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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT 
INVESTMENT COMPANY

Investment Company Act file number  811-5245 

Dreyfus Strategic Municipals, Inc.
(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)

Michael A. Rosenberg, Esq.
200 Park Avenue
New York, New York 10166
(Name and address of agent for service)

Registrant's telephone number, including area code:  (212) 922-6000 
Date of fiscal year end:  9/30   
Date of reporting period:  6/30/2009   


FORM N-Q

Item 1.  Schedule of Investments. 

-2-


STATEMENT OF INVESTMENTS       
Dreyfus Strategic Municipals, Inc.         
June 30, 2009 (Unaudited)         
Long-Term Municipal  Coupon  Maturity  Principal   
Investments--160.6%  Rate (%)  Date  Amount ($)  Value ($) 

Alabama--1.8%         
Houston County Health Care         
       Authority, GO (Insured; AMBAC)         
       (Prerefunded)  6.25  10/1/09  8,000,000 a  8,198,960 
Alaska--.3%         
Alaska Housing Finance         
       Corporation, General Mortgage         
       Revenue (Insured; National         
       Public Finance Guarantee Corp.)  6.00  6/1/49  1,335,000  1,343,410 
Arizona--5.0%         
Arizona Housing Finance Authority,         
       SFMR (Mortgage-Backed         
       Securities Program)         
       (Collateralized: FHLMC, FNMA         
       and GNMA)  5.55  12/1/41  6,000,000  5,911,740 
Glendale Western Loop 101 Public         
       Facilities Corporation, Third         
       Lien Excise Tax Revenue  6.25  7/1/38  5,000,000  5,157,800 
Maricopa County Pollution Control         
       Corporation, PCR (Public         
       Service Company of New Mexico         
       Palo Verde Project)  5.75  11/1/22  6,000,000  5,425,860 
Scottsdale Industrial Development         
       Authority, HR (Scottsdale         
       Healthcare) (Prerefunded)  5.80  12/1/11  6,000,000 a  6,706,440 
Arkansas--.5%         
Arkansas Development Finance         
       Authority, SFMR (Mortgage         
       Backed Securities Program)         
       (Collateralized: FNMA and GNMA)  6.25  1/1/32  2,110,000  2,115,254 
California--14.9%         
Beverly Hills Unified School         


       District, GO  0.00  8/1/30  10,850,000 b  3,378,798 
California,         
       GO (Various Purpose)  5.75  4/1/31  10,800,000  10,460,448 
California,         
       GO (Various Purpose)  6.50  4/1/33  10,000,000  10,507,100 
California Pollution Control         
       Financing Authority, SWDR         
       (Keller Canyon Landfill         
       Company Project)  6.88  11/1/27  2,000,000  2,000,620 
California Statewide Communities         
       Development Authority,         
       Environmental Facilities         
       Revenue (Microgy Holdings         
       Project)  9.00  12/1/38  3,000,000  2,415,660 
California Statewide Communities         
       Development Authority, Revenue         
       (Bentley School)  6.75  7/1/32  1,960,000  1,594,166 
California Statewide Communities         
       Development Authority, Revenue         
       (Daughters of Charity Health         
       System)  5.25  7/1/30  3,000,000  2,374,140 
California Statewide Communities         
       Development Authority, Revenue         
       (Daughters of Charity Health         
       System)  5.00  7/1/39  5,000,000  3,507,400 
California Statewide Communities         
       Development Authority, Student         
       Housing Revenue (CHF-Irvine,         
       LLC-UCI East Campus         
       Apartments, Phase II)  5.75  5/15/32  2,500,000  2,158,575 
Golden State Tobacco         
       Securitization Corporation,         
       Tobacco Settlement         
       Asset-Backed Bonds  4.50  6/1/27  5,000,000  4,154,250 
Golden State Tobacco         
       Securitization Corporation,         
       Tobacco Settlement         
       Asset-Backed Bonds  5.00  6/1/33  5,775,000  3,785,108 
Golden State Tobacco         
       Securitization Corporation,         


       Tobacco Settlement         
       Asset-Backed Bonds  5.75  6/1/47   7,050,000  4,257,565 
Golden State Tobacco         
       Securitization Corporation,         
       Tobacco Settlement         
       Asset-Backed Bonds         
       (Prerefunded)  7.80  6/1/13   8,100,000 a  9,734,418 
Golden State Tobacco         
       Securitization Corporation,         
       Tobacco Settlement         
       Asset-Backed Bonds         
       (Prerefunded)  7.90  6/1/13   2,000,000 a  2,410,660 
San Diego Public Facilities         
       Financing Authority, Senior         
       Sewer Revenue  5.25  5/15/34   2,500,000  2,476,200 
Tuolumne Wind Project Authority,         
       Revenue (Tuolumne Company         
       Project)  5.88  1/1/29   3,500,000 c  3,559,850 
Colorado--5.0%         
Beacon Point Metropolitan         
       District, GO  6.25  12/1/35   2,000,000  1,358,400 
Colorado Educational and Cultural         
       Facilities Authority, Charter         
       School Revenue (American         
       Academy Project)  8.00  12/1/40   3,500,000  3,843,630 
Colorado Health Facilities         
       Authority, Revenue (American         
       Baptist Homes of the Midwest         
       Obligated Group)  5.90  8/1/37   3,000,000  2,116,620 
Colorado Housing and Finance         
       Authority, Single Family         
       Program Senior and Subordinate         
       Bonds (Collateralized; FHA)  6.60  8/1/32   1,445,000  1,500,040 
Northwest Parkway Public Highway         
       Authority, Revenue         
       (Prerefunded)  7.13  6/15/11  10,455,000 a  11,609,546 
Southlands Metropolitan District         
       Number 1, GO (Prerefunded)  7.13  12/1/14   2,000,000 a  2,483,820 
Florida--7.8%         
Clearwater,         


       Water and Sewer Revenue  5.25  12/1/39   5,000,000  4,919,150 
Florida Housing Finance         
       Corporation, Housing Revenue         
       (Nelson Park Apartments)         
       (Insured; FSA)  6.40  3/1/40  12,380,000  12,520,761 
Greater Orlando Aviation         
       Authority, Airport Facilities         
       Revenue  6.25  10/1/20   8,000,000  8,351,120 
Jacksonville Economic Development         
       Commission, Health Care         
       Facilities Revenue (Florida         
       Proton Therapy Institute         
       Project)  6.25  9/1/27   3,000,000 d  2,416,920 
Orange County Health Facilities         
       Authority, HR (Orlando         
       Regional Healthcare System)  6.00  10/1/26   1,955,000  1,934,101 
Orange County Health Facilities         
       Authority, HR (Orlando         
       Regional Healthcare System)         
       (Prerefunded)  6.00  10/1/09         45,000 a  46,078 
Orange County School Board,         
       COP (Master Lease Purchase         
       Agreement) (Insured; Assured         
       Guaranty)  5.50  8/1/34   6,000,000  6,041,700 
Georgia--5.2%         
Atlanta,         
       Water and Wastewater Revenue  6.00  11/1/27   6,000,000  5,992,800 
Brooks County Development         
       Authority, Senior Health and         
       Housing Facilities Revenue         
       (Presbyterian Home, Quitman,         
       Inc.) (Collateralized; GNMA)  5.70  1/20/39   4,445,000  4,504,652 
Fulton County Development         
       Authority, Revenue (Georgia         
       Tech North Avenue Apartments         
       Project) (Insured; XLCA)  5.00  6/1/32   2,500,000  2,433,375 
Georgia Higher Education         
       Facilities Authority, Revenue         
       (USG Real Estate Foundation I,         
       LLC Project) (Insured; Assured         


       Guaranty)  5.63  6/15/38   6,000,000  6,146,100 
Milledgeville-Baldwin County         
       Development Authority, Revenue         
       (Georgia College and State         
       Foundation)  6.00  9/1/13   2,090,000  2,445,425 
Milledgeville-Baldwin County         
       Development Authority, Revenue         
       (Georgia College and State         
       Foundation) (Prerefunded)  6.00  9/1/14   2,000,000 a  2,402,560 
Hawaii--.3%         
Hawaii Department of         
       Transportation, Special         
       Facility Revenue (Caterair         
       International Corporation)  10.13  12/1/10   1,400,000  1,353,044 
Idaho--1.0%         
Power County Industrial         
       Development Corporation, SWDR         
       (FMC Corporation Project)  6.45  8/1/32   5,000,000  4,395,350 
Illinois--10.1%         
Chicago,         
       GO (Insured; FGIC)         
       (Prerefunded)  6.13  7/1/10  14,565,000 a  15,520,027 
Chicago,         
       SFMR (Collateralized: FHLMC,         
       FNMA and GNMA)  6.55  4/1/33   1,960,000  2,029,796 
Chicago,         
       Wastewater Transmission         
       Revenue (Insured; National         
       Public Finance Guarantee         
       Corp.) (Prerefunded)  6.00  1/1/10   3,000,000 a  3,112,140 
Illinois Finance Authority,         
       Revenue (Edward Hospital         
       Obligated Group) (Insured;         
       AMBAC)  5.50  2/1/40   3,500,000  3,049,480 
Illinois Health Facilities         
       Authority, Revenue (Advocate         
       Health Care Network)         
       (Prerefunded)  6.13  11/15/10   4,020,000 a  4,322,264 
Illinois Health Facilities         
       Authority, Revenue (OSF         


       Healthcare System)         
       (Prerefunded)  6.25  11/15/09   7,730,000 a  7,973,572 
Illinois Health Facilities         
       Authority, Revenue (Swedish         
       American Hospital)         
       (Prerefunded)  6.88  5/15/10   4,945,000 a  5,222,316 
Metropolitan Pier and Exposition         
       Authority, State Tax Revenue         
       (McCormick Place Expansion         
       Project) (Insured; National         
       Public Finance Guarantee Corp.)  5.25  6/15/42   5,325,000  5,259,077 
Indiana--2.3%         
Franklin Township School Building         
       Corporation, First Mortgage         
       Bonds (Prerefunded)  6.13  7/15/10   6,500,000 a  7,011,550 
Petersburg,         
       SWDR (Indianapolis Power and         
       Light Company Project)  6.38  11/1/29   4,150,000  3,497,537 
Kansas--5.3%         
Kansas Development Finance         
       Authority, Health Facilities         
       Revenue (Sisters of Charity of         
       Leavenworth Health Services         
       Corporation)  6.25  12/1/28   3,000,000  3,043,560 
Sedgwick and Shawnee Counties,         
       SFMR (Mortgage-Backed         
       Securities Program)         
       (Collateralized: FNMA and GNMA)  6.30  12/1/32   3,055,000  3,102,719 
Sedgwick and Shawnee Counties,         
       SFMR (Mortgage-Backed         
       Securities Program)         
       (Collateralized: FNMA and GNMA)  6.45  12/1/33   6,215,000  6,496,477 
Sedgwick and Shawnee Counties,         
       SFMR (Mortgage-Backed         
       Securities Program)         
       (Collateralized: FNMA and GNMA)  5.70  12/1/35   1,785,000  1,675,347 
Wichita,         
       Hospital Facilities         
       Improvement Revenue (Via         
       Christi Health System, Inc.)  6.25  11/15/24  10,000,000  10,124,700 


Kentucky--2.0%         
Kentucky Area Development         
       Districts Financing Trust, COP         
       (Lease Acquisition Program)  5.50  5/1/27  2,000,000  1,980,560 
Louisville/Jefferson County Metro         
       Government, Health Facilities         
       Revenue (Jewish Hospital and         
       Saint Mary's HealthCare, Inc.         
       Project)  6.13  2/1/37  2,300,000  2,302,116 
Paducah Electric Plant Board,         
       Revenue (Insured; Assured         
       Guaranty)  5.25  10/1/35  5,000,000  5,029,900 
Louisiana--1.7%         
Lakeshore Villages Master         
       Community Development         
       District, Special Assessment         
       Revenue  5.25  7/1/17  2,979,000  2,316,232 
Louisiana Local Government         
       Environmental Facilities and         
       Community Development         
       Authority, Revenue (Westlake         
       Chemical Corporation Projects)  6.75  11/1/32  7,000,000  5,663,770 
Maine--.6%         
Maine Housing Authority,         
       Mortgage Purchase Bonds  5.30  11/15/23  2,825,000  2,848,871 
Maryland--1.9%         
Maryland Community Development         
       Administration, Department of         
       Housing and Community         
       Development, Residential         
       Revenue  5.75  9/1/37  2,215,000  2,244,393 
Maryland Economic Development         
       Corporation, Senior Student         
       Housing Revenue (University of         
       Maryland, Baltimore Project)  5.75  10/1/33  4,590,000  2,857,000 
Maryland Economic Development         
       Corporation, Student Housing         
       Revenue (University of         
       Maryland, College Park         
       Project) (Prerefunded)  6.50  6/1/13  3,000,000 a  3,548,100 


Massachusetts--2.2%         
Massachusetts Health and         
       Educational Facilities         
       Authority, Revenue (Civic         
       Investments Issue)         
       (Prerefunded)  9.00  12/15/12   1,600,000 a  1,927,872 
Massachusetts Health and         
       Educational Facilities         
       Authority, Revenue (Partners         
       HealthCare System Issue)  5.75  7/1/32  185,000  187,028 
Massachusetts Housing Finance         
       Agency, Rental Housing         
       Mortgage Revenue (Insured;         
       AMBAC)  5.50  7/1/40  4,000,000  3,080,920 
Massachusetts Industrial Finance         
       Agency, RRR (Ogden Haverhill         
       Project)  5.60  12/1/19  6,000,000  4,860,720 
Michigan--8.4%         
Charyl Stockwell Academy,         
       COP  5.90  10/1/35  2,580,000  1,742,326 
Detroit,         
       Sewage Disposal System Senior         
       Lien Revenue (Insured; FSA)  7.50  7/1/33  4,500,000  5,189,085 
Detroit School District,         
       School Building and Site         
       Improvement Bonds (GO -         
       Unlimited Tax) (Insured; FGIC)  5.00  5/1/28  6,930,000  6,306,577 
Kent Hospital Finance Authority,         
       Revenue (Metropolitan Hospital         
       Project)  6.00  7/1/35  5,930,000  4,417,850 
Kent Hospital Finance Authority,         
       Revenue (Metropolitan Hospital         
       Project)  6.25  7/1/40  3,000,000  2,267,280 
Michigan Strategic Fund,         
       LOR (The Detroit Edison         
       Company Exempt Facilities         
       Project) (Insured; XLCA)  5.25  12/15/32  3,000,000  2,718,600 
Michigan Strategic Fund,         
       SWDR (Genesee Power Station         
       Project)  7.50  1/1/21  12,400,000  10,203,464 


Royal Oak Hospital Finance         
       Authority, HR (William         
       Beaumont Hospital Obligated         
       Group)  8.25  9/1/39  5,500,000  6,172,430 
Minnesota--5.8%         
Dakota County Community         
       Development Agency, SFMR         
       (Mortgage-Backed Securities         
       Program) (Collateralized:         
       FHLMC, FNMA and GNMA)  5.15  12/1/38  2,328,983  2,307,976 
Dakota County Community         
       Development Agency, SFMR         
       (Mortgage-Backed Securities         
       Program) (Collateralized:         
       FHLMC, FNMA and GNMA)  5.30  12/1/39  2,596,246  2,593,883 
Duluth Economic Development         
       Authority, Health Care         
       Facilities Revenue (Saint         
       Luke's Hospital)  7.25  6/15/32  5,000,000  4,423,300 
Minneapolis.         
       Health Care System Revenue         
       (Fairview Health Services)         
       (Insured; Assured Guaranty)  6.50  11/15/38  5,000,000  5,492,700 
North Oaks,         
       Senior Housing Revenue         
       (Presbyterian Homes of North         
       Oaks, Inc. Project)  6.25  10/1/47  5,265,000  4,266,019 
Saint Paul Housing and         
       Redevelopment Authority,         
       Hospital Facility Revenue         
       (HealthEast Project)  6.00  11/15/30  3,500,000  2,754,010 
Saint Paul Housing and         
       Redevelopment Authority,         
       Hospital Facility Revenue         
       (HealthEast Project)  6.00  11/15/35  500,000  381,255 
Winona,         
       Health Care Facilities Revenue         
       (Winona Health Obligated Group)  6.00  7/1/26  5,000,000  4,779,600 
Mississippi--4.7%         
Clairborne County,         
       PCR (System Energy Resources,         


       Inc. Project)  6.20  2/1/26   4,545,000  4,159,948 
Mississippi Business Finance         
       Corporation, PCR (System         
       Energy Resources, Inc. Project)  5.88  4/1/22  14,310,000  13,015,231 
Warren County,         
       Gulf Opportunity Zone Revenue         
       (International Paper Company         
       Projects)  6.50  9/1/32   5,000,000  4,553,900 
Missouri--3.2%         
Missouri Development Finance         
       Board, Infrastructure         
       Facilities Revenue (Branson         
       Landing Project)  5.38  12/1/27   2,000,000  1,752,500 
Missouri Development Finance         
       Board, Infrastructure         
       Facilities Revenue (Branson         
       Landing Project)  5.50  12/1/32   4,500,000  3,856,500 
Missouri Development Finance         
       Board, Infrastructure         
       Facilities Revenue         
       (Independence, Crackerneck         
       Creek Project)  5.00  3/1/28   2,000,000  1,855,420 
Missouri Health and Educational         
       Facilities Authority, Health         
       Facilities Revenue (Saint         
       Anthony's Medical Center)         
       (Prerefunded)  6.25  12/1/10   6,750,000 a  7,320,578 
Montana--.2%         
Montana Board of Housing,         
       SFMR  6.45  6/1/29   1,105,000  1,121,177 
Nevada--2.7%         
Washoe County,         
       GO Convention Center Revenue         
       (Reno-Sparks Convention and         
       Visitors Authority) (Insured;         
       FSA) (Prerefunded)  6.40  1/1/10  12,000,000 a  12,352,920 
New Hampshire--3.0%         
New Hampshire Business Finance         
       Authority, PCR (Public Service         
       Company of New Hampshire)         


       (Insured; AMBAC)                    6.00  5/1/21  7,000,000  6,947,290 
New Hampshire Health and       
       Educational Facilities       
       Authority, Revenue (Exeter       
       Project)  6.00  10/1/24  1,000,000  1,005,090 
New Hampshire Health and       
       Educational Facilities       
       Authority, Revenue (Exeter       
       Project)  5.75  10/1/31  1,000,000  955,240 
New Hampshire Industrial       
       Development Authority, PCR       
       (Connecticut Light and Power       
       Company Project)  5.90  11/1/16  5,000,000  5,000,200 
New Jersey--3.5%         
New Jersey Economic Development       
       Authority, Cigarette Tax       
       Revenue  5.75  6/15/34  5,500,000  4,219,380 
New Jersey Higher Education       
       Student Assistance Authority,       
       Student Loan Revenue (Insured;       
       Assured Guaranty) 6.13  6/1/30  5,000,000  4,990,900 
Tobacco Settlement Financing       
       Corporation of New Jersey,       
       Tobacco Settlement       
       Asset-Backed Bonds       
       (Prerefunded)  7.00  6/1/13  5,640,000 a  6,762,755 
New Mexico--1.1%         
Farmington,         
       PCR (Tucson Electric Power       
       Company San Juan Project) 6.95  10/1/20  3,000,000  3,001,200 
New Mexico Mortgage Finance       
       Authority, Single Family       
       Mortgage Program Revenue       
       (Collateralized: FHLMC, FNMA       
       and GNMA)  7.00  9/1/31  915,000  925,760 
New Mexico Mortgage Finance       
       Authority, Single Family       
       Mortgage Program Revenue       
       (Collateralized: FHLMC, FNMA       
       and GNMA)  6.15  7/1/35  1,130,000  1,148,170 


New York--4.3%         
New York City Industrial         
       Development Agency, Liberty         
       Revenue (7 World Trade Center         
       Project)  6.25  3/1/15  3,275,000  2,859,566 
New York City Industrial         
       Development Agency, PILOT         
       Revenue (Yankee Stadium         
       Project) (Insured; Assured         
       Guaranty)  7.00  3/1/49  5,000,000  5,622,050 
New York City Industrial         
       Development Agency, Special         
       Facility Revenue (American         
       Airlines, Inc. John F. Kennedy         
       International Airport Project)  8.00  8/1/28  1,300,000  1,152,788 
Tobacco Settlement Financing         
       Corporation of New York,         
       Asset-Backed Revenue Bonds         
       (State Contingency Contract         
       Secured) (Insured; AMBAC)  5.25  6/1/21  5,000,000  5,037,950 
Triborough Bridge and Tunnel         
       Authority, Revenue  5.25  11/15/30  5,220,000  5,290,835 
North Carolina--.7%         
North Carolina Housing Finance         
       Agency, Home Ownership Revenue  5.88  7/1/31  3,415,000  3,420,259 
North Dakota--.1%         
North Dakota Housing Finance         
       Agency, Home Mortgage Revenue         
       (Housing Finance Program)  6.15  7/1/31  405,000  414,882 
Ohio--3.3%         
Buckeye Tobacco Settlement         
       Financing Authority, Tobacco         
       Settlement Asset-Backed Bonds  5.88  6/1/30  3,000,000  2,131,920 
Buckeye Tobacco Settlement         
       Financing Authority, Tobacco         
       Settlement Asset-Backed Bonds  6.50  6/1/47  9,900,000  6,110,775 
Canal Winchester Local School         
       District, School Facilities         
       Construction and Improvement         
       and Advance Refunding Bonds         


       (GO - Unlimited Tax) (Insured;         
       National Public Finance         
       Guarantee Corp.)  0.00  12/1/29  3,955,000 b  1,208,806 
Canal Winchester Local School         
       District, School Facilities         
       Construction and Improvement         
       and Advance Refunding Bonds         
       (GO - Unlimited Tax) (Insured;         
       National Public Finance         
       Guarantee Corp.)  0.00  12/1/31  3,955,000 b  1,049,934 
Port of Greater Cincinnati         
       Development Authority, Tax         
       Increment Development Revenue         
       (Fairfax Village Red Bank         
       Infrastructure Project)  5.63  2/1/36  3,000,000  1,994,970 
Toledo Lucas County Port         
       Authority, Airport Revenue         
       (Baxter Global Project)  6.25  11/1/13  3,100,000  2,844,622 
Oklahoma--1.4%         
Oklahoma Housing Finance Agency,         
       SFMR (Homeownership Loan         
       Program)  7.55  9/1/28  825,000  836,006 
Oklahoma Housing Finance Agency,         
       SFMR (Homeownership Loan         
       Program) (Collateralized: FNMA         
       and GNMA)  7.55  9/1/27  520,000  532,392 
Oklahoma Industries Authority,         
       Health System Revenue         
       (Obligated Group) (Insured;         
       National Public Finance         
       Guarantee Corp.) (Prerefunded)  5.75  8/15/09  5,160,000 a  5,246,378 
Pennsylvania--.8%         
Pennsylvania Economic Development         
       Financing Authority, SWDR (USG         
       Corporation Project)  6.00  6/1/31  2,560,000  1,705,216 
Philadelphia Authority for         
       Industrial Development,         
       Revenue (Please Touch Museum         
       Project)  5.25  9/1/31  2,500,000  1,987,050 
Rhode Island--1.2%         
Rhode Island Health and         


       Educational Building         
       Corporation, Hospital         
       Financing Revenue (Lifespan         
       Obligated Group Issue)         
       (Insured; Assured Guaranty)  7.00  5/15/39   5,000,000  5,498,750 
South Carolina--2.3%         
South Carolina Public Service         
       Authority, Revenue Obligations  5.50  1/1/38  10,000,000  10,490,200 
Tennessee--5.5%         
Johnson City Health and         
       Educational Facilities Board,         
       Hospital First Mortgage         
       Revenue (Mountain States         
       Health Alliance) (Prerefunded)  7.50  7/1/12   5,000,000 a  5,672,750 
Johnson City Health and         
       Educational Facilities Board,         
       Hospital First Mortgage         
       Revenue (Mountain States         
       Health Alliance) (Prerefunded)  7.50  7/1/12   3,000,000 a  3,403,650 
Knox County Health, Educational         
       and Housing Facility Board,         
       Revenue (University Health         
       System, Inc.)  5.25  4/1/36   5,060,000  4,152,185 
Memphis Center City Revenue         
       Finance Corporation, Sports         
       Facility Revenue (Memphis         
       Redbirds Baseball Foundation         
       Project)  6.50  9/1/28  10,000,000 e  4,725,200 
Metropolitan Government of         
       Nashville and Davidson County         
       Health and Educational         
       Facilities Board, Revenue (The         
       Vanderbilt University)  5.50  10/1/34   7,000,000  7,404,180 
Texas--17.4%         
Austin Convention Enterprises         
       Inc., Convention Center Hotel         
       First Tier Revenue         
       (Prerefunded)  6.70  1/1/11   4,000,000 a  4,347,720 
Austin Convention Enterprises,         
       Inc., Convention Center Hotel         
       Second Tier Revenue  5.75  1/1/34   3,000,000  2,091,900 


Brazos River Authority,         
       PCR (TXU Electric Company         
       Project)  8.25  5/1/33  7,000,000  3,798,760 
Cities of Dallas and Fort Worth,         
       Dallas/Fort Worth         
       International Airport, Joint         
       Revenue (Insured; National         
       Public Finance Guarantee Corp.)  6.25  11/1/28  3,000,000  3,004,320 
Dallas Area Rapid Transit,         
       Senior Lien Sales Tax Revenue  5.25  12/1/48  10,000,000  10,046,000 
Gulf Coast Industrial Development         
       Authority, Environmental         
       Facilities Revenue (Microgy         
       Holdings Project)  7.00  12/1/36  6,000,000  2,652,060 
Harris County Health Facilities         
       Development Corporation, HR         
       (Memorial Hermann Healthcare         
       System)  7.25  12/1/35  2,000,000  2,152,420 
Harris County Health Facilities         
       Development Corporation, HR         
       (Memorial Hermann Healthcare         
       System) (Prerefunded)  6.38  6/1/11  8,500,000 a  9,426,415 
Houston,         
       Airport System Special         
       Facilities Revenue         
       (Continental Airlines, Inc.         
       Terminal E Project)  7.00  7/1/29  3,800,000  3,169,276 
Houston,         
       Combined Utility System First         
       Lien Revenue (Insured; Assured         
       Guaranty)  6.00  11/15/36  5,000,000  5,433,150 
North Texas Tollway Authority,         
       First Tier System Revenue         
       (Insured; Assured Guaranty)  5.75  1/1/40  10,300,000  10,678,113 
North Texas Tollway Authority,         
       Second Tier System Revenue  5.75  1/1/38  5,500,000  5,291,550 
Sabine River Authority,         
       PCR (TXU Electric Company         
       Project)  6.45  6/1/21  11,300,000  5,335,634 
Sam Rayburn Municipal Power         


       Agency, Power Supply System         
       Revenue  5.75  10/1/21  6,000,000  5,901,120 
Texas Department of Housing and         
       Community Affairs, Home         
       Mortgage Revenue         
       (Collateralized: FHLMC, FNMA         
       and GNMA)  12.65  7/2/24  800,000 f  855,448 
Texas Turnpike Authority,         
       Central Texas Turnpike System         
       Revenue (Insured; AMBAC)  5.75  8/15/38  7,100,000  6,865,984 
Vermont--.1%         
Vermont Housing Finance Agency,         
       SFHR (Insured; FSA)  6.40  11/1/30  675,000  688,331 
Virginia--2.5%         
Greater Richmond Convention Center         
       Authority, Hotel Tax Revenue         
       (Convention Center Expansion         
       Project) (Prerefunded)  6.25  6/15/10  10,500,000 a  11,188,275 
Pittsylvania County Industrial         
       Development Authority, Exempt         
       Facility Revenue (Multitrade         
       of Pittsylvania County, L.P.         
       Project)  7.65  1/1/10  200,000  205,134 
Washington--5.0%         
Seattle,         
       Water System Revenue (Insured;         
       FGIC) (Prerefunded)  6.00  7/1/09  10,000,000 a  10,101,600 
Washington Health Care Facilities         
       Authority, Mortgage Revenue         
       (Highline Medical Center)         
       (Collateralized; FHA)  6.25  8/1/36  6,000,000  6,291,840 
Washington Higher Education         
       Facilities Authority, Revenue         
       (Seattle University Project)         
       (Insured; AMBAC)  5.25  11/1/37  4,210,000  3,990,112 
Washington Housing Finance         
       Commission, Revenue         
       (Single-Family Program)         
       (Collateralized: FHLMC, FNMA         
       and GNMA)  5.15  6/1/37  3,000,000  2,912,550 


West Virginia--1.4%         
The County Commission of Pleasants         
       County, PCR (Allegheny Energy         
       Supply Company, LLC Pleasants         
       Station Project)  5.25  10/15/37  5,000,000  4,351,650 
West Virginia Water Development         
       Authority, Water Development         
       Revenue (Insured; AMBAC)  6.38  7/1/39  2,250,000  2,256,368 
Wisconsin--8.5%         
Badger Tobacco Asset         
       Securitization Corporation,         
       Tobacco Settlement         
       Asset-Backed Bonds  6.13  6/1/27  8,425,000  9,158,396 
Badger Tobacco Asset         
       Securitization Corporation,         
       Tobacco Settlement         
       Asset-Backed Bonds         
       (Prerefunded)  7.00  6/1/12  22,995,000 a  26,137,497 
Madison,         
       IDR (Madison Gas and Electric         
       Company Projects)  5.88  10/1/34  2,390,000  2,338,974 
Wisconsin Health and Educational         
       Facilities Authority, Revenue         
       (Aurora Health Care, Inc.)  6.40  4/15/33  2,000,000  1,903,800 
Wyoming--1.9%         
Sweetwater County,         
       SWDR (FMC Corporation Project)  5.60  12/1/35  4,500,000  3,647,250 
Wyoming Municipal Power Agency,         
       Power Supply System Revenue  5.50  1/1/33  2,360,000  2,356,908 
Wyoming Municipal Power Agency,         
       Power Supply System Revenue  5.38  1/1/42  2,750,000  2,649,900 
U.S. Related--3.7%         
Government of Guam,         
       LOR (Section 30)  5.75  12/1/34  2,000,000  1,960,640 
Guam Housing Corporation,         
       SFMR (Guaranteed         
       Mortgage-Backed Securities         
       Program) (Collateralized;         
       FHLMC)  5.75  9/1/31  965,000  986,877 


Puerto Rico Commonwealth,         
       Public Improvement GO  5.50  7/1/32  2,000,000  1,807,000 
Puerto Rico Highways and         
       Transportation Authority,         
       Transportation Revenue         
       (Prerefunded)  6.00  7/1/10  6,000,000 a  6,377,100 
Puerto Rico Sales Tax Financing         
       Corporation, Sales Tax Revenue         
       (First Subordinate Series)  6.00  8/1/42  6,000,000  5,881,320 
Total Investments (cost $774,628,637)    160.6%  742,732,878 
Cash and Receivables (Net)      1.0%  4,710,505 
Preferred Stock, at redemption value    (61.6%)  (285,000,000) 
Net Assets Applicable to Common Shareholders    100.0%  462,443,383 

a      These securities are prerefunded; the date shown represents the prerefunded date. Bonds which are prerefunded are collateralized by U.S. Government securities which are held in escrow and are used to pay principal and interest on the municipal issue and to retire the bonds in full at the earliest refunding date.
b      Security issued with a zero coupon. Income is recognized through the accretion of discount.
c      Purchased on a delayed delivery basis.
d      Security exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in transactions exempt from registration, normally to qualified institutional buyers. At June 30, 2009, this security amounted to $2,416,920 or .5% of net assets applicable to Common Shareholders.
e      Non-income producing--security in default.
f      Inverse floater security--the interest rate is subject to change periodically.

At June 30, 2009, the aggregate cost of investment securities for income tax purposes was $774,628,637. Net unrealized depreciation on investments was $31,895,759 of which $28,734,141 related to appreciated investment securities and $60,629,900 related to depreciated investment securities.

Summary of Abbreviations     
ABAG  Association Of Bay Area Governments  ACA  American Capital Access 
AGC  ACE Guaranty Corporation  AGIC  Asset Guaranty Insurance Company 
AMBAC  American Municipal Bond Assurance Corporation  ARRN  Adjustable Rate Receipt Notes 
BAN  Bond Anticipation Notes  BIGI  Bond Investors Guaranty Insurance 


BPA  Bond Purchase Agreement  CGIC  Capital Guaranty Insurance Company 
CIC  Continental Insurance Company  CIFG  CDC Ixis Financial Guaranty 
CMAC  Capital Markets Assurance Corporation  COP  Certificate of Participation 
CP  Commercial Paper  EDR  Economic Development Revenue 
EIR  Environmental Improvement Revenue  FGIC  Financial Guaranty Insurance Company 
FHA  Federal Housing Administration  FHLB  Federal Home Loan Bank 
FHLMC  Federal Home Loan Mortgage Corporation  FNMA  Federal National Mortgage Association 
FSA  Financial Security Assurance  GAN  Grant Anticipation Notes 
GIC  Guaranteed Investment Contract  GNMA  Government National Mortgage Association 
GO  General Obligation  HR  Hospital Revenue 
IDB  Industrial Development Board  IDC  Industrial Development Corporation 
IDR  Industrial Development Revenue  LOC  Letter of Credit 
LOR  Limited Obligation Revenue  LR  Lease Revenue 
MFHR  Multi-Family Housing Revenue  MFMR  Multi-Family Mortgage Revenue 
PCR  Pollution Control Revenue  PILOT  Payment in Lieu of Taxes 
RAC  Revenue Anticipation Certificates  RAN  Revenue Anticipation Notes 
RAW  Revenue Anticipation Warrants  RRR  Resources Recovery Revenue 
SAAN  State Aid Anticipation Notes  SBPA  Standby Bond Purchase Agreement 
SFHR  Single Family Housing Revenue  SFMR  Single Family Mortgage Revenue 
SONYMA  State of New York Mortgage Agency  SWDR  Solid Waste Disposal Revenue 


TAN  Tax Anticipation Notes  TAW  Tax Anticipation Warrants 
TRAN  Tax and Revenue Anticipation Notes  XLCA  XL Capital Assurance 


Various inputs are used in determining the value of the fund's investments relating to Financial Accounting Standard No. 157 (FAS 157), 
                  Fair Value Measurements. 
                  These inputs are summarized in the three broad levels listed below. 
                  Level 1 - quoted prices in active markets for identical investments. 
                  Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, 
                  credit risk, etc.) 
                  Level 3 - significant unobservable inputs (including fund's own assumptions in determining the fair value of investments). 
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing 
in those securities. 
The following is a summary of the inputs used as of June 30, 2009 in valuing the fund's investments: 

      Level 3 -   
  Level 1 -  Level 2 - Other  Significant   
  Quoted  Significant Observable  Unobservable   
Assets ($)  Prices  Inputs  Inputs  Total 
Investments in Securities:         
Municipal Bonds  -  742,732,878  -  742,732,878 
Other Financial Instruments+  -  -  -  - 
Liabilities ($)         
Other Financial Instruments+  -  -  -  - 

† Other financial instruments include derivative instruments, such as futures, forward currency exchange contracts, swap contracts and options contracts. Amounts shown represents unrealized appreciation (depreciation), or in the case of options, market value at period end.


The fund adopted Statement of Financial Accounting Standards No. 161 “Disclosures about Derivative Instruments and Hedging Activities” (“FAS 161”). FAS 161 requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments and disclosures about credit-risk-related contingent features in derivative agreements. Since the fund held no derivatives during the period, FAS 161 disclosures did not impact the notes to the financial statements.

Portfolio valuation: Investments in municipal debt securities are valued on the last business day of each week and month by an independent pricing service (the “Service”). Investments for which quoted bid prices are readily available and are representative of the bid side of the market in the judgment of the Service are valued at the mean between the quoted bid prices (as obtained by the Service from dealers in such securities) and asked prices (as calculated by the Service based upon its evaluation of the market for such securities). Other investments (which constitute a majority of the portfolio securities) are carried at fair value as determined by the Service, based on methods which include consideration of: yields or prices of municipal securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. Options and financial futures on municipal and U.S.Treasury securities are valued at the last sales price on the securities exchange on which such securities are primarily traded or at the last sales price on the national securities market on the last business day of each week and month.

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the Securities and Exchange Commission on Form N-CSR.


Item 2.  Controls and Procedures. 

(a) The Registrant's principal executive and principal financial officers have concluded, based on their evaluation of the Registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the Registrant's disclosure controls and procedures are reasonably designed to ensure that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the required time periods and that information required to be disclosed by the Registrant in the reports that it files or submits on Form N-Q is accumulated and communicated to the Registrant's management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

(b) The Registrant has revised its internal control over financial reporting with respect to investments in certain inverse floater structures to account for such investments as secured borrowings and to report the related income and expense.

Item 3.  Exhibits. 

(a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940.

-3-


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dreyfus Strategic Municipals, Inc.

By:  /s/ J. David Officer 
  J. David Officer 
President         
 
Date:  August 12, 2009 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By:  /s/ J. David Officer 
  J. David Officer 
President         
 
Date:  August 12, 2009 

By:  /s/ James Windels 
  James Windels 
Treasurer       
 
Date:  August 12, 2009 

EXHIBIT INDEX

        (a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940. (EX-99.CERT)

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