Richard Herring - DWS Municipal Independent Trustee

KTF Stock  USD 10.00  0.02  0.20%   

Executive

Dr. Richard J. Herring Ph.D., is an Independent Trustee of Deutsche Municipal Income Trust. He is Jacob Safra Professor of International Banking and Professor, Finance Department, The Wharton School, University of Pennsylvania since July 1972.He is CoDirector of Wharton Financial Institutions Center since July 2000. He is CChair of U.S. Shadow Financial Regulatory Committee. He is Executive Director of Financial Economists Roundtable. Independent Director of Barclays Bank Delaware since September 2010. He is Director of Japan Equity Fund, Inc., since September 2007 and Thai Capital Fund, Inc. since September 2007, He is also Director of Singapore Fund, Inc., since September 2007. He was Vice Dean and Director of Wharton Undergraduate Division since July 1995 to June 2000. He was Director of Lauder Institute of International Management Studies since July 2000 to June 2006 since 1990.
Age 74
Tenure 34 years
Professional MarksPh.D
Address 875 Third Avenue, New York, NY, United States, 10022
Phone212 454 4500
Webhttps://fundsus.deutscheam.com/EN/products/deutsch
Herring earned Doctorate in Philosophy from Princeton University.

DWS Municipal Management Efficiency

The company has Return on Asset of 0.0238 % which means that on every $100 spent on assets, it made $0.0238 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0359 %, implying that it generated $0.0359 on every 100 dollars invested. DWS Municipal's management efficiency ratios could be used to measure how well DWS Municipal manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to 0.02. The current Return On Capital Employed is estimated to decrease to 0.03. At this time, DWS Municipal's Non Current Assets Total are most likely to increase significantly in the upcoming years. The DWS Municipal's current Non Currrent Assets Other is estimated to increase to 7,892, while Total Current Assets are projected to decrease to roughly 9.4 M.
DWS Municipal Income has 16.02 M in debt with debt to equity (D/E) ratio of 0.59, which is OK given its current industry classification. DWS Municipal Income has a current ratio of 0.16, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for DWS to invest in growth at high rates of return.

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Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc. Deutsche Municipal Income Trust was formed on October 20, 1988 and is domiciled in the United States. Scudder Municiple is traded on New York Stock Exchange in the United States. DWS Municipal Income (KTF) is traded on New York Stock Exchange in USA. It is located in 875 Third Avenue, New York, NY, United States, 10022 and employs 23 people. DWS Municipal is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

DWS Municipal Income Leadership Team

Elected by the shareholders, the DWS Municipal's board of directors comprises two types of representatives: DWS Municipal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DWS. The board's role is to monitor DWS Municipal's management team and ensure that shareholders' interests are well served. DWS Municipal's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DWS Municipal's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hepsen Uzcan, President, Chief Executive Officer
Ashton CFA, Portfolio Mang
Rebecca Rimel, Independent Trustee
Michael Generazo, Portfolio Manager
William Searcy, Independent Trustee
John Ballantine, Independent Trustee
Rebecca Flinn, Portfolio Manager
Sheila Cadogan, Assistant Treasurer
Catherine Schrand, Trustee
William McClayton, Independent Vice Chairman of the Board of Trustee
Michelle GoveiaPine, Interim Anti-Money Laundering Compliance Officer
John Millette, Vice President Secretary
Paul Antosca, Assistant Treasurer
George Catrambone, Director Adviser
Diane Kenneally, Chief Financial Officer, Treasurer
Caroline Pearson, Chief Legal Officer
Chad Perry, Trustee
Richard Herring, Independent Trustee
Scott Hogan, Chief Compliance Officer
Wayne Salit, Anti-Money Laundering Compliance Officer
DawnMarie Driscoll, Independent Trustee
Ciara Crawford, Assistant Secretary
Keith Fox, Independent Chairman of the Board of Trustees

DWS Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is DWS Municipal a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether DWS Municipal Income is a strong investment it is important to analyze DWS Municipal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DWS Municipal's future performance. For an informed investment choice regarding DWS Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in DWS Municipal Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DWS Municipal. If investors know DWS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DWS Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
0.388
Earnings Share
0.35
Revenue Per Share
0.697
Quarterly Revenue Growth
(0)
The market value of DWS Municipal Income is measured differently than its book value, which is the value of DWS that is recorded on the company's balance sheet. Investors also form their own opinion of DWS Municipal's value that differs from its market value or its book value, called intrinsic value, which is DWS Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DWS Municipal's market value can be influenced by many factors that don't directly affect DWS Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DWS Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if DWS Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DWS Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.