DWS Closed-End Funds Announce Results of Annual Meeting of Shareholders
12 September 2018 - 11:00PM
Business Wire
Deutsche Multi-Market Income Trust (NYSE:KMM); Deutsche
Strategic Income Trust (NYSE:KST); DWS Municipal Income Trust
(NYSE:KTF); and DWS Strategic Municipal Income Trust
(NYSE:KSM) (each, a “Fund” and collectively, the “Funds”)
announced today the results of the 2018 Joint Annual Meeting of
Shareholders of the Funds held on September 12, 2018.
For each of KMM and KST, a quorum was present and the Class I
Trustee nominees (Mr. Keith R. Fox, Mr. Richard J. Herring and Mr.
William N. Searcy, Jr.) received a sufficient number of votes to be
elected as Trustees.
For each of KSM and KTF, a quorum was present and the Class I
Trustee nominees (Ms. Dawn Marie Driscoll, Mr. Richard J. Herring
and Mr. William N. Searcy, Jr.) and preferred share Trustee
nominees (Mr. Keith R. Fox and Dr. Paul K. Freeman) received a
sufficient number of votes from the common shareholders and
preferred shareholders, voting together as a single class, and from
the preferred shareholders only, voting as a separate class,
respectively, to be elected as Trustees.
For more information on each Fund visit dws.com or call (800)
349-4281.
Important Information
DWS Municipal Income Trust. Bond investments are
subject to interest-rate, credit, liquidity and market risks to
varying degrees. When interest rates rise, bond prices generally
fall. Credit risk refers to the ability of an issuer to make timely
payments of principal and interest. Investing in derivatives
entails special risks relating to liquidity, leverage and credit
that may reduce returns and/or increase volatility. Leverage
results in additional risks and can magnify the effect of any gains
or losses. Although the fund seeks income that is exempt from
federal income taxes, a portion of the fund’s distributions may be
subject to federal, state and local taxes, including the
alternative minimum tax.
DWS Strategic Municipal Income Trust. Bond investments
are subject to interest-rate, credit, liquidity and market risks to
varying degrees. When interest rates rise, bond prices generally
fall. Credit risk refers to the ability of an issuer to make timely
payments of principal and interest. Investing in derivatives
entails special risks relating to liquidity, leverage and credit
that may reduce returns and/or increase volatility. Leverage
results in additional risks and can magnify the effect of any gains
or losses. Although the fund seeks income that is exempt from
federal income taxes, a portion of the fund’s distributions may be
subject to federal, state and local taxes, including the
alternative minimum tax.
Deutsche Multi-Market Income Trust. Bond investments
are subject to interest-rate, credit, liquidity and market risks to
varying degrees. When interest rates rise, bond prices generally
fall. Credit risk refers to the ability of an issuer to make timely
payments of principal and interest. Investments in lower-quality
(“junk bonds”) and non-rated securities present greater risk of
loss than investments in higher-quality securities. Investing in
derivatives entails special risks relating to liquidity, leverage
and credit that may reduce returns and/or increase volatility.
Leverage results in additional risks and can magnify the effect of
any gains or losses. Emerging markets tend to be more volatile than
the markets of more mature economies, and generally have less
diverse and less mature economic structures and less stable
political systems than those of developed countries. Investing in
foreign securities presents certain risks, such as currency
fluctuations, political and economic changes, and market
risks.
Deutsche Strategic Income Trust. Bond investments are
subject to interest-rate, credit, liquidity and market risks to
varying degrees. When interest rates rise, bond prices generally
fall. Credit risk refers to the ability of an issuer to make timely
payments of principal and interest. Investments in lower-quality
(“junk bonds”) and non-rated securities present greater risk of
loss than investments in higher-quality securities. Investing in
derivatives entails special risks relating to liquidity, leverage
and credit that may reduce returns and/or increase volatility.
Leverage results in additional risks and can magnify the effect of
any gains or losses. Emerging markets tend to be more volatile than
the markets of more mature economies, and generally have less
diverse and less mature economic structures and less stable
political systems than those of developed countries. Investing in
foreign securities presents certain risks, such as currency
fluctuations, political and economic changes, and market
risks.
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 bought and 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, the fund cannot predict
whether its shares will trade at, below or above net asset
value.
Past performance is no guarantee of future results.
This press release shall not constitute an offer to sell or a
solicitation 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.
Nothing contained herein is fiduciary or
impartial investment advice that is individualized or directed to
any plan, plan participant, or IRA owner regarding the advisability
of any investment transaction, including any IRA distribution or
rollover.
NOT FDIC/ NCUA INSURED • MAY LOSE VALUE
• NO BANK GUARANTEE
NOT A DEPOSIT • NOT INSURED BY ANY
FEDERAL GOVERNMENT AGENCY
DWS Distributors, Inc.
222 South Riverside Plaza Chicago, IL 60606-5808
www.dws.com
Tel (800) 621-1148 © 2018 DWS Group GmbH & Co. KGaA. All rights
reserved
The brand DWS represents DWS Group GmbH & Co. KGaA and any
of its subsidiaries such as DWS Distributors, Inc. which offers
investment products or DWS Investment Management Americas, Inc. and
RREEF America L.L.C. which offer advisory services.
(R-060611-1) (09/18)
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DWS Press Office (212) 250-0072Shareholder Account Information
(800) 294-4366DWS Closed-End Funds (800) 349-4281 or
00-800-2287-2750 from outside the US
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