DWS Strategic Income Trust (NYSE:KST): Institutional Investors Aren’t Crazy About It

June 20, 2017 - By reb123z

 DWS Strategic Income Trust (NYSE:KST): Institutional Investors Aren't Crazy About It

Sentiment for DWS Strategic Income Trust (NYSE:KST)

DWS Strategic Income Trust (NYSE:KST) institutional sentiment decreased to 0.58 in 2016 Q4. Its down -0.53, from 1.11 in 2016Q3. The ratio worsened, as 7 active investment managers opened new or increased holdings, while 12 reduced and sold equity positions in DWS Strategic Income Trust. The active investment managers in our partner’s database reported: 1.68 million shares, up from 1.50 million shares in 2016Q3. Also, the number of active investment managers holding DWS Strategic Income Trust in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 9 Increased: 3 New Position: 4.

Deutsche Strategic Income Trust is a closed-end, diversified management investment company. The company has market cap of $53.89 million. The Fund’s investment objective is to provide high current income. It currently has negative earnings. 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.

The stock increased 0.10% or $0.01 on June 19, reaching $12.39. About shares traded. Deutsche Strategic Income Trust (NYSE:KST) has risen 7.36% since June 20, 2016 and is uptrending. It has underperformed by 9.34% the S&P500.

Saba Capital Management L.P. holds 0.5% of its portfolio in Deutsche Strategic Income Trust for 416,155 shares. Icon Advisers Inc Co owns 153,370 shares or 0.12% of their US portfolio. Moreover, Shaker Financial Services Llc has 0.09% invested in the company for 12,598 shares. The Minnesota-based Sit Investment Associates Inc has invested 0.06% in the stock. Rivernorth Capital Management Llc, a Illinois-based fund reported 63,903 shares.#img1#

Since January 1, 0001, it had 1 insider buy, and 0 selling transactions for $23,335 activity.

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