N-Q 1 form-928.htm QUARTERLY SCHEDULE form-928
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 811-3757 
DREYFUS PREMIER CALIFORNIA AMT-FREE 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) 
 
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:    05/31 
Date of reporting period:    02/29/08 

FORM N-Q

Item 1. Schedule of Investments.

STATEMENT OF INVESTMENTS             
Dreyfus Premier California AMT-Free Municipal Bond Fund, Inc.         
February 29, 2008 (Unaudited)                 
 
Long-Term Municipal    Coupon    Maturity    Principal     
Investments--98.5%    Rate (%)    Date    Amount ($)    Value ($) 
California--91.3%                 
ABAG Finance Authority for                 
Nonprofit Corporations, COP                 
(Episcopal Homes Foundation)    5.25    7/1/10    3,500,000    3,546,725 
ABAG Finance Authority for                 
Nonprofit Corporations,                 
Insured Revenue (Sansum-Santa                 
Barbara Medical Foundation                 
Clinic)    5.50    4/1/21    3,500,000    3,522,435 
ABAG Finance Authority for                 
Nonprofit Corporations,                 
Revenue (San Diego Hospital                 
Association)    5.38    3/1/21    4,000,000    3,905,000 
Alameda Corridor Transportation                 
Authority, Revenue (Insured;                 
MBIA)    5.13    10/1/16    2,000,000    2,065,520 
Alameda County,                 
COP (Insured; MBIA)    5.38    12/1/13    4,500,000    4,789,890 
Alameda County,                 
COP (Insured; MBIA)    5.38    12/1/14    5,500,000    5,830,660 
California,                 
Economic Recovery Bonds    5.00    7/1/16    13,000,000    13,546,390 
California,                 
GO    5.25    2/1/12    90,000 a    96,809 
California,                 
GO    5.00    8/1/22    2,000,000    1,943,880 
California,                 
GO    5.25    2/1/30    25,610,000    24,798,931 
California,                 
GO (Various Purpose)    6.13    10/1/11    2,875,000    3,146,659 
California,                 
GO (Various Purpose)    5.00    12/1/21    10,000,000    9,863,300 
California,                 
GO (Various Purpose)    5.50    4/1/28    20,000    20,009 
California Department of Veteran                 
Affairs, Home Purchase Revenue    4.50    12/1/23    10,000,000    8,668,300 
California Department of Veteran                 
Affairs, Home Purchase Revenue    5.20    12/1/28    5,680,000    5,504,318 
California Department of Water                 
Resources, Power Supply Revenue    5.88    5/1/12    10,000,000 a    11,123,300 
California Department of Water                 
Resources, Water System                 
Revenue (Central Valley                 
Project)    5.50    12/1/11    225,000 a    243,868 
California Department of Water                 

Resources, Water System                 
Revenue (Central Valley                 
Project)    5.50    12/1/15    1,275,000    1,367,794 
California Department of Water                 
Resources, Water System                 
Revenue (Central Valley                 
Project) (Insured; MBIA)    5.00    12/1/23    10,000,000    9,999,200 
California Educational Facilities                 
Authority, Revenue (Claremont                 
McKenna College)    5.00    1/1/38    15,980,000    15,149,679 
California Educational Facilities                 
Authority, Revenue (Pooled                 
College and University                 
Projects)    5.63    7/1/08    810,000 a    826,014 
California Educational Facilities                 
Authority, Revenue (Pooled                 
College and University                 
Projects)    5.63    7/1/23    465,000    428,577 
California Educational Facilities                 
Authority, Revenue (University                 
of Southern California)    4.50    10/1/33    55,000,000    48,334,550 
California Health Facilities                 
Financing Authority, Health                 
Facility Revenue (Adventist                 
Health System/West)    5.00    3/1/17    870,000    870,757 
California Health Facilities                 
Financing Authority, Health                 
Facility Revenue (Adventist                 
Health System/West)    5.00    3/1/18    1,000,000    989,920 
California Health Facilities                 
Financing Authority, Revenue                 
(Cedars-Sinai Medical Center)    6.13    12/1/09    30,695,000 a    32,724,860 
California Health Facilities                 
Financing Authority, Revenue                 
(Cedars-Sinai Medical Center)    6.25    12/1/09    9,460,000 a    10,105,740 
California Health Facilities                 
Financing Authority, Revenue                 
(Cedars-Sinai Medical Center)    5.00    11/15/19    2,000,000    1,986,720 
California Health Facilities                 
Financing Authority, Revenue                 
(Sutter Health)    6.25    8/15/35    7,965,000    8,408,969 
California Health Facilities                 
Financing Authority, Revenue                 
(Sutter Health)    5.25    11/15/46    34,040,000    31,288,887 
California Health Facilities                 
Financing Authority, Revenue                 
(Sutter Health) (Insured; MBIA)    5.35    7/15/09    240,000 a    250,601 
California Health Facilities                 
Financing Authority, Revenue                 
(Sutter Health) (Insured; MBIA)    5.35    8/15/28    3,540,000    3,542,124 
California Infrastructure and                 
Economic Development Bank, Bay             

Area Toll Bridges Seismic                 
Retrofit Revenue (First Lien)                 
(Insured; FSA)    5.25    7/1/13    2,000,000 a    2,177,640 
California Infrastructure and                 
Economic Development Bank,                 
Revenue (Kaiser Hospital                 
Assistance I-LLC)    5.55    8/1/31    21,900,000    21,490,908 
California Infrastructure and                 
Economic Development Bank,                 
Revenue (Performing Arts                 
Center of Los Angeles County)    5.00    12/1/27    1,000,000    942,430 
California Infrastructure and                 
Economic Development Bank,                 
Revenue (The J. Paul Getty                 
Trust)    4.00    12/1/11    2,770,000    2,783,601 
California Municipal Finance                 
Authority, COP (Community                 
Hospitals of Central                 
California Obligated Group)    5.25    2/1/27    6,750,000    6,006,690 
California Municipal Finance                 
Authority, COP (Community                 
Hospitals of Central                 
California Obligated Group)    5.25    2/1/37    20,610,000    17,315,285 
California Pollution Control                 
Financing Authority, PCR                 
(Insured; MBIA)    5.90    6/1/14    48,330,000 b,c    54,408,706 
California Pollution Control                 
Financing Authority, PCR (San                 
Diego Gas and Electric Company)    5.90    6/1/14    11,000,000 b,c    12,383,525 
California Public Works Board,                 
LR (Department of Corrections,                 
California State Prison - Kern                 
County at Delano II)    5.50    6/1/13    3,000,000    3,224,880 
California Public Works Board,                 
LR (Department of Corrections,                 
Calipatria State Prison,                 
Imperial County) (Insured;                 
MBIA)    6.50    9/1/17    13,000,000    14,924,520 
California Public Works Board,                 
LR (Department of Health                 
Services-Richmond Laboratory                 
Project) (Insured; AMBAC)    5.00    11/1/21    10,910,000    10,503,275 
California Public Works Board,                 
LR (Department of Health                 
Services-Richmond Laboratory,                 
Phase III Office Building)                 
(Insured; XLCA)    5.00    11/1/19    1,680,000    1,686,569 
California Public Works Board,                 
LR (Department of Health                 
Services-Richmond Laboratory,                 
Phase III Office Building)                 
(Insured; XLCA)    5.00    11/1/20    1,275,000    1,264,647 

California Public Works Board,                 
LR (Department of Mental                 
Health-Coalinga State Hospital)    5.50    6/1/18    2,500,000    2,631,050 
California Public Works Board,                 
LR (University of California                 
Research Projects) (Insured;                 
MBIA)    5.25    11/1/28    10,005,000    10,010,503 
California Public Works Board,                 
LR (Various University of                 
California Projects)    5.50    6/1/14    5,000,000    5,393,350 
California State University                 
Trustees, Systemwide Revenue                 
(Insured; MBIA)    5.00    11/1/26    10,485,000    10,164,998 
California State University,                 
Fresno Association Inc.,                 
Auxiliary Organization Event                 
Center Revenue    6.00    7/1/12    3,500,000 a    3,914,575 
California State University,                 
Fresno Association Inc.,                 
Auxiliary Organization Event                 
Center Revenue    6.00    7/1/12    2,500,000 a    2,796,125 
California State University,                 
Fresno Association Inc.,                 
Auxiliary Organization Event                 
Center Revenue    6.00    7/1/12    5,250,000 a    5,871,862 
California Statewide Communities                 
Development Authority, COP                 
(Catholic Healthcare West)    6.50    7/1/10    2,780,000 a    3,028,282 
California Statewide Communities                 
Development Authority, COP                 
(Catholic Healthcare West)    6.50    7/1/10    1,220,000 a    1,326,347 
California Statewide Communities                 
Development Authority, COP                 
(The Internext Group)    5.38    4/1/30    20,000,000    18,050,600 
California Statewide Communities                 
Development Authority, Health                 
Facility Revenue (Adventist                 
Health System/West)    5.00    3/1/35    9,880,000    8,650,236 
California Statewide Communities                 
Development Authority, Revenue                 
(Daughters of Charity Health                 
System)    5.25    7/1/24    8,205,000    7,601,276 
California Statewide Communities                 
Development Authority, Revenue                 
(Inland Regional Center                 
Project)    5.25    12/1/27    9,000,000    8,238,600 
California Statewide Communities                 
Development Authority, Revenue                 
(Kaiser Permanente)    5.50    11/1/32    13,500,000    13,082,715 
California Statewide Communities                 
Development Authority, Revenue                 
(Saint Ignatius College                 

Preparatory) (Insured; AMBAC)    5.00    6/1/32    5,635,000    5,399,344 
California Statewide Communities                 
Development Authority, Revenue                 
(Sutter Health)    5.50    8/15/28    14,000,000    13,796,860 
California Statewide Communities                 
Development Authority, Revenue                 
(The California Endowment)    5.25    7/1/20    2,280,000    2,364,383 
California Statewide Communities                 
Development Authority, Revenue                 
(The California Endowment)    5.00    7/1/28    15,360,000    15,165,850 
California Statewide Communities                 
Development Authority, Revenue                 
(The California Endowment)    5.00    7/1/33    16,710,000    16,241,117 
California Statewide Communities                 
Development Authority, Revenue                 
(The California Endowment)    5.00    7/1/36    14,355,000    13,848,556 
Capistrano Unified School                 
District, Community Facilities                 
District Special Tax Number 98                 
(Ladera)    5.75    9/1/09    5,500,000 a    5,841,770 
Capistrano Unified School                 
District, School Facilities                 
Improvement District Number 1                 
(Insured; FGIC)    6.00    8/1/24    2,075,000    2,173,853 
Capistrano Unified School                 
District, Community Facilities                 
District Number 98-2, Special                 
Tax Revenue (Insured; FGIC)    5.00    9/1/19    3,545,000    3,527,523 
Carson Redevelopment Agency,                 
Tax Allocation Revenue                 
(Redevelopment Project Area                 
Number 1) (Insured; MBIA)    5.50    10/1/13    1,000,000    1,075,720 
Castaic Lake Water Agency,                 
COP, Revenue (Water System                 
Improvement Project) (Insured;                 
AMBAC)    0.00    8/1/27    10,000,000    3,184,100 
Central California Joint Powers                 
Health Financing Authority,                 
COP (Community Hospitals of                 
Central California Obligated                 
Group)    6.00    2/1/10    5,000,000 a    5,349,350 
Central California Joint Powers                 
Health Financing Authority,                 
COP (Community Hospitals of                 
Central California Obligated                 
Group)    6.00    2/1/10    1,000,000 a    1,069,870 
Central California Joint Powers                 
Health Financing Authority,                 
COP (Community Hospitals of                 
Central California Obligated                 
Group)    5.75    2/1/11    18,500,000 a    20,034,020 
Chabot-Las Positas Community                 

College District, GO (Insured;                 
AMBAC)    0.00    8/1/22    3,000,000    1,318,560 
Chabot-Las Positas Community                 
College District, GO (Insured;                 
AMBAC)    0.00    8/1/32    10,000,000    2,229,800 
Chino Valley Unified School                 
District, GO (Insured; MBIA)    5.25    8/1/30    10,000,000    9,973,400 
Coast Community College District,                 
GO (Insured; FSA)    0.00    8/1/29    15,565,000    10,914,022 
Contra Costa County Public Finance                 
Authority, Tax Allocation                 
Revenue (Pleasant Hill BART,                 
North Richmond, Bay Point,                 
Oakley and Rodeo Redevelopment             
Projects Areas)    5.45    8/1/09    2,260,000 a    2,382,560 
Contra Costa County Public Finance                 
Authority, Tax Allocation                 
Revenue (Pleasant Hill BART,                 
North Richmond, Bay Point,                 
Oakley and Rodeo Redevelopment             
Projects Areas)    5.45    8/1/28    395,000    381,767 
Cucamonga County Water District,                 
COP (Insured; FGIC)    5.25    9/1/25    5,555,000    5,523,559 
Delano,                 
COP (Delano Regional Medical                 
Center)    5.25    1/1/18    13,500,000    13,036,410 
Dublin Unified School District,                 
GO (Insured; FSA)    5.00    8/1/29    13,430,000    13,135,749 
Elsinore Valley Municipal Water                 
District, COP (Insured; FGIC)    5.38    7/1/19    3,855,000    4,074,504 
Escondido Reassessment District                 
Number 98-1 (Rancho San                 
Pasqual)    5.70    9/2/26    1,335,000    1,214,436 
Fontana,                 
Special Tax (Insured; MBIA)    5.25    9/1/17    10,000,000    10,296,200 
Fontana Public Financing                 
Authority, Tax Allocation                 
Revenue (North Fontana                 
Redevelopment Project)                 
(Insured; AMBAC)    5.50    9/1/32    13,800,000    13,816,284 
Foothill/Eastern Transportation                 
Corridor Agency, Toll Road                 
Revenue    7.05    1/1/10    2,000,000    2,154,240 
Foothill/Eastern Transportation                 
Corridor Agency, Toll Road                 
Revenue    5.75    1/15/40    1,745,000    1,646,896 
Foothill/Eastern Transportation                 
Corridor Agency, Toll Road                 
Revenue (Insured; MBIA)    5.25    1/15/12    4,550,000    4,698,876 
Foothill/Eastern Transportation                 
Corridor Agency, Toll Road                 
Revenue (Insured; MBIA)    5.13    1/15/19    2,000,000    2,000,860 

Fremont Union High School                 
District, GO (Insured; FGIC)    5.25    9/1/10    3,400,000 a    3,593,596 
Fremont Union High School                 
District, GO (Insured; FGIC)    5.25    9/1/10    4,000,000 a    4,227,760 
Fremont Union High School                 
District, GO (Insured; FGIC)    5.25    9/1/10    11,295,000 a    11,938,137 
Fullerton Community Facilities                 
District Number 1, Special Tax                 
Revenue (Amerige Heights)    6.10    9/1/22    1,000,000    1,005,260 
Fullerton Community Facilities                 
District Number 1, Special Tax                 
Revenue (Amerige Heights)    6.20    9/1/32    2,500,000    2,498,425 
Golden State Tobacco                 
Securitization Corporation,                 
Enhanced Tobacco Settlement                 
Asset-Backed Bonds    5.50    6/1/13    5,000,000 a    5,393,750 
Golden State Tobacco                 
Securitization Corporation,                 
Enhanced Tobacco Settlement                 
Asset-Backed Bonds (Insured;                 
FSA)    0/4.55    6/1/22    1,725,000 d    1,361,819 
Golden State Tobacco                 
Securitization Corporation,                 
Tobacco Settlement                 
Asset-Backed Bonds    6.75    6/1/13    14,770,000 a    16,804,420 
Golden State Tobacco                 
Securitization Corporation,                 
Tobacco Settlement                 
Asset-Backed Bonds    5.75    6/1/47    34,725,000    31,039,636 
Grossmont Union High School                 
District, GO (Insured; FSA)    0.00    8/1/21    4,375,000    2,145,412 
Grossmont Union High School                 
District, GO (Insured; FSA)    0.00    8/1/22    4,605,000    2,117,517 
Grossmont Union High School                 
District, GO (Insured; FSA)    0.00    8/1/23    4,850,000    2,094,278 
Grossmont Union High School                 
District, GO (Insured; FSA)    0.00    8/1/26    3,265,000    1,151,108 
Imperial Redevelopment Agency,                 
Subordinate Tax Allocation                 
Revenue (Imperial                 
Redevelopment Project)    4.50    12/1/08    2,000,000 a    2,026,700 
Kaweah Delta Health Care District,                 
Revenue    6.00    8/1/12    9,000,000 a    10,152,900 
La Quinta Financing Authority,                 
Local Agency Revenue (Insured;             
AMBAC)    5.00    9/1/29    12,400,000    11,638,516 
Lincoln, Community Facilities                 
District Number 2003-1 Special                 
Tax Bonds (Lincoln Crossing                 
Project)    5.65    9/1/13    1,125,000 a    1,257,255 
Long Beach Bond Finance Authority,                 
Natural Gas Purchase Revenue    5.50    11/15/28    9,000,000    8,260,020 

Long Beach Special Tax Community                 
Facilities District Number 5                 
(Towne Center)    6.88    10/1/25    500,000    501,420 
Los Angeles,                 
Wastewater System Revenue                 
(Insured; MBIA)    4.75    6/1/35    18,975,000    17,249,224 
Los Angeles Community College                 
District, GO (Insured; MBIA)    5.50    8/1/11    1,845,000 a    1,987,545 
Los Angeles County Metropolitan                 
Transportation Authority,                 
Sales Tax Revenue (Insured;                 
FGIC)    5.00    7/1/10    1,450,000 a    1,533,070 
Los Angeles Department of Water                 
and Power, Power System Revenue    5.00    7/1/30    10,000,000    9,685,500 
Los Angeles Department of Water                 
and Power, Water System                 
Revenue (Insured: AMBAC)    5.00    7/1/32    5,000,000    4,795,850 
Los Angeles Unified School                 
District, GO (Insured; MBIA)    5.75    7/1/15    3,000,000    3,367,350 
Los Angeles Unified School                 
District, GO (Insured; MBIA)    5.75    7/1/17    8,385,000    9,383,402 
Madera County,                 
COP (Valley Children's                 
Hospital) (Insured; MBIA)    6.50    3/15/09    3,370,000    3,499,307 
Midpeninsula Regional Open Space                 
District Financing Authority,                 
Revenue (Insured; AMBAC)    0.00    9/1/15    2,825,000    2,102,111 
Modesto Irrigation District,                 
COP (Capital Improvements)                 
(Insured; FSA)    5.25    7/1/16    1,370,000    1,454,351 
Mount Diablo Unified School                 
District, GO (Insured; MBIA)    5.00    6/1/27    4,670,000    4,431,596 
Murrieta Valley Unified School                 
District, GO (Insured; FGIC)    0.00    9/1/21    4,950,000    2,292,939 
Natomas Unified School District,                 
GO (Insured; MBIA)    5.95    9/1/21    2,500,000    2,700,525 
Northern California Power Agency,                 
Revenue (Hydroelectric Project                 
Number 1) (Insured; AMBAC)    7.00    1/1/16    670,000 a    808,322 
Northern California Power Agency,                 
Revenue (Hydroelectric Project                 
Number 1) (Insured; AMBAC)    7.50    7/1/21    375,000 a    471,311 
Northern California Power Agency,                 
Revenue (Hydroelectric Project                 
Number 1) (Insured; MBIA)    6.30    7/1/18    26,400,000    30,224,040 
Oakland Unified School District,                 
GO (Insured; FGIC)    5.25    8/1/24    17,275,000    16,484,151 
Orange County Community Facilities                 
District (Ladera Ranch)                 
Special Tax Number 03-1    5.25    8/15/19    1,100,000    1,080,937 
Orange County Community Facilities                 
District (Ladera Ranch)                 

Special Tax Number 03-1    5.30    8/15/20    1,450,000    1,411,952 
Orange County Community Facilities                 
District (Ladera Ranch)                 
Special Tax Number 04-1    4.88    8/15/21    2,355,000    2,175,078 
Orange County Community Facilities                 
District (Landera Ranch)                 
Special Tax Number 1    6.25    8/15/08    1,600,000 a    1,627,792 
Orange County Community Facilities                 
District (Landera Ranch)                 
Special Tax Number 1    6.00    8/15/10    3,000,000 a    3,249,150 
Orange County Community Facilities                 
District (Landera Ranch)                 
Special Tax Number 3    5.60    8/15/28    3,250,000    3,058,900 
Orange County Community Facilities                 
District (Landera Ranch)                 
Special Tax Number 3    5.63    8/15/34    6,000,000    5,572,320 
Orange County Public Financing                 
Authority, LR (Juvenile                 
Justice Center Facility)                 
(Insured; AMBAC)    5.38    6/1/19    6,150,000    6,342,618 
Pomona,                 
COP (General Fund Lease                 
Financing) (Insured; AMBAC)    5.50    6/1/28    1,000,000    999,180 
Pomona Redevelopment Agency,                 
Tax Allocation Revenue (West                 
Holt Avenue Redevelopment                 
Project)    5.50    5/1/32    3,000,000    2,883,510 
Poway Unified School District                 
Community Facilities District                 
Number 14, Improvement Area A                 
Special Tax (Del Sur)    5.00    9/1/19    1,015,000    935,089 
Poway Unified School District                 
Community Facilities District                 
Number 14, Special Tax (Del                 
Sur)    4.90    9/1/18    1,790,000    1,655,678 
Rancho California Water District                 
Financing Authority, Revenue,                 
Refunding (Insured; FSA)    5.50    8/1/08    1,670,000    1,691,927 
Rancho Cucamonga Redevelopment                 
Agency, Tax Allocation Revenue                 
(Rancho Development Project)                 
(Insured; MBIA)    5.38    9/1/25    7,485,000    7,502,739 
Rancho Mirage Joint Powers                 
Financing Authority, Revenue                 
(Eisenhower Medical Center)    5.63    7/1/14    10,430,000 a    11,570,208 
Riverside County Public Financing                 
Authority, Tax Allocation                 
Revenue (Redevelopment                 
Projects) (Insured; XLCA)    5.25    10/1/18    1,275,000    1,296,586 
Sacramento City Financing                 
Authority, Capital Improvement                 
Revenue (Water and Capital                 

Improvement Projects) (Insured;                 
AMBAC)    5.50    6/1/11    4,670,000 a    5,016,094 
Sacramento City Financing                 
Authority, Capital Improvement                 
Revenue (Water and Capital                 
Improvement Projects) (Insured;                 
AMBAC)    5.50    6/1/11    5,140,000 a    5,520,925 
Sacramento County,                 
Laguna Creek Ranch/Elliott                 
Ranch Community Facilities                 
District Number 1, Improvement                 
Area Number 1, Special Tax                 
(Laguna Creek Ranch)    5.70    12/1/20    2,970,000    2,820,282 
Sacramento County,                 
Special Tax (Community                 
Facilities District Number 1)    5.40    12/1/09    1,220,000    1,249,036 
Sacramento County Sanitation                 
District Financing Authority,                 
Revenue    5.50    12/1/14    4,000,000    4,269,600 
Sacramento County Water Financing                 
Authority, Revenue (Sacramento                 
County Water Agency Zones 40                 
and 41 2007 Water System                 
Project) (Insured; FGIC)    5.00    6/1/25    10,845,000    10,582,117 
Sacramento Municipal Utility                 
District, Electric Revenue                 
(Insured; MBIA)    6.50    9/1/13    6,930,000    7,570,679 
San Bernardino County,                 
COP (Capital Facilities                 
Project)    6.88    8/1/24    5,000,000    6,011,900 
San Diego,                 
Water Utility Fund Net System                 
Revenue (Insured; FGIC)    4.75    8/1/28    19,970,000    18,632,409 
San Diego County,                 
COP (Burnham Institute for                 
Medical Research)    5.70    9/1/09    3,000,000 a    3,133,290 
San Diego County,                 
COP (Burnham Institute for                 
Medical Research)    6.25    9/1/09    3,800,000 a    4,025,796 
San Diego County,                 
COP (Burnham Institute for                 
Medical Research)    5.00    9/1/12    1,260,000    1,286,208 
San Diego County,                 
COP (Burnham Institute for                 
Medical Research)    5.00    9/1/24    2,265,000    2,052,928 
San Diego County,                 
COP (Burnham Institute for                 
Medical Research)    5.00    9/1/34    5,190,000    4,334,636 
San Diego Unified School District,                 
GO (Insured; FSA)    5.25    7/1/16    1,465,000    1,597,231 
San Francisco City and County                 
Airport Commission, San                 

Francisco International                 
Airport Second Series Revenue                 
(Issue 32F) (Insured; FGIC)    5.00    5/1/21    1,000,000    988,820 
San Francisco City and County                 
Public Utilities Commission,                 
San Francisco Water Revenue                 
(Insured; FSA)    5.00    11/1/24    10,000,000    10,012,600 
San Francisco City and County                 
Redevelopment Agency,                 
Community Facilities District                 
Number 6 (Mission Bay South                 
Public Improvements)    0.00    8/1/18    445,000    231,605 
San Francisco City and County                 
Redevelopment Agency,                 
Community Facilities District                 
Number 6 (Mission Bay South                 
Public Improvements)    0.00    8/1/21    500,000    208,200 
San Francisco City and County,                 
COP (San Bruno Jail Number 3)                 
(Insured; AMBAC)    5.25    10/1/21    2,985,000    3,010,701 
San Joaquin Hills Transportation                 
Corridor Agency, Toll Road                 
Revenue (Insured; MBIA)    0.00    1/15/32    48,295,000    10,245,301 
San Jose Redevelopment Agency,                 
Tax Allocation Revenue (Merged             
Area Redevelopment Project)    5.25    8/1/08    1,000,000 a    1,031,530 
San Jose Unified School District,                 
GO (Insured; FGIC)    5.00    8/1/24    12,580,000    12,482,128 
San Mateo Redevelopment Agency,                 
Merged Area Tax Allocation                 
Revenue    5.10    8/1/11    1,835,000 a    1,951,890 
San Mateo Union High School                 
District, GO (Insured; FSA)    5.00    9/1/21    1,000,000    1,014,970 
Santa Clara Unified School                 
District, GO    5.50    7/1/16    1,870,000    1,980,854 
Santa Clara Valley Transportation                 
Authority, Measure A Sales Tax                 
Revenue (Insured; AMBAC)    5.00    4/1/32    7,715,000    7,396,756 
Sequoia Union High School                 
District, GO (Insured; FSA)    5.00    7/1/24    2,695,000    2,698,450 
Simi Valley School Financing                 
Authority, GO Revenue (Simi                 
Valley Unified School District                 
GO Bond) (Insured; FSA)    5.00    8/1/27    6,500,000    6,420,180 
South Placer Wastewater Authority,                 
Wastewater Revenue (Insured;                 
FGIC)    5.25    11/1/10    1,000,000 a    1,069,550 
South Placer Wastewater Authority,                 
Wastewater Revenue (Insured;                 
FGIC)    5.50    11/1/10    1,000,000 a    1,075,930 
Stockton,                 
Health Facilities Revenue                 

(Dameron Hospital Association)    5.70    12/1/14    1,000,000    1,011,200 
Tobacco Securitization Authority                 
of Northern California,                 
Tobacco Settlement                 
Asset-Backed Bonds (Sacramento             
County Tobacco Securitization                 
Corporation)    5.38    6/1/38    20,000,000    17,082,600 
Tobacco Securitization Authority                 
of Southern California,                 
Tobacco Settlement                 
Asset-Backed Bonds (San Diego                 
County Tobacco Asset                 
Securitization Corporation)    4.75    6/1/25    2,430,000    2,215,723 
Torrance Redevelopment Agency,                 
Tax Allocation Revenue    5.63    9/1/28    500,000    442,825 
University of California,                 
Multi Purpose Revenue                 
(Insured; MBIA)    5.25    9/1/08    31,475,000 a    32,227,882 
University of California,                 
Revenue (Limited Project)                 
(Insured; FSA)    5.00    5/15/22    14,655,000    14,786,309 
Ventura County Community College                 
District, GO (Insured; MBIA)    5.50    8/1/23    4,250,000    4,362,625 
West Covina Redevelopment Agency,                 
Community Facilities District,                 
Special Tax Revenue (Fashion                 
Plaza)    6.00    9/1/17    6,000,000    6,609,840 
West Covina Redevelopment Agency,                 
Community Facilities District,                 
Special Tax Revenue (Fashion                 
Plaza)    6.00    9/1/22    11,325,000    12,944,362 
West Kern Community College                 
District, GO (Insured; XLCA)    0.00    11/1/20    1,000,000    487,420 
Whittier Health Facility,                 
Revenue (Presbyterian                 
Intercommunity Hospital)    5.75    6/1/12    10,090,000 a    11,181,738 
U.S. Related--7.2%                 
Children's Trust Fund of Puerto                 
Rico, Tobacco Settlement                 
Asset-Backed Bonds    5.75    7/1/10    1,000,000 a    1,043,990 
Children's Trust Fund of Puerto                 
Rico, Tobacco Settlement                 
Asset-Backed Bonds    5.75    7/1/10    3,000,000 a    3,131,970 
Puerto Rico Commonwealth,                 
Public Improvement    5.25    7/1/22    2,000,000    1,923,840 
Puerto Rico Electric Power                 
Authority, Power Revenue                 
(Insured; FSA)    5.75    7/1/10    2,000,000 a    2,142,140 
Puerto Rico Highways and                 
Transportation Authority,                 
Highway Revenue (Insured; FSA)    6.25    7/1/16    3,000,000    3,442,350 
Puerto Rico Highways and                 

Transportation Authority,                 
Highway Revenue (Insured; MBIA)    5.50    7/1/13    4,750,000    5,013,720 
Puerto Rico Highways and                 
Transportation Authority,                 
Transportation Revenue    6.00    7/1/10    2,000,000 a    2,153,340 
Puerto Rico Highways and                 
Transportation Authority,                 
Transportation Revenue                 
(Insured; MBIA)    5.00    7/1/38    2,000,000 b,c    2,001,970 
Puerto Rico Infrastructure                 
Financing Authority, Special                 
Obligation    5.50    10/1/32    10,000,000    10,375,200 
Puerto Rico Infrastructure                 
Financing Authority, Special                 
Tax Revenue    5.50    10/1/40    39,000,000    40,424,670 
Puerto Rico Infrastructure                 
Financing Authority, Special                 
Tax Revenue (Insured; AMBAC)    5.50    7/1/28    10,200,000    10,003,446 
Puerto Rico Public Buildings                 
Authority, Government Facility                 
Revenue    5.50    7/1/16    1,500,000    1,567,680 
University of Puerto Rico,                 
University System Revenue    5.00    6/1/23    10,000,000    9,253,600 
Virgin Islands Public Finance                 
Authority, Revenue    7.30    10/1/18    3,100,000    3,731,005 
Virgin Islands Public Finance                 
Authority, Revenue, Virgin                 
Islands Gross Receipts Taxes                 
Loan Note    5.63    10/1/10    1,115,000    1,142,050 
Virgin Islands Public Finance                 
Authority, Revenue, Virgin                 
Islands Matching Fund Loan                 
Notes    6.00    10/1/22    2,000,000    1,953,400 
Virgin Islands Water and Power                 
Authority, Electric System                 
Revenue (Insured; Radian)    5.13    7/1/11    1,000,000    1,013,070 
Total Long-Term Municipal Investments             
(cost $1,374,945,289)                1,354,958,768 
Short-Term Municipal    Coupon    Maturity    Principal     
Investments--3.5%    Rate (%)    Date    Amount ($)    Value ($) 
California;                 
California Infrastructure and                 
Economic Development Bank,                 
Insured Revenue (The RAND                 
Corporation) (Insured; AMBAC                 
and Liquidity Facility;                 
JPMorgan Chase Bank)    6.00    3/1/08    24,760,000 e    24,760,000 
California Infrastructure and                 
Economic Development Bank,                 
Revenue (Asian Art Museum                 
Foundation of San Francisco)                 
(Insured; MBIA and Liquidity                 

Facility; JPMorgan Chase Bank)    7.05    3/1/08    7,100,000 e    7,100,000 
Hemet Unified School District,                 
COP (School Facilities                 
Project) (Insured; AMBAC and                 
Liquidity Facility; State                 
Street Bank and Trust Co.)    6.25    3/7/08    4,545,000 e    4,545,000 
Los Angeles Department of Water                 
and Power, Water System                 
Revenue (Liquidity Facility;                 
Banco Bilboa Vizcaya)    2.89    3/1/08    1,550,000 e    1,550,000 
M-S-R Public Power Agency,                 
San Juan Project Subordinate                 
Lien Revenue (Insured; MBIA                 
and Liquidity Facility; Bank                 
One)    5.90    3/1/08    1,000,000 e    1,000,000 
Ontario Industrial Development                 
Authority, IDR (L.D. Brinkman                 
and Company - West Coast                 
Project) (LOC; Bank of America)    3.20    3/1/08    1,400,000 e    1,400,000 
San Francisco City and County                 
Finance Corporation, LR                 
(Moscone Center                 
Expansion Project)                 
(Insured; AMBAC and Liquidity                 
Facility: JPMorgan Chase Bank                 
and State Street Bank and Trust Co.)    5.10    3/7/08    7,545,000 e    7,545,000 
Total Short-Term Municipal Investments             
(cost $47,900,000)                47,900,000 
Total Investments (cost $1,422,845,289)            102.0%    1,402,858,768 
Liabilities, Less Cash and Receivables            (2.0%)    (26,935,581) 
Net Assets            100.0%    1,375,923,187 

a 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. 
b 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 February 29, 2008, these securities 
amounted to $68,794,201 or 5.0% of net assets. 
c Collateral for floating rate borrowings. 
d Zero coupon until a specified date at which time the stated coupon rate becomes effective until maturity. 
e Securities payable on demand. Variable interest rate--subject to periodic change. 
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. 

Summary of Abbreviations         
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 
BIGI    Bond Investors Guaranty Insurance    BPA    Bond Purchase Agreement 
CGIC    Capital Guaranty Insurance Company    CIC    Continental Insurance Company 

CIFG    CDC Ixis Financial Guaranty    CMAC    Capital Market Assurance Corporation 
COP    Certificate of Participation    CP    Commercial Paper 
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    FSA    Financial Security Assurance 
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 
LOC    Letter of Credit    LOR    Limited Obligation Revenue 
LR    Lease Revenue    MBIA    Municipal Bond Investors Assurance Insurance 
            Corporation 
MFHR    Multi-Family Housing Revenue    MFMR    Multi-Family Mortgage Revenue 
PCR    Pollution Control Revenue    PILOT    Payment in Lieu of Taxes 
RAC    Revenue Anticipation Certificates    RAN    Revenue Anticipation Notes 
RAW    Revenue Anticipation Warrants    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    SWDR    Solid Waste Disposal Revenue 
TAN    Tax Anticipation Notes    TAW    Tax Anticipation Warrants 
TRAN    Tax and Revenue Anticipation Notes    XLCA    XL Capital Assurance 

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 PREMIER CALIFORNIA AMT-FREE MUNICIPAL BOND FUND, INC.

By:    /s/ J. David Officer 
    J. David Officer 
    President 
 
Date:    April 22, 2008 
 
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:    April 22, 2008 
 
By:    /s/ James Windels 
    James Windels 
    Treasurer 
 
Date:    April 22, 2008 
 
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)