NOTE 1--Significant Accounting Policies:
The Dreyfus/Laurel Funds Trust (the "Trust") is registered under the Investment Company Act of 1940 ("Act") as
a diversified open-end management investment company and operates as a series company currently offering four
series including the Premier Managed Income Fund (the "Fund"). The Fund's investment objective is to seek high
current income consistent with what is believed to be prudent risk of capital primarily through investments in
investment-grade corporate and U.S. Government obligations and in obligations having maturities of 10 years or
less. The Dreyfus Corporation ("Manager") serves as the Fund's investment manager. The Manager is a direct
subsidiary of Mellon Bank, N.A. ("Mellon Bank").
Premier Mutual Fund Services, Inc. (the "Distributor") acts as the distributor of the Fund's shares. The Fund
currently offers four classes of shares: Class A, Class B, Class C and Class R shares. Class A, Class B and
Class C shares are sold primarily to retail investors through financial intermediaries and bear a distribution fee
and/or service fee. Class A shares are sold with a front-end sales charge, while Class B and Class C shares are
subject to a contingent deferred sales charge ("CDSC") and a service fee. Class R shares are sold primarily to
bank trust departments and other financial service providers (including Mellon Bank and its affiliates) acting on
behalf of customers having a qualified trust or investment account or relationship at such institution, and bear no
distribution fee or service fee. Class R shares are offered without a front-end sales load or CDSC. Each class of
shares has identical rights and privileges, except with respect to distribution fees and voting rights on matters
affecting a single class.
Investment income, net of expenses (other than class specific expenses), realized and unrealized gains and losses
are allocated daily to each class of shares based upon the relative proportion of net assets of each class.