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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 Oyveyon May 11, 2017 10:57am
184 Views
Post# 26231187

RE:RE:Here we are again

RE:RE:Here we are againYup, no question we are going to finance at some point, probably soonish too I guess but we aren't exactly destitute and these guys will get decent terms or at least die trying. Warke just secured $ 110,000,000 on his AZ so I'm not worried about our ability to find money.
Of course it would be interesting to see what happens if they've been successful at punching a few more holes adjacent to CMM 195 ( 31 grams over 29 meters and 2.26 grams over 126 meters ) which could confirm that we've found an entirely new zone of mineralization that could be wide open.
Wishful thinking maybe but I'm not here for the dividends ! 
It's been awhile so we should be hearing something fairly soon I suspect.



bodybuilder wrote: Here's my post from March 3rd. I didn't want to see it happen but I think that's what we are seeing.

https://www.stockhouse.com/companies/bullboard?symbol=t.nca&postid=25928951


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