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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 May 03, 2017 10:39am
134 Views
Post# 26197774

RE:Price

RE:PriceYou could be right although they keep talking about a non dilutive financing and putting out assays on the backfill ore implies that they are trying to get a deal done specifically for that, such as a gold streaming deal maybe.
The price of gold the last few days certainly isn't helping but I think that's short lived.


bodybuilder wrote: I am almost 100% certain there is an issue coming that is somehow pegged to the share price. This is not trading well at all. Never thought we would see $.81 bid after that last monster hole.




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