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.
DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) held their 2022 Joint Annual Meeting of Shareholders on September 23, 2022, where Trustees were successfully elected. The nominees, including Chad D. Perry and Catherine Schrand for Class II Trustee, received sufficient votes from both common and preferred shareholders. The Funds highlight the risks associated with bond investments, including interest-rate, credit, and market risks. Investors should note that closed-end fund shares may trade at a discount to net asset value and are not insured by federal agencies.
DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) have announced the extension of their share repurchase programs for an additional twelve months, from December 1, 2022, to November 30, 2023. This program allows the Funds to buy back shares when trading below their net asset value (NAV), potentially enhancing shareholder value. The repurchases will be managed by DWS Investment Management Americas, Inc. based on market conditions.
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