DWS Municipal Income Trust Declares Capital Gain Distribution
18 Dezember 2024 - 10:35PM
Business Wire
In addition to its regular monthly distribution, DWS Municipal
Income Trust announced today a taxable short-term capital gain
distribution per common share. The Fund has both common and
preferred shares outstanding. In accordance with a position taken
by the Internal Revenue Service, the Fund is required to allocate a
proportionate share of distributions designated as taxable to both
its common and preferred shares.
Details are as follows:
Declaration – 12/18/2024
Ex-Date – 12/30/2024
Record – 12/30/2024
Payable –
01/10/2025
Fund
Ticker
Short-Term Capital Gain (per common
share)
DWS Municipal Income Trust
KTF
$0.0156
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. Municipal securities are
subject to the risk that litigation, legislation or other political
events, local business or economic conditions or the bankruptcy of
the issuer could have a significant effect on an issuer’s ability
to make payments of principal and/or interest. The market for
municipal bonds may be less liquid than for taxable bonds, and
there may be less information available on the financial condition
of issuers of municipal securities than for public corporations.
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.
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.
Certain statements contained in this release may be
forward-looking in nature. These include all statements relating to
plans, expectations, and other statements that are not historical
facts and typically use words like “expect,” “anticipate,”
“believe,” “intend,” ”estimated” and similar expressions. Such
statements represent management’s current beliefs, based upon
information available at the time the statements are made, with
regard to the matters addressed. All forward-looking statements are
subject to risks and uncertainties that could cause actual results
to differ materially from those expressed in, or implied by, such
statements. Management does not undertake any obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events, or otherwise. The following
factors, among others, could cause actual results to differ
materially from forward-looking statements: (i) the effects of
adverse changes in market and economic conditions; (ii) legal and
regulatory developments; and (iii) other additional risks and
uncertainties, including public health crises (including the
pandemic spread of viruses), war, terrorism, trade disputes and
related geopolitical events.
War, terrorism, sanctions, economic uncertainty, trade
disputes, public health crises and related geopolitical events have
led, and, in the future, may lead to significant disruptions in US
and world economies and markets, which may lead to increased market
volatility and may have significant adverse effects on the Fund and
its investments.
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 © 2024 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-104037)
(12/24)
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DWS Press Office (212) 454-4500 Shareholder Account
Information (800) 294-4366 DWS Closed-End Funds (800)
349-4281
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