7,143 Shares in DWS Municipal Income Trust (NYSE:KTF) Acquired by Elequin Capital LP

Posted by Casey Walker on May 21st, 2025

Elequin Capital LP purchased a new position in shares of DWS Municipal Income Trust (NYSE:KTF – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,143 shares of the investment management company’s stock, valued at approximately $68,000.

A number of other large investors also recently modified their holdings of KTF. Navigoe LLC purchased a new position in DWS Municipal Income Trust in the fourth quarter valued at $63,000. Optimum Investment Advisors purchased a new position in shares of DWS Municipal Income Trust in the 4th quarter valued at about $76,000. Mariner LLC acquired a new stake in shares of DWS Municipal Income Trust during the 4th quarter worth about $102,000. Axxcess Wealth Management LLC purchased a new position in DWS Municipal Income Trust in the fourth quarter valued at approximately $213,000. Finally, Guggenheim Capital LLC acquired a new stake in DWS Municipal Income Trust during the fourth quarter worth approximately $224,000. 57.71% of the stock is owned by hedge funds and other institutional investors.

DWS Municipal Income Trust Stock Performance

Shares of DWS Municipal Income Trust stock opened at $9.05 on Wednesday. The company has a fifty day simple moving average of $9.14 and a 200-day simple moving average of $9.49. DWS Municipal Income Trust has a 12-month low of $8.75 and a 12-month high of $10.22.

DWS Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Monday, May 19th will be issued a dividend of $0.061 per share. This represents a $0.73 annualized dividend and a dividend yield of 8.09%. The ex-dividend date is Monday, May 19th.

DWS Municipal Income Trust Company Profile

(Free Report)

Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax.