DWS

DWS Strategic Municipal Income Trust Announces Termination and Liquidating Distribution to Shareholders

Retrieved on: 
Thursday, March 28, 2024
Asset Management, Professional Services, Finance, Nature, Risk, War, Trustee, Fund, Terrorism, Bankruptcy, Investment, Sale, DWS, KSM, Legislation, Virus, Security (finance)

DWS Strategic Municipal Income Trust (NYSE: KSM) (the “Fund”) announced today 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, 2024.

Key Points: 
  • DWS Strategic Municipal Income Trust (NYSE: KSM) (the “Fund”) announced today 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, 2024.
  • DWS Strategic Municipal Income Trust.
  • Credit risk refers to the ability of an issuer to make timely payments of principal and interest.
  • Investing in derivatives entails special risks relating to liquidity, leverage and credit that may reduce returns and/or increase volatility.

DWS Municipal Income Trust Announces Termination and Liquidating Distribution to Shareholders and Distribution Rate Increase

Retrieved on: 
Thursday, March 28, 2024
Asset Management, Professional Services, Finance, Legislation, Nature, Risk, War, Trustee, Fund, Terrorism, Bankruptcy, Investment, Sale, DWS, Federal, KTF, Virus, Security (finance)

DWS Municipal Income Trust (NYSE: KTF) (the “Fund”) announced today 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.

Key Points: 
  • DWS Municipal Income Trust (NYSE: KTF) (the “Fund”) announced today 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 distribution rate increase will be implemented starting with KTF’s next monthly dividend scheduled to be announced on or about April 8, 2024.
  • Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the Fund’s monthly distribution rate.
  • A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder.

Silver Creek Capital Hires Michael Callahan as Managing Director, Business Development

Retrieved on: 
Tuesday, March 19, 2024
Banking, Asset Management, Professional Services, Finance, Growth, Silver, Business, Business administration, DWS Group, History, BlackRock, Business development, Senior, CFA, DWS, Fidelity Investments, Saint Anselm College, Management

Silver Creek Capital Management (“Silver Creek” or the “Firm”), an alternative investment boutique focused on developing unique investment solutions for institutional and sophisticated investors globally, today announced that Michael Callahan has joined the Firm as Managing Director, Business Development.

Key Points: 
  • Silver Creek Capital Management (“Silver Creek” or the “Firm”), an alternative investment boutique focused on developing unique investment solutions for institutional and sophisticated investors globally, today announced that Michael Callahan has joined the Firm as Managing Director, Business Development.
  • He most recently served as a Managing Director at Investcorp, focused on institutional capital raising for its global credit business.
  • I am excited to collaborate with our team to pursue a wide range of attractive business opportunities.”
    The addition of Mr. Callahan reflects the continued growth of the Silver Creek team.
  • Mr. Callahan brings more than 25 years of experience in business development and client relationship management.

GK8 Launches Tokenization Wizard, Enabling Institutional-Grade Tokenization of Any Asset

Retrieved on: 
Wednesday, April 3, 2024
EVM, Entrepreneurship, Partnership, MPC, L2, Flow Traders, Non-fungible token, Decentralized finance, DWS, Ecosystem, TEL, Cryptocurrency

Tokenization presents vast opportunities for businesses and investors, with some analysts predicting tokenized assets will reach $4 trillion in market value by 2030.

Key Points: 
  • Tokenization presents vast opportunities for businesses and investors, with some analysts predicting tokenized assets will reach $4 trillion in market value by 2030.
  • "Our Tokenization Wizard, with its user-friendly interface and customizable options, revolutionizes the tokenization process, enabling users to tokenize assets with just a few clicks.
  • Institutions can now leverage this innovative technology to facilitate new revenue streams, enabling them to adopt these new capabilities securely."
  • Tokenization of any asset - The Tokenization Wizard can create any kind of token, ranging from NFTs and utility tokens to security tokens and real-world assets.

3D Printing Markets Totaled $14.7B in 2023, Year Over Year Growth of 13%; AM Research Publishes Annual 2023 Market Data, Debuts Written Market Insights

Retrieved on: 
Tuesday, April 2, 2024
EOS, HBD, Research, Growth, EVP, Polymer, BLT, Beam, Metal, Software, AMR, DWS, Desktop Metal, 3D Systems, GE Aviation, Microsoft Excel, Trumpf, Core, HP, Video game

Even amidst a rebound in general market sentiment, the growth rate for all 3D printing hardware, materials, software and services is estimated to be only 13.5% (to $14.7B) for 2023 compared to 2022.

Key Points: 
  • Even amidst a rebound in general market sentiment, the growth rate for all 3D printing hardware, materials, software and services is estimated to be only 13.5% (to $14.7B) for 2023 compared to 2022.
  • The AM metals segment outpaced polymers with nearly 15% growth compared to just over 10% for polymers.
  • The AM services market totaled $6.7B, growth nearly in line with the total AM industry.
  • With this Q4 2023 reporting, AM Research is debuting a quarterly "3DP/AM Market Insights" product.

Certain DWS Closed-End Funds Declare Monthly Distributions

Retrieved on: 
Friday, March 8, 2024
Banking, Professional Services, Finance, DWS, Investment, Terrorism, Bankruptcy, Sale, War, Risk, Legislation, Security (finance)

Although the fund seeks income that is exempt from federal income taxes, a portion of the fund’s distributions may be subject to federal, state and local taxes, including the alternative minimum tax.

Key Points: 
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the fund’s distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Although the fund seeks income that is exempt from federal income taxes, a portion of the fund’s distributions may be subject to federal, state and local taxes, including the alternative minimum tax.
  • Closed-end funds, unlike open-end funds, are not continuously offered.
  • The price of a fund’s shares is determined by a number of factors, several of which are beyond the control of the fund.

Xtrackers by DWS Launches its First Active ETF: NRES

Retrieved on: 
Tuesday, February 27, 2024
Banking, Professional Services, Finance, LRA, DWS, Natural Resources, US1, Copper, Research, Investment, Aluminium, Gasoline, Growth, ETF, Government, GNR, Metal, History, Fund, Balise, Agriculture, Microsoft, Environment, Financial adviser

DWS, one of the world's leading asset managers, announced today the listing of its first actively-managed exchange-traded fund (ETF), the Xtrackers RREEF Global Natural Resources ETF (NASDAQ: NRES) (the “Fund”).

Key Points: 
  • DWS, one of the world's leading asset managers, announced today the listing of its first actively-managed exchange-traded fund (ETF), the Xtrackers RREEF Global Natural Resources ETF (NASDAQ: NRES) (the “Fund”).
  • For DWS, this listing marks its entry into the fast-growing actively managed ETF market in the US1.
  • DWS' robust Alternatives platform has a 50-year history of active investing for institutional, corporate, and sovereign clients worldwide.
  • Globally, Xtrackers by DWS is a large and established provider of high-quality exchange traded funds (ETFs) and exchange traded commodities (ETCs).

DWS Announces Product Updates to Six U.S.-Listed ETFs

Retrieved on: 
Monday, February 26, 2024
Banking, Asset Management, Professional Services, Finance, DWS, Balise, Capital gain, ETF, AUM, Fund

Proceeds of the liquidations are currently scheduled to be sent to shareholders on or about March 22, 2024.

Key Points: 
  • Proceeds of the liquidations are currently scheduled to be sent to shareholders on or about March 22, 2024.
  • When each liquidating Fund commences liquidation of its portfolio securities, the liquidating Fund may hold cash and securities that may not be consistent with the liquidating Fund’s investment objective and strategy.
  • During this period, each liquidating Fund is likely to incur higher tracking error than is typical for the liquidating Fund.
  • Globally, Xtrackers by DWS is a large and established provider of high-quality exchange traded funds (ETFs) and exchange traded commodities (ETCs).

DWS Municipal Income Trust Announces Distribution Rate Increase

Retrieved on: 
Monday, February 26, 2024
Professional Services, Finance, DWS, Risk, Terrorism, Movement, Bankruptcy, Sale, Nature, KTF, Federal, Investment, Legislation

DWS Municipal Income Trust (KTF) (the “Fund”) announced today an increase to the Fund’s current monthly distribution rate by approximately 25% from $0.029 to $0.035 per share or approximately a 4.20% annualized distribution rate based on the Fund’s net asset value as of February 26, 2024.

Key Points: 
  • DWS Municipal Income Trust (KTF) (the “Fund”) announced today an increase to the Fund’s current monthly distribution rate by approximately 25% from $0.029 to $0.035 per share or approximately a 4.20% annualized distribution rate based on the Fund’s net asset value as of February 26, 2024.
  • The increase in the current distribution rate will be implemented with the Fund’s next monthly dividend scheduled to be announced on or about March 8, 2024.
  • Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the Fund’s monthly distribution rate.
  • DWS Municipal Income Trust.

Lenovo Group: Third Quarter Results 2023/24

Retrieved on: 
Thursday, February 22, 2024
Consumer Electronics, Technology, Mobile, Wireless, Software, Networks, Artificial Intelligence, Hardware, Cloud, DWS, Work, SSG, Anaconda, ESG, Gold, Edge, PC, Certified Public Accountant, Cloud computing, Corporate Equality Index, Smartphone, Creativity, AAA, MSCI, Human Rights Campaign, CES, IDG, ISG, Tablet, Partnership, Video game

To further build its unique position in the AI-era, Lenovo is continuing its investment commitments in innovation.

Key Points: 
  • To further build its unique position in the AI-era, Lenovo is continuing its investment commitments in innovation.
  • IDG delivered a strong quarter with revenue resuming growth thanks to a clear strategy, consistent investment in innovation, and operational excellence.
  • Lenovo has a unique opportunity to develop a fully unified AI experience that spans users’ digital ecosystems, including PC, tablets, and smartphones.
  • Lenovo has been recognized for several ESG achievements over the past quarter, including:
    Maintaining the highest possible score in the annual MSCI ESG ratings with a AAA rating.