Two DWS closed-end funds announce distributions for April 2019.
M2 EQUITYBITES-April 8, 2019-Two DWS closed-end funds announce distributions for April 2019
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DWS closed-end funds, DWS Municipal Income Trust (NYSE:KTF) and DWS Strategic Municipal Income Trust (NYSE:KSM) on Saturday declared regular monthly distributions.
KTF will pay a distribution of USD0.0425 per share and KSM will pay USD0.0475 per share, both unchanged from that paid out earlier.
With an ex-distribution date of 12 April 2019, all shareholders of record date on 15 April 2019 will receive the payment on 30 April 2019.
Closed end funds, KTF and KSM seek income that is exempt from federal income taxes, while a part of their distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
The brand DWS represents DWS Group GmbH & Co KGaA and any of its subsidiaries such as DWS Distributors Inc that offers investment products or DWS Investment Management Americas Inc and RREEF America LLC, which offer advisory services.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Apr 8, 2019|
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