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Deutsche Multi-Market Income Trust

NYSE:KMM
Snowflake Description

Excellent balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KMM
NYSE
$202M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Deutsche Multi-Market Income Trust is a closed-ended mutual fund launched by Deutsche Wealth & Asset Management. The last earnings update was 101 days ago. More info.


Add to Portfolio Compare Print
  • Deutsche Multi-Market Income Trust is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
KMM Share Price and Events
7 Day Returns
0.2%
NYSE:KMM
1.5%
US Capital Markets
1.6%
US Market
1 Year Returns
1.7%
NYSE:KMM
8.2%
US Capital Markets
12.4%
US Market
KMM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Deutsche Multi-Market Income Trust (KMM) 0.2% 0.6% 0.7% 1.7% 21.4% -5.9%
US Capital Markets 1.5% 2.2% -2.2% 8.2% 46.2% 88.5%
US Market 1.6% 0.9% -1.7% 12.4% 55.7% 105.1%
1 Year Return vs Industry and Market
  • KMM underperformed the Capital Markets industry which returned 8.2% over the past year.
  • KMM underperformed the Market in United States of America which returned 12.4% over the past year.
Price Volatility
KMM
Industry
5yr Volatility vs Market

KMM Value

 Is Deutsche Multi-Market Income Trust undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Deutsche Multi-Market Income Trust. This is due to cash flow or dividend data being unavailable. The share price is $9.02.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Deutsche Multi-Market Income Trust's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Deutsche Multi-Market Income Trust's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:KMM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-05-31) in USD $0.12
NYSE:KMM Share Price ** NYSE (2018-11-09) in USD $9.02
United States of America Capital Markets Industry PE Ratio Median Figure of 66 Publicly-Listed Capital Markets Companies 21.28x
United States of America Market PE Ratio Median Figure of 2,971 Publicly-Listed Companies 18.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Deutsche Multi-Market Income Trust.

NYSE:KMM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:KMM Share Price ÷ EPS (both in USD)

= 9.02 ÷ 0.12

72.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Deutsche Multi-Market Income Trust is overvalued based on earnings compared to the US Capital Markets industry average.
  • Deutsche Multi-Market Income Trust is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Deutsche Multi-Market Income Trust's expected growth come at a high price?
Raw Data
NYSE:KMM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 72.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 34 Publicly-Listed Capital Markets Companies 1.85x
United States of America Market PEG Ratio Median Figure of 2,086 Publicly-Listed Companies 1.27x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Deutsche Multi-Market Income Trust, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Deutsche Multi-Market Income Trust's assets?
Raw Data
NYSE:KMM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-05-31) in USD $9.03
NYSE:KMM Share Price * NYSE (2018-11-09) in USD $9.02
United States of America Capital Markets Industry PB Ratio Median Figure of 125 Publicly-Listed Capital Markets Companies 4.78x
United States of America Market PB Ratio Median Figure of 4,972 Publicly-Listed Companies 1.88x
NYSE:KMM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:KMM Share Price ÷ Book Value per Share (both in USD)

= 9.02 ÷ 9.03

1x

* Primary Listing of Deutsche Multi-Market Income Trust.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Deutsche Multi-Market Income Trust is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Deutsche Multi-Market Income Trust's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Deutsche Multi-Market Income Trust has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

KMM Future Performance

 How is Deutsche Multi-Market Income Trust expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Deutsche Multi-Market Income Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.8%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Deutsche Multi-Market Income Trust expected to grow at an attractive rate?
  • Unable to compare Deutsche Multi-Market Income Trust's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Deutsche Multi-Market Income Trust's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Deutsche Multi-Market Income Trust's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:KMM Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 7.8%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:KMM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:KMM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-05-31 13 56 3
2018-02-28 14 33 9
2017-11-30 14 10 15
2017-08-31 14 21 17
2017-05-31 14 33 19
2017-02-28 14 29 17
2016-11-30 15 25 15
2016-08-31 15 16 5
2016-05-31 15 8 -4
2016-02-29 15 26 -6
2015-11-30 16 44 -9
2015-08-31 17 53 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Deutsche Multi-Market Income Trust is high growth as no earnings estimate data is available.
  • Unable to determine if Deutsche Multi-Market Income Trust is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:KMM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Deutsche Multi-Market Income Trust Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:KMM Past Financials Data
Date (Data in USD Millions) EPS *
2018-05-31 0.12
2018-02-28 0.40
2017-11-30 0.68
2017-08-31 0.76
2017-05-31 0.85
2017-02-28 0.75
2016-11-30 0.66
2016-08-31 0.24
2016-05-31 -0.17
2016-02-29 -0.28
2015-11-30 -0.38
2015-08-31 -0.19

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Deutsche Multi-Market Income Trust will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Deutsche Multi-Market Income Trust's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Deutsche Multi-Market Income Trust has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

KMM Past Performance

  How has Deutsche Multi-Market Income Trust performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Deutsche Multi-Market Income Trust's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Deutsche Multi-Market Income Trust's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Deutsche Multi-Market Income Trust's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Deutsche Multi-Market Income Trust's 1-year earnings growth is negative, it can't be compared to the US Capital Markets industry average.
Earnings and Revenue History
Deutsche Multi-Market Income Trust's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Deutsche Multi-Market Income Trust Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:KMM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-05-31 13.45 2.79 2.04
2018-02-28 13.71 8.97 2.23
2017-11-30 13.96 15.14 2.42
2017-08-31 14.13 17.08 2.51
2017-05-31 14.30 19.01 2.60
2017-02-28 14.41 16.86 2.39
2016-11-30 14.52 14.70 2.18
2016-08-31 14.59 5.44 2.12
2016-05-31 14.65 -3.82 2.07
2016-02-29 15.23 -6.25 2.14
2015-11-30 15.80 -8.69 2.21
2015-08-31 16.88 -4.31 2.30
2015-05-31 17.96 0.08 2.39
2015-02-28 18.68 5.90 2.43
2014-11-30 19.40 11.73 2.47
2014-08-31 19.64 14.26 2.47
2014-05-31 19.88 16.79 2.46
2014-02-28 20.50 15.30 2.47
2013-11-30 21.11 13.80 2.49
2013-08-31 21.92 24.37 2.50
2013-05-31 22.72 34.95 2.52
2013-02-28 23.24 39.87 2.48
2012-11-30 23.77 44.80 2.45
2012-08-31 23.82 29.46 2.42
2012-05-31 23.87 14.12 2.40
2012-02-29 24.24 13.65 2.42
2011-11-30 24.60 13.17 2.44

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Deutsche Multi-Market Income Trust has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Deutsche Multi-Market Income Trust used its assets less efficiently than the US Capital Markets industry average last year based on Return on Assets.
  • Deutsche Multi-Market Income Trust's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Deutsche Multi-Market Income Trust's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Deutsche Multi-Market Income Trust has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

KMM Health

 How is Deutsche Multi-Market Income Trust's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Deutsche Multi-Market Income Trust's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Deutsche Multi-Market Income Trust's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Deutsche Multi-Market Income Trust has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Deutsche Multi-Market Income Trust's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Deutsche Multi-Market Income Trust Company Filings, last reported 5 months ago.

NYSE:KMM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-05-31 202.21 24.51 0.49
2018-02-28 202.21 24.51 0.49
2017-11-30 208.35 72.50 0.54
2017-08-31 208.35 72.50 0.54
2017-05-31 208.77 71.00 0.51
2017-02-28 208.77 71.00 0.51
2016-11-30 202.61 73.00 0.49
2016-08-31 202.61 73.00 0.49
2016-05-31 200.19 93.00 0.34
2016-02-29 200.19 93.00 0.34
2015-11-30 202.35 83.00 0.41
2015-08-31 202.35 83.00 0.41
2015-05-31 220.69 85.00 1.81
2015-02-28 220.69 85.00 1.81
2014-11-30 237.68 100.17 0.01
2014-08-31 237.68 100.17 0.01
2014-05-31 249.32 118.01 2.43
2014-02-28 249.32 118.01 2.43
2013-11-30 244.57 109.75 1.53
2013-08-31 244.57 109.75 1.53
2013-05-31 251.19 115.06 3.49
2013-02-28 251.19 115.06 3.49
2012-11-30 251.53 103.07 0.05
2012-08-31 251.53 103.07 0.05
2012-05-31 237.73 112.36 0.09
2012-02-29 237.73 112.36 0.09
2011-11-30 228.34 100.59 0.02
  • Deutsche Multi-Market Income Trust's level of debt (12.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (45.8% vs 12.1% today).
  • Debt is well covered by operating cash flow (227.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.1x coverage).
X
Financial health checks
We assess Deutsche Multi-Market Income Trust's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Deutsche Multi-Market Income Trust has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

KMM Dividends

 What is Deutsche Multi-Market Income Trust's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.32%
Current annual income from Deutsche Multi-Market Income Trust dividends.
If you bought $2,000 of Deutsche Multi-Market Income Trust shares you are expected to receive $86 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Deutsche Multi-Market Income Trust's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.37%).
  • Deutsche Multi-Market Income Trust's dividend is above the markets top 25% of dividend payers in United States of America (3.5%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:KMM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1977 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:KMM Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-10-05 0.390 4.339
2018-09-07 0.390 4.339
2018-08-08 0.390 4.352
2018-07-06 0.390 4.396
2018-06-08 0.390 4.431
2018-05-09 0.390 4.429
2018-04-06 0.420 4.764
2018-03-09 0.420 4.785
2018-02-09 0.420 4.789
2018-01-09 0.420 4.734
2017-12-08 0.420 4.722
2017-11-10 0.420 4.722
2017-10-06 0.420 4.700
2017-09-08 0.420 4.712
2017-08-08 0.420 4.747
2017-07-07 0.420 4.744
2017-06-09 0.420 4.752
2017-05-09 0.420 4.754
2017-04-07 0.420 4.797
2017-03-10 0.420 4.866
2017-02-09 0.420 4.835
2017-01-09 0.420 4.854
2016-12-09 0.420 4.920
2016-11-10 0.492 5.852
2016-10-07 0.492 5.808
2016-09-09 0.510 6.002
2016-08-08 0.510 5.900
2016-07-08 0.510 6.026
2016-06-10 0.510 6.262
2016-05-09 0.510 6.214
2016-04-08 0.510 6.254
2016-03-11 0.510 6.439
2016-02-09 0.510 6.755
2016-01-08 0.510 6.876
2015-12-10 0.510 6.830
2015-11-10 0.510 6.905
2015-10-09 0.510 6.729
2015-09-10 0.540 7.240
2015-08-10 0.540 7.127
2015-07-10 0.540 6.860
2015-06-10 0.660 8.108
2015-05-08 0.660 7.809
2015-04-13 0.660 7.752
2015-03-10 0.660 7.803
2015-02-09 0.660 7.745
2015-01-09 0.660 7.802
2014-12-08 0.660 7.857
2014-11-10 0.660 7.517
2014-10-10 0.660 7.434
2014-09-09 0.660 7.338
2014-08-08 0.660 7.178
2014-07-10 0.660 7.111
2014-06-10 0.660 7.063
2014-05-09 0.660 7.113
2014-04-10 0.660 7.045
2014-03-10 0.720 7.650
2014-02-10 0.720 7.697
2014-01-10 0.720 7.735
2013-12-10 0.720 7.779
2013-11-08 0.840 8.942
2013-10-08 0.840 8.626
2013-09-11 0.840 8.369
2013-08-08 0.840 7.922
2013-07-10 0.840 8.183
2013-06-10 0.840 8.659
2013-05-08 0.840 7.660
2013-04-10 0.924 7.833
2013-03-08 0.924 8.351
2013-02-08 0.924 8.258
2013-01-10 0.924 8.246
2012-12-10 0.924 8.751
2012-10-08 0.924 8.592
2012-09-11 0.924 8.236
2012-08-08 0.924 8.378
2012-07-10 0.924 8.523
2012-06-08 0.924 8.841
2012-05-08 0.924 8.911
2012-04-10 0.924 8.730
2012-03-08 0.924 8.784
2012-02-08 0.924 8.624
2012-01-10 0.924 8.778
2011-12-06 0.924 9.107
2011-11-07 0.924 9.168
2011-10-07 0.924 9.447
2011-09-09 0.924 9.646
2011-08-08 0.924 9.609
2011-07-08 0.924 8.966
2011-06-07 0.924 8.618
2011-05-09 0.924 8.496
2011-04-08 0.924 8.741
2011-03-08 0.924 8.918
2011-02-07 0.882 8.758
2011-01-07 0.882 8.855
2010-12-06 0.882 8.937
2010-11-08 0.882 8.732
2010-10-08 0.882 8.550
2010-09-09 0.882 8.982
2010-08-06 0.882 9.146
2010-07-07 0.840 9.073
2010-06-07 0.840 9.479
2010-05-07 0.840 9.711
2010-04-08 0.840 9.085
2010-03-09 0.840 9.068
2010-02-08 0.840 9.576
2010-01-08 0.816 9.139
2009-12-07 0.816 9.498
2009-11-06 0.816 9.865
2009-10-06 0.780 9.438
2009-09-08 0.780 9.673
2009-08-07 0.780 10.188
2009-07-08 0.780 10.746
2009-06-05 0.780 11.223
2009-05-07 0.780 11.636
2009-04-07 0.780 12.379
2009-02-06 0.780 13.382
2009-01-08 0.780 12.471
2008-12-05 0.780 14.535
2008-11-13 0.780 15.946

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Deutsche Multi-Market Income Trust's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Deutsche Multi-Market Income Trust's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Deutsche Multi-Market Income Trust afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Deutsche Multi-Market Income Trust has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

KMM Management

 What is the CEO of Deutsche Multi-Market Income Trust's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Deutsche Multi-Market Income Trust has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the Deutsche Multi-Market Income Trust management team in years:

12.3
Average Tenure
53
Average Age
  • The average tenure for the Deutsche Multi-Market Income Trust management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Paul Schubert

TITLE
Chief Financial Officer and Treasurer
AGE
55
TENURE
13.8 yrs

Caroline Pearson

TITLE
Managing Director and Assistant Secretary
AGE
56
TENURE
8.8 yrs

Robert Kloby

TITLE
Chief Compliance Officer
AGE
56
TENURE
12.8 yrs

Mike Woods

TITLE
Executive Vice President
AGE
51

John Millette

TITLE
Chief Legal Officer and Secretary
AGE
56
TENURE
19.8 yrs

Andrew Cestone

TITLE
Lead Portfolio Manager
AGE
48
TENURE
13 yrs

Melinda Morrow

TITLE
Vice President
AGE
48
TENURE
6.8 yrs

Wayne Salit

TITLE
Anti-Money Laundering Compliance Officer
AGE
51

Paul Antosca

TITLE
Assistant Treasurer
AGE
61
TENURE
11.8 yrs

Jack Clark

TITLE
Assistant Treasurer
AGE
51
TENURE
11.8 yrs
Board of Directors Tenure

Average tenure and age of the Deutsche Multi-Market Income Trust board of directors in years:

22.3
Average Tenure
72.5
Average Age
  • The average tenure for the Deutsche Multi-Market Income Trust board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Kenneth Froewiss

TITLE
Chairperson
COMPENSATION
$1K
AGE
73
TENURE
5.8 yrs

William McClayton

TITLE
Vice Chairperson
COMPENSATION
$1K
AGE
74
TENURE
5.8 yrs

Paul Freeman

TITLE
COMPENSATION
$1K
AGE
68
TENURE
25.8 yrs

Jean Stromberg

TITLE
COMPENSATION
$1K
AGE
75
TENURE
21.8 yrs

John Ballantine

TITLE
COMPENSATION
$1K
AGE
72
TENURE
19.8 yrs

Rebecca Rimel

TITLE
COMPENSATION
$1K
AGE
67
TENURE
23.8 yrs

William Searcy

TITLE
COMPENSATION
$1K
AGE
72
TENURE
25.8 yrs

Robert Wadsworth

TITLE
COMPENSATION
$1K
AGE
78
TENURE
19.8 yrs

Henry Becton

TITLE
COMPENSATION
$1K
AGE
75
TENURE
28.8 yrs

Keith Fox

TITLE
COMPENSATION
$1K
AGE
64
TENURE
22.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Deutsche Multi-Market Income Trust's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Deutsche Multi-Market Income Trust has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

KMM News

External News
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Simply Wall St News

KMM Company Info

Map
Description

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. For the fixed income component of its portfolio, the fund seeks a target allocation similar to 50% Credit Suisse High Yield Index, 25% Lehman Brothers Treasury Index, 15% Citigroup Non-USD World Government Bond Currency Hedged Index, and 10% Citigroup Non-USD World Government Bond Currency Hedged Index. It was formerly known as DWS Multi-Market Income Trust. Deutsche Multi-Market Income Trust was formed in January 23, 1989 and is domiciled in United States.

Details
Name: Deutsche Multi-Market Income Trust
KMM
Exchange: NYSE
Founded: 1989
$201,987,214
22,393,261
Website: http://fundsus.deutscheam.com/EN/products/deutsche-multi-market-income-trust.jsp?core-key=313
Address: Deutsche Multi-Market Income Trust
345 Park Avenue,
New York,
New York, 10154,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE KMM Common Stock New York Stock Exchange US USD 23. Jan 1989
Number of employees
Current staff
Staff numbers
0
Deutsche Multi-Market Income Trust employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/11/12 21:18
End of day share price update: 2018/11/09 00:00
Last earnings filing: 2018/08/03
Last earnings reported: 2018/05/31
Last annual earnings reported: 2017/11/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.