DWS Strategic Municipal Income Trust Final Liquidating Distribution Is Expected To Be Made On Or About November 20, 2024, For The Fund
Portfolio Pulse from Benzinga Newsdesk
DWS Strategic Municipal Income Trust (NYSE:KSM) announced that its Board of Trustees has approved a Plan of Liquidation and Termination for the Fund. The final liquidating distribution is expected to be made on or about November 20, 2024.
July 19, 2024 | 8:36 pm
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DWS Strategic Municipal Income Trust (NYSE:KSM) will undergo liquidation with a final distribution expected on November 20, 2024. This marks the end of the Fund's operations.
The announcement of the liquidation and final distribution date indicates the end of the Fund's operations. Investors will likely see a decline in the stock price as the liquidation date approaches, reflecting the winding down of the Fund.
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