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KSM

DWS Strategic Municipal Income Trust

https://fundsus.deutscheam.com/EN/products/deutsche-strategic-municipal-income-trust.jsp?core-key=315

Industry

Asset Management - Income

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.

Open

10.09

Mkt cap

111M

Volume

16K

High

10.09

P/E Ratio

21.44

52-wk high

10.25

Low

10.06

Div yield

0.03

52-wk low

8.01

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.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 8:36 pm

The DWS Strategic Municipal Income Trust has approved its termination and will proceed with a liquidating distribution to its shareholders. This decision marks the end of the trust's operations, transitioning to the final phase of liquidation.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:42 pm

DWS Strategic Municipal (NYSE:KSM) announced a monthly dividend of 3 cents per share, with Monday being the last day to buy the stock to be eligible for this payout. The stock will go ex-dividend on Tuesday, likely opening 3 cents lower. The dividend payout is scheduled for March 28, 2024.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 2:45 pm

DWS Strategic Municipal (NYSE:KSM) announced a monthly dividend of 2.9 cents per share, with Thursday being the last chance for investors to buy the stock before the ex-dividend date on Friday. The dividend will be paid on February 29, 2024. The stock is expected to open 2.9 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 2:45 pm

DWS Strategic Municipal (NYSE:KSM) announced a monthly dividend of 2.6 cents per share, with the ex-dividend date being Thursday. Shareholders owning KSM by the end of Wednesday are eligible for the dividend, which will be paid on January 31, 2024. The stock is expected to open 2.6 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 15, 2024 | 2:45 pm

DWS Strategic Municipal (NYSE:KSM) announced a monthly dividend of 2.6 cents per share, with Thursday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Friday, likely opening 2.6 cents lower. The dividend is payable on November 30, 2023.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 2:45 pm

DWS Strategic Municipal (NYSE:KSM) has announced a monthly dividend of 2.6 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on September 29, 2023.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 2:45 pm

DWS Strategic Municipal (NYSE:KSM) has announced a monthly dividend of 2.95 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 2.95 cents lower. Shareholders who own KSM as of the end of Wednesday's session will be eligible for the dividend, which will be paid out on August 31, 2023.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:45 pm

DWS Strategic Municipal (NYSE:KSM) has announced a monthly dividend of 2.95 cents per share. To be eligible for the dividend, shareholders must own the stock before the ex-dividend date, which is this Friday. The dividend will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 2:45 pm

DWS Strategic Municipal (NYSE:KSM) announced a monthly dividend of 2.95 cents per share, with the ex-dividend date set for Friday. Shareholders owning KSM by the end of Thursday's session will be eligible for the dividend payout, which will be distributed on June 30, 2023.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 3:06 pm

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