LEO BNY Mellon Strategic Municipals Inc

The following information for Dreyfus Strategic Municipals, Inc. (NYSE: LEO) is as of December 31, 2009 (except as otherwise noted), and is subject to change at any time. All percentages are based on total net assets (except as otherwise noted).

Dreyfus Strategic Municipals, Inc.

Symbol : “LEO”

  As of December 31, 2009            

Portfolio Overview

Sector Distribution (Top Five)

Subject to AMT 17% Health Care 11% Number of Issues 165 Transportation 9% Average maturity 18yrs Electric 7% Effective maturity 8yrs General Obligation 6% Duration 5.45 Housing 6% Average rating* A+

Average coupon

5.85%

State Distribution (Top Five)

Average dollar price $101.159 California 12% Pre-refunded securities 16% Texas 10% Leverage 36% Michigan 7% Wisconsin 5%

Market Summary

Illinois 5% Market price range (52 weeks) $8.11-$5.76 NAV range (52 weeks) $8.52-$6.69

Call Schedule (Through 2014)

Market price $8.08 2010 14% NAV $8.26 2011 4% Premium/(discount) (-2.179) 2012 9% Average daily volume (52 weeks) 85,521 2013 3% Shares outstanding 60.77MM 2014 2% Net assets $786,696,254

Market Yield and Dividend Rate**

Portfolio Quality*

Current market yield 5.81% AAA 38% Current dividend rate $0.049 AA 11% A 21% BBB 19% Below investment grade 11%

 

* The percentages of these ratings arecalculated based on the higher of Standard &Poor's or Moody's for individual issues and on aDreyfus rating for non-rated issues.

**The market yield is calculated by multiplyingthe current market distribution by 12 and dividingby the market price per share of $8.08 as ofDecember 31, 2009. Past Performance is no guaranteeof future performance and price and yield will vary.