Welcome to our dedicated page for DWS Municipal Income Trust news (Ticker: KTF), a resource for investors and traders seeking the latest updates and insights on DWS Municipal Income Trust stock.
DWS Municipal Income Trust (symbol: KTF) is a closed-end, diversified investment management company focused on providing high current income exempt from federal income tax. Managed under the umbrella of DWS Investments, the mutual fund arm of Deutsche Asset Management, it leverages extensive expertise to deliver compelling investment opportunities.
Founded in 1956, DWS Investments has grown to become one of the largest mutual fund companies in Germany and a significant player globally. With a presence across Europe, the Americas, and Asia-Pacific, DWS Investments brings a robust portfolio of financial products, including ETFs, Mutual Funds, Closed-End Funds, and Money Market Funds.
DWS Municipal Income Trust invests in a diversified portfolio of investment-grade tax-exempt securities. Its strategic selections aim to maximize income for investors while mitigating federal income tax liabilities. The company's recent achievements and ongoing projects reflect its commitment to delivering consistent and high-quality returns.
With a strong focus on financial health, DWS Municipal Income Trust actively manages its funds to adapt to various market conditions. The company collaborates with top-tier financial institutions and partners globally, ensuring a diversified and stable investment approach.
For those looking to stay updated on DWS Municipal Income Trust, the latest news and developments are crucial. Whether it's updates about financial performance, new projects, or strategic initiatives, understanding these facets helps investors make informed decisions.
DWS Municipal Income Trust (NYSE: KTF) announced the successful issuance of 3,975 Variable Rate MuniFund Term Preferred Shares, Series 2020-1, totaling $198.75 million. The funds raised will redeem all outstanding Series 2018 MTPS, maintaining leverage levels. The Series 2020-1 VMTPS have a maturity date of November 10, 2049, with dividends set weekly based on rates. The funds are subject to various risks, including interest-rate risks and potential market volatility.