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DWS Municipal Income Trust (KTF) Declares a Monthly Distribution.


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
 -- DWS DWS Dallas Wind Symphony (Dallas, TX)
DWS Department of Workforce Services (Wyoming)
DWS Division of Workforce Solutions (Wisconsin)
DWS Driving While Suspended
 Municipal Income Trust (NYSE NYSE

See: New York Stock Exchange
 symbol: KTF KTF Korea Telecom Freetel
KTF Keep The Faith
KTF Keeping the Faith
KTF Kauai Test Facility (Sandia National Laboratories, US)
KTF Kemisk-Tekniska Leverantörförbundet (Swedish union of chemical technical suppliers) 
) declared a monthly dividend of $0.048 per common share, payable on April 30, 2007 to shareholders of record on April 16, 2007. The Ex-date is April 12, 2007. The previous monthly dividend was $0.048 per share.

The current distribution rate represents a 5.07% annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 dividend yield based on the closing market price of $11.36 on April 4, 2007 and a 4.79% annualized dividend yield on a closing NAV See navigation system and navigation bar.  of $12.02 on the same date.

Future earnings of the Fund can not be guaranteed and the Fund's dividend policy is subject to change. For more information on KTF please contact a representative at (800) 349.4281 or visit us on the web at www.cef.dws-scudder.com.

Past performance is no guarantee of future results. Annualized dividend yield is the latest monthly dividend shown as an annualized percentage of net asset value/market price at month end. Annualized dividend yield simply measures the level of dividends and is not a complete measure of performance. Market price, annualized dividend yield, net asset value are historical and will fluctuate and do not guarantee future results.
NOT FDIC/ NCUA INSURED   --   MAY LOSE VALUE   --   NO BANK GUARANTEE
NOT A DEPOSIT   --   NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY


DWS Municipal Income Trust seeks to provide high current income exempt from federal income tax by investing in a diversified 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.

Investments in 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.
 involve risk. Closed-end funds, unlike open-end funds, 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 net asset value. The price of the Fund's shares is determined by a number of factors, several of which are beyond the control of the Fund. Therefore, the Fund cannot predict whether its shares will trade at, below or above net asset value.

This announcement is not an offer to purchase or the solicitation of an offer to sell shares of the Fund or a prospectus, circular or representation intended for use in the purchase or sale of Fund shares.

DWS Scudder is part of Deutsche Asset Management, which is the marketing name in the US for the 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. Copyright [c] 2007 DWS Scudder Distributors, Inc.

(MARS 27475A 4/07)
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 5, 2007
Words:508
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