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DREYFUS CALIFORNIA AMT-FREE MUNICIPAL BOND FUND (Prospectus Summary) | DREYFUS CALIFORNIA AMT-FREE MUNICIPAL BOND FUND
Fund Summary
Investment Objective
The fund seeks as high a level of current income, exempt from federal and

California state income taxes, as is consistent with the preservation of

capital.
Fees and Expenses
This table describes the fees and expenses that you may pay if you buy and hold

shares of the fund. This table describes the fees and expenses that you may pay

if you buy and hold shares of the fund. You may qualify for sales charge

discounts if you and your family invest, or agree to invest in the future, at

least $50,000 in certain funds in the Dreyfus Family of Funds. More information

about these and other discounts is available from your financial professional

and in the Shareholder Guide section on page 8 of the prospectus and in the How

to Buy Shares section and the Additional Information About How to Buy Shares

section on page II-1 and page III-1, respectively, of the fund's Statement of

Additional Information. Class A shares bought without an initial sales charge as

part of an investment of $1 million or more may be charged a deferred sales

charge of 1.00% if redeemed within one year.
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees DREYFUS CALIFORNIA AMT-FREE MUNICIPAL BOND FUND
Class A
Class B
Class C
Class I
Class Z
Maximum sales charge (load) imposed on purchases (as a percentage of offering price)4.50% none none none none
Maximum deferred sales charge (load) (as a percentage of lower of purchase or sale price) none 4.00%1.00% none none
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses DREYFUS CALIFORNIA AMT-FREE MUNICIPAL BOND FUND
Class A
Class B
Class C
Class I
Class Z
Management fees0.60%0.60%0.60%0.60%0.60%
Distribution (12b-1) fees none 0.50%0.75% none none
Other expenses (including shareholder services fees)0.33%0.39%0.36%0.06%0.11%
Total annual fund operating expenses0.93%1.49%1.71%0.66%0.71%
Example
The Example is intended to help you compare the cost of investing in the fund

with the cost of investing in other mutual funds. The Example assumes that you

invest $10,000 in the fund for the time periods indicated and then redeem all of

your shares at the end of those periods. The Example also assumes that your

investment has a 5% return each year and that the fund's operating expenses

remain the same. Although your actual costs may be higher or lower, based on

these assumptions your costs would be:
Expense Example DREYFUS CALIFORNIA AMT-FREE MUNICIPAL BOND FUND (USD $)
Expense Example, With Redemption, 1 Year
Expense Example, With Redemption, 3 Years
Expense Example, With Redemption, 5 Years
Expense Example, With Redemption, 10 Years
Class A
5417339421,542
Class B
5527711,0131,489
Class C
2745399282,019
Class I
67211368822
Class Z
73227395883
You would pay the following expenses if you did not redeem your shares:
Expense Example, No Redemption DREYFUS CALIFORNIA AMT-FREE MUNICIPAL BOND FUND (USD $)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class A
5417339421,542
Class B
1524718131,489
Class C
1745399282,019
Class I
67211368822
Class Z
73227395883
Portfolio Turnover
The fund pays transaction costs, such as commissions, when it buys and sells

securities (or "turns over" its portfolio). A higher portfolio turnover may

indicate higher transaction costs and may result in higher taxes when fund

shares are held in a taxable account. These costs, which are not reflected in

annual fund operating expenses or in the example, affect the fund's performance.

During the most recent fiscal year, the fund's portfolio turnover rate was

14.78% of the average value of its portfolio.
Principal Investment Strategy
To pursue its goal, the fund normally invests substantially all of its net

assets in municipal bonds that provide income exempt from federal and California

state personal income taxes. The fund also seeks to provide income exempt from

the federal alternative minimum tax. The fund invests at least 80% of its assets

in municipal bonds rated investment grade (Baa/BBB or higher) or the unrated

equivalent as determined by The Dreyfus Corporation. For additional yield, the

fund may invest up to 20% of its assets in municipal bonds rated below

investment grade ("high yield" or "junk" bonds) or the unrated equivalent as

determined by The Dreyfus Corporation.



The dollar-weighted average maturity of the fund's portfolio normally exceeds

ten years, but the fund may invest without regard to maturity.



The portfolio managers focus on identifying undervalued sectors and securities.

To select municipal bonds for the fund, the portfolio managers use fundamental

credit analysis to estimate the relative value and attractiveness of various

sectors and securities and actively trade among various sectors, based on their

apparent relative values.



Although the fund seeks to provide income exempt from federal and California

state income taxes, the fund may invest temporarily in taxable bonds and/or

municipal bonds that pay income exempt only from federal income tax, including

when the portfolio managers believe acceptable California municipal bonds are

not available for investment.
Principal Risks
An investment in the fund is not a bank deposit. It is not insured or guaranteed

by the Federal Deposit Insurance Corporation (FDIC) or any other government

agency. It is not a complete investment program. The fund's share price

fluctuates, sometimes dramatically, which means you could lose money.



o Municipal bond market risk. The amount of public information available about

municipal bonds is generally less than that for corporate equities or bonds.

Special factors, such as legislative changes, and state and local economic and

business developments, may adversely affect the yield and/or value of the fund's

investments in municipal bonds. Other factors include the general conditions of

the municipal bond market, the size of the particular offering, the maturity of

the obligation and the rating of the issue. Changes in economic, business or

political conditions relating to a particular municipal project, municipality,

or state in which the fund invests may have an impact on the funds share price.



o Interest rate risk. Prices of municipal bonds tend to move inversely with

changes in interest rates. Typically, a rise in rates will adversely affect bond

prices and, accordingly, the fund's share price. The longer the effective

maturity and duration of the fund's portfolio, the more the fund's share price

is likely to react to interest rates.



o Credit risk. Failure of an issuer to make timely interest or principal

payments, or a decline or perception of a decline in the credit quality of a

municipal bond, can cause the bond's price to fall, potentially lowering the

fund's share price. The lower a bond's credit rating, the greater the chance -

in the rating agency's opinion - that the bond issuer will default or fail to

meet its payment obligations. To the extent the fund invests in high yield

("junk") bonds, its portfolio is subject to heightened credit risk.



o Liquidity risk. When there is little or no active trading market for specific

types of securities, it can become more difficult to sell the securities at or

near their perceived value. In such a market, the value of such securities and

the fund's share price may fall dramatically, even during periods of declining

interest rates. The secondary market for certain municipal bonds tends to be

less well developed or liquid than many other securities markets, which may

adversely affect the fund's ability to sell such municipal bonds at attractive

prices.



o State-specific risk. The fund is subject to the risk that California's

economy, and the revenues underlying its municipal bonds, may decline. Investing

primarily in a single state makes the fund more sensitive to risks specific to

the state and may magnify other risks.



o Non-diversification risk. The fund is non-diversified, meaning that a

relatively high percentage of the fund's assets may be invested in a limited

number of issuers. Therefore, the fund's performance may be more vulnerable to

changes in the market value of a single issuer or group of issuers and more

susceptible to risks associated with a single economic, political or regulatory

occurrence than a diversified fund.
Performance
The following bar chart and table provide some indication of the risks of

investing in the fund. The table compares the average annual total returns

of the fund's shares to those of a broad measure of market performance. The

fund's past performance (before and after taxes) is no guarantee of future

results.  More recent performance information may be available at

www.dreyfus.com.
The bar chart shows changes in the performance of the fund's Class Z shares from

year to year. Sales charges, if any, are not reflected in the bar chart, and if those

charges were included, returns would have been less than those shown.
Year-by-Year Total Returns as of 12/31 each year (%) Class Z
Bar Chart
Best Quarter

Q3, 2009: 8.07%

Worst Quarter

Q4, 2010: -6.01%



The year-to-date total return of the fund's Class Z shares as of

6/30/11 was 4.77%.
After-tax performance is shown only for Class Z shares. After-tax performance of

the fund's other share classes will vary. After-tax returns are calculated using

the historical highest individual federal marginal tax rates, and do not reflect

the impact of state and local taxes. Actual after-tax returns depend on the

investor's tax situation and may differ from those shown, and the after tax

returns shown are not relevant to investors who hold their shares through

tax-deferred arrangements such as 401(k) plans or individual retirement

accounts.



Performance figures for the fund's Class A, Class B, Class C and Class I shares

for periods prior to the inception date of such classes reflect the performance

of the fund's Class Z shares adjusted to reflect any applicable sales charge.

Such performance figures have not been adjusted, however, to reflect applicable

class fees and expenses; if such fees and expenses had been reflected, the

performance shown for Class A, Class B, and Class C shares for such periods may

have been lower.
Average Annual Total Returns (as of 12/31/10) Class (Inception Date)
Average Annual Total Returns DREYFUS CALIFORNIA AMT-FREE MUNICIPAL BOND FUND
Average Annual Returns, Label
Average Annual Returns, 1 Year
Average Annual Returns, 5 Years
Average Annual Returns, 10 Years
Average Annual Returns, Inception Date
Class A
Class A returns before taxes(3.89%)1.70%3.34%Oct. 21, 2004
Class B
Class B returns before taxes(3.84%)1.75%3.70%Oct. 21, 2004
Class C
Class C returns before taxes(1.16%)1.85%3.32%Oct. 21, 2004
Class I
Class I returns before taxes0.92%2.90%3.96%Dec. 15, 2008
Class Z
Class Z returns before taxes0.83%2.88%3.95%Jul. 26, 1983
After Taxes on Distributions Class Z
Class Z returns after taxes on distributions0.83%2.87%3.85%Jul. 26, 1983
After Taxes on Distributions and Sales Class Z
Class Z returns after taxes on distributions and sale of fund shares2.02%3.08%3.96%Jul. 26, 1983
Barclays Capital Municipal Bond Index
Barclays Capital Municipal Bond Index reflects no deduction for fees, expenses or taxes2.38%4.09%4.83%