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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

Nuveen California Municipal Value Fund Inc > NewCastle Gold Reports Leadership Changes
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Comment by Terrebonneon Jul 21, 2016 8:01pm
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Post# 25074389

RE:RE:RE:RE:RE:RE:RE:NewCastle Gold Reports Leadership Changes

RE:RE:RE:RE:RE:RE:RE:NewCastle Gold Reports Leadership ChangesThe NR is less than perfectly clear whether Mr. Adamson is stepping down from both the CEO and Director positions. If he is resigning from both positions, it'll be interesting to see how the company handles his options. It's my understanding of TSX-V guidelines that stock options of a person who is no longer an officer or director must expire no later than 90 days following the resignation.
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