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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 Sep 22, 2016 3:40pm
114 Views
Post# 25267205

Looks like they are getting a handle on the

Looks like they are getting a handle on the structures that contain higher grades and I like the fact that the OB-3 structual domain gading 17.6 grams over 9 meters is open in all directions. 
I wonder what's next, will they continue to explore that or other as yet untested areas or start an infill program.  ?
It will be interesting to see how the analysts interpret these results and I'm certain all will discuss future plans with the Co. so what will they say in their updates ?
Thanks to anyone who has access to those analyst reports.


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