Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 truthtotellon Oct 18, 2017 4:43pm
104 Views
Post# 26828443

RE:RE:has anyone called and spoken to the company?

RE:RE:has anyone called and spoken to the company?GD: you are putting too much weight on analysts reports. When there is a financing coming you will see a lot of analyst reports from houses that want to be involved in the financing. When the financing happens you will see all of these firms participating in the financing and receiving a 5% commission. These same houses are positioning the share price for the financing to make it easier for them to sell. The other factor is that they have tipped their clients to a financing who are now selling their shares at say 85 cents to come back in at say 70 cents. before calling me a cynical SOB (which I am) lets see if I am right. If wrong, I apologize.
<< Previous
Bullboard Posts
Next >>