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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.

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DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) have extended their open market share repurchase programs for another twelve months, from December 1, 2021 to November 30, 2022. The Funds will repurchase shares trading at a discount to their net asset value (NAV), with the exact timing and amount determined by DWS Investment Management Americas, considering prevailing market conditions. This continued buyback is expected to enhance shareholder value by potentially increasing NAV per share.

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DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) held their 2021 Joint Annual Meeting of Shareholders on September 24, 2021. Both Funds reported a quorum, leading to the successful election of Class I Trustee nominees: Dr. Richard J. Herring and Mr. William N. Searcy, Jr., alongside preferred share Trustee nominees: Mr. Keith R. Fox and Ms. Dawn-Marie Driscoll. Investors are reminded that municipal bond investments carry various risks, including interest rate fluctuations and credit risks, impacting both Funds' market performance.

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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.

DWS Strategic Municipal Income Trust

NYSE:KSM

KSM Rankings

KSM Stock Data

111.31M
11.05M
0.03%
53.65%
0.47%
Asset Management
Financial Services
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United States of America
New York