Certain Deutsche Closed-End Funds Announce Portfolio Manager Retirement

5/21/18

NEW YORK--(BUSINESS WIRE)--Deutsche Municipal Income Trust (NYSE:KTF) and Deutsche Strategic Municipal Income Trust (NYSE:KSM) (each, a “Fund”) announced today that effective July 13, 2018, Rebecca L. Flinn will retire from DWS and be removed as a portfolio manager for each Fund. KTF will continue to be managed by Ashton P. Goodfield and Michael J. Generazo. KSM will continue to be managed by Ashton P. Goodfield, A. Gene Caponi and Carol L. Flynn.

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