formnq852
    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 811-5877 
 
DREYFUS STRATEGIC MUNICIPAL BOND FUND, 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:    11/30 
 
Date of reporting period:    2/28/05 
 
 
 
 
SSL-DOCS2 70180139v2     

FORM N-Q

Item 1.    Schedule of Investments. 

Dreyfus Strategic Municipal Bond Fund, Inc.             
Statement of Investments             
February 28, 2005 (Unaudited)             
    Principal         
Long-Term Municipal Investments--141.4%    Amount ($)        Value ($) 
Alabama--1.0%             
Jefferson County, Limited Obligation             
School Warrant 5.50%, 1/1/2022    4,000,000        4,322,200 
Alaska--4.3%             
Alaska Housing Finance Corp.:             
6.25%, 6/1/2035    5,905,000        6,261,662 
6.05%, 6/1/2039 (Insured; MBIA)    11,915,000        12,393,506 
Arizona--1.5%             
Apache County Industrial Development Authority, PCR         
(Tucson Electric Power Co.) 5.85%, 3/1/2028    2,220,000        2,219,778 
Maricopa County Pollution Control Corp., PCR             
(El Paso Electric Co.) 6.25%, 5/1/2037    4,000,000        4,055,360 
Arkansas--2.1%             
Arkansas Development Finance Authority, SFMR             
6.25%, 1/1/2032    3,550,000        3,657,743 
Little Rock School District             
5.25%, 2/1/2030 (Insured; FSA)    5,000,000        5,313,450 
California--8.2%             
California             
5.50%, 4/1/2028    5,450,000        5,978,487 
California Department of Veteran Affairs,             
Home Purchase Revenue 5.20%, 12/1/2028    5,000,000        5,008,250 
California Department of Water Resources,             
Power Supply Revenue 6%, 5/1/2015    12,500,000        14,448,125 
California Health Facilities Financing Authority, Revenue         
(Cedars-Sinai Medical Center) 6.25%, 12/1/2034    3,750,000        4,092,825 
San Diego Unified School District Crossover             
(Election 1998)             
5.50%, 7/1/2023 (Insured; MBIA)    5,000,000        5,842,850 
Colorado--3.6%             
Colorado Health Facilities Authority, Revenue             
(American Housing Foundation 1, Inc.)    2,015,000        2,035,089 
8.50%, 12/1/2031             
Denver City and County, Special Facilities Airport Revenue         
(United Air Lines) 6.875%, 10/1/2032    2,700,000    a    2,308,500 

Northwest Parkway Public Highway Authority, Revenue             
(First Tier Subordinated) 7.125%, 6/15/2041    5,500,000        5,992,525 
 
Silver Dollar Metropolitan District             
7.05%, 12/1/2030 (Prerefunded; 12/1/2006)    4,825,000    b    5,181,471 
 
Connecticut--4.8%             
 
Connecticut Development Authority, PCR             
(Connecticut Light and Power) 5.95%, 9/1/2028    9,000,000        9,546,480 
 
Connecticut Health and Educational Facilities             
Authority, Revenue (Yale University)             
5%, 7/1/2042    5,000,000        5,166,350 
 
Connecticut Resource Recovery Authority             
(American Refunding-Fuel Company)             
6.45%, 11/15/2022    4,985,000        5,049,306 
 
Mohegan Tribe Indians Gaming Authority,             
Public Improvement-Priority Distribution             
6.25%, 1/1/2031    1,000,000        1,059,170 
 
District of Columbia--1.3%             
 
Metropolitan Washington Airports Authority,             
Special Facilities Revenue             
(Caterair International Corp.) 10.125%, 9/1/2011    5,420,000        5,427,696 
 
Florida--4.2%             
 
Florida Housing Finance Corp., Housing Revenue             
(Seminole Ridge Apartments)             
6%, 4/1/2041 (Collateralized; GNMA)    6,415,000        6,713,233 
 
Miami-Dade County Expressway Authority,             
Toll System Revenue             
5.125%, 7/1/2029 (Insured; FGIC)    4,000,000        4,191,520 
 
Orange County Health Facilities Authority, Revenue:             
(Adventist Health System) 6.25%, 11/15/2024    3,000,000        3,321,420 
(Orlando Regional Healthcare System) 6%, 10/1/2026    3,500,000        3,703,350 
 
Georgia--2.0%             
 
Agusta Airport Revenue             
5.45%, 1/1/2031    2,500,000        2,514,175 
 
Atlanta Airport Revenue             
5.25%, 1/1/2025 (Insured; FSA)    3,000,000        3,171,060 
 
Savannah Economic Development Authority,             
Environmental Improvement Revenue             
(International Paper Company) 6.20%, 8/1/2027    2,670,000        2,866,165 
 
Idaho--.2%             
 
Idaho Housing & Finance Association, SFMR             
6.35%, 1/1/2030 (Collateralized; FNMA)    715,000        750,886 

Illinois--7.4%             
 
Chicago O'Hare International Airport:             
General Airport Revenue (3rd Lien B-2)             
6%, 1/1/2029 (Insured; XLCA)    5,000,000        5,617,450 
Special Facility Revenue             
(American Airlines Incorporated)             
8.20%, 12/1/2024    5,000,000        4,203,900 
 
Illinois Educational Facilities Authority Revenues             
(University of Chicago)             
5.125%, 7/1/2038 (Insured; MBIA)    5,000,000        5,140,800 
 
Illinois Health Facilities Authority, Revenue:             
(Advocate Network Health Care) 6.125%, 11/15/2022    5,000,000        5,579,450 
(OSF Healthcare Systems) 6.25%, 11/15/2029    10,900,000        11,568,279 
 
Indiana--1.6%             
 
Franklin Township School Building Corp.             
6.125%, 1/15/2022 (Prerefunded 7/15/2010)    6,000,000    b    6,991,320 
 
Kansas--1.7%             
 
Wyandotte County Kansas City,             
Unified Government Utility Systems Revenue             
5.65%, 9/1/2022 (Insured; AMBAC)    6,365,000        7,439,094 
 
Louisiana--2.5%             
 
Parish of De Soto, Environmental Improvement             
Revenue (International Paper Co.)    2,900,000        2,984,709 
6.55%, 4/1/2019             
 
West Feliciana Parish, PCR (Entergy Gulf States):             
7%, 11/1/2015    3,000,000        3,055,320 
6.60%, 9/1/2028    4,700,000        4,783,049 
 
Maryland--1.2%             
 
Maryland Economic Development Corp.,             
Student Housing Revenue (University of Maryland)             
5.75%, 10/1/2033    2,550,000        2,669,442 
 
Maryland Industrial Development Financing             
Authority, EDR (Medical Waste Associates             
Limited Partnership) 8.75%, 11/15/2010    3,710,000    a    2,596,110 
 
Massachusetts--4.4%             
 
Massachusetts Bay Transportation Authority,             
Massachusetts Sales Tax Revenue 5%, 7/1/2035    7,000,000        7,179,200 
 
Massachusetts Development Finance Agency Revenue             
(WGBH Educational Foundation)             
5.375%, 1/1/2042 (Insured; AMBAC)    5,750,000        6,112,768 
 
Massachusetts Health and Educational Facilities             
Authority, Revenue:             

(Civic Investments) 9%, 12/15/2015    2,000,000        2,316,680 
(Partners Healthcare System) 5.75%, 7/1/2032    3,000,000        3,287,280 
 
Michigan--2.9%             
 
Michigan Hospital Finance Authority, HR             
(Genesys Health System Obligated Group)             
8.125%, 10/1/2021 (Prerefunded 10/1/2005)    5,000,000    b    5,268,750 
 
Michigan Strategic Fund, SWDR             
(Genesee Power Station) 7.50%, 1/1/2021    7,450,000        7,083,684 
 
Mississippi--.7%             
 
Mississippi Business Finance Corporation, PCR             
(Systems Energy Resources, Inc.) 5.90%, 5/1/2022    3,160,000        3,198,489 
 
Nebraska--.6%             
 
Nebraska Investment Finance Authority, SFMR             
9.845%, 3/1/2026    2,150,000    c,d    2,444,464 
 
Nevada--3.3%             
 
Washoe County:             
(Reno-Sparks Convention) 6.40%, 7/1/2029             
(Insured; FSA) (Prerefunded 1/1/2010)    8,000,000    b    9,203,280 
Water Facility Revenue (Sierra Pacific Power Co.)             
5%, 3/1/2036    5,000,000        5,092,300 
 
New Hampshire--3.5%             
 
New Hampshire Business Finance Authority, PCR             
(Public Service Co.):             
6%, Series D 5/1/2021 (Insured; MBIA)    2,690,000        2,943,156 
6%, Series E 5/1/2021 (Insured; MBIA)    6,000,000        6,564,660 
 
New Hampshire Industrial Development Authority, PCR         
(Connecticut Light) 5.90%, 11/1/2016    5,400,000        5,539,860 
 
New Jersey--3.7%             
 
New Jersey Economic Development Authority             
Special Facilities Revenue (Continental Airlines, Inc.):         
6.25%, 9/15/2019    3,620,000        3,044,239 
6.25%, 9/15/2029    2,500,000        1,990,225 
 
Tobacco Settlement Financing Corporation             
7%, 6/1/2041    10,095,000        10,842,131 
 
New Mexico--1.0%             
 
New Mexico Finance Authority             
Transportation Revenue             
5.25%, 6/15/2020 (Insured; MBIA)    4,000,000        4,392,920 
 
New York--4.6%             
 
New York City 5.75%, 8/1/2014    5,000,000        5,603,500 

New York City Transitional Finance Authority, Revenue         
(Future Tax Secured) 5.375%, 11/15/2021    5,000,000        5,510,700 
 
New York State Dormitory Authority, Revenue:             
(Consolidated City University Systems)             
5.50%, 7/1/2017 (Prerefunded; 7/1/2011)    3,060,000    b    3,439,440 
(Marymount Manhattan College)             
6.25%, 7/1/2029 (Insured; Radian)    4,000,000        4,476,280 
(Suffolk County Judicial Facility)             
9.50%, 4/15/2014    605,000        866,003 
 
North Carolina--.6%             
 
North Carolina Eastern Municipal Power Agency,             
Power Systems Revenue 6.70%, 1/1/2019    2,500,000        2,804,475 
 
Ohio--6.3%             
 
Cuyahoga County, HR (Metrohealth Systems)             
6.15%, 2/15/2029    10,000,000        10,482,100 
 
Cuyahoga County Hospital Facilities, Revenue             
(UHHS/CSAHS Cuyahoga Inc. &             
CSAHS/UHHS Canton Inc.) 7.50%, 1/1/2030    3,500,000        3,949,855 
 
Mahoning County Hospital Facilities, Revenue             
(Forum Health Obligation Group)             
6%, 11/15/2032    4,000,000        4,281,160 
 
Ohio Air Quality Development Authority, PCR             
(Cleveland Electric Illuminating Co.)             
6.10%, 8/1/2020    2,400,000        2,525,064 
 
Ohio Housing Finance Agency, Mortgage Revenue             
9.990%, 3/1/2029 (Collateralized; GNMA)    1,465,000    c,d    1,567,975 
 
Ohio Water Development Authority, PCR             
(Cleveland Electric) 6.10%, 8/1/2020    4,000,000        4,208,440 
 
Oklahoma--4.1%             
 
Oklahoma Development Finance Authority, Revenue         
(St. John Health System) 6%, 2/15/2029    9,000,000        9,852,840 
 
Oklahoma Industries Authority, Health System             
Revenue (Obligation Group)             
5.75%, 8/15/2029 (Insured; MBIA)    5,000,000        5,521,400 
 
Tulsa Municipal Airport Trust Revenue             
(American Airlines Project)             
5.65%, 12/1/2035    2,550,000        2,417,528 
 
Oregon--1.4%             
 
Umatilla County Hospital Facility Authority, Revenue         
(Catholic Health Initiatives):             
5.50%, 3/1/2022    1,355,000        1,517,708 
5.50%, 3/1/2022    1,040,000        1,125,280 
 
Western Generation Agency,             

Cogeneration Project Revenue             
(Wauna Cogeneration) 7.40%, 1/1/2016    3,250,000        3,332,518 
 
Pennsylvania--2.9%             
 
Allegheny County Port Authority, Special Transportation             
Revenue 6.125%, 3/1/2029             
(Insured; MBIA) (Prerefunded 3/1/2009)    4,750,000    b    5,369,020 
 
Pennsylvania Economic Development Financing             
Authority, Exempt Facilities Revenue (Reliant Energy):         
6.75%, Ser. A 12/1/2036    2,500,000        2,674,925 
6.75%, Ser. B 12/1/2036    4,000,000        4,279,880 
 
Pennsylvania Housing Finance Agency,             
Multi-Family Development Revenue             
8.25%, 12/15/2019    261,000        261,699 
 
Rhode Island--1.5%             
 
Rhode Island Health & Educational Building             
Corporation Higher Educational Facilities             
(University of Rhode Island)             
5.875%, 9/15/2029 (Insured; MBIA)    5,910,000        6,585,277 
 
South Carolina--6.0%             
 
Greenville County School District             
Installment Purchase Revenue             
(Residuals-Series 982) 8.71%, 12/1/2028    5,000,000    c,d    5,766,550 
 
Greenville Hospital System, Hospital Facilities Revenue             
5.50%, 5/1/2026 (Insured; AMBAC)    7,000,000        7,703,780 
 
Richland County, Environmental Improvement Revenue             
(International Paper Company) 6.10%, 4/1/2023    6,500,000        6,990,945 
 
South Carolina Medical Facilities, Hospital Facilities             
Revenue 6%, 7/1/2019 (Prerefunded 7/1/2009)    5,000,000    b    5,651,150 
 
Tennessee--3.9%             
 
Johnson City Health and Educational Facilities Board, HR             
(1st Mortgage-Mountain State Health):             
7.50%, 7/1/2025    2,000,000        2,393,740 
7.50%, 7/1/2033    4,875,000        5,784,188 
 
Memphis Center City Revenue Finance Corp.             
Sports Facility Revenue             
(Memphis Redbirds) 6.50%, 9/1/2028    6,000,000        6,061,620 
 
Tennessee Housing Development Agency             
(Homeownership Program):             
6%, 1/1/2028    2,415,000        2,436,035 
6.40%, 7/1/2031    305,000        313,702 
 
Texas--22.9%             
 
Alliance Airport Authority, Special Facilities Revenue             
(American Airlines Incorporated Project)             

7.50%, 12/1/2029    5,095,000        3,672,017 
 
Dallas - Fort Worth International Airport:             
Joint Revenue 5.50%, 11/1/2021 (Insured; FSA)    7,000,000        7,610,330 
Facility Improvement Corp. Revenue             
(Bombardier Inc.) 6.15%, 1/1/2016    2,000,000        2,013,280 
 
Gregg County Health Facilities Development             
Corp., HR (Good Shepherd Medical Center)             
6.375%, 10/1/2025    2,500,000        2,841,025 
 
Harris County Health Facilities Development             
Corp., HR (Memorial Hermann Healthcare)             
6.375%, 6/1/2029    7,000,000        7,673,120 
 
Harris County-Houston Sports Authority,             
Revenue (Third Lien-A-3)             
Zero Coupon, 11/15/2031 (Insured; MBIA)    9,685,000        2,293,989 
 
Katy Independent School District             
6.125%, 2/15/2032    11,360,000        12,507,587 
 
Sabine River Authority, PCR (TXU Electric):             
6.45%, 6/1/2021    4,900,000        5,260,395 
5.50%, 5/1/2022    5,490,000        5,944,517 
 
Springhill Courtland Heights Public             
Facility Corp., MFHR 5.85%, 12/1/2028    6,030,000        5,830,467 
 
Texas:             
(Veterans ) 6%, 12/1/2030    3,935,000        4,258,968 
(Veterans Housing Assistance Program)             
6.10%, 6/1/2031    8,510,000        9,129,273 
 
Texas Department of Housing and Community Affairs:         
Collateralized Home Mortgage Revenue             
11.691%, 7/2/2024    2,250,000    c    2,308,792 
Residential Mortgage Revenue             
5.35%, 7/1/2033    5,735,000        5,857,729 
 
Texas Turnpike Authority,             
Central Texas Turnpike System Revenue             
5.25%, 5/15/2042 (Insured; AMBAC)    6,875,000        7,224,043 
 
Tomball Hospital Authority, Revenue:             
6.125%, 7/1/2023    3,680,000        3,705,760 
(Tomball Regional Hospital) 6%, 7/1/2025    4,650,000        4,716,774 
 
Tyler Health Facilities Development Corp., HR             
(East Texas Medical Center Regional Health)             
6.75%, 11/1/2025    5,850,000        5,862,227 
 
Utah--.9%             
 
Carbon County, SWDR (Sunnyside Cogeneration)             
7.10%, 8/15/2023    4,122,000        4,060,252 
 
Virginia--6.5%             
 
Henrico County Economic Development Authority,             

Revenue (Bon Secours Health System)             
5.60%, 11/15/2030    3,140,000        3,300,517 
 
Henrico County Industrial Development Authority,             
Revenue (Bon Secours Health System)             
9.647%, 8/23/2027    7,500,000    c    10,488,675 
 
University of Virginia, University Revenues             
5%, 6/1/2033    4,975,000        5,188,229 
 
Virginia Housing Development Authority,             
Rental Housing 6.20%, 8/1/2024    8,520,000        9,105,580 
 
Washington--3.5%             
 
Energy Northwest, Revenue             
(Wind Project) 6%, 7/1/2023             
(Prerefunded; 1/1/2007)    3,670,000    b    3,989,070 
 
Washington Higher Education Facilities Authority,             
Revenue (Whitman College)             
5.875%, 10/1/2029 (Prerefunded; 10/1/2009)    10,000,000    b    11,240,300 
 
Wisconsin--5.0%             
 
Badger Tobacco Asset Securitization Corp.             
Tobacco Settlement Revenue             
7%, 6/1/2028    14,570,000        15,481,353 
 
Wisconsin Health and Educational Facilities             
Authority, Revenue (Aurora Health Care)             
6.40%, 4/15/2033    5,500,000        6,065,620 
 
Wyoming--3.6%             
 
Sweetwater County, SWDR (FMC Corp.):             
7%, 6/1/2024    2,140,000        2,174,860 
6.90%, 9/1/2024    2,465,000        2,499,534 
 
Wyoming Student Loan Corp.,             
Student Loan Revenue:             
6.20%, 6/1/2024    5,000,000        5,395,000 
6.25%, 6/1/2029    5,000,000        5,359,500 
 
 
Total Long-Term Investments             
(cost $581,418,901)            610,539,201 
 
Short-Term Municipal Investments--2.0%             
 
Alaska--1.1%             
 
Valdez Alaska Marine Terminal Revenue, VRDN             
(Exxon Pipeline Company):             
Project A 1.78%    800,000        800,000 
Project B 1.78%    2,000,000        2,000,000 
Project C 1.78%    2,050,000        2,050,000 
 
Louisiana--.2%             

East Baton Rouge Parish, PCR, VRDN         
(Exxon Project) 1.71%    800,000    800,000 
Rhode Island--.2%         
Rhode Island Industrial Facilities Corp.         
Marine Terminal Revenue, VRDN         
(ExxonMobil Project) 1.78%    1,000,000    1,000,000 
Texas--.5%         
Lower Neches Valley Authority, IDC,         
Exempt Facilities Revenue, VRDN         
(ExxonMobil Project) 1.78%    1,900,000    1,900,000 
Total Short-Term Investments         
(cost $8,550,000)        8,550,000 
 
Total Investments (cost $589,968,901)    143.4%    619,089,201 
Liabilities, Less Cash and Receivables    -0.3%    (1,426,191) 
Preferred Stock, at redemption value    (43.1%)    (186,000,000) 
Net Assets    100.0%    431,663,010 
Notes to Statement of Investments:         

a    Non-income producing security, interest payments 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. These Securities have been deemed to be 
liquid by the Investment Advisor. At February 28, 2005 these securities amounted to $9,778,989 or 2.3% of net assets. 
e    Securities payable on demand. Variable interest rate--subject to periodic change. 
f    Securities valuation policies and other investment related disclosures are hereby incorporated by reference to the annual 
and semi annual reports previously filed with the Securities and Exchange 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.

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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 MUNICIPAL BOND FUND, INC.

By:    /s/ Stephen E. Canter 
    Stephen E. Canter 
    President 
 
Date:    April 20, 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:    April 20, 2005 
 
By:    /s/ James Windels 
James Windels
    Chief Financial Officer 
 
Date:    April 20, 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) 

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