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DWS Strategic Municipal Income Trust (KSM) Stock News, Jul 2022-Feb 2023

KSM NYSE
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3.3%
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DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) held their 2022 Joint Annual Meeting of Shareholders on September 23, 2022, where Trustees were successfully elected. The nominees, including Chad D. Perry and Catherine Schrand for Class II Trustee, received sufficient votes from both common and preferred shareholders. The Funds highlight the risks associated with bond investments, including interest-rate, credit, and market risks. Investors should note that closed-end fund shares may trade at a discount to net asset value and are not insured by federal agencies.

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DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) have announced the extension of their share repurchase programs for an additional twelve months, from December 1, 2022, to November 30, 2023. This program allows the Funds to buy back shares when trading below their net asset value (NAV), potentially enhancing shareholder value. The repurchases will be managed by DWS Investment Management Americas, Inc. based on market conditions.

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0.76%
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FAQ

What is the current stock price of DWS Strategic Municipal Income Trust (KSM)?

DWS Strategic Municipal Income Trust (KSM) last closed at $10.111.

What is the market cap of DWS Strategic Municipal Income Trust (KSM)?

The market cap of DWS Strategic Municipal Income Trust (KSM) is approximately $111.7M.