Fitch Withdraws BofA Money Market Funds' Ratings

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has withdrawn the ratings of the following five money market funds managed by BofA Global Capital Management:

--BofA Government Plus Reserves,

--BofA Government Reserves,

--BofA Money Market Reserves,

--BofA Municipal Reserves,

--BofA Treasury Reserves.

All of the funds were rated 'AAAmmf' prior to the withdrawal.

Fitch is withdrawing the ratings of the five money funds as they no longer exist. BofA Municipal Reserves was liquidated and the remaining funds were merged into money funds managed by Blackrock Advisors, LLC, following the acquisition of the Bank of America money-market fund business by Blackrock. Accordingly, Fitch will no longer provide ratings or analytical coverage for the funds.

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

Applicable Criteria

Global Money Market Fund Rating Criteria (pub. 10 Dec 2015)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=874565

Additional Disclosures

Solicitation Status

https://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=1004400

Endorsement Policy

https://www.fitchratings.com/jsp/creditdesk/PolicyRegulation.faces?context=2&detail=31

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/20160512006332/en/

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

Source: Fitch Ratings

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