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

Nuveen California Municipal Value Fund Inc > Marc Leduce interim president and CEO

<< Previous

Bullboard Posts

Next >>

Comment by Goaweighon Oct 25, 2017 2:05am

143 Views

Post# 26854310

RE:Marc Leduce interim president and CEO

He was fired or he quit, either way he wasn't delivering on his promise to make money for shareholders so we need to find someone who can. Warke certainly has made lots of money for his shareholders and himself and as he owns 30,000,000 shares he's motivated to get this Co. going so I'm certain he'll do whatever is necessary.