DWS High Income Trust (NYSE:KHI) major shareholder Saba Capital Management, L.P. sold 100,000 shares of the company’s stock in a transaction on Monday, September 19th. The stock was sold at an average price of $9.10, for a total value of $910,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

  • On Wednesday, September 14th, Saba Capital Management, L.P. sold 10,300 shares of DWS High Income Trust stock. The stock was sold at an average price of $9.16, for a total value of $94,348.00.
  • On Thursday, September 15th, Saba Capital Management, L.P. purchased 9,643 shares of DWS High Income Trust stock. The stock was acquired at an average price of $9.12 per share, with a total value of $87,944.16.
  • On Friday, September 9th, Saba Capital Management, L.P. sold 79,098 shares of DWS High Income Trust stock. The stock was sold at an average price of $9.21, for a total value of $728,492.58.

Shares of DWS High Income Trust (NYSE:KHI) opened at 9.09 on Wednesday. DWS High Income Trust has a 52 week low of $7.29 and a 52 week high of $9.27. The firm has a 50-day moving average price of $9.16 and a 200-day moving average price of $8.84.

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The company also recently declared a dividend, which will be paid on Friday, September 30th. Shareholders of record on Monday, September 19th will be issued a $0.038 dividend. The ex-dividend date is Thursday, September 15th.

DWS High Income Trust Company Profile

Deutsche High Income Trust (Fund) is a closed-end, diversified management investment company. The Fund, through a professionally managed diversified portfolio of income-producing securities, seeks highest current income obtainable consistent with reasonable risk. Its secondary objective is seeking capital gains, where consistent with its primary objective.

5 Day Chart for NYSE:KHI

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