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Nuveen California Municipal Value Fund Inc T.NCA


Primary Symbol: NCA

Nuveen California Municipal Value Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek current income exempt from both regular federal income taxes and California personal income tax. Its secondary investment objective is the enhancement of portfolio value. The Fund invests in municipal securities that are exempt from federal and California state income taxes. The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade or, if they are unrated, are judged by the manager to be of comparable quality. The Fund may invest up to 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality, of which up to 10% of its managed assets may be rated below B-/B3 or of comparable quality. It also invests in inverse floating rate municipal securities. Its investment adviser is Nuveen Fund Advisors, LLC.


NYSE:NCA - Post by User

Post by Bottomfisheron Apr 21, 2016 7:22pm
99 Views
Post# 24796685

Micky and cheap pp's

Micky and cheap pp's
Mr. Micky is constantly complaining about the "cheap PP's" - everybody had a chance to buy the stock when it was "Cheap" , you could have bought lots of CCY between 10 - 15c around the time the PP's were announced - did you ? I did........

I also bought ROY when nobody wanted it, it than became LIX and made a wonderful 20 bagger for me...just be aware of potential rollback situations and stay away from those...

It is the game to be played in the junior market, if you can't stand that , than buy barrick or Teck or whatever.....

this (NCA / CCY) will be a 2.00 - 4.00 stock 6 month from now......Management has a history that speaks for itself.
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