The DWS closed-end funds listed below announced today regular monthly
distributions.
Details are as follows:
September Monthly Dividends
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Declaration- 9/11/2013
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Ex-Date- 9/19/2013
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Record- 9/23/2013
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Payable- 9/30/2013
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Fund
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Ticker
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Dividend
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Prior Dividend
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DWS High Income Trust
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KHI
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$0.060
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$0.060
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DWS Municipal Income Trust
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KTF
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$0.070
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$0.070
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DWS Multi-Market Income Trust
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KMM
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$0.070
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$0.070
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DWS Strategic Municipal Income Trust
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KSM
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$0.077
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$0.077
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DWS Strategic Income Trust
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KST
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$0.085
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$0.085
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DWS High Income Opportunities Fund, Inc.
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DHG
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$0.0930
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$0.0935
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DWS Global High Income Fund, Inc.
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LBF
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$0.0475
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$0.0475
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Important Information
DWS High Income Trust seeks to provide the highest current income
obtainable, consistent with reasonable risk, with capital gains
secondary. Bond investments are subject to interest-rate and credit
risks. When interest rates rise, bond prices generally fall. Credit risk
refers to the ability of an issuer to make timely payments of principal
and interest. Investments in lower-quality (“junk bonds”) and non-rated
securities present greater risk of loss than investments in
higher-quality securities. Investing in derivatives entails special
risks relating to liquidity, leverage and credit that may reduce returns
and/or increase volatility. Leverage results in additional risks and can
magnify the effect of any losses. Investing in foreign securities,
particularly those of emerging markets, presents certain risks, such as
currency fluctuations, political and economic changes, and market risks.
DWS Municipal Income Trust seeks to provide high current income exempt
from federal income tax by investing in a diversified portfolio of
investment-grade tax-exempt securities. Bond investments are subject to
interest-rate and credit risks. When interest rates rise, bond prices
generally fall. Credit risk refers to the ability of an issuer to make
timely payments of principal and interest. Investing in derivatives
entails special risks relating to liquidity, leverage and credit that
may reduce returns and/or increase volatility. Leverage results in
additional risks and can magnify the effect of any losses. Although the
fund seeks income that is federally tax-free, a portion of the fund’s
distributions may be subject to federal, state and local taxes,
including the alternative minimum tax.
DWS Multi-Market Income Trust seeks to provide high income consistent
with prudent total return. The fund invests in a range of
income-producing securities such as US corporate fixed-income securities
and debt obligations of foreign governments, their agencies and
instrumentalities which may be denominated in foreign currencies and may
not be rated. Bond investments are subject to interest-rate and credit
risks. When interest rates rise, bond prices generally fall. Credit risk
refers to the ability of an issuer to make timely payments of principal
and interest. Investments in lower-quality (“junk bonds”) and non-rated
securities present greater risk of loss than investments in
higher-quality securities. Investing in derivatives entails special
risks relating to liquidity, leverage and credit that may reduce returns
and/or increase volatility. Leverage results in additional risks and can
magnify the effect of any losses. Investing in foreign securities,
particularly those of emerging markets, presents certain risks, such as
currency fluctuations, political and economic changes, and market risks.
DWS Strategic Municipal Income Trust seeks a high level of current
income exempt from federal income tax. The fund will invest at least 50
percent of its assets in investment-grade municipal securities or
unrated municipal securities of comparable quality, and may invest up to
50 percent of its assets in high-yield municipal securities that are
below investment grade. Bond investments are subject to interest-rate
and credit risks. When interest rates rise, bond prices generally fall.
Credit risk refers to the ability of an issuer to make timely payments
of principal and interest. Investing in derivatives entails special
risks relating to liquidity, leverage and credit that may reduce returns
and/or increase volatility. Leverage results in additional risks and can
magnify the effect of any losses. Although the fund seeks income that is
federally tax-free, a portion of the fund’s distributions may be subject
to federal, state and local taxes, including the alternative minimum tax.
DWS Strategic Income Trust seeks to provide high current income by
investing its assets in a combination of (a) lower-rated, corporate
fixed-income securities; (b) fixed-income securities of emerging markets
and other foreign issuers; and (c) fixed-income securities of the US
government and its agencies and instrumentalities, and mortgage-backed
issuers. Bond investments are subject to interest-rate and credit risks.
When interest rates rise, bond prices generally fall. Credit risk refers
to the ability of an issuer to make timely payments of principal and
interest. Investments in lower-quality (“junk bonds”) and non-rated
securities present greater risk of loss than investments in
higher-quality securities. Investing in derivatives entails special
risks relating to liquidity, leverage and credit that may reduce returns
and/or increase volatility. Leverage results in additional risks and can
magnify the effect of any losses. Investing in foreign securities,
particularly those of emerging markets, presents certain risks, such as
currency fluctuations, political and economic changes, and market risks.
DWS High Income Opportunities Fund, Inc. is a diversified, closed-end
investment company. The Fund's investment objective is to seek high
current income with a secondary objective of total return. The Fund
pursues its investment objectives by investing primarily in securities
designed to generate income, with the potential for capital appreciation
being a secondary consideration. The Fund may invest in a broad range of
income-producing securities, including, but not limited to, domestic and
foreign debt securities of any credit quality or maturity (including
below investment grade debt securities and debt securities of issuers
located in countries with new or emerging securities markets),
convertible securities (including convertible bonds), dividend-paying
common stocks, preferred stocks, and securities of real estate
investment trusts (“REITS”), energy trusts and other investment
companies. The Fund may invest in debt securities not paying interest
currently and securities in default. In addition, the Fund may invest in
senior bank loans, including bank loan participations and assignments.
The Fund may buy or sell protection on credit exposure and may also
purchase securities on a when-issued basis and engage in short sales.
The Fund may invest in cash or money market instruments in the event
portfolio management determines that securities meeting the Fund’s
investment objectives are not readily available for purchase. Future
earnings of the Fund can not be guaranteed and the Fund's dividend
policy is subject to change. Any fund that concentrates in a particular
segment of the market will generally be more volatile than a fund that
invests more broadly. Bond investments are subject to interest-rate and
credit risks. When interest rates rise, bond prices generally fall.
Credit risk refers to the ability of an issuer to make timely payments
of principal and interest. Investments in lower-quality (“junk bonds”)
and non-rated securities present greater risk of loss than investments
in higher-quality securities. Investing in foreign securities,
particularly those of emerging markets, presents certain risks, such as
currency fluctuations, political and economic changes, and market risks.
Stocks may decline in value. Investing in derivatives entails special
risks relating to liquidity, leverage and credit that may reduce returns
and/or increase volatility. Leverage results in additional risks and can
magnify the effect of any losses. There are special risks associated
with an investment in real estate, including REITS. These risks include
credit risk, interest rate fluctuations and the impact of varied
economic conditions.
DWS Global High Income Fund, Inc. is subject to investment risk. Bond
and loan investments are subject to interest-rate and credit risks. When
interest rates rise, bond prices generally fall. Credit risk refers to
the ability of an issuer to make timely payments of principal and
interest. Floating rate loans tend to be rated below-investment grade
and may be more vulnerable to economic or business changes than issuers
with investment-grade credit. Investing in foreign securities,
particularly those of emerging markets, presents certain risks, such as
currency fluctuations, political and economic changes, and market risks.
Leverage results in additional risks and can magnify the effect of any
gains or losses.
Closed-end funds, unlike open-end funds, are not continuously offered.
There is a one-time public offering and once issued, shares of
closed-end funds are bought and sold in the open market through a stock
exchange. Shares of closed-end funds frequently trade at a discount to
the net asset value. The price of a fund’s shares is determined by a
number of factors, several of which are beyond the control of the fund.
Therefore, a fund cannot predict whether its shares will trade at, below
or above net asset value.
Past performance is no guarantee of future results.
This press release shall not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these securities in
any state or jurisdiction in which such offer or solicitation or sale
would be unlawful prior to registration or qualification under the laws
of such state or jurisdiction.
NOT FDIC/ NCUA INSURED • MAY LOSE VALUE • NO BANK GUARANTEE
NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Deutsche Asset & Wealth Management represents the asset management and
wealth management activities conducted by Deutsche Bank AG or any of its
subsidiaries. Clients will be provided Deutsche Asset & Wealth
Management products or services by one or more legal entities that will
be identified to clients pursuant to the contracts, agreements, offering
materials or other documentation relevant to such products or services. (R-32600-1
9/13)
Copyright Business Wire 2013