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.

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Nuveen California Municipal Value Fund Inc > Bad CEO

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Post by Micky1212on Jan 22, 2016 5:55am

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Post# 24483178

Bad CEO

Look what he has done over years at RMX. A lot of small shareholders have lost a lot of money through the lies from this CEO. There is nothing where he can be proud on it. His resource is going into smoke after another company was showing on it. The same will we see here, first a lot of wild stories and then when the small investors have lost their money will we see that here is nothing. How can somebody take such a person as CEO. We want our old back, he has a plan and everything was going good. Now since the new crew is on board we have lost 40% from our value. Cheers GLTA

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