Dreyfus Strategic Municipal Bond Fund, Inc. (DSM) Shares Bought by Nuveen Asset Management LLC

Nuveen Asset Management LLC lifted its holdings in shares of Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE:DSM) by 11.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 205,785 shares of the investment management company’s stock after purchasing an additional 20,613 shares during the period. Nuveen Asset Management LLC owned 0.42% of Dreyfus Strategic Municipal Bond Fund worth $1,436,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. CWM LLC bought a new position in shares of Dreyfus Strategic Municipal Bond Fund during the 4th quarter worth approximately $46,000. Stifel Financial Corp acquired a new stake in Dreyfus Strategic Municipal Bond Fund during the 4th quarter worth approximately $80,000. Virtu Financial LLC acquired a new stake in Dreyfus Strategic Municipal Bond Fund during the 4th quarter worth approximately $106,000. Creative Planning lifted its holdings in Dreyfus Strategic Municipal Bond Fund by 15.2% during the 4th quarter. Creative Planning now owns 15,624 shares of the investment management company’s stock worth $109,000 after purchasing an additional 2,060 shares during the last quarter. Finally, Shulman DeMeo Asset Management LLC acquired a new stake in Dreyfus Strategic Municipal Bond Fund during the 4th quarter worth approximately $118,000. Institutional investors own 11.88% of the company’s stock.

NYSE DSM traded up $0.01 during midday trading on Friday, hitting $7.61. The company had a trading volume of 73,268 shares, compared to its average volume of 121,818. Dreyfus Strategic Municipal Bond Fund, Inc. has a twelve month low of $6.79 and a twelve month high of $7.86.

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Friday, April 12th will be issued a dividend of $0.035 per share. The ex-dividend date of this dividend is Thursday, April 11th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.52%.

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About Dreyfus Strategic Municipal Bond Fund

Dreyfus Strategic Municipal Bond Fund, Inc is a closed ended fixed income mutual fund launched and managed by The Dreyfus Corporation. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds which are exempt from federal income tax. The fund seeks to maintain a weighted average maturity of greater than 10 years.

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Institutional Ownership by Quarter for Dreyfus Strategic Municipal Bond Fund (NYSE:DSM)

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