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 > The website has been updated to show Leduc as CEO so

<< Previous

Bullboard Posts

Next >>

Post by Goaweighon Oct 25, 2017 1:41pm

128 Views

Post# 26857145

The website has been updated to show Leduc as CEO so

something has been accomplished anyway. I can't believe this would be halted for an updated 43-101 so it has to be more than that. A merger possibly but Trek doesn't seem to fit, I always thought New Gold would be a logical suitor as they have operations close by but.... Also thought a merger between AZ and NCA might be good for both Co's as AZ has cash and could use it to get Castle Mountain into production which should have a positive impact for the combined Co.

Sale of our copper assets ?

Any other guesses ?

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market