DWS Municipal Income TrustKTF

13F holders, Q4 2025 (December 31)
71holders +6
14new positions
7sold out
$9.18avg. 13F price*

At the end of Q4 2025, 71 institutions reported holding DWS Municipal Income Trust (KTF) in their 13F filings, up 6 from Q3 2025. 14 opened new positions and 7 sold out. The largest holders were Sit Investment Associates Inc. ($89.8M), Karpus Management, Inc. ($33.8M) and 1607 Capital Partners, LLC ($10.4M).

Company
DWS Municipal Income Trust
CUSIP
233368109
Latest filing quarter
Q2 2026

History

Number of 13F holders

020406080 Q1 2024: 77Q1 2024Q2 2024: 76Q2 2024Q3 2024: 69Q3 2024Q4 2024: 75Q4 2024Q1 2025: 74Q1 2025Q2 2025: 66Q2 2025Q3 2025: 65Q3 2025Q4 2025: 71Q4 2025Q1 2026: 63Q1 2026Q2 2026: 71Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions14$6.7M
Exits7$4.9M

All 13F filers, Q3 2025 → Q4 2025: 1,178,776 shares bought and 1,341,983 shares sold, net −163,207 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 71 holders

Sit Investment Associates Inc. 1.77% Add +0.5% 9,883,177 $89.8M
Karpus Management, Inc. 1.04% Add +12.6% 3,715,549 $33.8M
1607 Capital Partners, LLC 0.71% Reduce -14.9% 1,140,943 $10.4M
LPL Financial LLC 0.00% Add +11.7% 553,077 $5.0M
Hennion & Walsh Asset Management, Inc. 0.14% Reduce -6.7% 431,210 $3.9M
Focus Partners Wealth 0.00% New 326,813 $3.0M
Capital Investment Advisors, LLC 0.04% Reduce -11.8% 271,778 $2.5M
Van Eck Associates Corp. 0.00% Add +14.9% 229,185 $2.1M
Murphy, Middleton, Hinkle & Parker, Inc. 0.86% New 9,786 $1.8M
Bank of America Corp. 0.00% Add +2.4% 176,527 $1.6M
Wells Fargo & Company 0.00% Reduce -20.7% 148,996 $1.4M
Melfa Wealth Management, Inc. 0.68% Reduce -4.0% 129,200 $1.2M
Allspring Global Investments Holdings, LLC 0.00% No change 126,286 $1.1M
Dakota Wealth Management 0.02% Add +2.6% 122,661 $1.1M
Cohen & Steers, Inc. 0.00% No change 120,000 $1.1M
MacKay Shields LLC 0.26% Reduce -29.3% 92,505 $841K
Raymond James Financial Inc. 0.00% Add +4.2% 86,986 $791K
Nuveen, LLC 0.00% No change 79,026 $718K
Wedbush Securities Inc. 0.02% Add +10.2% 77,244 $702K
StoneX Group Inc. 0.03% No change 74,170 $674K
NewEdge Advisors, LLC 0.00% Add +89.7% 68,473 $622K
Guggenheim Capital LLC 0.00% Reduce -1.4% 68,272 $621K
Royal Bank of Canada 0.00% Add +26.0% 60,994 $554K
UBS Group AG 0.00% Reduce -18.6% 59,728 $543K
Advisory Services Network, LLC 0.01% No change 59,406 $540K
Baird Financial Group, Inc. 0.00% Add +0.0% 51,463 $468K
&partners 0.00% New 50,083 $455K
Robinson Capital Management, LLC 0.19% New 48,933 $445K
Stifel Financial Corp. 0.00% No change 46,183 $420K
U.S. Capital Wealth Advisors, LLC 0.01% Reduce -30.1% 42,560 $387K
Morgan Stanley 0.00% Add +17.2% 37,530 $341K
Jane Street Group, LLC 0.00% New 36,352 $330K
Seven Mile Advisory 0.06% No change 36,209 $329K
Noble Wealth Management PBC 0.16% Add +0.5% 36,020 $327K
Graham Capital Wealth Management, LLC 0.30% Reduce -1.7% 35,254 $320K
Wellspring Financial Advisors, LLC 0.02% No change 34,126 $310K
Concurrent Investment Advisors, LLC 0.00% Add +3.1% 33,150 $301K
Camelot Portfolios, LLC 0.17% Reduce -15.4% 30,895 $281K
Stratos Wealth Partners, LTD. 0.00% New 28,250 $257K
PNC Financial Services Group, Inc. 0.00% No change 28,060 $255K
Summit Financial Wealth Advisors, LLC 0.03% No change 25,400 $231K
Cambridge Investment Research Advisors, Inc. 0.00% Add +7.0% 25,353 $230K
Susquehanna International Group, LLP 0.00% New 24,136 $219K
Rothschild Investment LLC 0.01% No change 23,317 $212K
Creative Planning 0.00% Reduce -7.0% 23,120 $210K
Integrated Wealth Concepts LLC 0.00% Reduce -16.8% 22,320 $203K
Osaic Holdings, Inc. 0.00% Add +0.9% 21,600 $196K
Oppenheimer & Co. Inc. 0.00% Add +9.4% 21,442 $195K
Rockefeller Capital Management L.P. 0.00% Add +0.1% 21,409 $195K
Basepoint Wealth LLC 0.11% Reduce -1.2% 20,668 $188K
Plan A Wealth LLC 0.08% Reduce -8.0% 17,253 $157K
Savvy Advisors, Inc. 0.00% No change 16,676 $152K
MAI Capital Management 0.00% Add +0.1% 15,497 $141K
Wealth Enhancement Advisory Services, LLC 0.00% No change 13,261 $121K
HighTower Advisors, LLC 0.00% No change 12,586 $114K
Envestnet Asset Management Inc. 0.00% New 12,090 $110K
Gridiron Partners, LLC 0.05% Reduce -97.5% 10,445 $95K
GM Advisory Group, LLC 0.00% New 10,197 $93K
US Bancorp \de 0.00% No change 8,053 $73K
Northwestern Mutual Wealth Management Co. 0.00% Add +11.3% 5,765 $52K
Kestra Advisory Services, LLC 0.00% New 2,775 $25K
Indiana Trust & Investment Management Co 0.01% No change 2,028 $18K
Highline Wealth Partners LLC 0.00% No change 1,390 $13K
Bartlett & Co. Wealth Management LLC 0.00% No change 1,307 $12K
Strategic Investment Solutions, Inc. 0.00% New 1,000 $9K
Cape Investment Advisory, Inc. 0.00% No change 976 $9K
Farther Finance Advisors, LLC 0.00% New 780 $7K
Harbour Investments, Inc. 0.00% No change 528 $5K
Assetmark, Inc. 0.00% New 165 $2K
Parallel Advisors, LLC 0.00% No change 100 $909
FMR LLC 0.00% New 5 $45

"% of holder's portfolio" is KTF's weight in each manager's 13F, not the share of DWS Municipal Income Trust the manager owns.