I argue for a novel model of feature valuation in the CI interface and explore under what circumstances a syntactic feature is semantically interpretable. As the groundwork for the investigation, I propose an explicit Distributed Morphology model of Italian nouns of profession. The data provide evidence that the morphology accesses the narrow-syntax representation at two different temporal points within a phase: the earlier point (Spell-Out) returns a morphological realization faithful to feature values present in narrow syntax, while the later point (Transfer) allows for a narrow-syntax representation to be enriched by the CI component. Thus, there is no syntactic distinction between interpretable and uninterpretable features: a syntactic feature appears to be interpretable only if it has been licensed by the CI interface.