DWS Strategic Municipal Income TrustKSM
Market Cap: $112M
About: DWS Strategic Municipal Income Trust is a closed-end, diversified management investment company. The fund's investment objective is to provide a high level of current income exempt from federal income tax. It seeks to achieve its investment objective by investing in a portfolio of tax-exempt municipal securities. Its products include ETFs, Mutual Funds, Closed-End-Funds, Money Market Funds, and others.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
16% more capital invested
Capital invested by funds: $44.5M [Q1] → $51.6M (+$7.08M) [Q2]
2.3% more ownership
Funds ownership: 45.06% [Q1] → 47.36% (+2.3%) [Q2]
0% more funds holding
Funds holding: 34 [Q1] → 34 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Research analyst outlook
We haven’t received any recent analyst ratings for KSM.