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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

Comment by GoldPanda1on Apr 27, 2017 8:18am
193 Views
Post# 26172705

RE:drill results?

RE:drill results?
truthtotell wrote: I hope I am wrong but I think the market has concluded that Panneton was not sitting on another strong hole - like some of us thought. I believe we are now in for a bunch of low grade holes but don't despair because they should add ounces.


and I guess the market in less than 24 hours reversed its position? get real - lot of speculation and short term investing is happening so volatility is a given
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