NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF - News) declared a monthly distribution of $0.051 per common 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 $0.048 per share.The current distribution rate represents a 5.98% annualized yield based on the closing market price of $10.23 on August 6, 2008 and a 5.44% annualized yield on a closing NAV of $11.26 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 KTF please contact a representative at (800) 349.4281 or visit us on the web at www.dws-investments.com.
DWS Municipal Income Trust seeks to provide high current income exempt from federal income tax by investing in a diversified portfolio of investment-grade tax-exempt securities. The fund invests in individual bonds whose yields and market values fluctuate, so that your investment may be worth more or less than its original cost. Additionally, although the fund seeks income that is federally tax–free, a portion of the fund’s distributions may be subject to federal, state, local and alternative minimum tax. 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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