Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DWS Mun Income Tr (KTF)

61 + Investors. Track Smart Money conviction in KTF. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -9
Streak
1Q ▼
Buyers last Q
42%

Smart Money Signals — KTF

Based on 62 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their KTF positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 81% of 3.0Y peak

81% of all-time peak
62 funds currently hold this stock — 81% of the 3.0-year high of 77 funds (reached 2023 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 11% fewer funds vs a year ago

fund count last 6Q
8 fewer hedge funds hold KTF compared to a year ago (-11% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 42% buying

25 buying35 selling
Last quarter: 35 funds reduced or exited vs 25 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 9 → 11 → 15 → 6. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 21% medium ■ 21% new
36 out of 62 hedge funds have held KTF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +20%, value -49%

Value
-48%
Shares
+19%
Last quarter: funds added +20% more shares while total portfolio value only changed -49%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~6 new funds/quarter

6 → 9 → 11 → 15 → 6 new funds/Q
New funds entering each quarter: 9 → 11 → 15 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 66% veterans vs 26% newcomers

■ 66% veterans ■ 8% 1-2yr ■ 26% new
Entry-cohort mix of 62 holders: 41 (66%) are 2+ year veterans, 5 entered 1–2 years ago, and 16 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 14% AUM from top-100

14% from top-100 AUM funds
11 of 62 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — KTF

In 2026 Q1, 25 hedge funds were net buyers of KTF (6 opened a new position, 19 added to an existing one), while 35 reduced or exited (20 trimmed, 15 sold completely) — a 42% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -9 funds (more exits than new entries). Total institutional holders: 62.

Hedge Fund Ownership: KTF

How many hedge funds hold KTF — quarterly history vs. share price
Quarterly hedge fund ownership of KTF vs. share price

Market Analysis: KTF

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: KTF

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy DWS Mun Income Tr (KTF) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much KTF has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 82d ago
KTF
+1.0%
XLF
+8.5%

KTF outperformed XLF by -7.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
KTF
+2.2%
XLF
+4.8%

Since the filing became public, KTF outperformed XLF by -2.6% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: KTF
61 + Investors

Track Smart Money conviction in KTF. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 61 71 -14.08%
13F Shares 18M 15M 19.79%
Total Value $72M $142M -48.91%
New Positions 6 15 -9
Increased Positions 19 18 +1
Closed Positions 16 10 +6
Reduced Positions 19 16 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: KTF

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

61 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in KTF. Verified SEC 13F-HR filings.

QUARTER:
Top 25 KTF holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Karpus Management, Inc. 0.93% 3,291,016 $29.9M
2 1607 Capital Partners, LLC 0.75% 1,140,943 $10.4M
3 Melfa Wealth Management, INC. 0.68% 129,200 $1.2M
4 Camelot Portfolios, LLC 0.20% 30,034 $273K
5 Graham Capital Wealth Management, LLC 0.19% 23,657 $215K
6 Noble Wealth Management PBC 0.15% 33,520 $305K
7 Hennion & Walsh Asset Management, Inc. 0.13% 429,722 $3.9M
8 Basepoint Wealth LLC 0.11% 21,168 $193K
9 Plan A Wealth LLC 0.08% 17,253 $157K
10 Capital Investment Advisors, LLC 0.04% 271,935 $2.5M
11 Summit Financial Wealth Advisors, LLC 0.03% 22,500 $205K
12 Dakota Wealth Management 0.02% 120,861 $1.1M
13 Wellspring Financial Advisors, LLC 0.02% 26,726 $243K
14 Rothschild Investment LLC 0.01% 23,317 $212K
15 Advisory Services Network, LLC 0.01% 53,979 $491K
16 Summit Trail Advisors, LLC 0.01% 47,273 $430K
17 Indiana Trust & Investment Management Co 0.01% 2,028 $18K
18 Concurrent Investment Advisors, LLC 0.01% 51,650 $470K
19 Guggenheim Capital LLC 0.00% 68,002 $619K
20 Savvy Advisors, Inc. 0.00% 16,676 $152K
21 Stratos Wealth Partners, LTD. 0.00% 36,437 $332K
22 Fiera Capital Corp 0.00% 111,851 $1.0M
23 Focus Partners Wealth 0.00% 320,511 $2.9M
24 Highline Wealth Partners LLC 0.00% 1,390 $13K
25 Oppenheimer & Co Inc 0.00% 27,468 $250K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — DWS Mun Income Tr (KTF)

What does the Smart Money Trend signal show for KTF?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their KTF positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for KTF?

More sellers than buyers — 42% buying: Last quarter: 35 funds reduced or exited vs 25 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for KTF holders?

Smaller funds dominant — 14% AUM from top-100: 11 of 62 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held KTF?

58% of holders stayed for 2+ years: 36 out of 62 hedge funds have held KTF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy DWS Mun Income Tr (KTF) following the 2026 Q1 hedge fund 13F filings?

As of today, KTF has moved +2.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of -2.6%. Since the quarter end (March 31, 2026), KTF has gained +1.0% vs +8.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →