Deutsche Municipal Income Trust and Deutsche Strategic Municipal Income Trust Declare Capital Gain
Distribution
Each of Deutsche Municipal Income Trust and Deutsche Strategic Municipal Income Trust announced today a taxable short-term
capital gain distribution per common share. Each Fund has both common and preferred shares outstanding. In accordance with a
position taken by the Internal Revenue Service, each Fund is required to allocate a proportionate share of distributions designated
as taxable to both its common and preferred shares.
Details are as follows:
Declaration – 12/08/2017 |
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Ex-Date – 12/15/2017 |
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Record – 12/18/2017 |
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Payable – 12/29/2017 |
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Fund
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Ticker
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Short Term Capital Gain
(per common share)
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Deutsche Municipal Income Trust |
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KTF |
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$0.0087 |
Deutsche Strategic Municipal Income Trust |
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KSM |
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$0.0037 |
Important Information
Deutsche 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, credit,
liquidity and market risks to varying degrees. 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 gains or losses. Although the fund seeks income that is exempt from federal income taxes, a portion of
the fund’s distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
Deutsche 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, credit, liquidity and market risks to varying degrees. 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 gains or losses. Although the fund seeks income that is
exempt from federal income taxes, a portion of the fund’s distributions may be subject to federal, state and local taxes, including
the alternative minimum tax.
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, the 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.
Nothing contained herein is fiduciary or impartial investment advice that is individualized or directed to any plan, plan
participant, or IRA owner regarding the advisability of any investment transaction, including any IRA distribution or
rollover.
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NOT FDIC/ NCUA INSURED • MAY LOSE VALUE • NO BANK GUARANTEE |
NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
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Deutsche AM Distributors, Inc.
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222 South Riverside Plaza |
Chicago, IL 60606-5808 |
www.deutschefunds.com
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Tel (800) 621-1148 |
Copyright © 2017 Deutsche Bank AG. All Rights Reserved |
Deutsche Asset Management represents the asset management activities conducted by Deutsche Bank AG or any of its subsidiaries.
Investment products offered through Deutsche AM Distributors, Inc. Advisory services offered through Deutsche Investment Management
Americas Inc. (R-053688-1) (12/17)
For additional information:
Deutsche Bank Press Office (212) 250-7171
Shareholder Account Information (800) 294-4366
Deutsche Closed-End Funds (800) 349-4281 or 00-800-2287-2750 from outside the US
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