Deutsche Strategic Municipal Income Trust

DWS Strategic Municipal Income Trust is a diversified, closed-end management investment company. Its portfolio includes revenue bonds, escrowed to maturity (ETM) and pre-refunded bonds, general obligation bonds, and lease obligations. The company was founded on March 22, 1989 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)--The DWS closed-end funds listed below (each, a “Fund”) announced today their regular monthly distributions. Details are as follows: October Monthly Distributions   Declaration – 10/07/2024 Ex-Date – 10/17/2024 Record – 10/17/2024 Payable – 10/31/2024 Fund Ticker Distribution Per Share Prior Distribution Per Share   DWS Strategic Municipal Income Trust KSM $0.0230 $0.0230   DWS Municipal Income Trust KTF $0.0610 $0.0610 KSM's last anticipated regular monthly dividend w.

Certain DWS Closed-End Funds Declare Monthly Distributions

Deutsche Municipal Income Trust

NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a “Fund” and collectively, the “Funds”) announced today the results of the 2024 Joint Annual Meeting of Shareholders of the Funds held on September 20, 2024. For each of KTF and KSM, a quorum was present and the Class I Trustee nominees (for each Fund, Ms. Mary Schmid Daugherty and, for KTF only, Ms. Jennifer Conrad) and the preferred share Trustee nominees (for each Fun.

DWS Closed-End Funds Announce Results of Annual Meeting of Shareholders

NEW YORK--(BUSINESS WIRE)--DWS Strategic Municipal Income Trust (NYSE: KSM) (the “Fund”) announced today that its Board of Trustees has approved a Plan of Liquidation and Termination for the Fund (the “Plan”) related to the previously announced liquidation of the Fund to occur no later than November 30, 2024. As further described below, a final liquidating distribution is expected to be made on or about November 20, 2024, for the Fund. Under the terms of the Plan, the “Cessation Date” for the F.

DWS Strategic Municipal Income Trust Announces Additional Details Regarding Its Liquidation

NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a “Fund,” and, collectively, the “Funds”) announced that the Annual Meeting of Shareholders for each Fund will be held on September 20, 2024 at the offices of DWS Investment Management Americas, Inc., 100 Summer Street, Boston, Massachusetts. Holders of record of common shares and preferred shares of the Funds at the close of business on August 2, 2024 are entitled to vo.

DWS Municipal Income Trust and DWS Strategic Municipal Income Trust Announce Annual Meeting of Shareholders

Saba Closed-End Funds ETF

Nuveen Build America Bond Fund

Flaherty & Crumrine Preferred Income OpportunityFund Inc

Pimco Global Stockplus & Income Fund

Saba Capital Income & Opportunities Fund II

We take a look at the shape of the current CEF sell-off. The sell-off has followed a similar pattern to previous instances, with equity funds falling more than fixed-income funds, leveraged funds underperforming and discounts widening. Longer-duration assets may become more compelling as longer-term rates rise, and investors should consider adding them to their portfolios.

Dissecting The Current CEF Sell-Off And Opportunities

DWS Strategic Municipal Income Trust and DWS Municipal Income Trust have decided to liquidate.

KSM And KTF To Terminate

NEW YORK--(BUSINESS WIRE)--DWS Strategic Municipal Income Trust (NYSE: KSM) (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, 2024. Important Information DWS Strategic 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 fa.

DWS Strategic Municipal Income Trust Announces Termination and Liquidating Distribution to Shareholders

NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a “Fund,” and together, the “Funds”) each announced that, effective as of today, the rate period termination date and the early term redemption date of the Fund's currently outstanding Variable Rate MuniFund Term Preferred Shares, Series 2020-1 (“Series 2020-1 VMTPS”) have been extended to November 10, 2026 and May 10, 2027, respectively. In addition, effective November.

Leverage Extended for DWS Municipal Income Trust and DWS Strategic Municipal Income Trust

NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a “Fund,” and collectively, the “Funds”) each announced today that its respective Board of Trustees has extended the Fund's existing open market share repurchase program for an additional twelve-month period. Each Fund may continue to purchase outstanding shares of beneficial interest in open-market transactions over the twelve-month period from December 1, 2023 until No.

DWS Closed-End Funds Announce Extension of Share Repurchase Programs

Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance

Federated Premier Municipal Income Fund

Western Asset Managed Municipals Fund

BlackRock MuniYield Quality Fund Inc

Nuveen Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund

Nuveen Municipal Credit Income Fund

Putnam Managed Municipal Income Trust

Pimco New York Municipal Income Fund

Municipal bonds experienced a drop in 2022 due to rising interest rates, presenting a buying opportunity. Muni closed-end funds have higher portfolio yields, but net investment income has been affected by increased leverage costs. Muni CEFs have upside potential once interest rates normalize, but individual munis offer lower risk and higher yields.

Municipal Bond CEF Update Aug 2023: Valuations Are Incredible

BlackRock Credit Allocation Income Trust

MFS High Yield Municipal Trust

DoubleLine Income Solutions Fund

Eaton Vance Short Duration Diversified Income Fund

Flaherty & Crumrine Total Return Fund Inc

Blackrock Floating Rate Income Strategies Fund Inc

Nuveen Floating Rate Income Fund

Nuveen Dynamic Municipal Opportunities Fund

Nuveen Municipal Credit Opportunities Fund

Nuveen Municipal Income Fund Inc

Nuveen Select Tax-Free Income Portfolio

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

PIMCO Access Income Fund

Pimco High Income Fund

Putnam Master Intermediate Income Trust

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Western Asset Premier Bond Fund

Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptionally cheap, with discounts wider than 99% of historical observations. The risk-reward in the taxable bond CEF space is on the downside, while the upside potential in municipal CEFs is significant, but dependent on a shift in Fed policy and inflation.

CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best

NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a “Fund,” and, collectively, the “Funds”) announced that (i) the Annual Meeting of Shareholders for each Fund initially scheduled to be held on September 15, 2023 at the offices of DWS Investment Management Americas, Inc., 875 Third Avenue, New York, NY 10022 will now be held on September 29, 2023 at the offices of DWS Investment Management Americas, Inc., 875 Third Aven.

DWS Municipal Income Trust and DWS Strategic Municipal Income Trust Announce Revised Meeting and Record Dates for the Annual Meeting of Shareholders

Ares Dynamic Credit Allocation Fund

Blackrock California Muni Income Trust

Barings Global Short Duration High Yield Fund

Blackstone/GSO Senior Floating Rate Term Fund

Brandywine Global Income Opportunities Fund Inc

Eaton Vance California Municipal Income Trust

MFS Investment Grade Municipal Trust

Flaherty & Crumrine Dynamic Preferred & Income Fund

BNY Mellon Strategic Municipal Bond Fund, Inc.

Western Asset Global High Income Fund

Western Asset Emerging Markets Debt Fund

Eaton Vance California Municipal Bond Fund

Flaherty & Crumrine Preferred Securities Income Fund Inc

Western Asset Global Corp Defined Opportunity Fund Inc

Highland Income Fund

Western Asset High Income Fund

Pioneer Diversified High Income Trust

New American High Income Fund

Nuveen Preferred & Income Opportunities Fund

Nuveen Preferred & Income 2022 Term Fund

KKR Income Opportunities Fund

BlackRock MuniYield Pennsylvania Quality Fund

Nuveen Missouri Quality Municipal Income Fund

Nuveen Pennsylvania Quality Municipal Income Fund

Oxford Lane Capital

PIMCO Dynamic Income Fund

PIMCO Dynamic Income Opportunities Fund

Pioneer High Income Trust

PIMCO Strategic Income Fund Inc

Cushing MLP & Infrastructure Total Return Fund

Invesco Pennsylvania Value Municipal Income Trust

Western Asset Diversified Income Fund

Western Asset/Claymore Inflation-Linked Securities & Income Fund

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.

Quality Closed-End Fund Report, November 2022

NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a “Fund” and collectively, the “Funds”) announced that Chad D. Perry and Catherine Schrand were each appointed as Class II Trustees of each Fund effective November 18, 2021. Mr. Perry is Executive Vice President, General Counsel and Secretary, Tanger Factory Outlet Centers, Inc. (since 2011). He was formerly Executive Vice President and Deputy General Counsel, LPL Financ

DWS Municipal Income Trust and DWS Strategic Municipal Income Trust Announce Addition of New Trustees

NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a “Fund” and collectively, the “Funds”) announced today a change to each Fund's portfolio management team. Peter Aloisi will leave each Fund's portfolio management team effective November 19, 2021. Each Fund will continue to be managed by Michael J. Generazo and Chad H. Farrington. For more information on each Fund, including its most recent month-end performance, visit

DWS Municipal Income Trust and DWS Strategic Municipal Income Trust Announce Portfolio Manager Change

SINGAPORE--(BUSINESS WIRE)--Phala Network, a trustless Web 3.0 computation platform that enables massive cloud processing without sacrificing data confidentiality, has launched Khala Network, its first-ever parachain on Kusama following a successful slot auction bid. More than 2,700 community members showed their support for the project by rallying to Crowdloan 132,280 $KSM (worth $25.86 million USD at the time of writing), demonstrating an appetite for trustless, decentralized innovations that

Phala Network is Here, Bringing Secure Decentralized Cloud Processing to Web 3.0, Web 2.0 and Enterprise

NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a “Fund,” and, collectively, the “Funds”) announced today changes to each Fund's portfolio management team effective October 1, 2021. Ashton P. Goodfield will leave each Fund's portfolio management team effective October 1, 2021. KTF will continue to be managed by Michael J. Generazo and Peter Aloisi along with Chad H. Farrington, who will join the Fund's management team

DWS Municipal Income Trust and DWS Strategic Municipal Income Trust Announce Portfolio Manager Changes

NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a “Fund,” and together, the “Funds”) announced today a new refinancing plan that is expected to result in the outstanding leverage remaining unchanged for each Fund. Pursuant to the new refinancing plan, each Fund intends to redeem all of its currently outstanding Floating Rate Municipal Term Preferred Shares, Series 2018 (the “Series 2018 MTPS”).

Update on Leverage Refinancing Plans for DWS Municipal Income Trust and DWS Strategic Municipal Income Trust

News for Deutsche Strategic Municipal Income Trust ETF (KSM)