DWS Municipal Income Trust announced that the Board of Trustees has approved the termination of the Fund, pursuant to which the Fund will make a liquidating distribution to shareholders no later than November 30, 2026. The Fund also announced that it is increasing its monthly distribution rate to an annualized distribution rate of at least 7% based on KTF?s net asset value (?NAV?) per share as of the then current distribution declaration date. The distribution rate increase will be implemented starting with KTF?s next monthly dividend scheduled to be announced on or about April 8, 2024.

The annualized distribution rate target of at least 7% will remain in effect until the termination of KTF; provided that under certain limited circumstances, the monthly distribution amount may be reduced below the annualized distribution rate target of at least 7%.