NEW YORK--(BUSINESS WIRE)--DWS Multi-Market Income Trust (NYSE: KMM - News) declared a monthly distribution of $0.065 per share, payable on August 29, 2008 to shareholders of record on August 18, 2008. The ex-date is August 14, 2008. The previous monthly distribution was $0.065 per share.The current distribution rate represents a 9.89% annualized yield based on the closing market price of $7.89 on August 6, 2008 and a 8.66% annualized yield on a closing NAV of $9.01 on the same date.
Future earnings of the Fund cannot be guaranteed and the Fund's distribution policy is subject to change. For more information on KMM please contact a representative at (800) 349.4281 or visit us on the web at www.dws-investments.com.
The fund seeks to provide high income consistent with prudent total return. The fund invests in a range of income-producing securities such as US corporate fixed-income securities and debt obligations of foreign governments, their agencies and instrumentalities which may be denominated in foreign currencies and may not be rated. Investing in securities of emerging markets presents certain unique risks not associated with domestic investments, such as currency fluctuation, political and economic changes, and market risks. All of these factors may result in greater share price volatility. The fund may invest in lower-quality and nonrated securities, which present greater risk of loss of principal and interest than higher-quality securities. Bond investments are subject to interest-rate risk such that when interest rates rise, the prices of the bonds, and thus the value of the bond fund, can decline and the investor can lose principal value.
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