Fund Spotlight

Ease Back into the Equity Markets

Does the idea of getting back into today’s equity markets have you taking a breather on the sidelines? A more comfortable way to get back into the game may be with an equity income fund.

Equity income funds are distinguished by their dual objectives: seeking growth and current income. They generally invest in high-quality companies with a reliable history of dividend payments and growth in the dividend rate. These type of stocks have historically higher total returns with lower volatility, versus low- or non-dividend-paying stocks.

Higher Returns With Less Risk

Dreyfus Offers a World of Equity Income Opportunities
Whether you choose to invest domestically or internationally, Dreyfus offers two solutions to help you achieve your goals: Dreyfus Global Equity Income Fund and Dreyfus Equity Income Fund.

Dreyfus Global Equity Income Fund and Dreyfus Equity Income Fund

For more information, call us at 1-800-896-8287 or speak to your financial advisor.

The performance and rankings quoted represent past performance, which is no guarantee of future results. Share price and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. View the funds' most recent month-end returns: Dreyfus Global Equity Income Fund or Dreyfus Equity Income Fund. The Dreyfus Corporation has contractually agreed to waive receipt of its fees and/or assume the expenses of Dreyfus Global Equity Income Fund until March 1, 2013, and Dreyfus Equity Income Fund until October 1, 2012, respectively, so that the net operating expenses of each fund's Class A shares (excluding taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) do not exceed 1.25%. Total expense ratio, Dreyfus Global Equity Income Fund Class A: 2.14% (Net Operating Expenses, Class A: 1.50%). Total expense ratio, Dreyfus Equity Income Fund Class A: 5.40% (Net Operating Expenses, Class A: 1.15%).

Investors should consider the investment objectives, risks, charges and expenses of any mutual fund carefully before investing. Download a prospectus that contains this and other information about a fund, and read it carefully before investing.

Equity funds are subject generally to market, market sector, market liquidity, issuer and investment style risks, among other factors, to varying degrees, all of which are more fully described in the fund’s prospectus.

There is no assurance or guarantee that companies that issue dividends will declare or continue to pay or increase higher dividends.

Investing internationally involves special risks, including changes in currency exchange rates, political, economic and social instability, a lack of comprehensive company information, differing auditing and legal standards and less market liquidity.

Diversification does not ensure a profit or protect against loss.

*Performance based on The Standard & Poor’s 500 (S&P 500) Composite Stock Price Index, a widely accepted, unmanaged index of U.S. stock market performance. Dividend-Paying and Non-Paying dividend stocks are defined by each stock’s dividend policy that is determined on a rolling 12-month basis. Ned Davis Research classifies a stock as a dividend-paying stock if it pays a cash dividend any time during the previous 12 months. For instance, if a stock pays a dividend on July 1, it will be classified as a dividend-paying stock through June 30 of the following year. The index returns are calculated using monthly equal-weighted geometric averages of the total returns of all dividend-paying (or non-paying) stocks. A stock’s return is only included during the period it is a component of the S&P 500 Index. The dividend figure used to categorize the stock is the company’s indicated annual dividend, which may be different from the actual dividends paid in a particular month. Dividend Growers/Initiators is a subset of dividend-paying stocks and include stocks that increased their dividend anytime in the last 12 months. Once an increase occurs, it remains classified as a grower for 12 months or until another change in dividend policy. Investors cannot invest in any index. Actual investment returns may vary.

The Dreyfus Corporation is a subsidiary of The Bank of New York Mellon Corporation. BNY Mellon Asset Management is one of the world’s leading asset management organizations, encompassing BNY Mellon’s affiliated investment firms and global distribution companies.