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.

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Nuveen California Municipal Value Fund Inc > We get mentioned on Bloomberg Guistra article

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Post by redmetalon May 17, 2017 10:28pm

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Post# 26257980

We get mentioned on Bloomberg Guistra article

Frank is a major shareholder. Goldcorp will eventually buy Newcastle, thanks to Ian Telfer (Guistra and Warkes buddy who bought into Catalyst Copper together). Warke bought all of Telfers shares because of the conflict of interest for Telfer. Mark my words, its going to happen.Newcastle will end up with an 8 to 10 million ounce deposit which goldcorp will buy.

Bloomberg article

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