Western Investment Hedged Partners LP recently revealed that they own 3.9% of DWS Strategic Income Trust (NYSE:KST) in a Form 13D/A disclosure that was filed with the Securities and Exchange Commission (SEC) on Friday, October 7th. The investor owns 171,604 shares of the stock worth approximately $2,028,359. The reporting parties listed on the disclosure included Western Investment Hedged Partners LP, Western Investment Total Return Partners LP, Western Investment LLC, Arthur D Lipson, Benchmark Plus Institutional Partners, LLC, Benchmark Plus Management, LLC, Robert Ferguson, Lynn D Schultz, Neil R Chelo and Matthew S Crouse. The disclosure is available through EDGAR at this link.
DWS Strategic Income Trust (NYSE:KST) traded down 0.25% during midday trading on Friday, hitting $11.79. The stock had a trading volume of 2,234 shares. The firm has a 50-day moving average of $12.03 and a 200-day moving average of $11.64. DWS Strategic Income Trust has a 12-month low of $9.84 and a 12-month high of $12.29.
About DWS Strategic Income Trust
Deutsche Strategic Income Trust (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to provide high current income. The Fund seeks to achieve its objective by investing its assets in a combination of lower-rated corporate fixed-income securities; fixed-income securities of markets and other foreign issuers, and fixed-income securities of the United States Government and its agencies and instrumentalities and private mortgage-backed issuers.
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