N-Q 1 form591.htm FORM N-Q form591.
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    811-5021 

Dreyfus Premier Short-Intermediate Municipal Bond Fund 
(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:    03/31 

Date of reporting period:    06/30/2008 

FORM N-Q

Item 1.    Schedule of Investments. 

STATEMENT OF INVESTMENTS 
Dreyfus Premier Short-Intermediate Municipal Bond Fund 
June 30, 2008 (Unaudited) 

Long-Term Municipal    Coupon    Maturity    Principal     
Investments--93.0%    Rate (%)    Date    Amount ($)    Value ($) 
Alabama--2.9%                 
Jefferson County,                 
Limited Obligation School                 
Warrants    5.00    1/1/09    2,000,000    1,946,900 
Mobile Industrial Development                 
Board, PCR (Alabama Power                 
Company Barry Plant Project)    4.75    3/19/12    2,000,000    2,021,940 
California--1.8%                 
California Municipal Finance                 
Authority, COP (Community                 
Hospitals of Central                 
California Obligated Group)    5.00    2/1/11    1,500,000    1,522,815 
California Municipal Finance                 
Authority, SWDR (Waste                 
Management, Inc. Project)    4.10    9/1/09    1,000,000    997,480 
Colorado--2.4%                 
Black Hawk,                 
Device Tax Revenue    5.00    12/1/12    760,000    769,728 
E-470 Public Highway Authority,                 
Senior Revenue (Insured; MBIA, Inc.)    4.00    9/1/10    1,000,000    1,005,680 
E-470 Public Highway Authority,                 
Senior Revenue (Insured; MBIA, Inc.)    4.00    9/1/11    1,450,000    1,448,231 
District of Columbia--1.3%                 
District of Columbia,                 
Enterprise Zone Revenue (819                 
7th Street, LLC Issue) (LOC;                 
Branch Banking and Trust                 
Company)    3.60    10/1/09    1,790,000    1,813,538 
Florida--6.7%                 
Citizens Property Insurance                 
Corporation, High-Risk Account                 
Senior Secured Revenue    5.00    6/1/11    2,000,000    2,033,720 
Florida Hurricane Catastrophe Fund                 
Finance Corporation, Revenue    5.00    7/1/10    2,000,000    2,071,660 
Lee County Industrial Development                 
Authority, Healthcare                 
Facilities Revenue (Cypress                 
Cove at Healthpark Florida,                 
Inc. Project)    4.75    10/1/08    3,000,000    2,994,030 
Miami-Dade County School Board,                 
COP (Master Lease Purchase                 
Agreement) (Insured; MBIA, Inc.)    5.00    5/1/11    2,000,000    2,081,600 
Georgia--2.0%                 
Development Authority of the City                 
of Milledgeville and Baldwin                 

County, Revenue (Georgia                 
College and State University                 
Foundation Property III, LLC                 
Student Housing System Project)    5.00    9/1/08    835,000    839,551 
Development Authority of the City                 
of Milledgeville and Baldwin                 
County, Revenue (Georgia                 
College and State University                 
Foundation Property III, LLC                 
Student Housing System Project)    5.00    9/1/09    1,045,000    1,079,778 
Private Colleges and Universities                 
Authority, Student Housing                 
Revenue (Mercer Housing                 
Corporation Project)    6.00    6/1/11    790,000    825,210 
Idaho--1.2%                 
University of Idaho Regents,                 
General Revenue (Insured; FSA)    4.38    4/1/11    1,600,000    1,641,232 
Illinois--2.5%                 
Illinois Housing Development                 
Authority, Housing Revenue    3.85    7/1/09    870,000    880,866 
Upper Illinois River Valley                 
Development Authority, MFHR                 
(Morris Supportive Living                 
Project) (LOC; Wells Fargo Bank)    3.90    1/1/10    2,500,000    2,504,625 
Indiana--.7%                 
Indiana Health Facility Financing                 
Authority, Revenue (Ascension                 
Health Subordinate Credit Group)    5.00    7/1/11    1,000,000    1,026,460 
Iowa--.7%                 
Coralville,                 
Annual Appropriation GO Urban                 
Renewal Bond Anticipation                 
Project Notes    4.25    6/1/09    1,000,000    1,006,820 
Louisiana--3.8%                 
Louisiana Offshore Terminal                 
Authority, Deepwater Port                 
Revenue (LOOP LLC Project)    4.00    9/1/08    2,000,000    2,004,460 
Louisiana Public Facilities                 
Authority, Revenue (Pennington                 
Medical Foundation Project)    4.00    7/1/11    975,000    976,911 
Plaquemines Parish Law Enforcement                 
District, Certificates of                 
Indebtedness (Insured; FGIC)    4.00    3/1/10    1,095,000    1,108,556 
Plaquemines Parish Law Enforcement                 
District, Certificates of                 
Indebtedness (Insured; FGIC)    4.50    3/1/11    1,145,000    1,171,690 
Maine--1.7%                 
Maine Educational Loan Marketing                 
Corporation, Subordinate                 
Student Loan Revenue    6.50    11/1/09    2,195,000    2,269,125 
Michigan--1.1%                 
Michigan Hospital Finance                 

Authority, HR (Oakwood                 
Obligated Group)    5.00    11/1/10    1,500,000    1,542,600 
New Jersey--3.7%                 
Bayonne,                 
TAN    5.00    9/18/08    2,000,000    2,008,480 
Bayonne,                 
Temporary Note    5.00    10/24/08    2,000,000    2,012,460 
Tobacco Settlement Financing                 
Corporation of New Jersey,                 
Tobacco Settlement                 
Asset-Backed Bonds    4.25    6/1/11    1,000,000    985,420 
New Mexico--1.9%                 
Farmington,                 
PCR (Southern California                 
Edison Company Four Corners                 
Project) (Insured; FGIC)    3.55    4/1/10    1,800,000    1,801,152 
Jicarilla Apache Nation,                 
Revenue    4.00    9/1/08    765,000    766,293 
New York--17.0%                 
Hempstead Town Industrial                 
Development Agency, RRR                 
(American Ref-Fuel Company of                 
Hempstead Project)    5.00    6/1/10    1,000,000    995,000 
New York City Housing Development                 
Corporation, MFHR    4.25    5/1/10    1,850,000    1,876,362 
New York City Housing Development                 
Corporation, MFHR    3.95    11/1/10    4,500,000    4,506,390 
New York City Industrial                 
Development Agency, Special                 
Facility Revenue (Terminal One                 
Group Association, L.P.                 
Project)    5.00    1/1/10    3,000,000    3,056,490 
New York State Dormitory                 
Authority, Revenue (State                 
University Educational                 
Facilities)    5.50    5/15/10    1,800,000    1,893,852 
New York State Dormitory                 
Authority, Third General                 
Resolution Revenue (State                 
University Educational                 
Facilities Issue) (Insured;                 
FGIC)    5.25    5/15/12    2,000,000    2,090,660 
New York State Housing Finance                 
Agency, Affordable Housing                 
Revenue    4.05    11/1/10    2,000,000    2,003,000 
New York State Housing Finance                 
Agency, MFHR (Crotona Estates                 
Apartments)    3.95    8/15/10    1,085,000    1,085,543 
New York State Housing Finance                 
Agency, MFHR (Highland Avenue             
Senior Apartments)    4.40    2/15/11    2,000,000    2,006,140 
New York State Housing Finance                 

Agency, MFHR (Park Drive Manor             
II Apartments) (LOC: NBT Bank                 
and The Bank of New York)    4.13    8/15/11    1,000,000    1,008,660 
Suffolk County Industrial                 
Development Agency, Continuing             
Care Retirement Community                 
Revenue (Jefferson's Ferry                 
Project)    4.20    11/1/08    845,000    846,893 
Troy Industrial Development                 
Authority, Civic Facility                 
Revenue (Rensselaer                 
Polytechnic Institute Project)    5.00    9/1/10    2,000,000    2,030,000 
North Carolina--2.5%                 
North Carolina Infrastructure                 
Finance Corporation, COP                 
(State of North Carolina 2005                 
Capital Improvements)    5.00    2/1/11    2,780,000    2,903,877 
North Carolina Medical Care                 
Commission, Health Care                 
Facilities First Mortgage                 
Revenue (Deerfield Episcopal                 
Retirement Community)    3.80    11/1/09    500,000    500,680 
Ohio--8.3%                 
Buckeye Tobacco Settlement                 
Financing Authority, Tobacco                 
Settlement Asset-Backed Bonds    5.00    6/1/11    4,000,000    4,017,080 
Cuyahoga County,                 
Housing Revenue (Riverside                 
Park Homes Project)    3.90    11/1/09    2,300,000    2,326,197 
Hamilton County,                 
Local District Cooling                 
Facilities Revenue                 
(Trigen-Cinergy Solutions of                 
Cincinnati LLC Project)    4.60    6/1/09    2,000,000    2,027,340 
Ohio Water Development Authority,                 
PCR (The Cleveland Electric                 
Illuminating Company Project)    3.75    10/1/08    3,000,000    3,011,340 
Oklahoma--.6%                 
Oklahoma Development Finance                 
Authority, LR (Oklahoma State                 
System Higher Education)                 
(Insured; MBIA, Inc.)    3.00    12/1/08    800,000    803,984 
Pennsylvania--4.2%                 
Allegheny County Hospital                 
Development Authority, HR                 
(Jefferson Regional Medical                 
Center)    4.10    5/1/09    525,000    527,368 
Allegheny County Hospital                 
Development Authority, HR                 
(Jefferson Regional Medical                 
Center)    4.20    5/1/10    550,000    552,970 
Allegheny County Industrial                 

Development Authority, EIR                 
(USX Corporation Project)    4.75    11/1/11    2,000,000    2,014,240 
Harrisburg Authority,                 
Resource Recovery Facility                 
Revenue    0.00    12/15/10    3,000,000 a    2,691,210 
Rhode Island--2.0%                 
Rhode Island Health and                 
Educational Building                 
Corporation, Hospital                 
Financing Revenue (Lifespan                 
Obligated Group Issue)    5.00    5/15/11    2,600,000    2,676,596 
South Carolina--1.9%                 
Orangeburg Joint Governmental                 
Action Authority, Capital                 
Projects Sales and Use Tax                 
Revenue (Orangeburg County,                 
South Carolina Project)                 
(Insured; MBIA, Inc.)    5.00    4/1/12    2,000,000    2,080,960 
Spartanburg,                 
Water System Revenue (Insured;             
FSA)    4.00    6/1/11    500,000    512,740 
Tennessee--2.2%                 
Memphis-Shelby County Airport                 
Authority, Special Facilities                 
Revenue (Federal Express                 
Corporation)    5.00    9/1/09    2,000,000    2,020,060 
Shelby County Health Educational                 
and Housing Facility Board,                 
Revenue (Methodist Le Bonheur                 
Healthcare)    5.00    6/1/12    1,000,000    1,030,710 
Texas--2.7%                 
Bexar County Health Facilities                 
Development Corporation,                 
Revenue (Army Retirement                 
Residence Foundation Project)    5.00    7/1/11    605,000    617,154 
Lower Colorado River Authority,                 
Revenue    5.00    5/15/12    1,000,000    1,046,860 
Matagorda County Navigation                 
District Number One, PCR (AEP                 
Texas Central Company Project)    5.13    6/1/11    2,000,000    2,006,520 
Utah--1.5%                 
Utah County,                 
EIR (USX Corporation Project)    5.05    11/1/11    2,000,000    2,045,380 
Virginia--13.4%                 
Arlington County Industrial                 
Development Authority, RRR                 
(Alexandria/Arlington                 
Waste-to-Energy Facility)                 
(Ogden Martin System of                 
Alexandria/Arlington Inc.                 
Project) (Insured; FSA)    5.38    1/1/12    2,280,000    2,307,520 
Chesterfield County Industrial                 

Development Authority, PCR                 
(Virginia Electric and Power                 
Company Project)    5.50    10/1/09    3,250,000    3,273,237 
Hopewell,                 
Public Improvement    5.00    7/15/09    3,250,000    3,251,917 
Louisa Industrial Development                 
Authority, Solid Waste and                 
Sewage Disposal Revenue                 
(Virginia Electric and Power                 
Company Project)    4.25    4/1/10    3,000,000    3,036,270 
Peninsula Ports Authority,                 
Coal Terminal Revenue                 
(Dominion Terminal Associates             
Project - DETC Issue)    3.30    10/1/08    1,485,000    1,488,490 
Riverside Regional Jail Authority,                 
Jail Facility Senior RAN    4.25    7/1/10    2,500,000    2,532,750 
Tobacco Settlement Financing                 
Corporation of Virginia,                 
Tobacco Settlement                 
Asset-Backed Bonds    4.00    6/1/09    960,000 b    973,354 
Western Virginia Regional Jail                 
Authority, Regional Jail                 
Facility RAN    4.13    12/1/09    1,500,000    1,509,090 
Washington--1.5%                 
Ocean Shores Local Improvement                 
District Number 2007-01, BAN    5.00    8/1/11    2,000,000    2,002,180 
Wisconsin--.8%                 
Wisconsin Health and Educational                 
Facilities Authority, Revenue                 
(Froedtert and Community                 
Health, Inc. Obligated Group)    5.00    4/1/10    1,000,000    1,028,840 
Total Long-Term Municipal Investments             
(cost $127,000,791)                127,374,915 
Short-Term Municipal    Coupon    Maturity    Principal     
Investments--5.0%    Rate (%)    Date    Amount ($)    Value ($) 
Michigan--.5%                 
Royal Oak Hospital Finance                 
Authority, HR, Refunding                 
(William Beaumont Hospital                 
Obligated Group) (Insured;                 
AMBAC and Liquidity Facility;                 
Morgan Stanley Bank)    8.00    7/1/08    700,000 c    700,000 
New York--1.5%                 
Triborough Bridge and Tunnel                 
Authority, General Revenue,                 
Refunding (Insured; MBIA, Inc.             
and Liquidity Facility; Lehman                 
Liquidity Corporation)    9.40    7/7/08    2,050,000 c,d    2,050,000 
Tennessee--2.2%                 
Sevier County Public Building                 
Authority, Local Government                 
Public Improvement Revenue                 

(Insured; AMBAC and Liquidity                 
Facility; Landesbank                 
Hessen-Thuringen Girozentrale)    9.00    7/7/08    3,000,000 c    3,000,000 
Texas--.8%                 
North Texas Tollway Authority,                 
BAN    4.13    11/19/08    1,100,000    1,101,056 
Total Short-Term Municipal Investments                 
(cost $6,850,000)                6,851,056 
Total Investments (cost $133,850,791)            98.0%    134,225,971 
Cash and Receivables (Net)            2.0%    2,676,162 
Net Assets            100.0%    136,902,133 

a    Security issued with a zero coupon. Income is recognized through the accretion of discount. 
b    This security is prerefunded; the date shown represents the prerefunded date. Bonds which are prerefunded are 
    collateralized by U.S. Government securities which are held in escrow and are used to pay principal and interest on the 
    municipal issue and to retire the bonds in full at the earliest refunding date. 
c    Securities payable on demand. Variable interest rate--subject to periodic change. 
d    Security exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in 
    transactions exempt from registration, normally to qualified institutional buyers. At June 30, 2008, this security 
    amounted to $2,050,000 or 1.5% of net assets. 

At June 30, 2008, the aggregate cost of investment securities for income tax purposes was $133,850,791. Net unrealized appreciation on investments was $375,180 of which $669,371 related to appreciated investment securities and $294,191 related to depreciated investment securities.

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.

Summary of Abbreviations         
ACA    American Capital Access    AGC    ACE Guaranty Corporation 
AGIC    Asset Guaranty Insurance Company    AMBAC    American Municipal Bond Assurance Corporation 
ARRN    Adjustable Rate Receipt Notes    BAN    Bond Anticipation Notes 
BIGI    Bond Investors Guaranty Insurance    BPA    Bond Purchase Agreement 
CGIC    Capital Guaranty Insurance Company    CIC    Continental Insurance Company 
CIFG    CDC Ixis Financial Guaranty    CMAC    Capital Market Assurance Corporation 
COP    Certificate of Participation    CP    Commercial Paper 
EDR    Economic Development Revenue    EIR    Environmental Improvement Revenue 
FGIC    Financial Guaranty Insurance Company    FHA    Federal Housing Administration 
FHLB    Federal Home Loan Bank    FHLMC    Federal Home Loan Mortgage Corporation 
FNMA    Federal National Mortgage Association    FSA    Financial Security Assurance 
GAN    Grant Anticipation Notes    GIC    Guaranteed Investment Contract 
GNMA    Government National Mortgage Association    GO    General Obligation 
HR    Hospital Revenue    IDB    Industrial Development Board 

IDC    Industrial Development Corporation    IDR    Industrial Development Revenue 
LOC    Letter of Credit    LOR    Limited Obligation Revenue 
LR    Lease Revenue    MFHR    Multi-Family Housing Revenue 
MFMR    Multi-Family Mortgage Revenue    PCR    Pollution Control Revenue 
PILOT    Payment in Lieu of Taxes    RAC    Revenue Anticipation Certificates 
RAN    Revenue Anticipation Notes    RAW    Revenue Anticipation Warrants 
RRR    Resources Recovery Revenue    SAAN    State Aid Anticipation Notes 
SBPA    Standby Bond Purchase Agreement    SFHR    Single Family Housing Revenue 
SFMR    Single Family Mortgage Revenue    SONYMA    State of New York Mortgage Agency 
SWDR    Solid Waste Disposal Revenue    TAN    Tax Anticipation Notes 
TAW    Tax Anticipation Warrants    TRAN    Tax and Revenue Anticipation Notes 
XLCA    XL Capital Assurance         

Various inputs are used in determining the value of the fund's investments relating to Financial Accounting Standard No. 157 (FAS 157), Fair Value Measurements.

These inputs are summarized in the three broad levels listed below. Level 1 - quoted prices in active markets for identical securities.

Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 - significant unobservable inputs (including 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.

The following is a summary of the inputs used as of June 30, 2008 in valuing the fund's investments carried at fair value:

Valuation Inputs    Investments in Securities ($)    Other Financial Instruments* ($)     
Level 1 - Quoted Prices    0        0 
Level 2 - Other Significant Observable Inputs    134,225,971        0 
Level 3 - Significant Unobservable Inputs    0        0 
Total    134,225,971        0 

*Other financial instruments include derivative instruments, such as futures, forward currency exchange contracts and swap contracts, which are valued at the unrealized appreciation (depreciation) on the instrument.

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.

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FORM N-Q

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 Premier Short-Intermediate Municipal Bond Fund

By:    /s/ J. David Officer 
    J. David Officer 
    President
 
Date:    August 25, 2008 

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:    August 25, 2008 

By:    /s/ James Windels 
    James Windels 
    Treasurer
 
Date:    August 25, 2008 

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)

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