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)

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:  11/30 

Date of reporting period:  8/31/07 

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.

Global Stock Fund

International Stock Fund 

FORM N-Q

Item 1.  Schedule of Investments. 

STATEMENT OF INVESTMENTS
Global Stock Fund
August 31, 2007 (Unaudited)
Common Stocks--92.5%	Shares	Value ($)
Consumer Goods--12.8%
Canon	6,700	383,168
Daito Trust Construction	6,400	303,897
Denso	7,900	277,376
Honda Motor	8,300	273,690
L'Oreal	3,700	433,574
LVMH Moet Hennessy Louis Vuitton	3,800	424,628
Nestle	1,150	500,269
Reckitt Benckiser	5,800	315,792
		2,912,394
Consumer Services--13.4%
AEON Mall	12,700	387,205
Hennes & Mauritz, Cl. B	3,453	194,518
Home Depot	6,000	229,860
Inditex	3,100	181,886
Kingfisher	55,000	231,005
Secom	4,000	194,233
Shimamura	1,700	157,866
SYSCO	10,000	333,800
Wal-Mart Stores	8,800	383,944
Walgreen	8,900	401,123
William Morrison Supermarkets	60,000	336,364
		3,031,804
Energy--13.5%
Anadarko Petroleum	8,900	435,922
BG Group	26,500	423,150
CNOOC	390,000	478,922
EOG Resources	6,000	404,160
Suncor Energy	4,800	430,408
Total	5,800	436,741
Woodside Petroleum	12,300	456,408
		3,065,711
Energy Services--6.8%
CLP Holdings	53,000	366,055
Hong Kong & China Gas	180,500	416,819
Nabors Industries	10,300 a	304,777
Schlumberger	4,600	443,900
		1,531,551
Financial Services--6.6%
DBS Group Holdings	31,000	405,638
Millea Holdings	9,200	355,876
Mitsubishi Estate	14,000	375,388
Mitsubishi UFJ Financial Group	38	365,249
		1,502,151
Health Care--15.2%
Abbott Laboratories	8,100	420,471
Astellas Pharma	8,100	376,105
C.R. Bard	2,500	208,475
Cie Generale d'Optique Essilor
International	5,500	333,945
Eisai	9,100	378,702
GlaxoSmithKline	16,500	431,930
Johnson & Johnson	5,100	315,129

Medtronic	6,000	317,040
Patterson Cos.	6,800 a	250,104
Takeda Pharmaceutical	6,000	413,083
		3,444,984
Industrials--11.3%
Daikin Industries	9,600	431,664
Fanuc	3,800	370,513
Hutchison Whampoa	43,000	429,280
Keyence	1,900	421,730
Nitto Denko	5,800	270,421
Rio Tinto	5,100	332,697
Shin-Etsu Chemical	4,100	297,070
		2,553,375
Technology--12.9%
Advantest	7,700	283,608
Automatic Data Processing	6,800	311,032
China Mobile	18,000	243,815
Cisco Systems	10,500 a	335,160
Hirose Electric	600	72,322
HOYA	12,800	444,756
Intel	8,500	218,875
Linear Technology	6,100	207,339
Murata Manufacturing	4,000	280,850
Rohm	3,500	311,831
Telefonaktiebolaget LM Ericsson,
Cl. B	59,000	219,010
		2,928,598
Total Common Stocks
(cost $20,513,710)		20,970,568
Other Investment--3.5%
Registered Investment Company;
Dreyfus Institutional Preferred
Plus Money Market Fund
(cost $800,000)	800,000 b	800,000
Total Investments (cost $21,313,710)	96.0%	21,770,568
Cash and Receivables (Net)	4.0%	910,246
Net Assets	100.0%	22,680,814

a	Non-income producing security.
b	Investment in affiliated money market mutual fund.
Securities valuation policies and other investment related disclosures are hereby incorporated by reference to the annual and
semi-annual reports previously filed with the Securities and Exchange Commission on Form N-CSR.

STATEMENT OF INVESTMENTS
International Stock Fund
August 31, 2007 (Unaudited)
Common Stocks--96.2%	Shares	Value ($)
Consumer Goods--15.3%
Canon	23,200	1,326,792
Daito Trust Construction	26,400	1,253,573
Denso	27,000	947,995
Honda Motor	29,000	956,265
L'Oreal	11,700	1,371,031
LVMH Moet Hennessy Louis Vuitton	11,900	1,329,756
Nestle	3,500	1,522,558
Reckitt Benckiser	18,000	980,045
		9,688,015
Consumer Services--10.4%
AEON Mall	42,000	1,280,520
Hennes & Mauritz, Cl. B	13,160	741,341
Inditex	11,000	645,401
Kingfisher	202,000	848,420
Secom	26,200	1,272,223
Shimamura	10,000	928,621
William Morrison Supermarkets	155,000	868,941
		6,585,467
Energy--14.7%
BG Group	87,000	1,389,211
BP	118,000	1,291,375
CNOOC	1,400,000	1,719,206
Suncor Energy	17,800	1,596,095
Total	17,800	1,340,344
Woodside Petroleum	53,400	1,981,477
		9,317,708
Energy Services--6.4%
Centrica	180,000	1,389,528
CLP Holdings	185,000	1,277,739
Hong Kong & China Gas	593,500	1,370,539
		4,037,806
Financial Services--7.9%
DBS Group Holdings	87,000	1,138,403
Millea Holdings	33,000	1,276,513
Mitsubishi Estate	50,000	1,340,673
Mitsubishi UFJ Financial Group	131	1,259,149
		5,014,738
Health Care--12.8%
Astellas Pharma	31,500	1,462,631
Cie Generale d'Optique Essilor
International	21,800	1,323,635
Eisai	30,700	1,277,600
GlaxoSmithKline	53,700	1,405,737
Novartis	24,600	1,298,220
Takeda Pharmaceutical	19,500	1,342,521
		8,110,344
Industrials--13.1%
Daikin Industries	27,500	1,236,537
Fanuc	14,300	1,394,301
Hutchison Whampoa	125,000	1,247,906
Keyence	6,000	1,331,779
Nitto Denko	19,000	885,863
Rio Tinto	13,800	900,238

Shin-Etsu Chemical	17,800	1,289,718
		8,286,342
Retailing--2.1%
Tesco	158,000	1,352,800
Technology--13.5%
Advantest	26,000	957,638
China Mobile	65,000	880,443
Hirose Electric	8,200	988,407
HOYA	40,000	1,389,861
Murata Manufacturing	13,200	926,804
Nokia	25,200	830,121
NTT DoCoMo	350	535,467
Rohm	11,800	1,051,317
Telefonaktiebolaget LM Ericsson,
Cl. B	260,000	965,127
		8,525,185
Total Common Stocks
(cost $59,420,507)		60,918,405
Other Investment--3.6%
Registered Investment Company;
Dreyfus Institutional Preferred
Plus Money Market Fund
(cost $2,250,000)	2,250,000 a	2,250,000
Total Investments (cost $61,670,507)	99.8%	63,168,405
Cash and Receivables (Net)	.2%	138,726
Net Assets	100.0%	63,307,131

a Investment in affiliated money market mutual fund. 

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.

-2-

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:	October 23, 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:	October 23, 2007

By:	/s/ James Windels
	James Windels
	Treasurer
Date:	October 23, 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)