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Fitch Rates Preferred Shares Issued by Two Deutsche Closed-End Funds

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned new ratings to the following Floating Rate Municipal Term Preferred Shares (MTPS) issued by two closed-end funds managed by Deutsche Investment Management Americas Inc.(DIMA): Deutsche Municipal Income Trust (KTF) -- $198,750,000 of Series 2018 MTPS at 'AAA' Deutsche Strategic Municipal Income Trust (KSM) -- $70,000,000 of Series 2018 MTPS at 'AAA' The funds will utilize the Series 2018 MTPS to fully redeem Series 2015 MTPS and remarketed an

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