Macroview Investment Management Lowers stake in Deutsche Municipal Income Trust (KTF)

Deutsche Municipal Income Trust (KTF) : Macroview Investment Management reduced its stake in Deutsche Municipal Income Trust by 2.17% during the most recent quarter end. The investment management company now holds a total of 18,015 shares of Deutsche Municipal Income Trust which is valued at $262,659 after selling 400 shares in Deutsche Municipal Income Trust , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Deutsche Municipal Income Trust makes up approximately 1.15% of Macroview Investment Management’s portfolio.

Other Hedge Funds, Including , Provise Management Group reduced its stake in KTF by selling 1,900 shares or 4.27% in the most recent quarter. The Hedge Fund company now holds 42,617 shares of KTF which is valued at $621,356. Deutsche Municipal Income Trust makes up approx 0.11% of Provise Management Group’s portfolio.Sit Investment Associates Inc reduced its stake in KTF by selling 95,924 shares or 17.17% in the most recent quarter. The Hedge Fund company now holds 462,753 shares of KTF which is valued at $6,714,546. Deutsche Municipal Income Trust makes up approx 0.17% of Sit Investment Associates Inc’s portfolio.Capital Investment Advisors reduced its stake in KTF by selling 5,255 shares or 3.8% in the most recent quarter. The Hedge Fund company now holds 132,983 shares of KTF which is valued at $1,926,924. Deutsche Municipal Income Trust makes up approx 0.18% of Capital Investment Advisors’s portfolio. West Oak Capital added KTF to its portfolio by purchasing 700 company shares during the most recent quarter which is valued at $10,297. Deutsche Municipal Income Trust makes up approx 0.01% of West Oak Capital’s portfolio.

Deutsche Municipal Income Trust opened for trading at $14.58 and hit $14.5947 on the upside on Monday, eventually ending the session at $14.59, with a gain of 0.41% or 0.06 points. The heightened volatility saw the trading volume jump to 58,295 shares. Company has a market cap of $567 M.

Deutsche Municipal Income Trust (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 the Fund invests at least 80% of the net assets plus the amount of any borrowings for investment purposes in municipal securities. The Fund seeks to invest all of its net assets in tax-exempt municipal securities valued at the time of purchase within the four highest grades by Moody’s Investors Service Inc. or Standard & Poor’s Corporation. The Fund may also invest up to 20% of its assets in unrated municipal securities which have credit characteristics equivalent to municipal securities rated within the four highest grades by Moody’s Investors Service Inc. or Standard & Poor’s Corporation. Deutsche Investment Management Americas Inc. is the investment advisor of the Fund.

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