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 > great buying opportunity

<< Previous

Bullboard Posts

Next >>

Post by Kerouac97on Nov 16, 2017 1:48pm

134 Views

Post# 26978262

great buying opportunity

NCA is trading at $0.76 Trek is trading at $1.00 and the exchange ratio is .873. This is easy money people and a way to make a 15% return in five weeks when the deal closes on Dec. 22.

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec