DWS Municipal Income Trust
KTF
66 hedge funds and large institutions have $161M invested in DWS Municipal Income Trust in 2025 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 12 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.58% less ownership
Funds ownership: 47.01% → 46.43% (-0.58%)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
7% less capital invested
Capital invested by funds: $173M → $161M (-$12M)
11% less funds holding
Funds holding: 74 → 66 (-8)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.15M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.51M |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$639K |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$511K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.87M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.33M |
| 3 |
PAS
Park Avenue Securities
New York
|
-$1.19M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.02M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$669K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Mariner
Overland Park,
Kansas
| – | -$130K | -13,840 | Closed |
|
77
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$121K | -12,855 | Closed |
|
|
PMFA
78
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$9.38K | -1,000 | Closed |
|
|
MSWA
79
Marshall & Sterling Wealth Advisors
Poughkeepsie,
New York
| – | -$179 | -19 | Closed |
|
KTF Hedge Fund Activity: Q2 2025 in Review
66 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q2 2025, worth a combined $161M — down 6.9% from $173M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of KTF and 7 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 19 added.
The largest buyer was Karpus Investment Management, adding an estimated $6.15M. The largest seller was City of London Investment Management, exiting entirely with an estimated $3.87M sold.
- 66 institutional investors held DWS Municipal Income Trust (KTF) as of Q2 2025, down from 74 in Q1 2025.
- Funds reported $161M of DWS Municipal Income Trust stock for Q2 2025, down 6.9% quarter-over-quarter.
- 7 funds opened new DWS Municipal Income Trust positions in Q2 2025 and 12 closed out, a net change of -5 holders.
- The largest DWS Municipal Income Trust buyer in Q2 2025 was Karpus Investment Management, an estimated $6.15M added.
- The largest DWS Municipal Income Trust seller in Q2 2025 was City of London Investment Management, an estimated $3.87M sold.
Based on aggregated 13F filings for Q2 2025.