NEW YORK, June 7 /CNW/ - DWS Strategic Income Trust (NYSE symbol: KST)
declared a monthly dividend of $0.09 per share, payable on June 29, 2007 to
shareholders of record on June 18, 2007. The Ex-date is June 14, 2007. The
previous monthly dividend was $0.09 per share.
The current distribution rate represents a 7.71% annualized dividend
yield based on the closing market price of $14.00 on June 4, 2007 and a 7.78%
annualized dividend yield on a closing NAV of $13.88 on the same date.
Future earnings of the Fund can not be guaranteed and the Fund's dividend
policy is subject to change. For more information on KST please contact a
representative at (800) 349.4281 or visit us on the web at
Past performance is no guarantee of future results. Annualized dividend
yield is the latest monthly dividend shown as an annualized percentage of net
asset value/market price at month end. Annualized dividend yield simply
measures the level of dividends and is not a complete measure of performance.
Market price, annualized dividend yield, net asset value are historical and
will fluctuate and do not guarantee future results.
Investments in funds involve risk. Some funds have more risk than others.
These include funds that allow exposure to or otherwise concentrate
investments in certain sectors, geographic regions, security types, market
capitalization or foreign securities (e.g., political or economic instability,
which can be accentuated in emerging market countries).
This press release shall not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these securities in any
state or jurisdiction in which such offer or solicitation or sale would be
unlawful prior to registration or qualification under the laws of such state
NOT FDIC/ NCUA INSURED MAY LOSE VALUE NO BANK GUARANTEE
NOT A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
DWS Scudder is part of Deutsche Asset Management, which is the marketing
name in the US for the asset management activities of Deutsche Bank AG,
Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas
Inc. and DWS Trust Company. Copyright (C) 2007 DWS Scudder Distributors, Inc.
(MARS 27478 6/07)
For further information:
For further information: DWS Strategic Income Trust Mayura Hooper,
212-250-5536, Media Jon Diorio, 800-349-4281, Investors