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

Nuveen California Municipal Value Fund Inc > Bad CEO

<< Previous

Bullboard Posts

Next >>

Comment by Micky1212on Jan 30, 2016 9:47am

88 Views

Post# 24508457

RE:RE:Bad CEO

Last year at this time we were standing at round about 45c and we had enough money for drilling.
Since them we have lost nearly 50 percent from our value. And your million of oz is the same like RMX? Theyhad rhe same Ceo and only the new were correcting it, but now they have nearly no ozs and the company will be soon bankrupty. All done by the new Ceo.
Will we see the same here? But in the moment there is a little problem nobody is buying it up and more sellers then buyers are in the market.
This Ceo is damaging the company and has stll 50 percent value destroyed. What will come next, the other 50 percent?
the old was better and we had a mine nearby.
Cheers
Glta

<< Previous

Bullboard Posts

Next >>

Anaergia expands relationship with PepsiCo