Sei Investments Co. Purchases Shares of 13,616 Deutsche Multi-Market Income Trust (KMM)

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Sei Investments Co. acquired a new position in shares of Deutsche Multi-Market Income Trust (NYSE:KMM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 13,616 shares of the investment management company’s stock, valued at approximately $120,000. Sei Investments Co. owned 0.06% of Deutsche Multi-Market Income Trust at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. UBS Group AG grew its stake in Deutsche Multi-Market Income Trust by 486.8% during the 1st quarter. UBS Group AG now owns 11,518 shares of the investment management company’s stock valued at $101,000 after acquiring an additional 9,555 shares in the last quarter. LPL Financial LLC boosted its position in Deutsche Multi-Market Income Trust by 97.8% during the first quarter. LPL Financial LLC now owns 22,988 shares of the investment management company’s stock worth $202,000 after purchasing an additional 11,365 shares during the period. Relative Value Partners Group LLC boosted its position in Deutsche Multi-Market Income Trust by 1.3% during the first quarter. Relative Value Partners Group LLC now owns 1,939,616 shares of the investment management company’s stock worth $17,030,000 after purchasing an additional 24,873 shares during the period. 1607 Capital Partners LLC boosted its position in Deutsche Multi-Market Income Trust by 12.5% during the first quarter. 1607 Capital Partners LLC now owns 346,542 shares of the investment management company’s stock worth $3,043,000 after purchasing an additional 38,560 shares during the period. Finally, Bulldog Investors LLC boosted its position in Deutsche Multi-Market Income Trust by 7.4% during the first quarter. Bulldog Investors LLC now owns 879,059 shares of the investment management company’s stock worth $7,718,000 after purchasing an additional 60,643 shares during the period. Hedge funds and other institutional investors own 41.69% of the company’s stock.

Deutsche Multi-Market Income Trust stock traded up $0.03 during trading hours on Friday, reaching $8.97. 42,022 shares of the company were exchanged, compared to its average volume of 40,132. Deutsche Multi-Market Income Trust has a 12 month low of $8.61 and a 12 month high of $9.02.

The firm also recently declared a monthly dividend, which will be paid on Wednesday, October 31st. Stockholders of record on Monday, October 15th will be issued a dividend of $0.0325 per share. The ex-dividend date is Friday, October 12th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.35%.

About Deutsche Multi-Market Income Trust

Deutsche Multi-Market Income Trust is a closed-ended mutual fund launched by Deutsche Wealth & Asset Management. It is managed by Deutsche Investment Management Americas Inc The fund invests in the fixed income markets across the globe. It seeks to invest in income-producing securities such as US corporate fixed-income securities, debt obligation of foreign government their agencies and instrumentalities, debt obligation of US government and its agencies and instrumentalities, private mortgage backed issuers, and other income producing securities.

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Institutional Ownership by Quarter for Deutsche Multi-Market Income Trust (NYSE:KMM)

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