Vault-13

DWS MUN INCOME TR KTF

COM · Closed-End Fund · CUSIP 233368109

77 institutional holders -1 vs Q1 2024
21,409,62721.4m shares reported held*
$202.7mreported value*
13 new 23 added 27 reduced 14 sold out net sold ≈ $6.9m (-729.1k shares)

* 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 ≈ $9.47.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 82Q4 22: 80Q1 23: 80Q2 23: 81Q3 23: 87Q4 23: 79Q1 24: 78Q2 24: 7777Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202282
Q4 202280
Q1 202380
Q2 202381
Q3 202387
Q4 202379
Q1 202478
Q2 202477

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 39 bought or addedQ4 22: 33 cut or sold outQ4 22Q1 23: 29 bought or addedQ1 23: 39 cut or sold outQ2 23: 34 bought or addedQ2 23: 31 cut or sold outQ2 23Q3 23: 37 bought or addedQ3 23: 35 cut or sold outQ4 23: 36 bought or addedQ4 23: 37 cut or sold outQ4 23Q1 24: 32 bought or addedQ1 24: 34 cut or sold outQ2 24: 36 bought or addedQ2 24: 41 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223933
Q1 20232939
Q2 20233431
Q3 20233735
Q4 20233637
Q1 20243234
Q2 20243641

Biggest buyers

Karpus Management, Inc. Added +1,424,503+1.4m
Yakira Capital Management, Inc. New +448,019+448.0k
SIT INVESTMENT ASSOCIATES INC Added +280,701+280.7k
HB Wealth Management, LLC New +149,900+149.9k
PNC Financial Services Group, Inc. Added +99,500+99.5k
Logan Stone Capital, LLC Added +98,334+98.3k
COHEN & STEERS, INC. Added +75,000+75.0k
Advisory Services Network, LLC New +71,619+71.6k
WHITEBOX ADVISORS LLC New +63,001+63.0k
Wellspring Financial Advisors, LLC New +31,192+31.2k

Biggest sellers

MORGAN STANLEY Reduced -1,073,335-1.1m
Bulldog Investors, LLP Reduced -768,515-768.5k
Almitas Capital LLC Reduced -407,615-407.6k
Hennion & Walsh Asset Management, Inc. Reduced -342,508-342.5k
Pathstone Holdings, LLC Reduced -167,390-167.4k
GUGGENHEIM CAPITAL LLC Sold out -128,515-128.5k
AQR Arbitrage LLC Reduced -118,004-118.0k
1607 Capital Partners, LLC Reduced -101,191-101.2k
VAN ECK ASSOCIATES CORP Reduced -86,525-86.5k
Ategra Capital Management, LLC Sold out -71,619-71.6k

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.

HolderStakeChangeShares Last filed
SIT INVESTMENT ASSOCIATES INC 13G · institution no change · filed 2026-10-01 22.9% no change 9.0m≈ $82.7m 2026-10-01
Karpus Management, Inc. 13G · institution -1.4 pts · filed 2026-08-14 7.0% -1.4 pts 2.8m≈ $25.4m 2026-08-14

Fell to 5% or below in the last year: JPMorgan Chase Bank, N.A. (0.0%, 2026-10-16)

Insider purchases and sales in Q2 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)

BuyingSelling
101Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 1 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20220—0——
Q4 20220—1$5.2k—
Q1 20230—0——
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SIT INVESTMENT ASSOCIATES INC 1.31% of their portfolio Minneapolis, MN 5,997,3746.0m $56.8m $56.8m 1.31% Added +280.7k +280,701
2 Saba Capital Management, L.P. 0.49% of their portfolio NEW YORK, NY 2,363,8122.4m $22.4m $22.4m 0.49% Unchanged
3 Pathstone Holdings, LLC 0.07% of their portfolio ENGLEWOOD, NJ 1,710,3281.7m $16.2m $16.2m 0.07% Reduced -167.4k -167,390
4 Karpus Management, Inc. 0.43% of their portfolio Pittsford, NY 1,612,5631.6m $15.3m $15.3m 0.43% Added +1.4m +1,424,503
5 1607 Capital Partners, LLC 1.23% of their portfolio Richmond, VA 1,454,1491.5m $13.8m $13.8m 1.23% Reduced -101.2k -101,191
6 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.56% of their portfolio WEST PALM BEACH, FL 1,250,1991.3m $11.8m $11.8m 0.56% Added +1.7k +1,690
7 Logan Stone Capital, LLC 1.60% of their portfolio CHICAGO, IL 653,273653.3k $6.2m $6.2m 1.60% Added +98.3k +98,334
8 Bulldog Investors, LLP 2.24% of their portfolio SADDLE BROOK, NJ 632,553632.6k $6.0m $6.0m 2.24% Reduced -768.5k -768,515
9 Yakira Capital Management, Inc. 1.68% of their portfolio Westport, CT 448,019448.0k $4.2m $4.2m 1.68% New
10 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.33% of their portfolio London, X0 412,392412.4k $3.9m $3.9m 0.33% Added +15.1k +15,127
11 Hennion & Walsh Asset Management, Inc. 0.18% of their portfolio Parsippany, NJ 378,656378.7k $3.6m $3.6m 0.18% Reduced -342.5k -342,508
12 Capital Investment Advisors, LLC 0.07% of their portfolio ATLANTA, GA 348,582348.6k $3.3m $3.3m 0.07% Reduced -15.5k -15,467
13 ROBINSON CAPITAL MANAGEMENT, LLC 1.08% of their portfolio GROSSE POINTE FARMS, MI 317,534317.5k $3.0m $3.0m 1.08% Reduced -966 -966
14 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 247,780247.8k $2.3m $2.3m 0.00% Reduced -21.8k -21,791
15 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 227,182227.2k $2.2m $2.2m 0.00% Reduced -86.5k -86,525
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 221,310221.3k $2.1m $2.1m 0.00% Added +2.5k +2,479
17 MacKay Shields LLC 0.05% of their portfolio New York, NY 176,016176.0k $1.7m $1.7m 0.05% Unchanged
18 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 170,000170.0k $1.6m $1.6m 0.00% Added +75.0k +75,000
19 MELFA WEALTH MANAGEMENT, INC. 1.07% of their portfolio WESTBOROUGH, MA 161,069161.1k $1.5m $1.5m 1.07% Added +3.6k +3,600
20 HB Wealth Management, LLC 0.02% of their portfolio Atlanta, GA 149,900149.9k $1.4m $1.4m 0.02% New
21 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 147,748147.7k $1.4m $1.4m 0.00% Unchanged
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 134,963135.0k $1.3m $1.3m 0.00% Reduced -1.1m -1,073,335
23 AQR Arbitrage LLC 0.03% of their portfolio Greenwich, CT 128,753128.8k $1.2m $1.2m 0.03% Reduced -118.0k -118,004
24 DEBUSSY CAPITAL MANAGEMENT LP 0.34% of their portfolio CHICAGO, IL 127,706127.7k $1.2m $1.2m 0.34% Reduced -18.0k -17,984
25 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 115,293115.3k $1.1m $1.1m 0.00% Reduced -29.7k -29,746
26 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 106,483106.5k $1.0m $1.0m 0.01% Added +507 +507
27 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 102,500102.5k $970.7k $970.7k 0.00% Added +99.5k +99,500
28 ROTHSCHILD INVESTMENT LLC 0.06% of their portfolio CHICAGO, IL 89,57589.6k $848.3k $848.3k 0.06% Unchanged
29 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 88,43688.4k $837.5k $837.5k 0.00% Unchanged
30 RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio MINNEAPOLIS, MN 85,05085.0k $805.4k $805.4k 0.01% Added +515 +515
31 Indiana Trust & Investment Management Co 0.28% of their portfolio MISHAWAKA, IN 80,93280.9k $766.4k $766.4k 0.28% Reduced -15.0k -15,000
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 78,62678.6k $744.6k $744.6k 0.00% Added +1.7k +1,689
33 UBS Group AG 0.00% of their portfolio ZURICH, V8 76,08176.1k $720.5k $720.5k 0.00% Reduced -7.8k -7,776
34 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 72,35472.4k $685.2k $685.2k 0.00% Reduced -18.2k -18,174
35 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 71,61971.6k $678.2k $678.2k 0.01% New
36 U.S. Capital Wealth Advisors, LLC 0.02% of their portfolio AUSTIN, TX 66,53566.5k $630.1k $630.1k 0.02% Reduced -11.2k -11,150
37 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 66,18366.2k $626.8k $626.8k 0.00% Reduced -10.9k -10,949
38 WHITEBOX ADVISORS LLC 0.02% of their portfolio MINNEAPOLIS, MN 63,00163.0k $596.6k $596.6k 0.02% New
39 Livelsberger Financial Advisory 8.85% of their portfolio Ashland, OH 62,62562.6k $593.1k $593.1k 8.85% Added +671 +671
40 Almitas Capital LLC 0.24% of their portfolio SANTA MONICA, CA 60,03360.0k $568.5k $568.5k 0.24% Reduced -407.6k -407,615
41 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 55,00655.0k $520.9k $520.9k 0.00% Added +22.3k +22,273
42 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 51,46251.5k $487.3k $487.3k 0.00% Unchanged
43 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 50,81050.8k $481.2k $481.2k 0.00% Unchanged
44 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 48,70048.7k $461.0k $461.0k 0.00% Added +10.0k +10,000
45 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 39,87939.9k $377.7k $377.7k 0.00% Added +10.0k +10,000
46 Wellspring Financial Advisors, LLC 0.04% of their portfolio CLEVELAND, OH 31,19231.2k $295.4k $295.4k 0.04% New
47 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 28,25328.3k $267.6k $267.6k 0.00% Added +651 +651
48 Basepoint Wealth LLC 0.20% of their portfolio CEDAR RAPIDS, IA 26,58626.6k $251.8k $251.8k 0.20% Added +62 +62
49 Fort Point Capital Partners LLC 0.03% of their portfolio San Francisco, CA 26,09726.1k $247.1k $247.1k 0.03% New
50 Summit Financial Wealth Advisors, LLC 0.05% of their portfolio Lafayette, LA 25,40025.4k $240.5k $240.5k 0.05% Reduced -500 -500
51 KINGSWOOD WEALTH ADVISORS, LLC 0.02% of their portfolio SAN DIEGO, CA 24,90224.9k $235.8k $235.8k 0.02% New
52 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 24,35024.4k $231.0k $231.0k 0.00% Reduced -1.5k -1,548
53 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 23,32323.3k $220.9k $220.9k 0.00% New
54 Avior Wealth Management, LLC 0.01% of their portfolio OMAHA, NE 22,03622.0k $208.7k $208.7k 0.01% Reduced -1.9k -1,945
55 Camelot Portfolios, LLC 0.12% of their portfolio Maumee, OH 21,47021.5k $203.3k $203.3k 0.12% Added +5.2k +5,186
56 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 20,59420.6k $195.0k $195.0k 0.00% Added +94 +94
57 INTEGRATED CAPITAL MANAGEMENT, INC. 0.15% of their portfolio JESSUP, PA 20,35720.4k $192.8k $192.8k 0.15% Added +1.8k +1,792
58 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 18,38218.4k $174.1k $174.1k 0.00% Reduced -296 -296
59 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 16,36716.4k $155.0k $155.0k 0.00% Reduced -15.1k -15,061
60 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 12,81312.8k $121.3k $121.3k 0.00% Reduced -458 -458
61 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 11,84911.8k $112.2k $112.2k 0.00% Added +222 +222
62 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 11,53111.5k $109.2k $109.2k 0.00% Reduced -29.3k -29,341
63 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 11,51611.5k $109.0k $109.0k 0.00% Reduced -1.4k -1,409
64 Gridiron Partners, LLC 0.06% of their portfolio Wexford, PA 10,44510.4k $98.9k $98.9k 0.06% Reduced -131 -131
65 Dakota Wealth Management 0.00% of their portfolio PALM BEACH GARDENS, FL 10,00010.0k $94.7k $94.7k 0.00% New
66 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 1,5291.5k $14.5k $14.5k 0.00% New
67 ST GERMAIN D J CO INC 0.00% of their portfolio SPRINGFIELD, MA 1,4331.4k $13.6k $13.6k 0.00% New
68 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 1,3071.3k $12.4k $12.4k 0.00% Unchanged
69 Plante Moran Financial Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1,0001.0k $9.5k $9.5k 0.00% Unchanged
70 Cape Investment Advisory, Inc. 0.00% of their portfolio MCDONOUGH, GA 976976 $9.2k $9.2k 0.00% Unchanged
71 Great Lakes Retirement, Inc. 0.00% of their portfolio SANDUSKY, OH 700700 $6.6k $6.6k 0.00% New
72 Householder Group Estate & Retirement Specialist, LLC 0.00% of their portfolio SCOTTSDALE, AZ 667667 $6.0k $6.0k 0.00% Unchanged
73 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 528528 $5.0k $5.0k 0.00% Unchanged
74 Pathway Financial Advisers, LLC 0.00% of their portfolio AUBURN, IN 506506 $4.8k $4.8k 0.00% Added +1 +1
75 MACROVIEW INVESTMENT MANAGEMENT LLC 0.00% of their portfolio BETHESDA, MD 250250 $2.4k $2.4k 0.00% Unchanged
76 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 224224 $2.1k $2.1k 0.00% New
77 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged