X0206 3 2015-01-31 0 0000839533 DEUTSCHE MUNICIPAL INCOME TRUST KTF 0000911421 PARTNERRE LTD 90 PITTS BAY RD. WELLESLEY HOUSE PEMBROKE D0 HM08 BERMUDA 0 0 1 0 0001643270 Partner Reinsurance Co Ltd. 90 PITTS BAY RD. WELLESLEY HOUSE PEMBROKE D0 HM08 BERMUDA 0 0 1 0 0001599479 PartnerRe Principal Finance Inc. ONE GREENWICH PLAZA GREENWICH CT 06830 0 0 1 0 Call Option (right to buy) 5000.00 2015-04-01 2015-04-01 Floating Rate Municipal Term Preferred Shares, Series 2015 37773 I By Subsidiary Put Option (obligation to buy) 5000.00 2015-01-21 2015-03-31 Floating Rate Municipal Term Preferred Shares, Series 2015 37773 I By Subsidiary On January 16, 2015, Partner Reinsurance Company Ltd. ("PRC"), a wholly owned direct subsidiary of PartnerRe Ltd., and Citibank N.A. ("Citibank") entered into a Put/Call Agreement (the "Put/Call Agreement"), by which, among other things, (i) PRC granted Citibank an option (exercisable between January 21, 2015 and March 31, 2015) (the "Put Option") to cause PRC to purchase the Floating Rate Municipal Term Preferred Shares, Series 2015 (the "MTPS Shares") from Citibank at the option price of $5,000 per share plus accumulated but unpaid dividends (the "Option Price"); and (ii) Citibank granted PRC an option (exercisable on April 1, 2015) (the "Call Option") to cause Citibank to sell the MTPS Shares to PRC at the Option Price. The reporting persons became beneficial owners of the reported securities within the meaning of Rule 16a-1(a)(1) under the Securities Exchange Act of 1934 (the "Exchange Act") on January 31, 2015, which is the date that is sixty days prior to April 1, 2015, the date on which the Call Option became exercisable. PartnerRe Principal Finance Inc., a wholly owned indirect subsidiary of PartnerRe Ltd., acts as investment adviser for PRC. PartnerRe Principal Finance Inc. does not beneficially own any of the reported securities within the meaning of Rule 16a-1(a)(2) under the Exchange Act. /s/C. Marc Wetherhill, Chief Legal Counsel 2015-05-27 /s/C. Marc Wetherhill, General Counsel & Chief Compliance Officer 2015-05-27 /s/TK Khan, General Counsel 2015-05-27