Fitch Updates Closed-End Fund Rating Criteria

NEW YORK--()--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

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Contacts

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
hannah.james@fitchratings.com

Contacts

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
hannah.james@fitchratings.com