,000  2,401,620 
Michigan Strategic Fund,         
LOR (State of Michigan         
Cadillac Place Office Building         
Project)  5.00  10/15/15  1,040,000  1,108,640 
Wayne County Airport Authority,         
Airport Revenue (Detroit         
Metropolitan Wayne County         
Airport)  5.00  12/1/18  2,500,000  2,823,925 
Wayne County Airport Authority,         
Junior Lien Airport Revenue         
(Detroit Metropolitan Wayne         
County Airport) (Insured;         
National Public Finance         
Guarantee Corp.)  5.00  12/1/22  2,500,000  2,739,525 
Minnesota--.7%         
Minneapolis-Saint Paul         
Metropolitan Airports         
Commission, Subordinate         
Airport Revenue (Insured;         
National Public Finance         
Guarantee Corp.)  5.00  1/1/25  5,000,000  5,501,850 
Missouri--1.0%         
Kansas City,         
General Improvement Airport         
Revenue  5.00  9/1/19  4,000,000  4,695,320 
Missouri Development Finance         
Board, Infrastructure         
Facilities Revenue (Branson         
Landing Project)  6.00  6/1/20  3,160,000  3,542,265 

 


Nevada--2.1%         
Clark County,         
Airport System Revenue  5.00  7/1/22  3,300,000  3,717,120 
Clark County School District,         
Limited Tax GO  5.00  6/15/25  4,950,000  5,510,439 
Director of the State of Nevada         
Department of Business and         
Industry, SWDR (Republic         
Services, Inc. Project)  5.63  6/1/18  5,000,000  5,465,300 
Las Vegas Valley Water District,         
Limited Tax GO (Additionally         
Secured by Southern Nevada         
Water Authority Pledged         
Revenues)  5.00  6/1/25  2,100,000  2,427,999 

 


New Hampshire--.6%           
New Hampshire Business Finance           
Authority, PCR (The United           
Illuminating Company Project)           
(Insured; AMBAC)  0.31  10/1/33  5,000,000 d  4,574,650 
New Jersey--2.5%           
Camden County Improvement           
Authority, Health Care           
Redevelopment Project Revenue           
(The Cooper Health System           
Obligated Group Issue)  5.25  2/15/20  3,000,000   3,066,720 
Casino Reinvestment Development           
Authority, Revenue (Insured;           
National Public Finance           
Guarantee Corp.)  5.25  6/1/19  5,000,000   5,193,650 
New Jersey Economic Development           
Authority, School Facilities           
Construction Revenue (Insured;           
National Public Finance           
Guarantee Corporation)  5.00  9/1/18  3,500,000   3,744,335 
New Jersey Higher Education           
Student Assistance Authority,           
Student Loan Revenue (Insured;           
Assured Guaranty Corp.)  5.88  6/1/21  130,000   142,416 
Rutgers, The State University,           
GO  5.00  5/1/29  6,840,000   7,745,069 
New Mexico--1.1%           
New Mexico Hospital Equipment Loan           
Council, Hospital System           
Revenue (Presbyterian           
Healthcare Services)  6.00  8/1/23  7,500,000   8,747,850 
New York--3.9%           
Long Island Power Authority,           
Electric System General           
Revenue (Insured; National           
Public Finance Guarantee Corp.)  2.52  9/1/15  3,000,000 d  3,017,130 
New York City,           
GO  5.00  8/1/20  2,655,000   3,171,663 
New York City,           
GO  5.00  8/1/28  5,000,000   5,568,100 

 


New York City,           
GO (Prerefunded)  5.00  4/1/15  5,000 e  5,264 
New York City,           
GO (Prerefunded)  5.00  4/1/15  10,000 e  10,528 
New York City,           
GO (Prerefunded)  5.00  8/1/16  50,000 e  55,626 
New York City Health and Hospitals           
Corporation, Health System           
Revenue  5.00  2/15/22  4,385,000   4,940,974 
New York City Industrial           
Development Agency, Senior           
Airport Facilities Revenue           
(Transportation Infrastructure           
Properties, LLC Obligated           
Group)  5.00  7/1/20  3,035,000   3,337,043 
New York City Transitional Finance           
Authority, Future Tax Secured           
Subordinate Revenue  5.00  5/1/28  4,400,000   5,015,824 
New York State Dormitory           
Authority, Revenue (New York           
University Hospitals Center)  5.25  7/1/24  500,000   532,710 
New York State Dormitory           
Authority, State Personal           
Income Tax Revenue (General           
Purpose)  5.25  2/15/21  2,500,000   2,945,200 
Suffolk Tobacco Asset           
Securitization Corporation,           
Tobacco Settlement           
Asset-Backed Bonds  5.38  6/1/28  810,000   753,057 
Triborough Bridge and Tunnel           
Authority, General Revenue           
(MTA Bridges and Tunnels)  5.00  1/1/19  1,500,000   1,772,355 
North Carolina--1.6%           
North Carolina,           
Capital Improvement Limited           
Obligation Bonds  5.00  5/1/30  4,000,000   4,448,680 
North Carolina Eastern Municipal           
Power Agency, Power System           
Revenue (Escrowed to Maturity)  5.00  1/1/21  1,200,000   1,429,008 

 


North Carolina Medical Care           
Commission, Retirement           
Facilities First Mortgage           
Revenue (The United Methodist           
Retirement Homes Project)  5.13  10/1/19  1,250,000   1,276,375 
Wake County Industrial Facilities           
and Pollution Control           
Financing Authority, PCR           
(Carolina Power and Light           
Company Project) (Insured;           
AMBAC)  0.07  10/1/22  6,500,000 d  5,947,500 
Ohio--.9%           
Montgomery County,           
Revenue (Miami Valley Hospital)  5.75  11/15/22  2,970,000   3,487,849 
Ohio Water Development Authority,           
PCR (Buckeye Power, Inc.           
Project) (Insured; AMBAC)  5.00  5/1/22  4,030,000   4,060,225 
Pennsylvania--3.9%           
Allegheny County Airport           
Authority, Airport Revenue           
(Pittsburgh International           
Airport) (Insured; FGIC)  5.00  1/1/19  3,395,000   3,895,627 
Chester County Industrial           
Development Authority, Revenue           
(Avon Grove Charter School           
Project)  5.65  12/15/17  485,000   513,465 
Delaware Valley Regional Finance           
Authority, Local Government           
Revenue  5.75  7/1/17  6,830,000   7,678,491 

 


Erie Higher Education Building         
Authority, College Revenue         
(Mercyhurst College Project)  5.13  3/15/23  2,045,000  2,182,035 
Montgomery County Higher Education         
and Health Authority, HR         
(Abington Memorial Hospital         
Obligated Group)  5.00  6/1/21  6,585,000  7,569,655 
Pennsylvania Intergovernmental         
Cooperation Authority, Special         
Tax Revenue (City of         
Philadelphia Funding Program)  5.00  6/15/17  4,000,000  4,570,160 
Pennsylvania Turnpike Commission,         
Turnpike Revenue  5.00  12/1/27  1,800,000  2,001,816 
Philadelphia Authority for         
Industrial Development,         
Revenue (Independence Charter         
School Project)  5.38  9/15/17  1,405,000  1,480,139 
Philadelphia School District,         
GO  5.00  9/1/17  1,160,000  1,306,636 
South Carolina--.7%         
Piedmont Municipal Power Agency,         
Electric Revenue  5.00  1/1/20  5,000,000  5,842,500 
Texas--4.6%         
Austin,         
Electric Utility System Revenue  5.00  11/15/23  1,550,000  1,769,573 
Dallas-Fort Worth International         
Airport Facility Improvement         
Corporation, Revenue (Learjet         
Inc. Project)  6.15  1/1/16  4,000,000  3,975,240 
Gulf Coast Waste Disposal         
Authority, Bayport Area System         
Revenue (Insured; AMBAC)  5.00  10/1/14  2,065,000  2,112,268 
Harris County Metropolitan Transit         
Authority, Sales and Use Tax         
Revenue  5.00  11/1/27  2,500,000  2,824,225 
Houston,         
Combined Utility System First         
Lien Revenue  5.00  11/15/20  2,725,000  3,256,756 
Houston,         

 


Combined Utility System First         
Lien Revenue  5.00  11/15/29  2,500,000  2,806,250 
Love Field Airport Modernization         
Corporation, Special         
Facilities Revenue (Southwest         
Airlines Company - Love Field         
Modernization Program Project)  5.00  11/1/15  2,840,000  2,995,518 
North Texas Tollway Authority,         
First Tier System Revenue  6.00  1/1/23  3,000,000  3,431,340 
San Antonio,         
Municipal Drainage Utility         
System Revenue  5.00  2/1/28  5,000,000  5,758,450 
San Antonio,         
Water System Revenue  5.00  5/15/29  1,355,000  1,502,261 

 


Texas,         
GO (College Student Loan Bonds)  5.50  8/1/19  3,500,000  4,277,735 
Texas Water Development Board,         
State Revolving Fund         
Subordinate Lien Revenue  5.00  7/15/23  2,000,000  2,366,760 
Virginia--.4%         
Virginia College Building         
Authority, Educational         
Facilities Revenue (21st         
Century College and Equipment         
Programs)  5.00  2/1/22  3,000,000  3,540,930 
Washington--4.3%         
Energy Northwest,         
Columbia Generating Station         
Electric Revenue  5.00  7/1/21  5,000,000  5,512,750 
Energy Northwest,         
Columbia Generating Station         
Electric Revenue  5.00  7/1/23  5,000,000  5,495,500 
Port of Seattle,         
Intermediate Lien Revenue  5.00  2/1/18  2,500,000  2,879,175 
Port of Seattle,         
Intermediate Lien Revenue  5.00  8/1/28  2,485,000  2,757,754 
Port of Seattle,         
Limited Tax GO  5.75  12/1/25  830,000  970,951 
Port of Tacoma,         
Limited Tax GO (Insured;         
Assured Guaranty Municipal         
Corp.)  5.00  12/1/20  3,025,000  3,435,493 
Seattle,         
Drainage and Wastewater         
Improvement Revenue  5.00  9/1/27  5,025,000  5,712,119 
Washington,         
GO (Various Purpose)  5.00  2/1/22  2,500,000  2,970,950 
Washington,         
Motor Vehicle Fuel Tax GO  5.00  2/1/24  4,315,000  5,133,426 
West Virginia--.2%         
West Virginia University Board of         
Governors, University         
Improvement Revenue (West         

 


Virginia University Projects)  5.00  10/1/22  1,475,000   1,726,561 
U.S. Related--2.4%           
Puerto Rico Commonwealth,           
Public Improvement GO  5.25  7/1/23  1,500,000   1,233,735 
Puerto Rico Electric Power           
Authority, Power Revenue  5.00  7/1/22  2,500,000   1,828,750 
Puerto Rico Highways and           
Transportation Authority,           
Transportation Revenue  5.50  7/1/24  1,750,000   1,237,758 
Puerto Rico Infrastructure           
Financing Authority, Special           
Tax Revenue  5.00  7/1/16  510,000   439,054 
Puerto Rico Infrastructure           
Financing Authority, Special           
Tax Revenue (Insured; AMBAC)  5.50  7/1/18  3,000,000   2,830,470 
Puerto Rico Infrastructure           
Financing Authority, Special           
Tax Revenue (Insured; AMBAC)  5.50  7/1/23  2,670,000   2,318,868 
Puerto Rico Public Buildings           
Authority, Government           
Facilities Revenue (Insured;           
XLCA)  5.25  7/1/20  2,000,000   1,636,500 
Puerto Rico Sales Tax Financing           
Corporation, Sales Tax Revenue           
(First Subordinate Series)  5.50  8/1/21  8,000,000   7,322,400 
Total Long-Term Municipal Investments           
(cost $749,444,742)          786,464,547 
Short-Term Municipal  Coupon  Maturity  Principal    
Investment--.1%  Rate (%)  Date  Amount ($)   Value ($) 
Massachusetts;           
Massachusetts Health and           
Educational Facilities           
Authority, Revenue (Harvard           
University Issue)           
(cost $1,000,000)  0.01  3/3/14  1,000,000 f  1,000,000 
Total Investments (cost $750,444,742)      98.2 %  787,464,547 
Cash and Receivables (Net)      1.8 %  14,415,463 
Net Assets      100.0 %  801,880,010 

 


a Security issued with a zero coupon. Income is recognized through the accretion of discount.
b Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. This security may be resold in
transactions exempt from registration, normally to qualified institutional buyers. At February 28, 2014, this security
was valued at $2,024,984 or 0.3% of net assets.
c Non-income producing--security in default.
d Variable rate security--interest rate subject to periodic change.
e These securities are prerefunded; the date shown represents the prerefunded date. Bonds which are prerefunded are
collateralized by U.S. Government securities which are held in escrow and are used to pay principal and interest on the
municipal issue and to retire the bonds in full at the earliest refunding date.
f Variable rate demand note - rate shown is the interest rate in effect at February 28, 2014. Maturity date represents the
next demand date, or the ultimate maturity date if earlier.

At February 28, 2014, net unrealized appreciation on investments was $37,019,805 of which $45,257,193 related to appreciated
investment securities and $8,237,388 related to depreciated investment securities. At February 28, 2014, the cost of investments for
federal income tax purposes was substantially the same as the cost for financial reporting purposes.

Summary of Abbreviations     
ABAG  Association of Bay Area Governments  ACA  American Capital Access 
AGC  ACE Guaranty Corporation  AGIC  Asset Guaranty Insurance Company 
AMBAC  American Municipal Bond Assurance Corporation  ARRN  Adjustable Rate Receipt Notes 
BAN  Bond Anticipation Notes  BPA  Bond Purchase Agreement 
CIFG  CDC Ixis Financial Guaranty  COP  Certificate of Participation 
CP  Commercial Paper  DRIVERS  Derivative Inverse Tax-Exempt Receipts 
EDR  Economic Development Revenue  EIR  Environmental Improvement Revenue 
FGIC  Financial Guaranty Insurance Company  FHA  Federal Housing Administration 
FHLB  Federal Home Loan Bank  FHLMC  Federal Home Loan Mortgage Corporation 
FNMA  Federal National Mortgage Association  GAN  Grant Anticipation Notes 
GIC  Guaranteed Investment Contract  GNMA  Government National Mortgage Association 

 


GO  General Obligation  HR  Hospital Revenue 
IDB  Industrial Development Board  IDC  Industrial Development Corporation 
IDR  Industrial Development Revenue  LIFERS  Long Inverse Floating Exempt Receipts 
LOC  Letter of Credit  LOR  Limited Obligation Revenue 
LR  Lease Revenue  MERLOTS  Municipal Exempt Receipts Liquidity Option 
      Tender 
MFHR  Multi-Family Housing Revenue  MFMR  Multi-Family Mortgage Revenue 
PCR  Pollution Control Revenue  P-FLOATS  Puttable Floating Option Tax-Exempt Receipts 
PILOT  Payment in Lieu of Taxes  PUTTERS  Puttable Tax-Exempt Receipts 
RAC  Revenue Anticipation Certificates  RAN  Revenue Anticipation Notes 
RAW  Revenue Anticipation Warrants  RIB  Residual Interest Bonds 
ROCS  Reset Option Certificates  RRR  Resources Recovery Revenue 
SAAN  State Aid Anticipation Notes  SBPA  Standby Bond Purchase Agreement 
SFHR  Single Family Housing Revenue  SFMR  Single Family Mortgage Revenue 
SONYMA  State of New York Mortgage Agency  SPEARS  Short Puttable Exempt Adjustable Receipts 
SWDR  Solid Waste Disposal Revenue  TAN  Tax Anticipation Notes 
TAW  Tax Anticipation Warrants  TRAN  Tax and Revenue Anticipation Notes 
XLCA  XL Capital Assurance     

 


The following is a summary of the inputs used as of February 28, 2014 in valuing the fund's investments:     
 
 
  Level 1 -  Level 2 - Other  Level 3 -Significant   
  Unadjusted Quoted  Significant  Unobservable   
Assets ($)  Prices  Observable Inputs  Inputs  Total 
Investments in Securities:         
Municipal Bonds+  -  786,564,517  900,030  787,464,547 

 

+ See Statement of Investments for additional detailed categorizations.


The Financial Accounting Standards Board (“FASB”) Accounting
Standards Codification (“ASC”) is the exclusive reference of
authoritative U.S. generally accepted accounting principles (“GAAP”)
recognized by the FASB to be applied by nongovernmental entities.
Rules and interpretive releases of the Securities and Exchange
Commission (“SEC”) under authority of federal laws are also sources
of authoritative GAAP for SEC registrants. The fund's
financial statements are prepared in accordance with GAAP, which
may require the use of management estimates and assumptions. Actual
results could differ from those estimates.

Portfolio valuation: The fair value of a financial instrument is
the amount that would be received to sell an asset or paid to transfer
a liability in an orderly transaction between market participants at
the measurement date (i.e. the exit price). GAAP establishes a fair
value hierarchy that prioritizes the inputs of valuation techniques
used to measure fair value. This hierarchy gives the highest priority
to unadjusted quoted prices in active markets for identical assets or
liabilities (Level 1 measurements) and the lowest priority to unobservable
inputs (Level 3 measurements).
Additionally, GAAP provides guidance on determining whether the
volume and activity in a market has decreased significantly and
whether such a decrease in activity results in transactions that are not
orderly. GAAP requires enhanced disclosures around valuation inputs
and techniques used during annual and interim periods.
Various inputs are used in determining the value of the fund’s investments
relating to fair value measurements. These inputs are summarized
in the three broad levels listed below:
Level 1—unadjusted quoted prices in active markets for
identical investments.
Level 2—other significant observable inputs (including quoted
prices for similar investments, interest rates, prepayment speeds,
credit risk, etc.).
Level 3—significant unobservable inputs (including the 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.
Changes in valuation techniques may result in transfers in or out of an
assigned level within the disclosure hierarchy. Valuation techniques
used to value the fund’s investments are as follows:


Investments in securities are valued each business day by an independent
pricing service (the “Service”) approved by the Board of
Directors. Investments for which quoted bid prices are readily available
and are representative of the bid side of the market in the judgment of
the Service are valued at the mean between the quoted bid prices (as
obtained by the Service from dealers in such securities) and asked
prices (as calculated by the Service based upon its evaluation of the
market for such securities). Other investments (which constitute a
majority of the portfolio securities) are carried at fair value as determined
by the Service, based on methods which include consideration
of the following: yields or prices of municipal securities of comparable quality,
coupon, maturity and type; indications as to values from dealers; and
general market conditions. All preceding securities are categorized as
Level 2 in the hierarchy.
When market quotations or official closing prices are not readily available,
or are determined not to reflect accurately fair value, such as
when the value of a security has been significantly affected by events
after the close of the exchange or market on which the security is
principally traded (for example, a foreign exchange or market), but
before the fund calculates its net asset value, the fund may value these
investments at fair value as determined in accordance with the procedures
approved by the Board of Directors. Certain factors may be considered
when fair valuing investments such as: fundamental analytical
data, the nature and duration of restrictions on disposition, an evaluation
of the forces that influence the market in which the securities are
purchased and sold, and public trading in similar securities of the issuer
or comparable issuers. These securities are either categorized as Level
2 or 3 depending on the relevant inputs used.
For restricted securities where observable inputs are limited, assumptions
about market activity and risk are used and are categorized as
Level 3 in the hierarchy.

Additional 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.

 

 

 

 

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.

DREYFUS INTERMEDIATE MUNICIPAL BOND FUND, INC.

By: /s/ Bradley J. Skapyak

Bradley J. Skapyak

President

 

Date:

April 25, 2014

 

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/ Bradley J. Skapyak

Bradley J. Skapyak

President

 

Date:

April 25, 2014

 

By: /s/ James Windels

James Windels

Treasurer

 

Date:

April 25, 2014

 

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)