DWS Strategic Municipal Income Trust (NYSE:KSM – Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $9.63 and traded as high as $9.87. DWS Strategic Municipal Income Trust shares last traded at $9.87, with a volume of 29,980 shares trading hands.
DWS Strategic Municipal Income Trust Stock Performance
The business’s fifty day moving average price is $9.63 and its 200-day moving average price is $9.16.
DWS Strategic Municipal Income Trust Announces Dividend
The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 20th were given a $0.026 dividend. This represents a $0.31 annualized dividend and a yield of 3.16%. The ex-dividend date of this dividend was Thursday, June 20th.
Institutional Investors Weigh In On DWS Strategic Municipal Income Trust
DWS Strategic Municipal Income Trust Company Profile
Deutsche Strategic Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas Inc The fund invests in the fixed income markets of the United States. It primarily invests investment grade or unrated municipal securities of comparable quality, as well as in high-yield municipal securities that are below investment grade.
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