Monday October 6, 6:23 pm ET NEW YORK--(BUSINESS WIRE)--DWS Strategic Municipal Income Trust (NYSE: KSM - News ) declared a monthly distribution of $0.055 per common 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 was $0.055 per share. The current distribution rate represents a 7.40% annualized yield based on the closing market price of $8.92 on October 3, 2008 and a 6.22% annualized yield on a closing NAV of $10.61 on the same date. Future earnings cannot be guaranteed and the Fund’s distribution policy is subject to change. For more information on KSM please contact a representative at (800) 349.4281 or visit us on the web at www.dws-investments.com DWS Strategic Municipal Income Trust seeks a high level of current income...
[read full story]
Your Web Site
