DWS Municipal Income Trust Declares Monthly Distribution

Rhea-AI Summary

DWS Municipal Income Trust (KTF) has declared its regular monthly distribution for November 2024. The Fund will distribute $0.0610 per share, maintaining the same amount as the prior distribution. Key dates include: Declaration on 11/08/2024, Ex-Date and Record on 11/20/2024, and Payment on 11/29/2024.

The Fund aims to distribute all or most of its net investment income through monthly distributions and realized capital gains annually. It's estimated that part of November's distribution includes a return of capital. The Fund notes that when distributions exceed total return performance, this will reduce the Fund's net asset value.

NEW YORK--(BUSINESS WIRE)-- DWS Municipal Income Trust (KTF) (the “Fund”) announced today its regular November monthly distribution.

Details are as follows:

Declaration – 11/08/2024         Ex-Date – 11/20/2024         Record – 11/20/2024         Payable – 11/29/2024     

Fund	Ticker	Distribution Per Share		Prior Distribution Per Share
DWS Municipal Income Trust	KTF	$0.0610		$0.0610

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 November 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 2024 will be made after the end of 2024 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
Chicago, IL 60606-5808
www.dws.com
Tel (800) 621-1148
© 2024 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-103511 -1) (11/24)

View source version on businesswire.com: https://www.businesswire.com/news/home/20241108194809/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 is DWS Municipal Income Trust's (KTF) November 2024 distribution amount?

DWS Municipal Income Trust (KTF) declared a distribution of $0.0610 per share for November 2024, remaining unchanged from the prior distribution.

When is the November 2024 distribution payable for KTF shareholders?

The November 2024 distribution is payable on November 29, 2024, with an ex-date and record date of November 20, 2024.

Does KTF's November 2024 distribution include a return of capital?

Yes, it is estimated that a portion of the Fund's November 2024 distribution consists of a return of capital.

How often does DWS Municipal Income Trust (KTF) distribute capital gains?

The Fund intends to distribute any realized capital gains at least annually, while net investment income is distributed through regular monthly distributions.