# DWS Municipal Income Trust (KTF) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Capital Markets. Price $8.68, market value $340 million.

## Valuation
- **P/E (trailing): 10.0×** (5-yr avg 13.8×, 3-yr avg 13.8×). DWS Municipal Income Trust trades at 10.0× trailing earnings, well below its own five-year average of 13.8×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 8.6%** (5-yr avg 10.9%). Free cash flow equals 8.6% of the market value, below its five-year average of 10.9%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 10.0%**. The inverse of the P/E: 10.0% of the price is earned each year.

## Profitability
- **Net margin: 105.3%**. 105.3% of each dollar of sales reaches the bottom line.
- **Return on equity: -1.5%**. Return on equity is negative because earnings are negative.
- **Return on assets: -1.0%**. Each dollar of assets produces -1.0% of profit; low single digits are normal for banks and insurers.

## Growth
- **EPS growth (1 yr): -115.7%**. Earnings per share fell 115.7%.
- **Free-cash-flow growth (3 yr): 21.6%/yr**. Free cash flow has compounded at 21.6% a year over three years.

## Financial health
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 8.43%** ($0.74 per share, trailing). DWS Municipal Income Trust yields 8.43%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 8.6%/yr** (1-yr 16.6%). The dividend has grown 8.6% a year over five years.

## Price and momentum
- **Total return (1 yr): 6.4%** (YTD 0.1%, 3-mo -3.2%). The shares are up 6.4% over twelve months including dividends.
- **From 52-week high: -7.4%** (0.6% above the low). Trading 7% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 32**. An RSI of 32 is neutral.
- **Beta (1 yr): 0.21** (volatility 8%). Beta of 0.21 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=KTF · Page: https://foliofundamentals.com/stocks/ktf

Not investment advice.
