...August 25, 2020 AUSTIN (S&P Global Ratings) Aug. 25, 2020--S&P Global Ratings today withdrew its 'AAAf/##' fund credit quality and volatility ratings on the Sarasota County Investment Pool. We withdrew the ratings at the request of the manager, Sarasota County Clerk of the Circuit Court and County Comptroller. JPMorgan Chase is the custodian for the fund. At the time of the withdrawal, the profile of the fund was consistent with the criteria set out for our ratings. As of today, we will no longer undertake monthly surveillance of the credit quality and volatility of the bond fund. Our fund credit quality ratings, identified by the 'f' subscript, are forward-looking opinions about the overall credit quality of a fixed¡income fund's portfolio. Fund credit quality ratings range from 'AAAf' (extremely strong protection against losses from credit default) to 'CCCf' (extremely vulnerable to losses from credit defaults). The ratings from 'AAf' to 'CCCf' may be modified by the addition of a plus...
