N-Q 1 form6151.htm FORM N-Q form6151
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 811-3940 
 
Strategic Funds, 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) 
 
Mark N. Jacobs, Esq. 
200 Park Avenue 
New York, New York 10166 
(Name and address of agent for service) 
 
Registrant's telephone number, including area code: (212) 922-6000 

Date of fiscal year end:    10/31 
Date of reporting period:    1/31/07 

The following N-Q relates only to the Registrant’s series listed below and does not affect the other series of the Registrant, which have different fiscal year ends and, therefore, different N-Q reporting requirements. Separate N-Q Forms will be filed for these series, as appropriate.

  Systematic International Equity Fund
  FORM N-Q
Item 1.    Schedule of Investments. 

STATEMENT OF INVESTMENTS         
Systematic International Equity Fund         
January 31, 2007 (Unaudited)         
 
Common Stocks--98.4%    Shares    Value ($) 
Australia--7.1%         
BlueScope Steel    6,967    46,579 
Computershare    1,189    8,447 
CSL    450    24,232 
DB RREEF Trust    30,662    41,974 
GPT Group    11,033    46,808 
Investa Property Group    21,711    41,592 
Lion Nathan    6,506    41,882 
Macquarie Bank    896    56,283 
Macquarie Infrastructure Group    16,368    46,464 
OneSteel    11,595    42,537 
Origin Energy    7,465    52,514 
Pacific Brands    19,778    42,491 
Qantas Airways    10,928    45,684 
QBE Insurance Group    2,500    59,721 
Tabcorp Holdings    3,485    47,194 
Westfield Group    3,500    60,563 
Zinifex    3,300    41,976 
        746,941 
Austria--1.3%         
Flughafen Wien    439    43,763 
Voestalpine    923    53,403 
Wiener Staedtische Versicherung    601    43,896 
        141,062 
Belgium--2.2%         
Belgacom    1,060    47,986 
Dexia    1,884    55,901 
Fortis    1,889    79,311 
Omega Pharma    589    47,318 
        230,516 
Denmark--1.9%         
AP Moller - Maersk    5    50,415 
Carlsberg, Cl. B    450    45,609 
Sydbank    250    12,779 
Topdanmark    275 a    49,546 
TrygVesta    550    45,173 
        203,522 
Finland--2.6%         
Elisa, Cl. A    1,635    48,108 
KCI Konecranes    1,635    52,710 
Nokia    1,333    29,165 
Outokumpu    1,292    51,619 
Rautaruukki    1,183    46,632 
Sampo, Cl. A    1,900    51,820 
        280,054 
France--7.0%         
Accor    725    60,086 
Air France-KLM    1,135    51,056 
BNP Paribas    560    62,429 
Bouygues    165    11,148 
Business Objects    1,105 a    41,571 
CNP Assurances    409    46,821 
Compagnie Generale des Etablissements Michelin, Cl. B    568    51,959 
Klepierre    261    46,255 
Lafarge    398    60,939 

Sanofi-Aventis    357    31,378 
SCOR    620    16,883 
Societe Generale    525    92,699 
Total    1,212    81,811 
Unibail    200    50,430 
Vivendi    798    32,839 
        738,304 
Germany--5.8%         
Allianz    547    109,008 
DaimlerChrysler    1,400    86,948 
Deutsche Boerse    309    64,912 
Deutsche Lufthansa    1,785    49,800 
Deutsche Post    731    22,481 
Deutsche Telekom    525    9,202 
E.ON    188    25,478 
MAN    79    8,310 
Muenchener Rueckversicherungs    399    62,912 
Salzgitter    387    49,321 
Siemens    268    29,447 
Suedzucker    1,737    37,778 
Volkswagen    500    55,714 
        611,311 
Greece--.5%         
Cosmote Mobile Communications    1,559    48,066 
Hong Kong--2.9%         
Cheung Kong Holdings    5,000    65,951 
CLP Holdings    7,500    55,995 
HongKong Electric Holdings    9,500    46,960 
Kerry Properties    9,500    44,223 
New World Development    24,000    52,556 
Orient Overseas International    6,000    40,032 
        305,717 
Ireland--2.8%         
Bank of Ireland    2,600    58,173 
C & C Group    2,900    43,005 
CRH    1,500    59,167 
Fyffes    20,200    28,955 
Independent News & Media    11,400    45,012 
Ryanair Holdings    3,300 a    46,744 
Total Produce    20,200 a    18,952 
        300,008 
Italy--2.1%         
Benetton Group    2,260    39,080 
ENI    872    28,067 
Fondiaria-SAI    919    41,591 
Snam Rete Gas    8,000    47,094 
Telecom Italia    22,500    66,336 
        222,168 
Japan--19.9%         
Asahi Breweries    3,000    46,012 
Canon    900    47,329 
Central Glass    7,000    41,623 
eAccess    42    26,226 
Electric Power Development    1,100    49,375 
Fuji Electric Holdings    8,000    37,631 
Hitachi High-Technologies    1,500    45,217 
Itochu    6,000    52,373 
JFE Holdings    1,300    72,025 
Kawasaki Kisen Kaisha    6,000    51,876 
Kobe Steel    11,000    39,718 

Konica Minolta Holdings    3,000    40,894 
Kyocera    600    55,106 
Kyowa Hakko Kogyo    5,000    43,685 
Kyushu Electric Power    1,800    50,534 
Marubeni    9,000    48,447 
Mitsubishi Electric    6,000    54,311 
Mitsubishi UFJ Financial Group    4    48,364 
Mitsui & Co.    4,000    63,867 
Mitsui Chemicals    6,000    48,447 
Mitsui OSK Lines    5,000    52,008 
Nichirei    7,000    38,261 
Nippon Electric Glass    2,000    47,702 
Nippon Mining Holdings    1,000    7,180 
Nippon Steel    14,000    82,551 
Nippon Yusen    7,000    53,507 
Nissan Motor    1,900    23,728 
Nisshin Steel    13,000    49,093 
Nomura Research Institute    100    15,569 
NSK    5,000    45,756 
Ricoh    2,000    43,561 
Sekisui Chemical    5,000    38,468 
Shimachu    1,500    41,242 
SUMCO    1,200    43,329 
Sumitomo    3,700    57,361 
Sumitomo Trust & Banking    5,000    53,458 
Taiyo Yuden    1,000    19,089 
Tanabe Seiyaku    3,000    40,522 
Tokai Rika    1,700    42,940 
Tokyo Electric Power    1,100    37,441 
Tosoh    9,000    42,559 
Toyota Industries    1,100    51,470 
Toyota Motor    3,000    197,516 
Yamaha    400    8,149 
        2,095,520 
Netherlands--1.5%         
ASML Holding    1,912 a    48,286 
ING Groep    2,411    105,407 
        153,693 
New Zealand--.1%         
Vector    6,100    11,289 
Norway--1.6%         
Tandberg    3,200    53,302 
Telenor    2,900    58,755 
Yara International    2,100    55,832 
        167,889 
Singapore--2.6%         
ComfortDelgro    21,000    24,884 
DBS Group Holdings    4,000    57,295 
Haw Par    2,000    9,245 
Singapore Airlines    4,000    45,836 
Singapore Land    4,000    22,137 
Singapore Telecommunications    26,000    59,249 
UOL Group    14,000    46,487 
Want Want Holdings    8,000    12,000 
        277,133 
Spain--5.7%         
Acerinox    1,645    44,887 
Banco Bilbao Vizcaya Argentaria    1,074    26,661 
Banco Popular Espanol    3,000    57,389 
Banco Santander Central Hispano    6,924    131,641 

Corporacion Mapfre    9,129    45,681 
Endesa    471    23,673 
Fomento de Construcciones y Contratas    451    47,075 
Iberia Lineas Aereas de Espana    11,712    48,533 
Inditex    938    53,134 
Indra Sistemas    1,462    35,721 
Sacyr Vallehermoso    200    12,119 
Sociedad General de Aguas de Barcelona, Cl. A    1,193    42,270 
Telefonica    1,618    35,316 
        604,100 
Sweden--1.5%         
Scania, Cl. B    600    43,008 
Skandinaviska Enskilda Banken, Cl. A    1,800    60,107 
Ssab Svenskt Stal, Ser. B    2,200    51,457 
        154,572 
Switzerland--5.3%         
Credit Suisse Group    300    21,184 
Geberit    30    50,663 
Nestle    200    73,346 
Novartis    1,200    69,014 
Roche Holding    300    56,354 
Swatch Group, Cl. B    200    47,464 
Swiss Reinsurance    700    58,179 
Swisscom    100    37,336 
UBS    1,000    62,535 
Zurich Financial Services    300    80,661 
        556,736 
United Kingdom--24.0%         
3i Group    2,446    50,718 
Anglo American    338    15,704 
AstraZeneca    500    27,909 
Aviva    4,588    74,032 
Barclays    8,133    118,286 
Barratt Developments    2,115    49,134 
Berkeley Group Holdings    1,311 a    38,624 
BHP Billiton    4,116    76,689 
BP    12,431    130,588 
British Airways    4,545 a    48,036 
British Land    325    10,022 
Carnival    916    49,832 
Enterprise Inns    3,850    48,654 
Firstgroup    3,999    42,796 
GlaxoSmithKline    3,139    84,212 
Hanson    3,300    50,233 
HBOS    4,941    107,890 
HSBC Holdings    11,267    204,834 
International Power    3,200    22,657 
Kelda Group    2,500    45,843 
Land Securities Group    1,313    55,224 
Legal & General Group    18,000    54,746 
Mitchells & Butlers    2,925    40,012 
Next    1,301    49,938 
Old Mutual    16,600    56,035 
Prudential    4,950    66,739 
Rio Tinto    1,592    84,950 
Royal Bank of Scotland Group    3,632    145,979 
Royal Dutch Shell, Cl. A    1,965    66,195 
Royal Dutch Shell, Cl. B    3,291    110,346 
SABMiller    2,600    58,970 
Severn Trent    1,600    44,497 

Taylor Woodrow    5,680    45,435 
Travis Perkins    1,261    49,320 
United Utilities    3,300    49,519 
Vodafone Group    57,053    165,955 
Whitbread    1,316    41,936 
Xstrata    990    46,153 
        2,528,642 
Total Common Stocks         
(cost $9,918,159)        10,377,243 
 
Preferred Stocks--1.4%         
Germany         
Henkel    316    49,426 
Porsche    41    51,664 
ProSieben Sat.1 Media    1,394    46,921 
Total Preferred Stocks         
(cost $134,977)        148,011 
 
Total Investments (cost $10,053,136)    99.8%    10,525,254 
Cash and Receivables (Net)    .2%    20,200 
Net Assets    100.0%    10,545,454 
 
a Non-income producing security.         
 
 
Securities valuation policies and other investment related disclosures are hereby incorporated by reference to the annual and 
semi-annual reports previously filed with the Securities and Exchange Commission on Form N-CSR.     

Item 2.    Controls and Procedures. 

(a) The Registrant's principal executive and principal financial officers have concluded, based on their evaluation of the Registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the Registrant's disclosure controls and procedures are reasonably designed to ensure that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the required time periods and that information required to be disclosed by the Registrant in the reports that it files or submits on Form N-Q is accumulated and communicated to the Registrant's management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

(b) There were no changes to the Registrant's internal control over financial reporting that occurred during the Registrant's most recently ended fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting.

Item 3. Exhibits.

(a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940.

  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.

  Strategic Funds, Inc.
By:    /s/ J. David Officer 
    J. David Officer 
President
 
Date:    March 22, 2007 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By:    /s/ J. David Officer 
    J. David Officer 
President
 
Date:    March 22, 2007 
 
By:    /s/ James Windels 
    James Windels 
Treasurer
 
Date:    March 22, 2007 

EXHIBIT INDEX

(a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940. (EX-99.CERT)