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 > This is getting a bit depressing isn't it Micky.

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Comment by Bottomfisheron Apr 16, 2016 3:55pm

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RE:RE:RE:RE:This is getting a bit depressing isn't it Micky.

Being a CCY shareholder, I have no complaints about the deal, even if I were an NCA holder, I would be happy to see things finally come together and moving on. there is firepower now on deck, look at Guistras other deal (LIX) from the 10c range to 2.50 in less than 6 month ......Micky - you might see 2.00 on this faster than you can imagine now....it is very possible.
Be happy and enjoy the ride.....

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Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload