Deutsche Income Trust

04/21/2026 | Press release | Distributed by Public on 04/21/2026 06:55

Summary Prospectus by Investment Company (Form 497K)

SUPPLEMENT TO THE CURRENTLY EFFECTIVE SUMMARY PROSPECTUS AND PROSPECTUS
DWS Short Duration Fund
Effective April 21, 2026, the following information replaces the existing similar disclosure in the "FEES AND EXPENSES" section of the fund's summary prospectus and in the "FEES AND EXPENSES" section of the summary section of the fund's prospectus:
SHAREHOLDER FEES (paid directly from your investment) 
A
C
R6
INST
S
Maximum sales charge (load)
imposed on purchases, as % of
offering price
2.25
None
None
None
None
Maximum deferred sales charge
(load), as % of redemption
proceeds1
None
1.00
None
None
None
Account Maintenance Fee (annually,
for fund account balances below
$10,000 and subject to certain
exceptions)
$20
$20
None
None
$20
ANNUAL FUND OPERATING EXPENSES
(expenses that you pay each year as a % of the value of your investment) 
A
C
R6
INST
S
Management fee
0.37
0.37
0.37
0.37
0.37
Distribution/service (12b-1) fees
0.25
1.00
None
None
None
Other expenses2
0.25
0.25
0.13
0.24
0.29
Total annual fund operating
expenses
0.87
1.62
0.50
0.61
0.66
Fee waiver/expense reimbursement
0.28
0.28
0.16
0.27
0.32
Total annual fund operating
expenses after fee waiver/expense
reimbursement
0.59
1.34
0.34
0.34
0.34
1
Investments of $250,000 or more may be eligible to buy Class A shares without a sales charge (load), but may be subject to a contingent deferred sales charge of 0.75% if redeemed within 12 months of the original purchase date.
2
"Other expenses" are restated to exclude fees related to proxy expenses. "Other expenses" would have been 0.26%, 0.26%, 0.14%, 0.25% and 0.30% for Class A, Class C, Class R6, Institutional Class and Class S, respectively, had proxy expenses been included.
The Advisor has contractually agreed through September 30, 2027 to waive its fees and/or reimburse fund expenses to the extent necessary to maintain the fund's total annual operating expenses (excluding certain expenses such as extraordinary expenses, taxes, brokerage, interest expense and acquired fund fees and expenses) at ratios no higher than 0.59%, 1.34%, 0.34%, 0.34% and 0.34% for Class A, Class C, Class R6, Institutional Class and Class S, respectively. The agreement may only be terminated with the consent of the fund's Board.
EXAMPLE
This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the fund's operating expenses (including one year of capped expenses in each period) remain the same. Class C shares generally convert automatically to Class A shares after 8 years. The information presented in the Example for Class C reflects the conversion of Class C shares to Class A shares after 8 years. See "Class C Shares" in the "Choosing a Share Class" section of the prospectus for more information. Although your actual costs may be higher or lower, based on these assumptions your costs would be: 
Years
A
C
R6
INST
S
1
$284
$236
$35
$35
$35
3
469
484
144
168
179
5
670
855
264
313
336
10
1,248
1,697
613
736
792
You would pay the following expenses if you did not redeem your shares: 
Years
A
C
R6
INST
S
1
$284
$136
$35
$35
$35
3
469
484
144
168
179
5
670
855
264
313
336
10
1,248
1,697
613
736
792
April 21, 2026
PROSTKR26-13
 
Effective April 21, 2026, the following information replaces the existing similar disclosure relating to the fund under the "Management Fee" sub-heading of the "WHO MANAGES AND OVERSEES THE FUNDS" section of the fund's prospectus:
For DWS Short Duration Fund, the Advisor has contractually agreed through September 30, 2027 to waive its fees and/or reimburse fund expenses to the extent necessary to maintain the fund's total annual operating expenses (excluding certain expenses such as extraordinary expenses, taxes,
brokerage, interest expense and acquired fund fees and expenses) at ratios no higher than 0.59%, 1.34%, 0.34%, 0.34% and 0.34% for Class A, Class C, Class R6, Institutional Class and Class S, respectively. The agreement may only be terminated with the consent of the fund's Board.
Effective April 21, 2026, the following information replaces the existing similar disclosure relating to the fund under the "HYPOTHETICAL EXPENSE SUMMARY" heading in the "APPENDIX A" section of the fund's prospectus:
DWS Short Duration Fund - Class A 
Maximum
Sales Charge:
2.25%
Initial Hypothetical
Investment:
$10,000
Assumed Rate
of Return:
5%
Year
Cumulative
Return Before
Fees &
Expenses
Annual
Fund
Expense
Ratios
Cumulative
Return After
Fees &
Expenses
Hypothetical
Year-End
Balance After
Fees &
Expenses
Annual Fees
&
Expenses
1
5.00%
0.59%
2.06%
$10,206.08
$283.94
2
10.25%
0.87%
6.28%
$10,627.59
$90.63
3
15.76%
0.87%
10.67%
$11,066.51
$94.37
4
21.55%
0.87%
15.24%
$11,523.55
$98.27
5
27.63%
0.87%
19.99%
$11,999.48
$102.33
6
34.01%
0.87%
24.95%
$12,495.06
$106.55
7
40.71%
0.87%
30.11%
$13,011.10
$110.95
8
47.75%
0.87%
35.48%
$13,548.46
$115.53
9
55.13%
0.87%
41.08%
$14,108.01
$120.31
10
62.89%
0.87%
46.91%
$14,690.67
$125.27
Total
$1,248.15
April 21, 2026
PROSTKR26-13
2
 
DWS Short Duration Fund - Class C 
Maximum
Sales Charge:
0.00%
Initial Hypothetical
Investment:
$10,000
Assumed Rate
of Return:
5%
Year
Cumulative
Return Before
Fees &
Expenses
Annual
Fund
Expense
Ratios
Cumulative
Return After
Fees &
Expenses
Hypothetical
Year-End
Balance After
Fees &
Expenses
Annual Fees
&
Expenses
1
5.00%
1.34%
3.66%
$10,366.00
$136.45
2
10.25%
1.62%
7.16%
$10,716.37
$170.77
3
15.76%
1.62%
10.79%
$11,078.58
$176.54
4
21.55%
1.62%
14.53%
$11,453.04
$182.51
5
27.63%
1.62%
18.40%
$11,840.15
$188.67
6
34.01%
1.62%
22.40%
$12,240.35
$195.05
7
40.71%
1.62%
26.54%
$12,654.07
$201.64
8
47.75%
1.62%
30.82%
$13,081.78
$208.46
9
55.13%
0.87%
36.22%
$13,622.06
$116.16
10
62.89%
0.87%
41.85%
$14,184.65
$120.96
Total
$1,697.21
DWS Short Duration Fund - Class R6 
Maximum
Sales Charge:
0.00%
Initial Hypothetical
Investment:
$10,000
Assumed Rate
of Return:
5%
Year
Cumulative
Return Before
Fees &
Expenses
Annual
Fund
Expense
Ratios
Cumulative
Return After
Fees &
Expenses
Hypothetical
Year-End
Balance After
Fees &
Expenses
Annual Fees
&
Expenses
1
5.00%
0.34%
4.66%
$10,466.00
$34.79
2
10.25%
0.50%
9.37%
$10,936.97
$53.51
3
15.76%
0.50%
14.29%
$11,429.13
$55.92
4
21.55%
0.50%
19.43%
$11,943.44
$58.43
5
27.63%
0.50%
24.81%
$12,480.90
$61.06
6
34.01%
0.50%
30.43%
$13,042.54
$63.81
7
40.71%
0.50%
36.29%
$13,629.45
$66.68
8
47.75%
0.50%
42.43%
$14,242.78
$69.68
9
55.13%
0.50%
48.84%
$14,883.71
$72.82
10
62.89%
0.50%
55.53%
$15,553.47
$76.09
Total
$612.79
April 21, 2026
PROSTKR26-13
3
 
DWS Short Duration Fund - Institutional Class 
Maximum
Sales Charge:
0.00%
Initial Hypothetical
Investment:
$10,000
Assumed Rate
of Return:
5%
Year
Cumulative
Return Before
Fees &
Expenses
Annual
Fund
Expense
Ratios
Cumulative
Return After
Fees &
Expenses
Hypothetical
Year-End
Balance After
Fees &
Expenses
Annual Fees
&
Expenses
1
5.00%
0.34%
4.66%
$10,466.00
$34.79
2
10.25%
0.61%
9.25%
$10,925.46
$65.24
3
15.76%
0.61%
14.05%
$11,405.08
$68.11
4
21.55%
0.61%
19.06%
$11,905.77
$71.10
5
27.63%
0.61%
24.28%
$12,428.43
$74.22
6
34.01%
0.61%
29.74%
$12,974.04
$77.48
7
40.71%
0.61%
35.44%
$13,543.60
$80.88
8
47.75%
0.61%
41.38%
$14,138.16
$84.43
9
55.13%
0.61%
47.59%
$14,758.83
$88.14
10
62.89%
0.61%
54.07%
$15,406.74
$92.00
Total
$736.39
DWS Short Duration Fund - Class S 
Maximum
Sales Charge:
0.00%
Initial Hypothetical
Investment:
$10,000
Assumed Rate
of Return:
5%
Year
Cumulative
Return Before
Fees &
Expenses
Annual
Fund
Expense
Ratios
Cumulative
Return After
Fees &
Expenses
Hypothetical
Year-End
Balance After
Fees &
Expenses
Annual Fees
&
Expenses
1
5.00%
0.34%
4.66%
$10,466.00
$34.79
2
10.25%
0.66%
9.20%
$10,920.22
$70.57
3
15.76%
0.66%
13.94%
$11,394.16
$73.64
4
21.55%
0.66%
18.89%
$11,888.67
$76.83
5
27.63%
0.66%
24.05%
$12,404.64
$80.17
6
34.01%
0.66%
29.43%
$12,943.00
$83.65
7
40.71%
0.66%
35.05%
$13,504.72
$87.28
8
47.75%
0.66%
40.91%
$14,090.83
$91.07
9
55.13%
0.66%
47.02%
$14,702.37
$95.02
10
62.89%
0.66%
53.40%
$15,340.45
$99.14
Total
$792.16
Please Retain This Supplement for Future Reference
April 21, 2026
PROSTKR26-13
4
 
Deutsche Income Trust published this content on April 21, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 21, 2026 at 12:55 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]