|Bid||8.8400 x 1300|
|Ask||8.8600 x 800|
|Day's Range||8.8500 - 8.8700|
|52 Week Range||8.5900 - 8.9900|
|PE Ratio (TTM)||13.11|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Deutsche Multi-Market Income Trust (KMM) and Deutsche Strategic Income Trust (KST) (each, a “Fund,” and, collectively, the “Funds”) announced today that the Board of Trustees has approved a Plan of Liquidation and Termination for each Fund (each a “Plan”) related to the previously approved liquidations of the Funds to occur on or before December 31, 2018. As further described below, pursuant to each Plan, a final liquidating distribution is expected to be made on or about November 16, 2018 for each Fund. Under the terms of each Plan, the “Cessation Date” for each Fund’s planned liquidation is expected to occur on or about November 9, 2018.
As chief investment officer of Sierra Investment Management, Terri Spath sometimes finds herself playing the role of grief counselor when talking to clients about bonds. Indeed, investors can’t be blamed for wondering whether it’s worth investing in bonds at all, now that they’re finding negative returns across the market: Investment-grade corporate bonds are down 4.9% this year, including interest payments, which puts them on track for their worst calendar-year performance since 1974, according to Bank of America Merrill Lynch. Overall, global bonds are on pace for annualized losses of 3.5%, the weakest performance this century, says Merrill.
Deutsche Multi-Market Income Trust (KMM), Deutsche Municipal Income Trust (KTF), Deutsche Strategic Income Trust (KST), and Deutsche Strategic Municipal Income Trust (KSM) (each, a “Fund,” and, collectively, the “Funds”) announced that the Annual Meeting of Shareholders for each Fund will be held on September 12, 2018 at the offices of Deutsche Investment Management Americas Inc., 345 Park Avenue, New York, NY 10154. Deutsche Multi-Market Income Trust seeks to provide high income consistent with prudent total return. The fund invests in a range of income-producing securities such as U.S. corporate fixed-income securities and debt obligations of foreign governments, their agencies and instrumentalities which may be denominated in foreign currencies and may not be rated.
The Boards of Trustees of Deutsche Multi-Market Income Trust , Deutsche Municipal Income Trust ; Deutsche Strategic Income Trust ; and Deutsche Strategic Municipal Income Trust and the Boards of Directors of Deutsche High Income Opportunities Fund, Inc.
Deutsche Multi-Market Income Trust , Deutsche Municipal Income Trust , Deutsche Strategic Income Trust , and Deutsche Strategic Municipal Income Trust each announced today that its respective Board of Trustees has extended the Fund’s existing open market share repurchase program for an additional twelve-month period.