DWS High Income Trust (KHI) Declares Monthly Distribution (Business Wire)

Monday October 6, 5:57 pm ET NEW YORK--(BUSINESS WIRE)--DWS High Income Trust (NYSE: KHI - News ) declared a monthly distribution of $0.042 per share, payable on October 31, 2008 to shareholders of record on October 16, 2008. The ex-date is October 14, 2008. The previous monthly distribution amount was $0.042 per share. The current distribution rate represents a 15.27% annualized yield based on the closing market price of $3.30 on October 3, 2008 and a 12.12% annualized yield on a closing NAV of $4.16 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 KHI please contact a representative at (800) 349-4281 or visit us on the web at www.dws-investments.com The fund seeks to provide the highest current income obtainable, consistent... [read full story]