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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 > BMO
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Comment by truthtotellon Sep 30, 2016 10:45am
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Post# 25294820

RE:RE:RE:BMO

RE:RE:RE:BMO$500 million sounds reasonable to me however I would feel more confident if our new CEO owned more shares than me!  I bet he received a seven figure severance from Detour but only buys 5000 shares of NewCastle?  That is embarrassing and I think Wark will say something to him.  I wonder why he is not a director?
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