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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 Oct 06, 2016 3:40pm
148 Views
Post# 25319178

It's the end of the day gong show that I love the best.

It's the end of the day gong show that I love the best. Why sell mid day when there's a possibility of a $ 5.00 takeover being announced at 12:30 and when that doesn't happen it's a race to the exit just in case the entire management group gets killed in a plane crash or maybe we wake up tomorrow to world peace or somehow world debt is suddenly erased or heaven forbid Kim Kardashian announces that copper is now more fashionable than gold and we are all done !
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