Moody's upgrades the preferred share ratings of RMR Real Estate Income Fund to A3 from Baa1
New York, November 30, 2016-- Moody's has upgraded the auction-rate preferred shares issued by RMR Real Estate Income Fund to A3 from Baa1. The following ARPS series were upgraded to A3 from Baa1:. The upgrade of the ARP shares to A3 from Baa1 principally reflects improvement in the fund's risk-adjusted asset coverage over the last two quarters and our expectation that the fund will be able to sustain its improved asset coverage position.
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