DWS Municipal Income Trust (KTF) to Issue Monthly Dividend of $0.06 on February 27th

DWS Municipal Income Trust (NYSE:KTF) declared a monthly dividend on Monday, February 9th. Stockholders of record on Friday, February 20th will be given a dividend of 0.061 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date of this dividend is Friday, February 20th.

DWS Municipal Income Trust Stock Performance

Shares of DWS Municipal Income Trust stock opened at $9.23 on Wednesday. The stock’s 50-day simple moving average is $9.11 and its 200 day simple moving average is $9.05. DWS Municipal Income Trust has a 52-week low of $8.48 and a 52-week high of $9.77.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in KTF. Gridiron Partners LLC raised its holdings in shares of DWS Municipal Income Trust by 3,970.6% in the 3rd quarter. Gridiron Partners LLC now owns 425,178 shares of the investment management company’s stock valued at $39,000 after acquiring an additional 414,733 shares in the last quarter. Wellspring Financial Advisors LLC raised its position in shares of DWS Municipal Income Trust by 21.5% during the 2nd quarter. Wellspring Financial Advisors LLC now owns 34,126 shares of the investment management company’s stock valued at $302,000 after buying an additional 6,034 shares in the last quarter. Wedbush Securities Inc. purchased a new position in DWS Municipal Income Trust in the 2nd quarter worth $628,000. Karpus Management Inc. grew its stake in shares of DWS Municipal Income Trust by 28.9% during the second quarter. Karpus Management Inc. now owns 3,057,936 shares of the investment management company’s stock valued at $27,032,000 after buying an additional 684,776 shares during the last quarter. Finally, Motco purchased a new position in shares of DWS Municipal Income Trust in the second quarter worth about $31,000. Institutional investors own 57.71% of the company’s stock.

About DWS Municipal Income Trust

DWS Municipal Income Trust (NYSE: KTF) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from regular federal income tax. Established in 2002, the fund is managed by DWS Group, a global asset management firm and affiliate of Deutsche Bank, and trades on the New York Stock Exchange under the ticker symbol KTF. Its structure allows investors access to a diversified portfolio of municipal securities with the potential for tax-advantaged income distributions.

The trust’s investment strategy focuses primarily on investment-grade municipal bonds issued by U.S.