NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a “Fund” and collectively, the “Funds”) announced that Chad D. Perry and Catherine Schrand were each appointed as Class II Trustees of each Fund effective November 18, 2021.
Mr. Perry is Executive Vice President, General Counsel and Secretary, Tanger Factory Outlet Centers, Inc. (since 2011). He was formerly Executive Vice President and Deputy General Counsel, LPL Financial Holdings Inc. (2006-2011); Senior Corporate Counsel, EMC Corporation (2005-2006); and Associate, Ropes & Gray LLP (1997-2005).
Ms. Schrand is Celia Z. Moh Professor of Accounting (since 2016) and a Professor of Accounting (since 1994), The Wharton School, University of Pennsylvania. She was formerly Vice Dean, Wharton Doctoral Programs (2016-2019).
Important Information
DWS Municipal Income Trust. Bond investments are subject to interest-rate, credit, liquidity and market risks to varying degrees. When interest rates rise, bond prices generally fall. Credit risk refers to the ability of an issuer to make timely payments of principal and interest. Municipal securities are subject to the risk that litigation, legislation or other political events, local business or economic conditions or the bankruptcy of the issuer could have a significant effect on an issuer’s ability to make payments of principal and/or interest. The market for municipal bonds may be less liquid than for...
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