DWS Strategic Income Trust is a closed-end, diversified management investment company. The Fund seeks to provide high current income by investing its assets in a combination of lower-rated corporate fixed-income securities; fixed-income securities of emerging markets and other foreign issuers, and fixed-income securities of the United States Government and its agencies, and instrumentalities and mortgage-backed issuers. The Fund's portfolio includes corporate bonds, government and agency obligations, loan participants and assignments, and cash equivalents. It invests in various sectors, such as financials, consumer discretionary, materials, telecommunication services, health care, industrials, information technology, Utilities and energy. Deutsche Investment Management Americas Inc. (DIMA), which is a part of Deutsche Asset Management, is the investment advisor for the Fund. DIMA is an indirect, wholly owned subsidiary of Deutsche Bank AG.