DWS Municipal Income Trust (KTF) shareholders
KTFNYSEFiscal year ends November 30
$8.23+0.00 (0.00%)
Close on Nov 13, 2026Market cap –P/E –Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
18M
Shares held, 13F filers
Institutional holders
71
10 new, 2 sold out
Net institutional buying
-1M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Sit Investment Associates, Inc. Joint filing with Sit Fixed Income Advisors II, LLC (24.10%) | 9,432,271 | 24.10% | 13D (active) amendment | Aug 6, 2026 |
| Sit Fixed Income Advisors II, LLC Joint filing with Sit Investment Associates, Inc. (23.10%) | 9,054,231 | 23.10% | 13D (active) amendment | Jan 13, 2025 |
| Sit Fixed Income Advisors Ii LLC /Adv Joint filing with Sit Investment Associates Inc (22.90%) | 8,984,416 | 22.90% | 13G (passive) amendment | Sep 29, 2026 |
| Karpus Management, Inc. | 2,760,957 | 7.05% | 13G (passive) amendment | Jun 30, 2026 |
| Andrew Dakos 2. CHECK THE BOX IF | 1,894,741 | – | 13D (active) amendment | May 1, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of KTF | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Sit Investment Associates Inc | 9,781,996 | – | $89.99M | −111,388 | 1.70% |
| Karpus Management, Inc. | 2,760,957 | – | $25.40M | −530,059 | 0.73% |
| Bank Of America Corp /De/ | 737,018 | – | $6.78M | +273,652 | 0.00% |
| 1607 Capital Partners, LLC | 695,792 | – | $6.40M | −445,151 | 0.56% |
| Focus Partners Wealth | 304,737 | – | $2.80M | −15,774 | 0.00% |
| Capital Investment Advisors, LLC | 266,496 | – | $2.45M | −5,439 | 0.03% |
| Van Eck Associates Corp | 229,982 | – | $2.12M | −24,815 | 0.00% |
| Hennion & Walsh Asset Management, Inc. | 205,379 | – | $1.89M | −224,343 | 0.05% |
| Fiera Capital Corp | 170,651 | – | $1.57M | +58,800 | 0.01% |
| Wells Fargo & Company/Mn | 132,948 | – | $1.22M | −4,110 | 0.00% |
| Allspring Global Investments Holdings, LLC | 126,286 | – | $1.16M | – | 0.00% |
| Melfa Wealth Management, LLC | 120,569 | – | $1.11M | −8,631 | 0.60% |
| Cambridge Investment Research Advisors, Inc. | 118,570 | – | $1.09M | +61,266 | 0.00% |
| Dakota Wealth Management | 117,161 | – | $1.08M | −3,700 | 0.02% |
| Wedbush Securities Inc | 93,726 | – | $862.00K | +16,482 | 0.02% |
| Morgan Stanley | 92,132 | – | $847.62K | +31,631 | 0.00% |
| NewEdge Advisors, LLC | 91,956 | – | $845.99K | −6,005 | 0.00% |
| LPL Financial LLC | 91,153 | – | $838.61K | −137,583 | 0.00% |
| Nuveen, LLC | 79,026 | – | $727.04K | – | 0.00% |
| Concurrent Investment Advisors, LLC | 77,850 | – | $716.22K | +26,200 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 71 | 18M | 10 / 20 | 23 / 2 | 1M | 2M |
| Q1 2026 | 63 | 18M | 6 / 19 | 21 / 14 | 1M | 1M |
| Q4 2025 | 71 | 19M | 14 / 20 | 16 / 7 | 1M | 1M |
| Q3 2025 | 65 | 19M | 9 / 15 | 21 / 10 | 2M | 1M |
| Q2 2025 | 66 | 18M | 7 / 21 | 20 / 12 | 1M | 1M |
| Q1 2025 | 74 | 18M | 7 / 22 | 23 / 7 | 1M | 1M |
| Q4 2024 | 75 | 19M | 17 / 19 | 23 / 9 | 2M | 2M |
| Q3 2024 | 69 | 20M | 5 / 18 | 25 / 12 | 4M | 6M |
| Q2 2024 | 76 | 21M | 13 / 23 | 27 / 14 | 3M | 4M |
| Q1 2024 | 77 | 22M | 7 / 25 | 27 / 7 | 2M | 1M |
| Q4 2023 | 78 | 22M | 11 / 29 | 20 / 18 | 7M | 5M |
| Q3 2023 | 86 | 21M | 15 / 24 | 26 / 8 | 3M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
5 funds held KTF in Q2 2026, 45% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of KTF | Value | % of fund | As of |
|---|---|---|---|---|---|
| VanEck CEF Muni Income ETF | 235,172 | – | $2.08M | 0.95% | Jul 31, 2026 |
| Clearwater Tax-Exempt Bond Fund | 201,769 | – | $1.86M | 0.22% | Jun 30, 2026 |
| Sit Tax-Free Income Fund | 76,592 | – | $704.65K | 0.54% | Jun 30, 2026 |
| Aspiriant Risk-Managed Municipal Bond Fund | 66,923 | – | $615.69K | 0.05% | Jun 30, 2026 |
| Sit Balanced Fund | 24,300 | – | $223.56K | 0.29% | Jun 30, 2026 |
| Amplify Municipal CEF High Income ETF | 4,986 | – | $45.87K | 3.78% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Jeffrey W. Berry | Assistant Treasurer | – | May 22, 2025 |
| Robert Benson | Chief Compliance Officer | – | May 20, 2025 |
| JPMorgan Chase Bank, N.A. | 10% owner | 0 | Oct 16, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| JPMorgan Chase Bank, N.A. 10% owner | Oct 14, 2026 | Other | −3,800 | – | – | 0 |
| JPMorgan Chase Bank, N.A. 10% owner | Nov 21, 2023 | Other | −3,800 | – | – | 0 |
| JPMorgan Chase Bank, N.A. 10% owner | Nov 21, 2023 | Other | +3,800 | – | – | 3,800 |
| JPMorgan Chase Bank, N.A. 10% owner | Nov 2, 2023 | Other | −175 | – | – | 3,800 |
| Jpmorgan Chase Bank, National Association 10% owner | Nov 2, 2023 | Other | −175 | – | – | 3,800 |
| Jpmorgan Chase Bank, National Association 10% owner | Nov 2, 2023 | Other | −175 | – | – | 3,800 |
| Richard J. Herring Director | Dec 21, 2022 | Sale | −600 | $8.75 | $5.25K | 0 |
| Inc Citigroup 10% owner | Nov 10, 2020 | Other | −39,750 | $5000.00 | $198.75M | 0 |
| Inc Citigroup 10% owner | Jun 25, 2020 | Other | −39,750 | $5000.00 | $198.75M | 0 |
| John W. Ballantine Director | Aug 9, 2019 | Buy | +2,460 | $11.61 | $28.56K | 2,460 |
| Keith R. Fox Director | Jun 5, 2019 | Sale | −1,000 | $11.18 | $11.18K | 0 |
| William N. Searcy Director | Jan 23, 2018 | Sale | −926 | $11.72 | $10.85K | 0 |
| William N. Searcy Director | Jan 22, 2018 | Sale | −1,584 | $11.72 | $18.56K | 926 |
| Reinsurance Co Ltd. Partner 10% owner | Jun 1, 2015 | Other | −37,773 | $5005.16 | $189.06M | 0 |
| Inc Citigroup 10% owner | Mar 10, 2015 | Sale | −37,773 | $5000.00 | $188.87M | 0 |
| Reinsurance Co Ltd. Partner 10% owner | Mar 3, 2015 | Option exercise | +37,773 | $5001.53 | $188.92M | 37,773 |
| Paul Antosca Assistant Treasurer | Oct 22, 2014 | Sale | −11,775 | $13.30 | $156.61K | 0 |
| Paul Antosca Assistant Treasurer | Oct 22, 2014 | Sale | −10,000 | $13.31 | $133.10K | 11,775 |
| Paul Antosca Assistant Treasurer | Oct 21, 2014 | Sale | −3,225 | $13.36 | $43.09K | 21,775 |
| Philip G. Condon – | Aug 6, 2014 | Sale | −2,000 | $13.32 | $26.64K | 127,364 |
| Philip G. Condon – | Aug 5, 2014 | Sale | −3,500 | $13.23 | $46.31K | 129,364 |
| Philip G. Condon – | Jul 31, 2014 | Sale | −2,000 | $13.22 | $26.44K | 132,864 |
| Philip G. Condon – | Jul 28, 2014 | Sale | −1,236 | $13.45 | $16.62K | 134,864 |
| Philip G. Condon – | Jul 25, 2014 | Sale | −6,900 | $13.45 | $92.81K | 136,100 |
| Richard J. Herring Director | Jul 1, 2014 | Buy | +600 | $13.62 | $8.17K | 600 |
| Kenneth C. Froewiss Director | Jun 20, 2014 | Buy | +500 | $13.28 | $6.64K | 600 |
| William N. Searcy Director | Apr 2, 2014 | Buy | +2,000 | $13.00 | $26.00K | 2,000 |
| Paul Antosca Assistant Treasurer | Dec 10, 2013 | Buy | +7,046 | $11.72 | $82.58K | 25,000 |
| Paul Antosca Assistant Treasurer | Dec 6, 2013 | Buy | +2,054 | $11.69 | $24.01K | 17,954 |
| Paul Antosca Assistant Treasurer | Dec 6, 2013 | Buy | +15,900 | $11.67 | $185.55K | 15,900 |
| Philip G. Condon – | Dec 5, 2013 | Buy | +3,700 | $11.71 | $43.33K | 143,000 |
| Philip G. Condon – | Dec 2, 2013 | Buy | +4,000 | $11.76 | $47.04K | 139,300 |
| Philip G. Condon – | Nov 29, 2013 | Buy | +300 | $11.80 | $3.54K | 135,300 |
| Philip G. Condon – | Nov 27, 2013 | Buy | +6,000 | $11.76 | $70.56K | 135,000 |
| Philip G. Condon – | Nov 26, 2013 | Buy | +3,000 | $11.75 | $35.25K | 129,000 |
| Philip G. Condon – | Nov 22, 2013 | Buy | +8,500 | $11.80 | $100.30K | 126,000 |
| Philip G. Condon – | Nov 21, 2013 | Buy | +10,572 | $11.79 | $124.64K | 117,500 |
| Philip G. Condon – | Nov 20, 2013 | Buy | +10,000 | $11.82 | $118.20K | 106,928 |
| Philip G. Condon – | Nov 18, 2013 | Buy | +9,928 | $11.87 | $117.85K | 96,928 |
| Philip G. Condon – | Nov 12, 2013 | Buy | +10,783 | $11.89 | $128.21K | 87,000 |
| Philip G. Condon – | Nov 11, 2013 | Buy | +8,000 | $11.93 | $95.44K | 76,217 |
| Philip G. Condon – | Nov 11, 2013 | Buy | +2,000 | $11.95 | $23.90K | 68,217 |
| Philip G. Condon – | Nov 8, 2013 | Buy | +4,000 | $11.89 | $47.56K | 66,217 |
| Philip G. Condon – | Nov 6, 2013 | Buy | +4,000 | $12.03 | $48.12K | 62,217 |
| Philip G. Condon – | Nov 5, 2013 | Buy | +7,000 | $12.00 | $84.00K | 58,217 |
| Philip G. Condon – | Nov 4, 2013 | Buy | +6,000 | $12.01 | $72.06K | 51,217 |
| Philip G. Condon – | Nov 1, 2013 | Buy | +6,000 | $12.03 | $72.18K | 45,217 |
| Philip G. Condon – | Oct 31, 2013 | Buy | +2,000 | $12.17 | $24.34K | 39,217 |
| Paul K. Freeman Director | Oct 21, 2013 | Buy | +2,500 | $12.05 | $30.13K | 2,500 |
| Paul K. Freeman Director | Oct 21, 2013 | Buy | +2,500 | $12.05 | $30.13K | 2,500 |
| Robert H. Wadsworth Director | Sep 6, 2013 | Buy | +1,000 | $11.91 | $11.91K | 9,000 |
| Philip G. Condon – | Aug 20, 2013 | Buy | +9,873 | $11.79 | $116.40K | 37,217 |
| Philip G. Condon – | Aug 19, 2013 | Buy | +1,500 | $11.58 | $17.37K | 27,344 |
| Philip G. Condon – | Aug 16, 2013 | Buy | +3,000 | $11.58 | $34.74K | 25,844 |
| Philip G. Condon – | Aug 12, 2013 | Buy | +10,000 | $11.93 | $119.30K | 22,844 |
| Philip G. Condon – | Aug 9, 2013 | Buy | +2,300 | $11.88 | $27.32K | 12,844 |
| Philip G. Condon – | Aug 8, 2013 | Buy | +7,044 | $11.94 | $84.11K | 10,544 |
| Philip G. Condon – | Aug 2, 2013 | Buy | +2,000 | $12.04 | $24.08K | 3,500 |
| Philip G. Condon – | Aug 1, 2013 | Buy | +500 | $11.99 | $6.00K | 1,500 |
| Philip G. Condon – | Jul 31, 2013 | Buy | +1,000 | $12.11 | $12.11K | 1,000 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
–
0M shares short
Days to cover
1.2
At 0M shares a day
Change since last report
+11.9%
From 0M shares
Short volume, 20 days
30.5%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of DWS Municipal Income Trust's stock actually held short. Settlement fails (shares not delivered on time) peaked at 15,426 shares on Oct 6, 2026 over the last 90 days.
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