DWS Strategic Municipal Income Trust (KSM)
8.42
+0.09
(+1.08%)
USD |
NYSE |
Mar 30, 16:00
8.42
0.00 (0.00%)
After-Hours: 20:00
Key Stats
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 2.60% | -14.74% | 109.46M | 22126.60 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 4.96% | 62.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| 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. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Muni |
| Category Index | Bloomberg 65% High Grade/35% HY TR USD |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Municipal Bond - National |
| Fund Owner Firm Name | DWS |
| Prospectus Benchmark Index | |
| Bloomberg Municipal TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Michael Generazo | 4.68 yrs |
| Chad Farrington | 4.22 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
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-3.269B
Category Low
2.129B
Category High
3 Months
% Rank:
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Category Low
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Category High
3 Years
% Rank:
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Category Low
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Category High
6 Months
% Rank:
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Category Low
--
Category High
5 Years
% Rank:
--
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Category Low
--
Category High
YTD
% Rank:
--
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Category Low
--
Category High
10 Years
% Rank:
--
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Category Low
--
Category High
Date Unavailable
Risk
Performance Versus Category
As of March 29, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 29, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
MASSACHUSETTS ST DEV FIN AGY REV 5%
|
2.93% | -- | -- |
|
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%
|
1.83% | -- | -- |
|
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
|
1.76% | -- | -- |
|
TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV 5%
|
1.17% | -- | -- |
|
PUERTO RICO COMWLTH 4%
|
1.17% | -- | -- |
|
ILLINOIS ST 5%
|
1.11% | -- | -- |
|
SOUTH CAROLINA ST PORTS AUTH PORTS REV 4%
|
1.02% | -- | -- |
|
ALASKA INDL DEV & EXPT AUTH REV 4%
|
0.97% | -- | -- |
|
PUBLIC FIN AUTH WIS REV 4%
|
0.95% | -- | -- |
|
M-S-R ENERGY AUTH CALIF GAS REV 7%
|
0.93% | -- | -- |
News
Headline
Wire
Time (ET)
SA Breaking News
01/11 13:38
SA Breaking News
04/08 03:35
Basic Info
| Investment Strategy | |
| 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. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Muni |
| Category Index | Bloomberg 65% High Grade/35% HY TR USD |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Municipal Bond - National |
| Fund Owner Firm Name | DWS |
| Prospectus Benchmark Index | |
| Bloomberg Municipal TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Michael Generazo | 4.68 yrs |
| Chad Farrington | 4.22 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-30-23) | 4.96% |
| 30-Day SEC Yield (11-30-17) | Upgrade |
| 7-Day SEC Yield (12-13-17) | Upgrade |
| Number of Holdings | Upgrade |
| Bond | |
| Current Yield | 4.95% |
| Yield to Maturity | -- |
| Effective Duration | -- |
| Average Coupon | Upgrade |
| Average Credit Score | Upgrade |
| Average Price | Upgrade |
As of January 31, 2023
Fund Details
| Key Dates | |
| Inception Date | 3/22/1989 |
| Last Annual Report Date | 11/30/2022 |
| Last Prospectus Date | 9/20/1999 |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan |
|
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
SA Breaking News
01/11 13:38
SA Breaking News
04/08 03:35