N-Q 1 lp1.htm FORM N-Q lp1.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

811-05021

 

 

 

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)

 

 

 

 

 

Bennett A. MacDougall, Esq.

200 Park Avenue

New York, New York  10166

 

 

(Name and address of agent for service)

 

 

Registrant's telephone number, including area code: 

(212) 922-6400

 

 

Date of fiscal year end:

 

  03/31

 

Date of reporting period:

  06/30/16

 

             

 


 

FORM N-Q

Item 1.                         Schedule of Investments.


 

STATEMENT OF INVESTMENTS       
Dreyfus Short-Intermediate Municipal Bond Fund   
June 30, 2016 (Unaudited)         
 
 
 
 
  Coupon Maturity  Principal   
Long-Term Municipal Investments - 99.2%  Rate (%)  Date  Amount ($)  Value ($) 
Alabama - 1.2%         
Alabama Public School and College         
Authority,         
Capital Improvement Revenue  5.00  1/1/19  5,000,000  5,518,000 
Arizona - 2.1%         
Arizona School Facilities Board,         
COP  5.00  9/1/20  2,500,000  2,901,750 
Phoenix Civic Improvement Corporation,         
Junior Lien Wastewater System         
Revenue  5.00  7/1/18  3,150,000  3,422,885 
Tucson,         
Water System Revenue  5.00  7/1/20  3,000,000  3,483,810 
        9,808,445 
Arkansas - .2%         
Arkansas Development Finance Authority,         
HR (Washington Regional Medical         
Center)  5.00  2/1/20  1,070,000  1,202,188 
California - 1.8%         
California,         
GO (Various Purpose)  5.00  12/1/19  3,105,000  3,550,971 
California State Public Works Board,         
LR (Judicial Council of California) (New         
Stockton Courthouse)  5.00  10/1/19  1,500,000  1,700,820 
North Natomas Community Facilities         
District Number 4,         
Special Tax Bonds  5.00  9/1/17  1,430,000  1,497,053 
University of California Regents,         
General Revenue  5.00  5/15/20  1,500,000  1,742,895 
        8,491,739 
Colorado - 1.5%         
City and County of Denver,         
Airport System Subordinate Revenue  5.00 11/15/18  1,180,000  1,289,988 
Colorado Educational and Cultural         
Facilities Authority,         
Revenue (Johnson and Wales University         
Project)  5.00  4/1/18  2,000,000  2,136,100 
Platte River Power Authority,         
Power Revenue  5.00  6/1/20  3,220,000  3,738,291 
        7,164,379 
Connecticut - 1.0%         
Connecticut,         
Special Tax Obligation Revenue         
(Transportation Infrastructure         
Purposes)  4.00  9/1/18  2,750,000  2,947,065 
Connecticut,         
Special Tax Obligation Revenue         
(Transportation Infrastructure         
Purposes)  5.00  8/1/19  1,500,000  1,692,390 
        4,639,455 

 


 

STATEMENT OF INVESTMENTS (Unaudited) (continued)     
 
 
 
Long-Term Municipal Investments - 99.2%  Coupon  Maturity  Principal   
(continued)  Rate (%)  Date  Amount ($)  Value ($) 
District of Columbia - .3%         
District of Columbia,         
Income Tax Secured Revenue  5.00  12/1/20  1,460,000  1,670,313 
Florida - 9.0%         
Citizens Property Insurance Corporation,         
Coastal Account Senior Secured         
Revenue  5.00  6/1/20  5,700,000  6,460,038 
Citizens Property Insurance Corporation,         
Personal Lines Account/Commercial         
Lines Account Senior Secured Revenue  5.00  6/1/19  5,000,000  5,584,450 
Florida Board of Education,         
Public Education Capital Outlay Bonds  5.00  6/1/18  3,425,000  3,713,077 
Florida Department of Transportation,         
Turnpike Revenue  5.00  7/1/17  4,365,000  4,560,334 
Florida Department of Transportation,         
Turnpike Revenue  5.00  7/1/19  3,270,000  3,684,996 
Florida Department of Transportation,         
Turnpike Revenue  5.00  7/1/20  1,850,000  2,152,309 
Lee County,         
Transportation Facilities Revenue         
(Insured; Assured Guaranty Municipal         
Corp.)  5.00  10/1/19  1,200,000  1,357,968 
Miami-Dade County,         
Aviation Revenue  4.00  10/1/17  3,725,000  3,876,570 
Miami-Dade County,         
Aviation Revenue  5.00  10/1/20  3,100,000  3,594,605 
Orlando Utilities Commission,         
Utility System Revenue  5.00  10/1/21  2,400,000  2,875,656 
Palm Beach County Health Facilities         
Authority,         
Retirement Community Revenue (ACTS         
Retirement - Life Communities, Inc.         
Obligated Group)  5.00 11/15/21  1,500,000  1,770,165 
South Florida Water Management District,         
COP (Master Lease Purchase         
Agreement)  5.00  10/1/20  1,500,000  1,754,985 
Tampa,         
Capital Improvement Cigarette Tax         
Allocation Revenue (H. Lee Moffitt         
Cancer Center Project)  4.00  9/1/17  1,055,000  1,093,497 
        42,478,650 
Georgia - 2.5%         
Gwinnett County School District,         
Sales Tax GO  5.00  8/1/20  4,000,000  4,681,040 
Main Street Natural Gas, Inc.,         
Gas Project Revenue (Guaranty         
Agreement; JPMorgan Chase Bank)  5.00  3/15/19  2,000,000  2,186,740 
Municipal Electric Authority of Georgia,         
Project One Subordinated Bonds  5.00  1/1/19  2,315,000  2,557,265 
Municipal Electric Authority of Georgia,         
Project One Subordinated Bonds  4.00  1/1/21  2,000,000  2,256,000 
        11,681,045 
Illinois - 10.3%         
Chicago,         
Customer Facility Charge Senior Lien         
Revenue (Chicago O'Hare International         
Airport)  5.00  1/1/18  1,105,000  1,169,908 

 


 

Long-Term Municipal Investments - 99.2%  Coupon  Maturity  Principal    
(continued)  Rate (%)  Date  Amount ($)   Value ($) 
Illinois - 10.3% (continued)           
Chicago,           
General Airport Senior Lien Revenue           
(Chicago O'Hare International Airport)  5.00  1/1/17  4,350,000   4,443,916 
Chicago,           
Second Lien Wastewater Transmission           
Revenue  5.00  1/1/20  1,985,000   2,207,558 
Chicago,           
Second Lien Water Revenue  4.25  11/1/18  1,050,000   1,124,456 
Chicago,           
Second Lien Water Revenue  5.00  11/1/20  1,000,000   1,139,740 
Greater Chicago Metropolitan Water           
Reclamation District,           
GO  5.00  12/1/19  1,700,000   1,931,404 
Greater Chicago Metropolitan Water           
Reclamation District,           
GO  5.00  12/1/20  1,850,000   2,162,558 
Illinois,           
Sales Tax Revenue (Build Illinois           
Bonds)  5.00  6/15/17  5,570,000   5,801,489 
Illinois,           
Sales Tax Revenue (Build Illinois           
Bonds) (Insured; National Public           
Finance Guarantee Corp.)  5.75  6/15/18  2,930,000   3,204,893 
Illinois Finance Authority,           
Revenue (OFS Healthcare System)  5.00 11/15/20  2,405,000   2,779,170 
Illinois Finance Authority,           
Revenue (The University of Chicago)  5.00  10/1/20  1,200,000   1,399,620 
Illinois Finance Authority,           
Revenue (The University of Chicago)  5.00  10/1/20  2,590,000   3,020,847 
Kane County Forest Preserve District,           
GO  4.00 12/15/16  6,000,000   6,091,080 
Metropolitan Pier and Exposition           
Authority,           
Revenue (McCormick Place Expansion           
Project)  5.00 12/15/20  3,675,000   4,144,150 
Railsplitter Tobacco Settlement Authority,           
Tobacco Settlement Revenue  5.00  6/1/18  5,500,000   5,914,590 
Springfield,           
Senior Lien Electric Revenue  5.00  3/1/20  2,000,000   2,273,820 
          48,809,199 
Indiana - 1.6%           
Indianapolis Local Public Improvement           
Bond Bank,           
Revenue (Indianapolis Airport           
Authority Project)  5.00  1/1/21  3,870,000   4,497,946 
Richmond Hospital Authority,           
Revenue (Reid Hospital Project)  5.00  1/1/20  1,000,000   1,131,250 
Rockport,           
PCR (Indiana Michigan Power Company           
Project)  1.75  6/1/18  2,000,000   2,018,840 
          7,648,036 
Kansas - .5%           
Kansas Department of Transportation,           
Highway Revenue  0.71  9/1/19  1,180,000 a  1,169,616 

 


 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

Long-Term Municipal Investments - 99.2%  Coupon  Maturity  Principal   
(continued)  Rate (%)  Date  Amount ($)  Value ($) 
Kansas - .5% (continued)         
Kansas Turnpike Authority,         
Turnpike Revenue  5.00  9/1/17  1,255,000  1,319,344 
        2,488,960 
Louisiana - 2.0%         
East Baton Rouge Sewerage Commission,         
Revenue  5.00  2/1/20  1,000,000  1,146,570 
Louisiana Citizens Property Insurance         
Corporation,         
Assessment Revenue  5.00  6/1/20  3,100,000  3,547,516 
Tobacco Settlement Financing Corporation         
of Louisiana,         
Tobacco Settlement Asset-Backed         
Bonds  5.00  5/15/18  4,250,000  4,573,127 
        9,267,213 
Maryland - 1.2%         
Maryland,         
GO (State and Local Facilities Loan)  5.25  8/1/20  5,000,000  5,901,500 
Michigan - 5.5%         
Michigan,         
State Trunk Line Revenue  5.00 11/15/17  3,830,000  4,061,906 
Michigan Building Authority,         
Revenue (Facilities Program)  5.00  4/15/20  2,200,000  2,533,146 
Michigan Finance Authority,         
Local Government Loan Program         
Revenue (Detroit Water and Sewerage         
Department, Water Supply System         
Revenue Senior Lien Local Project         
Bonds) (Insured; Assured Guaranty         
Municipal Corp.)  5.00  7/1/20  1,000,000  1,148,500 
Michigan Finance Authority,         
Local Government Loan Program         
Revenue (School District of the City of         
Detroit State Qualified Unlimited Tax         
GO Local Project Bonds)  5.00  5/1/19  4,250,000  4,712,782 
Michigan Finance Authority,         
Revenue (School District of the City of         
Detroit)  5.00  6/1/17  3,000,000  3,083,340 
Michigan Finance Authority,         
Student Loan Revenue  5.00  11/1/19  1,600,000  1,765,184 
Michigan Finance Authority,         
Unemployment Obligation Assessment         
Revenue  5.00  1/1/21  3,000,000  3,386,490 
Wayne County Airport Authority,         
Airport Revenue (Detroit Metropolitan         
Wayne County Airport)  5.00  12/1/19  5,000,000  5,609,250 
        26,300,598 
Minnesota - 1.2%         
Minnesota,         
State General Fund Appropriation         
Bonds  5.00  3/1/17  5,470,000  5,633,662 
Missouri - 2.4%         
Kansas City,         
Sanitary Sewer System Improvement         
Revenue  4.00  1/1/21  1,000,000  1,136,490 

 


 

Long-Term Municipal Investments - 99.2%  Coupon  Maturity  Principal    
(continued)  Rate (%)  Date  Amount ($)   Value ($) 
Missouri - 2.4% (continued)           
Missouri Development Finance Board,           
Infrastructure Facilities Revenue           
(Branson Landing Project)  5.00  6/1/20  3,960,000   4,525,686 
Missouri Health and Educational Facilities           
Authority,           
Health Facilities Revenue (Saint Luke's           
Health System, Inc.)  5.00 11/15/20  1,070,000   1,251,376 
Missouri Joint Municipal Electric Utility           
Commission,           
Power Project Revenue (Iatan 2           
Project)  4.00  1/1/19  1,500,000   1,619,865 
Missouri Joint Municipal Electric Utility           
Commission,           
Power Project Revenue (Prairie State           
Project)  5.00  12/1/19  2,335,000   2,661,433 
          11,194,850 
Nebraska - .7%           
Omaha Public Power District,           
Electric System Revenue  5.00  2/1/19  3,150,000   3,491,933 
Nevada - 1.7%           
Nevada,           
Highway Revenue (Motor Vehicle Fuel           
Tax)  4.00  12/1/17  5,000,000   5,238,550 
Nevada,           
Unemployment Compensation Fund           
Special Revenue  5.00  6/1/18  2,500,000   2,659,400 
          7,897,950 
New Jersey - 3.8%           
New Jersey Economic Development           
Authority,           
Cigarette Tax Revenue  5.00  6/15/17  2,000,000   2,062,940 
New Jersey Economic Development           
Authority,           
School Facilities Construction Revenue  5.00  6/15/20  1,275,000   1,403,444 
New Jersey Educational Facilities           
Authority,           
Higher Education Facilities Trust Fund           
Revenue  5.00  6/15/19  1,980,000   2,147,785 
New Jersey Educational Facilities           
Authority,           
Revenue (Stockton University Issue)  5.00  7/1/21  2,190,000   2,531,662 
New Jersey Higher Education Student           
Assistance Authority,           
Senior Student Loan Revenue  5.00  12/1/20  3,000,000   3,377,880 
New Jersey Turnpike Authority,           
Turnpike Revenue  0.96  1/1/18  2,500,000 a  2,500,150 
New Jersey Turnpike Authority,           
Turnpike Revenue  5.00  1/1/19  3,720,000   4,106,396 
          18,130,257 
New Mexico - 1.5%           
Albuquerque Bernalillo County Water           
Utility Authority,           
Senior Lien Joint Water and Sewer           
System Revenue  5.00  7/1/20  1,675,000   1,954,474 

 


 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

Long-Term Municipal Investments - 99.2%  Coupon  Maturity  Principal    
(continued)  Rate (%)  Date  Amount ($)   Value ($) 
New Mexico - 1.5% (continued)           
New Mexico Municipal Energy Acquisition           
Authority,           
Gas Supply Revenue  0.83  8/1/17  5,395,000 a  5,393,597 
          7,348,071 
New York - 17.4%           
Long Island Power Authority,           
Electric System General Revenue  1.20  11/1/18  2,500,000 a  2,495,275 
Metropolitan Transportation Authority,           
Transportation Revenue  5.00 11/15/17  1,500,000   1,590,975 
Metropolitan Transportation Authority,           
Transportation Revenue  5.00 11/15/18  1,000,000   1,101,540 
Metropolitan Transportation Authority,           
Transportation Revenue  5.00 11/15/19  4,330,000   4,935,897 
Metropolitan Transportation Authority,           
Transportation Revenue  5.00 11/15/20  1,500,000   1,760,250 
Metropolitan Transportation Authority,           
Transportation Revenue  5.00 11/15/20  1,500,000   1,760,250 
Nassau County,           
GO (General Improvement)  5.00  1/1/20  5,000,000   5,696,000 
New York City,           
GO  5.00  8/1/18  2,500,000   2,725,050 
New York City,           
GO  5.00  8/1/19  5,750,000   6,489,047 
New York City,           
GO  5.00  8/1/20  3,830,000   4,458,273 
New York City Industrial Development           
Agency,           
Senior Airport Facilities Revenue           
(Transportation Infrastructure           
Properties, LLC Obligated Group)  5.00  7/1/17  2,000,000   2,078,800 
New York City Transitional Finance           
Authority,           
Building Aid Revenue  5.00  7/15/20  1,500,000   1,743,255 
New York City Transitional Finance           
Authority,           
Future Tax Secured Subordinate           
Revenue (Escrowed to Maturity)  5.00  11/1/16  955,000   969,382 
New York State Dormitory Authority,           
Revenue (State University of New York           
Dormitory Facilities)  5.00  7/1/18  1,750,000   1,901,603 
New York State Dormitory Authority,           
State Personal Income Tax Revenue           
(General Purpose)  5.00  3/15/17  5,000,000   5,158,500 
New York State Dormitory Authority,           
State Personal Income Tax Revenue           
(General Purpose)  5.00  2/15/19  2,500,000   2,781,875 
New York State Dormitory Authority,           
State Personal Income Tax Revenue           
(General Purpose)  5.00  2/15/19  3,535,000   3,933,571 
New York State Dormitory Authority,           
State Sales Tax Revenue  5.00  3/15/20  4,000,000   4,630,040 
New York State Thruway Authority,           
General Revenue Junior Indebtedness           
Obligations  5.00  5/1/19  3,000,000   3,353,820 

 


 

Long-Term Municipal Investments - 99.2%  Coupon  Maturity  Principal    
(continued)  Rate (%)  Date  Amount ($)   Value ($) 
New York - 17.4% (continued)           
New York Transportation Development           
Corporation,           
Special Facility Revenue (Terminal One           
Group Association, L.P. Project)  5.00  1/1/17  5,000,000   5,107,450 
New York Transportation Develpoment           
Corporation,           
Special Facility Revenue (Terminal One           
Group Association, L.P. Project)  5.00  1/1/19  5,000,000   5,499,650 
Port Authority of New York and New           
Jersey,           
(Consolidated Bonds, 175th Series)  5.00  12/1/17  3,000,000   3,187,380 
Port Authority of New York and New           
Jersey,           
(Consolidated Bonds, 185th Series)  5.00  9/1/20  3,400,000   3,940,838 
Triborough Bridge and Tunnel Authority,           
General Revenue (MTA Bridges and           
Tunnels)  0.66  12/3/19  5,000,000 a  4,937,050 
          82,235,771 
North Carolina - .6%           
Charlotte,           
Water and Sewer System Revenue  5.00  7/1/20  2,400,000   2,801,472 
Oklahoma - .3%           
Oklahoma Turnpike Authority,           
Oklahoma Turnpike System Second           
Senior Revenue  5.00  1/1/21  1,275,000   1,502,702 
Pennsylvania - 2.6%           
Pennsylvania Turnpike Commission,           
Turnpike Subordinate Revenue  5.00  6/1/21  2,135,000   2,495,623 
Philadelphia,           
Gas Works Revenue  5.00  8/1/20  4,335,000   5,003,023 
Philadelphia School District,           
GO  5.00  9/1/21  4,250,000   4,715,162 
          12,213,808 
Rhode Island - .5%           
Tobacco Settlement Financing Corporation           
of Rhode Island,           
Tobacco Settlement Asset-Backed           
Bonds  5.00  6/1/20  2,020,000   2,271,268 
Tennessee - 2.0%           
Metropolitan Government of Nashville and           
Davidson County,           
GO  5.00  7/1/20  1,920,000   2,235,398 
Tennessee Energy Acquisition Corporation,           
Gas Project Revenue  5.25  9/1/21  2,000,000   2,359,660 
Tennessee Energy Acquisition Corporation,           
Gas Project Revenue (Guaranteed           
Agreement; Goldman Sachs Group, Inc.)  5.00  2/1/21  2,905,000   3,373,547 
Tennessee State School Bond Authority,           
Higher Educational Facilities Second           
Program Bonds  5.00  11/1/19  1,350,000   1,538,663 
          9,507,268 

 


 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

Long-Term Municipal Investments - 99.2%  Coupon  Maturity  Principal    
(continued)  Rate (%)  Date  Amount ($)   Value ($) 
Texas - 14.8%           
Arlington Independent School District,           
Unlimited Tax School Building Bonds           
(Permanent School Fund Guarantee           
Program)  5.00  2/15/19  1,295,000   1,438,680 
Central Texas Regional Mobility Authority,           
Senior Lien Revenue  5.00  1/1/21  1,000,000   1,167,990 
Dallas and Fort Worth,           
Joint Revenue (Dallas/Fort Worth           
International Airport)  5.00  11/1/18  1,000,000   1,096,670 
Dallas Independent School District,           
Unlimited Tax Bonds (Permanent           
School Fund Guarantee Program)  5.00  8/15/17  1,995,000   2,095,229 
Dickinson Independent School District,           
Unlimited Tax Bonds (Permanent           
School Fund Guarantee Program)  5.00  2/15/20  3,260,000   3,738,470 
Harris County-Houston Sports Authority,           
Senior Lien Revenue  5.00 11/15/19  1,500,000   1,702,500 
Houston,           
Combined Utility System First Lien           
Revenue  5.00 11/15/19  1,380,000   1,572,979 
Houston,           
Combined Utility System First Lien           
Revenue  1.31  5/1/20  5,000,000 a  4,976,200 
Houston,           
Public Improvement GO  5.00  3/1/18  5,000,000   5,358,200 
Houston,           
Public Improvement GO  5.00  3/1/20  2,800,000   3,203,256 
Houston Convention and Entertainment           
Facilities Department,           
Hotel Occupancy Tax and Special           
Revenue  5.00  9/1/20  1,000,000   1,158,920 
Lake Travis Independent School District,           
Unlimited Tax School Building Bonds           
(Permanent School Fund Guarantee           
Program)  4.00  2/15/18  4,640,000   4,892,787 
Love Field Airport Modernization           
Corporation,           
General Airport Revenue  5.00  11/1/20  1,000,000   1,157,000 
Love Field Airport Modernization           
Corporation,           
Special Facilities Revenue (Southwest           
Airlines Company - Love Field           
Modernization Program Project)  5.00  11/1/16  2,340,000   2,374,258 
Lower Colorado River Authority,           
Transmission Contract Revenue (Lower           
Colorado River Authority Transmission           
Services Corporation Project)  4.00  5/15/20  1,000,000   1,115,490 
Lower Colorado River Authority,           
Transmission Contract Revenue (Lower           
Colorado River Authority Transmission           
Services Corporation Project)  5.00  5/15/20  1,075,000   1,240,507 
North Texas Tollway Authority,           
First Tier System Revenue  5.00  1/1/20  2,000,000   2,280,640 
North Texas Tollway Authority,           
First Tier System Revenue  5.00  1/1/21  1,000,000   1,172,310 
North Texas Tollway Authority,           
Second Tier System Revenue  5.00  1/1/20  1,025,000   1,161,233 

 


 

Long-Term Municipal Investments - 99.2%  Coupon  Maturity  Principal   
(continued)  Rate (%)  Date  Amount ($)  Value ($) 
Texas - 14.8% (continued)         
Plano Independent School District,         
Unlimited Tax Bonds (Permanent         
School Fund Guarantee Program)  5.00  2/15/21  2,040,000  2,409,668 
Rockwall,         
Improvement GO  5.00  8/1/20  4,695,000  5,449,111 
Sam Rayburn Municipal Power Agency,         
Power Supply System Revenue  5.00  10/1/16  1,000,000  1,011,110 
San Antonio,         
Electric and Gas Systems Junior Lien         
Revenue  5.00  2/1/20  6,000,000  6,881,760 
San Antonio,         
Water System Junior Lien Revenue  5.00  5/15/19  1,000,000  1,120,810 
Texas,         
GO (College Student Loan Bonds)  5.00  8/1/21  4,115,000  4,904,010 
Texas Transportation Commission,         
State Highway Fund Revenue  5.00  10/1/20  3,000,000  3,518,190 
Waco,         
Combination Tax and Revenue         
Certificates of Obligation  5.00  2/1/20  1,500,000  1,716,990 
        69,914,968 
Utah - 2.0%         
Intermountain Power Agency,         
Subordinated Power Supply Revenue  4.00  7/1/17  7,000,000  7,239,050 
Intermountain Power Agency,         
Subordinated Power Supply Revenue  5.00  7/1/19  2,000,000  2,248,740 
        9,487,790 
Virginia - 1.4%         
Fairfax County Industrial Development         
Authority,         
Health Care Revenue (Inova Health         
System Project)  5.00  5/15/21  1,000,000  1,193,690 
Virginia Public School Authority,         
School Technology and Security Notes  5.00  4/15/18  5,000,000  5,389,400 
        6,583,090 
Washington - 4.4%         
Energy Northwest,         
Electric Revenue (Columbia Generating         
Station)  5.00  7/1/18  5,000,000  5,434,200 
Port of Seattle,         
Intermediate Lien Revenue  5.00  4/1/20  3,000,000  3,434,280 
Seattle,         
Municipal Light and Power Revenue  5.00  4/1/20  2,000,000  2,307,100 
Seattle,         
Water System Improvement Revenue  5.00  5/1/20  2,500,000  2,894,175 
Tobacco Settlement Authority of         
Washington,         
Tobacco Settlement Revenue  5.00  6/1/18  3,650,000  3,927,327 
Washington,         
GO (Various Purpose)  5.00  7/1/20  2,465,000  2,862,531 
        20,859,613 
Wisconsin - 1.2%         
Public Finance Authority of Wisconsin,         
Lease Development Revenue (KU         
Campus Development Corporation -         
Central District Development Project)  5.00  3/1/20  2,000,000  2,280,520 

 


 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

Long-Term Municipal Investments - 99.2%  Coupon  Maturity  Principal    
(continued)  Rate (%)  Date  Amount ($)   Value ($) 
Wisconsin - 1.2% (continued)           
Wisconsin,           
GO  5.00  5/1/19  3,000,000   3,362,190 
          5,642,710 
Total Investments (cost $463,210,141)      99.2 %  469,786,903 
Cash and Receivables (Net)      0.8 %  3,616,236 
Net Assets      100.0 %  473,403,139 

 

a Variable rate security—rate shown is the interest rate in effect at period end.


 

STATEMENT OF INVESTMENTS
Dreyfus Short-Intermediate Municipal Bond Fund
June 30, 2016 (Unaudited)

The following is a summary of the inputs used as of June 30, 2016 in valuing the fund’s
investments:

      Level 3 -   
  Level 1 -  Level 2 - Other  Significant   
  Unadjusted Quoted  Significant  Unobservable   
  Prices Observable Inputs  Inputs  Total 
Assets ($)         
Investments in Securities:         
 
Municipal Bonds  -  469,786,903  -  469,786,903 

 

See Statement of Investments for additional detailed categorizations.


 

NOTES

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.

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.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund’s investments are as follows: Investments in securities are valued each business day by an independent pricing service (the “Service”) approved by the fund's Board Members (the "Board") Investments for which quoted bid prices are readily available and are representative of the bid side of the market in the judgment of the Service are valued at the mean between the quoted bid prices (as obtained by the Service from dealers in such securities) and asked prices (as calculated by the Service based upon its evaluation of the market for such securities). Other investments (which constitute a majority of the portfolio securities) are carried at


 

NOTES

fair value as determined by the Service, based on methods which include consideration of the following: yields or prices of municipal securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. All of the preceding securities are generally categorized within Level 2 of the fair value hierarchy.

The Service’s procedures are reviewed by Dreyfus under the general supervision of the Board.

When market quotations or official closing prices are not readily available, or are determined not to reflect accurately fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

For restricted securities where observable inputs are limited, assumptions about market activity and risk are used and are generally categorized within Level 3 of the fair value hierarchy.

At June 30, 2016, accumulated net unrealized appreciation on investments was $6,576,762, consisting of $6,686,276 gross unrealized appreciation and $109,514 gross unrealized depreciation.

At June 30, 2016, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC 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.


 

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/ Bradley J. Skapyak

            Bradley J. Skapyak

            President

 

Date:    August 11, 2016

 

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:    August 11, 2016

 

By:       /s/ James Windels

            James Windels

            Treasurer

 

Date:    August 11, 2016

 

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)