DWS Municipal Income Trust
KTF
80 hedge funds and large institutions have $150M invested in DWS Municipal Income Trust in 2022 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 13 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
12% more capital invested
Capital invested by funds: $134M → $150M (+$16.2M)
3.32% more ownership
Funds ownership: 40.65% → 43.97% (+3.3%)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
1% less funds holding
Funds holding: 81 → 80 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.9M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.86M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.67M |
| 4 |
SCM
Saba Capital Management
New York
|
+$2.38M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$1.48M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.31M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$910K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$706K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$478K |
KTF Hedge Fund Activity: Q4 2022 in Review
80 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q4 2022, worth a combined $150M — up 12% from $134M a quarter earlier.
Fund positioning in KTF was balanced in Q4 2022: 13 funds opened new positions, 13 closed out, 29 added to existing stakes and 20 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.9M. The largest seller was Wakefield Asset Management, exiting entirely with an estimated $1.48M sold.
- 80 institutional investors held DWS Municipal Income Trust (KTF) as of Q4 2022, down from 81 in Q3 2022.
- Funds reported $150M of DWS Municipal Income Trust stock for Q4 2022, up 12% quarter-over-quarter.
- 13 funds opened new DWS Municipal Income Trust positions in Q4 2022 and 13 closed out, a net change of 0 holders.
- The largest DWS Municipal Income Trust buyer in Q4 2022 was Karpus Investment Management, an estimated $2.9M added.
- The largest DWS Municipal Income Trust seller in Q4 2022 was Wakefield Asset Management, an estimated $1.48M sold.
Based on aggregated 13F filings for Q4 2022.