Morningstar DBRS Publishes Final Methodology on Global Methodology for Rating Debt Issued by Investment Funds

Morningstar DBRS finalized its Global Methodology for Rating Debt Issued by Investment Funds (the Methodology).

The Methodology consists of the base fund methodology, Appendix I - Subscription Loan Facilities (Appendix I), Appendix II - Credit Funds (Appendix II), and Appendix III - Collateralized Fund Obligations (Appendix III).

The Methodology supersedes the prior version published on October 14, 2024 and is effective as of June 12, 2025.

No comments were received during the Request for Comment Period.

Morningstar DBRS deems the update not to be material and determined that no ratings are expected to change as a result of this update.

All comments received during the request for comment period have been published to the Morningstar DBRS website, except in cases where confidentiality is requested by the respondent.

Notes:
Morningstar DBRS methodologies are publicly available on its website http://dbrs.morningstar.com under Methodologies & Criteria.

For more information on this methodology, or on this industry, visit http://dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.