item77o6923.htm - Generated by SEC Publisher for SEC Filing

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT FUNDS

DREYFUS/STANDISH FIXED INCOME FUND
(formerly, Standish Mellon Fixed Income Fund)

On May 13, 2009, Dreyfus/Standish Fixed Income Fund, a series of Dreyfus Investment Funds (the “Fund”), purchased $1,090,000 of American Express AXP 7.25% Notes Due 5/20/2014 - CUSIP # 025816BA6 (the “Notes”). The Notes were purchased from Goldman, Sachs & Co. (“Goldman Sachs”), a member of the underwriting syndicate offering the Notes, from their account. BNY Mellon Capital Markets, LLC, an affiliate of the Fund, was a member of the syndicate but received no benefit in connection with the transaction. Goldman Sachs received a commission of 0.35% per Note. No other member received any economic benefit. The following is a list of the syndicate’s primary members:

Banc of America Securities LLC
BNY Mellon Capital Markets, LLC
CastleOak Securities, L.P.
Citigroup Global Markets Inc.
Credit Suisse
Goldman, Sachs & Co.
J.P. Morgan
Mitsubishi UFJ Securities
Mizuho Securities USA Inc.
RBS
The Williams Capital Group, L.P.
UBS Investment Bank

Accompanying this statement are materials made available to the Board of Trustees of the Fund, which ratified the purchase as in compliance with the Fund’s Rule 10f-3 Procedures, at the Fund’s Board meeting held on July 22-23, 2009.

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT FUNDS

DREYFUS/STANDISH INTERNATIONAL FIXED INCOME FUND
(formerly, Standish Mellon International Fixed Income Fund)

On March 10, 2009, Dreyfus/Standish International Fixed Income Fund, a series of Dreyfus Investment Funds (the “Fund”), purchased $205,000 of Boeing 5.00% Senior Notes Due 3/15/2014 - CUSIP # 097023AV7 (the “Senior Notes”). The Senior Notes were purchased from UBS Securities, a member of the underwriting syndicate offering the Senior Notes, from their account. BNY Mellon Capital Markets, LLC, an affiliate of the Fund, was a member of the syndicate but received no benefit in connection with the transaction. UBS Securities received a commission of 0.35% per Senior Note. No other member received any economic benefit. The following is a list of the syndicate’s primary members:

ANZ Securities, Inc.
Banc of America Securities LLC
Banca IMI S.p.A.
Barclays Capital Inc.
BBVA Securities Inc.
BNP Paribas Securities Corp.
BNY Mellon Capital Markets, LLC
Calyon Securities (USA) Inc.
Citigroup Global Markets Inc.
Comerica Securities, Inc.
Credit Suisse Securities (USA) LLC
Daiwa Securities America Inc.
Deutsche Bank Securities Inc.
Goldman, Sachs & Co.
Greenwich Capital Markets, Inc.
ING Financial Markets LLC
J.P. Morgan Securities Inc.
Keybanc Capital Markets Inc.
Lloyds TSB Bank plc
Mitsubishi UFJ Securities International plc
Mizuho Securities USA Inc.
Morgan Stanley & Co. Incorporated
Muriel Siebert & Co., Inc.
SG Americas Securities, LLC
Standard Chartered Bank
The Williams Capital Group, L.P.

UBS Securities LLC
U.S. Bancorp Investments, Inc.
Utendahl Capital Partners, L.P.
Wachovia Capital Markets, LLC

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT FUNDS

DREYFUS/STANDISH GLOBAL FIXED INCOME FUND
(formerly, Standish Mellon Global Fixed Income Fund)

On March 10, 2009, Dreyfus/Standish Global Fixed Income Fund, a series of Dreyfus Investment Funds (the “Fund”), purchased $145,000 of Boeing 5.00% Senior Notes Due 3/15/2014 - CUSIP # 097023AV7 (the “Senior Notes”). The Senior Notes were purchased from UBS Securities, a member of the underwriting syndicate offering the Senior Notes, from their account. BNY Mellon Capital Markets, LLC, an affiliate of the Fund, was a member of the syndicate but received no benefit in connection with the transaction. UBS Securities received a commission of 0.35% per Senior Note. No other member received any economic benefit. The following is a list of the syndicate’s primary members:

UBS Securities LLC
U.S. Bancorp Investments, Inc.
Utendahl Capital Partners, L.P.
Wachovia Capital Markets, LLC

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT FUNDS

DREYFUS/STANDISH GLOBAL FIXED INCOME FUND
(formerly, Standish Mellon Global Fixed Income Fund)

On April 28, 2009, Dreyfus/Standish Global Fixed Income Fund, a series of Dreyfus Investment Funds (the “Fund”), purchased $190,000 of Credit Suisse 5.50% Senior Notes Due 5/01/2014 - CUSIP # 22546QAA5 (the “Senior Notes”). The Senior Notes were purchased from Credit Suisse, a member of the underwriting syndicate offering the Senior Notes, from their account. BNY Mellon Capital Markets, LLC, an affiliate of the Fund, was a member of the syndicate but received no benefit in connection with the transaction. Credit Suisse received a commission of 0.35% per Senior Note. No other member received any economic benefit. The following is a list of the syndicate’s primary members:

BB&T Capital Markets
BNP Paribas Securities Corp.
BNY Mellon Capital Markets, LLC
Citigroup Global Markets Inc.
Comerica Securities, Inc.
DZ Financial Markets LLC
Fifth Third Securities
HSBC
KeyBanc Capital Markets Inc.
Mitsubishi UFJ Securities International plc
MFR Securities, Inc.
Morgan Keegan & Company, Inc.
Popular Securities
RBC Capital Markets
SunTrust Robinson Humphrey
Trilon International Inc.
U.S. Bancorp Investments, Inc.
Wachovia Securities

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT FUNDS

DREYFUS/STANDISH GLOBAL FIXED INCOME FUND
(formerly, Standish Mellon Global Fixed Income Fund)

On May 8, 2009, Dreyfus/Standish Global Fixed Income Fund, a series of Dreyfus Investment Funds (the “Fund”), purchased $305,000 of Morgan Stanley 7.30% Global Medium-Term Notes, Series F Due 5/13/2019 - CUSIP # 61747YCG8 (the “Medium-Term Notes”). The Medium-Term Notes were purchased from Morgan Stanley, a member of the underwriting syndicate offering the Medium-Term Notes, from their account. BNY Mellon Capital Markets, LLC, an affiliate of the Fund, was a member of the syndicate but received no benefit in connection with the transaction. Morgan Stanley received a commission of 0.45% per Medium-Term Note. No other member received any economic benefit. The following is a list of the syndicate’s primary members:

BNY Mellon Capital Markets, LLC
Keefe, Bruyette & Woods, Inc.
Loop Capital Markets, LLC
Morgan Stanley & Co. Incorporated
Siebert Capital Markets

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT FUNDS

DREYFUS/STANDISH GLOBAL FIXED INCOME FUND
(formerly, Standish Mellon Global Fixed Income Fund)

On May 8, 2009, Dreyfus/Standish Global Fixed Income Fund, a series of Dreyfus Investment Funds (the “Fund”), purchased $195,000 of Bank of America 7.375% Senior Notes Due 5/15/2014 - CUSIP # 06051GDY2 (the “Senior Notes”). The Senior Notes were purchased from Bank of America, a member of the underwriting syndicate offering the Senior Notes, from their account. BNY Mellon Capital Markets, LLC, an affiliate of the Fund, was a member of the syndicate but received no benefit in connection with the transaction. Bank of America received a commission of 0.35% per Senior Note. No other member received any economic benefit. The following is a list of the syndicate’s primary members:

Banc of America Securities LLC
BNY Mellon Capital Markets, LLC
CastleOak Securities, L.P.
Goldman, Sachs & Co.
Lloyds TSB Corporate Markets
Loop Capital Markets, LLC
Mizuho Securities USA Inc.
UBS Investment Bank

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT FUNDS

DREYFUS/STANDISH GLOBAL FIXED INCOME FUND
(formerly, Standish Mellon Global Fixed Income Fund)

On May 13, 2009, Dreyfus/Standish Global Fixed Income Fund, a series of Dreyfus Investment Funds (the “Fund”), purchased $260,000 of American Express AXP 7.25% Notes Due 5/20/2014 - CUSIP # 025816BA6 (the “Notes”). The Notes were purchased from Goldman, Sachs & Co. (“Goldman Sachs”), a member of the underwriting syndicate offering the Notes, from their account. BNY Mellon Capital Markets, LLC, an affiliate of the Fund, was a member of the syndicate but received no benefit in connection with the transaction. Goldman Sachs received a commission of 0.35% per Note. No other member received any economic benefit. The following is a list of the syndicate’s primary members:

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT FUNDS

DREYFUS/STANDISH GLOBAL FIXED INCOME FUND
(formerly, Standish Mellon Global Fixed Income Fund)

On August 10, 2009, Dreyfus/Standish Global Fixed Income Fund, a series of Dreyfus Investment Funds (the “Fund”), purchased $250,000 of Credit Suisse 5.3% Senior Notes Due 8/13/2009 - CUSIP # 22546QAC1 (the “Senior Notes”). The Senior Notes were purchased from Credit Suisse, a member of the underwriting syndicate offering the Senior Notes, from their account. BNY Mellon Capital Markets, LLC, an affiliate of the Fund, was a member of the syndicate but received no benefit in connection with the transaction. Credit Suisse received a commission of 0.45% per Senior Note. No other member received any economic benefit. The following is a list of the syndicate’s primary members:

Aladdin Capital LLC
Banc of America Securities LLC
BB&T Capital Markets, a division of Scott & Stringfellow, Inc.
BNY Mellon Capital Markets, LLC
Citigroup Global Markets Ltd.
Comerica Securities, Inc.
Credit Suisse Securities (USA) LLC
DZ Financial Markets LLC
Fifth Third Securities, Inc.
KeyBanc Capital Markets Inc.
MFR Securities Inc.
Morgan Keegan & Company, Inc.
Popular Securities, Inc.
RBC Capital Markets
Samuel A. Ramirez & Company, Inc.
SunTrust Robinson Humphrey, Inc.
Trilon International Inc.
U.S. Bancorp Investments, Inc.
Wells Fargo Securities LLC