Description

The Deutsche Municipal Income Trust, previously operating as DWS Municipal Income Trust, functions as a closed-end mutual fund focused on fixed-income securities. This fund, overseen by Deutsche Investment Management Americas, Inc., primarily deploys capital within the United States' fixed income markets. Its core investment strategy targets high-quality municipal securities that are exempt from federal income tax. To qualify, these securities must hold a credit rating of at least Baa from Moody's or BBB from S&P. Established in the U.S. on October 20, 1988, the Trust measures its performance against the Barclays Municipal Bond Index.