DWS Municipal Income Trust

DWS Municipal Income Trust (KTF) is a closed-ended fixed income mutual fund managed by Deutsche Investment Management Americas, Inc. The fund primarily invests in investment-grade tax-exempt municipal securities issued by U.S. states, cities, and other local government entities. These securities are exempt from federal income tax, making the fund attractive to investors seeking tax-advantaged income. The fund focuses on bonds rated Baa or BBB or better by Moody's or S&P, ensuring a focus on credit quality. Its performance is benchmarked against the Barclays Municipal Bond Index. The trust was originally known as DWS Municipal Income Trust and was formed on October 20, 1988.

DWS Municipal Income Trust (KTF) is listed on the New York Stock Exchange (NYSE) under the ticker symbol KTF. The fund trades in U.S. dollars (USD), reflecting its focus on U.S. municipal securities. As a closed-end fund listed on a major U.S. exchange, it provides liquidity to investors who can buy and sell shares on the secondary market. The fund's net asset value (NAV) is calculated in USD, and all distributions are paid in U.S. dollars. Being listed on the NYSE also subjects the fund to regulatory oversight by the U.S. Securities and Exchange Commission (SEC).

DWS Municipal Income Trust (KTF) operates in the Financial Services sector, specifically within the Asset Management industry. As a closed-end fund, its primary business is managing a portfolio of municipal bonds to generate income for shareholders. The fund falls under the asset management category because it pools investor capital to invest in a diversified portfolio of securities, in this case, tax-exempt municipal bonds. The fund is managed by Deutsche Investment Management Americas, Inc., a subsidiary of Deutsche Bank, which provides professional investment management services. This classification places KTF among other investment vehicles like mutual funds and ETFs that focus on fixed-income strategies.

DWS Municipal Income Trust (KTF) is domiciled in the United States and focuses exclusively on the U.S. fixed income market. The fund invests in tax-exempt municipal securities issued by state and local governments across the country. These securities are exempt from federal income tax, which is a key feature for U.S. investors in higher tax brackets. The fund's benchmark, the Barclays Municipal Bond Index, tracks the performance of the U.S. municipal bond market. While the fund does not have a specific regional concentration within the U.S., its holdings are diversified across various states and municipalities. The fund was formed on October 20, 1988, and has been providing tax-advantaged income to U.S. investors since then.