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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 Goaweighon Aug 21, 2017 10:21am
193 Views
Post# 26602776

Great find Pogohere, thanks

Great find Pogohere, thanks We staked a bunch of claims on the Nevada side of the boarder and I presume that's because there may be a trend heading NE/SW ? If we could get the monument put aside and stake claims hooking these two areas up that might be quite interesting from an exploration point of view but what I think we really need is just more land on which we can build a larger leach pad so we can get up to the critical mass of 300,000 OZ. per year. Certain we will prove we have enough gold to mine at that rate just not enough area to build a large enough pad to produce at that rate. This could be the key we need to get to the $ 2 Billion Market Cap Gerald has been talking about.
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