DWS MUN INCOME TR KTF
COM · Closed-End Fund · CUSIP 233368109
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $9.04.
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 82 |
| Q4 2022 | 80 |
| Q1 2023 | 80 |
| Q2 2023 | 81 |
| Q3 2023 | 87 |
| Q4 2023 | 79 |
| Q1 2024 | 78 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 39 | 33 |
| Q1 2023 | 29 | 39 |
| Q2 2023 | 34 | 31 |
| Q3 2023 | 37 | 35 |
| Q4 2023 | 36 | 37 |
| Q1 2024 | 32 | 34 |
Biggest buyers
| SIT INVESTMENT ASSOCIATES INC | Added | +396.6k |
| ROBINSON CAPITAL MANAGEMENT, LLC | New | +318.5k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | Added | +267.3k |
| MORGAN STANLEY | Added | +256.0k |
| Saba Capital Management, L.P. | Added | +135.4k |
| Bulldog Investors, LLP | Added | +94.2k |
| COHEN & STEERS, INC. | Added | +60.0k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Added | +45.9k |
| BANK OF AMERICA CORP /DE/ | Added | +39.1k |
| NOMURA HOLDINGS INC | New | +29.9k |
Biggest sellers
| 1607 Capital Partners, LLC | Reduced | -843.5k |
| Hennion & Walsh Asset Management, Inc. | Reduced | -123.4k |
| CAPTRUST FINANCIAL ADVISORS | Sold out | -46.0k |
| AQR Arbitrage LLC | Reduced | -44.5k |
| Rockefeller Capital Management L.P. | Reduced | -35.6k |
| Transform Wealth, LLC | Sold out | -34.8k |
| HighTower Advisors, LLC | Reduced | -31.3k |
| WELLS FARGO & COMPANY/MN | Reduced | -26.0k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Reduced | -24.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -22.0k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| SIT INVESTMENT ASSOCIATES INC 13G · institution no change · filed 2026-10-01 | 22.9% |
| Karpus Management, Inc. 13G · institution -1.4 pts · filed 2026-08-14 | 7.0% |
Fell to 5% or below in the last year: JPMorgan Chase Bank, N.A. (0.0%, 2026-10-16)
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $5.2k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 1.19% of their portfolio | 5.7m $51.6m | Added +396.6k |
| Saba Capital Management, L.P. 0.47% of their portfolio | 2.4m $21.3m | Added +135.4k |
| Pathstone Holdings, LLC 0.08% of their portfolio | 1.9m $17.0m | Added +3.0k |
| 1607 Capital Partners, LLC 1.15% of their portfolio | 1.6m $14.0m | Reduced -843.5k |
| Bulldog Investors, LLP 4.18% of their portfolio | 1.4m $12.7m | Added +94.2k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.54% of their portfolio | 1.2m $11.3m | Added +45.9k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $10.9m | Added +256.0k |
| Hennion & Walsh Asset Management, Inc. 0.35% of their portfolio | 721.2k $6.5m | Reduced -123.4k |
| Logan Stone Capital, LLC 1.08% of their portfolio | 554.9k $5.0m | Added +14.1k |
| Almitas Capital LLC 1.74% of their portfolio | 467.6k $4.2m | Unchanged |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.30% of their portfolio | 397.3k $3.6m | Added +267.3k |
| Capital Investment Advisors, LLC 0.08% of their portfolio | 364.0k $3.3m | Added +24.9k |
| ROBINSON CAPITAL MANAGEMENT, LLC 1.07% of their portfolio | 318.5k $3.0m | New |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 313.7k $2.8m | Added +14.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 269.6k $2.4m | Reduced -26.0k |
| AQR Arbitrage LLC 0.08% of their portfolio | 246.8k $2.2m | Reduced -44.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 218.8k $2.0m | Added +39.1k |
| Karpus Management, Inc. 0.05% of their portfolio | 188.1k $1.7m | Reduced -135 |
| MacKay Shields LLC 0.04% of their portfolio | 176.0k $1.6m | Unchanged |
| MELFA WEALTH MANAGEMENT, INC. 1.03% of their portfolio | 157.5k $1.4m | Reduced -1.5k |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 147.7k $1.3m | Unchanged |
| DEBUSSY CAPITAL MANAGEMENT LP 0.40% of their portfolio | 145.7k $1.4m | Reduced -19.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 145.0k $1.3m | Reduced -1.6k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 128.5k $1.2m | Reduced -17.2k |
| PARK AVENUE SECURITIES LLC 0.01% of their portfolio | 106.0k $957.0k | Reduced -1.6k |
| Indiana Trust & Investment Management Co 0.35% of their portfolio | 95.9k $866.3k | Unchanged |
| COHEN & STEERS, INC. 0.00% of their portfolio | 95.0k $858.0k | Added +60.0k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 90.5k $817.5k | Reduced -35.6k |
| ROTHSCHILD INVESTMENT LLC 0.06% of their portfolio | 89.6k $808.9k | Added +2.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 88.4k $798.6k | Added +9.4k |
| RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio | 84.5k $763.4k | Reduced -1.6k |
| UBS Group AG 0.00% of their portfolio | 83.9k $757.2k | Reduced -3.8k |
| U.S. Capital Wealth Advisors, LLC 0.03% of their portfolio | 77.7k $701.5k | Added +9.9k |
| LPL Financial LLC 0.00% of their portfolio | 77.1k $696.5k | Reduced -661 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 76.9k $694.7k | Added +1 |
| Ategra Capital Management, LLC 0.30% of their portfolio | 71.6k $646.7k | Unchanged |
| Livelsberger Financial Advisory 6.98% of their portfolio | 62.0k $589.8k | Added +163 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.04% of their portfolio | 54.5k $492.1k | Reduced -24.0k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 51.5k $464.7k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 50.8k $458.8k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 40.9k $369.1k | Reduced -2.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 38.7k $350.0k | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 32.7k $295.6k | Reduced -5.6k |
| Cetera Investment Advisers 0.00% of their portfolio | 31.4k $283.8k | Added +19.0k |
| NOMURA HOLDINGS INC 0.00% of their portfolio | 29.9k $269.8k | New |
| Equitable Holdings, Inc. 0.00% of their portfolio | 27.6k $249.2k | Added +173 |
| Thomas J. Herzfeld Advisors, Inc. 0.09% of their portfolio | 26.9k $243.3k | Added +8.4k |
| Basepoint Wealth LLC 0.18% of their portfolio | 26.5k $239.5k | Added +182 |
| Choate Investment Advisors 0.01% of their portfolio | 26.2k $236.6k | Unchanged |
| Summit Financial Wealth Advisors, LLC 0.05% of their portfolio | 25.9k $233.9k | Reduced -3.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 25.9k $234.0k | Reduced -1.5k |
| Avior Wealth Management, LLC 0.01% of their portfolio | 24.0k $216.5k | New |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 20.5k $185.0k | Added +969 |
| Ironsides Asset Advisors, LLC 0.06% of their portfolio | 18.8k $169.3k | Added +736 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 18.7k $168.7k | Reduced -562 |
| INTEGRATED CAPITAL MANAGEMENT, INC. 0.14% of their portfolio | 18.6k $167.6k | Added +566 |
| Camelot Portfolios, LLC 0.14% of their portfolio | 16.3k $147.1k | Reduced -7.3k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 13.6k $122.0k | New |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 13.3k $119.8k | Reduced -25 |
| HighTower Advisors, LLC 0.00% of their portfolio | 12.9k $118.0k | Reduced -31.3k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.02% of their portfolio | 12.9k $116.3k | Added +4.0k |
| BROWN ADVISORY INC 0.00% of their portfolio | 12.1k $109.3k | New |
| Creative Planning 0.00% of their portfolio | 11.6k $105.0k | Reduced -11.1k |
| Gridiron Partners, LLC 0.06% of their portfolio | 10.6k $95.5k | Reduced -4.8k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 3.0k $27.1k | Unchanged |
| CoreCap Advisors, LLC 0.00% of their portfolio | 2.5k $22.6k | New |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 2.1k $19.0k | New |
| BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio | 1.3k $11.8k | Unchanged |
| Plante Moran Financial Advisors, LLC 0.00% of their portfolio | 1.0k $9.0k | Unchanged |
| Cape Investment Advisory, Inc. 0.00% of their portfolio | 976 $8.8k | Unchanged |
| Householder Group Estate & Retirement Specialist, LLC 0.00% of their portfolio | 667 $6.0k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 528 $4.8k | Unchanged |
| Pathway Financial Advisers, LLC 0.00% of their portfolio | 505 $4.6k | Reduced -1 |
| Caldwell Trust Co 0.00% of their portfolio | 500 $4.5k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 414 $3.7k | Reduced -87 |
| MACROVIEW INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 250 $2.3k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 200 $1.8k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |