N-Q 1 form.htm FORM NQ-227 form
    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 811-3964 
 
DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS 
    (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:    1/31 
 
Date of reporting period:    10/31/04 


FORM N-Q

Item 1. Schedule of Investments.

Dreyfus Government Cash Management             
Statement of Investments             
October 31, 2004 (Unaudited)             
    Annualized         
    Yield on         
    Date of    Principal     
U.S. Government Agencies --98.7%    Purchase (%)    Amount ($)    Value ($) 




Federal Farm Credit Banks, Consolidated Systemwide Floating Rate Notes         
11/8/2004    1.78 a    75,000,000    74,999,640 
12/2/2004    1.77 a    230,000,000    229,996,104 
12/3/2004    1.77 a    75,000,000    74,998,353 
2/8/2005    1.79 a    50,000,000    50,000,000 
4/15/2005    1.79 a    125,000,000    124,994,354 
Federal Home Loan Banks, Discount Notes             
11/1/2004    1.69    547,000,000    547,000,000 
11/10/2004    1.74    307,246,000    307,112,348 
4/1/2005    2.03    25,000,000    24,911,732 
4/8/2005    2.10    215,629,000    213,665,818 
4/13/2005    2.10    106,221,000    105,222,608 
4/15/2005    2.10    102,449,000    101,472,047 
4/20/2005    2.10    75,000,000    74,263,333 
5/3/2005    1.35    105,000,000    104,997,504 
Federal Home Loan Banks, Floating Rate Notes             
11/24/2004    1.77 a    400,000,000    399,994,962 
12/15/2004    1.77 a    250,000,000    249,997,737 
4/7/2005    1.80 a    85,000,000    84,999,976 
4/11/2006    1.81 a    250,000,000    249,783,729 
Federal Home Loan Banks, Notes             
12/2/2004    1.77    100,000,000    100,000,429 
12/15/2004    1.37    44,570,000    44,608,022 
2/15/2005    1.23    25,000,000    25,043,631 
3/11/2005    1.42    200,000,000    200,000,000 
4/29/2005    1.32    100,000,000    100,000,000 
Federal Home Loan Mortgage Corporation, Discount Notes         
12/20/2004    1.62    227,854,000    227,354,683 
Federal National Mortgage Association, Discount Notes         
11/3/2004    1.51    351,915,000    351,885,674 
11/12/2004    1.34    269,000,000    268,891,427 
11/24/2004    1.63    85,675,000    85,586,053 
12/22/2004    1.84    500,000,000    498,703,750 
1/26/2005    2.02    50,000,000    49,760,514 
2/4/2005    1.30    100,000,000    99,662,222 
2/9/2005    1.83    250,000,000    248,743,056 
Federal National Mortgage Association, Floating Rate Notes         
3/10/2005    1.78 a    100,000,000    100,000,000 
Federal National Mortgage Association, Notes             
2/11/2005    1.35    200,000,000    200,000,000 
2/25/2005    1.37    113,500,000    113,500,000 
4/19/2005    1.29    235,000,000    235,000,000 
Total U.S. Government Agencies             
(cost $5,967,149,706)            5,967,149,706 
Repurchase Agreements --1.4%             




Goldman Sachs & Co.             
dated 10/29/2004, due 11/1/2004 in the amount of $86,011,467         
(fully collateralized by $72,559,000 U.S. Treasury Bills, due 2/24/2005,         
$14,693,000 U.S. Treasury Bonds, 5.25% due 2/15/2029         
value $87,720,800)             
(cost $86,000,000)    1.60    86,000,000    86,000,000 
 
 
 
Total Investments ($6,053,149,706)    100.1%        6,053,149,706 
Liabilities, Less Cash and Receivables    (0.1%)        (8,101,037) 
Net Assets    100.0%        6,045,048,669 

a 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.


Dreyfus Government Prime Cash Management         
Statement of Investments             
10/31/2004 (Unaudited)             
    Annualized         
    Yield on         
    Date of    Principal     
U.S. Treasury Bills - 26.1%    Purchase (%)    Amount ($)    Value ($) 




11/12/2004    1.55    42,000,000    41,980,108 
12/23/2004    1.64    100,000,000    99,764,556 
1/27/2005    1.79    125,000,000    124,462,292 
Total U.S. Treasury Bills             
(cost $266,206,956)            266,206,956 
 
U.S. Government Agencies - 74.1%             




Federal Farm Credit Banks, Consolidated Systemwide Floating Rate Notes         
11/8/2004    1.78 a    25,000,000    24,999,880 
12/3/2004    1.77 a    25,000,000    24,999,451 
4/15/2005    1.79 a    50,000,000    49,997,742 
Federal Farm Credit Banks, Discount Notes             
11/1/2004    1.71    50,000,000    50,000,000 
11/5/2004    1.68    50,000,000    49,990,667 
11/9/2004    1.71    50,000,000    49,981,000 
11/12/2004    1.70    55,000,000    54,971,431 
Federal Home Loan Banks, Discount Notes             
11/1/2004    1.69    72,000,000    72,000,000 
3/8/2005    1.34    12,510,000    12,505,495 
3/16/2005    1.96    58,000,000    57,578,050 
4/1/2005    2.03    50,000,000    49,823,463 
Federal Home Loan Banks, Notes             
11/15/2004    1.14    5,605,000    5,606,744 
12/3/2004    1.43    25,000,000    25,000,000 
12/15/2004    1.16    5,000,000    5,015,997 
2/15/2005    1.23    5,000,000    5,008,726 
Tennessee Valley Authority, Discount Notes             
11/4/2004    1.68    150,000,000    149,978,957 
11/18/2004    1.69    68,200,000    68,145,440 
Total U.S. Government Agencies             
(cost $755,603,043)            755,603,043 
 
Total Investments ($1,021,809,999)        100.2%    1,021,809,999 
Liabilities, Less Cash and Receivables        (.2%)    (2,502,346) 
Net Assets        100.0%    1,019,307,653 
 
a 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.     


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 GOVERNMENT CASH MANAGEMENT FUNDS

By:    /s/ Stephen E. Canter 
    Stephen E. Canter 
    President 
 
Date:    December 15, 2004 

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/ Stephen E. Canter 
    Stephen E. Canter 
    Chief Executive Officer 
 
Date:    December 15, 2004 
 
By:    /s/ James Windels 
James Windels
    Chief Financial Officer 
 
Date:    December 15, 2004 

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)