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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 BadVisionon Dec 05, 2017 9:04am
151 Views
Post# 27091715

RE:RE:Ross Beaty adding another 130K TREK shares

RE:RE:Ross Beaty adding another 130K TREK shares
I own roughly 400,000 shares of NCA as well.  I would think management enrichment would be a positive.  Equinox will get the recognition it needs plus a nice piggy bank to get the wheels in motion.

Plans for the future look pretty clear and we'll be a producer in a short period of time.  If we stay independent and try to get NCA off the ground, it will take time....yes we have 4 million ounces but that's it.   With Equinox, we have opportunity with one of the biggest mining players in the game...

Truthtotell:  I've seen your posts and admit, I do follow them; however, I question your judgment here and for someone invested as much as us, how can you can so 'no' to this deal...

If you dont mind, I'd like to hear more.
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