Headlines about Deutsche Municipal Income Trust (NYSE:KTF) have trended positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Deutsche Municipal Income Trust earned a coverage optimism score of 0.30 on Accern’s scale. Accern also assigned media stories about the investment management company an impact score of 46.0945928084904 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Deutsche Municipal Income Trust (NYSE KTF) opened at $11.30 on Wednesday. Deutsche Municipal Income Trust has a 12-month low of $11.11 and a 12-month high of $13.72.
The company also recently announced a monthly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Monday, March 19th will be given a dividend of $0.0525 per share. The ex-dividend date of this dividend is Friday, March 16th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 5.58%.
Deutsche Municipal Income Trust (the Fund) 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. Under normal circumstances, at least 80% of the Fund’s net assets, plus the amount of any borrowings for investment purposes, intends on being invested in municipal securities valued at the time of purchase within the four highest grades (Baa or BBB or better).
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