Credit Quality. The Fund has invested at least 80% of its Managed Assets in Municipal Obligations that, at the time of investment, were rated within the four highest grades (Baa or BBB or better) by at least one NRSRO or were unrated but judged to be of comparable quality by the Investment Adviser.
Appears in 7 contracts
Samples: VRDP Shares Fee Agreement (Bank of America Corp /De/), VRDP Shares Fee Agreement (Bank of America Corp /De/), VRDP Shares Fee Agreement (Bank of America Corp /De/)
Credit Quality. The Fund has invested at least 80% of its Managed Assets primarily in Municipal Obligations investment grade securities that, at the time of investment, were rated within the four highest grades (Baa or BBB or better) by at least one NRSRO or were unrated but judged to be of comparable quality by the Investment Adviser.
Appears in 6 contracts
Samples: VRDP Shares Fee Agreement (Bank of America Corp /De/), VRDP Shares Fee Agreement (Blackrock Muniholdings New Jersey Quality Fund, Inc.), VRDP Shares Fee Agreement (Bank of America Corp /De/)
Credit Quality. The Fund has invested at least 8075% of its Managed Assets in Municipal Obligations investment grade securities that, at the time of investment, were rated within the four highest grades (Baa or BBB or better) by at least one NRSRO or were unrated but judged to be of comparable quality by the Investment Adviser.
Appears in 5 contracts
Samples: VRDP Shares Fee Agreement (Toronto Dominion Investments, Inc.), VRDP Shares Fee Agreement (Toronto Dominion Investments, Inc.), VRDP Shares Fee Agreement (Toronto Dominion Investments, Inc.)
Credit Quality. The Under normal market conditions, the Fund has invested shall invest at least 80% of its Managed Assets in Municipal Obligations thatrated, at the time of investment, were rated within in one of the four highest grades (Baa or BBB or better) rating categories by at least one NRSRO or were unrated but judged or, if unrated, determined to be of comparable quality by the Investment Adviser.
Appears in 4 contracts
Samples: Variable Rate Muni Term Preferred Shares Purchase Agreement (Jpmorgan Chase & Co), Variable Rate Muni Term Preferred Shares Purchase Agreement (Jpmorgan Chase & Co), Variable Rate Muni Term Preferred Shares Purchase Agreement (Jpmorgan Chase & Co)
Credit Quality. The Fund has invested will, under normal market conditions, invest at least 80% of its Managed Assets in Municipal Obligations thatrated, at the time of investment, were rated within in one of the four highest grades (Baa or BBB or better) rating categories by at least one NRSRO or were unrated but judged or, if unrated, determined to be of comparable quality by the Investment Adviser.
Appears in 3 contracts
Samples: Variable Rate Muni Term Preferred Shares Purchase Agreement (Jpmorgan Chase & Co), Variable Rate Muni Term Preferred Shares Purchase Agreement (Jpmorgan Chase & Co), Variable Rate Muni Term Preferred Shares Purchase Agreement (Jpmorgan Chase & Co)
Credit Quality. The Fund has invested at least 8075% of its Managed Assets in Municipal Obligations that, at the time of investment, were rated within the four highest grades (Baa or BBB or better) by at least one NRSRO or were unrated but judged to be of comparable quality by the Investment Adviser.
Appears in 2 contracts
Samples: VRDP Shares Fee Agreement (Bank of America Corp /De/), VRDP Shares Fee Agreement (Bank of America Corp /De/)
Credit Quality. The Under normal market conditions, the Fund has invested shall invest at least 8075% of its Managed Assets in Municipal Obligations thatrated, at the time of investment, were rated within in one of the four highest grades (Baa or BBB or better) rating categories by at least one NRSRO or were unrated but judged or, if unrated, determined to be of comparable quality by the Investment Adviser.
Appears in 2 contracts
Samples: Variable Rate Muni Term Preferred Shares Purchase Agreement (Jpmorgan Chase & Co), Variable Rate Muni Term Preferred Shares Purchase Agreement (Jpmorgan Chase & Co)
Credit Quality. The Fund has invested at least 8065% of its Managed Assets in Municipal Obligations that, at the time of investment, were rated within the four highest grades (Baa or BBB or better) by at least one NRSRO or were unrated but judged to be of comparable quality by the Investment Adviser.
Appears in 1 contract
Samples: VRDP Shares Fee Agreement (Bank of America Corp /De/)
Credit Quality. The Fund (1) has invested at least 8075% of its Managed Assets in Municipal Obligations investment grade securities that, at the time of investment, were rated within the four highest grades (Baa or BBB or better) by at least one NRSRO or were unrated but judged to be of comparable quality by the Investment Adviser; and (2) has invested up to 25% of its Managed Assets in municipal securities that at the time of investment were rated below investment grade or were unrated but judged to be of comparable quality by the Investment Adviser.
Appears in 1 contract
Samples: VRDP Shares Fee Agreement (Bank of America Corp /De/)
