Morningstar Advisor - August/September 2009 - 19

Access to world-class opportunities. Dreyfus International Bond Fund • Focuses on opportunities in foreign developed and emerging markets. Class A (Load waived) Class A: DIBAX • Targets undervalued sectors and securities. • Seeks capital appreciation and income. Morningstar Overall RatingTM as of 5/31/09. Ratings reﬂect risk-adjusted performance and are derived from the weighted average of the fund’s three, ﬁve and 10-year (as applicable) ratings. The fund (load waived and not load waived) received 5 stars for the overall and three-year periods among 182 funds in the Morningstar World Bond category. Load-waived ratings do not reﬂect applicable front-end sales loads and are intended for those investors who have access to such purchase terms (e.g., group retirement plan or wrap fee program participants), and better reﬂect the historical investment experience for investors who do not pay a front-end load. • Managed by investment professionals. Distinctive. Deﬁnitive. Dreyfus. Contact your ﬁnancial advisor. Dreyfus.com | 1-800-334-6899 Investors should consider the investment objectives, risks and expenses of a mutual fund carefully before investing. Call your advisor to obtain a prospectus that contains this and other information about any Dreyfus fund. Read it carefully before investing. Past performance is no guarantee of future results. Share price, yield and investment return ﬂuctuate and an investor’s shares may be worth more or less than the original cost upon redemption. The fund achieved a negative total return for the one-year period ended 3/31/09. Go to www.dreyfus.com for the fund’s most recent performance. Investing internationally involves special risks, including changes in currency exchange rates, political and economic instability, less market liquidity, lack of comprehensive company information, and differing auditing and legal standards. Emerging markets tend to be more volatile than the markets of more mature economies. Bond funds are subject generally to interest rate, credit, liquidity and market risks, to varying degrees. Generally, absent other market factors, bond prices and interest rate changes are inversely related and rate increases can produce price declines. The investment advisor for the fund is The Dreyfus Corporation. Standish Mellon Asset Management investment professionals manage the fund under a dual-employee relationship with Dreyfus. Standish and Dreyfus are afﬁliated BNY Mellon Asset Management companies. BNY Mellon Asset Management is The Bank of New York Mellon Corporation’s umbrella organization for its afﬁliated investment and brokerage ﬁrms. Source: Morningstar Inc. Ratings are calculated using a formula that measures the amount of variation in a fund’s performance, and which give more emphasis to downward variations. Ratings are subject to change every month. The top 10% of the funds in a category receive ﬁve stars, the next 22.5% receive four stars; the next 35% three stars, the next 22.5% two stars and the last 10% one star. Ratings reﬂect sales loads. ©2009 MBSC Securities Corporation, Distributor.
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Morningstar Advisor - August/September 2009

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