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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

Post by aweighon May 05, 2016 12:55pm
145 Views
Post# 24844902

To get an idea what to expect post merger you

To get an idea what to expect post merger you need look no further than AZ, Mr. Warkes other deal now run by Mr. Gowans. They started their most recent drill program with 2 drills, increased them to 5 and have now decided to add another 2 for a total of 7.
Can you imagine what will happen here if we start heading into a more aggressive bull market for gold, had 7 drills turning, or even 2 , and we start expanding on the higher grade zones that have been discovered already !!!
That's what I love about Warke, he works like it's his last day on earth and has no time to screw around.
Not like other deals I've been on, let's do rock chip samples for 5 years, trenching for another 5 and then maybe we'll bring in a hand auger !




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