The value of this property is set to True if the label graphics must fit around the text when you place the label. The value of this property is set to False if the label graphics do not need to fit around text. You can change the designation in Catalog Manager.
You can set the value to True only for enclosures that are circles, ellipses, rectangles, or parametrics. You set the Is Fit To Text property when you create a label in Catalog Manager.
The following illustration is an example of a label with the Is Fit To Text property set to False. The rectangle appears at the same size when you created it:
This illustration is an example of a label with the Is Fit To Text property set to True. The rectangle resizes to fit around the text: