Fitch Updates Closed-End Fund Rating Criteria

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has released updated criteria for rating obligations of closed-end funds (CEFs) and market value structures (MVS). The framework of the criteria remains the same and there are no material changes to discount factors, concentration limits, or other analytical factors. As a result, Fitch does not expect any existing ratings to be impacted by the changes.

See 'Rating Closed-End Funds and Market Value Structures,' dated Sep. 9, 2016, available by clicking on the link.

Additional information is available at 'www.fitchratings.com'.

Related Research

Rating Closed-End Funds and Market Value Structures

https://www.fitchratings.com/site/re/886753

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160909005967/en/

Fitch Ratings
Greg Fayvilevich, +1-212-908-9151
Senior Director
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Brian Knudsen, +1-646-582-4904
Associate Director
or
Roger Merritt, +1-212-908-0636
Managing Director
or
Media Relations
Hannah James, New York, +1-646-582-4947
[email protected]

Source: Fitch Ratings

You May Also Be Interested In

• SENIX Announces Prime Day Deal on 21-Inch Self-Propelled Gas Lawn Mower as Homeowners Tackle Peak Summer Yard Care
• Dr. Rashad Richey Delivers Commencement for SAE Institute of Technology-Atlanta on GA Tech’s Campus, Gifting $162,500 in Business Development Packages
• Ethereum News: Why Pepeto’s $10.3 Million Presale Grows While ETH Restructures