0000797923-17-000010.txt : 20170629 0000797923-17-000010.hdr.sgml : 20170629 20170629160348 ACCESSION NUMBER: 0000797923-17-000010 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20170430 FILED AS OF DATE: 20170629 DATE AS OF CHANGE: 20170629 EFFECTIVENESS DATE: 20170629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DREYFUS MUNICIPAL BOND OPPORTUNITY FUND CENTRAL INDEX KEY: 0000797923 IRS NUMBER: 000000000 STATE OF INCORPORATION: NY FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-04764 FILM NUMBER: 17938336 BUSINESS ADDRESS: STREET 1: 200 PARK AVENUE STREET 2: THE DREYFUS CORPORATION CITY: NEW YORK STATE: NY ZIP: 10166 BUSINESS PHONE: 2129226400 MAIL ADDRESS: STREET 1: C/O DREYFUS CORP STREET 2: 200 PARK AVENUE, 7TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10166 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS PREMIER MUNICIPAL BOND FUND DATE OF NAME CHANGE: 19970605 FORMER COMPANY: FORMER CONFORMED NAME: PREMIER MUNICIPAL BOND FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PREMIER TAX EXEMPT BOND FUND DATE OF NAME CHANGE: 19900916 0000797923 S000000090 DREYFUS MUNICIPAL BOND OPPORTUNITY FUND C000000131 Class A PTEBX C000000133 Class C DMBCX C000001400 Class Z DMBZX C000173299 Class Y DMBYX C000173300 Class I DMBVX C000187829 Class T DMOTX NSAR-B 1 answer.fil ANNUAL NSAR PAGE 1 000 B000000 04/30/2017 000 C000000 0000797923 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 U 001 A000000 DREYFUS MUNICIPAL BOND OPPORTUNITY FUND 001 B000000 811-04764 001 C000000 4122342057 002 A000000 200 PARK AVENUE 002 B000000 NEW YORK 002 C000000 NY 002 D010000 10166 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 014 A000001 BNY MELLON CAPITAL MARKETS, LLC 014 B000001 8-35255 014 A000002 CONVERGEX EXECUTION SOLUTIONS LLC 014 B000002 8-46838 014 A000003 CONVERGEX PRIME SERVICES LLC 014 B000003 8-67289 014 A000004 CUTWATER ASSET MANAGEMENT CORPORATION 014 B000004 8-47662 014 A000005 G-TRADE SERVICES LLC 014 B000005 8-67304 014 A000006 HEDGEMARK SECURITIES LLC 014 B000006 8-69106 014 A000007 LIQUIDPOINT, LLC 014 B000007 8-51850 014 A000008 MBSC SECURITIES CORPORATION 014 B000008 8-13801 014 A000009 PERSHING ADVISOR SOLUTIONS LLC 014 B000009 8-47425 014 A000010 PERSHING LLC 014 B000010 8-17574 014 A000011 WESTMINSTER RESEARCH ASSOCIATES LLC 014 B000011 8-28900 014 A000012 AMHERST PIERPONT SECURITIES LLC 014 B000012 8-68282 020 C000001 0 020 C000002 0 020 C000003 0 020 C000004 0 020 C000005 0 PAGE 2 020 C000006 0 020 C000007 0 020 C000008 0 020 C000009 0 020 C000010 0 021 000000 0 022 A000001 J.P. 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CO. OF PITTSBURGH, PA 080 B000000 FEDERAL INSURANCE COMPANY 080 C000000 100000 081 A000000 Y 081 B000000 160 082 A000000 N 082 B000000 0 083 A000000 N 083 B000000 0 084 A000000 N 084 B000000 0 085 A000000 Y 085 B000000 N SIGNATURE NATALYA ZELENSKY TITLE VP & ASST SECRETARY EX-99.77B ACCT LTTR 2 eyconsent022-62017.htm ACCOUNTANT'S REPORT ON INTERNAL CONTROL eyconsent022-62017.htm - Generated by SEC Publisher for SEC Filing

 

 

 

 

 

Report of Independent Registered Public Accounting Firm

 

 

To the Shareholders and Board of Trustees of

   Dreyfus Municipal Bond Opportunity Fund

 

In planning and performing our audit of the financial statements of Dreyfus Municipal Bond Opportunity Fund (the “Company”) as of and for the year ended April 30, 2017, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Company’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion. 

 

The management of the Company is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.

 

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

 

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.

 

Our consideration of the Company’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Company’s internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of April 30, 2017.

 

This report is intended solely for the information and use of management and the Board of Trustees of Dreyfus Municipal Bond Opportunity Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

 

 

/s/ ERNST & YOUNG LLP

 

 

New York, New York

June 27, 2017

EX-99.77I NEW SECUR 3 item77q1a.htm TERMS OF NEW OR AMENDED SECURITIES item77q1a.htm - Generated by SEC Publisher for SEC Filing

Sub-Item 77I, 77Q1(a) and 77Q1(d)

 

 

 

DREYFUS MUNICIPAL BOND OPPORTUNITY FUND

 (the "Fund")

 

At the meeting held on March 2, 2017, the Board of Trustees of the Fund approved the creation of Class T shares, a description of which appears in the documents incorporated by reference below: 

 

1.      The disclosure in the Fund's Class T Prospectus and the disclosure in the Fund's Statement of Additional Information are incorporated by reference to Post-Effective Amendment No. 54 to the Fund's Registration Statement on Form N-1A, filed on March 23, 2017, effective as of March 31, 2017 ("Amendment No. 54").

 

2.      The disclosure in the Supplement to the Fund's Class T Prospectus dated March 31, 2017 filed on March 31, 2017 pursuant to Rule 497(e) under the Securities Act of 1933, as amended

 

3.      The Fund's Certificate of Amendment, incorporated by reference to Exhibit (a)(iv) of Amendment No. 54.

 

4.      The Fund's Rule 18f-3 Plan, incorporated by reference to Exhibit (n)(i) of Amendment No. 54.

 

 

EX-99.77Q1 OTHR EXHB 4 subitem77i.htm EX-99.77Q1(A) subitem77i.htm - Generated by SEC Publisher for SEC Filing

Sub-Item 77I, 77Q1(a) and 77Q1(d)

 

 

 

DREYFUS MUNICIPAL BOND OPPORTUNITY FUND

 (the "Fund")

 

At the meeting held on March 2, 2017, the Board of Trustees of the Fund approved the creation of Class T shares, a description of which appears in the documents incorporated by reference below: 

 

1.      The disclosure in the Fund's Class T Prospectus and the disclosure in the Fund's Statement of Additional Information are incorporated by reference to Post-Effective Amendment No. 54 to the Fund's Registration Statement on Form N-1A, filed on March 23, 2017, effective as of March 31, 2017 ("Amendment No. 54").

 

2.      The disclosure in the Supplement to the Fund's Class T Prospectus dated March 31, 2017 filed on March 31, 2017 pursuant to Rule 497(e) under the Securities Act of 1933, as amended

 

3.      The Fund's Certificate of Amendment, incorporated by reference to Exhibit (a)(iv) of Amendment No. 54.

 

4.      The Fund's Rule 18f-3 Plan, incorporated by reference to Exhibit (n)(i) of Amendment No. 54.

 

 


 

 

Sub-Item 77I & 77Q1(d)

Terms of new or amended securities

 

Dreyfus Municipal Bond Opportunity fund

 (the "Fund")

Effective on or about April 11, 2017, the Board of Trustees of the Fund approved a proposal that provides that Class I shares of the Fund also may be purchased by U.S.-based employees of The Bank of New York Mellon Corporation, board members of The Dreyfus Corporation and board members of funds in the Dreyfus Family of Funds, and the spouse, domestic partner or minor child of any of the foregoing, subject to certain conditions described in the Fund's Prospectus or Statement of Additional Information, and provided that such Class I shares are purchased directly through the Fund's distributor.

A revised Rule 18f-3 Plan was filed with the Securities and Exchange Commission on March 23, 2017 as Exhibit (n)(i) to Post-Effective Amendment No. 54 to the Fund's Registration Statement and is incorporated herein by reference.

 


 

Sub-Item 77I & 77Q1(d)

Terms of new or amended securities

 

 

Dreyfus municipal bond opportunity fund

 (the "Fund")

Effective April 10, 2017, the Board of Trustees of the Fund approved the following proposals:

·         A proposal for certain front-end sales charge reductions on Class A shares of the Fund purchased through an omnibus account maintained with Merrill Lynch;

·         A proposal for certain front-end sales charge waivers on Class A shares of the Fund purchased through an omnibus account maintained with Merrill Lynch; and

·         A proposal for certain contingent deferred sales charge waivers on Class A and Class C shares of the Fund purchased through an omnibus account maintained with Merrill Lynch.

These changes were reflected in a Supplement to the Fund's Prospectus, filed with the Securities and Exchange Commission (the "SEC") on April 6, 2017 pursuant to Rule 497(e) under the Securities Act of 1933, as amended. 

A revised Rule 18f-3 Plan was filed with the SEC on March 23, 2017 as Exhibit (n)(i) to Post-Effective Amendment No. 54 to the Fund's Registration Statement and is incorporated herein by reference.

EX-99.77P EXMPT INFO 5 subitem77q1d.htm EX-99.77Q1(B) subitem77q1d.htm - Generated by SEC Publisher for SEC Filing

Sub-Item 77I, 77Q1(a) and 77Q1(d)

 

 

 

DREYFUS MUNICIPAL BOND OPPORTUNITY FUND

 (the "Fund")

 

At the meeting held on March 2, 2017, the Board of Trustees of the Fund approved the creation of Class T shares, a description of which appears in the documents incorporated by reference below: 

 

1.      The disclosure in the Fund's Class T Prospectus and the disclosure in the Fund's Statement of Additional Information are incorporated by reference to Post-Effective Amendment No. 54 to the Fund's Registration Statement on Form N-1A, filed on March 23, 2017, effective as of March 31, 2017 ("Amendment No. 54").

 

2.      The disclosure in the Supplement to the Fund's Class T Prospectus dated March 31, 2017 filed on March 31, 2017 pursuant to Rule 497(e) under the Securities Act of 1933, as amended

 

3.      The Fund's Certificate of Amendment, incorporated by reference to Exhibit (a)(iv) of Amendment No. 54.

 

4.      The Fund's Rule 18f-3 Plan, incorporated by reference to Exhibit (n)(i) of Amendment No. 54.

 

 


 

 

Sub-Item 77I & 77Q1(d)

Terms of new or amended securities

 

Dreyfus Municipal Bond Opportunity fund

 (the "Fund")

Effective on or about April 11, 2017, the Board of Trustees of the Fund approved a proposal that provides that Class I shares of the Fund also may be purchased by U.S.-based employees of The Bank of New York Mellon Corporation, board members of The Dreyfus Corporation and board members of funds in the Dreyfus Family of Funds, and the spouse, domestic partner or minor child of any of the foregoing, subject to certain conditions described in the Fund's Prospectus or Statement of Additional Information, and provided that such Class I shares are purchased directly through the Fund's distributor.

A revised Rule 18f-3 Plan was filed with the Securities and Exchange Commission on March 23, 2017 as Exhibit (n)(i) to Post-Effective Amendment No. 54 to the Fund's Registration Statement and is incorporated herein by reference.

 


 

Sub-Item 77I & 77Q1(d)

Terms of new or amended securities

 

 

Dreyfus municipal bond opportunity fund

 (the "Fund")

Effective April 10, 2017, the Board of Trustees of the Fund approved the following proposals:

·         A proposal for certain front-end sales charge reductions on Class A shares of the Fund purchased through an omnibus account maintained with Merrill Lynch;

·         A proposal for certain front-end sales charge waivers on Class A shares of the Fund purchased through an omnibus account maintained with Merrill Lynch; and

·         A proposal for certain contingent deferred sales charge waivers on Class A and Class C shares of the Fund purchased through an omnibus account maintained with Merrill Lynch.

These changes were reflected in a Supplement to the Fund's Prospectus, filed with the Securities and Exchange Commission (the "SEC") on April 6, 2017 pursuant to Rule 497(e) under the Securities Act of 1933, as amended. 

A revised Rule 18f-3 Plan was filed with the SEC on March 23, 2017 as Exhibit (n)(i) to Post-Effective Amendment No. 54 to the Fund's Registration Statement and is incorporated herein by reference.