Certain DWS Closed-End Funds Declare Monthly Distributions.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The DWS DWS Dallas Wind Symphony (Dallas, TX) DWS Department of Workforce Services (Wyoming) DWS Division of Workforce Solutions (Wisconsin) DWS Driving While Suspended closed-end funds Closed-end fund An investment company that issues shares like any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open-end fund. listed below announced today regular monthly distributions. Details are as follows: November Monthly Dividends Declaration- 11/6/2009 Ex-Date- 11/12/2009 Record- 11/16/2009 Payable- 11/30/2009 [TABLE OMITTED] DWS High Income Trust seeks to provide the highest current income obtainable, consistent with reasonable risk, with capital gains secondary. The fund invests in individual bonds whose yields and market values fluctuate, so that your investment may be worth more or less than its original cost. The fund may invest in lower-quality and nonrated securities, which present greater risk of loss of principal and interest than higher-quality securities. Bond investments are subject to interest rate risk such that when interest rates rise, the prices of the bonds, and thus the value of the bond fund, can decline and the investor can lose principal value. DWS Municipal Income Trust seeks to provide high current income exempt from federal income tax by investing in a diversified diversified (di·verˑ·s portfolio of investment-grade tax-exempt securities Tax-exempt security An obligation whose interest is tax-exempt, often called a municipal bond, offered by a country, state, town, or any political district. . The fund invests in individual bonds whose yields and market values fluctuate, so that your investment may be worth more or less than its original cost. Additionally, although the fund seeks income that is federally tax-free, a portion of the fund's distributions may be subject to federal, state, local and alternative minimum tax. Bond investments are subject to interest-rate risk such that when interest rates rise, the prices of the bonds, and thus the value of the bond fund, can decline and the investor can lose principal value. DWS Multi Market Income Trust seeks to provide high income consistent with prudent total return. The fund invests in a range of income-producing securities such as US corporate fixed-income securities Fixed-income securities Investments that have specific interest rates, such as bonds. and debt obligations of foreign governments, their agencies and instrumentalities which may be denominated in foreign currencies and may not be rated. Investing in securities of emerging markets presents certain unique risks not associated with domestic investments, such as currency fluctuation Fluctuation A price or interest rate change. , political and economic changes, and market risks. All of these factors may result in greater share price volatility. The fund may invest in lower-quality and nonrated securities, which present greater risk of loss of principal and interest than higher-quality securities. Bond investments are subject to interest-rate risk such that when interest rates rise, the prices of the bonds, and thus the value of the bond fund, can decline and the investor can lose principal value. DWS Strategic Municipal Income Trust seeks a high level of current income exempt from federal income tax by investing in a diversified portfolio of investment-grade tax-exempt securities. The fund will invest at least 50 percent of its assets in investment-grade municipal securities or unrated municipal securities of comparable quality, and may invest up to 50 percent of its assets in high-yield municipal securities that are below investment grade. The fund invests in individual bonds whose yields and market values fluctuate, so that your investment may be worth more or less than its original cost. Additionally, although the fund seeks income that is federally tax-free, a portion of the fund's distributions may be subject to federal, state, local and alternative minimum tax. Bond investments are subject to interest-rate risk such that when interest rates rise, the prices of the bonds, and thus the value of the bond fund, can decline and the investor can lose principal value DWS Strategic Income Trust seeks to provide high current income by investing its assets in a combination of (a) lower-rated, corporate fixed-income securities; (b) fixed-income securities of emerging markets and other foreign issuers; and (c) fixed-income securities of the US government and its agencies and instrumentalities, and mortgage-backed issuers. The fund invests in individual bonds whose yields and market values fluctuate, so that your investment may be worth more or less than its original cost. Investing in securities of emerging markets presents certain unique risks not associated with domestic investments, such as currency fluctuation, political and economic changes, and market risks. All of these factors may result in greater share price volatility. The fund may invest in lower-quality and nonrated securities, which present greater risk of loss of principal and interest than higher-quality securities. Bond investments are subject to interest-rate risk such that when interest rates rise, the prices of the bonds, and thus the value of the bond fund, can decline and the investor can lose principal value. DWS Dreman Value Income Edge Fund, Inc. is a non-diversified, closed-end investment company closed-end investment company: see mutual fund. . The Fund's investment objective is to seek to achieve a high level of total return. The Fund pursues its investment objective through a combination of an income strategy designed to generate regular income and reduce volatility (the "Income Strategy"), and a quantitative long/short strategy designed to seek returns that are uncorrelated to the market (the "Hedge Strategy"). Its shares are listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "DHG DHG Dødheimsgard (band) DHG Davion Heavy Guards (BattleTech) DHG Distinguished Honor Graduate ". Future earnings of the Fund can not be guaranteed and the Fund's dividend policy is subject to change. The amount of monthly distributions may vary depending on a number of factors. As portfolio and market conditions change, the amount of dividends could change. DWS RREEF World Real Estate & Tactical Strategies Fund is a non-diversified Fund, which means it can invest in securities of relatively few issuers. This presents greater risk of loss of principal as the financial conditions or market assessments of such securities change. REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). investments can be affected by interest rate moves, economic cycles, and tax and regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. . Future earnings of the Fund can not be guaranteed and the Fund's dividend policy is subject to change. The Fund has a policy to make a level distribution each month to shareholders that may be modified by the Board of Directors from time to time. It is anticipated that a portion of the aggregate distribution made by the Fund may constitute a return of capital. In addition, it is anticipated that any realized capital gains for the Fund's fiscal year will be paid to shareholders in a separate distribution at the end of such year. If the total distributions made in any calendar year exceed investment company taxable income Under the federal tax law, gross income reduced by adjustments and allowable deductions. It is the income against which tax rates are applied to compute an individual or entity's tax liability. The essence of taxable income is the accrual of some gain, profit, or benefit to a taxpayer. , net tax-exempt income Tax-exempt income Dividends and interest not subject to federal and, in some cases, state and local income taxes. and net capital gain, such excess distributed amount would be treated as ordinary dividend income to the extent of the Fund's current and accumulated ac·cu·mu·late v. ac·cu·mu·lat·ed, ac·cu·mu·lat·ing, ac·cu·mu·lates v.tr. To gather or pile up; amass. See Synonyms at gather. v.intr. To mount up; increase. earnings and profits. Distributions in excess of the earnings and profits would first be a tax-free return of capital to the extent of the adjusted tax basis in the shares. After such adjusted tax basis is reduced to zero, the distribution would constitute capital gain (assuming the shares are held as capital assets capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account) ). A return of capital is not reflective Refers to light hitting an opaque surface such as a printed page or mirror and bouncing back. See reflective media and reflective LCD. of the Fund's investment performance and should not be confused with income or yield. Estimated information on DWS RREEF World Real Estate & Tactical Strategies Fund's net investment income and other distribution information for each monthly period and the preceding monthly periods will be available on the Fund's website (www.dws-investments.com) no later than the end of each month. The level monthly distribution described above would result in the payment of approximately the same amount to the Fund's common shareholders each month. Section 19(a) of the Investment Company Act of 1940, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. (the "1940 Act"), and Rule 19a-1 thereunder require the Fund to provide a written statement accompanying any payment that adequately discloses the source of such payments if not solely from investment income or capital gains. Shareholders should read any written disclosure provided by the Fund pursuant to Section 19(a) and Rule 19a-1 carefully and/or view the Fund's website, and should not assume that the source of any distribution from the Fund is net income. The amounts and sources of distribution included in such written disclosures are estimates only and should not be reported for tax purposes. The actual amount and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes. The Fund will send shareholders a Form 1099-DIV Form 1099-DIV A form sent to investors by investment fund companies. The form is a record of all taxable capital gains and dividends paid to an investor, including those that have been re-invested in a given taxation year. for the calendar year that will tell shareholders how to report these distributions for federal income tax purposes. Closed-end funds, unlike open-end funds Open-End Fund A mutual fund that continues to sell shares to investors, and will buy back shares when investors wish to sell. Notes: Open-end funds have no limit to the number of shares they can issue. The majority of mutual funds are open end. , are not continuously offered. There is a one-time public offering and once issued, shares of closed-end funds are sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to the net asset value. The price of a fund's shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, a fund cannot predict whether its shares will trade at, below or above net asset value. Past performance is no guarantee of future results. Investments in funds involve risk. Some funds have more risk than others. These include funds that allow exposure to or otherwise concentrate investments in certain sectors, geographic regions, security types, market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. or foreign securities (e.g., political or economic instability, which can be accentuated in emerging market countries). This press release shall not constitute an offer to sell or a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. NOT FDIC/ NCUA NCUA National Credit Union Administration (US government) NCUA Nbcs Control Unit Atm INSURED * MAY LOSE VALUE * NO BANK GUARANTEE NOT A DEPOSIT * NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY DWS Investments is part of Deutsche Bank's Asset Management division and, within the US, represents the retail asset management activities of Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas Inc. and DWS Trust Company. (R-9852-2 11/09) |
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