The performance data quoted represents past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Go to the Fund Performance tab for standardized total returns and for month-end returns reflecting the fund's current performance.

Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or a summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

Different share classes of funds may be subject to different sales and distribution charges and achieve different returns. You should discuss with Dreyfus or your advisor your initial investment amount, time horizon and other relevant factors in selecting a share class for investment.

This information does not constitute legal or tax advice and should not be relied upon in preparing your tax returns. Investors should refer to the year-end tax documents forwarded by Dreyfus and contact their tax advisors regarding their specific tax situation.

The information on this Web site is not an offer to sell, or a solicitation of an offer to buy, any security, nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase, or sale may not lawfully be made.

For share classes that are offered after a fund's inception date, the total returns quoted reflect the performance of the fund's initial share class(es), adjusted to reflect applicable non-recurring sales charges. Performance for these share classes has not been adjusted to reflect any class-specific distribution or servicing fees or any differences in operating expenses. Had such fees and expenses been reflected for classes with higher fees than the initial share class, returns for these share class returns during such periods would have been different.

Portfolio composition is subject to change at any time. The holdings listed should not be considered recommendations to buy or sell a security. Large concentrations can increase share price volatility.

The S & P is a trademark of the McGraw-Hill Companies, Inc, and has been licensed for use by the Dreyfus Institutional S&P 500 Stock Index Fund and the Dreyfus S&P 500 Index Fund. These funds are not sponsored, sold, or promoted by Standard and Poor's and Standard & Poor's makes no representation regarding the advisability of investing in these funds.

Class I and Y shares are not available for purchase by individual investors. All class Z shares are closed to new accounts.

The performance data quoted represents past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Go to the Fund Performance tab for standardized total returns and for month-end returns reflecting the fund's current performance.

Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or a summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

Different share classes of funds may be subject to different sales and distribution charges and achieve different returns. You should discuss with Dreyfus or your advisor your initial investment amount, time horizon and other relevant factors in selecting a share class for investment.

This information does not constitute legal or tax advice and should not be relied upon in preparing your tax returns. Investors should refer to the year-end tax documents forwarded by Dreyfus and contact their tax advisors regarding their specific tax situation.

The information on this Web site is not an offer to sell, or a solicitation of an offer to buy, any security, nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase, or sale may not lawfully be made.

For share classes that are offered after a fund's inception date, the total returns quoted reflect the performance of the fund's initial share class(es), adjusted to reflect applicable non-recurring sales charges. Performance for these share classes has not been adjusted to reflect any class-specific distribution or servicing fees or any differences in operating expenses. Had such fees and expenses been reflected for classes with higher fees than the initial share class, returns for these share class returns during such periods would have been different.

Portfolio composition is subject to change at any time. The holdings listed should not be considered recommendations to buy or sell a security. Large concentrations can increase share price volatility.

The S & P is a trademark of the McGraw-Hill Companies, Inc, and has been licensed for use by the Dreyfus Institutional S&P 500 Stock Index Fund and the Dreyfus S&P 500 Index Fund. These funds are not sponsored, sold, or promoted by Standard and Poor's and Standard & Poor's makes no representation regarding the advisability of investing in these funds.

Class I and Y shares are not available for purchase by individual investors. All class Z shares are closed to new accounts.

The performance data quoted represents past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Go to the Fund Performance tab for standardized total returns and for month-end returns reflecting the fund's current performance.

Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or a summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

Different share classes of funds may be subject to different sales and distribution charges and achieve different returns. You should discuss with Dreyfus or your advisor your initial investment amount, time horizon and other relevant factors in selecting a share class for investment.

This information does not constitute legal or tax advice and should not be relied upon in preparing your tax returns. Investors should refer to the year-end tax documents forwarded by Dreyfus and contact their tax advisors regarding their specific tax situation.

The information on this Web site is not an offer to sell, or a solicitation of an offer to buy, any security, nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase, or sale may not lawfully be made.

For share classes that are offered after a fund's inception date, the total returns quoted reflect the performance of the fund's initial share class(es), adjusted to reflect applicable non-recurring sales charges. Performance for these share classes has not been adjusted to reflect any class-specific distribution or servicing fees or any differences in operating expenses. Had such fees and expenses been reflected for classes with higher fees than the initial share class, returns for these share class returns during such periods would have been different.

Portfolio composition is subject to change at any time. The holdings listed should not be considered recommendations to buy or sell a security. Large concentrations can increase share price volatility.

The S & P is a trademark of the McGraw-Hill Companies, Inc, and has been licensed for use by the Dreyfus Institutional S&P 500 Stock Index Fund and the Dreyfus S&P 500 Index Fund. These funds are not sponsored, sold, or promoted by Standard and Poor's and Standard & Poor's makes no representation regarding the advisability of investing in these funds.

Class I and Y shares are not available for purchase by individual investors. All class Z shares are closed to new accounts.