KTF
Price:
$9.192
Market Cap:
$360.08M
Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax. It seeks to invest in securities that are rated Baa or BBB or better by Moody's or S&P. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. It was formerly known as DWS Municipal Income Trust. Deutsche Municipal Income Trust was formed on October 20, 1988 and is domiciled in the United States.
Industry
Asset Management - Income
IPO Date
1988-10-24
Stock Exchange
NYSE
Ticker
KTF
According to DWS Municipal Income Trust’s latest financial reports and current stock price. The company's current Current Ratio is 13.42. This represents a change of 184.78% compared to the average of 4.71 of the last 4 quarters.
The mean historical Current Ratio of DWS Municipal Income Trust over the last ten years is 17.26. The current 13.42 Current Ratio has changed 7.67% with respect to the historical average. Over the past ten years (40 quarters), KTF's Current Ratio was at its highest in in the November 2020 quarter at 63.66. The Current Ratio was at its lowest in in the May 2012 quarter at 0.
Average
17.26
Median
10.58
Minimum
0.11
Maximum
63.66
Discovering the peaks and valleys of DWS Municipal Income Trust Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 29.34%
Maximum Annual Current Ratio = 63.66
Minimum Annual Increase = -76.00%
Minimum Annual Current Ratio = 0.11
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.74 | 26.94% |
| 2023 | 2.16 | -63.29% |
| 2022 | 5.89 | -61.46% |
| 2021 | 15.28 | -76.00% |
| 2020 | 63.66 | 117.99% |
| 2019 | 29.21 | 33.50% |
| 2018 | 21.88 | -30.66% |
| 2017 | 31.55 | 29.34% |
| 2016 | 0.11 | -17.86% |
| 2015 | 0.13 | 27.79% |
The current Current Ratio of DWS Municipal Income Trust (KTF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.60
5-year avg
17.95
10-year avg
17.26
DWS Municipal Income Trust’s Current Ratio is greater than Western Asset High Income Opportunity Fund Inc. (1.47), greater than John Hancock Preferred Income Fund II (0), greater than BlackRock California Municipal Income Trust (0), greater than Putnam Premier Income Trust (0.18), greater than Western Asset High Income Fund II Inc. (2.19), greater than BlackRock Floating Rate Income Trust (0.55), greater than XAI Octagon Floating Rate & Alternative Income Term Trust (0), greater than Invesco Advantage Municipal Income Trust II (5.41), greater than BlackRock Municipal Income Quality Trust (0), greater than Virtus Convertible & Income Fund II (5.21),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.47 | $360.43M | |
| 0 | $352.34M | |
| 0 | $327.09M | |
| 0.18 | $344.04M | |
| 2.19 | $377.39M | |
| 0.55 | $311.49M | |
| 0 | $351.07M | |
| 5.41 | $389.00M | |
| 0 | $283.38M | |
| 5.21 | $266.21M |
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What is the Current Ratio?
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What is DWS Municipal Income Trust's Current Ratio?
How is the Current Ratio calculated for DWS Municipal Income Trust (KTF)?
What is the highest Current Ratio for DWS Municipal Income Trust (KTF)?
What is the 3-year average Current Ratio for DWS Municipal Income Trust (KTF)?
What is the 5-year average Current Ratio for DWS Municipal Income Trust (KTF)?
How does the current Current Ratio for DWS Municipal Income Trust (KTF) compare to its historical average?