DWS Municipal Income Trust (N:KTF)
Business Focus: Closed End Funds
| Sector: Financials | Industry: Closed End Funds |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 155 Federal St Ste 700 BOSTON MA 02110-1727 |
| Tel: | 1-49-91014700 |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Hepsen Uzcan President, Chief Executive Officer | Diane George Kenneally Chief Financial Officer, Treasurer | Scott D. Hogan Chief Compliance Officer |
| John Millette Vice President, Secretary | Paul Antosca Assistant Treasurer | Sheila Cadogan Assistant Treasurer |
| Caroline Pearson Chief Legal Officer | Christian Rijs Anti-Money Laundering Compliance Officer | Ciara Crawford Assistant Secretary |
| Business Overview |
| DWS Municipal Income Trust (the Fund) is a closed-end, diversified management investment company. The Fund's investment objective is to provide a high level of current income exempt from federal income tax. Under normal circumstances, at least 80% of the Fund's net assets, plus the amount of any borrowings for investment purposes, will be invested in municipal securities. The Fund principally invests in investment grade tax-exempt municipal securities or unrated municipal securities and may invest up to 20% of its total assets in high-yield municipal securities that are below investment grade or unrated municipal securities. The Fund may not invest more than 20% of its net assets in unrated municipal securities. The Fund invests in various states, such as Texas, Florida, New York, Illinois and California. The Fund's investment advisor is DWS Investment Management Americas, Inc. |
| Financial Overview |
| For the fiscal year ended 30 November 2023, DWS Municipal Income Trust revenues increased 6% to $27.3M. Net income totaled $15.5M vs. loss of $91.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Unrealized G/L on Investment Securities increase from $87.1M (expense) to $14.2M (income), Net realized gain (loss) from investment decrease of 44% to $11.8M (expense). |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | N/A |
| Annual revenue (TTM): | $27.31M as of Nov 30, 2023 |
| EBITDA (TTM): | $13.07M as of Nov 30, 2023 |
| Net annual income (TTM): | $15.48M as of Nov 30, 2023 |
| Free cash flow (TTM): | $48.27M as of Nov 30, 2023 |
| Net Debt Last Fiscal Year: | $206.02M as of Nov 30, 2023 |
| Shares outstanding: | 39,172,838 as of Nov 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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