NEW YORK--(BUSINESS WIRE)--Fitch Ratings presented a webcast titled '2014 Outlook: U.S. Closed-
End Fund Leverage' hosted by Capital Link Webinars on Jan. 8, 2014. Presentation materials and access to webcast replay can be accessed via the links provided at the end of this press release.
The webcast gathered participants from the advisor, investor and fund manager communities of the closed-end fund (CEF) industry.
Fitch discussed the following topics:
--Fitch Ratings' outlook on the $27.3 billion of notes and preferred issued by U.S. closed-end funds (CEFs) and rated by the agency;
--Fund leverage ratios going into 2014;
--Types of leverage utilized by CEFs today;
--Upcoming debt maturity schedule;
--Bank lenders lead table.
--Ian Rasmussen, Senior Director, Fund and Asset Management at Fitch Ratings.
--Yuriy Layvand, Director, Fund and Asset Management at Fitch Ratings.
The audio can be replayed at the following link:
Fitch rates $27.3 billion of debt and preferred stock issued by U.S. leveraged CEFs. The agency publishes periodic research and commentary on the sector and market developments. To opt-in to our complimentary monthly mailing list, register at the following link:
Additional information is available at 'www.fitchratings.com'
Applicable Criteria and Related Research: 2014 Outlook: U.S. Closed-End Fund Leverage