Dreyfus Liquidating AMT-Free MMF
An updated Dreyfus Prospectus Supplement tells us, "The Board of Directors of The Dreyfus/Laurel Funds, Inc. (the "Company") has approved the liquidation of General AMT-Free Municipal Money Market Fund (the "Fund"), a series of the Company, effective on or about October 4, 2017 (the "Liquidation Date"). Accordingly, effective on or about August 31, 2017 (the "Closing Date"), the Fund will be closed to any investments for new accounts, except that new accounts may be established for "sweep accounts" and by participants in group retirement plans if the Fund is established as an investment option under the plans before the Closing Date. The Fund will continue to accept subsequent investments until the Liquidation Date, except that subsequent investments made by check or pursuant to Dreyfus TeleTransfer or Dreyfus Automatic Asset Builder no longer will be accepted after September 20, 2017. However, subsequent investments by Dreyfus-sponsored Individual Retirement Accounts and Dreyfus-sponsored retirement plans (collectively, "Dreyfus Retirement Plans") pursuant to Dreyfus TeleTransfer or Dreyfus Automatic Asset Builder will be accepted after September 20, 2017. Please note that checks presented for payment to the Fund's transfer agent pursuant to the Fund's Checkwriting Privilege on or after the Liquidation Date will not be honored." Another Dreyfus filing tells us, "Effective on or about July 31, 2017, Participant shares of Dreyfus Institutional Preferred Money Market Fund (the "Fund") will no longer be offered by the Fund and will be terminated as a separately designated class of the Fund. Effective on or about September 8, 2017 (the "Effective Date"), the Fund will issue to each holder of its Administrative shares, in exchange for said shares, Hamilton shares of the Fund having an aggregate net asset value equal to the aggregate net asset value of the shareholder's Administrative shares. Thereafter, the Fund will no longer offer its Administrative shares. The Fund reserves the right to no longer offer and terminate its Administrative shares as a separately designated class of the Fund prior to the Effective Date if there are no holders of, or assets in, such class of shares."
