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 > Another trading day not even close to transaction price

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Comment by BSdetector2016on Oct 31, 2017 2:41pm

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Post# 26883502

RE:RE:Another trading day not even close to transaction price

stopedout wrote: The discount indicates that mr market sees a risk of NCA shareholders voting this down or a hostile bid for TREK that cancels the merger. I am selling half my TREK for the tax loss and taking the proceeds and buying NCA.

Don't forget that Warke controls a huge chunk of NCA shares. Unless all retail votes against this it will probably go through.

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