MARKET COMPOSITE
KSM - DWS Strategic Municipal Income Trust8:00:02 PM 4/23/2024
Price
$9.54
+ 0.12 (1.27%)
Deutsche Strategic Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas Inc. The fund invests in the fixed income markets of the United States. It primarily invests investment grade or unrated municipal securities of comparable quality, as well as in high-yield municipal securities that are below investment grade. The fund seeks to invest in securities that are exempt from federal income tax. It invests in securities that are rated at least B by Moody's or B- by Standard & Poor's. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. It was formerly known as DWS Strategic Municipal Income Trust. Deutsche Strategic Municipal Income Trust was formed on March 22, 1988 and is domiciled in the United States.
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Stock news

    NEW YORK, April 08, 2024--The DWS closed-end funds listed below (each, a "Fund") announced today their regular monthly distributions.

    NEW YORK, March 28, 2024--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.

    SIT Investment Associates Inc, a seasoned investment firm, has recently expanded its investment portfolio by adding shares of DWS Strategic Municipal Income Trust (NYSE:KSM). This transaction has a modest impact of 0.05% on the firm's portfolio, bringing the total number of shares held in KSM to 565,322. Founded in 1981 by Eugene C. Sit, SIT Investment Associates Inc has grown from a small team with $1 million in capital to a prominent investment management company with over $6.6 billion in as...

    NEW YORK, November 10, 2023--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

    NEW YORK, September 29, 2023--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 2023 Joint Annual Meeting of Shareholders of the Funds held on September 29, 2023.

    NEW YORK, September 22, 2023--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

    NEW YORK, July 21, 2023--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 Avenue,

    NEW YORK, May 19, 2023--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 15, 2023 at the offices of DWS Investment Management Americas, Inc., 875 Third Avenue, New York, NY 10022. Holders of record of common shares and preferred shares of the Funds at the close of business on July 28, 2023 are entitled to vote at the

    NEW YORK, December 07, 2022--In addition to its regular monthly distribution, DWS Strategic Municipal Income Trust announced today a taxable short-term capital gain distribution per common share. The Fund has both common and preferred shares outstanding. In accordance with a position taken by the Internal Revenue Service, the Fund is required to allocate a proportionate share of distributions designated as taxable to both its common and preferred shares.

    NEW YORK, November 22, 2021--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.