DWS Municipal Income Trust (NYSE:KTF) Shares Pass Below 200-Day Moving Average – Should You Sell?

Posted by ABMN Staff on Mar 18th, 2025

DWS Municipal Income Trust (NYSE:KTF – Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $9.75 and traded as low as $9.34. DWS Municipal Income Trust shares last traded at $9.39, with a volume of 185,337 shares traded.

DWS Municipal Income Trust Trading Up 0.5 %

The company’s fifty day moving average is $9.55 and its 200 day moving average is $9.75.

DWS Municipal Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be given a dividend of $0.061 per share. This represents a $0.73 annualized dividend and a yield of 7.80%. The ex-dividend date of this dividend is Thursday, March 20th.

Institutional Trading of DWS Municipal Income Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Navigoe LLC bought a new stake in DWS Municipal Income Trust during the fourth quarter worth $63,000. Elequin Capital LP bought a new stake in DWS Municipal Income Trust during the fourth quarter worth $68,000. Optimum Investment Advisors bought a new stake in DWS Municipal Income Trust during the fourth quarter worth $76,000. Mariner LLC bought a new position in shares of DWS Municipal Income Trust in the fourth quarter valued at about $102,000. Finally, Walleye Capital LLC bought a new position in shares of DWS Municipal Income Trust in the third quarter valued at about $114,000. 57.71% of the stock is owned by institutional investors.

DWS Municipal Income Trust Company Profile

(Get 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.