Page 1 of 7
File Nos. 33-6013 and 811-4688
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 [ X ]
Pre-Effective Amendment No. [ ]
Post-Effective Amendment No. 19 [ X ]
and
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 [ X ]
Amendment No. 19 [ X ]
(Check appropriate box or boxes)
DREYFUS PREMIER VALUE FUND
(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)
Registrant's Telephone Number, including Area Code: (212) 922-6020
Mark N. Jacobs, Esq.
200 Park Avenue
New York, New York 10166
(Name and Address of Agent for Service)
It is proposed that this filing will become effective (check appropriate box)
__X__ immediately upon filing pursuant to paragraph (b)
_____ on _____________ pursuant to paragraph (b)
_____ 60 days after filing pursuant to paragraph (a) (i)
_____ on (date) pursuant to paragraph (a) (i)
_____ 75 days after filing pursuant to paragraph (a) (ii)
_____ on (date) pursuant to paragraph (a) (ii) of Rule 485
Registrant has registered an indefinite number of shares of its Common Stock
under the Securities Act of 1933 pursuant to Sec. 24(f) of the Investment
Company Act of 1940. Registrant's Rule 24f-2 Notice for the fiscal year ended
October 31, 1996 was filed December 30, 1996.
Page 2
REGISTRATION STATEMENT NOS. 33-6013 AND 811-4688
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
For Registration under the Securities Act of 1933 of Securities of Open-End
Management Investment Companies registered on Form N-1A.
A. Exact name of Company specified in Charter:
DREYFUS PREMIER VALUE FUND - CLASS A
B. Complete address of Company's principal executive offices:
c/o The Dreyfus Corporation, 200 Park Avenue, New York, NY 10166
C. Name and complete address of agent for service:
Mark N. Jacobs, Esq., The Dreyfus Corporation
200 Park Avenue, New York, NY 10166
D. Title and amount of Securities being registered (number of shares or
other units):
432,331 Shares (See Note Below)
E. Proposed aggregate offering price to the public of the securities being
registered:
$330,016 (Determined on the basis of the closing
price on March 25, 1997 i.e. $22.98
per share (See Note Below))
F. Amount of filing fee, computed at one thirty-third of one percent of
the proposed maximum aggregate offering price to the public:
$100 (See Note Below)
G. Approximate date of proposed public offering:
As soon as practicable after the effective date of this
Registration Statement, and thereafter from day to day
NOTE: Shares to be registered pursuant to Rule 24e-2
Aggregate
Offering Price
Total Shares Registered: 432,331 X $22.98 = $9,939,966
Less Adjustment for Shares
Redeemed in excess of Shares
Sold during Fiscal Year
ended October 31, 1996: 417,970 X $22.98 = $9,604,950
14,361 X $22.98 = $ 330,016
Fee at 1/33 of 1% $ 100
Page 3
REGISTRATION STATEMENT NOS. 33-44254 AND 811-6490
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
For Registration under the Securities Act of 1933 of Securities of Open-End
Management Investment Companies registered on Form N-1A.
A. Exact name of Company specified in Charter:
DREYFUS PREMIER VALUE FUND - CLASS B
B. Complete address of Company's principal executive offices:
c/o The Dreyfus Corporation, 200 Park Avenue, New York, NY 10166
C. Name and complete address of agent for service:
Mark N. Jacobs, Esq., The Dreyfus Corporation
200 Park Avenue, New York, NY 10166
D. Title and amount of Securities being registered (number of shares or
other units):
97,341 Shares (See Note Below)
E. Proposed aggregate offering price to the public of the securities being
registered:
$330,013 (Determined on the basis of the closing
price on March 25, 1997 i.e. $21.22
per share (See Note Below))
F. Amount of filing fee, computed at one thirty-third of one percent of
the proposed maximum aggregate offering price to the public:
$100 (See Note Below)
G. Approximate date of proposed public offering:
As soon as practicable after the effective date of this
Registration Statement, and thereafter from day to day
NOTE: Shares to be registered pursuant to Rule 24e-2
Aggregate
Offering Price
Total Shares Registered: 97,341 X $21.22 = $2,065,576
Less Adjustment for Shares
Redeemed in excess of Shares
Sold during Fiscal Year
ended October 31, 1996: 81,789 X $21.22 = $1,735,563
15,552 X $21.22 = $ 330,013
Fee at 1/33 of 1% $ 100
Page 4
CONSENT OF STROOCK & STROOCK & LAVAN LLP
The Consent of Stroock & Stroock & Lavan LLP, counsel to the Registrant,
has been included in their Opinion filed as Exhibit 10 to this Amendment to
the Registration Statement.
Page 5
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant certifies that it meets all the
requirements for effectiveness of this Amendment to the Registration Statement
pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused
this Amendment to the Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of New York, and State of
New York, on the 14th day of April, 1997.
DREYFUS PREMIER VALUE FUND
BY: /s/ Marie E. Connolly*
MARIE E. CONNOLLY, PRESIDENT
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, this Amendment to the Registration Statement
has been signed below by the following persons in the capacities and on the
date indicated.
SIGNATURE TITLE Date
/s/ Marie E. Connolly* President and Treasurer
Marie E. Connolly (Principal Executive, Financial
and Accounting Officer)
/s/ Joseph S. DiMartino* Chairman of the Board
Joseph S. DiMartino
/s/ David W. Burke* Director
David W. Burke
/s/ Diane Dunst* Director
Diane Dunst
/s/ Rosalind Gersten Jacobs* Director
Rosalind Gersten Jacobs
/s/ Jay I. Meltzer* Director
Jay I. Meltzer
/s/ Daniel Rose* Director
Daniel Rose
/s/ Warren B. Rudman* Director
Warren B. Rudman
/s/ Sander Vanocur* Director
Sander Vanocur
*BY: /s/ Elizabeth A. Keeley
Elizabeth A. Keeley, Attorney-in-Fact
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000794280
<NAME> PREMIER VALUE FUND
<SERIES>
<NUMBER> 1
<NAME> PREMIER VALUE FUND A
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-END> OCT-31-1996
<INVESTMENTS-AT-COST> 245957
<INVESTMENTS-AT-VALUE> 256302
<RECEIVABLES> 9583
<ASSETS-OTHER> 32
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 265917
<PAYABLE-FOR-SECURITIES> 13380
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 987
<TOTAL-LIABILITIES> 14367
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 201311
<SHARES-COMMON-STOCK> 9251
<SHARES-COMMON-PRIOR> 9669
<ACCUMULATED-NII-CURRENT> 431
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 39463
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10345
<NET-ASSETS> 207388
<DIVIDEND-INCOME> 4516
<INTEREST-INCOME> 1027
<OTHER-INCOME> 0
<EXPENSES-NET> 3428
<NET-INVESTMENT-INCOME> 2115
<REALIZED-GAINS-CURRENT> 38098
<APPREC-INCREASE-CURRENT> (1715)
<NET-CHANGE-FROM-OPS> 38498
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2946)
<DISTRIBUTIONS-OF-GAINS> (19972)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1745
<NUMBER-OF-SHARES-REDEEMED> (3224)
<SHARES-REINVESTED> 1061
<NET-CHANGE-IN-ASSETS> 1603
<ACCUMULATED-NII-PRIOR> 1568
<ACCUMULATED-GAINS-PRIOR> 25550
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1949
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3428
<AVERAGE-NET-ASSETS> 214386
<PER-SHARE-NAV-BEGIN> 21.59
<PER-SHARE-NII> .22
<PER-SHARE-GAIN-APPREC> 3.01
<PER-SHARE-DIVIDEND> (.31)
<PER-SHARE-DISTRIBUTIONS> (2.09)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.42
<EXPENSE-RATIO> .012
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000794280
<NAME> PREMIER VALUE FUND
<SERIES>
<NUMBER> 2
<NAME> CLASS B
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-END> OCT-31-1996
<INVESTMENTS-AT-COST> 245957
<INVESTMENTS-AT-VALUE> 256302
<RECEIVABLES> 9583
<ASSETS-OTHER> 32
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 265917
<PAYABLE-FOR-SECURITIES> 13380
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 987
<TOTAL-LIABILITIES> 14367
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 201311
<SHARES-COMMON-STOCK> 2014
<SHARES-COMMON-PRIOR> 2096
<ACCUMULATED-NII-CURRENT> 431
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 39463
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10345
<NET-ASSETS> 44152
<DIVIDEND-INCOME> 4516
<INTEREST-INCOME> 1027
<OTHER-INCOME> 0
<EXPENSES-NET> 3428
<NET-INVESTMENT-INCOME> 2115
<REALIZED-GAINS-CURRENT> 38098
<APPREC-INCREASE-CURRENT> (1715)
<NET-CHANGE-FROM-OPS> 38498
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (306)
<DISTRIBUTIONS-OF-GAINS> (4213)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 135
<NUMBER-OF-SHARES-REDEEMED> (431)
<SHARES-REINVESTED> 215
<NET-CHANGE-IN-ASSETS> 1603
<ACCUMULATED-NII-PRIOR> 1568
<ACCUMULATED-GAINS-PRIOR> 25550
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1949
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3428
<AVERAGE-NET-ASSETS> 45410
<PER-SHARE-NAV-BEGIN> 21.17
<PER-SHARE-NII> .04
<PER-SHARE-GAIN-APPREC> 2.96
<PER-SHARE-DIVIDEND> (.16)
<PER-SHARE-DISTRIBUTIONS> (2.09)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.92
<EXPENSE-RATIO> .019
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
