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 > Today's volume = very positive sign

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Comment by aweighon Jun 07, 2016 12:51pm

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Post# 24942189

RE:RE:Today's volume = very positive sign

Didn't Adamson get Rubicon up to well over a $ 1 Billion market cap and then He closed a $ 200 Million financing before retiring as CEO and handing the reins to Lalonde.
Love that guy.
That would be the equivalent of $ 7 + per share for NCA, I could live with that.

Wonder what the ETA is for our drills ?