| 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 811-5245 | ||
| Dreyfus Strategic Municipals, 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: | 9/30 | |
| Date of reporting period: | 6/30/05 | |
FORM N-Q
Item 1. Schedule of Investments.
| Dreyfus Strategic Municipals, Inc. | June 30, 2005 (Unaudited) | |||
| Long-Term Municipal Investments--148.4% | ||||
| Principal | ||||
| Amount ($) | Value ($) | |||
| Alabama--6.3% | ||||
| Houston County Health Care Authority | ||||
| 6.25%, 10/1/2030 (Insured; AMBAC) | 8,000,000 | 8,956,080 | ||
| Jefferson County, Limited Obligation School Warrant: | ||||
| 5.25% 1/1/2018 | 21,000,000 | 22,907,850 | ||
| 5.50%, 1/1/2022 | 4,000,000 | 4,404,640 | ||
| Alaska--.7% | ||||
| Alaska Housing Finance Corp. | ||||
| 6%, 6/1/2049 (Insured; MBIA) | 4,000,000 | 4,191,560 | ||
| Arkansas--2.0% | ||||
| Arkansas Development Finance Authority, SFMR | ||||
| (Mortgage Backed Securities Program) | ||||
| 6.45%, 7/1/2031 (Guaranteed; GNMA, FNMA) | 1,540,000 | 1,631,645 | ||
| 6.25%, 1/1/2032 (Guaranteed; GNMA) | 3,550,000 | 3,630,407 | ||
| Little Rock School District | ||||
| 5.25%, 2/1/2030 (Insured; FSA) | 6,000,000 | 6,417,540 | ||
| Arizona--3.5% | ||||
| Coconino County Pollution Control Corp., PCR | ||||
| (Nevada Power Co. Project) 6.375%, 10/1/2036 | 3,500,000 | 3,601,465 | ||
| Maricopa Pollution Control Corp., PCR | ||||
| (Public Service Co.) 5.75%, 11/1/2022 | 6,000,000 | 6,137,700 | ||
| Scottsdale Industrial Development Authority, HR | ||||
| (Scottsdale Healthcare) 5.80%, 12/1/2031 | 6,000,000 | 6,503,100 | ||
| Tucson, Water System Revenue | ||||
| 5%, 7/1/2021 (Insured; FGIC) | 3,500,000 | 3,753,890 | ||
| California--11.0% | ||||
| California Infrastructure and Economic Development Bank, | ||||
| Revenue (Bay Area Toll Bridges) | ||||
| 5.25%, 7/1/2017 (Insured; FSA) | 12,360,000 | 13,821,817 | ||
| State of California: | ||||
| 5.50%, 4/1/2028 | 4,000,000 | 4,480,240 | ||
| 5.25%, 4/1/2034 | 5,000,000 | 5,397,250 | ||
| California Department of Water Resources, Power Supply | ||||
| Revenue 5.125%, 5/1/2018 (Insured; FGIC) | 6,000,000 | 6,534,000 | ||
| California Pollution Control Financing Authority, SWDR | ||||
| (Keller Canyon Landfill Co. Project) 6.875%, 11/1/2027 | 2,000,000 | 2,031,400 | ||
| California Statewide Communities Development Authority, | ||||
| Revenue (Bentley School) 6.75%, 7/1/2032 | 2,000,000 | 2,178,180 | ||
| Golden State Tobacco Securitization Corp., Tobacco | ||||
| Settlement Revenue: | ||||
| 7.80%, 6/1/2042 | 8,100,000 | 9,723,240 | ||
| 7.90%, 6/1/2042 (LOC; Bank of New York | 2,000,000 | 2,413,880 | ||
| Los Angeles Unified School District | ||||
| 5.25%, 7/1/2020 (Insured; FSA) | 7,200,000 | 8,024,976 | ||
| Oakland 5%, 1/15/2026 (Insured; MBIA) | 2,760,000 | 2,931,644 | ||
| State Public Works Board of California, Lease Revenue, | ||||
| Department of General Services (Butterfield | ||||
| State Office Complex) 5.25%, 6/1/2030 | 5,000,000 | 5,417,950 | ||
| Colorado--5.3% | ||||
| Beacon Point Metropolitan District | 2,000,000 | 2,001,380 | ||
| 6.25%, 12/1/2035 | ||||
| Colorado Housing and Finance Authority | ||||
| (Single Family Program) | ||||
| 6.60%, 8/1/2032 (Insured; FHA) | 3,000,000 | 3,148,890 | ||
| Denver City and County, Special Facilities Airport | ||||
| Revenue (United Airlines Project) | ||||
| 6.875%, 10/1/2032 | 7,135,000 a | 6,452,751 | ||
| Northwest Parkway Public Highway Authority, | ||||
| Revenue 7.125%, 6/15/2041 | 10,750,000 | 11,701,805 | ||
| Silver Dollar Metropolitan District 7.05%, 12/1/203 | 4,935,000 | 5,221,526 | ||
| Southlands Metropolitan District Number 1 | ||||
| 7.125%, 12/1/2034 | 2,000,000 | 2,207,840 | ||
| Florida--3.8% | ||||
| Deltona, Utilities System Revenue | ||||
| 5.125% 10/1/2027 (Insured; MBIA) | 6,000,000 | 6,467,940 | ||
| Florida Housing Finance Corp., Housing Revenue | ||||
| (Nelson Park Apartments) | ||||
| 6.40%, 3/1/2040 (Insured; FSA) | 12,380,000 | 13,193,242 | ||
| Orange County Health Facility Authority, HR | ||||
| (Regional Healthcare Systems) 6%, 10/1/2026 | 2,000,000 | 2,137,340 | ||
| Georgia-2.2% | ||||
| Augusta, Water and Sewer Revenue | ||||
| 5.25%, 10/1/2039 (Insured; FSA) | 3,000,000 | 3,270,480 | ||
| Brooks County Development Authority, Sewer Revenue, | ||||
| Health and Housing Facilities | ||||
| 5.70%, 1/20/2039 (Insured; GNMA) | 4,445,000 | 4,970,532 | ||
| Milledgeville-Baldwin County Development Authority, Revenue | ||||
| (Georgia College and State Foundation): | ||||
| 6%, 9/1/2013 | 2,090,000 | 2,329,848 | ||
| 6%, 9/1/2033 | 2,000,000 | 2,189,140 | ||
| Hawaii--.5% | ||||
| Hawaii Department of Transportation, Special Facility Revenue | ||||
| (Caterair International Corp. Project) 10.125%, 12/1/2010 | 3,000,000 | 3,008,070 | ||
| Idaho--.6% | ||||
| Power County Industrial Development Corp, SWDR | ||||
| (FMC Corp. Project) 6.45%, 8/1/2032 | 3,250,000 | 3,396,900 | ||
| Illinois--12.3% | ||||
| Chicago: | ||||
| 6.125%, 1/1/2028 (Insured; FGIC) | 1,250,000 | 1,411,738 | ||
| 6.125%, 1/1/2028 (Insured; FGIC) (Prerefunded 7/1/2010 | 14,565,000 b | 16,742,759 | ||
| SFMR 6.55%, 4/1/2033 | ||||
| (Guaranteed; FHLMC, FNMA,GNMA) | 5,105,000 | 5,377,709 | ||
| (Wastewater Transmission Revenue) | ||||
| 6%, 1/1/2030 (Insured; MBIA) (Prerefunded 1/1/2010 | 3,000,000 b | 3,399,270 | ||
| Chicago-O'Hare International Airport, Special Facility Revenue | ||||
| (American Airlines Inc. Project) 8.20%, 12/1/2024 | 7,000,000 | 6,661,340 | ||
| Illinois Educational Facilities Authority, Revenue | ||||
| (Northwestern University) 5%, 12/1/2038 | 5,000,000 | 5,257,500 | ||
| (University of Chicago): | ||||
| 5.125%, 7/1/2038 (Insured; MBIA) | 6,995,000 | 7,375,248 | ||
| 5.125%, 7/1/2038 (Insured; MBIA) | ||||
| (Prerefunded 7/1/2008) | 5,000 b | 5,370 | ||
| Illinois Health Facilities Authority, Revenue | ||||
| (Advocate Network Health Care) 6.125%, 11/15/2022 | 4,020,000 | 4,473,416 | ||
| (OSF Healthcare System) 6.25%, 11/15/2029 | 7,730,000 | 8,346,004 | ||
| (Swedish American Hospital) 6.875%, 11/15/2030 | 4,980,000 | 5,862,207 | ||
| Metropolitan Pier and Exposition Authority, | ||||
| Dedicated State Tax Revenue (McCormick | ||||
| Place Expansion) 5.25%, 6/15/2042 (Insured; MBIA) | 5,325,000 | 5,737,528 | ||
| Indiana--2.7% | ||||
| Franklin Township Independent School Building Corp., | ||||
| First Mortgage 6.125%, 1/15/2022 (Prerefunded 7/15/2010 | 6,500,000 b | 7,540,000 | ||
| Indiana Housing Finance Authority, SFMR 5.95%, 1/1/2029 | 1,215,000 | 1,250,733 | ||
| Petersburg, PCR (Indiana Power and Light) | ||||
| 6.375%, 11/1/2029 | 4,150,000 | 4,449,298 | ||
| Sullivan, Industrial Pollution Control Revenue | ||||
| (Hoosier Energy-Merom Project) | ||||
| 7.10%, 4/1/2019 | 2,500,000 | 2,501,900 | ||
| Kansas--4.8% | ||||
| Kansas Development Finance Authority, Revenue: | ||||
| (Board of Regents-Scientific Resource) | ||||
| 5%, 10/1/2021 (Insured; AMBAC) | 5,290,000 | 5,722,669 | ||
| Health Facility (Sisters of Charity) 6.25%, 12/1/2028 | 3,000,000 | 3,363,990 | ||
| Sedgwick and Shawnee Counties, SFMR | ||||
| (Mortgage Backed Securities Project) | ||||
| 6.30%, 12/1/2032 (Guaranteed; GNMA, FNMA) | 7,175,000 | 7,578,594 | ||
| Wichita, HR (Christian Health System Inc.) | ||||
| 6.25%, 11/15/2024 | 10,000,000 | 10,972,100 | ||
| Louisiana--.2% | ||||
| Parish of Saint James, SWDR (Freeport-McMoRan Partnership | ||||
| Project) 7.70%, 10/1/2022 | 1,390,000 | 1,392,627 | ||
| Maine--.5% | ||||
| Maine Housing Authority, Mortgage 5.30%, 11/15/2023 | 2,825,000 | 2,970,629 | ||
| Maryland--1.4% | ||||
| Maryland Economic Development Corp., Student | ||||
| Housing Revenue (University of Maryland): | ||||
| 6.50%, 6/1/2027 | 3,000,000 | 3,325,290 | ||
| 5.75%, 10/1/2033 | 4,500,000 | 4,788,135 | ||
| Massachusetts--2.5% | ||||
| Massachusetts Industrial Finance Agency, Revenue | ||||
| (Ogden Haverhill Project) 5.60%, 12/1/2019 | 6,000,000 | 6,177,120 | ||
| Massachusetts Health and Educational Facilities Authority, | ||||
| Revenue: | ||||
| Civic Investments 9%, 12/15/2015 | 2,000,000 | 2,315,280 | ||
| (Partners Healthcare System) 5.75%, 7/1/2032 | 5,000,000 | 5,583,050 | ||
| Michigan--5.0% | ||||
| Kent Hospital Finance Authority, Revenue | ||||
| (Metropolitan Hospital Project) 6.25%, 7/1/2040 | 3,000,000 | 3,357,810 | ||
| Michigan Hospital Finance Authority, HR: | ||||
| (Ascension Health Credit) | ||||
| 6.125%, 11/15/2026 (Prerefunded 11/15/2009 | 5,000,000 b | 5,668,850 | ||
| (Genesys Health System Obligated Group) | ||||
| 8.125%, 10/1/2021 (Prerefunded 10/1/2005) | 5,000,000 b | 5,168,100 | ||
| Michigan Strategic Fund: | ||||
| RRR (Detroit Edison Co.) | ||||
| 5.25%, 12/15/2032 | 3,000,000 | 3,203,820 | ||
| SWDR (Genesee Power Station Project) | ||||
| 7.50%, 1/1/2021 | 11,940,000 | 11,330,821 | ||
| Minnesota--2.7% | ||||
| Duluth Economic Development Authority, Health | ||||
| Care Facilities Revenue (Saint Luke's | ||||
| Hospital) 7.25%, 6/15/2032 | 5,000,000 | 5,268,000 | ||
| Saint Paul Port Authority, Hotel Facility Revenue | ||||
| (Radisson Kellogg Project) 7.375%, 8/1/2029 | 3,000,000 | 3,165,360 | ||
| United Hospital District of Todd, Morrison, Cass | ||||
| and Wadena Counties, General Obligation | ||||
| Health Care Facilities Revenue (Lakewood | ||||
| Health System) 5.125%, 12/1/2024 | 1,500,000 | 1,574,220 | ||
| Winona, Health Care Facilities Revenue | ||||
| (Winona Health) 6%, 7/1/2026 | 5,000,000 | 5,423,450 | ||
| Mississippi--3.3% | ||||
| Claiborne County, PCR | ||||
| (System Energy Resources, Inc.) 6.20%, 2/1/2026 | 4,545,000 | 4,546,818 | ||
| Mississippi Business Finance Corp., PCR (System Energy | ||||
| Resources Inc. Project) 5.875%, 4/1/2022 | 14,310,000 | 14,557,420 | ||
| Missouri--2.5% | ||||
| Missouri Development Finance Board, Infrastructure | ||||
| Facilities Revenue (Branson): | ||||
| 5.375%, 12/1/2027 | 2,000,000 | 2,115,100 | ||
| 5.50%, 12/1/2032 | 4,500,000 | 4,776,660 | ||
| Missouri Health and Educational Facilities Authority, | ||||
| Health Facilities Revenue (Saint Anthony's | ||||
| Medical Center) 6.25%, 12/1/2030 | 6,750,000 | 7,326,585 | ||
| Montana--.3% | ||||
| Montana Board of Housing, SFMR | ||||
| 6.45%, 6/1/2029 | 1,845,000 | 1,866,937 | ||
| Nevada--2.9% | ||||
| Clark County, IDR | ||||
| (Nevada Power Co. Project) 5.60%, 10/1/2030 | 3,000,000 | 2,999,910 | ||
| Washoe County (Reno-Sparks Convention Center) | ||||
| 6.40%, 7/1/2029 (Insured; FSA) (Prerefunded 1/1/2010 | 12,000,000 b | 13,703,760 | ||
| New Hampshire--2.6% | ||||
| New Hampshire Business Finance Authority, PCR | ||||
| (Public Service Co. of New Hampshire) | ||||
| 6%, 5/1/2021 (Insured; AMBAC) | 7,000,000 | 7,609,980 | ||
| New Hampshire Health and Educational Facilities Authority, | ||||
| Revenue (Exeter Project): | ||||
| 6%, 10/1/2024 | 1,000,000 | 1,106,010 | ||
| 5.75%, 10/1/2031 | 1,000,000 | 1,077,510 | ||
| New Hampshire Industrial Development Authority, PCR | ||||
| (Connecticut Light and Power) 5.90%, 11/1/2016 | 5,000,000 | 5,118,650 | ||
| New Jersey--4.9% | ||||
| New Jersey Economic Development Authority, | ||||
| Cigarette Tax Revenue 5.75%, 6/15/2034 | 2,500,000 | 2,692,925 | ||
| New Jersey Health Facilities Financing Authority, Revenue | ||||
| (Christian Health Care Center) 8.75%, 7/1/2018 | ||||
| (Prerefunded 7/1/2006) | 13,265,000 b | 14,159,592 | ||
| New Jersey Turnpike Authority, Turnpike Revenue | ||||
| 5%, 1/1/2035 (Insured; AMBAC) | 4,500,000 | 4,738,680 | ||
| Tobacco Settlement Financing Corp. | ||||
| 7%, 6/1/2041 | 5,640,000 | 6,449,171 | ||
| New Mexico--2.2% | ||||
| Farmington, PCR: | ||||
| (El Paso Electric Co. Project) | ||||
| 6.375%, 6/1/2032 | 5,370,000 | 5,384,821 | ||
| (Tucson Electric Power Co., San Juan) | ||||
| 6.95%, 10/1/2020 | 4,000,000 | 4,202,120 | ||
| New Mexico Mortgage Finance Authority, SFMR | ||||
| 7%, 9/1/2031 (Guaranteed; GNMA, FNMA, FHLMC) | 2,920,000 | 2,986,284 | ||
| New York--7.9% | ||||
| Long Island Power Authority, New York Electric System Revenue | ||||
| 7.468% 12/1/2016 | 10,000,000 c,d | 11,347,900 | ||
| Tobacco Settlement Financing Corp.: | ||||
| 5.50%, 6/1/2020 | 16,000,000 | 17,804,160 | ||
| 5.25%, 6/1/2021 (Insured; AMBAC) | 5,000,000 | 5,482,700 | ||
| Triborough Bridge and Tunnel Authority, Revenue | ||||
| 5.25%, 11/15/2030 | 5,220,000 | 5,647,414 | ||
| Westchester Tobacco Asset Securitization Corp. | ||||
| 5.125%, 6/1/2038 | 5,000,000 | 5,018,300 | ||
| North Dakota--.2% | ||||
| North Dakota Housing Finance Agency, Home Mortgage Revenue | ||||
| (Housing Finance Program) 6.15%, 7/1/2031 | 1,405,000 | 1,413,936 | ||
| Ohio--8.6% | ||||
| Canal Winchester Local School District: | ||||
| Zero Coupon, 12/1/2029 (Insured; MBIA) | 3,955,000 | 1,258,679 | ||
| Zero Coupon, 12/1/2031 (Insured; MBIA) | 3,955,000 | 1,138,051 | ||
| Cincinnati , Water System Revenue: | ||||
| 5%, 12/1/2018 | 2,500,000 | 2,707,900 | ||
| 5%, 12/1/2021 | 3,800,000 | 4,060,338 | ||
| 5%, 12/1/2023 | 3,000,000 | 3,205,530 | ||
| Cleveland State University | ||||
| 5%, 6/1/2034 (Insured; FGIC) | 5,000,000 | 5,319,700 | ||
| Cuyahoga County, Revenue 6%, 1/1/2032 | 750,000 | 839,063 | ||
| Mahoning County, Hospital Facilities Revenue | ||||
| (Forum Health Obligation Group) 6%, 11/15/2032 | 7,000,000 | 7,686,630 | ||
| Ohio Air Quality Development Authority, PCR | ||||
| (Cleveland Electric Illuminating | ||||
| 6.10%, 8/1/2020 (Insured; ACA) | 3,000,000 | 3,151,440 | ||
| Ohio Water Development Authority, Pollution Control | ||||
| Facilities Revenue (Cleveland Electric | ||||
| Illuminating) 6.10%, 8/1/2020 (Insured; ACA | 4,350,000 | 4,569,588 | ||
| Toledo Lucas County Port Authority, Airport Revenue | ||||
| (Baxter Global Project) | ||||
| 6.25%, 11/1/2013 | 4,300,000 | 4,414,337 | ||
| Trotwood-Madison City School District, | ||||
| School Improvement 5%, 12/1/2030 (Insured; FGIC) | 10,495,000 | 11,104,025 | ||
| Oklahoma--2.9% | ||||
| Oklahoma Housing Finance Agency, SFMR | ||||
| (Homeownership Loan Program): | ||||
| 7.55%, 9/1/2027 (Guaranteed; GNMA, FNMA) | 1,725,000 | 1,831,433 | ||
| 7.55%, 9/1/2028 | 1,460,000 | 1,482,353 | ||
| Oklahoma State Industries Authority, | ||||
| Health System Revenue: | ||||
| 5.75%, 8/15/2029 (Insured; MBIA) | 5,160,000 | 5,759,592 | ||
| (Prerefunded 8/15/2009) | ||||
| 5.75%, 8/15/2029 (Insured; MBIA) | 7,070,000 | 7,711,673 | ||
| Oregon--3.1% | ||||
| Port of Portland, International Airport Revenue | ||||
| (Portland International Airport) | ||||
| 5.50%, 7/1/2024 (Insured; AMBAC) | 5,000,000 | 5,398,450 | ||
| Tigard - Tualatin School District No. 23 | ||||
| 5.375%, 6/15/2019 (Insured; MBIA) | 3,000,000 | 3,337,830 | ||
| Western Generation Agency, Cogeneration Project Revenue | ||||
| (Wauna Cogeneration Project): | ||||
| 7.40%, 1/1/2016 | 5,750,000 | 5,837,803 | ||
| 7.125%, 1/1/2021 | 2,900,000 | 2,944,283 | ||
| Pennsylvania--2.8% | ||||
| Abington School District | ||||
| 5.125%, 10/1/2034 (Insured; FSA) | 4,085,000 | 4,407,061 | ||
| Pennsylvania Economic Development Financing Authority, | ||||
| Exempt Facilities Revenue | ||||
| (Reliant Energy Seward, LLC Project) | ||||
| 6.75%, 12/1/2036 | 7,000,000 | 7,564,410 | ||
| York County Hospital Authority, Revenue | ||||
| (Health Center - Lutheran Social Services) 6.50%, 4/1/2022 | 4,250,000 | 4,283,405 | ||
| South Carolina--2.6% | ||||
| Greenville County School District , Installment Purchase Revenue | ||||
| (Building Equity Sooner for Tomorrow): | ||||
| 5.50%, 12/1/2028 | 5,000 | 5,467 | ||
| 8.20%, 12/1/2028 | 7,810,000 c,d | 9,268,830 | ||
| Greenville Hospital System, Hospital Facilities Revenue | ||||
| 5.50%, 5/1/2026 (Insured; AMBAC) | 5,000,000 | 5,503,100 | ||
| Tennessee--4.6% | ||||
| Chattanooga Health and Educational Facilities Board, | ||||
| Revenue (CDFI Phase I LLC Project): | ||||
| 5%, 10/1/2025 | 2,450,000 | 2,452,744 | ||
| 5.125%, 10/1/2035 | 2,190,000 | 2,193,285 | ||
| 6%, 10/1/2035 | 1,500,000 | 1,528,350 | ||
| Johnson City Health and Educational Facilities Board, HR: | ||||
| 7.50%, 7/1/2025 | 5,000,000 | 6,017,500 | ||
| 7.50%, 7/1/2033 | 3,000,000 | 3,593,340 | ||
| Memphis Center City Revenue Finance Corp., Tennessee Sports | ||||
| Facility Revenue (Memphis Redbirds) 6.50%, 9/1/2028 | 10,000,000 | 10,227,800 | ||
| Texas--11.4% | ||||
| Alliance Airport Authority Inc., Special Facilities Revenue | ||||
| (American Airlines Inc. Project) | ||||
| 7.50%, 12/1/2029 (Insured; FSA) | 3,500,000 | 3,050,075 | ||
| Austin Convention Enterprises Inc., Convention Center | ||||
| Hotel Revenue: | ||||
| 5.75%, 1/1/2016 | 5,600,000 | 5,926,704 | ||
| 6.70%, 1/1/2028 | 4,000,000 | 4,330,400 | ||
| 5.75%, 1/1/2032 | 2,250,000 | 2,336,220 | ||
| Brazos River Authority, PCR | ||||
| (TXU Energy Co. LLC Project) 6.75%, 10/1/2038 | 1,650,000 | 1,849,353 | ||
| Dallas-Fort Worth International Airport Facilities | ||||
| Improvement Corp., Revenue: | ||||
| (Bombardier Inc.) 6.15%, 1/1/2016 | 2,000,000 | 2,020,580 | ||
| (American Airlines Inc.) | ||||
| 6.375%, 5/1/2035 | 6,630,000 | 4,930,996 | ||
| Harris County Health Facilities Development Corp., HR | ||||
| (Memorial Hermann Hospital System Project) | ||||
| 6.375%, 6/1/2029 | 8,500,000 | 9,452,935 | ||
| Sabine River Authority, PCR (TXU Electric Co. Project) | ||||
| 6.45%, 6/1/2021 | 11,300,000 | 12,140,833 | ||
| Sam Rayburn Municipal Power Agency, Power Supply | ||||
| System Revenue 5.75%, 10/1/2021 | 6,000,000 | 6,719,100 | ||
| Texas Department of Housing and Community Affairs, | ||||
| Collateralized Home Mortgage Revenue 11.88%, 7/2/2024 | 1,800,000 c,d | 1,863,882 | ||
| Texas Turnpike Authority, Central Texas Turnpike | ||||
| System Revenue 5.75%, 8/15/2038 (Insured; AMBAC) | 7,100,000 | 7,994,529 | ||
| Tyler Health Facilities Development Corp., HR | ||||
| (East Texas Medical Center Regional Health Care | ||||
| System Project) 6.75%, 11/1/2025 | 3,000,000 | 3,005,970 | ||
| Utah--.7% | ||||
| Carbon County, SWDR (Sunnyside Cogeneration) | ||||
| 7.10%, 8/15/2023 | 4,027,000 | 4,070,411 | ||
| Vermont--.3% | ||||
| Vermont Housing Finance Agency, Single Family Housing | ||||
| 6.40%, 11/1/2030 (Insured; FSA) | 1,665,000 | 1,680,834 | ||
| Virginia--3.4% | ||||
| Greater Richmond Convention Center Authority, Hotel Tax | ||||
| Revenue (Convention Center Expansion Project) | ||||
| 6.25%, 6/15/2032 | 10,500,000 | 12,109,230 | ||
| Isle Wight County Industrial Development Authority, | ||||
| Solid Waste Disposal Facilities Revenue | ||||
| (Union Camp Corp. Project) 6.55%, 4/1/2024 | 5,000,000 | 5,089,000 | ||
| Tobacco Settlement Financing Corp. | ||||
| 5.625%, 6/1/2037 | 2,500,000 | 2,571,650 | ||
| Washington--3.2% | ||||
| Energy Northwest, Wind Project Revenue 5.875%, 7/1/2020 | 3,000,000 | 3,219,060 | ||
| Public Utility District No. 1 of Pend Orielle County, Electric | ||||
| Revenue 6.375%, 1/1/2015 | 3,755,000 | 3,866,749 | ||
| Seattle, Water System Revenue | ||||
| 6%, 7/1/2029 (Insured; FGIC) | 10,000,000 | 11,050,800 | ||
| West Virginia--3.0% | ||||
| Braxton County, SWDR (Weyerhaeuser Co. Project) | ||||
| 6.125%, 4/1/2026 | 14,000,000 | 14,708,400 | ||
| West Virginia Water Development Authority, Water | ||||
| Development Revenue 6.375%, 7/1/2039 | 2,250,000 | 2,548,485 | ||
| Wisconsin--5.7% | ||||
| Badger Tobacco Asset Securitization Corp., Tobacco | ||||
| Settlement Revenue 7%, 6/1/2028 | 22,995,000 | 25,942,499 | ||
| Madison, IDR | ||||
| (Madison Gas & Electric Co.) 5.875%, 10/1/2034 | 2,390,000 | 2,619,990 | ||
| Wisconsin Health and Educational Facilities Authority, Health, | ||||
| Hospital and Nursing Home Revenue | ||||
| (Aurora Health Care Inc.) 6.40%, 4/15/2033 | 4,000,000 | 4,479,720 | ||
| U. S. Related--1.4% | ||||
| Guam Housing Corp., SFMR | ||||
| 5.75%, 9/1/2031 (Collateralized; FHLMC | 965,000 | 1,108,611 | ||
| Puerto Rico Highway and Transportation Authority, | ||||
| Transportation Revenue | ||||
| 6%, 7/1/2039 (Prerefunded 7/1/2010) | 6,000,000 b | 6,844,560 | ||
| Total Investments | ||||
| (cost$ 793,508,235) | 148.4% | 853,998,982 | ||
| CASH AND RECEIVABLES (NET) | 1.1% | 6,284,609 | ||
| Preferred Stock, at Redemption Value | -49.5% | (285,000,000) | ||
| NET ASSETS | 100.0% | 575,283,591 | ||
| Notes to Statement of Investments: |
| a Non-Income producing security - interest payment in default. |
| b Bonds which are prerefunded are collateralized by U.S. Government securities |
| which are held in escrow and are used to pay principal and interest on the municipal |
| issue and to retire the bonds in full at the earliest refunding date |
| c Inverse floater security-the interest rate is subject to change periodically |
| d 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 June 30, 2005 these securities |
| amounted to $22,480,612, 3.9% of net assets |
| e Securities valuation policies and other investment related disclosures are hereby |
| incorporated by reference 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 Strategic Municipals, Inc.
| By: | /s/ Stephen E. Canter | |
|
|
||
| Stephen E. Canter | ||
| President | ||
| Date: | August 10, 2005 |
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/ Stephen E. Canter | |
|
|
||
| Stephen E. Canter | ||
| Chief Executive Officer | ||
| Date: | August 10, 2005 | |
| By: | /s/ James Windels | |
|
|
||
| James Windels | ||
| Chief Financial Officer | ||
| Date: | August 10, 2005 | |
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)