DWS Municipal Income Trust Declares Monthly Distribution: KTF Announces $0.0610 Per Share Distribution

DWS Municipal Income Trust has declared a monthly distribution of $0.0610 per share, with an ex-date of 12/18/2024 and payable on 12/30/2024. The fund intends to distribute all or substantially all of its net investment income each year and to distribute realized capital gains at least annually. A portion of the December distribution is estimated to consist of a return of capital, which may not reflect the fund's investment performance.

The DWS Municipal Income Trust (KTF) recently announced its regular monthly distribution for November 2024. The ex-date for the distribution is November 20, 2024, with a record date and payable date of November 20 and November 29, respectively [1]. The fund intends to distribute all or substantially all of its net investment income each year through regular monthly distributions and to distribute any realized capital gains at least annually [1].

The distribution per share for KTF is estimated to be $0.0610, which is equal to the prior distribution [1]. It is essential to note that the fund may distribute more or less than its net investment income during a particular period to maintain its declared per common share distribution amount [1]. In such cases, the excess distribution may include realized gains and/or a return of capital [1].

A return of capital is a distribution made by a fund that returns some or all of a shareholder's investment to them [1]. It does not reflect the fund's investment performance and should not be confused with "yield" or "income" [1]. Investors should not draw any conclusions about the fund's investment performance based on the amount of its monthly distribution [1].

Bond investments in KTF are subject to various risks, including interest-rate, credit, liquidity, and market risks [1]. When interest rates rise, bond prices generally fall, which can negatively impact the fund's performance [1]. Credit risk refers to the ability of an issuer to make timely payments of principal and interest [1]. 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 impact on the fund's performance [1].

In conclusion, the DWS Municipal Income Trust's monthly distribution announcement for November 2024 highlights the fund's intention to distribute all or substantially all of its net investment income each year and to distribute realized capital gains at least annually. While the distribution per share remains unchanged from the prior month, it is crucial for investors to understand the potential risks associated with bond investments and the implications of a return of capital distribution.

References:
[1] Business Wire. DWS Municipal Income Trust Announces Regular November Monthly Distribution. November 8, 2024. https://markets.ft.com/data/announce/detail?dockey=600-202411081630BIZWIRE_USPRX____20241108_BW194809-1