Western Investment Hedged Partners LP revealed that they own a 3.9% stake in DWS Strategic Income Trust (NYSE:KST) in a Form 13D/A disclosure that was filed with the Securities and Exchange Commission on Wednesday, September 28th. The investor owns 170,409 shares of the stock valued at $2,065,357. 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.
Shares of DWS Strategic Income Trust (NYSE:KST) traded up 0.17% during mid-day trading on Wednesday, hitting $12.12. The company had a trading volume of 10,702 shares. The firm’s 50 day moving average is $12.04 and its 200-day moving average is $11.60. DWS Strategic Income Trust has a 12-month low of $9.84 and a 12-month high of $12.29.
DWS Strategic Income Trust Company Profile
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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