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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 Goldendreamon Sep 13, 2017 10:19am
153 Views
Post# 26689556

Take Time to Re-Consider

Take Time to Re-Consider                                      It's good to look at all aspects of any situation but one does not want speculate too much without good reason. I fear their is  some excess pessimism, skeptisum and negative feelings at this time about all that is going on at NCA.  Both " Beacon Securities Ltd" and " Paradigm Capital " have taken a very POSITIVE ANALYTICAL  look at NCA and have set target share prices at about $1.70 based on present information.  Yet I read one comment on this site stating that NCA was perhaps over sold.  The truth in these Jr. Mining stocks can sometimes be difficult to come by but sooner or later your going to have to make up your mind. I personally am taking a more positive approach, I believe NCA has much going in it's favour, much more than many other Jr. Miners out there.  The news that has been coming down the pipe line has been all positive to date based on FACT.  Lets not get too negative unless we get some solid FACTS to base it on. I believe the SP at this time is simply a BARGAIN BASEMENT DEAL if there ever was one!! GLTA.
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