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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

Comment by redmetalon Jan 27, 2017 9:16am
168 Views
Post# 25762566

RE:$.66 cent close

RE:$.66 cent closeYes, a bit of a head scratcher. They have been drilling for 3 months and no news on phase 2 drilling. That said, Richard bought  318000 shares on the 23rd. 

Yes, my gut feel is this could be the last chance to pick up cheap shares. Trump is scaring the world with his posturing in initial negotiations and Gold will rocket soon.


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