N-Q 1 form289.htm FORM N-Q form289.htm - Generated by SEC Publisher for SEC Filing

 

 

 

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)

 

 

 

 

 

John Pak, 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:

4/30/13

 

             

 

 

 


 

 

FORM N-Q

Item 1.                         Schedule of Investments.

 

 


 

STATEMENT OF INVESTMENTS         
Dreyfus Government Cash Management         
April 30, 2013 (Unaudited)         
 
  Annualized       
  Yield on Date  Principal    
U.S. Government Agencies--36.1%  of Purchase (%)  Amount ($)   Value ($) 
Federal Farm Credit Bank         
1/23/14  0.25  200,000,000 a  199,985,410 
Federal Home Loan Bank:         
5/1/13  0.15  500,000,000 a  500,000,000 
5/1/13  0.18  50,000,000 a  50,014,430 
5/1/13  0.18  72,175,000 a  72,186,298 
5/1/13  0.19  100,000,000 a  99,994,996 
5/1/13  0.26  669,000,000 a  668,825,904 
5/3/13  0.21  10,000,000   9,999,955 
5/8/13  0.16  100,000,000   99,996,986 
5/8/13  0.23  250,000,000   250,000,000 
5/14/13  0.18  64,010,000   64,013,831 
5/16/13  0.21  20,000,000   20,000,840 
5/17/13  0.16  101,000,000   100,993,042 
5/21/13  0.21  65,000,000   65,000,810 
5/21/13  0.21  41,940,000   41,940,743 
5/21/13  0.25  250,000,000   249,997,155 
5/22/13  0.16  178,000,000   177,983,880 
5/24/13  0.16  50,000,000   49,995,049 
5/24/13  0.21  27,700,000   27,699,876 
5/29/13  0.16  145,000,000   144,981,956 
7/12/13  0.12  200,000,000   199,952,000 
7/19/13  0.17  15,125,000   15,127,577 
7/24/13  0.11  100,000,000   99,974,333 
9/27/13  0.16  212,000,000   211,990,225 
10/18/13  0.16  24,655,000   25,050,995 
11/19/13  0.10  84,000,000   83,952,867 
11/27/13  0.16  49,415,000   49,473,404 
12/13/13  0.14  40,435,000   41,171,694 
Federal Home Loan Mortgage Corp.:         
6/18/13  0.17  200,000,000 b  199,954,667 
7/9/13  0.10  100,000,000 b  99,980,833 
7/23/13  0.12  200,000,000 b  199,944,667 
8/13/13  0.13  400,000,000 b  399,849,778 
9/9/13  0.14  100,000,000 b  99,950,147 
9/27/13  0.11  51,658,000 b  52,495,791 
10/28/13  0.16  195,553,000 b  196,241,857 
11/19/13  0.13  23,700,000 b  24,274,675 
11/27/13  0.16  148,464,000 b  148,643,460 
Federal National Mortgage Association:         
5/29/13  0.16  192,000,000 b  191,976,542 
6/24/13  0.10  200,000,000 b  199,970,000 
8/20/13  0.20  18,587,000 b  18,646,870 
9/11/13  0.14  250,000,000 b  249,873,465 
9/30/13  0.15  7,100,000 b  7,128,665 

 



  12/18/13   0.16  205,041,000 b  205,797,456 
  Total U.S. Government Agencies          
  (cost $5,915,033,129)         5,915,033,129 
 
  U.S. Treasury Bills--1.2%          
  8/1/13          
  (cost $199,946,333)   0.11  200,000,000   199,946,333 
 
  U.S. Treasury Notes--13.2%          
          5/15/13   0.22  95,000,000   95,042,307 
          5/31/13   0.08  63,000,000   63,177,458 
          6/17/13   0.21  300,000,000   300,354,564 
          7/1/13   0.21  100,000,000   100,529,124 
          9/30/13   0.08  100,000,000   100,018,671 
          10/15/13   0.14  200,000,000   200,329,110 
          10/31/13   0.14  250,000,000   253,239,720 
          11/15/13   0.13  205,000,000   205,408,948 
          12/2/13   0.16  323,000,000   323,172,671 
          2/18/14   0.22  500,000,000   515,238,800 
  Total U.S. Treasury Notes          
  (cost $2,156,511,373)         2,156,511,373 
 
  Repurchase Agreements--49.4%          
  ABN AMRO Bank N.V.          
          dated 4/30/13, due 5/1/13 in the amount of          
        $1,670,006,031 (fully collateralized by $757,019         
          Government National Mortgage Association, 4%, due          
          6/15/42, value $673,979, $175,390,000 U.S. Treasury          
          Bonds, 4.38%-4.63%, due 11/15/39-2/15/40, value          
          $234,239,227 , $16,520,700 U.S. Treasury Inflation          
          Protected Securities, 2.38%, due 1/15/25, value          
          $27,593,396 and $1,384,243,300 U.S. Treasury Notes,          
          0.25%-3.13%, due 1/31/14-8/15/21, value          
        $1,440,893,405)   0.13  1,670,000,000   1,670,000,000 
  Bank of Nova Scotia          
          dated 4/30/13, due 5/1/13 in the amount of          
$530,002,208 (fully collateralized by $242,475,000          
          Federal Home Loan Bank, 0.38%-4.13%, due          
          7/2/14-8/13/32, value $249,177,925, $141,161,000          
          Federal Home Loan Mortgage Corp., 1%-4.38%, due          
          8/27/14-7/10/19, value $146,338,725 and          
          Federal National Mortgage Association, 1.10%-7.13%,          
          due 9/28/16-4/18/36, value $145,087,686)   0.15  530,000,000   530,000,000 
  Barclays Capital, Inc.          
          dated 4/30/13, due 5/1/13 in the amount of          
          $80,000,333 (fully collateralized by $80,000,000 U.S.         
          Treasury Strips, due 5/15/13-11/15/42, value          
        $81,600,001)   0.15  80,000,000   80,000,000 
  BNP Paribas          
          dated 4/30/13, due 5/1/13 in the amount of          
$300,001,083 (fully collateralized by$288,996,400         
  U.S. Treasury Notes, 0.13%-3.25%, due          
          9/30/13-6/30/16, value $306,000,059)   0.13  300,000,000   300,000,000 
          Citigroup Global Markets Holdings Inc.          
          dated 4/30/13, due 5/1/13 in the amount of          

 



       $200,000,778 (fully collateralized by $25,315,300       
         U.S. Treasury Bonds, 4.25%-6.88%, due        
         8/15/25-11/15/40, value $38,105,941 and        
         U.S. Treasury Notes, 2%-3.50%, due 7/31/17-2/15/23,        
  value $165,894,071)   0.14  200,000,000  200,000,000 
  Credit Agricole CIB        
         dated 4/30/13, due 5/1/13 in the amount of        
       $640,002,489 (fully collateralized by $197,283,500       
         U.S. Treasury Bonds, 3.13%-10.63%, due        
         8/15/15-2/15/42, value $216,452,317 and        
         U.S. Treasury Notes, 0.25%-2.75%, due        
         2/28/15-2/15/19, value $436,358,779)   0.14  640,000,000  640,000,000 
  Credit Agricole CIB        
         dated 4/30/13, due 5/1/13 in the amount of        
       $690,002,875 (fully collateralized by $354,902,811        
         Federal Home Loan Mortgage Corp., 2.15%-6.03%,        
         9/1/32-2/1/43, value $71,734,191, $1,401,878,180        
         Federal National Mortgage Association, 0.65%-5.99%,        
         5/1/16-6/1/46, value $457,820,235, $131,375,692        
         6 %,       
         due 9/20/32-3/20/43, value $80,687,890, $2,303,300        
         U.S. Treasury Bonds, 2.75%, due 8/15/42, value        
         $2,255,068 and $85,000,200 U.S. Treasury Notes,        
       $91,302,616)  0.15  690,000,000  690,000,000 
  Credit Suisse Securities LLC        
         dated 4/30/13, due 5/1/13 in the amount of        
       $165,000,642 (fully collateralized by $426,790,000       
       $168,300,360)  0.14  165,000,000  165,000,000 
  Deutsche Bank Securities Inc.        
         dated 4/30/13, due 5/1/13 in the amount of        
       $720,002,800 (fully collateralized by $722,614,100       
         U.S. Treasury Notes, 0.25%-2.38%, due        
         1/31/14-2/28/15, value $734,400,003)   0.14  720,000,000  720,000,000 
  Deutsche Bank Securities Inc.        
         dated 4/30/13, due 5/1/13 in the amount of        
       $169,000,704 (fully collateralized by $35,000,000        
         Federal Farm Credit Bank, 1.74%, due 3/11/20, value        
         $35,151,842, $31,155,000 Federal Home Loan       
         Corp., 0.50%-2.06%, due 5/13/16-1/15/22, value        
         $29,020,092 and $134,979,000 Federal National        
         5/15/30,        
  value $108,592,351)   0.15  169,000,000  169,000,000 
  HSBC USA Inc.        
         dated 4/30/13, due 5/1/13 in the amount of        
       $640,002,489 (fully collateralized by $252,433,953       
         U.S. Treasury Bonds, 3.13%, due 2/15/43, value        
         $266,668,234 and $349,791,900 U.S. Treasury Notes,        
       $386,136,487)  0.14  640,000,000  640,000,000 
  HSBC USA Inc.        
         dated 4/30/13, due 5/1/13 in the amount of        
       $470,001,958 (fully collateralized by $27,125,000       
         Federal Home Loan Bank, 0%, due 7/26/13, value        
         $27,122,287 and $452,431,400 U.S. Treasury Bills,        
         5/9/13-4/3/14, value $452,281,680)   0.15  470,000,000  470,000,000 
  JPMorgan Chase & Co.        
         dated 4/30/13, due 5/1/13 in the amount of        
       $150,000,750 (fully collateralized by $3,669,167,133        
         Federal National Mortgage Association, 0.05%-7.50%,        

 



         due 6/25/31-10/25/41, value $131,456,692 and          
         $219,514,655 Government National Mortgage          
         Association, 0.02%-11.80%, due 6/20/33-3/20/42,          
       $21,543,497)   0.18  150,000,000   150,000,000 
  RBC Capital Markets          
         dated 4/30/13, due 5/1/13 in the amount of          
       $480,001,733 (fully collateralized by $296,805,900         
         U.S. Treasury Bills, due 7/18/13-10/3/13, value          
         $296,751,476, $97,689,000 U.S. Treasury Bonds,         
         due 2/15/43, value $103,197,499 and $89,251,100          
         Treasury Notes, 0.25%-0.50%, due 11/15/13-5/15/15,          
  value $89,651,085)   0.13  480,000,000   480,000,000 
  RBC Capital Markets          
         dated 4/30/13, due 5/1/13 in the amount of          
       $550,002,139 (fully collateralized by $9,250,000         
         Federal Agricultural Mortgage Corp., 0.25%, due          
         value $9,252,035, $185,670,000 Federal Home Loan          
         Bank, 0.37%-2%, due 8/9/13-4/28/28, value          
         $186,033,289, $66,524,000 Federal Home Loan         
         Corp., 2.50%, due 4/17/23, value $67,189,425 and          
         $298,650,000 Federal National Mortgage Association,          
       $298,525,799)  0.14  550,000,000   550,000,000 
  SG Americas Securities, LLC          
         dated 4/30/13, due 5/1/13 in the amount of          
       $100,000,417 (fully collateralized by $100,773,100          
         U.S. Treasury Notes, 0.50%-1.50%, due          
         12/31/13-7/31/17, value $102,002,563)   0.15  100,000,000   100,000,000 
  Societe Generale          
         dated 4/30/13, due 5/1/13 in the amount of          
       $250,001,111 (fully collateralized by $93,838,000          
         Federal Home Loan Mortgage Corp., 1.10%-5%, due          
         2/16/17-10/3/17, value $94,019,684 and $182,300,000          
         Resolution Funding Corp., 0%, due 1/15/21, value          
       $161,581,605)  0.16  250,000,000   250,000,000 
  TD Securities (USA) LLC          
         dated 4/30/13, due 5/1/13 in the amount of          
       $300,001,167 (fully collateralized by $130,823,300         
         U.S. Treasury Inflation Protected Securities, 3.88%,          
  due 4/15/29, value $306,000,131)   0.14  300,000,000   300,000,000 
  Total Repurchase Agreements          
  (cost $8,104,000,000)         8,104,000,000 
  Total Investments (cost $16,375,490,835)     99.9 %  16,375,490,835 
  Cash and Receivables (Net)     .1 %  11,328,067 
  Net Assets     100.0 %  16,386,818,902 

 

a  Variable rate security--interest rate subject to periodic change. 
b  The Federal Housing Finance Agency ("FHFA") placed Federal Home Loan Mortgage Corporation and Federal 
  Association into conservatorship with FHFA as the conservator. As such, the FHFA oversees the continuing affairs of 
  companies. 

 

At April 30, 2013, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes.



The following is a summary of the inputs used as of April 30, 2013 in valuing the fund's investments:

Valuation Inputs  Short-Term Investments ($)+ 
Level 1 - Unadjusted Quoted Prices  - 
Level 2 - Other Significant Observable Inputs  16,375,490,835 
Level 3 - Significant Unobservable Inputs  - 
Total  16,375,490,835 

 

+ See Statement of Investments for additional detailed categorizations. 

 



The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund's financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

Portfolio valuation: Investments in securities are valued at amortized cost in accordance with Rule 2a-7 under the Act. If amortized cost is determined not to approximate market value, the fair value of the portfolio securities will be determined by procedures established by and under the general supervision of the Board of Trustees.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e. the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund’s investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

Level 1—unadjusted quoted prices in active markets for identical investments.

Level 2—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

Level 3—significant unobservable inputs (including the fund’s own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, money market securities are valued using amortized cost, in accordance with rules under the Act. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active market, such securities are reflected as Level 2.

The fund may enter into repurchase agreements with financial institutions, deemed to be creditworthy by the Manager, subject to the seller’s agreement to repurchase and the fund’s agreement to resell such securities at a mutually agreed upon price. Pursuant to the terms of the repurchase agreement, such securities must have an aggregate market value greater than or equal to the terms of the



repurchase price plus accrued interest at all times. If the value of the underlying securities falls below the value of the repurchase price plus accrued interest, the fund will require the seller to deposit additional collateral by the next business day. If the request for additional collateral is not met, or the seller defaults on its repurchase obligation, the fund maintains its right to sell the underlying securities at market value and may claim any resulting loss against the seller.

The fund may also jointly enter into one or more repurchase agreements with other Dreyfus managed funds in accordance with an exemptive order granted by the SEC pursuant to section 17(d) and Rule 17d-1 under the Act.  Any joint repurchase agreements must be collateralized fully by U.S. Government securities.

Additional 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         
Dreyfus Government Prime Cash Management         
April 30, 2013 (Unaudited)         
 
  Annualized       
  Yield on Date  Principal    
U.S. Government Agencies--63.6%  of Purchase  Amount ($)   Value ($) 
Federal Farm Credit Bank:         
5/1/13  0.13  100,000,000 a  99,999,451 
5/2/13  0.06  175,000,000   174,999,708 
5/13/13  0.06  25,000,000   24,999,500 
5/16/13  0.06  50,000,000   49,998,750 
5/20/13  0.16  100,000,000 a  99,991,945 
5/22/13  0.04  145,000,000   144,996,908 
5/30/13  0.04  135,000,000   134,995,368 
7/10/13  0.13  150,000,000   149,962,083 
8/26/13  0.12  25,000,000   24,990,250 
8/30/13  0.09  15,000,000   14,995,463 
9/3/13  0.09  10,000,000   9,996,875 
9/27/13  0.09  15,000,000   14,994,413 
10/16/13  0.10  25,000,000   24,988,333 
10/28/13  0.11  10,000,000   9,994,500 
1/23/14  0.25  75,000,000 a  74,994,529 
Federal Home Loan Bank:         
5/1/13  0.15  50,000,000 a  50,000,000 
5/1/13  0.19  150,000,000 a  149,992,493 
5/3/13  0.06  35,000,000   34,999,883 
5/8/13  0.09  200,000,000   199,996,694 
5/15/13  0.13  125,500,000   125,493,899 
5/17/13  0.09  55,000,000   54,997,800 
5/22/13  0.13  31,000,000   30,997,740 
5/24/13  0.09  94,935,000   94,929,591 
6/5/13  0.12  50,000,000   49,994,410 
6/6/13  0.14  100,000,000 a  99,994,800 
6/7/13  0.12  75,000,000   74,990,750 
6/21/13  0.06  25,000,000   24,998,052 
6/26/13  0.08  90,000,000   89,988,800 
7/15/13  0.05  43,578,000   43,573,461 
7/19/13  0.07  100,000,000   99,985,736 
8/13/13  0.12  25,000,000   25,010,765 
8/13/13  0.13  65,000,000   64,997,661 
8/19/13  0.14  75,000,000   74,993,788 
9/20/13  0.13  24,854,000   24,841,746 
9/25/13  0.13  50,000,000   49,974,479 
9/27/13  0.15  60,000,000   59,998,022 
10/1/13  0.09  35,000,000   34,986,612 
10/9/13  0.11  6,000,000   6,000,476 
10/16/13  0.10  15,000,000   14,992,860 
10/25/13  0.11  100,000,000   99,999,114 
10/29/13  0.11  75,000,000   74,996,293 
Total U.S. Government Agencies         
(cost $2,810,624,001)        2,810,624,001 

 



U.S. Treasury Bills--20.4%           
5/2/13  0.10  75,000,000   74,999,792  
5/16/13  0.09  350,000,000   349,987,187  
5/23/13  0.04  275,000,000   274,993,278  
6/27/13  0.12  200,000,000   199,962,000  
Total U.S. Treasury Bills           
(cost $899,942,257)        899,942,257  
 
U.S. Treasury Notes--18.1%           
5/15/13  0.08  179,000,000   179,245,144  
5/15/13  0.13  50,000,000   50,024,141  
6/17/13  0.16  200,000,000   200,248,054  
7/31/13  0.05  75,000,000   75,061,206  
8/15/13  0.12  141,000,000   142,703,858  
9/30/13  0.16  50,000,000   50,618,302  
2/18/14  0.18  100,000,000   100,867,422  
Total U.S. Treasury Notes           
(cost $798,768,127)        798,768,127  
Total Investments (cost $4,509,334,385)    102.1 %  4,509,334,385  
Liabilities, Less Cash and Receivables    (2.1 %)  (94,166,307 ) 
Net Assets    100.0 %  4,415,168,078  
 
a Variable rate security--interest rate subject to periodic change.           

 

At April 30 2013, the cost of investments for federal income tax purposes was substantially the same as the cost for financial 
reporting purposes. 

 



The following is a summary of the inputs used as of April 30, 2013 in valuing the fund's investments:

Valuation Inputs  Short-Term Investments ($)+ 
Level 1 - Unadjusted Quoted Prices  - 
Level 2 - Other Significant Observable Inputs  4,509,334,385 
Level 3 - Significant Unobservable Inputs  - 
Total  4,509,334,385 

 

+ See Statement of Investments for additional detailed categorizations. 

 



The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund's financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

Portfolio valuation: Investments in securities are valued at amortized cost in accordance with Rule 2a-7 under the Act. If amortized cost is determined not to approximate market value, the fair value of the portfolio securities will be determined by procedures established by and under the general supervision of the Board of Trustees.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e. the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund’s investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

Level 1—unadjusted quoted prices in active markets for identical investments.

Level 2—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

Level 3—significant unobservable inputs (including the fund’s own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, money market securities are valued using amortized cost, in accordance with rules under the Act. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active market,



such securities are reflected as Level 2.

Additional 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/ Bradley J. Skapyak

Bradley J. Skapyak

President

 

Date:

June 17, 2013

 

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/ Bradley J. Skapyak

Bradley J. Skapyak

President

 

Date:

June 17, 2013

 

By: /s/ James Windels

James Windels

Treasurer

 

Date:

June 17, 2013

 

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)