DREYFUS LAUREL FUNDS TRUST
NSAR-B, 1999-03-01
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<PAGE>      PAGE  1
000 B000000 12/31/98
000 C000000 0000053808
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 THE DREYFUS/LAUREL FUNDS TRUST
001 B000000 811-524
001 C000000 2129226796
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
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013 A00AA01 KPMG LLP
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013 B03AA01 10145
018  00AA00 Y
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020 A000001 MORGAN STANLEY DEAN WITTER INCORPORATED
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020 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
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<PAGE>      PAGE  2
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<PAGE>      PAGE  3
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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025 A000501 HSBC JAMES CAPEL SECURITIES, INC.
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  12
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SIGNATURE   MICHAEL S. PETRUCELLI                        
TITLE       ASSISTANT TREASURER 
 


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<AVERAGE-NET-ASSETS>                              1175
<PER-SHARE-NAV-BEGIN>                            29.04
<PER-SHARE-NII>                                  (.02)
<PER-SHARE-GAIN-APPREC>                           3.00
<PER-SHARE-DIVIDEND>                             (.01)
<PER-SHARE-DISTRIBUTIONS>                       (2.82)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              29.19
<EXPENSE-RATIO>                                   .018
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000053808
<NAME> THE DREYFUS/LAUREL FUNDS TRUST
<SERIES>
   <NUMBER> 003
   <NAME> DREYFUS CORE VALUE FUND - CLASS C
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                           553312
<INVESTMENTS-AT-VALUE>                          630207
<RECEIVABLES>                                     6876
<ASSETS-OTHER>                                    4817
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  641900
<PAYABLE-FOR-SECURITIES>                          6876
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2034
<TOTAL-LIABILITIES>                               8910
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        550318
<SHARES-COMMON-STOCK>                                7
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                          226
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           5549
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         76897
<NET-ASSETS>                                       195
<DIVIDEND-INCOME>                                10875
<INTEREST-INCOME>                                  759
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    7538
<NET-INVESTMENT-INCOME>                           4096
<REALIZED-GAINS-CURRENT>                         48837
<APPREC-INCREASE-CURRENT>                       (8173)
<NET-CHANGE-FROM-OPS>                            44760
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                          (15)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              8
<NUMBER-OF-SHARES-REDEEMED>                        (1)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         (33928)
<ACCUMULATED-NII-PRIOR>                          (166)
<ACCUMULATED-GAINS-PRIOR>                        15596
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             5951
<INTEREST-EXPENSE>                                   4
<GROSS-EXPENSE>                                   7538
<AVERAGE-NET-ASSETS>                               142
<PER-SHARE-NAV-BEGIN>                            29.04
<PER-SHARE-NII>                                  (.02)
<PER-SHARE-GAIN-APPREC>                           3.00
<PER-SHARE-DIVIDEND>                             (.01)
<PER-SHARE-DISTRIBUTIONS>                       (2.82)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              29.19
<EXPENSE-RATIO>                                   .018
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000053808
<NAME> THE DREYFUS/LAUREL FUNDS TRUST
<SERIES>
   <NUMBER> 004
   <NAME> DREYFUS PREMIER CORE VALUE FUND - CLASS R
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                           553312
<INVESTMENTS-AT-VALUE>                          630207
<RECEIVABLES>                                     6876
<ASSETS-OTHER>                                    4817
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  641900
<PAYABLE-FOR-SECURITIES>                          6876
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2034
<TOTAL-LIABILITIES>                               8910
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        550318
<SHARES-COMMON-STOCK>                               29
<SHARES-COMMON-PRIOR>                               29
<ACCUMULATED-NII-CURRENT>                          226
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           5549
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         76897
<NET-ASSETS>                                       842
<DIVIDEND-INCOME>                                10875
<INTEREST-INCOME>                                  759
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    7538
<NET-INVESTMENT-INCOME>                           4096
<REALIZED-GAINS-CURRENT>                         48837
<APPREC-INCREASE-CURRENT>                       (8173)
<NET-CHANGE-FROM-OPS>                            44760
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          (7)
<DISTRIBUTIONS-OF-GAINS>                          (79)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              9
<NUMBER-OF-SHARES-REDEEMED>                       (12)
<SHARES-REINVESTED>                                  3
<NET-CHANGE-IN-ASSETS>                         (33928)
<ACCUMULATED-NII-PRIOR>                          (166)
<ACCUMULATED-GAINS-PRIOR>                        15596
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             5951
<INTEREST-EXPENSE>                                   4
<GROSS-EXPENSE>                                   7538
<AVERAGE-NET-ASSETS>                               903
<PER-SHARE-NAV-BEGIN>                            30.11
<PER-SHARE-NII>                                    .26
<PER-SHARE-GAIN-APPREC>                           1.95
<PER-SHARE-DIVIDEND>                             (.25)
<PER-SHARE-DISTRIBUTIONS>                       (2.82)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              29.25
<EXPENSE-RATIO>                                   .009
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000053808
<NAME> THE DREYFUS/LAUREL FUNDS TRUST
<SERIES>
   <NUMBER> 005
   <NAME> DREYFUS PREMIER CORE VALUE FUND - INSTITUTIONAL SHARES
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                           553312
<INVESTMENTS-AT-VALUE>                          630207
<RECEIVABLES>                                     6876
<ASSETS-OTHER>                                    4817
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  641900
<PAYABLE-FOR-SECURITIES>                          6876
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2034
<TOTAL-LIABILITIES>                               8910
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        550318
<SHARES-COMMON-STOCK>                             2533
<SHARES-COMMON-PRIOR>                             2672
<ACCUMULATED-NII-CURRENT>                          226
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           5549
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         76897
<NET-ASSETS>                                     74057
<DIVIDEND-INCOME>                                10875
<INTEREST-INCOME>                                  759
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    7538
<NET-INVESTMENT-INCOME>                           4096
<REALIZED-GAINS-CURRENT>                         48837
<APPREC-INCREASE-CURRENT>                       (8173)
<NET-CHANGE-FROM-OPS>                            44760
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (528)
<DISTRIBUTIONS-OF-GAINS>                        (6909)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            233
<NUMBER-OF-SHARES-REDEEMED>                      (612)
<SHARES-REINVESTED>                                240
<NET-CHANGE-IN-ASSETS>                         (33928)
<ACCUMULATED-NII-PRIOR>                          (166)
<ACCUMULATED-GAINS-PRIOR>                        15596
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             5951
<INTEREST-EXPENSE>                                   4
<GROSS-EXPENSE>                                   7538
<AVERAGE-NET-ASSETS>                             77926
<PER-SHARE-NAV-BEGIN>                            30.10
<PER-SHARE-NII>                                    .22
<PER-SHARE-GAIN-APPREC>                           1.95
<PER-SHARE-DIVIDEND>                             (.21)
<PER-SHARE-DISTRIBUTIONS>                       (2.82)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              29.24
<EXPENSE-RATIO>                                   .011
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000053808
<NAME> THE DREYFUS/LAUREL FUNDS TRUST
<SERIES>
   <NUMBER> 006
   <NAME> DREYFUS PREMIER LTD TERM HIGH INCOME FUND - CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                           950387
<INVESTMENTS-AT-VALUE>                          885519
<RECEIVABLES>                                    27102
<ASSETS-OTHER>                                       0
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<PAYABLE-FOR-SECURITIES>                          5156
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<TOTAL-LIABILITIES>                               9763
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        984371
<SHARES-COMMON-STOCK>                            12988
<SHARES-COMMON-PRIOR>                             5272
<ACCUMULATED-NII-CURRENT>                         1000
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<ACCUMULATED-NET-GAINS>                        (17644)
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<ACCUM-APPREC-OR-DEPREC>                       (64868)
<NET-ASSETS>                                    147131
<DIVIDEND-INCOME>                                 1434
<INTEREST-INCOME>                                67950
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<EXPENSES-NET>                                    9536
<NET-INVESTMENT-INCOME>                          59848
<REALIZED-GAINS-CURRENT>                       (17497)
<APPREC-INCREASE-CURRENT>                      (62389)
<NET-CHANGE-FROM-OPS>                          (20038)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (10383)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          10557
<NUMBER-OF-SHARES-REDEEMED>                     (3365)
<SHARES-REINVESTED>                                524
<NET-CHANGE-IN-ASSETS>                          571474
<ACCUMULATED-NII-PRIOR>                              3
<ACCUMULATED-GAINS-PRIOR>                        (147)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             4630
<INTEREST-EXPENSE>                                 117
<GROSS-EXPENSE>                                   9536
<AVERAGE-NET-ASSETS>                            110625
<PER-SHARE-NAV-BEGIN>                            12.46
<PER-SHARE-NII>                                  1.150
<PER-SHARE-GAIN-APPREC>                        (1.140)
<PER-SHARE-DIVIDEND>                           (1.140)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.33
<EXPENSE-RATIO>                                   .010
<AVG-DEBT-OUTSTANDING>                            1977
<AVG-DEBT-PER-SHARE>                              .036
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000053808
<NAME> THE DREYFUS/LAUREL FUNDS TRUST
<SERIES>
   <NUMBER> 007
   <NAME> DREYFUS PREMIER LTD TERM HIGH INCOME FUND - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                           950387
<INVESTMENTS-AT-VALUE>                          885519
<RECEIVABLES>                                    27102
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  912621
<PAYABLE-FOR-SECURITIES>                          5156
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         4607
<TOTAL-LIABILITIES>                               9763
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        984371
<SHARES-COMMON-STOCK>                            48685
<SHARES-COMMON-PRIOR>                            15894
<ACCUMULATED-NII-CURRENT>                         1000
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (17644)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       (64868)
<NET-ASSETS>                                    551415
<DIVIDEND-INCOME>                                 1434
<INTEREST-INCOME>                                67950
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<EXPENSES-NET>                                    9536
<NET-INVESTMENT-INCOME>                          59848
<REALIZED-GAINS-CURRENT>                       (17497)
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<NET-CHANGE-FROM-OPS>                          (20038)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (35301)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          36143
<NUMBER-OF-SHARES-REDEEMED>                     (4117)
<SHARES-REINVESTED>                                765
<NET-CHANGE-IN-ASSETS>                          571474
<ACCUMULATED-NII-PRIOR>                              3
<ACCUMULATED-GAINS-PRIOR>                        (147)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             4630
<INTEREST-EXPENSE>                                 117
<GROSS-EXPENSE>                                   9536
<AVERAGE-NET-ASSETS>                            398057
<PER-SHARE-NAV-BEGIN>                            12.46
<PER-SHARE-NII>                                  1.090
<PER-SHARE-GAIN-APPREC>                        (1.140)
<PER-SHARE-DIVIDEND>                           (1.080)
<PER-SHARE-DISTRIBUTIONS>                           0
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                              11.33
<EXPENSE-RATIO>                                   .015
<AVG-DEBT-OUTSTANDING>                            1977
<AVG-DEBT-PER-SHARE>                              .036
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000053808
<NAME> THE DREYFUS/LAUREL FUNDS TRUST
<SERIES>
   <NUMBER> 008
   <NAME> DREYFUS PREMIER LTD TERM HIGH INCOME FUND - CLASS C
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                           950387
<INVESTMENTS-AT-VALUE>                          885519
<RECEIVABLES>                                    27102
<ASSETS-OTHER>                                       0
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<TOTAL-ASSETS>                                  912621
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        984371
<SHARES-COMMON-STOCK>                            18020
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<ACCUMULATED-NII-CURRENT>                         1000
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<DIVIDEND-INCOME>                                 1434
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<REALIZED-GAINS-CURRENT>                       (17497)
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (13155)
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<NUMBER-OF-SHARES-SOLD>                          15092
<NUMBER-OF-SHARES-REDEEMED>                     (2814)
<SHARES-REINVESTED>                                328
<NET-CHANGE-IN-ASSETS>                          571474
<ACCUMULATED-NII-PRIOR>                              3
<ACCUMULATED-GAINS-PRIOR>                        (147)
<OVERDISTRIB-NII-PRIOR>                              0
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<INTEREST-EXPENSE>                                 117
<GROSS-EXPENSE>                                   9536
<AVERAGE-NET-ASSETS>                            152687
<PER-SHARE-NAV-BEGIN>                            12.47
<PER-SHARE-NII>                                  1.060
<PER-SHARE-GAIN-APPREC>                        (1.150)
<PER-SHARE-DIVIDEND>                           (1.050)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.33
<EXPENSE-RATIO>                                   .017
<AVG-DEBT-OUTSTANDING>                            1977
<AVG-DEBT-PER-SHARE>                              .036
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000053808
<NAME> THE DREYFUS/LAUREL FUNDS TRUST
<SERIES>
   <NUMBER> 009
   <NAME> DREYFUS PREMIER LTD TERM HIGH INCOME FUND - CLASS R
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                           950387
<INVESTMENTS-AT-VALUE>                          885519
<RECEIVABLES>                                    27102
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        984371
<SHARES-COMMON-STOCK>                               11
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<ACCUMULATED-NII-CURRENT>                         1000
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<DISTRIBUTIONS-OF-INCOME>                         (12)
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<ACCUMULATED-GAINS-PRIOR>                        (147)
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<GROSS-ADVISORY-FEES>                             4630
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<GROSS-EXPENSE>                                   9536
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<PER-SHARE-NAV-BEGIN>                            12.45
<PER-SHARE-NII>                                  1.250
<PER-SHARE-GAIN-APPREC>                        (1.210)
<PER-SHARE-DIVIDEND>                           (1.170)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.33
<EXPENSE-RATIO>                                   .007
<AVG-DEBT-OUTSTANDING>                            1977
<AVG-DEBT-PER-SHARE>                              .036
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000053808
<NAME> THE DREYFUS/LAUREL FUNDS TRUST
<SERIES>
   <NUMBER> 010
   <NAME> DREYFUS PREMIER MANAGED INCOME FUND - CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
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<ACCUMULATED-NII-CURRENT>                         (71)
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<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         (418)
<NET-ASSETS>                                     71902
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<NUMBER-OF-SHARES-REDEEMED>                     (1150)
<SHARES-REINVESTED>                                350
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<NAME> THE DREYFUS/LAUREL FUNDS TRUST
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   <NAME> DREYFUS PREMIER MANAGED INCOME FUND - CLASS B
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<TABLE> <S> <C>

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<CIK> 0000053808
<NAME> THE DREYFUS/LAUREL FUNDS TRUST
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</TABLE>


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