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

<< Previous

Bullboard Posts

Next >>

Post by Invest4Life2016on Dec 01, 2016 3:51pm

82 Views

Post# 25542618

U.S. Dollar in it's 3rd Bull Run Since the 80's!

A strong U.S. Dollar index of 1.10 extinguished the last significant gold bull run. Once the dollar broke 1.00 it only took two months to break 1.10 which sent gold to it's knees and kept it there for 3.5 years as the dollar peaked to 1.64. A bull run in the dollar is gold's worst nightmare that gold bugs will be waking up to. I know it seems far fetched for now but these are the times we live in so the game must go on to instill confidence that economics are improving to prosperity for all. What better way than markets and the U.S. Dollar to break new highs while gold is left laying on a floor where it won't pose a threat for some time.

User image