DWS Municipal Income Trust Announces Termination and Liquidating Distribution to Shareholders and Distribution Rate Increase
DWS Municipal Income Trust (KTF)
US:NYSE Investor Relations:
fundsus.deutscheam.com/en/products/deutsche-municipal-income-trust.jsp?core-key=309
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) (the “Fund”) announced today that the Board of Trustees has approved the termination of the Fund, pursuant to which the Fund will make a liquidating distribution to shareholders no later than November 30, 2026. The Fund also announced that it is increasing its monthly distribution rate to an annualized distribution rate of at least 7% based on KTF’s net asset value (“NAV”) per share as of the then current distribution declaration date. The distribution rate increase will be implemented starting with KTF’s next monthly dividend scheduled to be announced on or about April 8, 2024. The annualized distribution rate target of at least 7% will remain in effect until the termination of KTF; provided that under certain limited circumstances, the monthly distribution amount may be reduced below the annualized distribution rate target of at least 7%.Shareholders should not draw any conclusions about the Fund’s investment perf
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KTF
News
- KSM And KTF To Terminate [Seeking Alpha]Seeking Alpha
- Certain DWS Closed-End Funds Declare Monthly DistributionsBusiness Wire
- DWS Municipal Income Trust Announces Distribution Rate Increase [Yahoo! Finance]Yahoo! Finance
- DWS Municipal Income Trust Announces Distribution Rate IncreaseBusiness Wire
- Certain DWS Closed-End Funds Declare Monthly DistributionsBusiness Wire
KTF
Sec Filings
- 5/1/24 - Form SC
- 4/24/24 - Form NPORT-P
- 3/28/24 - Form SC
- KTF's page on the SEC website