Deutsche Strategic Income:KST

    Overview

    As of 9/30/2014

     Share
    Price
    NAVPremium/
    Discount
    Current$12.14$13.73-11.58%
    52 Wk Avg$12.87$14.06-8.48%
    52 Wk High$13.79$14.29-1.72%
    52 Wk Low$12.09$13.69-11.78%
    Regular Distribution TypeIncome Only
    Distribution Rate7.71%
    Distribution Amount$0.0775
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income through investment in lower rated corporate, emerging market and US Government issued fixed income securities

    Capital Structure

    As of 9/30/2014

    Total Net Assets:$94.404M
    Total Common Assets:$64.460M
    Common Shares Outstanding:4,694,846
    Leverage

    As of 5/31/2014

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $30.000M
    Structural Leverage (USD): $30.000M
    Structural Leverage (%): 31.03%
    Effective Leverage (USD): $30.000M
    Effective Leverage (%): 31.03%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 11/30/2013

      Per Common Share
    Management Fees0.85%
    Other Expenses:0.47%
    Baseline Expense: 1.32%
    Interest Expense:0.52%
    Total: 1.84%

    Fund Management

    Fund Sponsor
    Deutsche Investment Management Americas Inc.

    Portfolio Managers
    Gary Sullivan (30 Dec 2006)

    Basics
    Category:Non-US/Other-Global Income
    Ticker:KST
    NAV Ticker:XKSTX
    Average Daily Volume (shares):
    Average Daily Volume (USD): 
    Inception Date:4/29/1994
    Inception Share Price:$15.00
    Inception NAV:$13.97
    Tender Offer:No
    Term:No
    Fiscal Year End:November 30
    Third Party Links & Reports

    Distributions

    As of 9/30/2014

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 5/31/2014
    $0.0712
    Annualized Distribution Rate on NAV:
    As of 9/30/2014
    6.79%
    Total Return on NAV (12 months):
    As of 9/30/2014
    6.95%
    Avg. UNII Per Share:
    As of 5/31/2014
    $0.0198
    Avg. Portfolio Coupon:
    As of 9/30/2014
    6.29%
    Total % Portfolio Effectively Leveraged:
    As of 9/30/2014
    31.03%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/30/2014

    PeriodAvg Discount
    6 Month-10.02%
    1 Year-8.48%
    3 Year-2.21%
    5 Year-3.84%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2014
    Category: Global Income Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-1.13%3.21%6.40%5.38%
    2013-1.45%4.69%-12.22%-4.58%
    201215.96%17.72%13.77%16.38%
    201115.16%6.86%11.66%4.74%
    201021.56%16.63%12.92%16.38%
    200959.87%44.24%45.77%31.85%
    2008-24.48%-20.00%-14.88%-13.99%
    2007-18.32%1.60%0.66%7.69%
    200630.86%11.42%11.91%9.41%
    20059.24%9.14%1.55%4.83%
    20049.72%15.39%6.10%10.26%
    200337.90%28.20%26.91%24.79%
    20023.24%4.05%25.50%16.02%
    20015.46%8.85%  
    200013.58%6.19%  
    1999-9.30%14.32%  
    1998-8.67%-2.52%  
    199720.75%13.34%  
    199638.14%26.58%  
    199538.74%30.80%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/30/2014
    Category: Global Income Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/30/2014
    6.29%
    Number of Holdings:
    As of 5/31/2014
    478
    Annual Portfolio Turnover:
    As of 11/30/2013
    7.00%
    Asset Allocation

    As of 5/31/2014 reported by Fund Sponsor

    Top Sectors

    As of 5/31/2014 reported by Fund Sponsor

    Sector%Portfolio
    Debt - Corporate 69.10%
    Debt - Senior Loans 21.66%
    Debt - Government 5.66%
    Money Market Fund 2.47%
    Debt - Pref Shrs 0.42%
    Net Current Assets 0.39%
    Debt - Convertibles 0.28%
    Derivatives (War Opt Fut)0.01%
    General Equity 0.01%
    Top Holdings

    As of 5/31/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    Central Cash Management Fund, 0.05% (Cos 0.05$2.39M2.47%
    Crown Castle International Corp., Term L 3.00 31 Jan 2019$1.17M1.22%
    Boyd Gaming Corp., Incremental Term Loan 3.25 02 Dec 2019$1.12M1.16%
    Gates Investments, Inc., Term Loan B2, 3 3.75 29 Sep 2016$1.06M1.09%
    Seminole Tribe Of Florida, Term Loan, 3. 3.00 29 Apr 2020$0.98M1.02%
    Reynolds Grp Issuer 5.75% 5.75 15 Oct 2020$0.96M0.99%
    Odebrecht Offshore Drilling 6.75% 6.75 01 Oct 2022$0.94M0.97%
    Goodyear Tire - Rubber Co., Second Lien 4.75 30 Apr 2019$0.94M0.97%
    Panama Rep 9.375% 9.38 16 Jan 2023$0.90M0.93%
    Vpii Escrow 144A 6.75%$0.89M0.92%
    Chs / Cmnty Health Sys 7.125% 7.13 15 Jul 2020$0.81M0.84%
    Credit Quality

    As of 6/30/2014 reported by Fund Sponsor

    Country Allocation

    As of 6/30/2014 reported by Fund Sponsor

    Country% Portfolio
    USA 69.00%
    Other Countries 10.00%
    Canada 7.00%
    Luxembourg 3.00%
    Cayman Islands 3.00%
    Netherlands 2.00%
    Bermuda 2.00%
    Germany 1.00%
    Brazil 1.00%
    Ireland 1.00%
    Panama 1.00%
    Peru 1.00%
    Turkey 1.00%
    France 1.00%
    Hungary 1.00%
    Israel 1.00%
    Mexico 1.00%
    Morocco 1.00%
    Argentina 1.00%
    Australia 1.00%

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