Fitch Affirms VRDP Shares Issued by 4 Nuveen Funds Ahead of Replacement of Liquidity Providers
Mar 8, 2013
Fitch Ratings-New York-08 March 2013: Fitch Ratings affirms the ratings of 'AAA/F1+' assigned to certain series of variable rate demand preferred shares (VRDP shares) issued by four Nuveen municipal closed-end funds (CEF). The funds are managed by Nuveen Fund Advisors, LLC (NFA) and subadvised by Nuveen Asset Management, LLC (NAM).
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