Registration No. 33-43847
811-5591
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Pre-Effective Amendment No.
Post-Effective Amendment No. 15 X
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY
ACT OF 1940
Amendment No. 14 X
The Dreyfus/Laurel Investment Series
(formerly The Laurel Company Investment Series
(Exact name of Registrant as Specified in Charter)
200 Park Avenue - 55th Floor
New York, New York 10166
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code: (800) 225-5267
John E. Pelletier
Secretary
The Dreyfus/Laurel Investment Series
200 Park Avenue
New York, New York 10166
(Name and Address of Agent for Service)
It is proposed that this filing will become effective:
X immediately upon filing pursuant to Rule 485(b)
on _______________pursuant to Rule 485(b)
60 days after filing pursuant to Rule 485(a)
on pursuant to Rule 485(a)
The Registrant has previously filed a declaration of indefinite
registration of its shares pursuant to Rule 24f-2 under the Investment
Company Act of 1940, as amended. Registrant's Rule 24f-2 Notice for the
fiscal year ended August 31, 1994 was filed on October 31, 1994.
THE DREYFUS/LAUREL INVESTMENT SERIES
(formerly The Laurel Investment Series)
FORM N-1A
CROSS REFERENCE SHEET
PURSUANT TO RULE 495(a)
Part A.
Item No. Prospectus Caption
1. Cover Page Cover Page
2. Synopsis Expense Summary; Investor Shares Distribution Plan
3. Financial Highlights Financial Highlights;
Performance Information
4. General Description of Cover Page; Investment Objectives;
Registrant Investment Policies; The Laurel Funds Investment
Series
5. Management of the Fund Expense Summary; Management
6. Capital Stock and Other Special Shareholder Services;
Securities The Laurel Funds Investment Series; Distributions;
Taxes
7. Purchase of Securities How to Invest in The Laurel Funds; Special
Shareholder Services; Share Price
8. Redemption or Repurchase How to Redeem Shares; Share Price;
Distributions; Special Shareholder Services
9. Pending Legal Proceedings Not Applicable
Part B Statement of Additional
Item No. Information Caption
10. Cover Page Cover Page
11. Table of Contents Contents
12. General Information Management of the Trust
and History Custodian and Transfer Agent
13. Investment Objectives and Investment Policies
and Policies
14. Management of the Fund Management of the Trust;
Distributor; Custodian and Transfer Agent
15. Control Persons and Management of the Trust
Principal Holders of
Securities
16. Investment Advisory and Management of the Trust
and Other Services Purchase of Shares; Custodian; Transfer
Agent
17. Brokerage Allocation Investment Policies
18. Capital Stock and Purchase of Shares; Taxes;
Other Securities Description of the Trust
19. Purchase, Redemption and Purchase of Shares; Redemption of
Pricing of Securities Shares; Valuation of Shares;
Being Offered
20. Tax Status Taxes
21. Underwriters Purchase of Shares
22. Calculation of Performance Performance Information
Data
23. Financial Statements Financial Statements
Part A
Incorporated by reference to Post-Effective Amendment No. 14.
Part B
Incorporated by reference to Post-Effective Amendment No. 14.
THE DREYFUS/LAUREL INVESTMENT SERIES
Part C
OTHER INFORMATION
Item 24. Financial Statements and Exhibits
(a) Financial Statements:
Included in the Prospectus (Part A):
Financial Highlights
Included in the Statement of Additional
Information (Part B):
Financial Statements for the fiscal year ended
August 31, 1994
Portfolio of Investments
Statement of Assets and Liabilities
Statement of Operations
Statement of Changes in Net Assets
Notes to Financial Statement
Report of Independent Accountants
Included in Part C:
None
(b) Exhibits:
Exhibits No. Description of Exhibit
(1) (a) Amended and Restated Master Trust Agreement is
incorporated by reference to Post-Effective Amendment No. 9.
(1) (b) Amendment No. 1 to Registrant's Amended and
Restated Master Trust Agreement filed on February 7, 1994.
(1) (c) Amendment No. 2 to Registrant's Amended and
Restated Master Trust Agreement filed on March 31, 1994.
(1)d) Amendment No. 3 to Registrant's Amended and Restated
Master Trust Agreement filed on December 19, 1994.
(2) By-Laws of the Trust are incorporated by reference to
the Registrant's Registration Statement (No. 33-43847) as filed on May
31, 1988 ("Registration Statement").
(3) Not Applicable
(4) Specimen Certificate for shares of the Laurel
Investment Series shall be filed by amendment.
(5) (a) Investment Management Agreements between the
Registrant and Mellon Bank, N.A. dated April 4, 1994 is incorporated by
reference to Post-Effective Amendment No. 13 filed on December 30, 1994.
(5) (b) Sub-Advisory Agreements between Mellon Bank,
N.A. and PanAgora Asset Management, Inc. dated April 4, 1994 relating to
the International Fund and the Asset Allocation Fund, respectively is
incorporated by reference to Post-Effective Amendment No. 13 filed on December
30, 1994.
(5) (c) Assignment Agreement among the Registrant,
Mellon Bank, N.A., dated as of October 17, 1994, (relating to Investment
Management Agreement dated April 4, 1994) is incorporated by reference to Post-
Effective Amendment No. 13 filed on December 30, 1994.
)
(6) (a) Form of Distribution Agreement between the
Registrant and TBC Funds Distributor, Inc. (currently known as Funds
Distributor, Inc.) is incorporated by reference to the Registration
Statement as filed on May 31, 1988.
(6) (b) Amendment No. 1 to the Distribution Agreement
dated November 1, 1992 is incorporated by reference to Post-Effective
Amendment No. 7 filed on August 31, 1993.
(6) (c) Form of Distribution Agreement between
Registrant and Funds Distributor, Inc. is incorporated by reference to Post-
Effective Amendment No. 13 filed on December 30, 1994.
(6) (d) Forms of Selling Agreements between the
Registrant's Distributor and certain banks, brokers, dealers and other
financial institutions will be filed by amendment.
(6)(e) Distribution Agreement between the Reegistrant
and Premier Mutual Fund Services, Inc., dated as of October 17, 1994,
is incorporated by reference to Post-Effective Amendment No. 13 filed on
December 30, 1994.
(7) Not Applicable.
(8) (a) Custody and Fund Accounting Agreement between
Registrant and Mellon Bank, N.A., dated April 4, 1994 is incorporated by
reference to Post-Effective Amendment No. 13 filed on December 30, 1994.
(8)(b) Amendment to Custody and Fund Accounting
Agreement, dated August 1,1994, is incorporated by reference to Post-Effective
Amendment No. 13 filed on December 30, 1994.
(8)(c) Subcustodian Agreement between the Registrant
and Mellon Bank, N.A. Dated April 4, 1994, is incorporated by reference to
Post-Effective Amendment No. 13 filed on December 30, 1994.
(9) (a) Form of Transfer Agency Agreement between the
Registrant and Boston Safe Deposit and Trust Company (currently known as
The Shareholder Services Group) is incorporated by reference to the
Registration Statement as filed on May 31, 1988.
(9) (b) Supplement to the Transfer Agent Agreement
for Registrant dated April 4, 1994, is incorporated by reference to Post-
Effective Amendment No. 13 filed on December 30, 1994.
(9) (c) Administration Agreement between the Registrant
and Frank Russell Investment Management Company dated April 4, 1994 is
incorporated by reference to Post-Effective Amendment No. 13 filed on December
30, 1994.
(9) (d) Sub-Administration Agreement is incorporated by reference to
Post-Effective Amendment No. 13 filed on December 30, 1994.
(9) (d) (1) Amendment to Sub-Administration Agreement is incorporated by
reference to Post-Effective Amendment No. 13 filed on December 30, 1994.
(10) Opinion of Counsel is incorporated by reference to
the Registration Statement and to Post-Effective Amendment No. 13 filed on
December 30, 1994 Consent of Counsel is filed herewith.
(11)(a) Consent of Independent Accountants: KPMG Peat Marwick
is incorporated by reference to Post-Effective Amendment No. 14.
(11)(b) Consent of Independent Accountants: Coopers & Lybrand is
incorporated by reference to Post-Effective Amendment No. 14.
(12) Not Applicable.
(13) Not Applicable.
(14) Not Applicable
(15) (a) Restated Distribution Plan (relating to Investor
Shares) is incorporated by reference to Post-Effective Amendment No. 13 filed
on December 30, 1994.
(16) Performance Data is incorporated by reference to Post-
Effective Amendment No. 3 as filed on October 31, 1990.
(18) Rule 18f-3 Plan dated April 26, 1995.
Other Exhibits
- --------------
(a) Powers of Attorney of the Trustees and Officers dated April 5, 1995 are
incorporated by reference to Post-Effective Amendment No. 14.
Item 25.
Persons Controlled By or Under Common Control with Registrant
Not applicable.
Item 26. Number of Holders of Securities
Set forth below are the number of record holders,
as of May 10, 1995 of each class of securities
of the Registrant.
Series Number of Record Holders
Investor Class R
Dreyfus/Laurel Contrarian Fund Shares 267 0
Dreyfus/Laurel Short-Term Bond Fund Shares 171 0
Item 27. Indemnification
Under a provision of the Registrant's Agreement and
Declaration of Trust (the "Declaration of Trust"), any past or present
trustee or officer of the Registrant is indemnified to the fullest
extent permitted by law against liability and all expenses reasonably
incurred by him/her in connection with any action, suit or proceeding to
which he/she may be a party or otherwise involved by reason of his being
or having been a trustee or officer of Registrant. This provision does
not authorize indemnification where it is determined, in the manner
specified in the Declaration of Trust, that such trustee or officer has
not acted in good faith in the reasonable belief that his actions were
in the best interest of Registrant. Moreover, this provision does not
authorize indemnification where such trustee or officer is finally
adjudged to have been liable to Registrant or its shareholders by reason
of willful misfeasance, bad faith, gross negligence or reckless
disregard of this duties.
Item 28. Business and Other Connections of Investment Adviser
Investment Adviser - The Dreyfus Corporation
The Dreyfus Corporation ("Dreyfus") and subsidiary companies comprise a
financial service organization whose business consists primarily of
providing investment management services as the investment adviser,
manager and distributor for sponsored investment companies registered
under the Investment Company Act of 1940 and as an investment adviser to
institutional and individual accounts. Dreyfus also serves as sub-
investment adviser to and/or administrator of other investment
companies. Dreyfus Service Corporation, a wholly-owned subsidiary of
Dreyfus , serves primarily as a registered broker-dealer of shares of
investment companies sponsored by Dreyfus and of other investment
companies for which Dreyfus acts as investment adviser, sub-investment
adviser or administrator. Dreyfus Management, Inc., another wholly-
owned subsidiary, provides investment management services to various
pension plans, institutions and individuals
Officers and Directors of Investment Adviser
Name and Position
with Dreyfus
Other Business
MANDELL L. BERMAN Real estate consultant and private investor
Director 29100 Northwestern Highway, Suite 370
Southfield, Michigan 48034;
Past Chairman of the Board of Trustees of
Skillman Foundation.
Member of The Board of Vintners Intl.
FRANK V. CAHOUET Chairman of the Board, President and
Director Chief Executive Officer:
Mellon Bank Corporation
One Mellon Bank Center
Pittsburgh, Pennsylvania 15258;
Mellon Bank, N.A.
One Mellon Bank Center
Pittsburgh, Pennsylvania 15258
Director:
Avery Dennison Corporation
150 North Orange Grove Boulevard
Pasadena, California 91103;
Saint-Gobain Corporation
750 East Swedesford Road
Valley Forge, Pennsylvania 19482;
Teledyne, Inc.
1901 Avenue of the Stars
Los Angeles, California 90067
ALVIN E. FRIEDMAN Senior Adviser to Dillon, Read & Co. Inc.
Director 535 Madison Avenue
New York, New York 10022;
Director and member of the Executive
Committee of Avnet, Inc.**
LAWRENCE M. GREENE Director:
Director Dreyfus America Fund
JULIAN M. SMERLING None
Director
DAVID B. TRUMAN Educational consultant;
Director Past President of the Russell Sage Foundation
230 Park Avenue
New York, New York 10017;
Past President of Mount Holyoke College
South Hadley, Massachusetts 01075;
DAVID B. TRUMAN Former Director:
(cont'd) Student Loan Marketing Association
1055 Thomas Jefferson Street, N.W.
Washington, D.C. 20006;
Former Trustee:
College Retirement Equities Fund
730 Third Avenue
New York, New York 10017
HOWARD STEIN Chairman of the Board:
Chairman of the Board and Dreyfus Acquisition Corporation*;
Chief Executive Officer The Dreyfus Consumer Credit Corporation*;
Dreyfus Management, Inc.*;
Dreyfus Service Corporation*;
Chairman of the Board and Chief Executive
Officer:
Major Trading Corporation*;
Director:
Avnet, Inc.**;
Dreyfus America Fund++++;
The Dreyfus Fund International
Limited+++++;
World Balanced Fund+++;
Dreyfus Partnership Management,
Inc.*;
Dreyfus Personal Management, Inc.*;
Dreyfus Precious Metals, Inc.*;
Dreyfus Service Organization, Inc.*;
Seven Six Seven Agency, Inc.*;
Trustee:
Corporate Property Investors
New York, New York;
W. KEITH SMITH Chairman and Chief Executive Officer:
Vice Chairman of the Board The Boston Company
One Boston Place
Boston, Massachusetts 02108
Vice Chairman of the Board:
Mellon Bank Corporation
One Mellon Bank Center
Pittsburgh, Pennsylvania 15258;
Mellon Bank, N.A.
One Mellon Bank Center
Pittsburgh, Pennsylvania 15258
Director:
Dentsply International, Inc.
570 West College Avenue
York, Pennsylvania 17405
ROBERT E. RILEY Director:
President, Chief Dreyfus Service Corporation
Operating Officer,
and a Director
LAWRENCE S. KASH Chairman, President and Chief
Vice Chairman-Distribution Executive Officer:
and a Director The Boston Company Advisors, Inc.
53 State Street
Exchange Place
Boston, Massachusetts 02109
Executive Vice President and Director:
Dreyfus Service Organization, Inc.*;
Director:
The Dreyfus Consumer Credit Corporation*;
The Dreyfus Trust Company++'
Dreyfus Service Corporation*;
President:
The Boston Company
One Boston Place
Boston, Massachusetts 02108;
Laurel Capital Advisors
One Mellon Bank Center
Pittsburgh, Pennsylvania 15258;
Boston Group Holdings, Inc.
Executive Vice President
Mellon Bank, N.A.
One Mellon Bank Center
Pittsburgh, Pennsylvania 15258;
Boston Safe Deposit & Trust
One Boston Place
Boston, Massachusetts 02108
PHILIP L. TOIA Chairman of the Board and Trust Investment
Vice Chairman-Operations Officer:
and Administration The Dreyfus Trust Company+++;
Chairman of the Board and Chief Executive
Officer:
Major Trading Corporation*;
Director:
The Dreyfus Security Savings Bank F.S.B.+;
Dreyfus Service Corporation*;
Seven Six Seven Agency, Inc.*;
President and Director:
Dreyfus Acquisition Corporation*;
The Dreyfus Consumer Credit Corporation*;
Dreyfus-Lincoln, Inc.*;
Dreyfus Management, Inc.*;
Dreyfus Personal Management, Inc.*;
Dreyfus Partnership Management, Inc.+;
Dreyfus Service Organization*;
The Truepenny Corporation*;
Formerly, Senior Vice President:
The Chase Manhattan Bank, N.A. and
The Chase Manhattan Capital Markets
Corporation
One Chase Manhattan Plaza
New York, New York 10081
PAUL H. SNYDER Director:
Vice President-Finance Pennsylvania Economy League
and Chief Financial Philadelphia, Pennsylvania;
Officer Children's Crisis Treatment Center
Philadelphia, Pennsylvania;
Dreyfus Service Corporation*
Director and Vice President:
Financial Executives Institute,
Philadelphia Chapter
Philadelphia, Pennsylvania
BARBARA E. CASEY President:
Vice President- Dreyfus Retirement Services Division;
Dreyfus Retirement Executive Vice President:
Services Boston Safe Deposit & Trust Co.
One Boston Place
Boston, Massachusetts 02108;
DIANE M. COFFEY None
Vice President-
Corporate Communications
ELIE M. GENADRY President:
Vice President- Institutional Services Division of Dreyfus
Institutional Sales Service Corporation*;
Broker-Dealer Division of Dreyfus Service
Corporation*;
Group Retirement Plans Division of Dreyfus
Service Corporation;
Executive Vice President:
Dreyfus Service Corporation*;
Dreyfus Service Organization, Inc.*;
Vice President:
The Dreyfus Trust Company++;
HENRY D. GOTTMANN Executive Vice President:
Vice President-Retail Dreyfus Service Corporation*;
Sales and Service Vice President:
Dreyfus Precious Metals*;
DANIEL C. MACLEAN Director, Vice President and Secretary:
Vice President and General Dreyfus Precious Metals, Inc.*;
Counsel Director and Vice President:
The Dreyfus Consumer Credit Corporation*;
Director and Secretary:
Dreyfus Partnership Management, Inc.*;
Major Trading Corporation*;
The Truepenny Corporation+;
Director:
The Dreyfus Trust Company++;
Secretary:
Seven Six Seven Agency, Inc.*;
JEFFREY N. NACHMAN None
Vice President-Mutual Fund
Accounting
WILLIAM F. GLAVIN, JR. Senior Vice President:
Vice President-Product The Boston Company Advisors, Inc.
Management 53 State Street
Exchange Place
Boston, Massachusetts 02109
KATHERINE C. WICKHAM Formerly, Assistant Commissioner:
Vice President- Department of Parks and Recreation of the
Human Resources City of New York
830 Fifth Avenue
New York, New York 10022
MARK N. JACOBS Vice President, Secretary and Director:
Vice President-Fund Lion Management, Inc.*;
Legal and Compliance, Secretary:
and Secretary The Dreyfus Consumer Credit Corporation*;
Dreyfus Management, Inc.*;
Assistant Secretary:
Dreyfus Service Organization, Inc.*;
Major Trading Corporation*;
The Truepenny Corporation*
ANDREW S. WASSER Vice President:
Vice President-Information Mellon Bank Corporation
Services One Mellon Bank Center
Pittsburgh, Pennsylvania 15258
MAURICE BENDRIHEM Treasurer:
Controller Dreyfus Partnership Management, Inc.*;
Dreyfus Service Organization, Inc.*;
Seven Six Seven Agency, Inc.*;
The Truepenny Corporation*;
Controller:
Dreyfus Acquisition Corporation*;
The Dreyfus Trust Company++;
The Dreyfus Consumer Credit Corporation*;
Assistant Treasurer:
Dreyfus Precious Metals*
Formerly, Vice President-Financial Planning,
Administration and Tax:
Showtime/The Movie Channel, Inc.
1633 Broadway
New York, New York 10019
______________________________________
* The address of the business so indicated is 200 Park Avenue, New
York, New York 10166.
** The address of the business so indicated is 80 Cutter Mill Road,
Great Neck, New York 11021.
*** The address of the business so indicated is 45 Broadway, New York,
New York 10006.
**** The address of the business so indicated is Five Triad Center, Salt
Lake City, Utah 84180.
+ The address of the business so indicated is Atrium Building, 80 Route
4 East, Paramus, New Jersey 07652.
++ The address of the business so indicated is 144 Glenn Curtiss
Boulevard, Uniondale, New York 11556-0144.
+++ The address of the business so indicated is One Rockefeller Plaza,
New York, New York 10020.
++++ The address of the business so indicated is 2 Boulevard Royal,
Luxembourg.
+++++ The address of the business so indicated is Nassau, Bahama Islands.
Item 29. Principal Underwriter
(a) Premier Mutual Fund Services, Inc. ("Premier") currently serves as
the distributor for The Dreyfus/Laurel Investment Series.
Premier is registered with the Securities and Exchange Commission as a
broker-dealer and is a member of the National Association of Securities
Dealers, Inc. Premier is a wholly-owned subsidiary of Institutional
Administration Services, Inc., the parent company of which is Boston
Institutional Group, Inc.
Premier also currently serves as the exclusive distributor or principal
underwriter for the following investment companies:
1) Comstorck Partners Strategy Fund, Inc.
2) Dreyfus A Bonds Plus, Inc.
3) Dreyfus Appreciation Fund, Inc.
4) Dreyfus Asset Allocation Fund, Inc.
5) Dreyfus Balanced Fund, Inc.
6) Dreyfus BASIC Money Market Fund, Inc.
7) Dreyfus BASIC Municipal Fund, Inc.
8) Dreyfus BASIC U.S. Government Money Market Fund
9) Dreyfus California Intermediate Municipal Bond Fund
10) Dreyfus California Tax Exempt Bond Fund, Inc.
11) Dreyfus California Tax Exempt Money Market Fund
12) Dreyfus Capital Value Fund, Inc.
13) Dreyfus Cash Management
14) Dreyfus Cash Management Plus, Inc.
15) Dreyfus Connection Intermediate Municipal Bond Fund
16) Dreyfus Connecticut Municipal Money market Fund, Inc.
17) The Dreyfus Convertible Securities Fund, inc.
18) Dreyfus Edison Electric Index Fund, Inc.
19) Dreyfus Florida Intermediate Municipal Bond Fund
20) Dreyfus Florida Municipal Money market Fund
21) Dreyfus Focus Funds, Inc.
22) The Dreyfus Fund Incorporated
23) Dreyfus Global Bond Fund, Inc.
24) Dreyfus Global Growth, L.P. (A Strategic Fund)
25) Dreyfus Global Investing, Inc.
26) Dreyfus GNMA Fund, Inc.
27) Dreyfus Government Cash Management
28) Dreyfus Growth and Income Fund, Inc.
29) Dreyfus Growth Opportunity Fund, Inc.
30) Dreyfus Institutional Money Market Fund
31) Dreyfus Institutional Short Term Treasury Fund
32) Dreyfus Insured Municipal Bond Fund, Inc.
33) Dreyfus Intermediate Municipal Bond Fund, Inc.
34) Dreyfus International Equity Fund, Inc.
35) Dreyfus Investors GNMA Fund
36) The Dreyfus Leverage Fund, Inc.
37) Dreyfus Life and Annuity Index Fund, Inc.
38) Dreyfus Liquid Assets, Inc.
39) Dreyfus Massachusetts Intermediate Municipal Bond Fund
40) Dreyfus Massachusetts Municipal Money market Fund
41) Dreyfus Massachusetts Tax Exempt Bond Fund
42) Dreyfus Michigan Municipal Money Market Fund, Inc.
43) Dreyfus Money Market Instruments, Inc.
44) Dreyfus Municipal Bond Fund, Inc.
45) Dreyfus Municipal Cash Management Plus
46) Dreyfus Municipal Money Market fund, Inc.
47) Dreyfus New Jersey Intermediate Municipal Bond Fund
48) Dreyfus New Jersey Municipal Bond Fund, Inc.
49) Dreyfus New Jersey Municipal Money Market Fund, Inc.
50) Dreyfus New Leaders Fund, Inc.
51) Dreyfus New York Insured Tax Exempt Bond Fund
52) Dreyfus New York Municipal Cash Management
53) Dreyfus New York Tax Exempt Bond Fund, Inc.
54) Dreyfus New York ax Exempt Intermediate Bond Fund
55) Dreyfus New York Tax Exempt Money Market Fund
56) Dreyfus Ohio Municipal Money Market Fund, Inc.
57) Dreyfus 100% U.S. Treasury Intermediate Term Fund
58) Dreyfus 100% U.S. Treasury Long Term Fund
59) Dreyfus 100% U.S. Treasury Money Market Fund
60) Dreyfus 100% U.S. Treasury Short Term Fund
61) Dreyfus Pennsylvania Intermediate Municipal bond Fund
62) Dreyfus Short-Intermediate Government Fund
63) Dreyfus Short-Intermediate Municipal Bond Fund
64) Dreyfus Short-Term Income Fund, Inc.
65) The Dreyfus Socially Responsible Growth Fund, Inc.
66) Dreyfus Strategic Growth, L.P.
67) Dreyfus Strategic Income
68) Dreyfus Strategic Investing
69) Dreyfus Tax Exempt Cash Management
70) Dreyfus Treasury Cash Management
71) Dreyfus Treasury Prime Cash Management
72) Dreyfus Variable Investment Fund
73) Dreyfus-Wiltshire Target Funds, Inc.
74) Dreyfus Worldwide Dollar Money Market Fund, Inc.
75) First Prairie Cash Management
76) First Prairie Diversified Asset Fund
77) First Prairie Money Market Fund
78) First Prairie Municipal Money Market Fund
79) First Prairie Tax Exempt Bond Fund, Inc.
80) First Prairie U.S. Government Income Fund
81) First Prairie U.S. Treasury Securities Cash Management
82) General California Municipal Bond Fund, Inc.
83) General California Municipal Money Market Fund
84) General Government Securities Money Market Fund, Inc.
85) General Money Market Fund, Inc.
86) General Municipal Bond Fund, Inc.
87) General Municipal Money Market Fund, Inc.
88) General New York Municipal Bond Fund, Inc.
89) General New York Municipal Money Market Fund
90) Pacific American Fund
91) Peoples Index Fund, Inc.
92) Peoples S&P MidCap Index Fund, Inc.
93) Premier Insured Municipal Bond Fund
94) Premier California Municipal bond Fund
95) Premier GNMA Fund
96) Premier Growth Fund, Inc.
97) Premier Municipal Bond Fund
98) Premier New York Municipal bond Fund
99) Premier State Municipal Bond Fund
100) the Dreyfus/Laurel Funds Trust
101) The Dreyfus/Laurel Tax-Free Municipal Funds
(b) The names of the principal executive officers of Premier together
with their respective positions with Premier and their positions and
offices with the registrant, are set forth below.
Name
and Address
Position and
Office(s) with
Premier
Position and
Office(s) with
Registrant
Marie E. Connolly*
Director, President
& Chief Operating
Officer
President &
Treasurer
John E. Pelletier*
Senior Vice
President &
General Counsel
Vice President &
Secretary
Joseph F. Tower,
III*
Senior vice
President & Chief
Financial Officer
Assistant Treasurer
John J. Pyburn**
Vice President
Assistant Treasurer
Jean M. O'Leary*
Assistant Secretary
N/A
Eric B. Fischman**
Vice President &
Associate General
Counsel
Vice President &
Assistant Secretary
Frederic C. Dey**
Senior Vice
President
Vice President &
Assistant Treasurer
Ruth D. Leibert**
Assistant Vice
President
Assistant Secretary
Paul D. Furcinito
Assistant Vice
President
Assistant Secretary
* Address: Funds Distributor, Inc., Exchange Place, Boston, MA 02109
**Address: Premier Mutual Fund Services, Inc., 200 Park Avenue, new
York, NY 10166.
Item 30. Location of Accounts and Records
(1) The Dreyfus/Laurel Tax-Free Municipal Funds
144 Glenn Curtiss Boulevard
Uniondale, NY 11556-0144
(2) Mellon Bank, N.A.
c/o The Boston Company Advisers, Inc.
4th Floor
One Exchange Place
Boston, MA 02109
(3) Mellon Bank, N.A.
c/o The Boston Company, Inc.
5th Floor
One Boston Place
Boston, MA 02108
(4) Mellon Bank, N.A.
The Park Square Building
31 St. James Avenue
Boston, MA 02116
(5) The Shareholder Services Group, Inc.
1 America Express Plaza
Providence, RI 02903
(6) Mellon Bank, N.A.
One Mellon Bank Center
39th Floor
Pittsburgh, PA 15258
(7) The Dreyfus Corporation
200 Park Avenue
New York, NY 10166
Item 31. Management Services
Not applicable.
Item 32. Undertakings
a(i). Not applicable.
b(ii). Not applicable.
Rule 485(b)(3) Certification
The Registrant hereby certifies that it meets all of the
requirements for effectiveness pursuant to Rule 485(b) under the
Securities Act of 1933.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as
amended, and the Investment Company Act of 1940, as amended, the
Registrant, The Dreyfus/Laurel Investment Series (formerly The Laurel
Investment Series), has duly caused this Amendment to the Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, all in the City of New York, the State of New York on the
16th day of May, 1995.
THE DREYFUS/LAUREL INVESTMENT SERIES
s/Marie E. Connolly*
___________________________
Marie E. Connolly
President
Pursuant to the requirements of the Securities Act of 1933, as
amended, this Amendment to the Registration Statement has been signed
below by the following persons in the capacities and on the dates
indicated.
Signature Title Date
s/Marie E. Connolly* President, Treasurer 5/16/95
Marie E. Connolly
Signature Title Date
/s/Francis P. Brennan* Trustee, 5/16/95
Francis P. Brennan Chairman of the Board
/s/Ruth Marie Adams* Trustee 5/16/95
Ruth Marie Adams
/s/Joseph S. DiMartino* Trustee 5/16/95
Joseph S. DiMartino
/s/James M. Fitgibbons* Trustee 5/16/95
James M. Fitzgibbons
/s/Kenneth A. Himmel* Trustee 5/16/95
Kenneth A. Himmel
/s/Stephen J. Lockwood* Trustee 5/16/95
Stephen J. Lockwood
/s/Roslyn M. Watson* Trustee 5/16/95
Roslyn M. Watson
/s/J. Tomlinson Fort* Trustee 5/16/95
J. Tomlinson Fort
/s/Arthur L. Goeschel* Trustee 5/16/95
Arthur L. Goeschel
/s/Arch S. Jeffery* Trustee 5/16/95
Arch S. Jeffery
/s/Robert D. McBride* Trustee 5/16/95
Robert D. McBride
/s/John L. Propst* Trustee 5/16/95
John L. Propst
/s/John J. Sciullo* Trustee 5/16/95
John J. Sciullo
*By: Eric B. Fischman
-------------
Eric B. Fischman
Attorney-in-Fact
THE DREYFUS FAMILY OF FUNDS
(Funds Included in Schedule A)
Rule 18f-3 Plan
Rule 18f-3 under the Investment Company Act of 1940, as amended
(the "1940 Act"), requires that the Board of an investment company desiring
to offer multiple classes of shares pursuant to said Rule adopt a plan
setting forth the differences among the classes with respect to shareholder
services, distribution arrangements, expense allocations and any related
conversion features or exchange privileges.
The Board, including a majority of the non-interested Board
members, of each of the investment companies, or series thereof, listed on
Schedule A attached hereto (each, a "Fund") which desires to offer multiple
classes has determined that the following plan is in the best interests of
each class individually and the Fund as a whole:
1. Class Designation: Fund shares shall be divided into
Investor Class and Class R.
2. Differences in Availability: Investor shares shall be sold
primarily to retail investors by the Fund's Distributor and by banks,
securities brokers or dealers and other financial institutions that have
entered into a Selling Agreement with the Fund's Distributor.
Class R shares shall be sold primarily to bank trust departments
and other financial service providers acting on behalf of customers having
a qualified trust or investment account or relationship at such
institution, or to customers who have received and hold shares of the Fund
distributed to them by virtue of such an account or relationship.
3. Differences in Services: Other than shareholder services
provided under the Distribution Plan, the services offered to shareholders
of each Class shall be the same.
4. Differences in Distribution Arrangements: Investor shares
shall be subject to a Distribution Plan adopted pursuant to Rule 12b-1
under the 1940 Act. The Distribution Plan for Investor shares allows the
Fund to spend annually up to 0.25% of its average daily net assets
attributable to Investor shares to compensate Dreyfus Service Corporation,
an affiliate of The Dreyfus Corporation ("Dreyfus"), for shareholder
servicing activities, and the Fund's Distributor for shareholder servicing
activities and for activities or expenses primarily intended to result in
the sale of Investor shares.
Class R shares shall not be subject to a Distribution Plan.
5. Expense Allocation. The following expenses shall be
allocated on a Class-by-Class basis: (a) fees under the Distribution Plan;
(b) printing and postage expenses payable by the Fund related to preparing
and distributing materials, such as proxies, to current shareholders of a
specific Class; and (c) litigation or other legal expenses relating solely
to a specific Class.
6. Conversion Features. There shall be no automatic conversion
feature for either the Investor Class or Class R.
7. Exchange Privileges. Investor shares shall be exchangeable
only for (a) Investor shares (however the same may be named) of other funds
managed or administered by Dreyfus; (b) Class A shares (however the same
may be named) of other funds managed or administered by Dreyfus which are
not subject to any contingent deferred sales charge; (c) shares of funds
managed or administered by Dreyfus which do not have separate share
classes; and (d) shares of certain other funds, as specified from time to
time.
Class R shares shall be exchangeable only for (a) Class R shares
(however the same may be named) of other funds managed or administered by
Dreyfus; (b) shares of funds managed or administered by Dreyfus which do
not have separate share classes; and (c) shares of certain other funds, as
specified from time to time.
Dated: April 26, 1995
SCHEDULE A
The Dreyfus/Laurel Funds, Inc. -
Dreyfus Disciplined Stock Fund
Dreyfus Disciplined Midcap Stock Fund
Dreyfus S&P 500 Stock Index Fund
Dreyfus Equity Income Fund
Dreyfus European Fund
Dreyfus Bond Market Index Fund
Dreyfus International Equity Allocation Fund
Dreyfus/Laurel Short-Term Government Securities
Fund
Dreyfus/Laurel Prime Money Market Fund
Dreyfus/Laurel U.S. Treasury Money Market Fund
Dreyfus/Laurel Tax-Exempt Money Market Fund
The Dreyfus/Laurel Funds Trust -
Dreyfus Special Growth Fund
The Dreyfus/Laurel Tax-Free Municipal Funds -
Dreyfus/Laurel Massachusetts Tax-Free Money Fund
Dreyfus/Laurel New York Tax-Free Money Fund
Dreyfus/Laurel California Tax-Free Money Fund
The Dreyfus/Laurel Investment Series -
Dreyfus/Laurel Short-Term Bond Fund
Dreyfus/Laurel Contrarian Fund
