DWS High Income Trust Announces Results of Annual Meeting of Shareholders

Thu May 28, 5:17 PM

NEW YORK--(BUSINESS WIRE)--The Board of Trustees of DWS High Income Trust, Inc. (NYSE: KHI) (the “Fund”) announced today that the Fund’s Annual Meeting was held on May 28, 2009. The Fund’s proposal to convert the Fund from a closed-end investment company to an open-end investment company was not approved. Therefore, the Fund will continue to exist as a closed-end registered investment company in accordance with its stated investment objective and policies.

The Fund also announced that the following trustees nominated by the Board of Trustees were elected:

  • Dawn-Marie Driscoll
  • Keith R. Fox
  • Richard Herring
  • William N. Searcy, Jr.
  • Robert H. Wadsworth

For more information on KHI, please contact a representative at (800) 349-4281 or visit us on the web at www.dws-investments.com for updated information on the Fund.

IMPORTANT INFORMATION

Shares of common stock of closed-end funds, unlike open-end funds, are not continuously offered. There is a one time public offering and, once issued, shares of common stock of closed-end funds are traded in the open market generally through a stock exchange. Common shares of closed-end funds frequently trade at a discount to net asset value. The price of common shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, the fund cannot predict whether its common shares will trade at, below, or above net asset value.

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of fund securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

Certain statements contained in this release may be forward-looking in nature. These include all statements relating to plans, expectations, and other statements that are not historical facts and typically use words like “expect,” “anticipate,” “believe,” and similar expressions. Such statements represent management's current beliefs, based upon information available at the time the statements are made, with regard to the matters addressed. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Management does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

       

NOT FDIC/ NCUA INSURED • MAY LOSE VALUE • NO BANK GUARANTEE

NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

DWS Investments is part of Deutsche Bank’s Asset Management division and, within the US, represents the retail asset management activities of Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas Inc. and DWS Trust Company.

(R-4265-2 5/09)

Deutsche Bank Press Office, 212-454-2085, Media
Shareholder Account Information, 800-294-4366
DWS Closed-end Funds, 800-349-4281