What if you'd held KTF?
A $1,000 investment in DWS Municipal Income Trust (KTF) at the month-end close of 1988-10 would be worth $7,858 at the close of 2026-08 — +685.8% total return, dividends reinvested. The same $1,000 in the S&P 500 would be worth $27,630.
Your scenario
Result
If you'd bought $1,000 at the start of each year
Value of $1,000 invested on January 1 of each year, held to 2026-08, dividends included.
Every year, $1,000 from 1988
| Year | Value of $1,000 | Year return |
|---|---|---|
| 1988 | $1,000 | — |
| 1989 | $1,009 | +0.9% |
| 1990 | $1,053 | +4.4% |
| 1991 | $1,248 | +18.5% |
| 1992 | $1,372 | +9.9% |
| 1993 | $1,522 | +11.0% |
| 1994 | $1,283 | -15.7% |
| 1995 | $1,717 | +33.8% |
| 1996 | $1,885 | +9.8% |
| 1997 | $2,177 | +15.5% |
| 1998 | $2,327 | +6.9% |
| 1999 | $1,726 | -25.9% |
| 2000 | $1,956 | +13.3% |
| 2001 | $2,204 | +12.7% |
| 2002 | $2,389 | +8.4% |
| 2003 | $2,805 | +17.4% |
| 2004 | $2,805 | 0.0% |
| 2005 | $3,345 | +19.2% |
| 2006 | $3,027 | -9.5% |
| 2007 | $3,053 | +0.9% |
| 2008 | $2,504 | -18.0% |
| 2009 | $3,876 | +54.8% |
| 2010 | $4,027 | +3.9% |
| 2011 | $5,221 | +29.7% |
| 2012 | $5,779 | +10.7% |
| 2013 | $5,168 | -10.6% |
| 2014 | $6,150 | +19.0% |
| 2015 | $6,611 | +7.5% |
| 2016 | $6,841 | +3.5% |
| 2017 | $6,575 | -3.9% |
| 2018 | $6,035 | -8.2% |
| 2019 | $6,965 | +15.4% |
| 2020 | $7,487 | +7.5% |
| 2021 | $7,938 | +6.0% |
| 2022 | $6,062 | -23.6% |
| 2023 | $6,487 | +7.0% |
| 2024 | $7,381 | +13.8% |
| 2025 | $7,726 | +4.7% |
| 2026 | $7,858 | +1.7% |
Best and worst month-end to buy
The best single month-end close to have bought KTF was 1989-02 ($1.05): $1,000 then is $8,457 today. The worst was 2021-07 ($9.26): $1,000 then is $959.
FAQ
What would $1,000 in KTF be worth today?
A $1,000 investment in DWS Municipal Income Trust (KTF) at the start of 1988 would be worth about $7,858 today, a total return of +685.8%. Dividends are reinvested in these figures.
What were the best and worst years for KTF?
DWS Municipal Income Trust (KTF)'s strongest calendar year since 1988 was 2009, a +54.8% return — $1,000 held through that year became about $1,548 by year-end. Its weakest year was 1999, at -25.9%.
Does the calculator include dividends and splits?
Yes where available. Prices are adjusted for both stock splits and reinvested dividends (total return), the same measure brokerages use.
How much would $100 per month in KTF have grown?
Investing $100 at the end of every month since 1988-10 would have grown to about $135,858 on $45,500 invested.
Did KTF beat the S&P 500?
Over the same period, $1,000 in the S&P 500 index would be worth $27,630. KTF trailed the S&P 500 by +71.6% in total return.
Is this investment advice?
No. Wall Street Regrets is an entertainment and education tool. Every number is a historical calculation, not a prediction, and past performance never guarantees future results.
Methodology
DWS Municipal Income Trust (KTF) historical total-return data from 1988-10 to 2026-08, reduced to month-end closes for the tables above.
Returns use adjusted close prices from Yahoo Finance historical data — adjusted for stock splits and reinvested dividends — the same convention used by major brokerages. A "year" scenario invests $1,000 at the prior December's month-end close and values it at the latest available month-end close. Non-USD amounts are converted at historical month-end exchange rates (Yahoo Finance): to USD on the buy date and back to your currency at the latest rate, so the return reflects the currency move as well as the asset.
Month-end resolution means intra-month extremes are not captured in tables; the calculator uses exact trading-day closes where daily data is available. Figures ignore taxes, fees, and the currency effects of non-USD listings. History is not a forecast. Wall Street Regrets is entertainment, not investment advice.
What if you'd held…
Data: adjusted close prices via Yahoo Finance. As of 2026-08. Not financial advice.