lp108210f3.htm - Generated by SEC Publisher for SEC Filing

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT GRADE FUNDS, INC.

Dreyfus Intermediate Term Income Fund

On November 3, 2016, Dreyfus Intermediate Term Income Fund (the “Fund”), a series of Dreyfus Investment Grade Funds, Inc., purchased 1,600 4.300% Senior Notes, due November 2046, issued by Principal Financial Group (CUSIP No. 74251VAN2) (the “Notes”) at a purchase price of $99.88 per Note, including underwriter compensation of 0.875%. The Notes were purchased from Credit Suisse Securities (USA) LLC, a member of the underwriting syndicate of which BNY Mellon Capital Markets, LLC, an affiliate of the Fund’s investment adviser, was also a member. BNY Mellon Capital Markets, LLC received no benefit in connection with the transaction. The following is a list of the syndicate’s members:

Barclays Capital Inc.
BNP Paribas Securities Corp.
BNY Mellon Capital Markets, LLC
Citigroup Global Markets Inc.
Credit Agricole Securities (USA) LLC
Credit Suisse Securities (USA) LLC
Deutsche Bank Securities Inc.
Goldman, Sachs & Co.
HSBC Securities (USA) Inc.
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Mizuho Securities USA Inc.
RBC Capital Markets LLC
Samuel A. Ramirez & Company, Inc.
UBS Securities LLC
US Bancorp Investments, Inc.
Wells Fargo Securities, LLC
The Williams Capital Group, L.P.

Accompanying this statement are materials provided to the Board of Directors for the Fund, which ratified the purchase as being in compliance with the Fund’s Rule 10f-3 Procedures at a Board meeting held on March 1, 2017. These materials include additional information about the terms of the transaction.

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT GRADE FUNDS, INC.

Dreyfus Intermediate Term Income Fund

On January 4, 2017, Dreyfus Intermediate Term Income Fund (the “Fund”), a series of Dreyfus Investment Grade Funds, Inc., purchased 4,985 3.887% Senior Notes, due January 2028, issued by Citigroup Inc. (CUSIP No. 172967LD1) (the “Notes”) at a purchase price of $100.00 per Note, including underwriter compensation of 0.425%. The Notes were purchased from Citigroup Global Markets Inc., a member of the underwriting syndicate of which BNY Mellon Capital Markets, LLC, an affiliate of the Fund’s investment adviser, was also a member. BNY Mellon Capital Markets, LLC received no benefit in connection with the transaction. The following is a list of the syndicate’s members:

Academy Securities, Inc.
BBVA Securities Inc.
Blaylock Beal Van, LLC
BNP Paribas Securities Corp.
BNY Mellon Capital Markets, LLC
Capital One Securities, Inc.
Citigroup Global Markets Inc.
Citizens Capital Markets, Inc.
Commonwealth Bank of Australia
Credit Agricole Securities (USA) Inc.
Credit Suisse Securities (USA) LLC
Deutsche Bank Securities Inc.
Drexel Hamilton, LLC
The Huntington Investment Company
HSBC Securities (USA) Inc.
ING Financial Markets LLC
Lebenthal & Co., LLC
Loop Capital Markets LLC
MFR Securities, Inc.
Mizuho Securities USA Inc.
MUFG Securities Americas Inc.
nabSecurities, LLC
Nomura Securities International, Inc.
RBC Capital Markets, LLC
Samuel A. Ramirez & Company, Inc.
Santander Investment Securities Inc.
SG Americas Securities, LLC
Scotia Capital (USA) Inc.
Skandinaviska Enskilda Banken AB (publ)
SMBC Nikko Securities America, Inc.
TD Securities (USA) LLC
Telsey Advisory Group LLC

UBS Securities LLC
UniCredit Capital Markets LLC
Wells Fargo Securities, LLC

Accompanying this statement are materials provided to the Board of Directors for the Fund, which ratified the purchase as being in compliance with the Fund’s Rule 10f-3 Procedures at a Board meeting held on May 2, 2017. These materials include additional information about the terms of the transaction.

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT GRADE FUNDS, INC.

Dreyfus Intermediate Term Income Fund

On March 6, 2017, Dreyfus Intermediate Term Income Fund (the “Fund”), a series of Dreyfus Investment Grade Funds, Inc., purchased 810 3.900% Notes due April 2027, issued by Great Plains Energy, Inc. (CUSIP No. 391164AJ9) (the “Notes”) at a purchase price of $99.62 per Note, including underwriter compensation of 0.650%. The Notes were purchased from Goldman Sachs & Co., a member of the underwriting syndicate of which BNY Mellon Capital Markets, LLC, an affiliate of the Fund’s investment adviser, was also a member. BNY Mellon Capital Markets, LLC received no benefit in connection with the transaction. The following is a list of the syndicate’s members:

Barclays Capital Inc.
BNP Paribas Securities Corp.
BNY Mellon Capital Markets, LLC
Goldman, Sachs & Co.
J.P. Morgan Securities LLC
KeyBanc Capital Markets Inc.
Merrill Lynch, Pierce, Fenner & Smith Incorporated
MUFG Securities Americas Inc.
Mizuho Securities USA Inc.
SunTrust Robinson Humphrey, Inc.
UMB Financial Services, Inc.
U.S. Bancorp Investments, Inc.
Wells Fargo Securities, LLC

Accompanying this statement are materials provided to the Board of Directors for the Fund, which ratified the purchase as being in compliance with the Fund’s Rule 10f-3 Procedures at a Board meeting held on May 2, 2017. These materials include additional information about the terms of the transaction.

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT GRADE FUNDS, INC.

Dreyfus Short-Term Income Fund

On February 14, 2017, Dreyfus Short-Term Income Fund (the “Fund”), a series of Dreyfus Investment Grade Funds, Inc., purchased 1,225 2.125% Senior Notes, due March 2022, issued by Boeing Co. (CUSIP No. 097023BT1) (the “Notes”) at a purchase price of $98.79 per Note, including underwriter compensation of 0.350%. The Notes were purchased from Citigroup Global Markets Inc., a member of the underwriting syndicate of which BNY Mellon Capital Markets, LLC, an affiliate of the Fund’s investment adviser, was also a member. BNY Mellon Capital Markets, LLC received no benefit in connection with the transaction. The following is a list of the syndicate’s members:

ANZ Securities, Inc.
Barclays Capital Inc.
Baylock Beal Van, LLC
BBVA Securities Inc.
BNP Paribas Securities Corp.
BNY Mellon Capital Markets, LLC
CastleOak Securities
Citigroup Global Markets Inc.
C.L. King & Associates, Inc.
Credit Agricole Securities (USA) Inc.
Deutsche Bank Securities Inc.
Goldman, Sachs & Co.
Great Pacifics Securities
Guzman & Company
ICBC Standard Bank Plc
J.P. Morgan Securities LLC
Lebenthal & Co., LLC
Lloyds Securities Inc.
Loop Capital Markets LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Mitsubishi UFJ Financial Group
Mizuho Securities USA Inc.
Morgan Stanley & Co. LLC
MUFG Securities Americas Inc.
RBC Capital Markets, LLC
Santander Investment Securities Inc.
SG Americas Securities, LLC
Siebert Cisneros Shank & Co., LLC
SMBC Nikko Securities America, Inc.
Standard Chartered Bank
US Bancorp Investments Inc.
Wells Fargo Securities, LLC
The Williams Capital Group, L.P.

Accompanying this statement are materials provided to the Board of Directors for the Fund, which ratified the purchase as being in compliance with the Fund’s Rule 10f-3 Procedures at a Board meeting held on May 2, 2017. These materials include additional information about the terms of the transaction.

Sub-Item 77O

Rule 10f-3 Transactions

DREYFUS INVESTMENT GRADE FUNDS, INC.

Dreyfus Short-Term Income Fund

On March 6, 2017, Dreyfus Intermediate Short-Term Income Fund (the “Fund”), a series of Dreyfus Investment Grade Funds, Inc., purchased 395 3.150% Notes due April 2022, issued by Great Plains Energy, Inc. (CUSIP No. 391164AH3) (the “Notes”) at a purchase price of $99.92 per Note, including underwriter compensation of 0.600%. The Notes were purchased from Goldman Sachs & Co., a member of the underwriting syndicate of which BNY Mellon Capital Markets, LLC, an affiliate of the Fund’s investment adviser, was also a member. BNY Mellon Capital Markets, LLC received no benefit in connection with the transaction. The following is a list of the syndicate’s members:

Accompanying this statement are materials provided to the Board of Directors for the Fund, which ratified the purchase as being in compliance with the Fund’s Rule 10f-3 Procedures at a Board meeting held on May 2, 2017. These materials include additional information about the terms of the transaction.

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