KTF - Scudder Municipal Income Tr

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Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc. The fund focuses on investing in the fixed income markets across the United States. Its primary investments are in investment-grade tax-exempt municipal securities, which are exempt from federal income tax, offering a tax-efficient income stream for investors.

The fund specifically targets securities that are rated Baa or BBB or better by Moody's or S&P, ensuring a focus on high credit quality. This strategy aims to provide a balance of risk and return, appealing to investors seeking stability and income. The portfolio's performance is benchmarked against the Barclays Municipal Bond Index, allowing for a transparent measure of its success relative to the broader market.

Originally known as DWS Municipal Income Trust, the fund has undergone rebranding but continues to maintain its core investment strategy and objectives. The rebranding aligns it more closely with its managing entity, Deutsche Investment Management Americas, Inc., and reflects its commitment to providing robust municipal bond investment opportunities.

Deutsche Municipal Income Trust was established on October 20, 1988, and is domiciled in the United States. Over the years, it has built a reputation for prudent management and consistent performance in the municipal bond market, catering to investors seeking federally tax-exempt income through a diversified portfolio of high-quality municipal bonds.

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