Six Deutsche closed-end funds announce distributions for December 2016.
M2 EQUITYBITES-December 12, 2016-Six Deutsche closed-end funds announce distributions for December 2016
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The Deutsche closed-end funds, Deutsche Global High Income Fund Inc (NYSE:LBF); Deutsche High Income Opportunities Fund Inc (NYSE:DHG); Deutsche Multi-Market Income Trust (NYSE:KMM); Deutsche Municipal Income Trust (NYSE:KTF); Deutsche Strategic Income Trust (NYSE:KST); and Deutsche Strategic Municipal Income Trust (NYSE:KSM) disclosed on Saturday their regular monthly distributions of USD0.0300, USD0.0675, USD0.0350, USD0.0700, USD0.0400 and USD0.0575 per share, respectively, for December 2016.
DHG's dividend is up from the USD0.0650 per share paid out earlier, KMM's dividend is down from the earlier dividend of USD0.0410 per share, KST and KSM will pay a reduced dividend from the earlier dividend of USD0.0500 and USD0.0600 per share, respectively, paid out earlier.
With an ex-dividend date of 15 December 2016, all shareholders of record date on 19 December 2016 will be paid the dividends on 30 December 2016.
All of the above closed end funds that seek high current income with a secondary objective of capital appreciation or total return. Some funds also seek to provide high current income exempt from federal income tax, such as KTF and KSM.
Deutsche Asset Management represents the asset management activities of Deutsche Bank AG or any of its subsidiaries and Deutsche Asset Management's products or services are provided by one or more legal entities under the contracts, agreements, offering materials or other documentation relevant to them with the clients.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Dec 12, 2016|
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