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Name

As of 04/15/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

DWS Municipal Income Trust

XKTFX | Fund

$10.22

$424 M

0.00%

1.47%

Vitals

YTD Return

-2.6%

1 yr return

-1.3%

3 Yr Avg Return

-7.1%

5 Yr Avg Return

-3.3%

Net Assets

$424 M

Holdings in Top 10

13.5%

52 WEEK LOW AND HIGH

$10.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.47%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 19.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 04/15/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

DWS Municipal Income Trust

XKTFX | Fund

$10.22

$424 M

0.00%

1.47%

XKTFX - Profile

Distributions

  • YTD Total Return -2.6%
  • 3 Yr Annualized Total Return -7.1%
  • 5 Yr Annualized Total Return -3.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.72%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    DWS Municipal Income Trust
  • Fund Family Name
    DWS
  • Inception Date
    Sep 26, 2001
  • Shares Outstanding
    39500938
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Generazo

Fund Description

XKTFX - Performance

Return Ranking - Trailing

Period XKTFX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -4.3% 12.8% 96.95%
1 Yr -1.3% -6.8% 33.2% 95.85%
3 Yr -7.1%* -11.3% 2.8% 97.08%
5 Yr -3.3%* -6.0% 1102.3% 97.50%
10 Yr 0.4%* -0.4% 248.2% 98.28%

* Annualized

Return Ranking - Calendar

Period XKTFX Return Category Return Low Category Return High Rank in Category (%)
2023 6.5% -1.4% 41.0% 0.52%
2022 -22.4% -39.7% 0.3% 98.55%
2021 -0.6% -5.6% 6.9% 54.74%
2020 1.8% -2.6% 310.0% 47.22%
2019 5.7% 0.0% 26.0% 7.17%

Total Return Ranking - Trailing

Period XKTFX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -4.3% 12.8% 96.95%
1 Yr -1.3% -6.8% 33.2% 95.85%
3 Yr -7.1%* -11.3% 2.8% 97.08%
5 Yr -3.3%* -6.0% 1102.3% 97.50%
10 Yr 0.4%* -0.4% 248.2% 98.28%

* Annualized

Total Return Ranking - Calendar

Period XKTFX Return Category Return Low Category Return High Rank in Category (%)
2023 6.5% -1.3% 41.0% 28.40%
2022 -22.4% -39.7% 1.1% 98.75%
2021 -0.6% -4.8% 23761504.0% 96.35%
2020 1.8% -1.5% 17057.9% 91.59%
2019 8.0% 0.2% 3514.6% 14.13%

NAV & Total Return History

XKTFX - Holdings

Concentration Analysis

XKTFX Category Low Category High XKTFX % Rank
Net Assets 424 M 3.22 M 71.9 B 51.29%
Number of Holdings 293 2 13067 40.92%
Net Assets in Top 10 82.8 M -317 M 3.4 B 48.35%
Weighting of Top 10 13.54% 1.9% 100.4% 69.60%

Top 10 Holdings

  1. MAIN STR NAT GAS INC GA GAS PROJ REV 5.5% 1.81%
  2. DENVER COLO CITY & CNTY ARPT REV 5% 1.74%
  3. NEW YORK ST URBAN DEV CORP REV 4% 1.43%
  4. COLORADO HEALTH FACS AUTH REV 4% 1.39%
  5. LOS ANGELES CALIF DEPT ARPTS ARPT REV 5% 1.30%
  6. CHICAGO ILL O HARE INTL ARPT REV 6% 1.29%
  7. SA ENERGY ACQUISITION PUB FAC CORP TEX GAS SUPPLY REV 5.5% 1.28%
  8. CENTRAL TEX REGL MOBILITY AUTH REV 4% 1.25%
  9. INDIANA FIN AUTH HOSP REV 5% 1.24%
  10. SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5% 1.18%

Asset Allocation

Weighting Return Low Return High XKTFX % Rank
Bonds 		99.66% 0.00% 150.86% 20.09%
Cash 		0.34% -50.86% 50.09% 81.32%
Stocks 		0.00% 0.00% 99.81% 55.23%
Preferred Stocks 		0.00% 0.00% 0.52% 49.58%
Other 		0.00% -8.54% 33.35% 50.68%
Convertible Bonds 		0.00% 0.00% 0.93% 49.58%

Bond Sector Breakdown

Weighting Return Low Return High XKTFX % Rank
Municipal 		99.66% 44.39% 100.00% 25.31%
Cash & Equivalents 		0.34% 0.00% 48.02% 42.92%
Derivative 		0.00% -8.54% 23.38% 49.00%
Securitized 		0.00% 0.00% 5.93% 50.42%
Corporate 		0.00% 0.00% 9.41% 58.73%
Government 		0.00% 0.00% 52.02% 53.67%

Bond Geographic Breakdown

Weighting Return Low Return High XKTFX % Rank
US 		99.51% 0.00% 142.23% 19.91%
Non US 		0.15% 0.00% 23.89% 9.31%

XKTFX - Expenses

Operational Fees

XKTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.47% 0.01% 20.65% 17.09%
Management Fee 0.55% 0.00% 1.20% 94.12%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

XKTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

XKTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XKTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.00% 0.00% 283.00% 55.98%

XKTFX - Distributions

Dividend Yield Analysis

XKTFX Category Low Category High XKTFX % Rank
Dividend Yield 0.00% 0.00% 14.53% 97.87%

Dividend Distribution Analysis

XKTFX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

XKTFX Category Low Category High XKTFX % Rank
Net Income Ratio 3.72% -0.53% 5.33% 3.99%

Capital Gain Distribution Analysis

XKTFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XKTFX - Fund Manager Analysis

Managers

Michael Generazo

Start Date

Tenure

Tenure Rank

Jan 01, 2010

12.42

12.4%

Portfolio Manager for Municipal Bond Funds: Boston, MA Joined the Company in 1999 with 6 years of industry experience. Prior to his current role, Michael was a Municipal Bond Trader for Private Investment Clients. Previously, he served as a Trader and Portfolio Manager at Breckenridge Capital Advisors and as a Senior Financial Reporting Analyst at Massachusetts Financial Services. Michael began his career as a Financial Reporting Analyst at The Boston Company BS from Bryant College; MBA from Suffolk University

Chad Farrington

Start Date

Tenure

Tenure Rank

Oct 01, 2021

0.66

0.7%

Portfolio Manager for Municipal Bonds - Joined DWS in 2018 with 20 years of industry experience; previously, worked as Portfolio Manager, Head of Municipal Research, and Senior Credit Analyst at Columbia Threadneedle - BS, Montana State University

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.37 1.58

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