DWS Municipal Income Trust Declares Monthly Distribution
DWS Municipal Income Trust (KTF) has announced its regular March monthly distribution. The Fund aims to distribute all or most of its net investment income through monthly distributions and realized capital gains at least annually.
The March distribution is expected to include a return of capital, which occurs when part of a shareholder's investment is paid back. The Fund notes that distributions exceeding total return performance will reduce its net asset value.
As a closed-end fund, KTF shares are traded on the open market through stock exchanges, often at a discount to net asset value. The Fund faces various risks including interest-rate, credit, liquidity, and market risks. Municipal securities are particularly susceptible to political events, local economic conditions, and issuer bankruptcy risks.
The final determination of the distribution's source and tax status for 2025 will be provided on Form 1099-DIV after year-end.
DWS Municipal Income Trust (KTF) ha annunciato la sua distribuzione mensile regolare di marzo. Il Fondo mira a distribuire tutto o gran parte del suo reddito netto da investimenti tramite distribuzioni mensili e plusvalenze realizzate almeno annualmente.
Si prevede che la distribuzione di marzo includa un rimborso di capitale, che si verifica quando una parte dell'investimento di un azionista viene restituita. Il Fondo osserva che le distribuzioni che superano le performance totali del rendimento ridurranno il suo valore netto degli attivi.
Essendo un fondo chiuso, le azioni KTF vengono negoziate sul mercato aperto attraverso le borse, spesso a un prezzo inferiore al valore netto degli attivi. Il Fondo affronta vari rischi, tra cui rischi di tasso d'interesse, di credito, di liquidità e di mercato. I titoli municipali sono particolarmente suscettibili a eventi politici, condizioni economiche locali e rischi di bancarotta degli emittenti.
La determinazione finale della fonte della distribuzione e dello stato fiscale per il 2025 sarà fornita sul Modulo 1099-DIV dopo la fine dell'anno.
DWS Municipal Income Trust (KTF) ha anunciado su distribución mensual regular de marzo. El Fondo tiene como objetivo distribuir la totalidad o la mayor parte de sus ingresos netos de inversión a través de distribuciones mensuales y ganancias de capital realizadas al menos anualmente.
Se espera que la distribución de marzo incluya un retorno de capital, que ocurre cuando se devuelve parte de la inversión de un accionista. El Fondo señala que las distribuciones que excedan el rendimiento total reducirán su valor neto de activos.
Como fondo cerrado, las acciones de KTF se negocian en el mercado abierto a través de bolsas, a menudo a un descuento sobre el valor neto de activos. El Fondo enfrenta varios riesgos, incluidos riesgos de tasas de interés, crédito, liquidez y mercado. Los valores municipales son particularmente susceptibles a eventos políticos, condiciones económicas locales y riesgos de quiebra del emisor.
La determinación final de la fuente de la distribución y el estado fiscal para 2025 se proporcionará en el Formulario 1099-DIV después de fin de año.
DWS Municipal Income Trust (KTF)는 3월 정기 분배를 발표했습니다. 이 펀드는 월별 분배와 최소 연간 실현된 자본 이득을 통해 대부분의 순 투자 수익을 분배하는 것을 목표로 합니다.
3월 분배에는 자본 환급이 포함될 것으로 예상되며, 이는 주주 투자금의 일부가 반환될 때 발생합니다. 펀드는 총 수익 성과를 초과하는 분배가 순 자산 가치를 감소시킨다고 언급합니다.
닫힌형 펀드로서 KTF 주식은 증권 거래소를 통해 공개 시장에서 거래되며, 종종 순 자산 가치에 비해 할인된 가격으로 거래됩니다. 이 펀드는 금리, 신용, 유동성 및 시장 위험을 포함한 다양한 위험에 직면해 있습니다. 지방채는 정치적 사건, 지역 경제 상황 및 발행자의 파산 위험에 특히 취약합니다.
2025년 분배의 출처 및 세금 상태에 대한 최종 결정은 연말 이후 1099-DIV 양식으로 제공될 것입니다.
DWS Municipal Income Trust (KTF) a annoncé sa distribution mensuelle régulière de mars. Le Fonds vise à distribuer la totalité ou la majeure partie de ses revenus nets d'investissement par le biais de distributions mensuelles et de gains en capital réalisés au moins une fois par an.
La distribution de mars devrait inclure un remboursement de capital, qui se produit lorsque qu'une partie de l'investissement d'un actionnaire est remboursée. Le Fonds note que les distributions dépassant le rendement total réduiront sa valeur nette d'actifs.
En tant que fonds fermé, les actions KTF sont négociées sur le marché ouvert via des bourses, souvent à un prix inférieur à la valeur nette des actifs. Le Fonds fait face à divers risques, y compris les risques de taux d'intérêt, de crédit, de liquidité et de marché. Les titres municipaux sont particulièrement sensibles aux événements politiques, aux conditions économiques locales et aux risques de faillite des émetteurs.
La détermination finale de la source de la distribution et du statut fiscal pour 2025 sera fournie sur le formulaire 1099-DIV après la fin de l'année.
DWS Municipal Income Trust (KTF) hat seine regelmäßige monatliche Ausschüttung für März angekündigt. Der Fonds zielt darauf ab, die gesamte oder den Großteil seines Nettoanlageertrags durch monatliche Ausschüttungen und mindestens jährlich realisierte Kapitalgewinne auszuschütten.
Die Ausschüttung im März wird voraussichtlich eine Rückzahlung des Kapitals umfassen, die erfolgt, wenn ein Teil der Investition eines Aktionärs zurückgezahlt wird. Der Fonds weist darauf hin, dass Ausschüttungen, die die Gesamtrendite übersteigen, den Nettovermögenswert verringern werden.
Als geschlossener Fonds werden KTF-Anteile auf dem offenen Markt über Börsen gehandelt, oft zu einem Abschlag auf den Nettovermögenswert. Der Fonds sieht sich verschiedenen Risiken gegenüber, einschließlich Zins-, Kredit-, Liquiditäts- und Marktrisiken. Kommunalanleihen sind besonders anfällig für politische Ereignisse, lokale wirtschaftliche Bedingungen und Insolvenzrisiken der Emittenten.
Die endgültige Bestimmung der Quelle und des Steuerstatus der Ausschüttung für 2025 wird nach Jahresende auf dem Formular 1099-DIV bereitgestellt.
- None.
- None.
Details are as follows:
Declaration – 03/07/2025 |
Ex-Date – 03/20/2025 |
Record – 03/20/2025 |
Payable – 03/31/2025 |
Fund |
Ticker |
Distribution Per Share |
Prior Distribution Per Share |
|||
DWS Municipal Income Trust |
|
KTF |
|
|
|
|
The Fund intends to distribute all or substantially all of its net investment income each year through its regular monthly distributions and to distribute any realized capital gains at least annually. In addition, in any monthly period, to maintain its declared per common share distribution amount, the Fund may distribute more or less than its net investment income during the period. In the event the Fund distributes more than its net investment income during any yearly period, such distributions may also include realized gains and/or a return of capital. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value.
It is estimated that a portion of the Fund’s March distribution consists of a return of capital. A return of capital may occur, for example, when some or all of a shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect a fund’s investment performance and should not be confused with “yield” or “income.” Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of its monthly distribution. As required by Federal securities laws, the Fund will issue a notice to its common shareholders in connection with its monthly distribution that contains information about the amount and estimated sources of the distribution and other related information. The final determination of the source and tax status of all distributions paid in 2025 will be made after the end of 2025 and will be provided on Form 1099-DIV.
Important Information
DWS Municipal Income Trust. Bond investments are subject to interest-rate, credit, liquidity and market risks to varying degrees. When interest rates rise, bond prices generally fall. Credit risk refers to the ability of an issuer to make timely payments of principal and interest. Municipal securities are subject to the risk that litigation, legislation or other political events, local business or economic conditions or the bankruptcy of the issuer could have a significant effect on an issuer’s ability to make payments of principal and/or interest. The market for municipal bonds may be less liquid than for taxable bonds, and there may be less information available on the financial condition of issuers of municipal securities than for public corporations. Investing in derivatives entails special risks relating to liquidity, leverage and credit that may reduce returns and/or increase volatility. Leverage results in additional risks and can magnify the effect of any gains or losses. Although the Fund seeks income that is exempt from federal income taxes, a portion of the Fund’s distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
Closed-end funds, unlike open-end funds, are not continuously offered. There is a one-time public offering and once issued, shares of closed-end funds are bought and sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to the net asset value. The price of a fund’s shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, the fund cannot predict whether its shares will trade at, below or above net asset value.
Past performance is no guarantee of future results.
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
Certain statements contained in this release may be forward-looking in nature. These include all statements relating to plans, expectations, and other statements that are not historical facts and typically use words like “expect,” “anticipate,” “believe,” “intend,” ”estimated” and similar expressions. Such statements represent management’s current beliefs, based upon information available at the time the statements are made, with regard to the matters addressed. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Management does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. The following factors, among others, could cause actual results to differ materially from forward-looking statements: (i) the effects of adverse changes in market and economic conditions; (ii) legal and regulatory developments; and (iii) other additional risks and uncertainties, including public health crises (including the pandemic spread of viruses), war, terrorism, trade disputes and related geopolitical events.
War, terrorism, sanctions, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and, in the future, may lead to significant disruptions in US and world economies and markets, which may lead to increased market volatility and may have significant adverse effects on the Fund and its investments.
NOT FDIC/ NCUA INSURED • MAY LOSE VALUE • NO BANK GUARANTEE
NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
DWS Distributors, Inc.
222 South Riverside Plaza
www.dws.com
Tel (800) 621-1148
© 2025 DWS Group GmbH & Co. KGaA. All rights reserved.
The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas, Inc. and RREEF America L.L.C. which offer advisory services. (R-104934-1) (03/25)
View source version on businesswire.com: https://www.businesswire.com/news/home/20250307371055/en/
For additional information:
DWS Press Office (212) 454-4500
Shareholder Account Information (800) 294-4366
DWS Closed-End Funds (800) 349-4281
Source: DWS Distributors, Inc.
FAQ
What type of distribution has DWS Municipal Income Trust (KTF) announced for March 2025?
How does KTF's return of capital distribution affect shareholders?
What are the main investment risks associated with KTF's municipal securities?
When will KTF shareholders receive tax information about their 2025 distributions?
How are KTF shares traded as a closed-end fund?
