N-Q 1 form.htm FORM N-Q form
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 811-7502 
 
Dreyfus International Funds, Inc. 
(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) 
 
Mark N. Jacobs, 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:    05/31 
Date of reporting period:    02/28/07 


FORM N-Q

Item 1. Schedule of Investments.

STATEMENT OF INVESTMENTS 
Dreyfus Premier Emerging Markets Fund 
February 28, 2007 (Unaudited) 

Common Stocks--94.3%    Shares        Value ($) 




Argentina--.2%             
Petrobras Energia Participaciones, ADR    219,700 a        2,324,426 
Brazil--8.5%             
Banco Itau Holding Financeira, ADR    142,490        4,874,583 
Brasil Telecom Participacoes, ADR    232,450        9,414,225 
Braskem, ADR    192,100        2,512,668 
Centrais Eletricas Brasileiras    96,633        2,049,720 
Cia Brasileira de Distribuicao Grupo Pao de Acucar, ADR    325,920        9,761,304 
Cia de Saneamento Basico do Estado de Sao Paulo    19,447        2,598,817 
CPFL Energia    179,800        2,394,226 
Empresa Brasileira de Aeronautica, ADR    177,820        8,064,137 
Grendene    630,300        7,623,614 
Petroleo Brasileiro, ADR    404,969        36,609,198 
Tele Norte Leste Participacoes, ADR    1,342,390        17,410,798 
Unibanco - Uniao de Bancos Brasileiros, GDR    135,910        11,617,587 
Votorantim Celulose e Papel, ADR    220,090        3,946,214 
            118,877,091 
Chile--.5%             
United Breweries, ADR    213,300        6,303,015 
China--4.9%             
Bank of China, Cl. H    9,718,000 a        4,651,784 
China Telecom, Cl. H    28,353,800        13,136,840 
Huadian Power International, Cl. H    18,805,000        6,594,699 
Huaneng Power International, Cl. H    9,311,600        7,996,830 
Sinotrans, Cl. H    19,679,500        7,631,813 
TPV Technology    14,126,000        8,425,122 
Weiqiao Textile, Cl. H    8,005,600        11,270,875 
Yanzhou Coal Mining, Cl. H    10,307,100        9,445,405 
            69,153,368 
Czech Republic--1.1%             
Komercni Banka    94,460        15,448,962 
Egypt--.1%             
Al Ezz Steel Rebars    77,611 a        708,516 
Hong Kong--4.4%             
Brilliance China Automotive Holdings    12,394,000 a        3,045,676 
CNOOC    28,686,100        23,167,113 
Denway Motors    30,093,300        11,939,952 
Global Bio-Chem Technology Group    20,862,700        5,740,901 
Shanghai Industrial Holdings    4,924,500        11,534,115 
Texwinca Holdings    8,207,300        5,829,944 
            61,257,701 
Hungary--.5%             
Magyar Telekom Telecommunications    1,494,633        7,316,440 
India--6.2%             
Andhra Bank    833,463        1,459,064 
Bharat Petroleum    1,512,436        10,568,871 
GAIL India    455,840        2,925,895 
GAIL India, GDR    79,600 b        2,945,200 
Hero Honda Motors    1,245        18,933 
Hindalco Industries    1,698,370        5,392,874 
Hindalco Industries, GDR    1,591,000 b        5,170,750 
Hindalco Industries, GDR (Prepaid Shares)    241,990 a,b,c        478,876 
Hindustan Petroleum    1,666,483        10,271,077 
Jet Airways India    219,082        2,944,116 
Mahanagar Telephone Nigam    2,519,240        7,645,142 
Mahanagar Telephone Nigam, ADR    185,251        1,107,801 
Oil & Natural Gas    707,444        12,552,334 


Reliance Energy    204,570        2,207,863 
Reliance Industries    126,368        3,813,720 
State Bank of India    248,500        5,823,884 
State Bank of India, GDR    163,800 b        9,582,300 
Tata Steel    218,420        2,182,218 
            87,090,918 
Indonesia--.8%             
Gudang Garam    6,169,400        7,330,448 
Indosat    6,778,600        4,379,756 
            11,710,204 
Israel--2.6%             
Bank Hapoalim    2,102,963        9,726,703 
Check Point Software Technologies    221,306 a        4,997,090 
Teva Pharmaceutical Industries, ADR    618,790        22,004,172 
            36,727,965 
Malaysia--4.2%             
AMMB Holdings    5,816,600        5,545,945 
Gamuda    2,343,700        4,482,669 
Malayan Banking    5,080,900        18,130,531 
MK Land Holdings    1,522,800        269,522 
PLUS Expressways    1,416,400        1,188,757 
Proton Holdings    745,500        1,532,287 
Resorts World    2,404,400        10,295,746 
Sime Darby    7,658,600        17,053,120 
            58,498,577 
Mexico--4.9%             
Cemex (Units)    2,958,844 a        10,074,475 
Coca-Cola Femsa, ADR    353,560        12,197,820 
Controladora Comercial Mexicana (Units)    4,605,700        11,752,075 
Embotelladoras Arca    888,700        3,182,653 
Gruma, Cl. B    733,300        2,314,274 
Grupo Aeroportuario del Sureste, ADR    49,480        2,205,324 
Grupo Continental    4,396,550        9,053,446 
Kimberly-Clark de Mexico, Cl. A    1,086,900        4,556,119 
Telefonos de Mexico, ADR, Ser. L    432,410        12,557,186 
            67,893,372 
Philippines--.9%             
ABS-CBN Broadcasting    4,130,600 a        1,966,953 
Bank of the Philippine Islands    4,875,181        6,257,996 
Manila Electric, Cl. B    2,280,164        3,375,398 
SM Prime Holdings    6,318,900        1,439,087 
            13,039,434 
Poland--.7%             
Telekomunikacja Polska    1,317,332        10,044,082 
Russia--4.8%             
Cherepovets    64,290 b        877,558 
Gazprom, ADR    666,715        27,148,635 
LUKOIL, ADR    386,475        30,647,468 
MMC Norilsk Nickel, ADR    15,180        2,694,450 
Novolipetsk Steel, GDR    76,920 b        1,999,920 
Surgutneftegaz, ADR    59,500        3,522,400 
            66,890,431 
South Africa--7.1%             
Alexander Forbes    3,103,718 a        7,056,830 
Aspen Pharmacare    2,077,690 a        10,114,201 
Bidvest Group    355,328 a        6,924,844 
Ellerine Holdings    133,406 a        1,476,962 
Nampak    4,140,421 a        12,933,451 
Nedbank Group    1,177,841        21,936,983 
Sanlam    5,510,451        14,433,040 
Sappi    704,129        9,975,566 
Sasol    269,110        8,666,569 


Steinhoff International Holdings    1,578,677    5,684,110 
Telkom SA    32,830    739,639 
        99,942,195 
South Korea--20.2%         
Daelim Industrial    99,043    8,466,113 
Hanwha Chemical    667,200    9,493,475 
Hyundai Department Store    113,295    10,165,572 
Hyundai Mobis    184,388    15,271,849 
Hyundai Motor    222,100    16,272,790 
INI Steel    101,180    3,566,951 
Kookmin Bank    255,657    23,020,667 
Kookmin Bank, ADR    67,872    6,063,684 
Korea Electric Power    368,995    15,516,010 
Korea Exchange Bank    433,210    6,233,072 
KT    18,780    839,541 
KT, ADR    575,270    12,932,070 
Kumho Tire    816,030    10,484,697 
Kumho Tire, GDR    260,000 a,b    1,670,295 
LG Chem    172,040    7,946,631 
LG Electronics    296,333    18,785,325 
LG.Philips LCD    251,530 a    8,266,370 
LG.Philips LCD, ADR    33,500 a    541,360 
Lotte Shopping    39,242    14,188,374 
POSCO    25,048    9,388,844 
POSCO, ADR    57,820    5,359,914 
S-Oil    61,366    4,430,993 
Samsung Electronics    57,500    34,619,060 
Samsung SDI    60,539    4,056,290 
Samsung Securities    143,900    8,022,033 
Shinhan Financial Group    204,430    11,526,661 
SK Telecom    6,999    1,460,370 
SK Telecom, ADR    610,150    13,911,420 
        282,500,431 
Taiwan--15.7%         
BenQ    20,209,450 a    9,664,685 
China Motor    8,274,614    7,885,319 
Chinatrust Financial Holding    15,894,456    12,636,611 
Chunghwa Telecom, ADR    905,000    17,457,450 
Compal Electronics    12,666,484    11,043,375 
Compal Electronics, GDR    2,319,957 b    9,975,816 
Far Eastern Textile    2,241,240    1,880,416 
First Financial Holding    21,748,446    15,811,351 
Fubon Financial Holding    7,776,000    7,162,557 
Mega Financial Holding    3,781,000    2,513,035 
Nan Ya Printed Circuit Board    832,000    5,401,214 
Nien Hsing Textile    5,891,000    3,539,803 
Nien Made Enterprises    3,172,380    2,923,880 
Optimax Technology    5,678,181 a    3,192,502 
Powerchip Semiconductor    10,434,000    6,689,394 
Quanta Computer    11,654,877    19,526,390 
Radiant Opto-Electronics    1,968,500    3,111,207 
SinoPac Financial Holdings    33,360,103    16,697,079 
Sunplus Technology    3,428,680    3,976,994 
Taiwan Cement    3,230,885    2,682,098 
Taiwan Mobile    4,561,429    4,389,969 
Taiwan Semiconductor Manufacturing    1,567,000    3,102,902 
United Microelectronics    45,600,433    27,179,169 
United Microelectronics, ADR    3,392,432    11,195,026 
Yageo    22,613,200 a    9,687,932 
        219,326,174 
Thailand--3.8%         
Bangkok Bank    1,937,000    6,432,946 


C.P. Seven Eleven    9,934,500    1,664,266 
Charoen Pokphand Foods    40,341,000    5,501,315 
Delta Electronics Thai    4,234,000    2,177,663 
Italian-Thai Development    6,370,000    954,798 
Kasikornbank    4,663,400    9,045,831 
Krung Thai Bank    18,844,000    6,424,406 
PTT    1,056,100    6,456,100 
Siam Commercial Bank    4,341,800    8,422,007 
Siam Makro    1,422,000    3,447,906 
Thai Airways International    2,012,400    2,498,866 
Thai Union Frozen Products    578,800    391,253 
        53,417,357 
Turkey--1.9%         
KOC Holding    418,980 a    1,823,586 
Petrol Ofisi    1,358,370    5,623,825 
Turkcell Iletisim Hizmetleri    1,444,240    7,308,079 
Turkiye Is Bankasi, Cl. C    2,382,920    11,299,054 
        26,054,544 
United Kingdom--.1%         
JKX Oil & Gas    358,570    2,036,782 
United States--.2%         
Taro Pharmaceutical Industries    230,800 a    2,102,588 
Total Common Stocks         
(cost $1,029,612,554)        1,318,664,573 
 
Preferred Stocks--3.4%         



Brazil         
Braskem, Cl. A    827,500    5,374,947 
Centrais Eletricas Brasileiras, Cl. B    301,866    6,346,083 
Cia de Tecidos do Norte de Minas - Coteminas    80,679    10,248,153 
Cia Energetica de Minas Gerais    153,146    7,290,206 
Cia Paranaense de Energia, Cl. B    398,889    4,625,350 
Klabin    1,221,100    2,952,742 
Telecomunicacoes de Sao Paulo    157,123    3,837,904 
Telemig Celular Participacoes    3,390,680    6,169,232 
Total Preferred Stocks         
(cost $28,613,000)        46,844,617 
 
Other Investment--1.8%         



Registered Investment Company;         
Dreyfus Institutional Preferred Plus Money Market Fund     
(cost $25,300,000)    25,300,000 d    25,300,000 
 
Total Investments (cost $1,083,525,554)    99.5%    1,390,809,190 
Cash and Receivables (Net)    .5%    7,199,439 
Net Assets    100.0%    1,398,008,629 

ADR - American Depository Receipts 
GDR - Global Depository Receipts 

a    Non-income producing security. 
b    Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in 
    transactions exempt from registration, normally to qualified institutional buyers. At February 28, 2007, these 
    securities amounted to $32,700,715 or 2.3% of net assets. 
c    The value of this security has been determined in good faith under the direction of the Board of Directors. 
d    Investment in affiliated money market mutual fund. 

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.


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 International Funds, Inc. 
 
By:    /s/ J. David Officer 
    J. David Officer 
    President 
 
Date:    April 25, 2007 
 
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:    April 25, 2007 
 
By:    /s/ James Windels 
    James Windels 
    Treasurer 
 
Date:    April 25, 2007 
 
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)