Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33

Tranches, pool and monthly delinquency indicator for Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33.

Data as of loan data through September 2026; ratings as held in the dataset at build

Current pool balance: $516.7M (September 2026)
Original pool balance: $702.6M
Loans at issuance: 44
Closing date: 2017-05-11
Weighted average coupon at issuance: 4.79%
Weighted average LTV at issuance: 48.7%
30+ delinquent (latest): 4.84%
Realized stress score: 66.9
Net rating change since issuance: +0.05 notches

Tranches

Class	Original balance	Credit support (computed)	Coupon	CUSIP	Fitch	KBRA	S&P	Moody's	DBRS
A-1	$28.5M	95.84%	2.031% fixed	61767CAQ1	PIF	not yet reported	not yet reported	WR	Discontinued
A-2	$75.2M	84.87%	3.140% fixed	61767CAR9	PIF	not yet reported	not yet reported	WR	Discontinued
A-3	$37.5M	79.40%	3.295% fixed	61767CAT5	AAA	not yet reported	not yet reported	Aaa	AAA (sf)
A-4	$130.0M	60.43%	3.337% fixed	61767CAU2	AAA	not yet reported	not yet reported	Aaa	AAA (sf)
A-5	$156.1M	37.66%	3.599% fixed	61767CAV0	AAA	not yet reported	not yet reported	Aaa	AAA (sf)
A-S	$58.3M	29.16%	3.852% fixed	61767CAY4	AAA	not yet reported	not yet reported	Aa3	AAA (sf)
A-SB	$52.5M	21.50%	3.401% fixed	61767CAS7	AAA	not yet reported	not yet reported	Aaa	AAA (sf)
B	$38.6M	15.88%	4.105% fixed	61767CAZ1	AA+	not yet reported	not yet reported	not yet reported	AA (high) (sf)
C	$28.3M	11.75%	4.558% fixed	61767CBA5	A+	not yet reported	not yet reported	not yet reported	A (high) (sf)
D	$32.6M	7.00%	3.356% fixed	61767CAC2	BBB-	not yet reported	not yet reported	not yet reported	BB (high) (sf)
E	$14.6M	4.88%	4.928% floating (WAC)	61767CAE8	BB-	not yet reported	not yet reported	not yet reported	CCC (sf)
F	$6.9M	3.88%	4.928% floating (WAC)	61767CAG3	B-	not yet reported	not yet reported	not yet reported	C (sf)
G	$26.6M	0.00%	4.928% floating (WAC)	61767CAJ7	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
R	not yet reported	not yet reported	not yet reported	61767CAN8	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
V	not yet reported	not yet reported	not yet reported	61767CAL2	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
X-A	$479.8M	Interest only	1.611% floating	61767CAW8	AAA	not yet reported	not yet reported	Aaa	AAA (sf)
X-B	$125.1M	Interest only	0.838% floating	61767CAX6	A+	not yet reported	not yet reported	not yet reported	AA (low) (sf)
X-D	$32.6M	Interest only	1.572% floating	61767CAA6	BBB-	not yet reported	not yet reported	not yet reported	BBB (low) (sf)

Credit support is computed from the class stack order in the prospectus: the share of the deal's principal balance in classes junior to the class. Interest-only classes carry a notional balance and no principal support figure. Ratings are the latest held in the dataset for each class and agency; NR means the agency shows the class as not rated, WR that the rating was withdrawn, PIF that the class has been paid in full. Any other status value is shown exactly as the agency reports it. A + after a CUSIP marks a class with companion CUSIPs in the dataset.

Pool at issuance

Loans	44
Original loan balance	$703.3M
Weighted average coupon	4.79%
Weighted average LTV	48.7%
Median loan LTV	59.2%
Full-term interest only (share of balance)	26.6%
Balloon loans (share of balance)	100.0%
Largest loan (share of balance)	8.5%
Five largest loans (share of balance)	34.9%
Occupancy at issuance (weighted average)	93.8%

Realized outcomes

Months reported	112
Peak 30+ delinquency	15.09% (July 2020)
Ever severe (share of original balance)	19.12%
Ever modified (share of original balance)	11.50%
Past scheduled maturity (share of original balance)	6.14%
Non-performing matured (share of original balance)	96.75%
Maximum servicer advances (share of balance)	0.43%
Median DSCR, first year	1.77
Median DSCR, latest	1.94
Realized stress score	66.9

Property types

Property type	Original balance	Share of pool
Retail	$169.9M	24.2%
Self storage	$115.9M	16.5%
Office	$114.5M	16.3%
Mixed use	$51.0M	7.3%
Industrial	$35.1M	5.0%
Other (code 98)	$12.7M	1.8%
Lodging	$6.2M	0.9%

Property type is reported for 71.8% of the pool balance; shares are of the full pool.

Largest loans

Property	Location	Original balance	Share of pool	Coupon	Originated
HYATT REGENCY AUSTIN	not yet reported	$60.0M	8.5%	5.46%	2017
Defeased	FL	$52.0M	7.4%	4.65%	2017
PENTAGON CENTER	Arlington, VA	$50.0M	7.1%	4.33%	2017
PEARLRIDGE UPTOWN II	Aiea, HI	$43.2M	6.1%	4.07%	2017
KEY CENTER CLEVELAND	Cleveland, OH	$40.0M	5.7%	5.31%	2017

Delinquency and stress indicator

▬ 30+ days delinquent · ▬ Distressed (90+, foreclosure, REO, non-performing matured)

Monthly shares of the deal's reported balance, from the deal indicator series in the dataset. Months in which fewer than half of the reported loans carry a delinquency status code are not plotted.

Ratings

Classes with a CUSIP	18 of 18
Classes with a current rating in the dataset	15 of 18
Net rating change since issuance	+0.05 notches (balance-weighted)
Delinquency threshold crossed	June 2020
First downgrade	November 2022

Sources: SEC Form ABS-EE asset-level reports, Form 10-D distribution reports and the deal prospectus; rating histories published under SEC Rule 17g-7(b) and agency releases. Definitions are in the methods note on the market page.