|Portfolio Manager/Sub-Investment Adviser:||
|Inception Date||September 30, 2005|
|Total Assets||Class Z (as of 05/27/16): $64,983,291.19
Portfolio (as of 05/27/16): $163,550,027.35
|Minimum Initial Investment||$1,000|
|Minimum Subsequent Investment||$100|
|Dividend Schedule||Declared Daily,
|Fiscal Year End||Aug 31|
|Fund Status||Class Z shares are closed to new accounts.|
Average Annual Total Returnsas of 03/31/16
|1 YR||3 YR||5 YR||10 YR||Since
|Barclays Municipal Bond Index 2|
The performance data quoted represents past performance, which is no guarantee of future results. Yield, 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. Please use the pulldown menu above to view month-end performance
Morningstar Rating 3
Morningstar Overall Rating™ for Class Z shares among 167 funds in the High Yield Municipal category as of 04/30/16. Ratings reflect risk-adjusted performance, and are derived from a weighted average of the fund's 3-, 5-, and 10-year (as applicable) ratings.
As of 04/30/16 the fund received 4, 3, and 3 stars for the 3-, 5-, and 10-year periods out of 167, 149 and 98 funds in the category. Past performance is no guarantee of future results.
Other share classes may have different ratings.
as of 05/27/16
as of 05/27/16
as of 05/27/16
|12 Month High
|12 Month Low
Prospectus Fee Table Expense Ratios
Dreyfus Investment Style 4
The primary goal of the fund is to seek high current income exempt from federal income tax. View the Strategy & Risks section for this fund for more information.
Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or a summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.
Notes & Disclosures
- Performance is historical and not indicative of future results. Investment return, yield, and principal value will fluctuate and an investor will receive more or less than the original cost upon redemption. Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors, and should read the prospectus carefully.
- Source: Morningstar, Inc. All rights reserved. Reflects investments of dividends and, where applicable, capital gain distributions. The Barclays Municipal Bond Index is a widely accepted, unmanaged total return performance benchmark for the long-term, investment-grade tax-exempt bond market.
- The Ratings formula measures the amount of variation in a fund's performance and gives more emphasis to downward variations. The top 10% of the funds in the category receive five stars; the next 22.5% four stars; the next 35% three stars; the next 22.5% two stars; and the last 10% one star. Ratings reflect sales loads.The fund represents a single portfolio with multiple share classes that have different expense structures.
- The "Dreyfus Investment Style Classification" graphically depicts the fund's investment strategy as described in its Prospectus. The horizontal and vertical axes describe the fund's general credit quality focus (High: AAA/AA; Medium: A/BBB; Low: Below BBB) and weighted average maturity in years (Short: <4; Intermediate 4-10; Long: >10). It is designed to support asset allocation decisions and not to depict actual fund holdings at a point in time.