Laurion Capital Management LP Continues to Hold Holdings in DWS Strategic Income Trust (KST)
Laurion Capital Management LP maintained its stake in shares of DWS Strategic Income Trust (NYSE:KST) during the 2nd quarter, according to its most recent filing with the SEC. The fund owned 17,020 shares of the investment management company’s stock at the close of the 2nd quarter. Laurion Capital Management LP owned approximately 0.39% of DWS Strategic Income Trust worth $211,000 as of its most recent SEC filing.
Separately, Shaker Financial Services LLC lifted its position in shares of DWS Strategic Income Trust by 413.5% during the 2nd quarter. Shaker Financial Services LLC now owns 64,685 shares of the investment management company’s stock worth $801,000 after buying an additional 52,087 shares during the last quarter. Institutional investors and hedge funds own 41.95% of the company’s stock.
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Shares of DWS Strategic Income Trust (KST) opened at 12.5099 on Thursday. The stock’s 50 day moving average is $12.39 and its 200 day moving average is $12.34. DWS Strategic Income Trust has a 12 month low of $11.55 and a 12 month high of $12.53.
The firm also recently announced a monthly dividend, which was paid on Friday, September 29th. Stockholders of record on Monday, September 18th were paid a dividend of $0.042 per share. This represents a $0.50 annualized dividend and a dividend yield of 4.03%. The ex-dividend date was Friday, September 15th.
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 emerging markets and other foreign issuers, and fixed-income securities of the United States government and its agencies and instrumentalities, and mortgage-backed issuers.
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