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DWS Strategic Municipal Income Trust - KSM STOCK NEWS

Welcome to our dedicated page for DWS Strategic Municipal Income Trust news (Ticker: KSM), a resource for investors and traders seeking the latest updates and insights on DWS Strategic Municipal Income Trust stock.

DWS Strategic Municipal Income Trust (symbol: KSM) is a prominent closed-end, diversified management investment company under the umbrella of DWS Investments, the mutual fund arm of Deutsche Asset Management. Established with a clear objective, the fund aims to provide a high level of current income exempt from federal income tax to its investors. This is primarily achieved by investing in a carefully curated portfolio of tax-exempt municipal securities.

DWS Investments, founded in 1956, is renowned globally, not just in its home country Germany where it is the largest mutual fund company. Over recent years, DWS Investments has significantly expanded its reach, covering countries and products across the Americas and Asia-Pacific. The brand has successfully established itself among the top three retail mutual fund companies in Europe and within the top 10 globally.

The DWS Strategic Municipal Income Trust offers a variety of financial products including Exchange-Traded Funds (ETFs), Mutual Funds, Closed-End Funds, and Money Market Funds. This extensive product range caters to varied investment needs and preferences, ensuring diversified income sources for investors. The fund's strategic management and diversified portfolio aim to deliver consistent, tax-exempt income, making it an attractive choice for investors seeking steady returns while minimizing tax liabilities.

Staying updated with the latest advancements, DWS Strategic Municipal Income Trust continuously evaluates and adjusts its portfolio to align with the evolving market conditions and regulatory landscape. This dynamic approach ensures optimal performance and risk management, fostering investor confidence and long-term financial stability.

For more detailed insights, latest news, and updates on DWS Strategic Municipal Income Trust’s activities, performance, and developments, visit StockTitan.

News

Certain DWS Closed-End Funds Declare Monthly Distributions

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DWS closed-end funds, including KSM, announced regular monthly distributions for April 2024. KSM's distribution decreased from $0.0290 to $0.0273 per share. Shareholders should be aware of potential return of capital distributions.
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DWS Strategic Municipal Income Trust Announces Termination and Liquidating Distribution to Shareholders

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DWS Strategic Municipal Income Trust (KSM) announced the termination of the Fund with a liquidating distribution to shareholders by November 30, 2024. Bond investments face interest-rate, credit, and market risks. Municipal securities may be less liquid than taxable bonds. The fund seeks tax-exempt income but distributions may be taxable. Closed-end funds trade at a discount to net asset value.
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Certain DWS Closed-End Funds Declare Monthly Distributions

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DWS Municipal Income Trust (KTF) and DWS Strategic Municipal Income Trust (KSM) announced their regular monthly distributions for March 2024. KTF will pay $0.0350 per share, up from $0.0290, while KSM will pay $0.0300 per share. Both funds warn of risks related to bond investments, interest rates, credit, and market conditions.
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Certain DWS Closed-End Funds Declare Monthly Distributions

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DWS Municipal Income Trust (KTF) and DWS Strategic Municipal Income Trust (KSM) announced their regular monthly distributions. Both funds will pay a dividend of $0.0290 per share, an increase from the previous dividend. The press release also highlights the risks associated with bond investments, such as interest-rate, credit, liquidity, and market risks, as well as the impact of political events and economic conditions on municipal securities. It also discusses the potential tax implications for investors. Additionally, the press release emphasizes that closed-end funds are not continuously offered and may trade at a discount to the net asset value.
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Certain DWS Closed-End Funds Declare Monthly Distributions

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DWS Closed-End Funds Announce Regular Monthly Dividends: KTF - $0.0270, KSM - $0.0260
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Certain DWS Closed-End Funds Declare Monthly Distributions

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DWS closed-end funds KTF and KSM have announced their regular monthly dividends for December 2023. The dividends per share for KTF and KSM are $0.0265 and $0.0260, respectively. Both funds are subject to interest-rate, credit, liquidity, and market risks. Closed-end funds are not continuously offered and may trade at a discount to net asset value.
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Leverage Extended for DWS Municipal Income Trust and DWS Strategic Municipal Income Trust

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DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) announced the extension of the rate period termination date and the early term redemption date of the Fund’s currently outstanding Variable Rate MuniFund Term Preferred Shares, Series 2020-1. The fixed spread component of the Series 2020-1 VMTPS dividend rate will be increased by seven basis points, and the total Series 2020-1 VMTPS liquidation preference remains at its current level of $190,000,000 for KTF and $60,000,000 for KSM.
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Certain DWS Closed-End Funds Declare Monthly Distributions

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DWS Group GmbH & Co. KGaA: DWS Closed-End Funds Announce Monthly Dividends. DWS Municipal Income Trust (KTF) declares $0.0250 dividend per share, up from $0.0235. DWS Strategic Municipal Income Trust (KSM) maintains $0.0260 dividend per share.
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Certain DWS Closed-End Funds Declare Monthly Distributions

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DWS closed-end funds announce regular monthly distributions.
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DWS Closed-End Funds Announce Results of Annual Meeting of Shareholders

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DWS Municipal Income Trust and DWS Strategic Municipal Income Trust announce results of the 2023 Joint Annual Meeting of Shareholders
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FAQ

What is the current stock price of DWS Strategic Municipal Income Trust (KSM)?

The current stock price of DWS Strategic Municipal Income Trust (KSM) is $10.111 as of November 14, 2024.

What is the market cap of DWS Strategic Municipal Income Trust (KSM)?

The market cap of DWS Strategic Municipal Income Trust (KSM) is approximately 111.3M.

What is DWS Strategic Municipal Income Trust (KSM)?

DWS Strategic Municipal Income Trust (KSM) is a closed-end, diversified management investment company that aims to provide high current income exempt from federal income tax by investing in tax-exempt municipal securities.

What type of investments does DWS Strategic Municipal Income Trust make?

The fund primarily invests in a portfolio of tax-exempt municipal securities to achieve its objective of providing high current income exempt from federal income tax.

Who manages DWS Strategic Municipal Income Trust?

The fund is managed by DWS Investments, the mutual fund arm of Deutsche Asset Management, recognized as a leading mutual fund company globally.

What products are offered by DWS Strategic Municipal Income Trust?

The fund's product range includes Exchange-Traded Funds (ETFs), Mutual Funds, Closed-End Funds, and Money Market Funds.

When was DWS Investments founded?

DWS Investments was founded in 1956 and has since expanded its operations globally.

How does DWS Strategic Municipal Income Trust ensure investor returns?

The fund continuously evaluates and adjusts its portfolio to align with market conditions and regulatory changes, ensuring optimal performance and risk management.

Is the income from DWS Strategic Municipal Income Trust federally tax-exempt?

Yes, the income generated by the fund is exempt from federal income tax.

Where can I find the latest news and updates about DWS Strategic Municipal Income Trust?

For the latest news and updates, you can visit the StockTitan website.

In which regions does DWS Investments operate?

DWS Investments operates across Europe, the Americas, and the Asia-Pacific regions.

What makes DWS Strategic Municipal Income Trust an attractive investment?

The fund offers a diversified portfolio of tax-exempt municipal securities, providing high current income exempt from federal income tax, coupled with strategic management for consistent returns and risk management.

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DWS Strategic Municipal Income Trust

NYSE:KSM

KSM Rankings

#4333 Ranked by Market Cap
#1115 Ranked by Dividends

KSM Stock Data

111.31M
11.05M
0.03%
53.65%
0.47%
Asset Management
Financial Services
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