TEXT-Fitch rates & affirms preferred shares of Nuveen Michigan Quality Income Muni Fund on merger

Jan 07 - Fitch Ratings assigns 'AAA' long-term ratings to one series of MuniFund Term Preferred Shares (MTP shares) and one series of Variable Rate MuniFund Term Preferred Shares (VMTP shares) issued by Nuveen Michigan Quality Income Municipal Fund (NUM) in connection with the fund reorganization described below. Fitch also affirms the 'AAA' rating assigned to one existing series of VMTP shares of NUM in connection with the transactions described below. NUM is a municipal closed-end fund