Common use of Reporting and Analysis Clause in Contracts

Reporting and Analysis. (1) Provide regulatory (Securities and Exchange Commission), shareholder and other miscellaneous reporting and, in particular, prepare and maintain the following required books, records, and other documents: (a) journals containing daily itemized records of all Portfolio securities purchases and sales, receipts and deliveries of securities, receipts and disbursements of cash, and all other debits and credits, in the form required by Rule 31a-1(b)(1) under the Act; (b) general and auxiliary ledgers reflecting all asset, liability, reserve, capital, income and expense accounts, in the form required by Rules 31a-1(b)(1)(i) - (iii) under the Act; (c) a securities record or ledger reflecting separately for each portfolio security as of trade date all “long” and “short” positions, if any, carried by the Portfolios for the accounts of the Portfolios, and showing the location of all securities long and the off-setting positions of all securities short, in the form required by Rule 31a-1(b)(3) under the Act; (d) a record of all Portfolio purchases or sales, in the form required by Rule 31a-1(b)(6) under the Act; (e) a record of all puts, calls, spreads, straddles and other options, if any, in which the Portfolios have any direct or indirect interest or which the Portfolios have granted or guaranteed, in the form required by Rule 31a-1(b)(7) under the Act; (f) a record of the proof of money balances in all ledger accounts maintained pursuant to this Agreement, in the form required by Rule 31a-1(b)(8) under the Act; (g) price make-up sheets and such records as are necessary to reflect the determination of the net asset values of each class of the Portfolios; (h) Regulatory: semi-annual and annual Form N-SARs and quarterly Form 13-Fs. (i) Shareholder: semi-annual and annual statements of assets and liabilities, operations, changes in net assets, per share data, appreciation/depreciation, and share activity; (j) Media: weekly, monthly, quarterly, semi-annual and annual statistical data of the Funds, to be provided to newsletters and other investment industry publications such as lCl, D▇▇▇▇▇▇, Lipper and the FINRA; and (k) Board of Trustees: such financial or accounting reports regarding the Portfolios as may be requested by the Fund’s Board of Trustees from time to time. The foregoing books and records shall be maintained and preserved by Dreyfus in accordance with and for the time periods specified by applicable rules and regulations, including Rule 31a-2 under the Act. All such books and records shall be the property of the Fund and, upon request therefor, Dreyfus shall surrender to the Fund such of the books and records so requested.

Reporting and Analysis. (1) Provide regulatory (Securities and Exchange Commission), shareholder and other miscellaneous reporting and, in particular, prepare and maintain the following required books, records, and other documents: (a) journals containing daily itemized records of all Portfolio securities purchases and sales, receipts and deliveries of securities, receipts and disbursements of cash, and all other debits and credits, in the form required by Rule 31a-1(b)(1) under the Act; (b) general and auxiliary ledgers reflecting all asset, liability, reserve, capital, income and expense accounts, in the form required by Rules 31a-1(b)(1)(i) - (iii) under the Act; (c) a securities record or ledger reflecting separately for each portfolio security as of trade date all “long” and “short” positions, if any, carried by the Portfolios for the accounts of the Portfolios, and showing the location of all securities long and the off-setting positions of all securities short, in the form required by Rule 31a-1(b)(3) under the Act; (d) a record of all Portfolio purchases or sales, in the form required by Rule 31a-1(b)(6) under the Act; (e) a record of all puts, calls, spreads, straddles and other options, if any, in which the Portfolios have any direct or indirect interest or which the Portfolios have granted or guaranteed, in the form required by Rule 31a-1(b)(7) under the Act; (f) a record of the proof of money balances in all ledger accounts maintained pursuant to this Agreement, in the form required by Rule 31a-1(b)(8) under the Act; (g) price make-up sheets and such records as are necessary to reflect the determination of the net asset values of each class of the Portfolios; (h) Regulatory: semi-annual and annual Form N-SARs and quarterly Form 13-Fs. (i) Shareholder: semi-annual and annual statements of assets and liabilities, operations, changes in net assets, per share data, appreciation/depreciation, and share activity; (j) Media: weekly, monthly, quarterly, semi-annual and annual statistical data of the Funds, to be provided to newsletters and other investment industry publications such as lClICI, D▇▇▇▇▇▇, Lipper and the FINRA; and (k) Board of Trustees: such financial or accounting reports regarding the Portfolios as may be requested by the Fund’s Board of Trustees from time to time. The foregoing books and records shall be maintained and preserved by Dreyfus in accordance with and for the time periods specified by applicable rules and regulations, including Rule 31a-2 under the Act. All such books and records shall be the property of the Fund and, upon request therefor, Dreyfus shall surrender to the Fund such of the books and records so requested.

Reporting and Analysis. (1) Provide regulatory (Securities and Exchange Commission), shareholder and other miscellaneous reporting and, in particular, prepare and maintain the following required books, records, and other documents: (a) journals containing daily itemized records of all Portfolio securities purchases and sales, receipts and deliveries of securities, receipts and disbursements of cash, and all other debits and credits, in the form required by Rule 31a-1(b)(1) under the Act; (b) general and auxiliary ledgers reflecting all asset, liability, reserve, capital, income and expense accounts, in the form required by Rules 31a-1(b)(1)(i) - (iii) under the Act; (c) a securities record or ledger reflecting separately for each portfolio security as of trade date all “"long” " and “"short” " positions, if any, carried by the Portfolios for the accounts of the Portfolios, and showing the location of all securities long and the off-setting positions of all securities short, in the form required by Rule 31a-1(b)(3) under the Act; (d) a record of all Portfolio purchases or sales, in the form required by Rule 31a-1(b)(6) under the Act; (e) a record of all puts, calls, spreads, straddles and other options, if any, in which the Portfolios have any direct or indirect interest or which the Portfolios have granted or guaranteed, in the form required by Rule 31a-1(b)(7) under the Act; (f) a record of the proof of money balances in all ledger accounts maintained pursuant to this Agreement, in the form required by Rule 31a-1(b)(8) under the Act; (g) price make-up sheets and such records as are necessary to reflect the determination of the net asset values of each class of the Portfolios; (h) Regulatory: semi-annual and annual Form N-SARs and quarterly Form 13-Fs. (i) Shareholder: semi-annual and annual statements of assets and liabilities, operations, changes in net assets, per share data, appreciation/depreciation, and share activity; (j) Media: weekly, monthly, quarterly, semi-semi- annual and annual statistical data of the Funds, to be provided to newsletters and other investment industry publications such as lClICI, D▇▇▇▇▇▇▇, Lipper and the FINRANASD; and (k) Board of TrusteesDirectors: such financial or accounting reports regarding the Portfolios as may be requested by the Fund’s Board of Trustees Directors from time to time. The foregoing books and records shall be maintained and preserved by Dreyfus in accordance with and for the time periods specified by applicable rules and regulations, including Rule 31a-2 under the Act. All such books and records shall be the property of the Fund and, upon request therefor, Dreyfus shall surrender to the Fund such of the books and records so requested.

Reporting and Analysis. (1) Provide regulatory (Securities and Exchange Commission), shareholder and other miscellaneous reporting and, in particular, prepare and maintain the following required books, records, and other documents: (a) journals containing daily itemized records of all Portfolio securities purchases and sales, receipts and deliveries of securities, receipts and disbursements of cash, and all other debits and credits, in the form required by Rule 31a-1(b)(1) under the Act; (b) general and auxiliary ledgers reflecting all asset, liability, reserve, capital, income and expense accounts, in the form required by Rules 31a-1(b)(1)(i) - (iii) under the Act; (c) a securities record or ledger reflecting separately for each portfolio security as of trade date all “"long” " and “"short” " positions, if any, carried by the Portfolios for the accounts of the Portfolios, and showing the location of all securities long and the off-setting positions of all securities short, in the form required by Rule 31a-1(b)(3) under the Act; (d) a record of all Portfolio purchases or sales, in the form required by Rule 31a-1(b)(6) under the Act; (e) a record of all puts, calls, spreads, straddles and other options, if any, in which the Portfolios have any direct or indirect interest or which the Portfolios have granted or guaranteed, in the form required by Rule 31a-1(b)(7) under the Act; (f) a record of the proof of money balances in all ledger accounts maintained pursuant to this Agreement, in the form required by Rule 31a-1(b)(8) under the Act; (g) price make-up sheets and such records as are necessary to reflect the determination of the net asset values of each class of the Portfolios; (h) Regulatory: semi-annual and annual Form N-SARs and quarterly Form 13-Fs. (i) Shareholder: semi-annual and annual statements of assets and liabilities, operations, changes in net assets, per share data, appreciation/depreciation, and share activity;; and (j) Media: weekly, monthly, quarterly, semi-semi- annual and annual statistical data of the Funds, to be provided to newsletters and other investment industry publications such as lClICI, D▇▇▇▇▇▇▇, Lipper and the FINRA; and (k) Board of Trustees: such financial or accounting reports regarding the Portfolios as may be requested by the Fund’s Board of Trustees from time to timeNASD. The foregoing books and records shall be maintained and preserved by Dreyfus in accordance with and for the time periods specified by applicable rules and regulations, including Rule 31a-2 under the Act. All such books and records shall be the property of the Fund and, upon request therefor, Dreyfus shall surrender to the Fund such of the books and records so requested.

Reporting and Analysis. (1) Provide regulatory (Securities and Exchange Commission), shareholder and other miscellaneous reporting and, in particular, prepare and maintain the following required books, records, and other documents: (a) journals containing daily itemized records of all Portfolio securities purchases and sales, receipts and deliveries of securities, receipts and disbursements of cash, and all other debits and credits, in the form required by Rule 31a-1(b)(1) under the Act; (b) general and auxiliary ledgers reflecting all asset, liability, reserve, capital, income and expense accounts, in the form required by Rules 31a-1(b)(1)(i) - (iii) under the Act; (c) a securities record or ledger reflecting separately for each portfolio security as of trade date all “long” long and “short” . positions, if any, carried by the Portfolios for the accounts of the Portfolios, and showing the location of all securities long and the off-setting positions of all securities short, in the form required by Rule 31a-1(b)(3) under the Act; (d) a record of all Portfolio purchases or sales, in the form required by Rule 31a-1(b)(6) under the Act; (e) a record of all puts, calls, spreads, straddles and other options, if any, in which the Portfolios have any direct or indirect interest or which the Portfolios have granted or guaranteed, in the form required by Rule 31a-1(b)(7) under the Act; (f) a record of the proof of money balances in all ledger accounts maintained pursuant to this Agreement, in the form required by Rule 31a-1(b)(8) under the Act; (g) price make-up sheets and such records as are necessary to reflect the determination of the net asset values of each class of the Portfolios; (h) Regulatory: semi-annual and annual Form N-SARs and quarterly Form 13-Fs. (i) Shareholder: semi-annual and annual statements of assets and liabilities, operations, changes in net assets, per share data, appreciation/depreciation, and share activity; (j) Media: weekly, monthly, quarterly, semi-annual and annual statistical data of the Funds, to be provided to newsletters and other investment industry publications such as lClICI, D▇▇▇▇▇▇▇, Lipper and the FINRA; and (k) Board of TrusteesDirectors: such financial or accounting reports regarding the Portfolios as may be requested by the Fund’s 's Board of Trustees Directors from time to time. The foregoing books and records shall be maintained and preserved by Dreyfus in accordance with and for the time periods specified by applicable rules and regulations, including Rule 31a-2 under the Act. All such books and records shall be the property of the Fund and, upon request therefor, Dreyfus shall surrender to the Fund such of the books and records so requested.

Reporting and Analysis. (1) Provide regulatory (Securities and Exchange Commission), shareholder and other miscellaneous reporting and, in particular, prepare and maintain the following required books, records, and other documents: : (a) journals containing daily itemized records of all Portfolio Fund securities purchases and sales, receipts and deliveries of securities, receipts and disbursements of cash, and all other debits and credits, in the form required by Rule 31a-1(b)(1) under the 1940 Act; ; (b) general and auxiliary ledgers reflecting all asset, liability, reserve, capital, income and expense accounts, in the form required by Rules 31a-1(b)(1)(i) - (iii) under the 1940 Act; ; (c) a securities record or ledger reflecting separately for each portfolio security as of trade date all “long” and “short” positions, if any, carried by the Portfolios Fund for the accounts account of the PortfoliosFund, and showing the location of all securities long and the off-setting positions of all securities short, in the form required by Rule 31a-1(b)(3) under the 1940 Act; ; (d) a record of all Portfolio Fund purchases or sales, in the form required by Rule 31a-1(b)(6) under the 1940 Act; ; (e) a record of all puts, calls, spreads, straddles and other options, if any, in which the Portfolios have Fund has any direct or indirect interest or which the Portfolios have Fund has granted or guaranteed, in the form required by Rule 31a-1(b)(7) under the 1940 Act; ; (f) a record of the proof of money balances in all ledger accounts maintained pursuant to this Agreement, in the form required by Rule 31a-1(b)(8) under the 1940 Act; ; (g) price make-up sheets and such records as are necessary to reflect the determination of the net asset values of each class of the Portfolios; Fund; (h) Regulatory: semi-annual and annual Form N-SARs CENs and quarterly Form 13-Fs. 4 (i) Shareholder: semi-annual and annual statements of assets and liabilities, operations, changes in net assets, per share data, appreciation/depreciation, and share activity; ; (j) Media: weekly, monthly, quarterly, semi-annual and annual statistical data of the FundsFund, to be provided to newsletters and other investment industry publications such as lClICI, D▇▇▇▇▇▇▇, Lipper and the FINRA; and and (k) Board of Trustees: such financial or accounting reports regarding the Portfolios Fund as may be requested by the FundTrust’s Board of Trustees from time to time. The foregoing books and records shall be maintained and preserved by Dreyfus the Adviser in accordance with and for the time periods specified by applicable rules and regulations, including Rule 31a-2 under the 1940 Act. All such books and records shall be the property of the Fund and, upon request therefor, Dreyfus the Adviser shall surrender to the Fund such of the books and records so requested. The Adviser will permit representatives of the Fund, including the Fund’s independent auditors, to have reasonable access to the personnel and records of the Adviser in order to enable such representatives to monitor the quality of services being provided and the level of fees due the Adviser pursuant to this Agreement.

Reporting and Analysis. (1) Provide regulatory (Securities and Exchange Commission), shareholder and other miscellaneous reporting and, in particular, prepare and maintain the following required books, records, and other documents: (a) journals containing daily itemized records of all Portfolio securities purchases and sales, receipts and deliveries of securities, receipts and disbursements of cash, and all other debits and credits, in the form required by Rule 31a-1(b)(1) under the Act; (b) general and auxiliary ledgers reflecting all asset, liability, reserve, capital, income and expense accounts, in the form required by Rules 31a-1(b)(1)(i) - (iii) under the Act; (c) a securities record or ledger reflecting separately for each portfolio security as of trade date all “long” and “short” positions, if any, carried by the Portfolios for the accounts of the Portfolios, and showing the location of all securities long and the off-setting positions of all securities short, in the form required by Rule 31a-1(b)(3) under the Act; (d) a record of all Portfolio purchases or sales, in the form required by Rule 31a-1(b)(6) under the Act; (e) a record of all puts, calls, spreads, straddles and other options, if any, in which the Portfolios have any direct or indirect interest or which the Portfolios have granted or guaranteed, in the form required by Rule 31a-1(b)(7) under the Act; (f) a record of the proof of money balances in all ledger accounts maintained pursuant to this Agreement, in the form required by Rule 31a-1(b)(8) under the Act; (g) price make-up sheets and such records as are necessary to reflect the determination of the net asset values of each class of the Portfolios; (h) Regulatory: semi-annual and annual Form N-SARs CENs and quarterly Form 13-Fs. (i) Shareholder: semi-annual and annual statements of assets and liabilities, operations, changes in net assets, per share data, appreciation/depreciation, and share activity; (j) Media: weekly, monthly, quarterly, semi-annual and annual statistical data of the Funds, to be provided to newsletters and other investment industry publications such as lClICI, D▇▇▇▇▇▇▇, Lipper and the FINRA; and (k) Board of Trustees: such financial or accounting reports regarding the Portfolios as may be requested by the Fund’s Board of Trustees from time to time. The foregoing books and records shall be maintained and preserved by Dreyfus BNYM Investment Adviser in accordance with and for the time periods specified by applicable rules and regulations, including Rule 31a-2 under the Act. All such books and records shall be the property of the Fund and, upon request therefor, Dreyfus BNYM Investment Adviser shall surrender to the Fund such of the books and records so requested.