Deutsche Municipal Income Trust (KTF) Getting Positive Press Coverage, Report Shows

News headlines about Deutsche Municipal Income Trust (NYSE:KTF) have trended positive on Saturday, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Deutsche Municipal Income Trust earned a media sentiment score of 0.31 on Accern’s scale. Accern also assigned media headlines about the investment management company an impact score of 47.7900662444036 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of Deutsche Municipal Income Trust (NYSE:KTF) opened at $11.80 on Friday. Deutsche Municipal Income Trust has a twelve month low of $11.72 and a twelve month high of $13.73.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, January 19th will be issued a dividend of $0.0525 per share. The ex-dividend date is Thursday, January 18th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 5.34%.

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About Deutsche Municipal Income Trust

Deutsche Municipal Income Trust (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to provide a high level of current income exempt from federal income tax. Under normal circumstances, at least 80% of the Fund’s net assets, plus the amount of any borrowings for investment purposes, intends on being invested in municipal securities valued at the time of purchase within the four highest grades (Baa or BBB or better).

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