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DWS Strategic Municipal Income Trust (KSM)

  • Sep. 30, 2014, 8:57 AM
    • Philip Condon is out as co-lead portfolio manager of the Deutsche Municipal Income Trust (NYSE:KTF) and the Deutsche Strategic Municipal Income Trust (NYSE:KSM).
    • Replacing him on both is Ashton Goodfield, while Condon's previous co-lead PMs on both funds remain.
    • Press release
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Company Description
To seek a high level of current income exempt from federal income tax by investing in a diversified portfolio of investment-grade, tax-exempt securities. It invests more than 50% of its assets in investment-grade municipal bonds or unrated municipal bonds