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 > Morning Star

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Comment by BadVisionon Sep 25, 2017 10:25am

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Post# 26737395

RE:Morning Star

This could be based on a few factors: they need more water for long-term production and cash.

imo, this assessment is comparing other junior/developers but not a far jump from closing the gaps we need to make this a 1.50$ sp.

At this point, the sp is holding firm based on the information we have. It will eventually grow with more news and activity - more of a mid-long term play but good to be on the ground, riding the wave up.

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