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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 aweighon May 04, 2016 10:41am
89 Views
Post# 24840336

RE:RE:2015 seeking Alpha Article

RE:RE:2015 seeking Alpha ArticleYou're probably right but it's nice to have some brain dead gamblers who've just gotten lucky about ten times to join the team anyway.
But lets not bicker, we are soon to be family as I've just voted in favour of being taken over by NCA so it's a done deal. They told me my odd lot was the decider !
I'm looking forward to our drill program even if it takes awhile. I'm told Warke likes to drill at 50 meter spacings across an entire property so he doesn't have to rely on the smart guys to make him millions, if it's there he'll find it and he usually does.
I think we will have a very interesting spring/summer ahead.
GLTA, even Micky !




truthtotell wrote: "will now have some money and expertise to drill a lot more holes" With respect, the exploration expertise is more on the Newcastle side.


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