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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 Oyveyon Mar 03, 2017 12:06pm
128 Views
Post# 25927371

RE:share action

RE:share actionI know it's frustrating but quality management groups always let the drills doing the talking. When they have the data they need they will let fly. Warke and Giustra own 50,000,000 shares so they have a vested interest to get this as high as they possibly can and then sell it. Warke always seems to have something up his sleeve too, always a move or two ahead of where you think we are. All's quiet and then boom, he comes out with something unexpected. Red alluded to our properties in Nevada and I wouldn't be surprised if plans for that area aren't more advanced than we know. It will happen soon enough.


bodybuilder wrote:
I'm shocked at the lack of interest/effort in and around this company. Based on the passed successes of this  management team you think we would be at a $1.50 just as a default. This is almost becoming embarrassing, 11000 shares traded an hour into trading and sitting dead last amongst our peers.
 
This is becoming one of those steak vs sizzle situations.
 
Comon investor relations and President start pitching. This is getting ridicules.



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