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 (KTF) and DWS Strategic Municipal Income Trust (KSM) will hold their Annual Meeting of Shareholders on September 23, 2022, in Boston, MA. Shareholders of record on August 5, 2022, can vote at the meeting, which may be held remotely due to COVID-19 precautions. The Funds highlight risks associated with bond investments, including interest-rate and credit risks, and emphasize that their distributions could be subject to taxes. The press release underscores that closed-end fund shares may trade at a discount to net asset value.
DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) have appointed Chad D. Perry and Catherine Schrand as Class II Trustees effective November 18, 2021. Perry is currently Executive VP and General Counsel at Tanger Factory Outlet Centers, while Schrand is a Professor at The Wharton School. Both trustees bring extensive experience in their respective fields. The press release emphasizes the inherent risks of bond investments, including interest-rate and credit risks, market volatility, and the nature of closed-end funds.
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